Seagate Technology (NASDAQ: STX) CEO discloses RSU vesting and remaining awards
Rhea-AI Filing Summary
Seagate Technology Holdings plc CEO and director William D. Mosley reported equity compensation-related share transactions dated December 9, 2025. Through the vesting of restricted share units (RSUs), he acquired 2,815 and 2,415 ordinary shares at a price of $0, reflecting grants made under the Seagate Technology Holdings plc 2022 Equity Incentive Plan (the "2022 Plan").
On the same date, 1,423 and 1,221 ordinary shares were disposed of at $282.86 per share in code "F" transactions, and Mosley held 448,254 ordinary shares directly following the reported activity. The two RSU grants each have four-year vesting schedules: for one grant, one quarter vested on September 9, 2023; for the other, one quarter vested on September 9, 2025, with remaining portions vesting in equal quarterly installments over the following three years. After these transactions, he continued to hold 8,445 and 26,573 RSUs from the two grants.
Positive
- None.
Negative
- None.
FAQ
What insider share transactions did Seagate Technology (STX) CEO report on December 9, 2025?
CEO and director William D. Mosley reported RSU-related activity on December 9, 2025. He acquired 2,815 and 2,415 ordinary shares at a price of $0 through the vesting of restricted share units, and disposed of 1,423 and 1,221 shares at $282.86 per share in code "F" transactions.
How many Seagate Technology (STX) shares does William D. Mosley hold after these transactions?
Following the reported December 9, 2025 transactions, William D. Mosley beneficially owned 448,254 Seagate Technology Holdings plc ordinary shares directly.
What RSU awards are involved in the Seagate Technology (STX) CEO’s Form 4 filing?
The filing involves two grants of restricted share units (RSUs) awarded under the Seagate Technology Holdings plc 2022 Equity Incentive Plan (the "2022 Plan"). These RSUs were the source of the 2,815 and 2,415 ordinary shares acquired at $0 upon vesting.
What is the vesting schedule for the RSUs held by Seagate Technology (STX) CEO William D. Mosley?
For the first RSU grant, one quarter of the shares vested on September 9, 2023, with the remaining portion vesting in equal quarterly installments over the following three years, for a total four-year vesting period. For the second grant, one quarter vested on September 9, 2025, with the rest also vesting in equal quarterly installments over the next three years.
How many restricted share units does the Seagate Technology (STX) CEO continue to hold?
After the December 9, 2025 transactions, William D. Mosley continued to beneficially own 8,445 RSUs from one grant and 26,573 RSUs from another grant, both under the 2022 Plan.
Do the reported Seagate Technology (STX) insider transactions involve open-market share purchases?
No. The reported activity consists of RSU vesting (code "M") resulting in shares acquired at $0 and code "F" transactions disposing of shares at $282.86 per share, rather than open-market purchases.