Seagate (STX) CTO trades shares, lands new RSUs and options
Rhea-AI Filing Summary
Seagate Technology Holdings plc (STX) reports that EVP & CTO John Christopher Morris executed multiple equity transactions. On August 20, 2026 he exercised or converted 7,578 Ordinary Shares from RSUs and stock options and received new grants of RSUs and an NQ stock option. On August 20–21, 2026 he sold a total of 4,038.5 Ordinary Shares at per-share prices up to $849.3548, including an option exercise and sale effected pursuant to a Rule 10b5-1 trading plan adopted on January 29, 206.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
16 txns
Insider
Morris John Christopher
Role
EVP & CTO
Sold
4,038.5 shs ($3.42M)
Approx. gross sale proceeds
$3.42M
Approx. exercise cost
$83K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 879 | $849.3548 | $747K |
| Sale | Ordinary Shares | 2,028 | $849.3548 | $1.72M |
| Sale | Ordinary Shares | 608.5 | $849.3548 | $517K |
| Exercise | Restricted Share Unit F2 | 1,764 | $0.00 | $0.00 |
| Exercise | Restricted Share Unit F3 | 4,070 | $0.00 | $0.00 |
| Exercise | Restricted Share Unit F3 | 1,221 | $0.00 | $0.00 |
| Exercise | NQ Stock Option F4 | 523 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Unit F5 | 2,307 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Unit F6 | 1,309 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Unit F6 | 393 | $0.00 | $0.00 |
| Grant/Award | NQ Stock Option F7 | 6,152 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 1,764 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 4,070 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 1,221 | $0.00 | $0.00 |
| Exercise | Ordinary Shares F1 | 523 | $158.40 | $83K |
| Sale | Ordinary Shares | 523 | $835.54 | $437K |
Holdings After Transaction:
Restricted Share Unit — 9,301 shares (Direct);
NQ Stock Option — 24,445 shares (Direct);
Ordinary Shares — 15,459.75 shares (Direct)
Footnotes (7)
- F1. The option exercise and sale of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 29, 206.
- F2. Consists of a grant of Restricted Share Unit (RSU) awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan (the "2022 Plan") subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on August 20, 2026 and then in equal quarterly installments thereafter.
- F3. Consists of a grant of RSUs awarded to the Reporting Person under the Plan. 100% of such RSUs vested on the first anniversary of the grant date, August 20, 2026.
- F4. Consists of Options awarded to the Reporting Person under the Plan subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, such Options vested as to one-quarter of the shares on August 20, 2026 and the remaining portion shall vest in equal monthly installments over the following three years for a total vesting period of four years.
- F5. Consists of a grant of RSUs awarded to the Reporting Person under the Plan subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on August 20, 2027 and then in equal quarterly installments thereafter.
- F6. Consists of a grant of RSUs awarded to the Reporting Person under the Plan. Subject to the Reporting Person's continuous employment, 100% of such RSUs will vest on the first anniversary of the grant date, August 20, 2027.
- F7. Consists of Options awarded to the Reporting Person under the Plan subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, such Options vest as to one-quarter of the shares on August 20, 2027 and the remaining portion shall vest in equal monthly installments over the following three years for a total vesting period of four years.
Key Figures
Shares sold: 4,038.5 Ordinary Shares
Highest sale price: $849.3548 per share
Additional sale price: $835.5400 per share
+5 more
8 metrics
Shares sold
4,038.5 Ordinary Shares
Total sellShares across four sale transactions on August 20–21, 2026
Highest sale price
$849.3548 per share
Sale transactions in Ordinary Shares on August 21, 2026
Additional sale price
$835.5400 per share
Sale of 523 Ordinary Shares on August 20, 2026
Exercise shares
7,578 Ordinary Shares
exerciseShares from four derivative exercises/conversions on August 20, 2026
Option exercise price
$158.4000 per share
NQ Stock Option exercised for 523 shares on August 20, 2026
New option grant strike price
$850.2400 per share
NQ Stock Option for 6,152 shares granted on August 20, 2026
New RSU grants
2,307; 1,309; 393 RSUs
Restricted Share Units granted on August 20, 2026
10b5-1 plan adoption date
January 29, 206
Date of Rule 10b5-1 trading plan referenced in footnote F1
Key Terms
Rule 10b5-1 trading plan, Restricted Share Unit, NQ Stock Option, Equity Incentive Plan, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
NQ Stock Option financial
"NQ Stock Option for 6,152.0000 underlying Ordinary Shares with exercise"
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.
vesting schedule financial
"Options awarded to the Reporting Person under the Plan subject to a four-year vesting schedule"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
FAQ
What did Seagate (STX) executive John Christopher Morris sell in this Form 4?
John Christopher Morris reported selling a total of 4,038.5 Ordinary Shares of Seagate on August 20–21, 2026, at per-share prices including $849.3548 and $835.5400, in open market or private transactions.
Were John Christopher Morris’s Seagate (STX) trades under a Rule 10b5-1 plan?
Yes. A footnote states that the option exercise and related sale of Ordinary Shares were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 29, 206.
What new RSU awards did John Christopher Morris receive from Seagate (STX)?
On August 20, 2026 he received RSU grants covering 2,307, 1,309, and 393 underlying Ordinary Shares, each with vesting schedules described in the company’s equity incentive plan footnotes.
What new stock option did John Christopher Morris receive from Seagate (STX)?
He received an NQ Stock Option covering 6,152 Ordinary Shares on August 20, 2026 with an exercise price of $850.2400 per share and an expiration date of August 20, 2033.
AI-generated analysis. How Rhea-AI works. Not financial advice.
