Seagate director plans $621K stock sale under Rule 144
Rhea-AI Filing Summary
Seagate Technology Holdings plc (STX) has a notice of proposed sale under Rule 144 filed on behalf of director Yolanda Conyers. The filing covers a proposed sale of 750 shares of Seagate common stock through Morgan Stanley Smith Barney LLC Executive Financial Services, with an indicated sale date of September 1, 2026 on Nasdaq.
The securities to be sold are described as Restricted Stock Units acquired from the issuer on October 19, 2024. This is a pre-sale disclosure and not a report that the sale has occurred.
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Key Figures
Shares proposed for sale: 750 shares of common stock
Proposed sale date: 09/01/2026
Approximate aggregate value: 621285.00
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4 metrics
Shares proposed for sale
750 shares of common stock
Quantity of Seagate common shares covered by the Rule 144 notice
Proposed sale date
09/01/2026
Date listed for the proposed sale of Seagate common stock on Nasdaq
Approximate aggregate value
621285.00
Amount listed in the securities information section for the 750 shares
Acquisition date of RSUs
10/19/2024
Date the Restricted Stock Units identified in the filing were acquired from the issuer
Key Terms
Rule 144, Restricted Stock Units, Form 144
3 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 Units financial
"Common | 10/19/2024 | 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.
Form 144 regulatory
"144: Filer Information 144: Issuer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
FAQ
What does the Form 144 filed for STX disclose?
It discloses that Yolanda Conyers, a director of Seagate Technology Holdings plc (STX), has filed a notice under Rule 144 for a proposed sale of 750 shares of Seagate common stock, with an indicated sale date of September 1, 2026 on Nasdaq.
When were the STX securities proposed for sale acquired by Yolanda Conyers?
The securities identified in the Form 144 were acquired as Restricted Stock Units from the issuer on October 19, 2024, according to the disclosure for Seagate Technology Holdings plc (STX).
Which broker is named for the STX Rule 144 sale by Yolanda Conyers?
The Form 144 names Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, New York, as the broker for the proposed sale of Seagate Technology Holdings plc (STX) common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.