Form 4: Western Digital Officer Reports Stock Transactions
Insider Transaction Report
Western Digital's Chief Legal Officer, Cynthia L. Tregillis, reported the acquisition of common stock through RSU vesting and subsequent disposition for tax obligations.
Summary
- Cynthia L. Tregillis, Chief Legal Officer & Corporate Secretary of Western Digital Corporation, reported changes in her beneficial ownership of common stock and dividend equivalent rights.
- On November 20, 2025, Tregillis acquired 2 shares of common stock at $0.0 per share and disposed of 379 shares at $140.23 per share to cover tax obligations.
- On November 21, 2025, Tregillis acquired 7 shares of common stock at $0.0 per share and disposed of 1,108 shares at $139.19 per share to cover tax obligations.
- These acquisitions of common stock were a result of the conversion of dividend equivalent rights in connection with the vesting of restricted stock units.
- Following these transactions, Tregillis beneficially owns 148,097 shares of common stock.
- Dividend equivalent rights were also converted into common stock, with 2.5444 rights converted on November 20, 2025, and 7.4269 rights converted on November 21, 2025.
- After these conversions, Tregillis beneficially owns 281.3317 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The filing reports routine insider transactions related to executive compensation (RSU vesting and tax withholding). These are expected events and do not indicate a significant positive or negative shift in company fundamentals or executive sentiment.
Positives
- The acquisition of common stock stems from the vesting of restricted stock units (RSUs) and dividend equivalent rights, indicating the fulfillment of executive compensation plans.
- The vesting of RSUs suggests continued employment and alignment of executive interests with shareholder value.
Negatives
- A total of 1,487 shares of common stock were disposed of (379 + 1,108) to satisfy tax withholding obligations, representing a reduction in direct beneficial ownership.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of insider stock transactions and does not provide information relevant to broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: The impact is minimal as these are routine, pre-scheduled transactions related to executive compensation. The disposition of shares for tax purposes is a common occurrence and does not signal a lack of confidence.
- Employees: The vesting of RSUs reflects the company's ongoing executive compensation structure.
Key Dates
| Date | Description |
|---|---|
| 11/20/2025 | Transaction date for acquisition of 2 common shares and disposition of 379 common shares for tax obligations, and conversion of 2.5444 dividend equivalent rights. |
| 11/21/2025 | Transaction date for acquisition of 7 common shares and disposition of 1,108 common shares for tax obligations, and conversion of 7.4269 dividend equivalent rights. |
| 11/24/2025 | Date the Form 4 was signed by Attorney-in-Fact for Cynthia Tregillis. |
Keywords
Western Digital, WDC, Form 4, Insider Transaction, Cynthia Tregillis, Chief Legal Officer, Stock Vesting, Restricted Stock Units, Dividend Equivalent Rights, Executive Compensation
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