Form 4: WDC Officer Reports Routine Stock Transactions

Western Digital's Chief Sales & Marketing Officer, Brian Scott Davis, disclosed routine equity transactions including RSU vesting and tax-related share dispositions.

Summary

• Brian Scott Davis, Chief Sales & Marketing Officer of Western Digital Corp (WDC), reported transactions involving common stock and dividend equivalent rights.
• On December 20, 2025, 6 shares of common stock were acquired at $0.0 per share, related to the conversion of dividend equivalent rights upon Restricted Stock Unit (RSU) vesting.
• Following this acquisition, the beneficial ownership of common stock was 132,754 shares.
• Also on December 20, 2025, 962 shares of common stock were disposed of at a price of $181.08 per share to satisfy tax obligations incident to the vesting of securities.
• After the disposition for tax purposes, the beneficial ownership of common stock decreased to 131,792 shares.
• On December 18, 2025, 55.2985 dividend equivalent rights were acquired at $0.0 per right.
• On December 20, 2025, 6.4982 dividend equivalent rights were disposed of at $0.0 per right, related to their conversion into common stock.
• The dividend equivalent rights accrue on previously awarded RSUs and vest proportionately with the RSUs to which they relate. Each right represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions related to equity compensation, including RSU vesting and tax withholding, which are standard occurrences and do not indicate a significant positive or negative shift in company fundamentals or management's outlook.

Positives

• The vesting of restricted stock units (RSUs) and associated dividend equivalent rights indicates the achievement of performance or service conditions by the officer.
• The acquisition of 6 shares of common stock through the conversion of dividend equivalent rights adds to the officer's direct equity stake in the company.

Negatives

• The disposition of 962 shares of common stock, valued at $181.08 per share, was solely for the purpose of covering tax obligations, not a voluntary sale for personal liquidity.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• The transactions represent routine compensation events for a key executive, with minimal direct impact on shareholders beyond the standard dilution from equity compensation plans. No material impact on employees, customers, suppliers, or creditors is indicated.

Key Dates

Keywords

Western Digital, WDC, Form 4, Insider Transaction, Equity Compensation, RSU Vesting, Dividend Equivalent Rights, Stock Disposition, Tax Withholding