Seagate Technology (STX) CTO discloses RSU-related share moves on December 9, 2025
Rhea-AI Filing Summary
Seagate Technology Holdings plc executive vice president and chief technology officer John C. Morris reported equity compensation-related share movements dated December 9, 2025. He acquired 499 and 631 ordinary shares at a price of $0 per share through the conversion of restricted share units and disposed of 228 and 288 ordinary shares at $282.86 per share.
After these transactions, he directly beneficially owned 13,852 ordinary shares. He also continued to hold 1,498 and 6,948 restricted share units granted under the Seagate Technology Holdings plc 2022 Equity Incentive Plan, with each grant vesting over a four-year period: one quarter of the shares vested on September 9, 2023 and September 9, 2025 respectively, and the remaining portions vest in equal quarterly installments over the following three years, subject to his continuous employment.
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FAQ
What did Seagate Technology's EVP & CTO report in this SEC filing for STX?
The filing shows that John C. Morris, EVP & CTO of Seagate Technology Holdings plc, reported acquisitions and dispositions of ordinary shares on December 9, 2025 that occurred in connection with the conversion of restricted share units granted under the company’s 2022 Equity Incentive Plan.
How many Seagate ordinary shares does John C. Morris own after the December 9, 2025 transactions?
Following the reported transactions on December 9, 2025, John C. Morris beneficially owned 13,852 ordinary shares of Seagate Technology Holdings plc directly.
What ordinary share amounts were acquired and disposed of by the Seagate CTO on December 9, 2025?
On December 9, 2025, he acquired 499 and 631 ordinary shares at a price of $0 per share and disposed of 228 and 288 ordinary shares at a price of $282.86 per share.
What restricted share unit (RSU) grants are referenced for Seagate Technology (STX), and how do they vest?
The filing references two RSU grants under the Seagate Technology Holdings plc 2022 Equity Incentive Plan. For the first, 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 vesting period of four years, subject to continuous employment. For the second, one quarter vested on September 9, 2025, with the remaining portion vesting in equal quarterly installments over the following three years, also for a four-year total vesting period, subject to continuous employment.
How many restricted share units does John C. Morris continue to hold after the reported transactions?
After the December 9, 2025 transactions, the filing shows that John C. Morris beneficially owned 1,498 restricted share units from one grant and 6,948 restricted share units from another grant.
Under which plan were the Seagate RSUs in this filing granted?
The restricted share units described in the filing were granted to the reporting person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan, referred to as the “2022 Plan.”