WESTERN DIGITAL CORP·4

Mar 19, 6:41 PM ET

Cole Martin I 4

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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.