STOCK TITAN

STX insider Ban Seng Teh exercises options, ends with 18,041 shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Seagate Technology (STX): Form 4 insider transaction. EVP & Chief Commercial Officer Ban Seng Teh exercised options for 532 shares at $68.83 and 878 shares at $64.31 on 10/13/2025, then sold 1,410 ordinary shares at $225.56. Following these transactions, he held 18,041 shares directly. All transactions were made under a Rule 10b5-1 trading plan adopted on October 31, 2024.

Positive

  • None.

Negative

  • None.
Insider Teh Ban Seng
Role EVP & Chief Commercial Officer
Sold 1,410 shs ($318K)
Type Security Shares Price Value
Exercise NQ Options 532 $0.00 --
Exercise NQ Options 878 $0.00 --
Exercise Ordinary Shares 532 $68.83 $37K
Exercise Ordinary Shares 878 $64.31 $56K
Sale Ordinary Shares 1,410 $225.56 $318K
Holdings After Transaction: NQ Options — 5,858 shares (Direct); Ordinary Shares — 18,573 shares (Direct)
Footnotes (1)
  1. All transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 31, 2024. Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. One-quarter of the options vested on September 9, 2023 and the remaining options vest in equal monthly installments over the 36 months following September 9, 2023. Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. One-quarter of the options vested on September 11, 2024 and the remaining options vest in equal monthly installments over the 36 months following September 11, 2024.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Teh Ban Seng

(Last) (First) (Middle)
SEAGATE TECHNOLOGY HOLDINGS PLC
47488 KATO ROAD

(Street)
FREMONT CA 94538

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Seagate Technology Holdings plc [ STX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Chief Commercial Officer
3. Date of Earliest Transaction (Month/Day/Year)
10/13/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Shares 10/13/2025 M 532(1) A $68.83 18,573 D
Ordinary Shares 10/13/2025 M 878 A $64.31 19,451 D
Ordinary Shares 10/13/2025 S 1,410 D $225.56 18,041 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
NQ Options $68.83 10/13/2025 M 532 (2) 09/09/2029 Ordinary Shares 532 $0 5,858 D
NQ Options $64.31 10/13/2025 M 878 (3) 09/11/2030 Ordinary Shares 878 $0 20,212 D
Explanation of Responses:
1. All transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 31, 2024.
2. Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. One-quarter of the options vested on September 9, 2023 and the remaining options vest in equal monthly installments over the 36 months following September 9, 2023.
3. Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. One-quarter of the options vested on September 11, 2024 and the remaining options vest in equal monthly installments over the 36 months following September 11, 2024.
Remarks:
/s/ Louis J. Thorson, Attorney-in-Fact for Ban Seng Teh 10/15/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Seagate (STX) EVP Ban Seng Teh report on this Form 4?

He exercised 532 options at $68.83 and 878 options at $64.31, then sold 1,410 shares at $225.56 on 10/13/2025.

How many Seagate (STX) shares does the reporting person hold after the transactions?

Beneficial ownership after the reported transactions is 18,041 shares, held directly.

Were these Seagate (STX) trades under a 10b5-1 plan?

Yes. All transactions were made under a Rule 10b5-1 plan adopted on October 31, 2024.

What is the position of the reporting person at Seagate (STX)?

He is the EVP & Chief Commercial Officer.

What were the transaction codes used in the Form 4 for Seagate (STX)?

Code M for option exercises and code S for the sale of shares.

What were the option series referenced in the filing?

Non-qualified stock options with exercise prices of $68.83 (expiring 09/09/2029) and $64.31 (expiring 09/11/2030).