Form 4: WDC Officer Davis Reports Routine Stock Transactions
Insider Transaction Report
Western Digital's Chief Sales & Marketing Officer, Brian Scott Davis, reported the acquisition of 6 common shares and the disposition of 849 shares for tax obligations.
Summary
- Brian Scott Davis, Chief Sales & Marketing Officer of Western Digital Corp (WDC), reported changes in his beneficial ownership.
- Acquired 6 shares of common stock on February 25, 2026, at a price of $0.0 per share.
- Disposed of 849 shares of common stock on February 25, 2026, at a price of $290.95 per share to cover tax obligations related to the vesting of securities.
- The acquisition of 6 shares was related to the conversion of dividend equivalent rights into common stock in connection with the vesting of restricted stock units.
- Following these transactions, Davis directly beneficially owns 120,021 shares of common stock.
- Davis also beneficially owns 215.0754 dividend equivalent rights.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, representing a routine insider transaction for tax purposes related to compensation, with no significant positive or negative implications for the company's operational or financial performance.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that routine insider transactions, such as those for tax withholding upon RSU vesting, are common across the technology and semiconductor industries. These transactions typically do not reflect a change in management's sentiment towards the company's future prospects but are rather a standard part of executive compensation and tax planning.
Stakeholder Impact
- Shareholders: No direct impact on company operations or strategy; reflects routine executive compensation and tax management.
Key Dates
| Date | Description |
|---|---|
| 02/25/2026 | Date of reported stock transactions (acquisition and disposition of common stock, conversion of dividend equivalent rights). |
| 02/27/2026 | Date the Form 4 was signed and filed. |
Keywords
Western Digital, WDC, Insider Trading, Form 4, Stock Transaction, Brian Scott Davis, Chief Sales & Marketing Officer, Common Stock, Restricted Stock Units, Dividend Equivalent Rights
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