Seagate officer plans $518K tax-cover sale
An officer of Seagate Technology Holdings plc plans a small Rule 144 sell-to-cover transaction to satisfy tax withholding on vested restricted stock units.
Rhea-AI Filing Summary
Seagate Technology Holdings plc (STX) has a notice of proposed sales under Rule 144 filed on behalf of officer John Christopher Morris. The notice covers a planned sale of 601 shares of common stock on or after September 10, 2026, with an aggregate market value of $518,022.27.
The shares relate to restricted stock units vesting on September 9, 2026 (631 and 500 underlying shares) granted as compensation for services. The filing states that sales will be made pursuant to issuer-mandated sell-to-cover transactions solely to satisfy tax withholding obligations, not as discretionary open-market sales.
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Key Figures
Key Terms
Rule 144 regulatory
Restricted Stock Unit Vesting financial
sell-to-cover financial
FAQ
What amount of Seagate (STX) stock is covered by this Rule 144 notice?
What is the purpose of the Seagate (STX) stock sale disclosed in this Form 144?
When are the Seagate (STX) restricted stock units vesting that underlie this Form 144 sale?
What Seagate (STX) stock sales has John Christopher Morris reported in the past three months?
AI-generated analysis. How Rhea-AI works. Not financial advice.