Cole Martin I 4
4 · WESTERN DIGITAL CORP · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
Western Digital (WDC) Director Cole Martin Receives Award
What Happened Cole Martin, a director of Western Digital Corporation (WDC), was credited with 0.786 shares on March 18, 2026 as an award/other acquisition. The filing reports a derivative award at $0.00 per share (total reported value $0). This was not an open-market purchase or sale but represents dividend-equivalent rights tied to previously granted restricted stock units (RSUs).
Key Details
- Transaction date: 2026-03-18; Filing date: 2026-03-19 (filed promptly).
- Transaction type/code: A (Award/Grant — derivative).
- Shares acquired: 0.786 shares; Price per share reported: $0.00; Total reported value: $0.
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnote: Dividend-equivalent rights accrued on previously awarded RSUs and vest proportionately with those RSUs. Each right represents a contingent claim to one share or an equivalent cash value.
- No indication of a 10b5-1 plan, cashless sale, gift, or tax-withholding disposition in the provided data.
Context This is a non-cash, derivative award tied to existing RSUs (dividend equivalents), not a market buy or sell. Such accruals are routine compensation adjustments and do not by themselves indicate the insider is buying or selling shares in the open market.
Insider Transaction Report
- Award
Dividend Equivalent Rights
[F1]2026-03-18+0.786→ 2.154 total→ Common Stock (0.786 underlying)
Footnotes (1)
- [F1]The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) which vest proportionately with the RSUs to which they relate. Each dividend equivalent right represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof.