Western Digital Officer Reports Tax Withholding Incident to RSU Vesting
WESTERN DIGITAL CORP
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Filing Summary
{
"title": "Western Digital Corp ($WDC) Form 4: Brian Scott Davis (Chief Sales & Mrktng Officer)",
"color": 3447003,
"fields": [
{"name": "Transaction Type", "value": "Tax Withholding (Code F)", "inline": true},
{"name": "Shares Disposed", "value": "963.034", "inline": true},
{"name": "Price per Share", "value": "$441.36", "inline": true},
{"name": "Total Transaction Value", "value": "$425,044.71", "inline": true},
{"name": "Shares Held Post-Transaction", "value": "99,491.352", "inline": true},
{"name": "Significance", "value": "Low (Routine Tax Withholding / DER Vesting)", "inline": true}
]
}
Comprehensive Analysis
Executive Summary
On September 21, 2026, Western Digital Corp ($WDC) filed a Form 4 on behalf of Brian Scott Davis, the company's Chief Sales & Marketing Officer. The filing details non-discretionary equity transactions that occurred between September 17 and September 20, 2026:
- Derivative Rights Accrual & Conversion: On September 17, 2026, 16.8107 dividend equivalent rights (DERs) were acquired at $0.00. Subsequently, on September 20, 2026, 8.386 DERs were settled into 8.386 shares of Common Stock upon the vesting of underlying restricted stock units.
- Tax Withholding (Code F): On September 20, 2026, 963.034 shares of Common Stock were withheld by the issuer at $441.36 per share ($425,044.71 total value) to satisfy tax withholding obligations incident to vesting.
Following these transactions, Brian Scott Davis beneficially owns 99,491.352 shares of common stock directly, alongside 165.6831 remaining dividend equivalent rights.
Trading Significance
The trading significance of this filing is classified as Low. The disposition of shares was entirely routine and non-discretionary, executed strictly to cover tax obligations via standard share withholding (Rule 16b-3(e)). No open-market purchases or sales were reported.
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