Seagate (STX) director granted 1,580 RSUs on 10/25/2025
Seagate Technology Holdings plc (STX) disclosed a director equity award on Form 4.
Rhea-AI Filing Summary
Seagate Technology Holdings plc (STX) disclosed a director equity award on Form 4. On 10/25/2025, director Yolanda Lee Conyers received 1,580 restricted share units (RSUs) under the 2022 Equity Incentive Plan for no consideration, with each RSU representing one Ordinary Share.
Subject to continuous service, shares will be released on the earlier of one year from grant or the next annual general meeting following the fiscal year ending July 3, 2026, provided that meeting is at least 50 weeks after the prior fiscal year’s annual meeting.
Positive
- None.
Negative
- None.
Insights
Routine director RSU grant; administrative and non-cash.
Seagate reported a standard director compensation event: 1,580 RSUs to Yolanda Lee Conyers on 10/25/2025 at $0 consideration, with each unit convertible into one Ordinary Share. This aligns with common board compensation practices.
Release is tied to service and timing: the earlier of one year from grant or the next AGM after the fiscal year ending July 3, 2026, if that AGM occurs at least 50% weeks after the prior fiscal year’s AGM. This introduces a clear schedule tied to corporate calendar.
As a non-cash, plan-based award, immediate financial impact is limited; any share delivery occurs upon the stated release conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 1,580 | $0.00 | $0.00 |
Footnotes (1)
- 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.
FAQ
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What did Seagate (STX) report on this Form 4?
How many RSUs were granted to the STX director?
Was there any purchase price for the STX RSU grant?
When do the Seagate RSUs release to the director?
What condition applies to the AGM-based release?
What does each RSU convert into for STX?
AI-generated analysis. How Rhea-AI works. Not financial advice.