STOCK TITAN

STX insider files Rule 144 to sell 6,781 shares — $1.30M on NASDAQ

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

Rhea-AI Filing Summary

Form 144 notice for Seagate Technology Holdings PLC (STX) reports a proposed sale of 6,781 common shares through Morgan Stanley Smith Barney on NASDAQ with an aggregate market value of $1,298,764.93 and an approximate sale date of 09/10/2025. The filing shows those shares were acquired as restricted stock in four grants dated 12/11/2024, 03/11/2025, 06/11/2025 and 09/09/2025 totaling the 6,781 shares listed. The filer also reported five sales during the past three months totaling 12,676 shares with gross proceeds shown for each transaction. The notice includes the required certification that the seller is not aware of undisclosed material adverse information.

Positive

  • Compliance: The filer submitted a Rule 144 notice and provided required details including broker, acquisition dates, and recent sales.
  • Transparency: The filing lists acquisition dates and the nature of the shares as restricted stock, aiding investor understanding of the origin of shares.

Negative

  • None.

Insights

TL;DR: Routine insider sale notice; size appears modest relative to large-cap issuer, likely neutral for valuation.

The Form 144 documents a proposed Rule 144 sale of 6,781 restricted shares through a broker, with an indicated market value of $1.30 million. The filing discloses acquisition dates and that the grants originated from the issuer, confirming this is disposition of restricted stock rather than an open-market transfer from a third party. Recent disclosed sales in the prior three months total 12,676 shares with stated gross proceeds per trade. From a compliance standpoint, the filer has satisfied Rule 144 notice requirements; from an investor-impact perspective, the disclosed volumes and dollar amounts are modest and do not, by themselves, indicate a material change to outstanding share count or capital structure.

TL;DR: Filing is a standard notification of proposed insider sales under Rule 144; no governance red flags evident.

The document contains required details: broker name and address, class of shares, acquisition dates, nature of acquisition (restricted stock), and recent sale history for the reporting person. The signature/attestation language reaffirms the filer attests to absence of undisclosed material adverse information. There is no disclosure here of any trading plan adoption date or other governance irregularity. Based on the content provided, this is a routine disclosure consistent with Rule 144 obligations.

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 the Form 144 filed for STX disclose about the proposed sale?

The filing discloses a proposed sale of 6,781 common shares via Morgan Stanley Smith Barney on NASDAQ with an aggregate market value of $1,298,764.93 and an approximate sale date of 09/10/2025.

When were the shares being offered under the Form 144 originally acquired?

The shares were acquired as restricted stock on 12/11/2024 (988 shares), 03/11/2025 (988 shares), 06/11/2025 (988 shares), and 09/09/2025 (3,817 shares).

Does the Form 144 show recent sales by the same person?

Yes. The filer reported five sales in the past three months totaling 12,676 shares on dates between 06/11/2025 and 08/11/2025 with individual gross proceeds listed for each trade.

Through which broker will the proposed sale be executed?

The proposed sale lists Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004 as the broker.

Does the filing indicate any undisclosed material adverse information about the issuer?

The filing includes the seller's signed representation that they do not know of any material adverse information regarding the issuer that has not been publicly disclosed.
Seagate Technology Hldngs Plc

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