{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-056949","form_type":"8-K","ticker":"WDC","cik":"0000106040","company_name":"WESTERN DIGITAL CORP","filed_at":"2024-03-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.260132+00:00","generated_at":"2026-06-05T04:32:51.565699+00:00","sec_items":["1.01","8.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Western Digital to sell 80% of SanDisk Shanghai to JCET for ~$624M","bullets":["SanDisk China to sell 80% of SDSS to JCET for ~$624M (valuation $780M); closing expected Q3 2024.","Payment over 5 years: $218.4M at closing, $218.4M in second tranche, $187.2M in five annual installments.","Proceeds to strengthen balance sheet ahead of planned separation of HDD and Flash businesses.","Post-closing, JCET owns 80%, SanDisk China retains 20%; SDSS deconsolidated and accounted for under equity method.","Expected modest reduction in annual op ex and capex for Flash assembly/test; small increase in Flash cost of revenue."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-056949","json":"https://secwatch.observer/filing/0001193125-24-056949.json","markdown":"https://secwatch.observer/filing/0001193125-24-056949.md","text":"https://secwatch.observer/filing/0001193125-24-056949.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/106040/000119312524056949/0001193125-24-056949-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/106040/000119312524056949/d801542d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T04:32:51.565699+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}