DOLUCA TUNC 4

What Happened

• DOLUCA TUNC, a director of Western Digital Corp (WDC), was credited with 0.334 shares as a dividend-equivalent award on 2026-06-17. The award is reported as an acquisition (A) at $0.00 per share, so the immediate reported value is $0. This is a derivative award tied to previously granted restricted stock units (RSUs), not a cash purchase or open-market trade.

Key Details

• Transaction date: 2026-06-17; Filing date (Form 4): 2026-06-22.
• Transaction: Award/acquisition of 0.334 shares @ $0.00 (derivative dividend-equivalent rights).
• Shares owned after transaction: not specified in the filing.
• Footnote: The dividend-equivalent rights accrued on previously awarded RSUs and vest proportionately with those RSUs; each right represents a contingent right to receive one share or the cash value thereof.
• Timeliness: The Form 4 was filed five days after the transaction (outside the usual two-business-day filing window), indicating a late filing.

Context

• This was an award of dividend-equivalent rights that track RSUs and do not represent an immediate cash purchase or sale. Such awards are common compensation mechanics for insiders and are not direct bullish/bearish trades. For retail investors, purchases are typically more informative than routine awards or dividend equivalents.