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Seagate (STX) Form 144 Reveals 20,000-Share Proposed Sale via Morgan Stanley

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

Rhea-AI Filing Summary

Form 144 notice for Seagate Technology Holdings plc (STX) discloses a proposed sale of 20,000 common shares through Morgan Stanley Smith Barney LLC on NASDAQ with an aggregate market value of $4,721,200 and shares outstanding of 212,677,178. The shares were acquired as RSUs/PSUs on 09/09/2024 (20,000 shares) with payment recorded the same day. The filing also reports two Rule 10b5-1 sales attributed to William Mosley: 20,000 shares sold on 09/02/2025 for $3,379,482 and 20,000 shares sold on 08/01/2025 for $3,074,962. The filer represents no undisclosed material adverse information and indicates reliance on 10b5-1 where applicable.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Insider sale disclosure shows routine RSU/PSU monetization and prior 10b5-1 plan sales; not obviously material to company fundamentals.

The filing documents a proposed sale of 20,000 common shares with an aggregate market value of $4,721,200, acquired as RSUs/PSUs on 09/09/2024. Two recent 10b5-1 sales by William Mosley totaling 40,000 shares generated roughly $6.45 million in gross proceeds during August–September 2025. As a proportion of 212,677,178 shares outstanding, the disclosed sale size is small. The disclosure conforms to Rule 144 and notes reliance on 10b5-1 mechanisms, which supports procedural compliance but does not itself indicate company performance changes.

TL;DR: Filing shows proper insider reporting and use of 10b5-1 plans; transparency is positive though insider selling is disclosed.

The notice identifies the broker, sale date (approximate date 10/01/2025), acquisition method (RSUs/PSUs on 09/09/2024), and recent aggregated 10b5-1 sales. The signature representation affirms no undisclosed material adverse information. These elements reflect standard insider compliance practices. The document lacks the filer CIK and named filer contact information in the provided extract, which are typically present in full filings.

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