Seagate director Jay L. Geldmacher acquires 1,580 shares
The new 345-unit award carries one contingent ordinary-share right per unit and depends on continuous service and specified release timing.
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Rhea-AI Filing Summary
Seagate Technology Holdings plc director Jay L. Geldmacher reported exercising 1,580 restricted share units and acquiring 1,580 ordinary shares on October 24, 2026. On that date, 380 ordinary shares were delivered or withheld for payment of exercise price or tax liability at $630.49 per share.
The 1,580 units came from an October 25, 2025 grant under the 2022 Equity Incentive Plan for no consideration. Their release was subject to continuous service and the earlier of one year from grant or the next annual general meeting after the fiscal year ending July 3, 2026, if that meeting was at least 50 weeks after the prior annual meeting. Geldmacher also received 345 restricted share units for no consideration on October 24, 2026. Each is a contingent right to one ordinary share, subject to continuous service and release on the earlier of one year from grant or the next annual general meeting after the fiscal year ending July 2, 2027, provided that meeting is at least 50 weeks after the preceding annual meeting.
Insider Trade Summary
| 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 |
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
Key Terms
contingent right technical
continuous service technical
2022 Equity Incentive Plan financial
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