Western Digital Officer Withholds Shares for Tax Obligations
WESTERN DIGITAL CORP
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Filing Summary
Western Digital Corp ($WDC) Form 4 Filing Update Insider: Brian Scott Davis (Chief Sales & Mrktng Officer) Transaction Date: September 3, 2026 Transaction Details: Disposed of 882 shares at $441.57 per share ($389,464.74 total) via tax withholding (Code F) upon RSU/DER vesting. Also acquired 7 shares via conversion of dividend equivalent rights. Post-Transaction Ownership: 100,446 direct shares Significance: Low (Routine Tax Withholding)
Comprehensive Analysis
Insider Transaction Overview
On September 3, 2026, Brian Scott Davis, Chief Sales & Marketing Officer of Western Digital Corp ($WDC), reported equity transactions associated with the vesting of equity awards:
- Tax Withholding (Code F): Disposed of 882 shares of Common Stock at $441.57 per share (totaling ~$389,465) to cover tax withholding obligations arising from equity vesting.
- Derivative Conversion (Code M): Converted 7.0583 Dividend Equivalent Rights into 7 shares of Common Stock at $0.00.
Following these transactions, Davis directly holds 100,446 shares of Western Digital Corp Common Stock.
Market & Strategic Context
- Routine Nature: Transactions coded as 'F' represent mandatory or elective share withholding to satisfy tax obligations upon the vesting of restricted stock units (RSUs) and associated dividend equivalent rights.
- Trading Significance: Low. This does not represent discretionary open-market buying or selling and indicates standard executive compensation vesting mechanics.
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