Seagate EVP exercises 989 RSUs into shares
Seagate Technology Holdings plc EVP & Chief Commercial Officer Teh Ban Seng exercised 989 restricted share units into 989 ordinary shares.
Rhea-AI Filing Summary
Seagate Technology Holdings plc EVP & Chief Commercial Officer Teh Ban Seng exercised 989 restricted share units into 989 ordinary shares. The RSUs were granted under the Seagate Technology plc 2022 Equity Incentive Plan and vest over four years, with one-quarter vesting on September 11, 2024 and the remainder in equal quarterly installments, subject to continued employment.
After this derivative exercise on March 11, 2026, Teh directly holds 11,248 ordinary shares and 5,934 restricted share units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 989 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 989 | $0.00 | $0.00 |
Footnotes (1)
- F1. Consists of a grant of RSUs awarded to the reporting person under the Seagate Technology plc 2022 Equity Incentive Plan subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one-quarter vested starting on September 11, 2024 and then in equal quarterly installments thereafter.
FAQ
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What insider transaction did Seagate (STX) EVP Teh Ban Seng report on March 11, 2026?
What is the vesting schedule for Teh Ban Seng’s Seagate (STX) RSU grant?
Under which equity plan were Teh Ban Seng’s Seagate (STX) RSUs granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.