Reading WDC? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track WDC free→Reading WDC? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track WDC free→QuarterlyIQ Insights · WDC
Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Unregistered Sales of Equity Securities. As previously reported on a Current Report on Form 8-K filed on June 3, 2026 (the “Original Form 8-K”), Western Digital Corporation (the “Company”) entered into separate, privately negotiated exchange agreements with certain holders of its 3.00% Convertible Senior Notes due 2028 (the “Notes”), pursuant to which such holders have agreed to exchange approximately $858.4 million aggregate principal amount of Notes for cash and shares of common stock of th…
The issuance of the Exchange Shares (as defined below) will be undertaken in reliance upon an exemption from the registration requirements of Section 4(a)(2) of the Securities Act of 1933, as amended.
Other Events. On June 2, 2026, Western Digital Corporation (the “Company”) entered into separate, privately negotiated exchange agreements (the “Exchange Agreements”) with certain holders of its 3.00% Convertible Senior Notes due 2028 (the “Notes”). Under the terms of the Exchange Agreements, the holders have agreed to exchange approximately $858.4 million aggregate principal amount of Notes (the “Exchange Notes”) held by them for (i) an amount in cash equal to the sum of (x) the aggregate pr…
Director — Manuvir Das: Mr. Das was appointed as a new member of the Board and Audit Committee.
Results of Operations and Financial Condition. On April 30, 2026 , Western Digital Corporation (the “Company”) announced financial results for the fiscal third quarter ended April 3, 2026. A copy of the press release making this announcement is attached hereto as Exhibit 99.1 and is incorporated herein by reference. In accordance with General Instruction B.2 of Form 8-K, the information in this Item 2.02, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of…
Other Events. On February 13, 2026, the Company issued a conditional notice of redemption of up to the entire aggregate principal amount outstanding of its 2.850% Senior Notes due 2029 (CUSIP No. 958102AQ8) (the “2029 Notes”) and of its 3.100% Senior Notes due 2032 (CUSIP No. 958102AR6) (the “2032 Notes” and, together with the 2029 Notes, the “Notes”), which were issued pursuant to an indenture, dated as of December 10, 2021 (the “Indenture”), among the Company and U.S. Bank, National Associa…
Material Modification to Rights of Security Holders. As previously disclosed, Western Digital Corporation (the “Company”) previously issued and sold shares of the Company’s Series A Convertible Perpetual Preferred Stock, par value $0.01 per share (the “Preferred Stock”), to certain investors in connection with a private placement that closed on January 31, 2023 (the “Closing Date”). Pursuant to the Company’s Certificate of Designations, Preferences and Rights of the Preferred Stock (the “Cert…
Other Events. On January 5, 2026, Western Digital Corporation, a Delaware corporation (the “Company”), issued a conditional notice of redemption in respect of the entire aggregate principal amount outstanding of its 4.750% Senior Notes due 2026 (CUSIP No. 958102AM7) (the “Notes”), which were issued pursuant to an indenture, dated as of February 13, 2018 (the “Indenture”), among the Company, the guarantors party thereto and U.S. Bank, National Association, as trustee (the “Trustee”) (the “Rede…
Results of Operations and Financial Condition. On January 29, 2026 , Western Digital Corporation (the “Company”) announced financial results for the fiscal second quarter ended January 2, 2026. A copy of the press release making this announcement is attached hereto as Exhibit 99.1 and is incorporated herein by reference. In accordance with General Instruction B.2 of Form 8-K, the information in this Item 2.02, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 1…
Senior Vice President and Chief Accounting Officer — Brad Feller: Western Digital Corporation appointed Brad Feller as Senior Vice President and Chief Accounting Officer.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 30, 2025, the Board of Directors of Western Digital Corporation (the “Company”) unanimously appointed Don R. Bennett as Interim Chief Financial Officer of the Company effective as of February 28, 2025, which is the date that Wissam G. Jabre will cease to be the Company’s Chief Financial Officer (the “Effective Date”). Mr. Bennett will al…
shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. Forward-Looking Statements This Current Report on Form 8-K (thi…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 10, 2025, Wissam Jabre, the Company’s Executive Vice President and Chief Financial Officer, notified the Company that he does not intend to continue in the role of Chief Financial Officer of the Company’s hard disk drive business following the previously announced separation of its flash business pursuant to a spin-off transaction (the “…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Robert Soderbery will cease to serve as Executive Vice President and General Manager, Flash Business, of Western Digital Corporation (the “Company”), effective January 2, 2025, at which time his employment with the company will terminate. Pursuant to the terms and conditions of the Company’s Amended and Restated Executive Severance Plan (the “Sever…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 20, 2024, following its annual review of our executives’ compensation levels, the Compensation and Talent Committee of the Board of Directors of Western Digital Corporation (the “Company”) approved compensation adjustments for Wissam G. Jabre, the Company’s Chief Financial Officer, and Robert W. Soderbery, the Company’s Executive Vice Presid…
of this Current Report on Form 8-K, the Company expects to incur a modest reduction in annual operating expenses and a reduction in annual capital expenditures related to assembly and testing of Flash-based products. The Company also anticipates that the transition to a contract manufacturing model through SDSS will result in a small increase in the Company’s annual cost of revenue for Flash-based products. In connection with the transactions contemplated by the Equity Purchase Agreement, the…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On December 28, 2023, Michael C. Ray, Executive Vice President, Chief Legal Officer and Secretary, notified Western Digital Corporation (the “Company”) that he is leaving the Company effective January 12, 2024, to pursue another opportunity. Cynthia Lock Tregillis, Senior Vice President, Deputy General Counsel and Assistant Secretary, will assume t…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant The information set forth under
Entry into a Material Definitive Agreement On January 7, 2022, Western Digital Corporation, a Delaware corporation (“Western Digital”), entered into a restatement agreement (“Restatement Agreement”) among Western Digital, JPMorgan Chase Bank, N.A., as administrative agent (the “Agent”), and the lenders party thereto. The Restatement Agreement amends and restates the Loan Agreement, dated as of April 29, 2016, as amended by Amendment No. 1, dated as of August 17, 2016, Amendment No. 2, dated a…
Regulation FD Disclosure Reference is made to (i) the Indenture for the 1.50% Convertible Senior Notes due 2024 (the “2024 Notes”), dated as of February 13, 2018, by and among Western Digital, U.S. Bank National Association (“U.S. Bank”), as trustee, and the guarantors named therein (the “2024 Indenture”) and (ii) the Indenture for the 4.750% Senior Notes due 2026 (the “2026 Notes,” and together with the 2024 Notes, the “Notes”), dated as of February 13, 2018, by and among Western Digital, U.…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 6, 2021, the Board of Directors (the “Board”) of Western Digital Corporation (the “Company”) unanimously appointed Dr. Thomas Caulfield and Miyuki Suzuki to serve as members of the Board until the Company’s next annual meeting of stockholders and until their respective successors are duly elected and qualified. There are no arrangements or…
Importance-ranked changes since the prior daily snapshot.
Valuation rose by 16.3 points (from 17.9 to 34.2).
General market headlines, full earnings-call transcripts, and macro and sector developments flagged when they directly affect this stock are on the way. Today this tab covers SEC filings.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.