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Seagate officer plans 1,695-share tax sale

Seagate Technology Holdings plc (STX) reports that company officer Gianluca Romano filed a notice under Rule 144 covering a potential sale of 1,695 shares of common stock tied to restricted stock unit vesting on September 11, 2026.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Seagate Technology Holdings plc (STX) reports that company officer Gianluca Romano filed a notice under Rule 144 covering a potential sale of 1,695 shares of common stock tied to restricted stock unit vesting on September 11, 2026. The filing also lists recent sales over the prior three months and states that sales are to be made pursuant to an issuer-mandated sell-to-cover arrangement solely to satisfy tax withholding obligations, rather than for discretionary liquidity purposes.

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Shares covered by new Rule 144 notice 1,695 shares Common stock from restricted stock unit vesting on September 11, 2026
Shares sold August 7, 2026 22,211 shares Sale of Seagate common stock by Gianluca Romano
Sale proceeds August 7, 2026 $2,190,984.63 Aggregate sale price for 22,211 shares of common stock
Shares sold August 20, 2026 9,077 shares Sale of Seagate common stock by Gianluca Romano
Sale proceeds August 20, 2026 $7,708,956.50 Aggregate sale price for 9,077 shares of common stock
Shares sold September 11, 2026 50,498 shares Sale of Seagate common stock by Gianluca Romano
Sale proceeds September 11, 2026 $42,026,854.76 Aggregate sale price for 50,498 shares of common stock
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 | 09/11/2026 | 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.
Attorney-in-Fact regulatory
"Signature | /s/ Dawn Ledbetter. Attorney-in-Fact for Gianluca Romano"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for Seagate Technology (STX)?

The filing discloses that officer Gianluca Romano submitted a Rule 144 notice for potential sales of Seagate common stock related to restricted stock unit vesting, with sales described as issuer-mandated sell-to-cover transactions to satisfy tax withholding obligations.

How many Seagate (STX) shares are covered by the new Rule 144 notice?

The notice covers a planned sale of 1,695 shares of Seagate common stock arising from restricted stock unit vesting on September 11, 2026, with the issuer identified as the source of the shares as compensation for services.

What Seagate (STX) share sales has Gianluca Romano made in the past three months?

The filing lists Seagate common stock sales of 22,211 shares on August 7, 2026, 9,077 shares on August 20, 2026, 1,348 shares on September 10, 2026, and 50,498 shares on September 11, 2026, each with corresponding dollar amounts reported.

What were the reported dollar values of Gianluca Romano’s recent Seagate (STX) stock sales?

The reported aggregate sale prices were $2,190,984.63 for 22,211 shares on August 7, 2026, $7,708,956.50 for 9,077 shares on August 20, 2026, $1,162,156.13 for 1,348 shares on September 10, 2026, and $42,026,854.76 for 50,498 shares on September 11, 2026.

Who signed the Seagate (STX) Form 144 for Gianluca Romano?

The notice is signed by Dawn Ledbetter as Attorney-in-Fact for Gianluca Romano, indicating the filing was made under a power of attorney on behalf of the reporting person.

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

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