STOCK TITAN

Seagate (NASDAQ: STX) EVP Teh Ban Seng trades options, sells shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Seagate Technology Holdings plc executive Teh Ban Seng, EVP & Chief Commercial Officer, reported multiple stock transactions on January 12, 2026. He exercised non-qualified stock options for 533 ordinary shares at $68.83 and 879 ordinary shares at $64.31, then sold 1,412 ordinary shares at $299.31. These trades were carried out under a Rule 10b5-1 trading plan adopted on October 31, 2024. Following the sale, he directly owned 13,693 ordinary shares. He also continued to hold options covering 4,260 and 17,575 ordinary shares, with four-year vesting schedules that began vesting on September 9, 2023 and September 11, 2024, respectively.

Positive

  • None.

Negative

  • None.
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).
X
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*
Teh Ban Seng

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Chief Commercial Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/12/2026
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 01/12/2026 M 533(1) A $68.83 14,226 D
Ordinary Shares 01/12/2026 M 879 A $64.31 15,105 D
Ordinary Shares 01/12/2026 S 1,412 D $299.31 13,693 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
NQ Options $68.83 01/12/2026 M 533 (2) 09/09/2029 Ordinary Shares 533 $0 4,260 D
NQ Options $64.31 01/12/2026 M 879 (3) 09/11/2030 Ordinary Shares 879 $0 17,575 D
Explanation of Responses:
1. The option exercise and sale of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 31, 2024.
2. Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. One-quarter of the options vested on September 9, 2023 and the remaining options vest in equal monthly installments over the 36 months following September 9, 2023.
3. Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. One-quarter of the options vested on September 11, 2024 and the remaining options vest in equal monthly installments over the 36 months following September 11, 2024.
Remarks:
/s/ Louis J. Thorson, Attorney-in-Fact for Ban Seng Teh 01/14/2026
** 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

Who reported insider transactions in Seagate Technology (STX)?

The reporting person is Teh Ban Seng, who serves as EVP & Chief Commercial Officer of Seagate Technology Holdings plc.

What Seagate ordinary share transactions did Teh Ban Seng report on January 12, 2026?

On January 12, 2026, he exercised options into 533 ordinary shares at $68.83 and 879 shares at $64.31, and sold 1,412 ordinary shares at $299.31.

How many Seagate shares does Teh Ban Seng own after the reported transactions?

After the reported transactions, he directly owned 13,693 ordinary shares of Seagate Technology Holdings plc.

Were Teh Ban Seng’s Seagate (STX) trades under a Rule 10b5-1 plan?

Yes. The option exercises and sale of ordinary shares were carried out under a Rule 10b5-1 trading plan adopted on October 31, 2024.

What Seagate stock options does Teh Ban Seng still hold?

He held non-qualified options covering 4,260 and 17,575 ordinary shares, each subject to a four-year vesting schedule with initial vesting on September 9, 2023 and September 11, 2024, respectively.

What is the vesting schedule for Teh Ban Seng’s Seagate options?

For each grant, one-quarter of the options vested on the initial vesting date, with the remainder vesting in equal monthly installments over 36 months after that date.

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