Western Digital CFO Disposes of $2M in Stock for Tax Obligations
WESTERN DIGITAL CORP
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Filing Summary
📊 Insider Trading Alert: $WDC Insider: Sennesael Kris (Chief Financial Officer) Transaction: Disposition (Tax Withholding) of 4,317 shares of Common Stock. Value: ~$2.02M at $468.88/share. Date: 2026-08-26 Remaining Holdings: 173,709 shares.
Comprehensive Analysis
Insider Trading Analysis for Western Digital Corp (WDC)
On August 27, 2026, Kris Sennesael, the Chief Financial Officer of Western Digital, filed a Form 4 detailing several transactions related to his equity compensation.
Key Transactions:
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RSU Grant (Acquisition): On August 25, 2026, Sennesael was granted 8,274 Restricted Stock Units (RSUs), coded 'A'. This is a standard form of equity compensation representing a future right to receive shares.
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Tax Withholding (Disposition): The most significant transaction by value was a disposition of 4,317 shares on August 26, 2026. This was a non-discretionary 'sell-to-cover' transaction, coded 'F', where shares were automatically withheld by the company to satisfy tax obligations arising from the vesting of securities. The shares were valued at $468.88 each, for a total of approximately $2.02 million.
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Dividend Equivalent Rights (DERs): Sennesael also converted 19.88 dividend equivalent rights into 19 shares of common stock, a routine event tied to the vesting of underlying RSUs.
Summary:
The filing primarily reflects activity related to the insider's compensation plan. The disposition of over $2 million in stock was an automatic transaction to cover taxes and not an open-market sale, which is an important distinction for investors. Following all transactions, Sennesael's direct holdings amount to 173,709 shares of common stock.
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