Seagate Technology Holdings plc (STX) insider trade and option exercise
Rhea-AI Filing Summary
Seagate Technology Holdings plc executive Ban Seng Teh, EVP & Chief Commercial Officer, reported equity award activity and a share sale dated December 11, 2025. He acquired ordinary shares through the vesting or exercise of equity awards, including 989 shares at an exercise price of $0, 532 shares at $68.83, and 879 shares at $64.31.
On the same date, he sold 2,010 ordinary shares at a price of $295.9 per share, and held 13,693 ordinary shares directly after the reported transactions. The option exercise and sale of ordinary shares were carried out under a Rule 10b5-1 trading plan adopted on October 31, 2024. The filing also describes four-year vesting schedules for his restricted share units and stock options granted under the company’s 2022 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 989 | $0.00 | -- |
| Exercise | NQ Options | 532 | $0.00 | -- |
| Exercise | NQ Options | 879 | $0.00 | -- |
| Exercise | Ordinary Shares | 989 | $0.00 | -- |
| Exercise | Ordinary Shares | 532 | $68.83 | $37K |
| Exercise | Ordinary Shares | 879 | $64.31 | $57K |
| Sale | Ordinary Shares | 2,010 | $295.90 | $595K |
Footnotes (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. Consists of a grant of restricted share unit awarded to the reporting person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan ("the 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. 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. 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.