Form 4: Western Digital CEO Irving Tan Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Western Digital's CEO, Irving Tan, disposed of 457 shares of common stock on March 20, 2025, to cover tax obligations related to vesting securities.
Summary
- On March 20, 2025, Irving Tan, the CEO of Western Digital, disposed of 457 shares of the company's 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 $44.51 per share.
- Following the transaction, Tan directly owns 616,860 shares of Western Digital common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing for an insider transaction, which is neutral in sentiment.
Industry Context
This is a routine Form 4 filing related to insider transactions. It is common for executives to sell shares to cover tax obligations related to vesting equity.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/20/2025 | Date of transaction: Irving Tan disposed of shares. |
| 03/21/2025 | Date of signature on the Form 4 filing. |
Keywords
Western Digital, WDC, Irving Tan, CEO, Form 4, Stock Disposal, Tax Obligations, Insider Trading, Securities, Beneficial Ownership
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