Insider files Form 144 to sell 7,361 shares of STX (NASDAQ: STX)
Rhea-AI Filing Summary
An affiliate of Ban Seng Teh filed to potentially sell up to 7,361 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services on NASDAQ, with a noted date of 08/13/2026. The filing also lists prior sales over the past three months, including 8,003 shares on 05/14/2026, 663 shares on 06/10/2026, and 989 shares on 06/12/2026, each with stated aggregate transaction values.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 7,361 shares
Shares from stock option exercise: 6,002 shares
Restricted stock source 1: 599 shares
+5 more
8 metrics
Shares to be sold
7,361 shares
Common stock listed with Morgan Stanley Smith Barney LLC EFS and NASDAQ, dated 08/13/2026
Shares from stock option exercise
6,002 shares
Common stock from Stock Option Exercise with issuer, dated 08/13/2026
Restricted stock source 1
599 shares
Common stock from Restricted Stock, dated 03/09/2026
Restricted stock source 2
599 shares
Common stock from Restricted Stock, dated 06/09/2026
ESPP shares
161 shares
Common stock from Employee Stock Purchase Plan, dated 01/30/2026
Sale on 05/14/2026
8,003 shares; 6,540,725.45 aggregate
Common stock sold by Ban Seng Teh during the past 3 months
Sale on 06/10/2026
663 shares; 544,893.18 aggregate
Common stock sold by Ban Seng Teh during the past 3 months
Sale on 06/12/2026
989 shares; 870,507.91 aggregate
Common stock sold by Ban Seng Teh during the past 3 months
Key Terms
Form 144, Stock Option Exercise, Restricted Stock, Employee Stock Purchase Plan, +1 more
5 terms
Form 144 regulatory
"144: Securities To Be Sold Common | 08/13/2026 | Stock Option Exercise"
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.
Stock Option Exercise financial
"Common | 08/13/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
Restricted Stock financial
"Common | 03/09/2026 | Restricted Stock | Issuer"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Employee Stock Purchase Plan financial
"Common | 01/30/2026 | Employee Stock Purchase Plan | Issuer"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"
FAQ
Who is the reporting person in the STX Form 144 and what is their address?
The reporting person is Ban Seng Teh, with an address at 121 Woodlands Avenue 5, Singapore 739009. This information helps identify the insider or affiliate responsible for the proposed and recent share transactions.
What types of STX equity awards are referenced in the Form 144?
The filing references several equity sources: Stock Option Exercise, Restricted Stock (with dates 03/09/2026 and 06/09/2026), and an Employee Stock Purchase Plan dated 01/30/2026, each tied to specific share amounts potentially available for sale.
Through which broker will the STX Form 144 sales be executed?
The proposed sale of up to 7,361 shares is associated with Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, as the broker handling the potential transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.