Seagate (STX) CFO Romano exercises 1,695 RSUs, ends with 65,335 shares
Filing Impact
Filing Sentiment
Form Type
4
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
1,695 shares exercised/converted
Mixed
3 txns
Insider
Romano Gianluca
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 1,695 | $0.00 | -- |
| Exercise | Ordinary Shares | 1,695 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 847 | $385.97 | $327K |
Holdings After Transaction:
Restricted Share Unit — 10,170 shares (Direct);
Ordinary Shares — 66,182 shares (Direct)
Footnotes (1)
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FAQ
What did Seagate (STX) EVP & CFO Gianluca Romano report in this Form 4?
Gianluca Romano reported the vesting and exercise of restricted share units into 1,695 ordinary shares. The units were granted under Seagate’s 2022 Equity Incentive Plan and vest over four years, reflecting standard stock-based compensation rather than an open-market transaction.
Were Gianluca Romano’s Seagate (STX) Form 4 transactions open-market buys or sells?
No, the transactions were not open-market buys or sells. They consisted of the exercise of restricted share units into 1,695 ordinary shares and a related tax-withholding disposition of 847 shares, both typical elements of equity-based executive compensation.