Seagate EVP sells 989 shares under preset plan
Seagate’s EVP & Chief Commercial Officer reported RSU vesting into shares followed by a pre-planned sale under a Rule 10b5-1 trading plan.
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Rhea-AI Filing Summary
Seagate Technology Holdings plc (STX) EVP & Chief Commercial Officer Teh Ban Seng reported an automatic vesting and related sale of shares. On September 11, 2026, 989 Restricted Share Units vested and were converted into 989 Ordinary Shares at $0.00 per share. On September 14, 2026, 989 Ordinary Shares were sold at $779.00 per share under a Rule 10b5-1 trading plan adopted on February 11, 2026.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1 | 989 | $779.00 | $770K |
| Exercise | Restricted Share Unit F2 | 989 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 989 | $0.00 | $0.00 |
Footnotes (2)
- F1. These Ordinary Shares were sold under a Rule 10b5-1 trading plan adopted by the Reporting Person on February 11, 2026.
- F2. Consists of a grant of RSUs awarded to the reporting person under the Seagate Technology plc 2022 Equity Incentive Plan subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one-quarter vested starting on September 11, 2024 and then in equal quarterly installments thereafter.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Equity Incentive Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Seagate (STX) report for EVP Teh Ban Seng?
Were the Seagate (STX) insider sales by Teh Ban Seng under a Rule 10b5-1 plan?
What RSU activity did Seagate (STX) disclose for Teh Ban Seng?
What is the vesting schedule of Teh Ban Seng’s Seagate (STX) RSU grant?
How many RSUs did Teh Ban Seng hold after the September 11, 2026 Seagate (STX) transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.