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Seagate director Form 4: RSU conversion and tax withholding

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

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 BHATT PRAT
Role Director
Type Security Shares Price Value
Exercise Restricted Share Unit 2,693 $0.00 --
Exercise Ordinary Shares 2,693 $0.00 --
Tax Withholding Ordinary Shares 647 $225.40 $146K
Holdings After Transaction: Restricted Share Unit — 0 shares (Direct); Ordinary Shares — 14,516 shares (Direct)
Footnotes (1)
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
BHATT PRAT

(Last) (First) (Middle)
SEAGATE TECHNOLOGY HOLDINGS PLC
47488 KATO ROAD

(Street)
FREMONT CA 94538

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Seagate Technology Holdings plc [ STX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/19/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Shares 10/19/2025 M 2,693 A $0 14,516 D
Ordinary Shares 10/19/2025 F 647 D $225.4 13,869 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Share Unit $0 10/19/2025 M 2,693 (1) (1) Ordinary Shares 2,693 $0 0 D
Explanation of Responses:
1. 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.
Remarks:
/s/ Louis J. Thorson, Attorney-in-Fact for Prat Bhatt 10/21/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Seagate (STX) report?

A director reported RSU conversion of 2,693 shares (Code M) and tax withholding of 647 shares (Code F) on 10/19/2025.

How many Seagate (STX) shares does the reporting person own after the transaction?

The reporting person directly owns 13,869 ordinary shares after the reported transactions.

What price was used for the tax withholding on the Seagate (STX) shares?

Tax withholding occurred at $225.40 per share for 647 shares.

What do the transaction codes M and F mean in this context?

Code M indicates RSU conversion to shares; Code F indicates shares withheld to cover taxes.

Under which plan were the RSUs granted at Seagate (STX)?

The RSUs were granted under the Seagate Technology Holdings plc 2022 Equity Incentive Plan.

When are the RSU shares scheduled to be released?

Shares release on the earlier of one year from grant or the next AGM following the fiscal year ending on June 27, 2025, subject to the 50‑week condition.