Form 4: WDC Officer Reports Routine Stock Transactions
Statement of Changes in Beneficial Ownership
Western Digital's Chief Sales & Marketing Officer, Brian Scott Davis, reported routine stock transactions involving the vesting of restricted stock units and shares withheld for tax obligations.
Summary
- Brian Scott Davis, Chief Sales & Marketing Officer of Western Digital Corp (WDC), reported changes in his beneficial ownership of company common stock.
- On November 25, 2025, Davis acquired 5 shares of common stock at a price of $0.0, related to the conversion of dividend equivalent rights upon the vesting of restricted stock units.
- Concurrently, 971 shares of common stock were disposed of at a price of $155.41 per share to satisfy tax obligations incident to the vesting of securities.
- Following these transactions, Davis directly beneficially owns 132,748 shares of common stock.
- Additionally, 5.1626 dividend equivalent rights were converted into common stock, with a cash amount paid for a fractional right, leaving 181.6825 dividend equivalent rights beneficially owned.
Sentiment
Score: 5
Explanation: The filing reports routine insider transactions (vesting and tax withholding) which are neutral in terms of company performance or outlook. It reflects standard executive compensation practices.
Positives
- The vesting of restricted stock units indicates the realization of compensation for the Chief Sales & Marketing Officer, aligning executive interests with shareholder value over time.
Negatives
- A disposition of 971 shares of common stock was made to cover tax obligations, resulting in a reduction of the officer's direct share ownership.
Future Outlook
na
Industry Context
na
Stakeholder Impact
- Minimal impact on shareholders as these are routine compensation-related transactions for an executive, not indicative of significant operational or strategic shifts.
Key Dates
| Date | Description |
|---|---|
| 11/25/2025 | Date of reported transactions for common stock and dividend equivalent rights. |
| 11/26/2025 | Date the Form 4 was signed and filed. |
Keywords
Western Digital, WDC, Form 4, Insider Transaction, Stock Ownership, Brian Scott Davis, Restricted Stock Units, Tax Withholding
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