Form 4: Western Digital Executive Soderbery Reports Stock Transaction
SEC Form 4 Filing
Robert Soderbery, EVP & GM of Flash Business at Western Digital, reports disposition of 606 shares to cover tax obligations.
Summary
- Robert Soderbery, an Executive Vice President and General Manager at Western Digital Corporation, reported a transaction involving the company's common stock on May 27, 2024.
- The transaction involved the disposition of 606 shares of common stock at a price of $74.81 per share.
- This disposition was to cover tax obligations related to the vesting of securities, as per Rule 16b-3(e).
- Following the transaction, Soderbery directly owns 170,779 shares of Western Digital common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing and does not contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency into the stock ownership of Western Digital's executives. It is a standard practice for publicly traded companies and their executives.
Key Dates
| Date | Description |
|---|---|
| 05/27/2024 | Date of stock transaction (disposition of shares). |
| 05/28/2024 | Date of signature on the Form 4 filing. |
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