SEC EDGAR · Sep 21, 10:36 PM UTC
WDC officer Tregillis reports 27.38 dividend equivalent rights from vested RSUs
Historical operation · Retained
“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.”
Quoted source · 12 source segments
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Model assessment
Form 4 for Western Digital (WDC) reports that reporting owner Cynthia L. Tregillis, Chief Legal Officer & Corp Sec, acquired 27.38 Dividend Equivalent Rights on 2026-09-17 at $0.00 per share under transaction code A, with 297.8619 derivative shares owned following the transaction. The footnote states these rights accrued on previously awarded RSUs and vest proportionately with the underlying RSUs, each representing a contingent right to one share of common stock or its cash value. This is a routine equity-award accrual, not a discretionary open-market purchase or sale, and it carries no material directional catalyst for the issuer.
12 exact filing citations