Davis Brian Scott 4

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.