STOCK TITAN

Seagate (STX) director Prat Bhatt sells 1,000 shares under Rule 10b5-1 plan

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

Rhea-AI Filing Summary

Seagate Technology Holdings plc director Prat Bhatt reported an open-market sale of 1,000 Ordinary Shares of Seagate on 2026-06-02 at an average price of $929.88 per share. After this transaction, Bhatt directly holds 12,869 Ordinary Shares. All transactions were executed under a pre-established Rule 10b5-1 trading plan adopted on March 3, 2026, indicating they were pre-planned rather than discretionary trades.

Positive

  • None.

Negative

  • None.
Insider BHATT PRAT
Role null
Sold 1,000 shs ($930K)
Type Security Shares Price Value
Sale Ordinary Shares 1,000 $929.88 $930K
Holdings After Transaction: Ordinary Shares — 12,869 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 1,000 shares Ordinary Shares sold in open-market transaction on 2026-06-02
Sale price $929.88 per share Average price for the 1,000 Ordinary Shares sold
Shares held after 12,869 shares Director Prat Bhatt’s direct Seagate holdings after the sale
Net share change 1,000 shares Net-sell direction per transaction summary
10b5-1 plan adoption date March 3, 2026 Date Bhatt adopted the Rule 10b5-1 trading plan
Rule 10b5-1 trading plan regulatory
"All transactions were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action is described as an open-market sale of Ordinary Shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"All transactions reported in this Form 4 were effected pursuant to a plan"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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SEC Form 4
FORM 4UNITED 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).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
BHATT PRAT

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

(Street)
FREMONT CALIFORNIA 94538

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Seagate Technology Holdings plc [ STX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Ordinary Shares06/02/2026S1,000(1)D$929.8812,869D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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 March 3, 2026.
Remarks:
/s/ Louis J. Thorson, Attorney-in-Fact for Prat Bhatt06/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Seagate (STX) director Prat Bhatt report?

Director Prat Bhatt reported selling 1,000 Seagate Ordinary Shares in an open-market transaction. The sale occurred on 2026-06-02 at an average price of $929.88 per share, as disclosed in a Form 4 insider trading report.

At what price did Seagate (STX) shares sell in Prat Bhatt’s Form 4 filing?

The reported shares sold at an average price of $929.88 per Ordinary Share. This price applies to the 1,000 shares sold in the open-market transaction disclosed in the Form 4 filed for director Prat Bhatt.

How many Seagate (STX) shares does Prat Bhatt hold after this transaction?

Following the reported sale, Prat Bhatt directly holds 12,869 Seagate Ordinary Shares. This share count reflects his position after disposing of 1,000 shares in the open-market transaction recorded in the Form 4 filing.

Was the Seagate (STX) insider sale by Prat Bhatt made under a Rule 10b5-1 plan?

Yes, the Form 4 states all reported transactions were made under a Rule 10b5-1 trading plan. The plan was adopted by Prat Bhatt on March 3, 2026, indicating the sale was pre-scheduled rather than a spur-of-the-moment decision.

What type of transaction is reported in Seagate (STX) director Prat Bhatt’s Form 4?

The Form 4 reports an open-market sale of Ordinary Shares. Specifically, it shows a sale of 1,000 shares coded as an “S” transaction, described as a sale in open market or private transaction under SEC rules.

Does the Seagate (STX) Form 4 show any option exercises or derivative transactions?

No, the filing reflects only a non-derivative transaction involving Ordinary Shares. The derivative summary in the data is empty, and the transaction code indicates a straightforward open-market share sale rather than an option exercise or conversion.