Seagate CFO sells 1,348 shares after RSU vesting
Seagate’s CFO exercised 2,474 RSU-based shares and sold 1,348 Ordinary Shares in mid-September 2026 as part of equity compensation activity.
Rhea-AI Filing Summary
Seagate Technology Holdings plc (STX) reported that EVP & CFO Gianluca Romano sold a total of 1,348 Ordinary Shares on September 10, 2026 in open-market or private sales at prices around $862.13 per share. On September 9, 2026, previously granted Restricted Share Units (RSUs) under the 2022 Equity Incentive Plan were exercised, delivering 2,474 Ordinary Shares as part of multi-year vesting schedules.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
6 txns
Insider
Romano Gianluca
Role
EVP & CFO
Sold
1,348 shs ($1.16M)
Approx. gross sale proceeds
$1.16M
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 522.5 | $862.1332 | $450K |
| Sale | Ordinary Shares | 825.5 | $862.1339 | $712K |
| Exercise | Restricted Share Unit F1 | 959 | $0.00 | $0.00 |
| Exercise | Restricted Share Unit F2 | 1,515 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 959 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 1,515 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Share Unit — 12,128 contracts (Direct);
Ordinary Shares — 29,620 shares (Direct)
Footnotes (2)
- F1. Consists of a grant of RSUs awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan (the "2022 Plan"). One-quarter of the shares vested on September 9, 2023 and the remaining portion vested in equal quarterly installments over the following three years for a total vesting period of four years.
- F2. Consists of a grant of RSUs awarded to the Reporting Person under the 2022 Plan. Subject to the Reporting Person's continuous employment one-quarter vested on September 9, 2025 and the remaining portion shall vest in equal quarterly installments over the following three years for a total vesting period of four years.
Key Figures
Shares sold: 1,348 shares
Sale price (lot 1): $862.1332 per share
Sale price (lot 2): $862.1339 per share
+3 more
6 metrics
Shares sold
1,348 shares
Total Ordinary Shares sold by the CFO on September 10, 2026
Sale price (lot 1)
$862.1332 per share
522.5 Ordinary Shares sold on September 10, 2026
Sale price (lot 2)
$862.1339 per share
825.5 Ordinary Shares sold on September 10, 2026
RSU shares exercised
2,474 shares
Total Ordinary Shares received from RSU exercises on September 9, 2026
Exercise price for RSUs
$0.00 per share
RSUs converting into 959 and 1,515 Ordinary Shares
RSU vesting period
4 years
Each RSU grant vests over four years in quarterly installments after initial one-quarter vesting
Key Terms
Restricted Share Unit, 2022 Equity Incentive Plan, Ordinary Shares
3 terms
2022 Equity Incentive Plan financial
"awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Seagate (STX) disclose for CFO Gianluca Romano?
The filing shows Gianluca Romano, Seagate’s EVP & CFO, sold 1,348 Ordinary Shares on September 10, 2026 and exercised RSUs converting into 2,474 Ordinary Shares on September 9, 2026 as part of equity compensation vesting.
What RSU exercises did the CFO report in this Seagate (STX) Form 4?
On September 9, 2026 RSUs for 959 shares and 1,515 shares were exercised at a $0.00 exercise price, converting into an equal number of Ordinary Shares under Seagate’s 2022 Equity Incentive Plan.
What are the vesting terms for the Seagate (STX) RSUs referenced in the filing?
For one grant, one-quarter vested on September 9, 2023 with the balance vesting in equal quarterly installments over the following three years. For another, one-quarter vested on September 9, 2025, with the remainder scheduled to vest quarterly over the next three years.
Was the Seagate (STX) CFO’s September 2026 trading under a Rule 10b5-1 plan?
The Form 4 indicates no Rule 10b5-1 trading plan affirmation for these transactions, and the footnotes do not state that the sales were made pursuant to such a plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.