Western Digital CLO Cynthia Tregillis Sells 432 Shares Under 10b5-1 Plan
WESTERN DIGITAL CORP
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Filing Summary
Form 4 Alert: Western Digital Corp ($WDC) Insider: Cynthia L. Tregillis (Chief Legal Officer & Corp Sec) Transaction: Open Market Sale (10b5-1 Plan) Shares Sold: 432 @ $451.20 Total Value: $194,918.40 Shares Remaining: 111,030 Significance: Low (Pre-planned Rule 10b5-1 sale & routine tax withholding)
Comprehensive Analysis
Insider Transaction Overview
On September 4, 2026, Cynthia L. Tregillis, Chief Legal Officer and Corporate Secretary of Western Digital Corp ($WDC), executed an open-market sale of 432 shares of Common Stock at an average price of $451.20 per share, generating total gross proceeds of approximately $194,918.40.
Key Transaction Details
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Derivative Settlement & Tax Withholding (Sept 3, 2026):
- Converted 7.0583 Dividend Equivalent Rights into 7 shares of Common Stock (Code M).
- Surrendered 700 shares at $441.57 per share ($309,099 total) to satisfy tax withholding obligations incident to RSU vesting (Code F).
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Open Market Sale (Sept 4, 2026):
- Sold 432 shares at $451.20 per share (Code S).
- The sale was executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on March 6, 2026.
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Post-Transaction Holdings:
- Direct ownership following these transactions stands at 111,030 shares of common stock.
Significance
This filing represents low trading significance as the open-market sale accounts for less than 0.5% of the insider's total equity holdings and was conducted automatically under a Rule 10b5-1 trading plan established six months prior.
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