Seagate CTO sells 9,354 shares in preset plan
Seagate’s EVP & CTO exercised 915 options and sold 9,354 Ordinary Shares under a pre-arranged Rule 10b5-1 trading plan.
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Form Type
4
Rhea-AI Filing Summary
Seagate Technology Holdings plc (STX) reported that EVP & CTO John Christopher Morris exercised options for 915 Ordinary Shares on September 21, 2026 at an exercise price of $158.40 per share, leaving 17,378 options outstanding. On the same date, he sold 9,354 Ordinary Shares in a series of open-market or private transactions at prices generally in the mid‑$800s per share. All transactions were effected under a Rule 10b5-1 trading plan adopted on January 29, 2026.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
28 txns
Insider
Morris John Christopher
Role
EVP & CTO
Sold
9,354 shs ($8.21M)
Approx. gross sale proceeds
$8.21M
Approx. exercise cost
$145K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | NQ Stock Option F19 | 915 | $0.00 | $0.00 |
| Exercise | Ordinary Shares F1 | 915 | $158.40 | $145K |
| Sale | Ordinary Shares | 40 | $863.66 | $35K |
| Sale | Ordinary Shares F2 | 80 | $865.11 | $69K |
| Sale | Ordinary Shares | 40 | $865.80 | $35K |
| Sale | Ordinary Shares F3 | 160 | $868.1075 | $139K |
| Sale | Ordinary Shares F4 | 80 | $869.208 | $70K |
| Sale | Ordinary Shares F5 | 200 | $870.282 | $174K |
| Sale | Ordinary Shares F6 | 520 | $871.5615 | $453K |
| Sale | Ordinary Shares F7 | 1,000 | $872.4244 | $872K |
| Sale | Ordinary Shares F8 | 1,040 | $873.4914 | $908K |
| Sale | Ordinary Shares F9 | 986 | $874.5038 | $862K |
| Sale | Ordinary Shares F10 | 974 | $875.349 | $853K |
| Sale | Ordinary Shares F11 | 760 | $876.5447 | $666K |
| Sale | Ordinary Shares F12 | 418 | $877.364 | $367K |
| Sale | Ordinary Shares F13 | 280 | $878.3757 | $246K |
| Sale | Ordinary Shares F14 | 200 | $879.712 | $176K |
| Sale | Ordinary Shares F15 | 741 | $881.1584 | $653K |
| Sale | Ordinary Shares F16 | 200 | $881.902 | $176K |
| Sale | Ordinary Shares F17 | 320 | $883.0775 | $283K |
| Sale | Ordinary Shares | 40 | $886.27 | $35K |
| Sale | Ordinary Shares F18 | 120 | $887.9167 | $107K |
| Sale | Ordinary Shares | 40 | $890.54 | $36K |
| Sale | Ordinary Shares | 40 | $893.15 | $36K |
| Sale | Ordinary Shares | 915 | $894.27 | $818K |
| Sale | Ordinary Shares | 80 | $897.28 | $72K |
| Sale | Ordinary Shares | 40 | $899.53 | $36K |
| Sale | Ordinary Shares | 40 | $902.07 | $36K |
Holdings After Transaction:
NQ Stock Option — 17,378 options (Direct);
Ordinary Shares — 22,693.25 shares (Direct)
Footnotes (19)
- F1. All transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 29, 2026.
- F2. These Ordinary Shares were sold in multiple trades at prices ranging from $864.79 to $865.43. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F3. These Ordinary Shares were sold in multiple trades at prices ranging from $867.77 to $868.44. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F4. These Ordinary Shares were sold in multiple trades at prices ranging from $868.79 to $869.47. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F5. These Ordinary Shares were sold in multiple trades at prices ranging from $869.82 to $870.80. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F6. These Ordinary Shares were sold in multiple trades at prices ranging from $870.89 to $871.77. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F7. These Ordinary Shares were sold in multiple trades at prices ranging from $871.91 to $872.90. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F8. These Ordinary Shares were sold in multiple trades at prices ranging from $872.94 to $873.93. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F9. These Ordinary Shares were sold in multiple trades at prices ranging from $873.96 to $874.94. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F10. These Ordinary Shares were sold in multiple trades at prices ranging from $874.98 to $875.96. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F11. These Ordinary Shares were sold in multiple trades at prices ranging from $875.99 to $876.93. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F12. These Ordinary Shares were sold in multiple trades at prices ranging from $876.99 to $877.76. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F13. These Ordinary Shares were sold in multiple trades at prices ranging from $878.01 to $878.82. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F14. These Ordinary Shares were sold in multiple trades at prices ranging from $879.58 to $879.90. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F15. These Ordinary Shares were sold in multiple trades at prices ranging from $880.62 to $881.54. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F16. These Ordinary Shares were sold in multiple trades at prices ranging from $881.65 to $882.17. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F17. These Ordinary Shares were sold in multiple trades at prices ranging from $882.78 to $883.77. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F18. These Ordinary Shares were sold in multiple trades at prices ranging from $887.75 to $888.25. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F19. Options granted to the Reporting Person under the Seagate Technology plc 2022 Equity Incentive Plan (the "2022 Plan") are subject to a four-year vesting schedule. Subject to continuous employment, one-quarter vested 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.
Key Figures
Shares sold: 9,354 shares
Options exercised: 915 shares
Option exercise price: $158.40 per share
+5 more
8 metrics
Shares sold
9,354 shares
Ordinary Shares sold by the EVP & CTO on September 21, 2026
Options exercised
915 shares
Nonqualified stock options converted into Ordinary Shares on September 21, 2026
Option exercise price
$158.40 per share
Exercise price for 915 options into Seagate Ordinary Shares
Sale price example
$872.42 per share
One block of 1,000 shares sold at $872.4244 on September 21, 2026
Lowest reported sale price
$863.66 per share
One 40-share sale of Ordinary Shares on September 21, 2026
Highest reported sale price
$902.07 per share
One 40-share sale of Ordinary Shares on September 21, 2026
Remaining options
17,378 options
Options of this grant held directly after the reported exercise
Option expiration
August 20, 2032
Expiration date for the option grant from which 915 options were exercised
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, Equity Incentive Plan, vesting schedule
4 terms
Rule 10b5-1 trading plan regulatory
"All transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 29, 2026."
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.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
Equity Incentive Plan financial
"Options granted to the Reporting Person under the Seagate Technology plc 2022 Equity Incentive Plan are subject to a four-year vesting schedule."
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 granted to the Reporting Person under the Seagate Technology plc 2022 Equity Incentive Plan are 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Seagate (STX) executive John Christopher Morris report in this Form 4?
He reported exercising 915 options for Seagate Ordinary Shares at an exercise price of $158.40 per share and selling 9,354 Ordinary Shares on September 21, 2026 in multiple open-market or private transactions.
Were the Seagate (STX) insider transactions made under a Rule 10b5-1 plan?
Yes. The filing states that all reported transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by John Christopher Morris on January 29, 2026, indicating they followed a pre-arranged trading schedule.
What options did the Seagate (STX) EVP & CTO exercise?
He exercised 915 nonqualified stock options for Seagate Ordinary Shares at an exercise price of $158.40 per share. After this exercise, 17,378 options of this grant remained outstanding, with an expiration date of August 20, 2032.
What vesting schedule applies to the Seagate (STX) options in this filing?
The options were granted under the Seagate Technology plc 2022 Equity Incentive Plan with a four-year vesting schedule: one quarter vested on August 20, 2026, and the remaining portion vests in equal monthly installments over the following three years, subject to continuous employment.
What role does John Christopher Morris hold at Seagate (STX)?
John Christopher Morris is reported as an Executive Vice President and Chief Technology Officer of Seagate Technology Holdings plc, making him a senior officer whose equity transactions require public reporting on Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
