Seagate (NASDAQ: STX) officer plans 6,048-share stock sale
Rhea-AI Filing Summary
Seagate Technology Holdings plc (STX) reported that officer Ban Seng Teh filed a notice to sell 6,048 shares of common stock in connection with a stock option exercise, with planned transactions on or after 08/20/2026. The notice also lists prior sales over the past three months, including 7,361 shares on 08/13/2026, 989 shares on 06/12/2026, and 663 shares on 06/10/2026.
Positive
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Negative
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Key Figures
Planned shares to be sold: 6,048 shares
Shares sold 08/13/2026: 7,361 shares
Shares sold 06/12/2026: 989 shares
+1 more
4 metrics
Planned shares to be sold
6,048 shares
Common stock associated with a stock option exercise, sale on or after 08/20/2026
Shares sold 08/13/2026
7,361 shares
Common stock sold by Ban Seng Teh during the past three months
Shares sold 06/12/2026
989 shares
Common stock sold by Ban Seng Teh during the past three months
Shares sold 06/10/2026
663 shares
Common stock sold by Ban Seng Teh during the past three months
Key Terms
Rule 144, Stock Option Exercise, Executive Financial Services
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.
Stock Option Exercise financial
"Common | 08/20/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"
FAQ
What does the Form 144 filing for STX disclose about Ban Seng Teh?
The filing states that officer Ban Seng Teh intends to sell 6,048 shares of Seagate Technology Holdings plc common stock in connection with a stock option exercise, with planned transactions on or after 08/20/2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.