Seagate (NASDAQ: STX) officer plans $435K stock sale
Rhea-AI Filing Summary
Seagate Technology Holdings plc (STX) had an officer, John Morris, file a notice under Rule 144 to sell 523 shares of common stock. The shares are to be sold on 08/20/2026 on NASDAQ through Morgan Stanley Smith Barney LLC following an exercise of stock options for cash.
The filing also lists prior sales of Seagate common stock by John Morris during the preceding three months under a Rule 10b5-1 trading plan and directly, including individual transactions of 168, 898, 466, and 574 shares with corresponding dollar amounts.
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Key Figures
Planned shares to be sold: 523 shares
Aggregate market value of planned sale: $435,428.88
Shares sold on 08/03/2026: 168 shares
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8 metrics
Planned shares to be sold
523 shares
Common stock sale planned for 08/20/2026 following stock option exercise
Aggregate market value of planned sale
$435,428.88
Value associated with 523 shares of common stock in the planned Rule 144 sale
Shares sold on 08/03/2026
168 shares
10b5-1 sale of common stock for $137,383.68
Proceeds on 08/03/2026 sale
$137,383.68
10b5-1 sale of 168 shares of common stock
Shares sold on 06/12/2026 (10b5-1)
898 shares
10b5-1 sale of common stock for $790,410.62
Proceeds on 06/12/2026 (10b5-1) sale
$790,410.62
10b5-1 sale of 898 shares of common stock
Shares sold on 06/10/2026
574 shares
Sale of common stock for $471,631.83
Proceeds on 06/10/2026 sale
$471,631.83
Sale of 574 shares of common stock
Key Terms
Rule 144, 10b5-1, Exercise of Stock Options, Form 144
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
10b5-1 regulatory
"10b5-1 Sales for JOHN MORRIS 121 Woodlands Avenue 5 Singapore"
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.
Exercise of Stock Options financial
"Common | 08/20/2026 | Exercise of Stock Options | Issuer"
Form 144 regulatory
"144: Securities Sold During The Past 3 Months"
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.
FAQ
What does the Form 144 filing disclose for Seagate Technology Holdings plc (STX)?
The filing discloses that officer John Morris plans to sell 523 shares of Seagate common stock on 08/20/2026 on NASDAQ, with the shares coming from an exercise of stock options and to be sold through Morgan Stanley Smith Barney LLC for cash.
What prior Seagate (STX) stock sales by John Morris are listed in the last three months?
The notice lists prior sales of Seagate common stock: 168 shares for $137,383.68 on 08/03/2026, 898 shares for $790,410.62 on 06/12/2026, 466 shares for $410,168.54 on 06/12/2026, and 574 shares for $471,631.83 on 06/10/2026.
Are the recent Seagate (STX) stock sales by John Morris under a 10b5-1 plan?
Yes. The filing identifies certain recent sales as 10b5-1 Sales for JOHN MORRIS, including transactions on 08/03/2026 involving 168 shares and on 06/12/2026 involving 898 shares, executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.