Seagate (STX) director converts 2,693 RSUs; holds 14,314 shares
Seagate Technology Holdings (STX): Director insider transaction.
Rhea-AI Filing Summary
Seagate Technology Holdings (STX): Director insider transaction. On 10/19/2025, a reporting person serving as a Director converted 2,693 restricted share units into Ordinary Shares at $0 and had 647 shares withheld at $225.4 to satisfy taxes. Following these transactions, 14,314 Ordinary Shares were beneficially owned indirectly via The Bruner Living Trust.
The RSUs were awarded under the 2022 Equity Incentive Plan. Each RSU represents a contingent right to receive one Ordinary Share, with release conditioned on continuous service and a schedule tied to the next annual general meeting or one year from grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 2,693 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 2,693 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 647 | $225.40 | $146K |
Footnotes (1)
- F1. Consists of a grant of restricted share units (RSUs) awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan for no consideration. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. Subject to the Reporting Person's continuous service with the Issuer, shares will be released to the Reporting Person on the earlier of (i) one year from the date of grant and (ii) the date of the next annual general meeting of shareholders of the Issuer following the end of the fiscal year ending on June 27, 2025, provided such annual general meeting is at least fifty (50) weeks after the immediately preceding fiscal year's annual general meeting.
FAQ
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