WDC Director Stephanie Streeter Receives Award

What Happened

• Stephanie A. Streeter, a director of Western Digital Corp (WDC), was granted 0.562 dividend-equivalent rights tied to previously awarded restricted stock units (RSUs) on 2026-09-17. The Form 4 reports the award as a derivative acquisition at $0.00 (reported value $0), though each dividend equivalent represents a contingent right to one share or its cash value when paid.

Key Details

• Transaction date: 2026-09-17; Form 4 filed: 2026-09-21 (filed within the SEC two-business-day window).
• Security/Type: Dividend-equivalent rights tied to RSUs (derivative); transaction code A = Award/Grant.
• Amount: 0.562 dividend-equivalent rights; reported acquisition price $0.00.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: Dividend equivalents accrue on previously awarded RSUs and vest proportionately with those RSUs; each right represents a contingent claim to one share or cash.

Context

• This is an award of dividend-equivalent rights (not an open-market purchase or sale) and is typically a routine compensation-related issuance tied to existing RSUs. Such grants generally reflect compensation mechanics rather than a direct buy/sell signal by the insider.