Kimberly Alexy - 01 Mar 2024 Form 4 Insider Report for WESTERN DIGITAL CORP (WDC)

Role
Director
Signature
By: /s/ Sandra Garcia Attorney-in-Fact For: Kimberly Alexy
Issuer symbol
WDC
Transactions as of
01 Mar 2024
Net transactions value
-$188,250
Form type
4
Filing time
05 Mar 2024, 17:02:19 UTC
Previous filing
16 Nov 2023
Next filing
02 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WDC Common Stock Sale $91,500 -1,500 -5.7% $61.00 24,657 01 Mar 2024 By Family Trust F1, F2
transaction WDC Common Stock Sale $96,750 -1,500 -6.1% $64.50 23,157 01 Mar 2024 By Family Trust F1, F2
holding WDC Common Stock 5,213 01 Mar 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 24, 2023.
F2 Reflects a prior transfer by the Reporting Person of directly owned common shares to a trust for the benefit of the Reporting Person and the spouse of the Reporting Person, of which the Reporting Person and the spouse of the Reporting Person are also trustees.