Seagate director Cannon acquires 1,868 shares
The RSUs were granted for no consideration, and release is subject to continuous service and the earlier of the stated one-year or qualifying annual-meeting dates.
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Rhea-AI Filing Summary
Seagate Technology Holdings plc director Michael R. Cannon reported exercising 1,868 restricted share units on October 24, 2026, and acquiring 1,868 Ordinary Shares. The reported RSU position following the transaction was 0. He also reported 449 Ordinary Shares delivered or withheld for payment of exercise price or tax liability, with a reported per-share amount of $630.49. A separate holding entry lists 6,885 Ordinary Shares held indirectly through the Michael R. Cannon Trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit F1 | 1,868 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 1,868 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 449 | $630.49 | $283K |
| holding | Ordinary Shares | -- | -- | -- |
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.
Key Figures
Key Terms
contingent right technical
continuous service financial
2022 Equity Incentive Plan financial
FAQ
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What were the release terms for Michael R. Cannon's STX RSUs?
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