secwatch.observer — SEC 8-K summary
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Issuer:     WESTERN DIGITAL CORP (WDC)
CIK:        0000106040
Form:       8-K
Filed at:   2026-06-11T20:06:03+00:00
Accession:  0001193125-26-267514
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Western Digital to exchange 1.04M Sandisk shares for own stock with institutional investors
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- Entered exchange agreements to swap 1,038,681 Sandisk common shares held by WDC for WDC common shares.
- Exchange ratio based on volume-weighted average prices of Sandisk and WDC stock over June 16-18, 2026.
- Transactions expected to close on June 22, 2026, subject to customary conditions.
- Counterparties are unnamed institutional investors; deal privately negotiated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/106040/000119312526267514/0001193125-26-267514-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/106040/000119312526267514/d83915d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-267514

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer