Sennesael Kris 4

What Happened

• Kris Sennesael, Chief Financial Officer of Western Digital Corp (WDC), received an award recorded on 2026-03-18 of 69.481 shares (transaction code A) at a reported price of $0.00. The filing treats this as a derivative acquisition (related to previously awarded restricted stock units), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-18; Form 4 filed: 2026-03-19 (appears timely).
• Transaction type/code: Grant/Award (A) of derivative shares; price reported $0.00.
• Shares acquired: 69.481 shares (derivative interest tied to RSUs).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnote: The award represents dividend equivalent rights that accrue on previously awarded RSUs and vest proportionately with those RSUs; each right is a contingent claim to one share or cash value.

Context

• This is an award of dividend-equivalent rights tied to existing RSUs — a non-cash grant that typically vests with the underlying RSUs and may convert to shares or cash when vested. Such grants are routine compensation-related transactions and are different from purchases (which can be interpreted as a direct bullish signal) or sales.