Western Digital chief legal officer sells $306,660 in shares

Cynthia L. Tregillis, Chief Legal Officer and Corporate Secretary at Western Digital Corp. (NASDAQ:WDC), sold 807 shares of common stock on October 21, 2026, for a total value of $306,660. The shares were sold at a price of $380.00 each. This sale was executed pursuant to a Rule 10b5-1 trading plan, which Ms. Tregillis adopted on March 6, 2026. The sale comes as WDC stock currently trades at $354.19, down from the transaction price, though the stock has delivered a remarkable 195% return over the past year.

Separately, on October 20, 2026, Ms. Tregillis disposed of 1,309.713 shares of Western Digital common stock at a price of $364.32 per share, totaling $477,154. This transaction was related to the payment of tax obligations by withholding securities incident to the vesting of other securities.

Also on October 20, 2026, Ms. Tregillis acquired 14.37 shares of common stock. These shares were a result of dividend equivalent rights converting into common stock on a one-for-one basis in connection with the vesting of restricted stock units. Additionally, 14.3704 dividend equivalent rights were acquired on the same date, which subsequently converted into common stock. A small cash amount was also paid to settle a fractional dividend equivalent right. According to InvestingPro analysis, Western Digital appears undervalued at current levels, with 15 additional ProTips available to subscribers.

In other recent news, Western Digital reported fiscal first-quarter 2027 results that surpassed expectations. The company achieved adjusted earnings of $4.64 per share and revenue of $4.38 billion, both exceeding Wall Street estimates. Earnings per share surpassed forecasts by 13.73%, while revenue was 5.8% higher than anticipated. Despite these positive results, the stock experienced a significant decline, indicating investor concerns about future prospects. The earnings report highlights Western Digital’s ability to outperform analyst predictions in the latest quarter. These developments come amid a competitive landscape in the technology sector. Investors will be closely watching how Western Digital navigates the upcoming quarters.