Form 4: Irving Tan, Western Digital, Form 4 Filing
SEC Form 4
Irving Tan, Chief Executive Officer of Western Digital, reports transactions involving common stock and dividend equivalent rights.
Summary
- Irving Tan, CEO of Western Digital, filed a Form 4.
- The transactions involve common stock and dividend equivalent rights.
- 34 dividend equivalent rights were converted into common stock on September 20, 2025.
- 779 shares of common stock were disposed of to cover tax obligations on September 20, 2025.
- 368.7967 dividend equivalent rights were acquired on September 18, 2025.
- Following the reported transactions, Tan directly owns 665,467 shares of common stock and 863.1841 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The filing is a standard report of stock transactions and does not inherently convey positive or negative sentiment.
Positives
- Acquisition of 368.7967 dividend equivalent rights.
- Direct ownership of 665,467 shares of common stock.
Negatives
- Disposal of 779 shares of common stock to cover tax obligations.
- Conversion of 34 dividend equivalent rights.
Future Outlook
No forward-looking statements were provided in the filing.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the CEO's holdings.
Key Dates
| Date | Description |
|---|---|
| 09/18/2025 | Acquisition of dividend equivalent rights |
| 09/20/2025 | Conversion of dividend equivalent rights to common stock |
| 09/20/2025 | Disposal of common stock for tax obligations |
| 09/22/2025 | Date of signature for the report |
Keywords
Form 4, Western Digital, Irving Tan, WDC, dividend equivalent rights, common stock, CEO
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