Form 4: Western Digital Legal Officer Reports Stock Transactions
Insider Transaction Report
Western Digital's Chief Legal Officer, Cynthia L. Tregillis, reported the acquisition of common stock from dividend equivalent rights conversion and the disposition of shares for tax obligations.
Summary
- Cynthia L. Tregillis, Chief Legal Officer & Corporate Secretary of Western Digital Corp, reported transactions involving the company's common stock.
- On October 20, 2025, Tregillis acquired 8 shares of common stock at a price of $0.0 per share.
- This acquisition resulted from the conversion of dividend equivalent rights into common stock, linked to the vesting of restricted stock units.
- Concurrently, 1,307 shares of common stock were disposed of at a price of $121.53 per share to satisfy tax obligations related to the vesting of securities.
- Following these transactions, Tregillis beneficially owns 149,575 shares of common stock directly and 291.303 dividend equivalent rights directly.
Sentiment
Score: 6
Explanation: The transactions are routine for executive compensation, involving the vesting of equity awards and subsequent tax withholding. The vesting itself is a positive for the executive, but the overall impact on the company's outlook is neutral.
Positives
- The vesting of restricted stock units and conversion of dividend equivalent rights represent a realization of compensation for the Chief Legal Officer.
- The acquisition of 8 shares of common stock at $0.0 indicates the successful conversion of dividend equivalent rights.
Negatives
- The disposition of 1,307 shares of common stock was solely for the purpose of satisfying tax obligations, which is a routine and expected event upon the vesting of equity awards.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- The transactions primarily impact the beneficial ownership of common stock and dividend equivalent rights held by Cynthia L. Tregillis, a key executive at Western Digital Corp.
Key Dates
| Date | Description |
|---|---|
| 10/20/2025 | Transaction Date for acquisition and disposition of securities. |
| 10/21/2025 | Signature Date of the reporting person's attorney-in-fact. |
Keywords
WDC, Western Digital, Form 4, Insider Transaction, Executive Compensation, Stock Vesting, Cynthia Tregillis
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