Western Digital CFO granted 46.5 dividend rights
Western Digital's CFO, Kris Sennesael, received 46.5075 Dividend Equivalent Rights on September 17, 2026, tied to existing restricted stock units. These rights represent a contingent right to receive one share of common stock or its cash value. After the grant, he holds 490.8297 Dividend Equivalent Rights directly, according to a Form 4 filing.
How this was made
The 30-second read
Why it matters
The grant is a routine compensation event with no immediate financial impact.
Market read
Low relevance; the filing is a minor insider compensation update.
What to watch
Potential future vesting of the rights could increase CFO's stake if the stock rises.
Background
Western Digital disclosed a Form 4 insider transaction granting dividend equivalent rights to its CFO.
Ticker impact
Form 4 filing shows CFO Kris Sennesael received 46.5 dividend equivalent rights tied to his RSUs.
no material impact
The grant is a routine compensation adjustment, valued at $0 and represents a negligible ownership change.
Market effects
none
none
none
Counterpoint
Even small insider grants can signal confidence; however, the size is too trivial to act on.
Key entities
- companyWestern Digital Corp
US‑listed data storage company (ticker WDC).
- personKris Sennesael
Chief Financial Officer of Western Digital.




