On June 11, 2026, Western Digital Corporation entered into privately negotiated exchange agreements with institutional investors. The company will exchange 1,038,681 shares of Sandisk Corporation stock for a number of Western Digital common shares held by the investors. The exchange ratio will be based on the volume-weighted average prices of both stocks from June 16-18, 2026. The transactions are expected to close on June 22, 2026. Western Digital operates in the data storage industry, developing hard disk drives and flash memory products.

Western Digital Corporation entered into exchange agreements to exchange approximately $858.4 million in 3.00% Convertible Senior Notes due 2028 for cash and 21,289,938 shares of common stock. This amendment to a previous 8-K filing is being filed to disclose the final number of exchange shares to be delivered.