WESTERN DIGITAL CORP·4

Feb 27, 4:57 PM ET

Davis Brian Scott 4

4 · WESTERN DIGITAL CORP · Filed Feb 27, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-02-25
Davis Brian Scott
Chief Sales & Mrktng Officer
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-25+6120,870 total
  • Tax Payment

    Common Stock

    [F2]
    2026-02-25$290.95/sh849$247,017120,021 total
  • Exercise/Conversion

    Dividend Equivalent Rights

    [F1]
    2026-02-256.562215.075 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

Documents

1 file
  • 4
    edgardoc.xmlPrimary

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