Western Digital (WDC) Director Roxanne Oulman Receives Award

What Happened
Roxanne Oulman, a director of Western Digital Corporation (WDC), was credited with 0.562 derivative shares on 2026-09-17 as an award of dividend equivalent rights tied to previously granted restricted stock units (RSUs). The Form 4 reports the acquisition at $0.00, so no cash was paid and the reported transaction value is $0.

Key Details

• Transaction date: 2026-09-17; reported on Form 4 filed 2026-09-21 (appears timely).
• Transaction type: Award/acquisition of derivative dividend-equivalent rights (Code A).
• Shares reported acquired: 0.562 (price reported $0.00; total reported value $0).
• Shares owned after transaction: not specified in the filing.
• Footnote: The dividend equivalent rights accrue on existing RSUs and vest proportionately; each right represents a contingent entitlement to one share or its cash value when paid (see footnote F1).
• No 10b5-1, exercise, sale, or tax-withholding noted in this filing.

Context
This was not an open-market purchase or sale but crediting of dividend-equivalent rights tied to RSUs. Such dividend equivalents are routine compensation-related adjustments and do not necessarily signal a change in the insider’s view of the company.