STOCK TITAN

Western Digital (WDC) SVP awarded dividend equivalent rights grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Feller Brad reported acquisition or exercise transactions in this Form 4 filing.

Western Digital senior vice president and chief accounting officer Brad Feller received a grant of 4.065 dividend equivalent rights tied to previously awarded restricted stock units. Each right represents a contingent right to receive one share of common stock or its cash value, vesting in step with the related RSUs. Following this grant, he holds a total of 11.1408 dividend equivalent rights.

Positive

  • None.

Negative

  • None.
Insider Feller Brad
Role SVP & Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Dividend Equivalent Rights 4.065 $0.00 --
Holdings After Transaction: Dividend Equivalent Rights — 11.141 shares (Direct)
Footnotes (1)
  1. [object Object]
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Feller Brad

(Last)(First)(Middle)
C/O WESTERN DIGITAL CORPORATION
5601 GREAT OAKS PARKWAY

(Street)
SAN JOSE CALIFORNIA 95119

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WESTERN DIGITAL CORP [ WDC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP & Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Dividend Equivalent Rights(1)03/18/2026A4.065 (1) (1)Common Stock4.065$0.011.1408D
Explanation of Responses:
1. The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) which vest proportionately with the RSUs to which they relate. Each dividend equivalent right represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof.
By: /s/ Sandra Garcia Attorney-in-Fact For: Brad David Feller03/19/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Western Digital (WDC) report in Brad Feller’s latest Form 4?

Western Digital reported that SVP and chief accounting officer Brad Feller received 4.065 dividend equivalent rights. These are tied to earlier restricted stock units and increase his total dividend equivalent rights position to 11.1408 after the transaction.

What are dividend equivalent rights in Western Digital’s Form 4 for WDC?

Dividend equivalent rights give the holder a contingent right to receive one share of Western Digital common stock, or its cash value. In this filing, they accrued on previously granted RSUs and will vest proportionately with those underlying RSUs over time.

How many dividend equivalent rights does Brad Feller hold after this WDC filing?

After this grant, Brad Feller holds 11.1408 dividend equivalent rights. The filing shows he was awarded 4.065 new rights, which are linked to existing RSUs and will vest on the same schedule as those underlying restricted stock units.

Is Brad Feller’s Form 4 transaction a purchase or a grant for Western Digital (WDC)?

The transaction is a grant, not a market purchase. The Form 4 classifies it as a grant or award acquisition of dividend equivalent rights that accrued automatically on previously awarded RSUs rather than an open-market buy or sell of Western Digital stock.

How do the dividend equivalent rights in this Western Digital Form 4 vest?

The dividend equivalent rights vest proportionately with the restricted stock units to which they relate. As each portion of the original RSUs vests, a corresponding portion of these rights converts into either Western Digital common shares or an equivalent cash payment.