STOCK TITAN

Form 4: STX director awarded 1,580 RSUs; release per plan terms

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
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 Conyers Yolanda Lee
Role Director
Type Security Shares Price Value
Grant/Award Restricted Share Unit 1,580 $0.00 --
Holdings After Transaction: Restricted Share Unit — 1,580 shares (Direct)
Footnotes (1)
  1. [object Object]
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Conyers Yolanda Lee

(Last) (First) (Middle)
SEAGATE TECHNOLOGY HOLDINGS PLC
47488 KATO ROAD

(Street)
FREMONT CA 94538

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Seagate Technology Holdings plc [ STX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/25/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Share Unit $0 10/25/2025 A 1,580 (1) (1) Ordinary Shares 1,580 $0 1,580 D
Explanation of Responses:
1. 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.
Remarks:
/s/ Louis J. Thorson, Attorney-in-Fact for Yolanda Lee Conyers 10/28/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Seagate (STX) report on this Form 4?

A grant of 1,580 RSUs to director Yolanda Lee Conyers on 10/25/2025 under the 2022 Equity Incentive Plan.

How many RSUs were granted to the STX director?

The director received 1,580 RSUs, each representing a contingent right to one Ordinary Share.

Was there any purchase price for the STX RSU grant?

No. The RSUs were awarded for no consideration.

When do the Seagate RSUs release to the director?

On the earlier of one year from grant or the next AGM following the fiscal year ending July 3, 2026, subject to the 50-week condition.

What condition applies to the AGM-based release?

The annual meeting must be at least 50 weeks after the immediately preceding fiscal year’s annual meeting.

What does each RSU convert into for STX?

Each RSU represents a contingent right to receive one Ordinary Share of Seagate.