STX insider Ban Seng Teh exercises options, ends with 18,041 shares
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 1,410 shares ($318,040)
Net Sell
5 txns
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)
- 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.
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.
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).