Highest-materiality recent filing
Western Digital to exchange 1.04M Sandisk shares for own stock with institutional investors
Entered exchange agreements to swap 1,038,681 Sandisk common shares held by WDC for WDC common shares.
Western Digital to issue 21.3M shares in exchange for $858.4M of convertible notes
Exchange of $858.4M of 3.00% Convertible Senior Notes due 2028 for cash and 21,289,938 shares of common stock.
Western Digital exchanges ~$858M convertible notes for cash and stock, reducing debt
Entered exchange agreements on June 2, 2026 for 3.00% Convertible Senior Notes due 2028.
Western Digital appoints Manuvir Das, former NVIDIA executive, to board
Manuvir Das appointed to board effective May 26, 2026; will serve on Audit Committee.
WD Q3FY26 revenue up 45% YoY to $3.34B; GAAP EPS $8.20, non-GAAP $2.72; dividend up 20%
Revenue $3.34B, up 45% YoY; GAAP diluted EPS $8.20, non-GAAP diluted EPS $2.72.
Western Digital fully redeems 2.850% 2029 and 3.100% 2032 senior notes
Eliminated Series A Convertible Perpetual Preferred Stock after mandatory conversion on Feb 17; no shares outstanding.
Western Digital converts all Series A Preferred Stock to common shares
On Feb 17, 2026, WDC converted all outstanding Series A Convertible Perpetual Preferred Stock into common stock.
Western Digital redeems all outstanding 4.750% Senior Notes due 2026
On Feb 5, 2026, deposited sufficient funds to pay redemption price plus accrued interest for all outstanding Notes.
Western Digital Q2 FY2026 revenue $3.02B (+25% YoY); non-GAAP EPS $2.13; guides Q3 ~$3.2B rev
GAAP diluted EPS $4.73; non-GAAP diluted EPS $2.13 (+78% YoY).
Western Digital shareholders approve 8M share increase to ESPP at annual meeting
Shareholders approved an 8M share increase to the 2005 ESPP, bringing total reserve to 52,296,610 shares.
Western Digital appoints Brad Feller as CAO effective Nov 14, 2025
Brad Feller named SVP and Chief Accounting Officer, succeeding Gene M. Zamiska.
Western Digital Q1 FY26 revenue $2.82B (+27% YoY), EPS $3.07, raises dividend 25%
Revenue $2.82B (+27% YoY), above guidance high end; GAAP EPS $3.07, non-GAAP EPS $1.78.
Western Digital Q4FY25 revenue $2.61B (+30% YoY), EPS $0.67 GAAP, $1.66 non-GAAP; guides Q1 above
Revenue $2.61B (+30% YoY); GAAP EPS $0.67, non-GAAP EPS $1.66.
Western Digital hires Kris Sennesael as CFO; $715K base, $2M signing bonus, $10M equity
Kris Sennesael appointed EVP and CFO, effective May 12, 2025; previously CFO of Skyworks Solutions.
Western Digital Q3 FY2025 revenue $2.29B, GAAP EPS $2.11, initiates dividend
Revenue $2.29B, down 5% QoQ and up 31% YoY; cloud segment $2.0B (87% of total).
WDC recast shows Q2 FY2025 continuing ops EPS $1.27, revenue $2.41B; Flash as discontinued ops
Separation completed Feb 21, 2025; Sandisk now trades as SNDK. Flash historical results reclassified as discontinued ops.
Western Digital to redeem $1.8B of 4.750% Senior Notes due 2026
Redemption of $1.8B aggregate principal amount of 4.750% Senior Notes due 2026 on April 14, 2025.
WDC files pro forma financials for HDD business after Sandisk spin-off; H1 FY2025 net income $634M
Spin-off completed Feb 21, 2025; WDC distributed 80.1% of Sandisk shares, retains 19.9% stake.
Western Digital finalizes Sandisk spin-off, retains 19.9% stake; SNDK trading Feb 24
Spin-off completed Feb 21, 2025: each WDC share received 1/3 Sandisk share; WDC retains 19.9% stake.
Western Digital appoints Don R. Bennett as Interim CFO effective Feb 28, 2025
Don R. Bennett, 55, appointed Interim CFO effective Feb 28, 2025, succeeding Wissam G. Jabre.
Western Digital spin-off of Sandisk cleared by SEC; distribution target Feb 21
SEC declared effective Sandisk's Form 10 on Jan 31; 80.1% of Sandisk shares to be distributed to WDC stockholders.
Western Digital names Irving Tan CEO and three new directors, effective upon flash spin-off
CEO David Goeckeler resigns upon spin-off completion; Irving Tan appointed as CEO.
Western Digital Q2 FY2025 rev $4.29B, GAAP EPS $1.63; Q3 guide rev $3.75-3.95B, EPS $0.90-$1.20
Revenue $4.29B (+41% YoY, +5% QoQ); GAAP EPS $1.63 vs loss $0.93 YoY; Non-GAAP EPS $1.77.
Western Digital Q2 revenue at $4.3B midpoint; non-GAAP EPS at low end; CFO Jabre to resign Feb 28
Revenue expected at midpoint of $4.2B-$4.4B guidance; non-GAAP EPS near $1.75 low end (flash pricing headwind).
Western Digital EVP and Flash Business GM Robert Soderbery to depart Jan 2, 2025
Robert Soderbery's employment terminates Jan 2, 2025; no successor named.
Western Digital shareholders approve equity plan increase, elect directors at annual meeting
Shareholders approved equity plan amendment, increasing shares available by 6 million.
Western Digital Q1 rev $4.1B, GAAP EPS $1.35, non-GAAP $1.78; guides Q2 $4.2-4.4B
Revenue $4,095M, up 9% QoQ and 49% YoY; GAAP diluted EPS $1.35 vs $0.08 prior Q.
Western Digital registers 235K preferred shares and 10M common shares for resale
Registration statement filed on August 26, 2024 for resale of up to 235,000 shares of Series A Convertible Perpetual Preferred Stock.
Western Digital Q4 revenue $3.76B, up 41% YoY; guides Q1 rev $4.0-4.2B, Non-GAAP EPS $1.55-1.85
Q4 revenue $3.76B (+41% YoY); GAAP EPS $0.88 (vs -$2.26 YoY); Non-GAAP EPS $1.44 (vs -$1.99 YoY).
Western Digital approves comp adjustments for CFO Jabre and EVP Soderbery, effective June 29, 2024
CFO Wissam Jabre's annual base salary set at $725,000 with LTI target of 600%.
Stockholders approve increase in authorized common shares to 750M and officer exculpation amendment
Authorized common shares increased from 450 million to 750 million, approved at special meeting on May 10, 2024.
Q3 revenue $3.46B (+14% QoQ, +23% YoY); GAAP EPS $0.34 (vs $(0.93) Q2, $(1.82) YoY). Non-GAAP EPS $0.63.
Western Digital names Flash spinoff CEO Goeckeler, HDD CEO Tan for separation
David Goeckeler appointed CEO Designate of Flash spinoff; Irving Tan named CEO of remaining HDD company (Western Digital).
Western Digital to sell 80% of SanDisk Shanghai to JCET for ~$624M
SanDisk China to sell 80% of SDSS to JCET for ~$624M (valuation $780M); closing expected Q3 2024.
Western Digital Q2 FY2024 GAAP loss per share $(0.87); revenue $3.03B, up 10% QoQ
Revenue $3,032M, up 10% QoQ; down 2% YoY; Cloud revenue up 23% QoQ, Client down 2%, Consumer up 15%.
Michael C. Ray, EVP, Chief Legal Officer and Secretary, leaving effective Jan 12, 2024, to pursue other opportunity.
Western Digital registers 900k preferred shares and 28M common shares for resale
Registered 900,000 shares of Series A Convertible Perpetual Preferred Stock for resale.
WDC shareholders approve 2.35M share increase to 2021 LTIP at annual meeting
Stockholders approved amendment to 2021 Long-Term Incentive Plan, adding 2.35 million shares to the reserve.
Western Digital issues $1.6B 3.00% convertible notes due 2028; refinances existing notes
Issued $1.6B aggregate principal (incl. $200M overallotment) of 3.00% convertible senior notes due 2028.
Western Digital prices $1.4B convertible notes due 2028, repurchases $508M of existing 2024 notes
Notes bear 3.00% interest, mature Nov 15, 2028; initial conversion price ~$52.20 (30% premium over $40.15 close).
Western Digital Q1 FY2024 revenue $2.75B, GAAP EPS $(2.17), guides Q2 rev $2.85-3.05B
Q1 revenue $2.75B, up 3% QoQ but down 26% YoY; cloud revenue fell 12% QoQ, client up 11%, consumer up 14%.
Western Digital to spin off Flash business into independent public company targeted for H2 2024
Board unanimously approved plan to separate HDD and Flash businesses into two independent public companies.
Western Digital proposes $1.3B convertible notes offering due 2028
$1.3B aggregate principal amount of convertible senior notes due 2028; option for additional $200M.
Western Digital subsidiary guarantees 2024 convertible notes
Western Digital Technologies, Inc. executed a second supplemental indenture on Oct 10, 2023.
Q4 FY2023 GAAP EPS -$2.27, non-GAAP -$1.98; revenue $2.67B down 41% YoY and 5% QoQ.
Western Digital amends credit agreements, adds liquidity & FCF covenants
Modifies leverage ratio requirements through fiscal Q4 2025.
Western Digital Q3 GAAP EPS -$1.82, Non-GAAP -$1.37; revenue $2.8B (-36% YoY)
Revenue of $2.8B, at high end of guidance; down 10% Q/Q and 36% YoY from $4.38B.
Western Digital discloses network breach affecting online store customer data
Unauthorized third party accessed Western Digital systems on March 26, 2023; discovered same day, disclosed April 2.
Western Digital discloses network security incident; unauthorized access, data possibly taken
Incident discovered on March 26, 2023; unauthorized third party gained access to systems.
Western Digital raises $900M via convertible preferred from Apollo and Elliott
Issued $900M Series A Convertible Perpetual Preferred: Apollo $665M, Elliott $235M.
On May 26, 2026, the Board of Directors (the “Board”) of Western Digital Corporation (the “Company”) unanimously appointed Manuvir Das to serve as a member of the Board
On May 6, 2025, the Board of Directors (the “Board”) of Western Digital Corporation (the “Company”) unanimously appointed Kris Sennesael as Executive Vice President and Chief Financial Officer of the Company, effective May 12, 2025.
the Board of Directors of Western Digital Corporation (the “Company”) unanimously appointed Don R. Bennett as Interim Chief Financial Officer of the Company effective as of February 28, 2025
the date that Wissam G. Jabre will cease to be the Company’s Chief Financial Officer
David V. Goeckeler will resign from his position as the Company’s Chief Executive Officer.
Mr. Tan will be appointed to serve as a member and the chair of the Executive Committee of the Board.
each of David V. Goeckeler, Thomas Caulfield and Miyuki Suzuki will resign from their positions as members of the Company’s board of directors
each of David V. Goeckeler, Thomas Caulfield and Miyuki Suzuki will resign from their positions as members of the Company’s board of directors
each of David V. Goeckeler, Thomas Caulfield and Miyuki Suzuki will resign from their positions as members of the Company’s board of directors
the Board unanimously appointed Mr. Tan as the Chief Executive Officer of the Company to succeed Mr. Goeckeler in that position effective upon, and subject to, the consummation of the Spin-Off.
the Board unanimously appointed Irving Tan, Bruce Kiddoo and Roxanne Oulman to the Board, effective upon, and subject to, the consummation of the Spin-Off.
the Board unanimously appointed Irving Tan, Bruce Kiddoo and Roxanne Oulman to the Board, effective upon, and subject to, the consummation of the Spin-Off.
Max materiality 0.90 · Median 0.70 · Most common event earnings