November 19, 2025 · Form 4 insider transaction
STREETER STEPHANIE A bought 16 shares of Western Digital Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 2 days after the transaction.
The dividend equivalent rights were converted into, and paid in the form of, shares of the Issuer's common stock on a one-for-one basis in connection with the vesting of restricted stock units to which the dividend equivalent rights relate. A cash amount was also paid to the holder to settle a fractional dividend equivalent right.; Includes change in form of beneficial ownership of shares of Issuer's common stock in connection with the Reporting Person's contribution of shares owned outright to the Reporting Person's Family Trust Account and the vesting of the Reporting Person's restricted stock unit award. With respect to the vested restricted stock unit award, the underlying shares were issued directly to the Reporting Person's Family Trust account. Additionally includes 1,984 additional stock units acquired by the Reporting Person in connection with the Issuer's spin-off (the "Spin-Off") of a then-wholly owned subsidiary of the Issuer on February 21, 2025. Pursuant to an Employee Matters Agreement, at the effective time of the Spin-Off, each outstanding Issuer stock unit was adjusted and converted into additional stock units based on the equity conversion ratio of 1.452526 per every Issuer stock unit.