Form 4: Western Digital Officer's Routine Stock Transactions

Western Digital's Chief Legal Officer reported the acquisition of common stock from dividend equivalent rights and the disposition of shares for tax obligations.

Summary

• Cynthia L Tregillis, Chief Legal Officer & Corporate Secretary of Western Digital Corporation, acquired 5 shares of common stock on November 25, 2025, at a price of $0.0.
• This acquisition resulted from the conversion of dividend equivalent rights into common stock on a one-for-one basis, connected to the vesting of restricted stock units.
• A cash amount was also paid to settle a fractional dividend equivalent right.
• Concurrently, 770 shares of common stock were disposed of on November 25, 2025, at a price of $155.41 per share.
• This disposition was made to satisfy tax obligations incident to the vesting of securities, in accordance with Rule 16b-3(e).
• Following these reported transactions, Tregillis directly beneficially owns 147,332 shares of common stock.
• Additionally, 276.1717 dividend equivalent rights are directly beneficially owned.

Sentiment

Score: 5

Explanation: Neutral. This is a routine insider transaction related to compensation vesting and tax withholding, which is neither inherently positive nor negative for the company's operational or financial performance.

Positives

• The acquisition of 5 shares of common stock indicates the vesting of restricted stock units and associated dividend equivalent rights, suggesting continued equity participation for the officer.

Negatives

• The disposition of 770 shares for tax purposes reduces the officer's direct common stock holdings by that amount.

Future Outlook

No forward-looking statements or guidance are provided in this filing.

Industry Context

This filing details routine insider transactions related to executive compensation, which are common across all publicly traded companies when executives' equity compensation vests or is exercised. It does not provide insights into broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Minor, routine changes in insider ownership, reflecting standard compensation practices.
• Employees, Customers, Suppliers, Creditors: No direct impact from these transactions.

Key Dates

Recommendation

This Form 4 filing details routine insider transactions related to executive compensation, specifically the vesting of restricted stock units and the subsequent sale of shares to cover tax obligations. Such transactions are standard and do not provide new information regarding the company's operational performance, financial health, or strategic direction. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Western Digital, WDC, Form 4, Insider Trading, Stock Transaction, Cynthia Tregillis, Chief Legal Officer, Restricted Stock Units, Dividend Equivalent Rights, Tax Withholding