Form 4: Western Digital Executive Soderbery Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Robert Soderbery, an EVP & GM at Western Digital, disposed of 6,095 shares of common stock on September 21, 2024, to cover tax obligations related to vesting securities.
Summary
- On September 21, 2024, Robert Soderbery, an Executive Vice President and General Manager at Western Digital Corporation, disposed of 6,095 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 $66.75 per share.
- Following the transaction, Soderbery still beneficially owns 166,165 shares of Western Digital common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to executive compensation and tax obligations. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies. They are often related to compensation, tax planning, or portfolio diversification. The disposal of shares to cover tax obligations upon vesting is a standard practice.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 09/21/2024 | Date of the stock disposal transaction. |
| 09/23/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.