Western Digital (WDC) Director Massengill Receives Award of 10.265 Shares

What Happened
Matthew E. Massengill, a director of Western Digital Corp. (WDC), was granted 10.265 derivative shares on September 17, 2026. The filing lists the acquisition price as $0.00 (value $0) — these are dividend equivalent rights tied to previously awarded restricted stock units (RSUs), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-09-17; Report filed: 2026-09-21 (timely within the Form 4 reporting window).
• Transaction type: A = Award/Grant (derivative). Shares acquired: 10.265 at $0.00 (no cash outlay).
• Shares owned after transaction: Not disclosed in the provided summary.
• Footnote: Dividend equivalent rights accrued on previously awarded RSUs and vest proportionately with those RSUs. Each right represents a contingent claim to one share of common stock or its cash value when payable.
• No indication of a 10b5-1 plan, tax withholding, sale, or other disposition in this entry.

Context
This transaction reflects issuance of dividend equivalent rights related to RSUs — a routine corporate compensation action — rather than a purchase or sale that signals immediate trading intent. Dividend equivalents typically convert to shares (or cash) when the underlying RSUs vest; they do not represent an immediate cash investment by the insider.