Seagate (STX) CEO sells 1,768 shares after RSU vesting, keeps large stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Seagate Technology Holdings plc CEO William D. Mosley reported an open-market sale and related equity award vesting in the company’s ordinary shares. On June 12, 2026, he sold 1,768.25 ordinary shares at an average price of $880.1888 per share.
These shares came from the June 11, 2026 vesting and conversion of 3,319 restricted share units granted under Seagate’s 2022 Equity Incentive Plan. After these transactions, Mosley holds 327,517 ordinary shares directly and 16,595 restricted share units, indicating he retained a substantial equity position alongside the partial sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,768.25 shares ($1,556,394)
Net Sell
3 txns
Insider
MOSLEY WILLIAM D
Role
CEO
Sold
1,768.25 shs ($1.56M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,768.25 | $880.1888 | $1.56M |
| Exercise | Restricted Share Unit | 3,319 | $0.00 | -- |
| Exercise | Ordinary Shares | 3,319 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 327,517 shares (Direct, null);
Restricted Share Unit — 16,595 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,768.25 shares
Sale price: $880.1888 per share
Shares after sale: 327,517 shares
+3 more
6 metrics
Shares sold
1,768.25 shares
Open-market sale on June 12, 2026
Sale price
$880.1888 per share
Average price for June 12, 2026 sale
Shares after sale
327,517 shares
Ordinary shares directly owned post-transaction
RSUs converted
3,319 units
Restricted share units converted to ordinary shares on June 11, 2026
RSUs remaining
16,595 units
Restricted share units held after June 11, 2026
Net share change (buy/sell)
-1,768.25 shares
Net sell direction from transaction summary
Key Terms
Restricted Share Unit, Equity Incentive Plan, open-market sale, derivative security
4 terms
Equity Incentive Plan financial
"awarded to the reporting person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did Seagate (STX) CEO William D. Mosley report?
William D. Mosley reported an open-market sale of 1,768.25 ordinary shares and the vesting and conversion of 3,319 restricted share units into ordinary shares, all occurring on June 11–12, 2026, under Seagate’s 2022 Equity Incentive Plan.
What equity awards vested for the Seagate (STX) CEO in this Form 4 filing?
3,319 restricted share units vested and were converted into Seagate ordinary shares for the CEO on June 11, 2026. These units were granted under the Seagate Technology Holdings plc 2022 Equity Incentive Plan with a four-year vesting schedule in quarterly installments.
What are William D. Mosley’s Seagate (STX) holdings after these transactions?
Following the reported transactions, William D. Mosley directly holds 327,517 Seagate ordinary shares and 16,595 restricted share units. These figures from the Form 4 show he maintains a sizable ongoing equity stake in the company after the partial sale.