Form 4: Western Digital Officer Acquires Dividend Rights

Western Digital's Chief Legal Officer, Cynthia L. Tregillis, acquired 82.423 dividend equivalent rights tied to her restricted stock units.

Summary

• Cynthia L. Tregillis, Chief Legal Officer & Corporate Secretary of Western Digital Corporation (WDC), reported an acquisition of derivative securities.
• On December 18, 2025, Tregillis acquired 82.423 Dividend Equivalent Rights (DERs).
• These DERs accrued on previously awarded restricted stock units (RSUs) and vest proportionately with the RSUs to which they relate.
• Each dividend equivalent right represents a contingent right to receive one share of Western Digital's common stock or the cash value thereof.
• The transaction was made pursuant to a Rule 10b5-1 plan.
• Following this transaction, Tregillis beneficially owns 358.5947 derivative securities.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction related to executive compensation (acquisition of dividend equivalent rights), which is generally neutral in sentiment as it reflects standard equity award mechanisms rather than a discretionary market purchase or sale.

Future Outlook

This filing does not contain forward-looking statements or guidance, as it is a report of a past insider transaction.

Industry Context

This is a routine insider transaction disclosure, common across publicly traded companies, reflecting a component of executive compensation tied to equity awards. It does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: Provides transparency regarding executive compensation and equity ownership, which is a standard disclosure for corporate governance.

Key Dates

Keywords

Western Digital, WDC, Form 4, Insider Transaction, Dividend Equivalent Rights, Restricted Stock Units, Cynthia Tregillis, Corporate Governance