Seagate EVP sells 663 shares at $860.09
Seagate’s EVP & Chief Commercial Officer exercised RSUs into shares and sold 663 shares under a pre-arranged Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
Seagate Technology Holdings plc (STX) reported that EVP & Chief Commercial Officer Teh Ban Seng conducted several equity transactions. On September 9, 2026, he exercised Restricted Share Units that converted into 600 and 663 Ordinary Shares, respectively, at no cash exercise price. On September 10, 2026, he sold 663 Ordinary Shares at $860.09 per share in an open-market or private transaction pursuant to a Rule 10b5-1 trading plan adopted on February 11, 2026. The RSUs were granted under Seagate’s equity incentive plans with four-year vesting schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1 | 663 | $860.09 | $570K |
| Exercise | Restricted Share Unit F2 | 600 | $0.00 | $0.00 |
| Exercise | Restricted Share Unit F3 | 663 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 600 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 663 | $0.00 | $0.00 |
Footnotes (3)
- F1. These Ordinary Shares were sold under a Rule 10b5-1 trading plan adopted by the Reporting Person on February 11, 2026.
- F2. Consists of a grant of RSUs awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan (the "2022 Plan"). One-quarter of the shares vested on September 9, 2023 and the remaining portion vested in equal quarterly installments over the following three years for a total vesting period of four years.
- F3. Consists of a grant of RSUs awarded to the Reporting Person under the Plan. One-quarter of the shares vested on September 9, 2025 and the remaining portion shall vest in equal quarterly installments over the following three years for a total vesting period of four years.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Equity Incentive Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Seagate (STX) report for Teh Ban Seng?
Was the Seagate (STX) insider sale made under a Rule 10b5-1 plan?
What RSUs did the Seagate (STX) EVP exercise in this Form 4?
What vesting schedule applied to the 600 RSUs reported by Seagate (STX)?
What vesting schedule applied to the 663 RSUs reported by Seagate (STX)?
AI-generated analysis. How Rhea-AI works. Not financial advice.