Western Digital (WDC) Director Manuvir Das Receives Award (0.273 shares)

What Happened Manuvir Das, a director of Western Digital Corp (WDC), was granted 0.273 shares on 2026-09-17 as dividend-equivalent rights tied to previously awarded restricted stock units (RSUs). The transaction is reported as an award/acquisition (code A) at $0.00 per share (derivative instrument); the filing reports $0 value for the grant itself.

Key Details

• Transaction date: 2026-09-17; Filing date: 2026-09-21 (filed within the standard 2 business days following the transaction).
• Price: $0.00 per share (award/dividend equivalent), total cash paid reported as $0.
• Shares received: 0.273 (dividend-equivalent rights that will vest proportionately with the related RSUs).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The dividend-equivalent rights accrued on previously awarded RSUs and vest proportionately with those RSUs; each right is a contingent claim to one share of common stock or the cash value thereof (see footnote F1).

Context This was not a market purchase or sale but a compensation-related accrual: dividend-equivalent rights are commonly issued to replicate dividends on unvested RSUs and convert into shares or cash when the underlying RSUs vest. Such awards are routine director/employee compensation and do not, by themselves, indicate a buy/sell signal.