Davis Brian Scott 4
Research Summary
AI-generated summary
Western Digital (WDC) Chief Sales & Marketing Officer Davis Sells Shares
What Happened
- Davis Brian Scott, Western Digital's Chief Sales & Marketing Officer, sold a total of 10,000 WDC shares in open‑market transactions on February 17, 2026, generating approximately $2,791,603 in proceeds. The sales were executed in multiple trades with prices in the roughly $272.33–$285.35 range (weighted average ≈ $279.16 per share).
- These transactions are reported as sales (code S) and were carried out pursuant to a pre-arranged Rule 10b5‑1 trading plan adopted by the reporting person on November 3, 2025 — typically indicating the trades were scheduled in advance rather than timed opportunistically.
Key Details
- Transaction date: February 17, 2026 (Filed on Feb 19, 2026 — appears timely).
- Shares sold: 10,000 total across multiple trades.
- Proceeds: ~$2,791,603 total; weighted average price ≈ $279.16/share.
- Price range reported across lots: approximately $272.33 to $285.35 (per footnotes showing weighted averages and price ranges for sub‑lots).
- Shares owned after transaction: Not specified in the excerpt provided — see the full Form 4 for post‑transaction holdings.
- Notable footnotes: F1 confirms the trades were made under a Rule 10b5‑1 plan (adopted Nov 3, 2025). Footnotes F2–F13 detail weighted average prices and the per‑lot price ranges and offer to provide per‑price breakdowns on request.
- Transaction code: S = Sale.
Context
- Sales conducted under a 10b5‑1 plan are pre‑arranged and generally considered routine; they do not necessarily indicate the insider’s current view on the company’s prospects. For retail investors, purchases often carry more direct signaling value than scheduled sales.
- This summary is factual and does not speculate on motives. For full details (exact post‑trade holdings and the per‑trade price breakdown), consult the complete Form 4 filing (Accession No. 0001266824-26-000013).