Seagate officer plans $41.2M Rule 144 stock sale
Seagate Technology Holdings plc (STX) received a notice that officer Ban Seng Teh has filed to sell 52,730 shares of Seagate common stock under Rule 144 through Morgan Stanley Smith Barney LLC Executive Financial Services on NASDAQ.
Rhea-AI Filing Summary
Seagate Technology Holdings plc (STX) received a notice that officer Ban Seng Teh has filed to sell 52,730 shares of Seagate common stock under Rule 144 through Morgan Stanley Smith Barney LLC Executive Financial Services on NASDAQ. The notice lists prior Rule 144 sales of Seagate common stock by the same person during the past three months.
Positive
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Negative
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Key Figures
Shares proposed for sale: 52,730 shares
Aggregate market value of proposed sale: $41,239,128.49
Common shares referenced: 226,644,518 shares
+3 more
6 metrics
Shares proposed for sale
52,730 shares
Common stock covered by the Rule 144 notice
Aggregate market value of proposed sale
$41,239,128.49
Value listed for 52,730 common shares in the securities information
Common shares referenced
226,644,518 shares
Common stock figure shown in the securities information section
Recent sale on August 13, 2026
7,361 shares; $6,778,028.17
Seagate common shares sold by Ban Seng Teh during the past three months
Recent sale on August 20, 2026
6,048 shares; $5,098,254.74
Seagate common shares sold by Ban Seng Teh during the past three months
Recent sale on August 21, 2026
9,862 shares; $8,411,971.40
Seagate common shares sold by Ban Seng Teh during the past three months
Key Terms
Rule 144, Performance Shares, NASDAQ
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.
NASDAQ market
"09/15/2026 | NASDAQ"
The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing disclose for Seagate Technology Holdings plc (STX)?
The filing discloses that officer Ban Seng Teh has filed a Rule 144 notice to potentially sell 52,730 shares of Seagate common stock through Morgan Stanley Smith Barney LLC Executive Financial Services on NASDAQ.
What is the aggregate market value associated with the proposed Seagate (STX) sale?
The Form 144 lists an aggregate market value of $41,239,128.49 for the 52,730 Seagate common shares covered by the notice, based on the information provided in the securities section.
AI-generated analysis. How Rhea-AI works. Not financial advice.