Western Digital (WDC) Director Cole Martin Sells 3,808 Shares
$WDC · WESTERN DIGITAL CORPResearch Summary
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Western Digital (WDC) Director Cole Martin Sells 3,808 Shares
What Happened
Cole Martin, a director of Western Digital Corporation (WDC), sold a total of 3,808 shares in multiple open‑market transactions on July 28, 2026, generating aggregate proceeds of approximately $1,708,505. Individual lots traded at prices from about $424.05 up to $461.23 per share (multiple executions at various prices are reported).
Key Details
- Transaction date: July 28, 2026 (reported on Form 4 filed July 29, 2026).
- Total shares sold: 3,808; total proceeds: ≈ $1,708,505.
- Price range observed in the reported transactions: roughly $424.05 – $461.23 per share (multiple lots executed at different prices; weighted‑average price groupings are footnoted in the filing).
- Footnotes: F1 states the sales were made pursuant to a Rule 10b5‑1 trading plan adopted March 5, 2026. Additional footnotes (F2–F31) provide weighted‑average price ranges for grouped trades and offer to provide detailed per‑price breakdowns on request.
- Shares owned after the transactions: not disclosed in the provided excerpt of the filing.
- Filing timeliness: filed the next day (timely); no late‑filing indication.
Context
Sales under a Rule 10b5‑1 plan are pre‑arranged trades and are commonly used by insiders to sell stock on a set schedule; they are generally considered routine and do not, by themselves, indicate a change in the insider’s view of the company. This report documents a disposal (S = Sale) of company shares rather than a purchase, grant, or option exercise.