Western Digital (WDC) Director Kimberly Alexy Receives Award

What Happened
Kimberly Alexy, a director of Western Digital Corp. (WDC), was granted 0.562 derivative shares on September 17, 2026. The award is recorded as 0.562 shares at $0.00 (total $0) and represents dividend-equivalent rights tied to previously granted restricted stock units (RSUs). This is an award (not a purchase or sale) and is typically a routine accrual of dividend equivalents.

Key Details

• Transaction date: 2026-09-17; Form 4 filed 2026-09-21 (timely filing).
• Transaction type: Award/Grant of dividend-equivalent rights (derivative).
• Amount: 0.562 shares @ $0.00; reported value $0.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: Dividend equivalent rights accrued on existing RSUs and vest proportionately with those RSUs; each right corresponds to a contingent claim to one share (or cash equivalent).

Context
Dividend-equivalent awards are common and represent accrued dividends on outstanding RSUs; they typically vest with the underlying RSUs and do not by themselves indicate a buy or sell signal. This small, zero-cost derivative award is administrative in nature rather than an active market trade.