John Christopher Morris - 07 May 2024 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Signature
/s/ Louis J. Thorson, Attorney-in-Fact for John C. Morris
Issuer symbol
STX
Transactions as of
07 May 2024
Net transactions value
-$1,004,220
Form type
4
Filing time
08 May 2024, 19:52:33 UTC
Previous filing
12 Mar 2024
Next filing
11 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Sale $1,004,220 -11,158 -39% $90.00 17,767 07 May 2024 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 sales of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 6, 2024.