Form 4: Western Digital CEO David Goeckeler Disposes of Shares to Cover Tax Obligations
SEC Form 4
David Goeckeler, CEO of Western Digital, disposed of 34,740 shares of common stock on June 15, 2024, to cover tax obligations related to the vesting of securities.
Summary
- On June 15, 2024, David Goeckeler, the CEO of Western Digital, disposed of 34,740 shares of common stock.
- The transaction was executed to cover tax obligations arising from the vesting of securities.
- The shares were disposed of at a price of $78.12 per share.
- Following the transaction, Goeckeler directly owns 829,736 shares of Western Digital common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the transaction is a routine tax-related stock disposal and doesn't inherently reflect positive or negative views on the company's performance.
Industry Context
This is a routine transaction for executives to cover tax obligations when stock options or restricted stock units vest. It doesn't necessarily indicate a change in the executive's confidence in the company.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors as it is a routine transaction.
Key Dates
| Date | Description |
|---|---|
| 06/15/2024 | Date of transaction: David Goeckeler disposed of shares. |
| 06/17/2024 | Date of signature on the Form 4 filing. |
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