[Form 4] Seagate Technology Holdings plc Insider Trading Activity
Seagate Technology Holdings plc (STX) reporting person John C. Morris (EVP & CTO) disclosed a sale of ordinary shares on 09/16/2025. The filing shows 377 shares were sold at a price of $211.26 per share under a Rule 10b5-1 trading plan adopted on June 1, 2025. After the transaction the reporting person beneficially owned 13,238 shares, held directly. The Form 4 was signed by an attorney-in-fact on 09/17/2025. The filing contains no derivative transactions and provides only the non-derivative sale details and the 10b5-1 disclosure.
- Sale executed under a Rule 10b5-1 plan, indicating the transaction was preplanned and compliant with insider trading rules
- Clear disclosure of post-transaction beneficial ownership: 13,238 shares held directly
- Insider sold 377 shares, which some investors may view negatively despite being preplanned
- Filing lacks context on percentage ownership relative to total outstanding shares, limiting assessment of materiality
Insights
TL;DR: A small, preplanned insider sale under a 10b5-1 plan; disclosure is routine and not clearly material to valuation.
The Form 4 documents a disposition of 377 ordinary shares by John C. Morris at $211.26 per share, leaving 13,238 shares beneficially owned. The sale was executed under a Rule 10b5-1 trading plan adopted June 1, 2025, which typically indicates the trade was prearranged and not based on contemporaneous insider knowledge. No derivative activity or other compensatory issuances are reported. For most investors, the size of the sale relative to total outstanding shares is not provided here, so its market impact is likely limited based on the information in this filing alone.
TL;DR: Proper Form 4 disclosure of a planned sale; governance signal is neutral given the 10b5-1 plan use.
The filing appropriately identifies the reporting person as EVP & CTO and discloses the 10b5-1 plan adoption date, which strengthens compliance transparency. The explicit reporting of post-transaction beneficial ownership at 13,238 shares provides clarity on continuing insider holdings. The absence of amendments or additional transactions in this Form 4 suggests a single, routine disposition event. Based solely on this document, there is no evidence of governance concerns or policy violations.