STOCK TITAN

Seagate (STX) EVP & CTO logs RSU exercises and 573.75-share sale

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

Rhea-AI Filing Summary

Seagate Technology Holdings plc EVP & CTO John Christopher Morris reported RSU vesting and related share sales. On June 9, he exercised restricted share units to acquire a total of 1,130 Ordinary Shares at a conversion price of 0.0000, in connection with grants under the 2022 Equity Incentive Plan that vest over four years.

On June 10, he sold 573.75 Ordinary Shares in open-market transactions at prices between 821.6535 and 821.6642 per share. Following these transactions, he holds 12,199 Ordinary Shares directly, along with remaining unvested RSUs scheduled to continue vesting subject to his continuous employment.

Positive

  • None.

Negative

  • None.
Insider Morris John Christopher
Role EVP & CTO
Sold 573.75 shs ($471K)
Type Security Shares Price Value
Sale Ordinary Shares 254 $821.6642 $209K
Sale Ordinary Shares 319.75 $821.6535 $263K
Exercise Restricted Share Unit 499 $0.00 --
Exercise Restricted Share Unit 631 $0.00 --
Exercise Ordinary Shares 499 $0.00 --
Exercise Ordinary Shares 631 $0.00 --
Holdings After Transaction: Ordinary Shares — 12,199 shares (Direct, null); Restricted Share Unit — 500 shares (Direct, null)
Footnotes (1)
  1. Consists of a grant of RSUs awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan (the "2022 Plan"). Subject to the Reporting Person's continuous employment, such RSUs vested as to one-quarter of the shares on September 9, 2023 and the remaining portion shall vest in equal quarterly installments over the following three years for a total vesting period of four years. 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.
Shares sold 573.75 shares Ordinary Shares sold in open market on June 10, 2026
Sale prices 821.6535–821.6642 per share Ordinary Share open-market sale prices on June 10, 2026
Shares acquired via RSUs 1,130 shares Ordinary Shares from RSU exercises on June 9, 2026
Shares held after transactions 12,199 shares Direct Ordinary Share holdings after June 10, 2026 sales
RSUs remaining grant 1 5,686 units Restricted Share Units remaining after 631-unit exercise (grant F1)
RSUs remaining grant 2 500 units Restricted Share Units remaining after 499-unit exercise (grant F2)
Restricted Share Unit financial
"security_title: "Restricted Share Unit""
A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.
2022 Equity Incentive Plan financial
"awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan"
open-market sale financial
"transaction_action: "open-market sale""
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.
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
vesting period of four years financial
"for a total vesting period of four years"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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).
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*
Morris John Christopher

(Last)(First)(Middle)
SEAGATE TECHNOLOGY 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & CTO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026
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 Shares06/09/2026M499A$012,453D
Ordinary Shares06/10/2026S254D$821.664212,199D
Ordinary Shares06/09/2026M631A$012,830D
Ordinary Shares06/10/2026S319.75D$821.653512,510.25D
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
Restricted Share Unit$006/09/2026M499 (1) (1)Ordinary Shares499$0500D
Restricted Share Unit$006/09/2026M631 (2) (2)Ordinary Shares631$05,686D
Explanation of Responses:
1. Consists of a grant of RSUs awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan (the "2022 Plan"). Subject to the Reporting Person's continuous employment, such RSUs vested as to one-quarter of the shares on September 9, 2023 and the remaining portion shall vest in equal quarterly installments over the following three years for a total vesting period of four years.
2. 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.
Remarks:
/s/ Louis J. Thorson, Attorney-in-Fact for John C. Morris06/11/2026
** 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 did Seagate (STX) EVP & CTO John Christopher Morris report in this Form 4?

He reported RSU vesting and related share sales. Morris exercised restricted share units into 1,130 Ordinary Shares and then sold 573.75 Ordinary Shares in open-market transactions, updating his direct ownership position at Seagate Technology Holdings plc.

How many Seagate (STX) shares did John Christopher Morris sell and at what prices?

He sold 573.75 Ordinary Shares in two open-market transactions. The sales were executed at per-share prices of 821.6535 and 821.6642, as disclosed, reflecting routine liquidity activity rather than a large change in his overall Seagate shareholding.

How many Seagate (STX) shares did John Christopher Morris acquire through RSU exercises?

He acquired 1,130 Ordinary Shares by exercising Restricted Share Units. These RSUs converted at a stated price of 0.0000 per share and were granted under Seagate’s 2022 Equity Incentive Plan, which provides four-year vesting subject to his continued employment.

What is John Christopher Morris’s Seagate (STX) share ownership after these transactions?

After the reported transactions, he directly owns 12,199 Ordinary Shares of Seagate. This figure reflects his holdings following both the RSU conversions into shares and the subsequent open-market sales disclosed in this Form 4 filing.

What are the terms of the Seagate (STX) RSU grants reported for John Christopher Morris?

The RSU grants were made under Seagate’s 2022 Equity Incentive Plan. According to the disclosure, each grant vests over four years, with one-quarter vesting on a specified September 9 date and the remainder vesting in equal quarterly installments, subject to continuous employment.

Does John Christopher Morris still hold unvested RSUs in Seagate (STX)?

Yes. After exercising some Restricted Share Units, he continues to hold additional RSUs under the 2022 Plan. These unvested units are scheduled to vest in equal quarterly installments over the remaining four-year vesting schedules, assuming he remains continuously employed.