Das Manuvir 4

What Happened

• Manuvir Das, a director of Western Digital Corporation (WDC), was granted 0.163 shares as dividend equivalent rights tied to previously awarded restricted stock units (RSUs) on 2026-06-17. The Form 4 records the acquisition as 0.163 shares at $0.00 (derivative award); the filing shows $0 as the recorded value because these are contingent dividend equivalents rather than a cash purchase.

Key Details

• Transaction date: 2026-06-17; filing date: 2026-06-22 (filed 5 days after the transaction; Form 4s are normally due within 2 business days).
• Transaction type/code: A — Award/Grant (derivative dividend-equivalent rights on RSUs).
• Shares reported acquired: 0.163; price per share recorded: $0.00; aggregate reported value: $0.
• Shares owned after transaction: Not specified in the information provided in this summary.
• Footnote: Dividend equivalent rights accrue on previously awarded RSUs and vest proportionately with those RSUs; each right is a contingent claim to one share of common stock or the cash value thereof.

Context

• This was an award of dividend-equivalent rights tied to RSUs (a derivative award), not an open-market purchase or sale. Such grants are typically administrative/compensation-related and do not necessarily signal a change in the insider’s view of the company. The filing was submitted several days after the transaction, later than the usual 2-business-day Form 4 deadline.