Davis Brian Scott 4
4 · WESTERN DIGITAL CORP · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
WDC Chief Sales & Marketing Officer Davis Brian Scott Withholds 849 Shares
What Happened
- Davis Brian Scott, Western Digital’s Chief Sales & Marketing Officer, had restricted‑stock/derivative awards convert on Feb 25, 2026 and 849 shares were withheld to cover tax obligations. The withholding was at $290.95 per share for a cash value of $247,017. The filing also reports small derivative conversions/exercises of 6.000 and 6.562 shares (priced at $0.00 on the form).
Key Details
- Transaction dates: activity reported for 2026-02-25; Form 4 filed 2026-02-27 (timely).
- Withheld shares: 849 shares disposed at $290.95 each for $247,017 (tax withholding under Rule 16b-3(e) — Footnote F2).
- Derivative entries: two exercise/conversion (code M) lines for 6.000 shares (acquired at $0.00) and 6.562 shares (disposed at $0.00); these relate to dividend equivalent rights/RSU vesting (Footnote F1).
- Footnotes: F1 — dividend equivalent rights were converted one‑for‑one into common shares on RSU vesting; fractional dividend equivalent paid in cash. F2 — securities withheld to satisfy tax withholding at vesting.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
Context
- This was primarily a routine tax‑withholding event tied to RSU/award vesting, not an open‑market sale intended as a market signal. The derivative lines reflect conversion/exercise related to award vesting (cashless conversion/settlement). Routine withholding for taxes is common and usually not interpreted as insider buying or selling for investment reasons.
Insider Transaction Report
Form 4
Davis Brian Scott
Chief Sales & Mrktng Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-25+6→ 120,870 total - Tax Payment
Common Stock
[F2]2026-02-25$290.95/sh−849$247,017→ 120,021 total - Exercise/Conversion
Dividend Equivalent Rights
[F1]2026-02-25−6.562→ 215.075 total→ Common Stock (6.562 underlying)
Footnotes (2)
- [F1]The dividend equivalent rights were converted into, and paid in the form of, shares of the Issuer's common stock on a one-for-one basis in connection with the vesting of restricted stock units to which the dividend equivalent rights relate. A cash amount was also paid to the holder to settle a fractional dividend equivalent right.
- [F2]Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
Signature
By: /s/ Sandra Garcia Attorney-in-Fact For: Brian Scott Davis|2026-02-27