Western Digital Corp Files 8-K on Operations and Personnel
Ticker: WDC · Form: 8-K · Filed: Jan 16, 2025 · CIK: 106040
Sentiment: neutral
Topics: operations, personnel-changes, sec-filing
Related Tickers: WDC
TL;DR
WD files 8-K for ops/personnel changes, check for details.
AI Summary
Western Digital Corporation filed an 8-K on January 16, 2025, reporting events as of January 10, 2025. The filing pertains to results of operations, financial condition, and changes in directors and officers, including compensatory arrangements. Specific details regarding these events were not provided in the excerpt.
Why It Matters
This 8-K filing indicates significant corporate events at Western Digital, potentially impacting its financial performance and leadership structure.
Risk Assessment
Risk Level: medium — 8-K filings often contain material information that can affect stock prices, and changes in operations or leadership warrant attention.
Key Numbers
- 20250110 — Date of earliest event reported (This is the effective date for the reported events in the 8-K.)
- 20250116 — Filing Date (This is the date the 8-K was officially submitted to the SEC.)
Key Players & Entities
- WESTERN DIGITAL CORP (company) — Registrant
- Delaware (jurisdiction) — State of Incorporation
- 001-08703 (company_id) — Commission File Number
- 33-0956711 (company_id) — I.R.S. Employer Identification No.
- 5601 Great Oaks Parkway (address) — Principal Executive Offices Street
- San Jose (location) — Principal Executive Offices City
- California (location) — Principal Executive Offices State
- 95119 (zip_code) — Principal Executive Offices Zip Code
FAQ
What specific events related to 'Results of Operations and Financial Condition' are detailed in this filing?
The provided excerpt does not contain specific details about the results of operations or financial condition; it only lists the item information.
Who are the directors or officers involved in the 'Departure of Directors or Certain Officers' section?
The excerpt does not name any specific directors or officers who have departed or been elected/appointed.
What are the details of the 'Compensatory Arrangements of Certain Officers' mentioned?
The excerpt lists this as an item of disclosure but does not provide any specifics on the compensatory arrangements.
What is the significance of the 'Date as of Change' being January 10, 2025?
This date indicates the earliest event reported in the 8-K filing, meaning the corporate actions or changes occurred on or before this date.
What is Western Digital Corporation's primary business based on its SIC code?
Western Digital Corporation's Standard Industrial Classification (SIC) code is 3572, which corresponds to 'COMPUTER STORAGE DEVICES'.
Filing Stats: 1,337 words · 5 min read · ~4 pages · Grade level 17.6 · Accepted 2025-01-16 16:30:33
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 Par Value Per Share WDC The Nasdaq
- $4.20 billion — the mid-point of the guidance range of $4.20 billion to $4.40 billion previously issued by t
- $4.40 billion — the guidance range of $4.20 billion to $4.40 billion previously issued by the Company on Oct
- $1.75 — the previously issued guidance range of $1.75 to $2.05 per share due to a more challe
- $2.05 — ously issued guidance range of $1.75 to $2.05 per share due to a more challenging pri
Filing Documents
- d856730d8k.htm (8-K) — 33KB
- g856730g00r56.jpg (GRAPHIC) — 9KB
- 0001193125-25-007725.txt ( ) — 175KB
- wdc-20250110.xsd (EX-101.SCH) — 3KB
- wdc-20250110_lab.xml (EX-101.LAB) — 17KB
- wdc-20250110_pre.xml (EX-101.PRE) — 11KB
- d856730d8k_htm.xml (XML) — 3KB
Forward-Looking Statements
Forward-Looking Statements This Current Report on Form 8-K (this "Form 8-K") contains forward-looking statements within the meaning of federal securities laws, including statements concerning the Company's preliminary financial results for its second fiscal quarter ended December 27, 2024. These forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. The preliminary financial results for the Company's second fiscal quarter ended December 27, 2024 included in this Form 8-K represent the most current information available to management. The Company's actual results may differ from these preliminary results as a result of the completion of the Company's financial closing procedures, final adjustments, completion of the review by the Company's independent registered accounting firm, and other developments that may arise between the filing date of this Form 8-K and the time that financial results for the second fiscal quarter ended December 27, 2024 are finalized and disclosed. Other risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements include: volatility in global economic conditions and demand for the Company's products; operational, financial and legal challenges and difficulties inherent in implementing a separation of the Company's HDD and Flash businesses; the final approval of the separation by the Company's board of directors; inflation; increase in interest rates and economic recession; future responses to and effects of global health crises; the impact of business and market conditions; the outcome and impact of the Company's announced separation transaction, including with respect to customer and supplier relationships, regulatory and contractual restrictions, stock price volatility and the d