Seagate EVP exercises 678 RSUs into shares
Seagate Technology Holdings plc executive vice president of global operations Chong Kian Fatt exercised restricted share units into ordinary shares as part of his equity compensation.
Rhea-AI Filing Summary
Seagate Technology Holdings plc executive vice president of global operations Chong Kian Fatt exercised restricted share units into ordinary shares as part of his equity compensation. On March 11, 2026, 678 restricted share units converted into 678 ordinary shares at a stated price of 0.0000 per share, reflecting a non-cash equity grant.
The footnote explains this award was granted under the Seagate Technology Holdings plc 2022 Equity Incentive Plan and vests over four years, with one-quarter vesting starting on September 11, 2024 and the remainder in equal quarterly installments. Following this vesting event, he directly holds 1,259 ordinary shares and 4,070 restricted share units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 678 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 678 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
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What did Seagate (STX) EVP Chong Kian Fatt report in this Form 4?
Does this Seagate Form 4 show an open-market stock sale or purchase?
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