Seagate (NASDAQ: STX) CFO sells 9,076.25 shares, gets new options
Rhea-AI Filing Summary
Seagate Technology Holdings plc (STX) reported insider equity activity by EVP & CFO Gianluca Romano. On August 20, 2026, Romano acquired 16,907 Ordinary Shares through vesting/settlement of Restricted Share Units and was granted 6,612 new RSUs plus 11,360 nonqualified stock options with an exercise price of $850.2400 per share. On August 21, 2026, he sold a total of 9,076.25 Ordinary Shares at $849.3548 per share in open-market or private transactions; post-transaction share holdings are not stated.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,705 | $849.3548 | $2.30M |
| Sale | Ordinary Shares | 4,900.75 | $849.3548 | $4.16M |
| Sale | Ordinary Shares | 1,470.5 | $849.3548 | $1.25M |
| Exercise | Restricted Share Unit F1 | 5,039 | $0.00 | $0.00 |
| Exercise | Restricted Share Unit F2 | 9,129 | $0.00 | $0.00 |
| Exercise | Restricted Share Unit F2 | 2,739 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Unit F3 | 4,259 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Unit F4 | 1,810 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Unit F4 | 543 | $0.00 | $0.00 |
| Grant/Award | NQ Stock Options F5 | 11,360 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 5,039 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 9,129 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 2,739 | $0.00 | $0.00 |
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. Subject to the Reporting Person's continuous employment, 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
Key Terms
Equity Incentive Plan financial
vesting schedule financial
Nonqualified stock options financial
FAQ
What insider transactions did Seagate (STX) CFO Gianluca Romano report on this Form 4?
Gianluca Romano reported three sales totaling 9,076.25 Ordinary Shares on August 21, 2026 at $849.3548 per share, along with RSU vesting for 16,907 shares and new equity awards, including 6,612 RSUs and 11,360 stock options granted on August 20, 2026.
What equity awards did Seagate (STX) grant to the CFO in this filing?
On August 20, 2026, the CFO received 6,612 Restricted Share Units (in three RSU grants) and 11,360 nonqualified stock options with an exercise price of $850.2400 per share, all under Seagate’s equity incentive plan.
What vesting schedules apply to the RSUs and options granted to the Seagate (STX) CFO?
Certain RSUs vest 100% on August 20, 2026 or August 20, 2027, while others, and the options, follow a four-year vesting schedule with one-quarter vesting on August 20, 2027 and the remainder vesting in periodic installments thereafter, subject to continuous employment.
Were the reported Seagate (STX) insider trades made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not checked, so these transactions are not affirmed as being pursuant to a Rule 10b5-1 trading plan based on this filing.
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