STX Form 4: Director converts 2,693 RSUs; ends with 6,351 shares
Rhea-AI Filing Summary
Seagate Technology Holdings plc (STX) reported a director transaction. On 10/19/2025, Director Yolanda Lee Conyers settled restricted share units into 2,693 Ordinary Shares at an exercise price of $0 (Code M). To cover taxes, 647 shares were withheld at a price of $225.4 (Code F). Following these actions, she beneficially owns 6,351 shares, held directly.
The RSUs were issued under the 2022 Equity Incentive Plan, with release conditions tied to service and the next annual general meeting or one year from grant, as described.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,046 shares
Net Buy
3 txns
Insider
Conyers Yolanda Lee
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 2,693 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 2,693 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 647 | $225.40 | $146K |
Holdings After Transaction:
Restricted Share Unit — 0 shares (Direct);
Ordinary Shares — 6,351 shares (Direct)
Footnotes (1)
- F1. Consists of a grant of restricted share units (RSUs) awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive 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 June 27, 2025, provided such annual general meeting is at least fifty (50) weeks after the immediately preceding fiscal year's annual general meeting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Seagate (STX) disclose?
A director converted RSUs into 2,693 Ordinary Shares (Code M) and had 647 shares withheld for taxes (Code F) on 10/19/2025.
What do the Form 4 transaction codes M and F mean for STX?
Code M indicates an RSU conversion into shares; Code F indicates shares withheld to satisfy tax obligations.
Under which plan were the RSUs issued at Seagate (STX)?
The RSUs were issued under the Seagate Technology Holdings plc 2022 Equity Incentive Plan.
What are the RSU release conditions mentioned for STX?
Release occurs on the earlier of one year from grant or the next annual general meeting following the fiscal year ending June 27, 2025, subject to continuous service.