Form 4: Western Digital SVP Sells Shares to Cover Tax Obligations
SEC Form 4
Gene M. Zamiska, SVP & Principal Accounting Officer of Western Digital, disposed of 115 shares of common stock to cover tax obligations related to vesting securities.
Summary
- On June 14, 2024, Gene M. Zamiska, SVP & Principal Accounting Officer of Western Digital Corporation, disposed of 115 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting of securities.
- The shares were sold at a price of $78.12 per share.
- Following the transaction, Zamiska directly owns 29,726 shares of Western Digital common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as this is a routine transaction to cover tax obligations.
Industry Context
This is a routine transaction related to tax obligations from vesting equity. It is common for executives to sell shares to cover these obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/14/2024 | Date of transaction: Sale of 115 shares of common stock. |
| 06/17/2024 | Date of signature for the Form 4 filing. |
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