Seagate (NASDAQ: STX) EVP gains 678 shares as long-term equity RSUs vest
Rhea-AI Filing Summary
Seagate Technology Holdings plc reported that its EVP Global Operations, Kian Fatt Chong, acquired 678 ordinary shares on 12/11/2025 through the vesting and conversion of restricted share units at an exercise price of $ 0.
Following this transaction, he directly owns 1,258 ordinary shares and 4,748 restricted share units. The RSUs were granted under the Seagate Technology Holdings plc 2022 Equity Incentive Plan and vest over four years, with one-quarter vesting on September 11, 2024 and the remainder in equal quarterly installments over the following three years, subject to continued employment.
Positive
- None.
Negative
- None.
FAQ
Who is the insider in this Seagate (STX) Form 4 filing?
The reporting person is Kian Fatt Chong, who serves as EVP Global Operations of Seagate Technology Holdings plc.
How many Seagate (STX) shares did the executive acquire on 12/11/2025?
On 12/11/2025, Kian Fatt Chong acquired 678 ordinary shares of Seagate Technology Holdings plc through the vesting and conversion of restricted share units.
What is the Seagate (STX) executive's ownership after this Form 4 transaction?
After the reported transaction, Kian Fatt Chong directly owns 1,258 ordinary shares and 4,748 restricted share units of Seagate Technology Holdings plc.
What type of derivative security was involved in this Seagate (STX) Form 4?
The Form 4 reports restricted share units as the derivative security, each with an exercise price of $ 0 and each representing one ordinary share of Seagate Technology Holdings plc.
How do the restricted share units for the Seagate (STX) EVP vest?
Under the Seagate Technology Holdings plc 2022 Equity Incentive Plan, the restricted share units granted to Kian Fatt Chong vest over four years: one-quarter vested on September 11, 2024, with the remaining units vesting in equal quarterly installments over the following three years, subject to continuous employment.