Ban Seng Teh - 09 Jun 2025 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
09 Jun 2025
Net transactions value
-$389,248
Form type
4
Filing time
10 Jun 2025, 17:00:25 UTC
Previous filing
05 Jun 2025
Next filing
15 Jul 2025

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 10 Jun 2025 0001801425

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Sale $467,220 -3,594 -25% $130.00 11,064 09 Jun 2025 Direct F1
transaction STX Ordinary Shares Options Exercise $77,972 +599 +5.4% $130.17 11,663 09 Jun 2025 Direct

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 Restricted Share Unit Options Exercise $0 -599 -17% $0.000000 2,996 09 Jun 2025 Ordinary Shares 599 Direct F2, F3
* 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 These Ordinary Shares were sold under a Rule 10b5-1 trading plan adopted by the Reporting Person on October 31, 2024.
F2 Each restricted share unit ("RSU") represents a contingent right to receive one Ordinary Share of the Issuer.
F3 Consists of a grant of RSUs awarded to the reporting person under the Seagate Technology plc 2022 Equity Incentive Plan subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one-quarter vested starting on September 9, 2023 and then in equal quarterly installments thereafter.