STOCK TITAN

Seagate’s Mosley plans $1.53M tax-cover sale

Insider William D. Mosley filed a Rule 144 notice to sell Seagate shares mainly to cover tax withholding from recent RSU vesting.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Seagate Technology Holdings plc (STX) has a notice from insider William D. Mosley under Rule 144 to sell Seagate common stock through Morgan Stanley. The notice lists 1,963 shares of common stock with an aggregate market value of $1,533,731.00, against 226,644,518 shares outstanding, with an approximate sale date of September 14, 2026 on NASDAQGS.

The shares relate to 3,319 restricted stock units vesting on September 11, 2026, described as compensation for services. The remarks state that sales will be made pursuant to an issuer-mandated sell-to-cover solely to satisfy tax withholding obligations. Over the prior three months Mosley sold 30,000 shares on July 1, 2026, 30,000 on August 3, 2026, 14,746 on August 21, 2026, 30,000 on September 1, 2026, and 2,849 on September 10, 2026, for the aggregate amounts shown.

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Shares to be sold 1,963 shares of common stock Planned sale under Rule 144 through Morgan Stanley
Aggregate market value of planned sale $1,533,731.00 Value of the 1,963 shares covered by the notice
Shares outstanding 226,644,518 shares Seagate common stock outstanding at time of notice
Restricted stock units vesting 3,319 units RSU vesting on September 11, 2026 as compensation for services
Sale on July 1, 2026 30,000 shares; $27,444,658.12 aggregate Common stock sold in the past three months
Sale on August 3, 2026 30,000 shares; $24,511,131.27 aggregate Common stock sold in the past three months
Sale on August 21, 2026 14,746 shares; $12,524,373.54 aggregate Common stock sold in the past three months
Sale on September 1, 2026 30,000 shares; $24,488,282.26 aggregate Common stock sold in the past three months
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Unit financial
"Common stock | 09/11/2026 | Restricted Stock Unit Vesting | Issuer"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
sell-to-cover financial
"Sales to be made pursuant to Issuer mandated sell-to-cover solely to satisfy"
Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.
Attorney-in-Fact regulatory
"Signature | /s/ Dawn Ledbetter. Attorney-in-Fact for William D. Mosley"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
compensation for services financial
"3319 | 09/11/2026 | Compensation for services"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Seagate (STX) insider William D. Mosley plan to sell under this Rule 144?

The notice lists 1,963 shares of Seagate common stock with an aggregate market value of $1,533,731.00, to be sold through Morgan Stanley, with an approximate sale date of September 14, 2026 on NASDAQGS.

What Seagate (STX) equity award is associated with the planned Rule 144 sale?

The filing links the sale to 3,319 restricted stock units that vest on September 11, 2026, described as compensation for services. The insider indicates sales will be made to satisfy related tax withholding obligations.

How does the planned Seagate (STX) sale compare with shares outstanding?

The notice states that the 1,963 shares covered have an aggregate market value of $1,533,731.00, compared with 226,644,518 shares of Seagate common stock outstanding as of around the planned sale date of September 14, 2026.

What Seagate (STX) shares did William D. Mosley sell in the past three months?

Over the prior three months, Mosley sold 30,000 shares on July 1, 2026, 30,000 on August 3, 2026, 14,746 on August 21, 2026, 30,000 on September 1, 2026, and 2,849 on September 10, 2026, for the aggregate amounts listed in the filing.

What is the stated purpose of William D. Mosley’s planned Seagate (STX) share sales?

The remarks explain that sales are to be made under an issuer mandated sell-to-cover arrangement, used solely to satisfy tax withholding obligations related to the restricted stock unit vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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