Seagate CFO exercises 1,695 RSUs, 847 shares withheld
Seagate Technology Holdings plc EVP & CFO Gianluca Romano exercised previously granted restricted share units that converted into 1,695 ordinary shares on March 11, 2026.
Rhea-AI Filing Summary
Seagate Technology Holdings plc EVP & CFO Gianluca Romano exercised previously granted restricted share units that converted into 1,695 ordinary shares on March 11, 2026. These units were awarded under the Seagate Technology Holdings plc 2022 Equity Incentive Plan and vest over a four-year period, subject to continued employment.
To cover tax obligations on this vesting event, 847 ordinary shares were withheld at a price of $385.97 per share. After these transactions, Romano directly holds 65,335 ordinary shares of Seagate, reflecting routine compensation-related equity activity rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 1,695 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 1,695 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 847 | $385.97 | $327K |
Footnotes (1)
- F1. Consists of a grant of restricted share unit awarded to the reporting person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan. Subject to the Reporting Person's continuous employment, one-quarter vested starting on September 11, 2024 and then in equal quarterly installments over the following three years for a total vesting period of four years.
FAQ
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What did Seagate (STX) EVP & CFO Gianluca Romano report in this Form 4?
Were Gianluca Romano’s Seagate (STX) Form 4 transactions open-market buys or sells?
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