STOCK TITAN

Seagate (STX) exec plans $7.8M RSU tax-share sale of stock

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Seagate Technology Holdings plc (STX) reported a planned Rule 144 sale of common stock by officer Gianluca Romano. The notice covers up to 9,135 shares of common stock, with an aggregate market value of $7,758,856.10, relative to 226,644,518 shares outstanding as of August 21, 2026. The shares relate to multiple Restricted Stock Unit vesting events and will be sold pursuant to issuer-mandated sell-to-cover transactions solely to satisfy tax withholding obligations.

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Shares covered by notice 9,135 shares of common stock Securities information for planned Rule 144 sale
Aggregate market value $7,758,856.10 Value of 9,135 shares covered by the notice
Shares outstanding 226,644,518 shares Common stock outstanding as of August 21, 2026
RSU vesting block 1 2,739 shares Common stock issuable from Restricted Stock Unit vesting on August 20, 2026
RSU vesting block 2 9,129 shares Common stock issuable from Restricted Stock Unit vesting on August 20, 2026
RSU vesting block 3 5,039 shares Common stock issuable from Restricted Stock Unit vesting on August 20, 2026
Sale on August 7, 2026 22,211 shares for $2,190,984.63 Common stock sold during past three months
Sale on June 9, 2026 1,351 shares for $1,109,780.00 Common stock sold during 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 Vesting financial
"Common stock | 08/20/2026 | Restricted Stock Unit Vesting | Issuer"
sell-to-cover financial
"Sales to be made pursuant to Issuer mandated sell-to-cover solely"
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.

FAQ

What is the purpose of the Form 144 filing involving STX?

The Form 144 relates to planned sales of Seagate Technology Holdings plc (STX) common stock by officer Gianluca Romano under Rule 144. The sales are described as issuer-mandated sell-to-cover transactions made solely to satisfy tax withholding obligations on vested restricted stock units.

How many STX shares are covered by this Form 144 notice?

The notice covers up to 9,135 shares of Seagate Technology Holdings plc common stock, with an aggregate market value of $7,758,856.10. These shares are associated with equity compensation, specifically restricted stock unit vesting events.

What is the aggregate market value of the STX shares in this Form 144?

The aggregate market value of the Seagate Technology Holdings plc (STX) common stock covered by the notice is $7,758,856.10. This value is reported together with the 9,135 shares referenced in the securities information section.

How many Seagate (STX) shares were outstanding as of August 21, 2026?

The Form 144 states that Seagate Technology Holdings plc had 226,644,518 shares outstanding of common stock as of August 21, 2026. This figure provides context for the size of the planned Rule 144 sale.

What STX stock has Gianluca Romano sold in the past three months?

Over the past three months, Gianluca Romano reported sales of Seagate common stock including 22,211 shares on August 7, 2026 for $2,190,984.63, 904 shares on June 12, 2026 for $795,029.18, and 1,351 shares on June 9, 2026 for $1,109,780.00.

What is the nature of the STX securities to be sold under this notice?

The securities are Seagate Technology Holdings plc common stock issued upon Restricted Stock Unit vesting on August 20, 2026. The filing notes that sales will be executed as sell-to-cover transactions mandated by the issuer to satisfy tax withholding obligations tied to this compensation.

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