Western Digital Director Stephanie Streeter Accrues Dividend Equivalent Rights
WESTERN DIGITAL CORP
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Filing Summary
### Form 4 Filing: Western Digital Corp (WDC)
**Insider:** Stephanie A. Streeter (Director)
**Type:** Acquisition (Award / Accrual)
**Security:** Dividend Equivalent Rights
**Shares:** 0.5617 @ $0.00
**Total Value:** $0.00
**Post-Transaction Holdings:** 2.6783 rights
**Date:** 2026-09-17
**Significance:** Low (Routine Dividend Accrual on RSUs)
Comprehensive Analysis
Executive Summary
On September 21, 2026, Western Digital Corp (NASDAQ: WDC) director Stephanie A. Streeter filed a Form 4 reporting the accrual of 0.5617 dividend equivalent rights on September 17, 2026. This transaction carries minimal market significance as it represents an automatic dividend accrual on existing restricted stock units (RSUs).
Transaction Breakdown
- Security: Dividend Equivalent Rights
- Transaction Code: A (Grant, award, or other acquisition)
- Shares Acquired: 0.5617
- Price per Share: $0.00
- Total Consideration: $0.00
- Post-Transaction Holdings: 2.6783 dividend equivalent rights held directly
Context & Significance
According to the filing footnote, these dividend equivalent rights accrued on previously awarded RSUs and vest proportionately with the underlying RSUs. Each right represents a contingent right to receive one share of common stock or cash value upon vesting. Given that this is an automatic, non-discretionary accrual resulting from dividend declarations, it does not signal insider sentiment or strategic positioning.
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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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