WESTERN DIGITAL CORP·4

Mar 19, 6:41 PM ET

Davis Brian Scott 4

Research Summary

AI-generated summary

Updated

WDC Chief Sales & Marketing Officer Brian Davis Receives Award (26.163 shares)

What Happened

  • Brian Scott Davis, Western Digital Corp.'s Chief Sales & Marketing Officer, was granted 26.163 derivative shares on 2026-03-18 as an award (transaction code A). The award price listed is $0.00, so the immediate reported value is $0. These are derivative/dividend-equivalent rights tied to previously awarded RSUs, not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-03-18; Filing date: 2026-03-19.
  • Grant: 26.163 dividend-equivalent rights; reported price $0.00; reported value $0.
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnote: The award represents dividend equivalent rights that accrue on previously granted RSUs and vest proportionately with those RSUs; each right entitles the holder to one share or cash value upon vesting (see F1).
  • Timeliness: Filing was submitted the next day and does not appear to be late.

Context

  • These are derivative/dividend-equivalent rights associated with RSUs — they will convert to common stock or cash when the related RSUs vest. This is a routine equity compensation event for insiders and does not represent an open-market buy or sell.