Form 4: Western Digital Executive Gubbi Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Vidyadhara K. Gubbi, Chief of Global Operations at Western Digital, sold 2,129 shares of common stock on April 20, 2025, to cover tax obligations related to vesting securities.
Summary
- On April 20, 2025, Vidyadhara K. Gubbi, Chief of Global Operations at Western Digital, disposed of 2,129 shares of common stock.
- The transaction was executed to cover tax obligations arising from the vesting of securities.
- The shares were sold at a price of $36.51 per share.
- Following the transaction, Gubbi directly owns 175,133 shares of Western Digital common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction to cover tax obligations.
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 reflect a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 04/20/2025 | Date of transaction: Sale of common stock to cover tax obligations. |
| 04/22/2025 | Date of signature for the Form 4 filing. |
Keywords
Western Digital, WDC, Form 4, Gubbi, Vidyadhara K. Gubbi, Chief of Global Operations, Stock Sale, Tax Obligations, Insider Trading
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