Seagate Technology Holdings plc 4

Teh Ban Seng, EVP & Chief Commercial Officer of Seagate Technology (STX), netted shares from RSU conversions and an option exercise and sold 5,048 ordinary shares for roughly $4.27 million while also receiving new RSU and option grants on August 20, 2026.

On August 20, 2026, Teh Ban Seng, EVP & Chief Commercial Officer of Seagate Technology Holdings plc, exercised multiple tranches of equity awards and executed a programmed sale of shares and new grants. He converted three previously granted RSU awards into a total of 12,141 ordinary shares (2,267 + 7,595 + 2,279) at no cost and exercised 6,048 non-qualified stock options at an exercise price of $158.40 per share, acquiring an additional 6,048 ordinary shares. On the same day, under a Rule 10b5-1 trading plan adopted on February 11, 2026, he sold 5,048 ordinary shares in multiple trades at prices ranging from roughly $829.77 to $852.66 per share, generating an estimated $4.27 million in gross proceeds. Concurrently, he received new equity compensation: RSU grants for 1,775, 417, and 1,389 ordinary shares (total 3,581 RSUs) and a new non-qualified stock option for 4,736 shares at an exercise price of $850.24, all subject to multi-year vesting schedules. Following these transactions, he directly owned 15,072 ordinary shares, with an estimated market value of about $12.9 million based on the prevailing trading prices on the transaction date.

Filing Facts

CIK

1137789

Ticker

STX

Form

4

Source Type

sec

Accession

0001137789-26-000187

Alert Tier

8