Gubbi Vidyadhara K 4
4 · WESTERN DIGITAL CORP · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
WESTERN DIGITAL (WDC) — Gubbi Vidyadhara K Exercises, Withholds Shares
What Happened
Gubbi Vidyadhara K, Chief of Global Operations at Western Digital (WDC), converted/exercised small derivative/award amounts and had 1,010 shares withheld to cover tax obligations. The filing shows: conversion/exercise transactions for 7 and 7.724 shares at $0.00, and a tax-withholding disposition of 1,010 shares at $290.95 each (total value reported $293,860). These actions relate to vesting/settlement of awards rather than an open-market sale.
Key Details
- Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (appears timely).
- Reported transactions:
- Exercise/conversion (M): 7 shares acquired @ $0.00 (value $0).
- Exercise/conversion (M): 7.724 shares disposed @ $0.00 (derivative).
- Tax withholding (F): 1,010 shares disposed @ $290.95 = $293,860 (to satisfy tax obligation).
- Shares owned after the transaction: not specified in the provided filing summary.
- Footnotes:
- F1: Dividend equivalent rights were converted into shares on a one-for-one basis in connection with RSU vesting; a cash payment settled any fractional dividend equivalent.
- F2: The 1,010-share disposition reflects withholding of securities to pay taxes upon vesting, per Rule 16b-3(e).
Context
This was not an open-market sale; the large disposition is routine tax withholding tied to vesting/settlement of awards. For retail investors, such withholding actions are common and do not necessarily signal a change in the insider's view of the company.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-25+7→ 125,959 total - Tax Payment
Common Stock
[F2]2026-02-25$290.95/sh−1,010$293,860→ 124,949 total - Exercise/Conversion
Dividend Equivalent Rights
[F1]2026-02-25−7.724→ 302.652 total→ Common Stock (7.724 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).