Seagate (NASDAQ: STX) exec plans Rule 144 sale of 9,862 shares
Rhea-AI Filing Summary
Seagate Technology Holdings plc (STX) reports that officer Ban Seng Teh has filed a notice under Rule 144 to sell up to 9,862 common shares of Seagate through Morgan Stanley Smith Barney LLC. The filing lists an aggregate market value of 8,411,971.40 for these shares. Shares outstanding were 226,644,518 as of August 21, 2026; this is a baseline figure, not the amount being sold. In the prior three months, reported sales include 6,048 shares for 5,098,254.74 on August 20, 2026 and 7,361 shares for 6,778,028.17 on August 13, 2026.
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Key Figures
Shares to be sold under Rule 144: 9,862 shares
Aggregate market value of shares to be sold: 8,411,971.40
Shares outstanding: 226,644,518 shares
+4 more
7 metrics
Shares to be sold under Rule 144
9,862 shares
Planned sale of Seagate common stock by officer Ban Seng Teh
Aggregate market value of shares to be sold
8,411,971.40
Value associated with the 9,862 shares covered by the notice
Shares outstanding
226,644,518 shares
Reported as of August 21, 2026 for Seagate common stock
Shares sold on August 20, 2026
6,048 shares
Reported prior sale by Ban Seng Teh during the past three months
Proceeds on August 20, 2026 sale
5,098,254.74
Aggregate amount for the 6,048 shares sold on that date
Shares sold on August 13, 2026
7,361 shares
Reported prior sale by Ban Seng Teh during the past three months
Proceeds on August 13, 2026 sale
6,778,028.17
Aggregate amount for the 7,361 shares sold on that date
Key Terms
Rule 144, restricted stock, aggregate market value, securities to be sold
4 terms
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 financial
"Common | 08/20/2026 | Restricted Stock | Issuer"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
aggregate market value financial
"Common | Morgan Stanley Smith Barney LLC ... | 9862 | 8411971.40"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
securities to be sold financial
"144: Securities To Be Sold"
FAQ
What does Seagate Technology Holdings plc’s (STX) latest Form 144 disclose?
The Form 144 discloses that officer Ban Seng Teh intends to sell up to 9,862 common shares of Seagate Technology Holdings plc under Rule 144 through Morgan Stanley Smith Barney LLC, with an aggregate market value of 8,411,971.40 reported for the shares covered.
AI-generated analysis. How Rhea-AI works. Not financial advice.