Western Digital Director Manuvir Das Accrues Fractional Dividend Equivalent Rights
WESTERN DIGITAL CORP
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Filing Summary
Western Digital Corp ($WDC) Form 4 Filing Update
Insider: Manuvir Das (Director) Transaction Date: September 17, 2026 Security: Dividend Equivalent Rights Action: Acquisition (Code A) Amount: 0.2732 units @ $0.00 Post-Transaction Holdings: 0.4358 units Significance: Low (Routine accrual on existing RSUs)
Comprehensive Analysis
Transaction Summary
On September 17, 2026, Western Digital Corp ($WDC) Director Manuvir Das acquired 0.2732 Dividend Equivalent Rights at an exercise/acquisition price of $0.00. Following this transaction, Das directly holds 0.4358 dividend equivalent rights.
Footnote Insights
- Accrual on RSUs: The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs).
- Vesting Terms: These rights vest proportionately with the RSUs to which they relate.
- Settlement: Each dividend equivalent right represents a contingent right to receive one share of common stock or the cash value thereof.
Market and Trading Assessment
This filing reflects a routine administrative dividend reinvestment/accrual mechanism linked to unvested director equity awards. It does not represent open-market buying or selling and carries Low trading significance for investors.
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