Ban Seng Teh - 03 Jun 2025 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
EVP & Chief Commercial Officer
Signature
/s/ Louis J. Thorson, Attorney-in-Fact for Ban Seng Teh
Issuer symbol
STX
Transactions as of
03 Jun 2025
Net transactions value
-$4,339,686
Form type
4
Filing time
05 Jun 2025, 16:53:42 UTC
Previous filing
28 May 2025
Next filing
10 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Teh Ban Seng EVP & Chief Commercial Officer SEAGATE TECHNOLOGY HOLDINGS PLC, 47488 KATO ROAD, FREMONT /s/ Louis J. Thorson, Attorney-in-Fact for Ban Seng Teh 05 Jun 2025 0001801425

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Options Exercise $476,510 +6,923 +30% $68.83 29,922 03 Jun 2025 Direct F1
transaction STX Ordinary Shares Sale $1,357,080 -11,309 -38% $120.00 18,613 03 Jun 2025 Direct
transaction STX Ordinary Shares Options Exercise $2,135,433 +28,120 +151% $75.94 46,733 04 Jun 2025 Direct
transaction STX Ordinary Shares Options Exercise $1,202,497 +13,768 +29% $87.34 60,501 04 Jun 2025 Direct
transaction STX Ordinary Shares Options Exercise $1,130,248 +17,575 +29% $64.31 78,076 04 Jun 2025 Direct
transaction STX Ordinary Shares Sale $7,927,294 -63,418 -81% $125.00 14,658 04 Jun 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction STX NQ Options Options Exercise $0 -6,923 -45% $0.000000 8,520 03 Jun 2025 Ordinary Shares 6,923 $68.83 Direct F3
transaction STX NQ Options Options Exercise $0 -28,120 -100% $0.000000 0 04 Jun 2025 Ordinary Shares 28,120 $75.94 Direct F4
transaction STX NQ Options Options Exercise $0 -13,768 -92% $0.000000 1,252 04 Jun 2025 Ordinary Shares 13,768 $87.34 Direct F5
transaction STX NQ Options Options Exercise $0 -17,575 -42% $0.000000 24,605 04 Jun 2025 Ordinary Shares 17,575 $64.31 Direct F6
* 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 All Ordinary Shares were sold under a Rule 10b5-1 trading plan adopted by the Reporting Person on October 31, 2024.
F2 These Ordinary Shares were sold in multiple trades at prices ranging from $125.00 to $125.02. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F3 Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. One-quarter of the options vested on September 9, 2023 and the remaining options vest in equal monthly installments over the 36 months following September 9, 2023.
F4 Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. One quarter of the options vested on March 22, 2022. The remaining options vest in equal monthly installments over the 36 months following March 22, 2022.
F5 Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. One quarter of the options vested on September 9, 2022 and the remaining options vest in equal monthly installments over the 36 months following September 9, 2022.
F6 Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. One-quarter of the options vested on September 11, 2024 and the remaining options vest in equal monthly installments over the 36 months following September 11, 2024.