KIDDOO BRUCE E 4

What Happened Bruce E. Kiddoo, a director of Western Digital Corp. (WDC), was granted/acquired 0.334 shares on 2026-06-17 as dividend equivalent rights related to previously awarded restricted stock units (RSUs). The reported acquisition price is $0.00 and the instrument is a derivative (dividend-equivalent right tied to RSUs), not an open-market purchase or sale.

Key Details

• Transaction date and type: 2026-06-17 — Award/Acquisition (code A) of 0.334 shares; price reported $0.00.
• Instrument: Dividend equivalent rights that vest proportionately with underlying RSUs (each right represents a contingent claim to one share or cash value).
• Shares owned after transaction: not disclosed in the filing.
• Filing timeliness: Report filed 2026-06-22 (5 days after the transaction), which is later than the typical 2-business-day Form 4 requirement — noted as late.

Context

• This was an earned/compensation-related award (dividend equivalents on RSUs), not a purchase or sale — such awards are routine compensation and don’t by themselves indicate insider buying/selling intent.
• Because the award is a contingent/derivative right, payout may be in shares or cash when it vests per the RSU terms.
• The late filing reduces near-term transparency for investors; late Form 4s can be administrative oversights but are important to monitor.