STX insider filing: CFO sells 8,002 shares under Rule 10b5-1
Rhea-AI Filing Summary
Seagate Technology (STX) EVP & CFO Gianluca Romano reported open‑market sales of company stock on 11/13/2025. The transactions, executed in multiple tranches, totaled 8,002 ordinary shares at weighted average prices spanning $260.03 to $275.69, as detailed in the footnotes.
Following these sales, Romano beneficially owns 48,291 shares directly. The filing states all trades were made under a Rule 10b5‑1 trading plan adopted on August 1, 2025, which pre‑sets trading parameters.
Positive
- None.
Negative
- None.
Insights
Routine insider sales under a 10b5-1 plan; neutral impact.
Seagate’s CFO sold 8,002 shares across several trades on 11/13/2025, with weighted average prices between $260.03 and $275.69. The filing notes these were executed under a Rule 10b5-1 plan adopted on August 1, 2025, indicating pre‑scheduled parameters.
Post‑transaction direct beneficial ownership is 48,291 shares. Such plan‑based sales are administrative and do not, by themselves, signal operational changes. Actual market effect depends on broader trading activity and company fundamentals disclosed elsewhere.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 300 | $260.03 | $78K |
| Sale | Ordinary Shares | 1,111 | $261.7877 | $291K |
| Sale | Ordinary Shares | 1,512 | $262.5841 | $397K |
| Sale | Ordinary Shares | 700 | $263.5929 | $185K |
| Sale | Ordinary Shares | 400 | $265.4025 | $106K |
| Sale | Ordinary Shares | 300 | $266.68 | $80K |
| Sale | Ordinary Shares | 600 | $267.5817 | $161K |
| Sale | Ordinary Shares | 479 | $269.1031 | $129K |
| Sale | Ordinary Shares | 700 | $270.5329 | $189K |
| Sale | Ordinary Shares | 400 | $271.355 | $109K |
| Sale | Ordinary Shares | 700 | $272.7114 | $191K |
| Sale | Ordinary Shares | 700 | $273.7886 | $192K |
| Sale | Ordinary Shares | 100 | $275.69 | $28K |
Footnotes (1)
- These Ordinary Shares were sold in multiple trades at prices ranging from $259.73 to $260.29. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. All transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 1, 2025. These Ordinary Shares were sold in multiple trades at prices ranging from $261.15 to $262.13. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. These Ordinary Shares were sold in multiple trades at prices ranging from $262.15 to $263.08. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. These Ordinary Shares were sold in multiple trades at prices ranging from $263.26 to $263.90. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. These Ordinary Shares were sold in multiple trades at prices ranging from $265.07 to $266.03. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. These Ordinary Shares were sold in multiple trades at prices ranging from $266.22 to $266.91. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. These Ordinary Shares were sold in multiple trades at prices ranging from $267.25 to $268.09. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. These Ordinary Shares were sold in multiple trades at prices ranging from $268.71 to $269.62. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. These Ordinary Shares were sold in multiple trades at prices ranging from $270.05 to $270.94. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. These Ordinary Shares were sold in multiple trades at prices ranging from $271.11 to $271.98. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. These Ordinary Shares were sold in multiple trades at prices ranging from $272.21 to $273.16. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. These Ordinary Shares were sold in multiple trades at prices ranging from $273.42 to $274.37. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.