STOCK TITAN

John Morris files Form 144 reporting STX sales (NASDAQ: STX)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

John Morris filed a Form 144 reporting proposed sales of Common Stock of the issuer via Morgan Stanley Smith Barney LLC. The filing lists planned dispositions tied to grants dated 07/31/2024, 10/21/2024, and 12/09/2024, and records recent 10b5-1 sales of 240 shares on 02/24/2026 and 112 shares on 03/13/2026.

Positive

  • None.

Negative

  • None.

Insights

Form 144 documents planned sales and recent 10b5-1 dispositions by an affiliate.

The filing lists proposed common stock dispositions tied to equity awards dated 07/31/2024 (430 shares), 10/21/2024 (3,799 shares), and 12/09/2024 (2,463 shares). It also records executed 10b5-1 sales of 240 and 112 shares on the dates shown.

Cashflow treatment and whether the listed awarded shares are being sold now or merely referenced are not specified in the excerpt; subsequent filings would state completed dispositions or broker-handling details.

10b5-1 sale 240 shares sold on 02/24/2026
10b5-1 sale 112 shares sold on 03/13/2026
Employee Stock Purchase Plan shares 430 shares award date 07/31/2024
Performance Stock Units 3,799 shares award date 10/21/2024
Restricted Stock Units 2,463 shares award date 12/09/2024
Form 144 regulatory
"filed a Form 144 reporting proposed sales of Common Stock"
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.
10b5-1 regulatory
"10b5-1 Sales for JOHN MORRIS 121 Woodlands Avenue"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Restricted Stock Units financial
"Restricted Stock Units | Issuer | 2463 | 12/09/2024"
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.
Performance Stock Units financial
"Performance Stock Units | Issuer | 3799 | 10/21/2024"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

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

FAQ

What does John Morris's Form 144 for STX disclose?

The filing discloses planned common stock dispositions and prior sales. It lists award dates with 430, 3,799, and 2,463 shares and executed 10b5-1 sales of 240 and 112 shares on the dates shown.

How many shares did John Morris sell under 10b5-1 recently?

Two 10b5-1 sales are recorded: 240 shares on 02/24/2026 and 112 shares on 03/13/2026, with dollar amounts shown in the excerpt for each trade.

Which equity award types are listed on the Form 144?

The filing lists three award types: an Employee Stock Purchase Plan (07/31/2024), Performance Stock Units (10/21/2024), and Restricted Stock Units (12/09/2024), with share counts shown for each.

Does the Form 144 show who will receive sale proceeds?

The excerpt does not state proceeds recipients. It names Morgan Stanley Smith Barney LLC as the broker and shows trade amounts, but it does not specify who receives the sale proceeds in this excerpt.