Form 4: Western Digital Officer's Stock Transactions

Western Digital's Chief Sales & Marketing Officer, Brian Scott Davis, reported the acquisition of common stock through RSU vesting and subsequent tax-related dispositions.

Summary

• Brian Scott Davis, Chief Sales & Marketing Officer of Western Digital Corp (WDC), reported changes in his beneficial ownership of common stock.
• On November 20, 2025, he acquired 135,018 shares of common stock through the vesting of restricted stock units and conversion of dividend equivalent rights (DERs).
• On the same day, 715 shares were disposed of at $140.23 per share to cover tax obligations related to the vesting.
• On November 21, 2025, he acquired an additional 134,306 shares of common stock through further RSU vesting and DER conversion.
• On November 21, 2025, 592 shares were disposed of at $139.19 per share for tax withholding purposes.
• Dividend Equivalent Rights (DERs) totaling 3.8072 on November 20, 2025, and 3.152 on November 21, 2025, were converted into common stock on a one-for-one basis, with fractional rights settled in cash.
• Following these transactions, his direct beneficial ownership of Western Digital common stock stands at 133,714 shares.

Sentiment

Score: 5

Explanation: Neutral. This is a routine insider transaction reporting the vesting of equity awards and subsequent tax withholding, which is a standard part of executive compensation. It does not indicate a change in company fundamentals or strategic direction.

Positives

• Significant acquisition of common stock (135,018 shares and 134,306 shares) through the vesting of restricted stock units and conversion of dividend equivalent rights, indicating long-term incentive plan payouts.
• Dividend Equivalent Rights were converted into common stock, aligning executive interests with shareholder returns.

Negatives

• A total of 1,307 shares (715 + 592) were disposed of to cover tax obligations, reducing the net increase in direct beneficial ownership.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Minor impact as it's a routine compensation event, showing executive alignment through equity ownership, albeit with some shares sold for tax purposes.

Key Dates

Keywords

Western Digital, WDC, SEC Form 4, Insider Trading, Stock Vesting, Restricted Stock Units, Dividend Equivalent Rights, Executive Compensation, Beneficial Ownership