---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-265708"
form_type: "8-K"
ticker: "WDC"
cik: "0000106040"
company_name: "WESTERN DIGITAL CORP"
filed_at: "2023-10-30T23:59:59+00:00"
generated_at: "2026-06-09T05:33:14.346667+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Western Digital to spin off Flash business into independent public company targeted for H2 2024

## Summary
- Board unanimously approved plan to separate HDD and Flash businesses into two independent public companies.
- Separation intended to be tax-free; targeted for second half of calendar year 2024.
- Financial advisors: Qatalyst Partners, Lazard, J.P. Morgan; legal: Skadden Arps.
- Transaction subject to final board approval, definitive docs, tax rulings, SEC filings, audited financials, and financing availability.
- Q1 FY2024 earnings call on Oct 30 will include discussion of the separation.

## SEC filing metadata
- accession: 0001193125-23-265708
- form_type: 8-K
- ticker: WDC
- cik: 0000106040
- company_name: WESTERN DIGITAL CORP
- filed_at: 2023-10-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/106040/000119312523265708/0001193125-23-265708-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/106040/000119312523265708/d574470d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-265708
- JSON: https://secwatch.observer/filing/0001193125-23-265708.json
- Plain text: https://secwatch.observer/filing/0001193125-23-265708.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.