Feller Brad 4

What Happened Brad Feller, Senior Vice President & Chief Accounting Officer of Western Digital (WDC), was granted 2.089 shares on 2026-06-17 as a derivative award (transaction code A). The shares were recorded at $0.00 per share (total reported value $0) and represent dividend-equivalent rights tied to previously awarded restricted stock units (RSUs), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-17; Form 4 filed: 2026-06-22 (filed after the typical two-business-day window — filing timeliness: L).
• Shares granted: 2.089; price per share reported: $0.00; total reported value: $0.
• Shares owned following the transaction: not specified in the provided filing.
• Footnote: "The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) which vest proportionately with the RSUs to which they relate. Each dividend equivalent right represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof."
• Transaction type: Award/grant of derivative rights (not a purchase or sale).

Context Dividend-equivalent awards are routinely issued alongside RSUs and vest according to the underlying RSU schedule; they confer a contingent right to receive shares or cash and do not necessarily signal insider buying or selling activity. This was not an option exercise, open-market transaction, or gift—it's an accrued award tied to existing RSUs.