Seagate director Clemmer receives 1,580 award shares
A separate 345-unit award was granted for no consideration, while 3,867 ordinary shares were listed as held indirectly by his spouse.
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Form Type
4
Rhea-AI Filing Summary
Seagate Technology Holdings plc director Richard L. Clemmer reported conversion of 1,580 restricted share units into 1,580 ordinary shares on October 24, 2026. He also reported 380 ordinary shares delivered or withheld for payment of exercise price or tax liability, at $630.49 per share. A separate grant awarded him 345 restricted share units for no consideration, subject to continuous service. The filing lists 3,867 ordinary shares held indirectly by his spouse.
Insider Trade Summary
1,580 shares exercised/converted
Exercise
5 txns
Insider
CLEMMER RICHARD L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit F1 | 1,580 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Unit F2 | 345 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 1,580 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 380 | $630.49 | $240K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Share Unit — 345 contracts (Direct);
Ordinary Shares — 30,904 shares (Direct);
Ordinary Shares — 3,867 shares (Indirect, By Spouse)
Footnotes (2)
- F1. Consists of a grant of restricted share units (RSUs) awarded to the Reporting Person on October 25, 2025 under the Seagate Technology Holdings plc 2022 Equity Incentive Plan (the "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 July 3, 2026, provided such annual general meeting is at least fifty (50) weeks after the immediately preceding fiscal year's annual general meeting.
- F2. Consists of a grant of restricted share units (RSUs) awarded to the Reporting Person on October 24, 2026 under the Seagate Technology Holdings plc 2022 Equity Incentive Plan (the "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 July 2, 2027, provided such annual general meeting is at least fifty (50) weeks after the immediately preceding fiscal year's annual general meeting.
Key Figures
Restricted share units converted: 1,580 restricted share units
Ordinary shares received on conversion: 1,580 ordinary shares
Shares delivered or withheld: 380 ordinary shares
+3 more
6 metrics
Restricted share units converted
1,580 restricted share units
October 24, 2026
Ordinary shares received on conversion
1,580 ordinary shares
October 24, 2026
Shares delivered or withheld
380 ordinary shares
For payment of exercise price or tax liability on October 24, 2026
Reported price per share for delivered or withheld shares
$630.49 per share
October 24, 2026
Restricted share units granted
345 restricted share units
Awarded October 24, 2026
Ordinary shares held indirectly by spouse
3,867 ordinary shares
Reported October 24, 2026
Key Terms
restricted share units (RSUs), contingent right, continuous service, 2022 Equity Incentive Plan, +1 more
5 terms
contingent right technical
"contingent right to receive one Ordinary Share"
continuous service technical
"Subject to the Reporting Person's continuous service"
2022 Equity Incentive Plan financial
"under the Seagate Technology Holdings plc 2022 Equity Incentive Plan"
annual general meeting technical
"next annual general meeting of shareholders"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transactions did STX director Richard L. Clemmer report on October 24, 2026?
He reported conversion of 1,580 restricted share units into 1,580 ordinary shares and 380 ordinary shares delivered or withheld for payment of exercise price or tax liability at $630.49 per share. He also received a separate grant of 345 restricted share units for no consideration.
What were the release terms for Richard L. Clemmer's 1,580 RSUs?
The RSUs were granted on October 25, 2025, and each represents a contingent right to one ordinary share. Subject to continuous service, shares will be released on the earlier of one year from the grant date or the next annual general meeting following the fiscal year ending July 3, 2026, provided that meeting is at least 50 weeks after the preceding fiscal year's annual general meeting.
What were the terms of Richard L. Clemmer's 345-RSU award?
The 345 RSUs were awarded on October 24, 2026, under the Seagate Technology Holdings plc 2022 Equity Incentive Plan for no consideration. Each represents a contingent right to one ordinary share. Subject to continuous service, shares will be released on the earlier of one year from the grant date or the next annual general meeting following the fiscal year ending July 2, 2027, subject to the stated 50-week condition.
AI-generated analysis. How Rhea-AI works. Not financial advice.
