Form 4: Western Digital Executive Reports Routine Tax-Related Stock Withholding

Cynthia L. Tregillis, CLO and Corporate Secretary of Western Digital Corporation, reported the withholding of shares to cover tax obligations incident to the vesting of securities.

Summary

• Cynthia L. Tregillis, Western Digital Corporation's Chief Legal Officer and Corporate Secretary, filed a Form 4 reporting changes in her beneficial ownership of common stock.
• On May 25, 2025, 768 shares of common stock were disposed of at a price of $50.18 per share.
• On May 27, 2025, an additional 267 shares of common stock were disposed of at a price of $51.82 per share.
• Both transactions were identified as 'F' code, indicating payment of tax obligations by withholding securities incident to the vesting of securities, a routine compliance procedure.
• Following these transactions, Ms. Tregillis beneficially owns 157,661 shares of Western Digital common stock directly.

Sentiment

Score: 5

Explanation: The filing reports routine tax-related stock withholdings, which are standard compliance procedures and do not indicate a change in company performance or outlook, thus having a neutral sentiment.

Future Outlook

The document is an insider transaction report and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive analysis.

Stakeholder Impact

• The reported transactions are routine tax withholdings for an executive's vested shares, having minimal direct impact on shareholders, employees, customers, suppliers, or creditors beyond standard compensation practices.

Key Dates

Keywords

Western Digital, WDC, SEC Form 4, Insider Transaction, Stock Withholding, Beneficial Ownership, Cynthia Tregillis, Corporate Secretary, Chief Legal Officer