Tan Irving 4
4 · WESTERN DIGITAL CORP · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
Western Digital (WDC) CEO Tan Irving Sells 20,000 Shares
What Happened
- Tan Irving, CEO of Western Digital Corporation (WDC), sold 20,000 shares in multiple open-market transactions on May 1, 2026 for aggregate proceeds of approximately $8,236,864. The individual transactions reported were:
- 3,257 sh @ $406.52 = $1,324,037
- 512 sh @ $407.32 = $208,547
- 584 sh @ $408.23 = $238,408
- 546 sh @ $409.63 = $223,657
- 920 sh @ $410.76 = $377,898
- 680 sh @ $411.87 = $280,068
- 5,711 sh @ $413.12 = $2,359,341
- 7,355 sh @ $413.92 = $3,044,376
- 435 sh @ $415.02 = $180,532
- These were sales (dispositions), which are generally considered routine liquidity events rather than affirmative bullish signals.
Key Details
- Transaction date: May 1, 2026; Form 4 filed May 5, 2026.
- Aggregate shares sold: 20,000; aggregate proceeds: ~$8.24 million.
- Reported price ranges: individual lots had weighted-average ranges noted in the filing; the detailed per-price breakdowns are available on request to the issuer, shareholders, or the SEC (see filing footnotes).
- Footnote: Sales were effected pursuant to a Rule 10b5‑1 trading plan adopted by Mr. Irving on May 12, 2025 (F1).
- Shares owned after the transactions: not disclosed in the provided excerpt — see the full Form 4 for post-transaction holdings.
- Filing timing: Form 4 was submitted on May 5, 2026 covering May 1 trades (see filing for any timeliness notes).
Context
- Sales executed under a 10b5‑1 plan are pre-arranged and commonly used by insiders to sell shares without active timing decisions; they are viewed as routine but should be noted.
- For retail investors, purchases by insiders generally carry more direct signaling value than routine sales; this filing documents a planned liquidity event by the CEO rather than an acquisition.
Insider Transaction Report
Form 4
Tan Irving
DirectorChief Executive Officer
Transactions
- Sale
Common Stock
[F1][F2]2026-05-01$406.52/sh−3,257$1,324,037→ 614,893 total - Sale
Common Stock
[F1][F3]2026-05-01$407.32/sh−512$208,547→ 614,381 total - Sale
Common Stock
[F1][F4]2026-05-01$408.23/sh−584$238,408→ 613,797 total - Sale
Common Stock
[F1][F5]2026-05-01$409.63/sh−546$223,657→ 613,251 total - Sale
Common Stock
[F1][F6]2026-05-01$410.76/sh−920$377,898→ 612,331 total - Sale
Common Stock
[F1][F7]2026-05-01$411.87/sh−680$280,068→ 611,651 total - Sale
Common Stock
[F1][F8]2026-05-01$413.12/sh−5,711$2,359,341→ 605,940 total - Sale
Common Stock
[F1][F9]2026-05-01$413.92/sh−7,355$3,044,376→ 598,585 total - Sale
Common Stock
[F1][F10]2026-05-01$415.02/sh−435$180,532→ 598,150 total
Footnotes (10)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2025.
- [F10]Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $414.6700 to a high of $415.4200. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- [F2]Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $405.6950 to a high of $406.6800. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- [F3]Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $406.8100 to a high of $407.5300. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- [F4]Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $407.8150 to a high of $408.5900. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- [F5]Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $409.0000 to a high of $409.9900. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- [F6]Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $410.1600 to a high of $411.1500. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- [F7]Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $411.3750 to a high of $412.3500. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- [F8]Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $412.4800 to a high of $413.4750. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- [F9]Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $413.4800 to a high of $414.2000. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
Signature
By: /s/ Sandra Garcia Attorney-in-Fact For: Irving Tan|2026-05-05