Western Digital Exec Disposes of Over $1.4M in Stock for Tax Obligations

Gubbi Vidyadhara K, the Chief of Global Operations at Western Digital, reported several transactions related to the vesting of equity awards. The most significant were two disposals to cover tax obligations (Code F). On August 25, 1,143 shares were sold at $450.75 per share (approx. $515K), and on August 26, another 2,056 shares were sold at $468.88 per share (approx. $964K). The total value of shares disposed for tax purposes was approximately $1.48 million. These 'sell-to-cover' transactions are common and non-discretionary, occurring automatically upon the vesting of securities. Concurrently, the executive received a grant of 5,171 Restricted Stock Units (RSUs) and acquired a small number of shares from the conversion of dividend equivalent rights. Following all transactions, the insider directly owns 84,116 shares of common stock.