Director Martin I Cole sold 3,280 shares at $511.16 avg on 2026-06-09 per 10b5-1 plan adopted 2026-03-05
Director Martin I Cole executed 30 separate sales totaling 3,280 shares for $1,676,600.51 on 2026-06-09, reducing his holdings by -11.1% from 29,433 shares to 26,153 shares. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2026-03-05, meaning it is scheduled rather than discretionary. His prior open-market sales across all tickers show an average 90-day return of +91.1%, and his five prior sales at WDC specifically averaged 90-day returns ranging from +88.4% to +98.4%. The current stock price is $529.29, compared to the blended sale price of $511.16 and a 52-week high of $602.54. Fundamental metrics show annual revenue decline of -26.8% and a P/E of 99.68, suggesting a growth multiple positioned on elevated valuations despite near-term revenue headwinds.
WDC Director Cole Martin I sells 6,000 shares for $1.6M at $271.67 avg, stock now $250.61
Cole Martin I, a WDC Director, executed 14 separate sales totaling 6,000 shares for $1,630,001.81 on 2026-03-02, reducing his holdings by 16.9% from 35.4K to 29.4K shares. The sales occurred across a narrow price range ($263.66–$280.72), with a blended average of $271.67. The stock has since declined to $250.61 (current price), placing the transaction 15.5% below the 52-week high of $296.56. His prior five trades at WDC (all sells on 2025-11-05) exhibited strong 90-day performance (range +82.4% to +89.7%), though none were well-timed in the sense that the stock rose following each sale rather than falling. The company's fundamentals show annual revenue declined 26.8% year-over-year, though the latest quarter posted $3.0B in revenue and $1.8B in net income. Context matters: the timing relative to fundamentals and whether subsequent price action validates or contradicts this director's exit requires ongoing monitoring.
Director Cole Martin I sold 10,000 shares (49.5K pre-transaction) at $161.32 avg; WDC stock at 52-week high $163.60.
Cole Martin I executed 11 separate sales totaling 10,000 shares for $1,613,212.34 at prices ranging from $152.99 to $164.08, reducing his holdings by 20.2%. The sales occurred as Western Digital trades near its 52-week high of $163.60, with the blended average sale price of $161.32 positioned within the upper band of recent price action. The stock has gained 36.4% over the past 30 days and 118.2% over 90 days, reflecting a strong momentum environment. However, context matters: WDC's annual revenue declined 26.8% year-over-year and the P/E of 30.81 sits above historical norms, while the company maintains a $55.9B market cap and recent quarterly net income of $1.2B. The sale pattern—multiple tranches at escalating prices within a single trading day—represents a structured reduction rather than a panic liquidation.
