STX: CEO William Mosley Sells 20,000 Shares Under 10b5-1 Plan
Seagate Technology Holdings plc (STX) insider sales by CEO/Director William D. Mosley.
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Rhea-AI Filing Summary
Seagate Technology Holdings plc (STX) insider sales by CEO/Director William D. Mosley. The Form 4 reports multiple open-market sales on 09/02/2025 executed under a Rule 10b5-1 trading plan adopted February 20, 2025. The reporting person sold blocks of Ordinary Shares: 700 at a weighted average $164.8021, 342 at $165.6669, 400 at $166.6025, 5,843 at $168.2874, 5,715 at $169.0589 and 7,000 at $170.1923. Following these transactions, the filing shows 478,212 shares, then sequentially lower counts down to 458,912 shares, reflecting the cumulative sales. The Form 4 was signed by an attorney-in-fact on 09/04/2025.
Positive
- Transactions executed under a Rule 10b5-1 plan, indicating planned and pre-authorized trades
- Detailed weighted-average prices and price ranges provided in explanatory footnotes
- Reporting person commits to provide trade-level details upon request, supporting transparency
Negative
- None.
Insights
TL;DR: CEO/Director Mosley executed several planned sales under a 10b5-1 plan; transactions are disclosed and routine.
The Form 4 discloses multiple open-market dispositions by William D. Mosley on a single trade date, executed pursuant to a documented Rule 10b5-1 plan adopted on February 20, 2025. The filing provides weighted average prices for each block and the remaining beneficial ownership counts after each sale. From a governance perspective, the presence of a 10b5-1 plan and explicit price ranges in the explanatory footnotes supports the view that these sales were pre-planned and compliant with Section 16 reporting requirements. The disclosure includes commitment to provide detailed trade-level prices and volumes upon request.
TL;DR: Material share volumes were sold but fully disclosed; this is a routine insider liquidity event, not an undisclosed corporate development.
The reported disposals total 20,000 shares on 09/02/2025 across six reported blocks with weighted average prices between $164.80 and $170.19, reducing beneficial holdings from 478,212 down to 458,912 shares in the sequence shown. As the trades were executed under a Rule 10b5-1 plan and the filer offers to provide trade-level details on request, the disclosure meets regulatory transparency standards. The filing contains no other operational or financial data that would change company valuation metrics directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 700 | $164.8021 | $115K |
| Sale | Ordinary Shares | 342 | $165.6669 | $57K |
| Sale | Ordinary Shares | 400 | $166.6025 | $67K |
| Sale | Ordinary Shares | 5,843 | $168.2874 | $983K |
| Sale | Ordinary Shares | 5,715 | $169.0589 | $966K |
| Sale | Ordinary Shares | 7,000 | $170.1923 | $1.19M |
Footnotes (7)
- F1. All transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 20, 2025.
- F2. These Ordinary Shares were sold in multiple trades at prices ranging from $164.36 to $164.95. 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 $165.43 to $166.09. 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.
- F4. These Ordinary Shares were sold in multiple trades at prices ranging from $166.43 to $166.86. 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 $167.63 to $168.62. 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.
- F6. These Ordinary Shares were sold in multiple trades at prices ranging from $168.63 to $169.60. 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 $169.64 to $170.61. 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.
FAQ
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What insider activity did William D. Mosley report for STX on the Form 4?
Were the sales by Mosley pre-planned or spontaneous?
Who signed the Form 4 filing?
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