Western Digital Corp Files 8-K on Director/Officer Changes
Ticker: WDC · Form: 8-K · Filed: Nov 25, 2024 · CIK: 106040
Sentiment: neutral
Topics: corporate-governance, officer-changes, director-changes
Related Tickers: WDCC
TL;DR
WDCC board shakeup and executive changes filed. Keep an eye on strategy shifts.
AI Summary
Western Digital Corporation filed an 8-K on November 25, 2024, reporting events on November 20, 2024. The filing covers the departure and election of directors, appointments of officers, compensatory arrangements, and matters submitted to a vote of security holders. It also includes financial statements and exhibits.
Why It Matters
This filing indicates significant corporate governance updates, including changes in leadership and executive compensation, which can impact investor confidence and company strategy.
Risk Assessment
Risk Level: medium — Changes in directors and officers, along with compensatory arrangements, can signal shifts in strategy or internal dynamics that may affect the company's future performance.
Key Players & Entities
- WESTERN DIGITAL CORPORATION (company) — Registrant
- Delaware (jurisdiction) — State of Incorporation
- 5601 Great Oaks Parkway San Jose, California 95119 (address) — Principal Executive Offices
FAQ
What specific items were submitted to a vote of security holders?
The filing indicates that matters were submitted to a vote of security holders, but the specific details of these matters are not provided in the excerpt.
Are there any new executive officers appointed?
The filing mentions the appointment of certain officers, but the names and specific roles of these individuals are not detailed in the provided text.
What is the significance of the 'Departure of Directors or Certain Officers' item?
This item signifies that there have been changes in the company's board of directors or among its key executive personnel.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on November 20, 2024.
What type of financial statements are included in the filing?
The filing indicates that financial statements and exhibits are included, but the specific nature or period covered by these statements is not detailed in the excerpt.
Filing Stats: 827 words · 3 min read · ~3 pages · Grade level 11.7 · Accepted 2024-11-25 16:10:30
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 Par Value Per Share WDC The Nasdaq
Filing Documents
- d885192d8k.htm (8-K) — 48KB
- d885192dex101.htm (EX-10.1) — 125KB
- g885192g1123092112406.jpg (GRAPHIC) — 5KB
- 0001193125-24-265164.txt ( ) — 337KB
- wdc-20241120.xsd (EX-101.SCH) — 3KB
- wdc-20241120_lab.xml (EX-101.LAB) — 17KB
- wdc-20241120_pre.xml (EX-101.PRE) — 11KB
- d885192d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Western Digital Corporation Amended and Restated 2021 Long-Term Incentive Plan 104 Cover Page Interactive Data File (embedded with the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. Western Digital Corporation (Registrant) By: /s/ Cynthia Tregillis Date: November 25, 2024 Cynthia Tregillis Senior Vice President, Chief Legal Officer and Secretary