WESTERN DIGITAL CORP·4

Feb 19, 5:25 PM ET

Davis Brian Scott 4

Research Summary

AI-generated summary

Updated

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).