Seagate EVP sells 3,938.75 shares, gets new awards
Seagate Technology Holdings plc (STX) reported insider transactions by EVP & CLO James CI Lee involving equity awards, option grants, exercises, and sales.
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Form Type
4
Rhea-AI Filing Summary
Seagate Technology Holdings plc (STX) reported insider transactions by EVP & CLO James CI Lee involving equity awards, option grants, exercises, and sales. On August 21, 2026, he sold 3,938.75 Ordinary Shares in open-market or private transactions at 849.3548 per share. On August 20, 2026, 8,920 Restricted Share Units were exercised into Ordinary Shares at no cost. On the same date he received several new equity grants: RSU awards of 1,420 and 1,343 plus 403 additional RSUs, and 3,788 NQ Options with an exercise price of 850.2400 per share expiring in 2033, all subject to multi-year vesting schedules.
Insights
Analyzing...
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
13 txns
Insider
Lee James CI
Role
EVP & CLO
Sold
3,938.75 shs ($3.35M)
Approx. gross sale proceeds
$3.35M
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 667.75 | $849.3548 | $567K |
| Sale | Ordinary Shares | 755 | $849.3548 | $641K |
| Sale | Ordinary Shares | 2,516 | $849.3548 | $2.14M |
| Exercise | Restricted Share Unit F1 | 1,512 | $0.00 | $0.00 |
| Exercise | Restricted Share Unit F2 | 1,710 | $0.00 | $0.00 |
| Exercise | Restricted Share Unit F2 | 5,698 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Unit F3 | 1,420 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Unit F4 | 1,343 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Unit F4 | 403 | $0.00 | $0.00 |
| Grant/Award | NQ Options F5 | 3,788 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 1,512 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 1,710 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 5,698 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Share Unit — 7,702 contracts (Direct);
NQ Options — 3,788 contracts (Direct);
Ordinary Shares — 5,328 shares (Direct)
Footnotes (5)
- F1. Consists of a grant of Restricted Share Unit (RSU) awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan (the "2022 Plan") subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on August 20, 2026 and then in equal quarterly installments thereafter.
- F2. Consists of a grant of RSUs awarded to the Reporting Person under the Plan. 100% of such RSUs vested on the first anniversary of the grant date, August 20, 2026.
- F3. Consists of a grant of RSUs awarded to the Reporting Person under the Plan subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on August 20, 2027 and then in equal quarterly installments thereafter.
- F4. Consists of a grant of RSUs awarded to the Reporting Person under the Plan. Subject to the Reporting Person's continuous employment, 100% of such RSUs will vest on the first anniversary of the grant date, August 20, 2027.
- F5. Consists of Options awarded to the Reporting Person under the Plan subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, such Options vest as to one-quarter of the shares on August 20, 2027 and the remaining portion shall vest in equal monthly installments over the following three years for a total vesting period of four years.
Key Figures
Ordinary Shares sold: 3,938.75 shares
Sale price per share: 849.3548 per share
RSUs exercised into Ordinary Shares: 8,920 shares
+5 more
8 metrics
Ordinary Shares sold
3,938.75 shares
Total of three sale transactions on August 21, 2026
Sale price per share
849.3548 per share
Price for each Ordinary Share sale on August 21, 2026
RSUs exercised into Ordinary Shares
8,920 shares
Derivative exercises (code M) on August 20, 2026 at 0.0000 per share
New RSU grant 1
1,420 RSUs
Grant on August 20, 2026 with four-year vesting schedule starting August 20, 2027
New RSU grant 2
1,343 RSUs
Grant on August 20, 2026, 100% vesting on August 20, 2027
NQ Options granted
3,788 options
Nonqualified stock options granted August 20, 2026
Option exercise price
850.2400 per share
Conversion or exercise price of NQ Options granted August 20, 2026
Option expiration date
August 20, 2033
Expiration of NQ Options granted to the reporting person
Key Terms
Restricted Share Unit, NQ Options, Equity Incentive Plan, vesting schedule, +1 more
5 terms
NQ Options financial
"security_title: "NQ Options""
Equity Incentive Plan financial
"under the Seagate Technology Holdings plc 2022 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
vesting schedule financial
"subject to a four-year vesting schedule"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
continuous employment financial
"Subject to the Reporting Person's continuous employment"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did STX executive James CI Lee report on this Form 4?
James CI Lee, EVP & CLO of STX, reported option and RSU grants, RSU exercises into 8,920 Ordinary Shares, and open-market or private sales totaling 3,938.75 Ordinary Shares on August 20–21, 2026, all held or transacted as direct ownership.
What RSU activity did Seagate (STX) disclose for James CI Lee?
On August 20, 2026, 8,920 RSUs were exercised into Ordinary Shares at 0.0000 per share. He also received new RSU grants of 1,420, 1,343, and 403 units, each subject to specified one-year or four-year vesting schedules tied to continued employment.
What stock options were granted to the STX executive in this filing?
He received 3,788 NQ Options on August 20, 2026, covering the same number of Seagate Ordinary Shares, with an exercise price of 850.2400 per share and an expiration date of August 20, 2033, vesting over a four-year schedule.
Under which plan were the Seagate (STX) equity awards granted?
The RSU and option awards were granted under the Seagate Technology Holdings plc 2022 Equity Incentive Plan, with vesting contingent on the reporting person’s continuous employment over one-year or four-year vesting schedules as described in the footnotes.
Were the Seagate (STX) insider transactions under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not affirmed (set to false), and the footnotes do not state that these transactions were made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
