Form 4: Western Digital Executive Gubbi Sells Shares to Cover Tax Obligations
SEC Form 4
Vidyadhara K. Gubbi, Chief of Global Operations at Western Digital, disposed of 412 shares of common stock to cover tax obligations related to vesting securities.
Summary
- On May 20, 2025, Vidyadhara K. Gubbi, Chief of Global Operations at Western Digital, disposed of 412 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting of securities.
- The shares were sold at a price of $50.63 per share.
- Following the transaction, Gubbi directly owns 174,721 shares of Western Digital common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the transaction is a routine sale of shares to cover tax obligations and doesn't indicate a significant change in the executive's outlook on the company.
Industry Context
This is a routine Form 4 filing, indicating an insider transaction related to tax obligations. Such transactions are common and don't necessarily reflect a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of transaction: Vidyadhara K. Gubbi disposed of 412 shares of common stock. |
| 05/22/2025 | Date of signature on the Form 4 filing. |
Keywords
Western Digital, WDC, Vidyadhara K. Gubbi, Form 4, insider trading, stock sale, tax obligations, Rule 16b-3(e), Chief of Global Operations
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