Western Digital’s chief legal officer sells $427,941 in stock By Investing.com

Cynthia L. Tregillis, Chief Legal Officer and Corporate Secretary at Western Digital Corp. (), sold 808 shares of the company’s common stock on July 21, 2026. The transaction was executed at a price of $529.63 per share, totaling $427,941. This sale was carried out pursuant to a Rule 10b5-1 trading plan, which Tregillis adopted on March 6, 2026.The sale comes as Western Digital stock has surged over 700% in the past year, currently trading at $548.39 with a market capitalization of $168 billion. According to InvestingPro analysis, the stock appears fairly valued at current levels. Investors seeking deeper insights can access comprehensive Pro Research Reports, available for Western Digital and 1,400+ other US equities, transforming complex data into actionable intelligence.

Prior to this sale, on July 20, 2026, Tregillis acquired 13 shares of common stock. These shares were obtained through the conversion of dividend equivalent rights, which converted on a one-for-one basis in connection with the vesting of restricted stock units.

On the same day, Tregillis disposed of 1,309 shares of common stock at a price of $487.42 per share, totaling $638,032. This disposition was made to satisfy tax obligations incident to the vesting of securities.

Following these transactions, Cynthia L. Tregillis directly holds 114,539 shares of Western Digital common stock. She also holds 309.804 dividend equivalent rights.

In other recent news, Evercore has highlighted a positive outlook for IT hardware and networking companies, driven by strong demand and increased visibility into AI infrastructure buildouts. The firm noted that most companies are expected to build a backlog as demand continues to outpace supply. Meanwhile, Wells Fargo has raised its price target for Western Digital to $730, maintaining an Overweight rating due to a favorable demand outlook. The firm has also increased its revenue, gross margin, and earnings per share estimates for the company through 2028. Additionally, Western Digital announced the appointment of Manuvir Das to its board of directors, bringing experience from , Dell EMC, and Microsoft.

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