STOCK TITAN

Seagate officer plans $7.7M stock sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Seagate Technology Holdings plc (STX) officer James Lee has filed a notice of proposed sale of company stock under Rule 144. The notice covers up to 9,013 shares of common stock, to be sold through Morgan Stanley Smith Barney LLC on NASDAQ.

The shares include 4,032 shares issuable upon the exercise of stock options dated August 24, 2026, and 4,981 shares from restricted stock units dated August 20, 2026. The filing lists an aggregate market value of approximately 7,661,050.00 for the proposed sale. It also discloses several prior sales of Seagate common stock by James Lee during the past three months, including some conducted pursuant to a Rule 10b5-1 trading plan.

Positive

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Shares proposed for sale 9,013 shares of common stock Maximum amount covered by James Lee’s Rule 144 notice
Aggregate market value of proposed sale 7,661,050.00 Aggregate market value for the 9,013 Seagate common shares in the notice
Shares from stock option exercise 4,032 shares Seagate common shares underlying stock options dated August 24, 2026
Shares from restricted stock units 4,981 shares Seagate common shares from RSUs dated August 20, 2026
Past sale on August 21, 2026 3,938 shares for 3,344,759.20 Seagate common shares sold by James Lee in the prior 3 months
Past sale on July 30, 2026 694 shares for 608,950.30 Seagate common shares sold, noted as 10b5-1 sales
Past sale on July 23, 2026 542 shares for 490,514.72 Earlier Seagate common share sale by James Lee
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 units financial
"Common | 08/20/2026 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 regulatory
"10b5-1 Sales for JAMES C LEE 121 Woodlands Avenue 5 Singapore"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Exercise of Stock Options financial
"Common | 08/24/2026 | Exercise of Stock Options | Issuer"

FAQ

How many Seagate (STX) shares does James Lee plan to sell under this Form 144?

James Lee filed to sell up to 9,013 shares of Seagate common stock. The filing lists these shares with an aggregate market value of about 7,661,050.00, to be sold through Morgan Stanley Smith Barney LLC on NASDAQ.

What is the source of the Seagate (STX) shares James Lee plans to sell?

The planned sale covers 4,032 shares from the exercise of stock options dated August 24, 2026 and 4,981 shares from restricted stock units dated August 20, 2026, all in Seagate common stock.

Which broker is handling James Lee’s planned Seagate (STX) share sale?

The proposed sale of up to 9,013 Seagate common shares is listed as being through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, New York, on NASDAQ.

What prior Seagate (STX) stock sales by James Lee are disclosed in this Form 144?

The filing lists past 3‑month sales of Seagate common stock by James Lee: 3,938 shares on August 21, 2026 for 3,344,759.20, 694 shares on July 30, 2026 for 608,950.30, and 542 shares on July 23, 2026 for 490,514.72.

Were any of James Lee’s recent Seagate (STX) stock sales under a 10b5-1 plan?

Yes. The Form 144 notes “10b5-1 Sales” for James C. Lee in connection with Seagate common stock sales, including sales such as the 694 shares on July 30, 2026 for 608,950.30.

What key dates are associated with James Lee’s planned Seagate (STX) stock sales?

The Form 144 ties the 4,032 option shares to August 24, 2026 and the 4,981 RSU shares to August 20, 2026. Prior sales disclosed occurred on August 21, 2026, July 30, 2026, and July 23, 2026.

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