Seagate director Form 4: RSU conversion and tax withholding
Rhea-AI Filing Summary
Seagate Technology Holdings plc disclosed an equity compensation event by a director. On 10/19/2025, 2,693 restricted share units converted into ordinary shares (Code M) at $0, and 647 shares were withheld for taxes (Code F) at $225.40. Following these transactions, the reporting person directly owns 13,869 ordinary shares.
The RSUs were awarded under the 2022 Equity Incentive Plan. Shares are released on the earlier of one year from grant or the next annual general meeting following the fiscal year ending on June 27, 2025, provided the meeting is at least fifty weeks after the prior year’s meeting.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with tax withholding; ownership now 13,869 shares.
A director had 2,693 RSUs convert into ordinary shares on 10/19/2025 at $0 per unit (Code M). To satisfy tax obligations, 647 shares were withheld (Code F) at $225.40 per share.
These actions are typical of equity award vesting mechanics. After settlement, the reporting person holds 13,869 shares directly. RSUs were granted under the 2022 Equity Incentive Plan with release timing tied to the earlier of one year from grant or the next AGM after the fiscal year ending June 27, 2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 2,693 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 2,693 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 647 | $225.40 | $146K |
Footnotes (1)
- F1. Consists of a grant of restricted share units (RSUs) awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan for no consideration. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. Subject to the Reporting Person's continuous service with the Issuer, shares will be released to the Reporting Person on the earlier of (i) one year from the date of grant and (ii) the date of the next annual general meeting of shareholders of the Issuer following the end of the fiscal year ending on June 27, 2025, provided such annual general meeting is at least fifty (50) weeks after the immediately preceding fiscal year's annual general meeting.
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