Oulman Roxanne 4

What Happened
Roxanne Oulman, a director of Western Digital Corp. (WDC), received an award of 0.65 shares (derivative) on 2026-03-18. The transaction is reported as an award/grant (transaction code A) with an acquisition price of $0.00 and total reported value of $0. This represents dividend equivalent rights credited on previously awarded restricted stock units (RSUs), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-18; Form 4 filed 2026-03-19 (timely filing).
• Transaction type/code: Award/Grant (A); derivative security (dividend equivalent rights).
• Amount acquired: 0.65 shares at $0.00; reported total value: $0.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: The 0.65 units are dividend equivalent rights that vest proportionately with the related RSUs; each right represents a contingent right to one common share or its cash value (see footnote F1).

Context
Dividend-equivalent awards are non-cash credits tied to RSUs and typically convert to shares or cash when the underlying RSUs vest. This type of award is administrative/compensation-related and does not indicate an open-market purchase (a potential bullish signal) or a sale. No inference about the insider’s market view should be drawn from this routine compensation-related grant.