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Seagate EVP exercises 678 RSUs into shares

EVP Global Operations at Seagate (STX) gained 678 shares through RSU vesting, increasing his direct holdings to 10,623 shares plus remaining unvested RSUs.

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Form Type
4

Rhea-AI Filing Summary

Seagate Technology Holdings plc (STX) executive vice president of Global Operations Chong Kian Fatt exercised 678 restricted share units into 678 ordinary shares on September 11, 2026 at an exercise price of $0.00 per share under the 2022 Equity Incentive Plan, with no Rule 10b5-1 plan reported. Following this vesting event, he holds 10,623 ordinary shares directly and 2,714 restricted share units, which are scheduled to continue vesting in equal quarterly installments over a four-year period.

Insider Chong Kian Fatt
Role EVP Global Operations
Type Security Shares Price Value
Exercise Restricted Share Unit F1 678 $0.00 $0.00
Exercise Ordinary Shares 678 $0.00 $0.00
Holdings After Transaction: Restricted Share Unit — 2,714 contracts (Direct); Ordinary Shares — 10,623 shares (Direct)
Footnotes (1)
  1. F1. Consists of a grant of restricted share unit awarded to the reporting person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan. One-quarter of the shares vested on September 11, 2024 and the remaining portion shall vest in equal quarterly installments over the following three years for a total vesting period of four years.
RSUs exercised 678 restricted share units Converted into ordinary shares on September 11, 2026
Ordinary shares acquired 678 ordinary shares Received upon RSU exercise on September 11, 2026
Direct ordinary share holdings after transaction 10,623 shares Held directly by Chong Kian Fatt following the RSU vesting
Restricted share units outstanding after transaction 2,714 RSUs Remaining RSUs scheduled to vest quarterly over the four-year period
Initial vesting date for RSU grant September 11, 2024 One-quarter of the RSU grant vested on this date
Restricted Share Unit financial
"Consists of a grant of restricted share unit awarded to the reporting person"
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.
Equity Incentive Plan financial
"awarded to the reporting person 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 financial
"One-quarter of the shares vested on September 11, 2024 and the remaining portion shall vest"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Seagate (STX) executive Chong Kian Fatt report in this Form 4?

He reported the exercise of 678 restricted share units into 678 ordinary shares of Seagate Technology Holdings plc on September 11, 2026, as part of his equity compensation.

How many Seagate (STX) shares does Chong Kian Fatt hold after this transaction?

After the transaction, Chong Kian Fatt directly holds 10,623 ordinary shares of Seagate Technology Holdings plc and 2,714 restricted share units that remain outstanding.

What type of equity award did Chong Kian Fatt exercise at Seagate (STX)?

He exercised a Restricted Share Unit award under the Seagate Technology Holdings plc 2022 Equity Incentive Plan, converting 678 RSUs into an equal number of ordinary shares at an exercise price of $0.00 per share.

Was this Seagate (STX) Form 4 transaction under a Rule 10b5-1 plan?

No. The filing indicates that no Rule 10b5-1 trading plan is reported for the transactions disclosed on this Form 4.

How do Chong Kian Fatt’s RSUs at Seagate (STX) vest over time?

The filing states that one-quarter of the RSU grant vested on September 11, 2024, and the remaining portion vests in equal quarterly installments over the following three years, for a total vesting period of four years.

Did Chong Kian Fatt buy or sell Seagate (STX) shares on the market?

No market purchase or sale is reported. The Form 4 shows a derivative exercise of restricted share units into ordinary shares at $0.00, not an open-market trade.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
Chong Kian Fatt

(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 Global Operations
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/11/2026
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 Shares09/11/2026M678A$010,623D
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$009/11/2026M678 (1) (1)Ordinary Shares678$02,714D
Explanation of Responses:
1. Consists of a grant of restricted share unit awarded to the reporting person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan. One-quarter of the shares vested on September 11, 2024 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 Kian Fatt Chong09/15/2026
** 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)

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