Western Digital CLO granted 27 dividend rights
Western Digital's Chief Legal Officer, Cynthia L. Tregillis, received an award of 27.38 Dividend Equivalent Rights on September 17, 2026, linked to previously granted restricted stock units. She now holds 297.8619 Dividend Equivalent Rights, which represent a contingent right to receive one share of Western Digital common stock or its cash value, vesting proportionately with the underlying restricted stock units.
How this was made
The 30-second read
Why it matters
The award is a routine compensation event with no immediate market impact.
Market read
Limited to Western Digital; unlikely to influence broader market sentiment.
What to watch
Potential future dilution if many similar awards are granted, but current impact remains minimal.
Background
Form 4 filings disclose insider transactions; this award adds dividend equivalent rights linked to existing RSUs.
Ticker impact
Chief Legal Officer Cynthia L. Tregillis was granted 27.38 dividend equivalent rights tied to her RSUs, increasing her holdings to 297.86 rights.
minimal; no material change to share supply or demand.
Form 4 filings of small equity awards are standard and rarely move the stock.
Market effects
None; the award is specific to Western Digital and does not affect the broader storage hardware sector.
None; limited to the company.
None; no macro or global implications.
Counterpoint
Even small insider grants can signal confidence from senior management, but the size is too trivial to affect valuation.
Key entities
- CompanyWestern Digital Corp
Issuer of the Form 4 filing.
- ExecutiveCynthia L. Tregillis
Chief Legal Officer & Corporate Secretary receiving the award.




