Davis Brian Scott 4

What Happened
Brian Scott Davis, Western Digital’s Chief Sales & Marketing Officer, had restricted equity and dividend-equivalent rights convert into shares and then had 961 shares withheld/surrendered to cover tax obligations. The withholding was recorded as a disposition of 961 shares at $293.10 each, totaling $281,669. The filing also shows small conversions/exercises of derivative/award units (about 14.287 shares total, with a fractional share settled in cash) at $0.00.

Key Details

• Transaction date: 2026-03-20 (Form 4 filed 2026-03-24). Filing was submitted four days after the transaction (may be later than the usual 2-business-day Form 4 deadline).
• Main disposition: 961 shares withheld/disposed at $293.10 each = $281,669 (code F — tax withholding).
• Other entries: conversions/exercises of derivative/award units (codes M) for ~14.287 shares at $0.00; a fractional dividend-equivalent was settled in cash.
• Shares owned after the transactions: not specified in the provided filing summary.
• Footnotes: F1 — dividend equivalents converted one-for-one into common stock tied to RSU vesting; fractional dividend equivalent paid in cash. F2 — tax obligation satisfied by withholding securities under Rule 16b-3(e).

Context
This appears to be routine share withholding to cover taxes on vesting awards (not an open-market sale for investment reasons). The $281.7k disposition reflects tax withholding, while the zero-dollar entries reflect issuance/conversion of awards rather than a cash purchase.