Western Digital Director Sells Shares Under Pre-Arranged Trading Plan
1 report, 1 independent
Updated Oct 31
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Martin I. Cole, a director of Western Digital, sold 4,000 shares of common stock on October 29. The sale, valued at approximately $1.58 million, was reported via Form 4 filings. The transaction was executed under a Rule 10b5-1 trading plan that Cole adopted on March 5.
From themarketsdaily.com
Why it matters
The sale represented 18.7% of the shares Cole held before the trade. Reports indicate that because the sale occurred under a pre-adopted trading plan, the transaction alone does not provide strong evidence regarding the underlying business performance of Western Digital.
From themarketsdaily.com
Who's involved
- Western DigitalThe company whose stock was sold and is listed on Nasdaq.
- NasdaqThe stock exchange where Western Digital is listed.
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The entities involved
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Western Digital
American computer storage corporation
Nothing else this week.
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Nasdaq
American fully electronic stock exchange