Ban Seng Teh - 13 Dec 2023 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Signature
/s/ Louis J. Thorson, Attorney-in-Fact for Ban Seng Teh
Issuer symbol
STX
Transactions as of
13 Dec 2023
Net transactions value
-$850,000
Form type
4
Filing time
14 Dec 2023, 16:42:13 UTC
Previous filing
12 Dec 2023
Next filing
12 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Sale $850,000 -10,000 -29% $85.00 24,289 13 Dec 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sale of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on June 7, 2023 by the Reporting Person.