STX insider files Form 144 to sell shares
Company STX reported a Form 144 notice indicating proposed sales of Common Stock by an individual associated with the issuer.
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Rhea-AI Filing Summary
Company STX reported a Form 144 notice indicating proposed sales of Common Stock by an individual associated with the issuer. The filing lists a vesting event of 942 shares on 06/11/2026 described as Restricted Stock Unit Vesting for compensation for service. The filing also lists three transactions by John Christopher Morris totaling 6,312 shares sold during the prior three months (112; 5,626; 574) with corresponding proceeds shown in the excerpt.
Insights
Form 144 reports proposed and recent insider sales, including an RSU vesting.
The filing lists a 942-share RSU vesting on 06/11/2026 described as compensation for service and shows recent sales by John Christopher Morris of 112, 5,626, and 574 shares.
These entries are routine disclosures of planned or recent dispositions; cash-flow treatment and whether sales were planned under a trading plan are not stated in the provided excerpt.
The notice fulfills resale reporting obligations but does not itself change capital structure.
Form 144 is a notice of proposed sale under Rule 144; the excerpt includes per-transaction share counts and gross proceeds for prior sales. The document does not state whether remaining shares are held directly or indirectly.
Subsequent filings (Form 4 or broker reports) would show execution details and post-transaction holdings.
Key Figures
Key Terms
Restricted Stock Unit Vesting financial
Form 144 regulatory
Compensation for Service financial
FAQ
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What does STX's Form 144 disclose about insider sales?
Do the Form 144 entries confirm the sales were executed?
Where can I find the dollar amounts for the reported sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.