Seagate (NASDAQ: STX) EVP sells 9,013 shares in trading plan
Rhea-AI Filing Summary
For Seagate Technology Holdings plc (STX), EVP & CLO James CI Lee reported an option exercise and related share sales. On 2026-08-24 he exercised 4,032 NQ stock options at an exercise price of $158.40 per share, receiving 4,032 Ordinary Shares. The underlying option grant under the 2022 Equity Incentive Plan vests over four years, with 25% vesting on August 20, 2026 and the remainder in equal monthly installments over the following three years.
On the same date he sold 9,013 Ordinary Shares in numerous transactions at prices reported per share, including weighted-average prices for trades executed within specified ranges, with individual reported prices spanning from about $774.84 to $816.96 per share. All reported transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on January 29, 2026.
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Negative
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Insights
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Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
31 txns
Insider
Lee James CI
Role
EVP & CLO
Sold
9,013 shs ($7.16M)
Approx. gross sale proceeds
$7.16M
Approx. exercise cost
$639K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | NQ Stock Option F26 | 4,032 | $0.00 | $0.00 |
| Exercise | Ordinary Shares F1 | 4,032 | $158.40 | $639K |
| Sale | Ordinary Shares | 40 | $774.84 | $31K |
| Sale | Ordinary Shares F2 | 112 | $776.1357 | $87K |
| Sale | Ordinary Shares | 8 | $777.05 | $6K |
| Sale | Ordinary Shares F3 | 80 | $778.505 | $62K |
| Sale | Ordinary Shares F4 | 160 | $780.6625 | $125K |
| Sale | Ordinary Shares F5 | 280 | $782.3286 | $219K |
| Sale | Ordinary Shares F6 | 280 | $783.2757 | $219K |
| Sale | Ordinary Shares F7 | 120 | $784.6633 | $94K |
| Sale | Ordinary Shares F8 | 240 | $786.2717 | $189K |
| Sale | Ordinary Shares F9 | 200 | $788.028 | $158K |
| Sale | Ordinary Shares F10 | 560 | $789.2521 | $442K |
| Sale | Ordinary Shares F11 | 280 | $790.3429 | $221K |
| Sale | Ordinary Shares F12 | 440 | $791.8009 | $348K |
| Sale | Ordinary Shares F13 | 120 | $792.3867 | $95K |
| Sale | Ordinary Shares F14 | 480 | $793.6608 | $381K |
| Sale | Ordinary Shares F15 | 968 | $794.768 | $769K |
| Sale | Ordinary Shares F16 | 845 | $795.8967 | $673K |
| Sale | Ordinary Shares F17 | 600 | $797.3873 | $478K |
| Sale | Ordinary Shares F18 | 600 | $798.4913 | $479K |
| Sale | Ordinary Shares F19 | 567 | $799.4369 | $453K |
| Sale | Ordinary Shares F20 | 480 | $800.4167 | $384K |
| Sale | Ordinary Shares F21 | 200 | $801.602 | $160K |
| Sale | Ordinary Shares F22 | 593 | $802.6653 | $476K |
| Sale | Ordinary Shares F23 | 440 | $803.5727 | $354K |
| Sale | Ordinary Shares F24 | 80 | $804.865 | $64K |
| Sale | Ordinary Shares F25 | 120 | $809.61 | $97K |
| Sale | Ordinary Shares | 40 | $812.72 | $33K |
| Sale | Ordinary Shares | 40 | $814.27 | $33K |
| Sale | Ordinary Shares | 40 | $816.96 | $33K |
Holdings After Transaction:
NQ Stock Option — 12,096 shares (Direct);
Ordinary Shares — 347 shares (Direct)
Footnotes (26)
- F1. All transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 29, 2026.
- F2. These Ordinary Shares were sold in multiple trades at prices ranging from $775.85 to $776.34. 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.
- F3. These Ordinary Shares were sold in multiple trades at prices ranging from $778.17 to $778.84. 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.
- F4. These Ordinary Shares were sold in multiple trades at prices ranging from $780.26 to $780.94. 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.
- F5. These Ordinary Shares were sold in multiple trades at prices ranging from $781.83 to $782.80. 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.
- F6. These Ordinary Shares were sold in multiple trades at prices ranging from $783.07 to $783.46. 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.
- F7. These Ordinary Shares were sold in multiple trades at prices ranging from $784.24 to $785.07. 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.
- F8. These Ordinary Shares were sold in multiple trades at prices ranging from $785.80 to $786.77. 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.
- F9. These Ordinary Shares were sold in multiple trades at prices ranging from $787.74 to $788.18. 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.
- F10. These Ordinary Shares were sold in multiple trades at prices ranging from $788.77 to $789.73. 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.
- F11. These Ordinary Shares were sold in multiple trades at prices ranging from $790.15 to $790.83. 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.
- F12. These Ordinary Shares were sold in multiple trades at prices ranging from $791.17 to $792.16. 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.
- F13. These Ordinary Shares were sold in multiple trades at prices ranging from $792.17 to $792.73. 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.
- F14. These Ordinary Shares were sold in multiple trades at prices ranging from $793.25 to $794.22. 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.
- F15. These Ordinary Shares were sold in multiple trades at prices ranging from $794.29 to $795.25. 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.
- F16. These Ordinary Shares were sold in multiple trades at prices ranging from $795.44 to $796.43. 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.
- F17. These Ordinary Shares were sold in multiple trades at prices ranging from $796.96 to $797.94. 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.
- F18. These Ordinary Shares were sold in multiple trades at prices ranging from $798.03 to $799.01. 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.
- F19. These Ordinary Shares were sold in multiple trades at prices ranging from $799.08 to $800.07. 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.
- F20. These Ordinary Shares were sold in multiple trades at prices ranging from $800.14 to $800.78. 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.
- F21. These Ordinary Shares were sold in multiple trades at prices ranging from $801.17 to $802.16. 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.
- F22. These Ordinary Shares were sold in multiple trades at prices ranging from $802.18 to $803.15. 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.
- F23. These Ordinary Shares were sold in multiple trades at prices ranging from $803.26 to $804.19. 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.
- F24. These Ordinary Shares were sold in multiple trades at prices ranging from $804.85 to $804.88. 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.
- F25. These Ordinary Shares were sold in multiple trades at prices ranging from $809.49 to $809.85. 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.
- F26. Options granted to the Reporting Person under the Seagate Technology plc 2022 Equity Incentive Plan the ("Plan") are subject to a four-year vesting schedule. Subject to continuous employment, 25% shall vest on August 20, 2026 and the remaining portion shall vest in equal monthly installments over the following three years for a total vesting period of four years.
Key Figures
Options Exercised: 4,032 shares
Exercise Price: $158.40 per share
Shares Sold: 9,013 shares
+3 more
6 metrics
Options Exercised
4,032 shares
NQ Stock Option into Ordinary Shares on 2026-08-24
Exercise Price
$158.40 per share
Exercise price of NQ Stock Option exercised on 2026-08-24
Shares Sold
9,013 shares
Total Ordinary Shares sold across 29 sale transactions on 2026-08-24
Reported Sale Price Range
$774.84 to $816.96 per share
Individual reported per-share prices for Ordinary Share sales on 2026-08-24
Rule 10b5-1 Plan Adoption Date
January 29, 2026
Date the trading plan governing all reported transactions was adopted
Option Vesting Initial Tranche
25%
Portion of option grant vesting on August 20, 2026 under four-year schedule
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, Equity Incentive Plan, vesting schedule, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"All transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The price reported above reflects the weighted average sale price"
Equity Incentive Plan financial
"Options granted to the Reporting Person under the Seagate Technology 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 schedule financial
"Options granted to the Reporting Person ... are subject to a four-year vesting schedule"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
FAQ
What did Seagate Technology (STX) executive James CI Lee report in this Form 4?
He reported exercising 4,032 stock options at an exercise price of $158.40 per share into Ordinary Shares and selling 9,013 Ordinary Shares on 2026-08-24 in multiple transactions, all under a Rule 10b5-1 trading plan.
How many Seagate (STX) stock options did James CI Lee exercise and at what price?
He exercised 4,032 NQ stock options, each with an exercise price of $158.40 per share, into 4,032 Ordinary Shares. The options were granted under the Seagate Technology plc 2022 Equity Incentive Plan and are subject to a four-year vesting schedule.
Was the Seagate (STX) insider trading activity under a Rule 10b5-1 plan?
Yes. The Form 4 indicates the Rule 10b5-1 checkbox is affirmed, and a footnote states that all transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by James CI Lee on January 29, 2026.
What is the vesting schedule for the Seagate (STX) options exercised by James CI Lee?
The options under the Seagate Technology plc 2022 Equity Incentive Plan vest over four years: 25% vests on August 20, 2026, and the remaining portion vests in equal monthly installments over the following three years, contingent on continuous employment.
What role does James CI Lee hold at Seagate Technology (STX)?
James CI Lee is reported as an officer of Seagate Technology Holdings plc, serving as EVP & CLO (Executive Vice President and Chief Legal Officer), and is the reporting person for the option exercise and share sale transactions disclosed.
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