Seagate director exercises RSUs, withholds shares for tax
Seagate Technology Holdings plc director Thomas A. Szlosek reported an amended Form 4 reflecting equity award activity tied to a prior restricted share unit grant.
Rhea-AI Filing Summary
Seagate Technology Holdings plc director Thomas A. Szlosek reported an amended Form 4 reflecting equity award activity tied to a prior restricted share unit grant. On October 25, 2025, he exercised 470 restricted share units, receiving the same number of Ordinary Shares at no cash cost.
Of these shares, 113 Ordinary Shares at $234.12 per share were automatically withheld to cover tax obligations, a disposition classified as payment of tax liability, leaving 357 Ordinary Shares held directly. The amendment is described as being made due to an administrative oversight, and the RSUs were originally granted on August 23, 2025 under the 2022 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 470 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 470 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 113 | $234.12 | $26K |
Footnotes (2)
- F1. This amendment is being filed due to an administrative oversight.
- F2. Consists of a grant of restricted share units (RSUs) awarded to the Reporting Person on August 23, 2025 under the Seagate Technology Holdings plc 2022 Equity Incentive Plan for no consideration. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. Subject to the Reporting Person's continuous service with the Issuer, shares were released to the Reporting Person on the date of the next annual general meeting of shareholders of the Issuer following the end of the fiscal year ending on June 27, 2025.
FAQ
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What insider transaction did Thomas A. Szlosek report for Seagate (STX)?
What does the tax-withholding transaction in Szlosek’s Seagate (STX) filing mean?
Why is this Seagate (STX) Form 4/A labeled as an amendment?
Under which plan were Szlosek’s Seagate (STX) RSUs issued and how do they settle?
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