Seagate EVP sells 989 shares at $880.19
Seagate Technology Holdings plc EVP & Chief Commercial Officer Teh Ban Seng exercised and sold shares in a routine, pre-planned transaction.
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Rhea-AI Filing Summary
Seagate Technology Holdings plc EVP & Chief Commercial Officer Teh Ban Seng exercised and sold shares in a routine, pre-planned transaction. On June 11, 2026, he exercised 989 Restricted Share Units into the same number of Ordinary Shares at $0.00 per share. On June 12, 2026, he executed an open-market sale of 989 Ordinary Shares at an average price of $880.19 per share under a Rule 10b5-1 trading plan adopted on February 11, 2026. After the sale, he directly owned 4,290 Ordinary Shares and held 4,945 Restricted Share Units from the referenced grant, which continues to vest over a four-year period, subject to continued employment.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 989 | $880.19 | $871K |
| Exercise | Restricted Share Unit | 989 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 989 | $0.00 | $0.00 |
Footnotes (2)
- F1. These Ordinary Shares were sold under a Rule 10b5-1 trading plan adopted by the Reporting Person on February 11, 2026.
- F2. 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.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
2022 Equity Incentive Plan financial
open-market sale financial
derivative exercise/conversion financial
FAQ
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What insider transactions did Seagate (STX) executive Teh Ban Seng report?
Was the Seagate (STX) insider sale made under a Rule 10b5-1 plan?
What equity award did the Seagate (STX) executive exercise in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.