Western Digital Chief of Global Operations Accrues Dividend Equivalent Rights
WESTERN DIGITAL CORP
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Filing Summary
Form 4 Alert: WESTERN DIGITAL CORP ($WDC) Insider: Gubbi Vidyadhara K (Chief of Global Operations) Transaction: Acquisition of 21.02 Dividend Equivalent Rights at $0.00 Total Value: $0.00 Significance: Low (Routine Dividend Equivalent Accrual on RSUs)
Comprehensive Analysis
Insider Filing Analysis: Western Digital Corp ($WDC)
Executive Summary
On September 17, 2026, Gubbi Vidyadhara K, Chief of Global Operations at Western Digital Corp, acquired 21.0234 Dividend Equivalent Rights (DERs) at $0.00 per share. Following the transaction, the insider holds 215.1478 DERs directly.
Transaction Breakdown
- Security: Dividend Equivalent Rights (convertible into Common Stock)
- Transaction Code:
A(Grant, award, or other acquisition) - Shares/Units: 21.0234
- Price per Unit: $0.00
- Total Consideration: $0.00
- Post-Transaction Beneficial Ownership: 215.1478 units
Context & Significance
This transaction reflects a standard accrual of dividend equivalent rights associated with previously granted restricted stock units (RSUs). As noted in the filing, these rights vest proportionately with their underlying RSUs and each represents a contingent right to receive one share of common stock or its cash value. Because this is an automated accrual resulting from dividend distribution on unvested equity rather than a discretionary open-market purchase or sale, it carries Low informational significance for market direction.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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