Seagate director Prat Bhatt converts award to 1,580 shares
The separate 345-RSU award is subject to continuous service and a release schedule tied to the next annual general meeting.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Seagate Technology Holdings plc director Prat Bhatt converted 1,580 restricted share units into 1,580 ordinary shares on October 24, 2026. On that date, 380 ordinary shares were delivered or withheld for payment of exercise price or tax liability at a reported $630.49 per share. Bhatt also received a 345-RSU award for no consideration, subject to continuous service; shares are released on the earlier of one year from grant or the next annual general meeting following the fiscal year ending July 2, 2027, if that meeting is at least 50 weeks after the preceding annual general meeting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit F1 | 1,580 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Unit F2 | 345 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 1,580 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 380 | $630.49 | $240K |
Footnotes (2)
- F1. Consists of a grant of restricted share units (RSUs) awarded to the Reporting Person on October 25, 2025 under the Seagate Technology Holdings plc 2022 Equity Incentive Plan (the "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 July 3, 2026, provided such annual general meeting is at least fifty (50) weeks after the immediately preceding fiscal year's annual general meeting.
- F2. Consists of a grant of restricted share units (RSUs) awarded to the Reporting Person on October 24, 2026 under the Seagate Technology Holdings plc 2022 Equity Incentive Plan (the "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 July 2, 2027, provided such annual general meeting is at least fifty (50) weeks after the immediately preceding fiscal year's annual general meeting.
Key Figures
Key Terms
2022 Equity Incentive Plan financial
contingent right financial
continuous service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.