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Seagate Technology EVP & CCO Ban Seng Teh Sells $570K in Ordinary Shares Under 10b5-1 Plan

Low SignificanceSeptember 11, 2026 at 9:09:11 PM UTC

Seagate Technology Holdings plc

$STX4CIK: 0001137789

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Filing Summary

# Insider Transaction Report: Seagate Technology Holdings plc (STX)
**Insider:** Teh Ban Seng | EVP & Chief Commercial Officer
**Filing Date:** 2026-09-11 | **Transaction Date:** 2026-09-10

### Transaction Summary
* **Type:** Open Market Sale (Rule 10b5-1 Plan)
* **Shares Sold:** 663 @ $860.09
* **Total Value:** $570,239.67
* **Direct Holdings Remaining:** 5,810 shares

### Additional Derivative Activity
* **RSU Conversions:** 1,263 Ordinary Shares acquired via RSU vesting on 2026-09-09 ($0.00 exercise price).

Comprehensive Analysis

Overview & Insider Context

On September 11, 2026, Ban Seng Teh, Executive Vice President & Chief Commercial Officer of Seagate Technology Holdings plc (STX), filed a Form 4 disclosing RSU vesting and share disposition activities.

Key Transaction Breakdown

  • RSU Vesting (2026-09-09): Converted two tranches of Restricted Share Units (600 shares and 663 shares) into a total of 1,263 Ordinary Shares at $0.00 cost basis.
  • Open Market Sale (2026-09-10): Sold 663 Ordinary Shares at a price of $860.09 per share, generating gross proceeds of approximately $570,239.67.
  • Post-Transaction Holdings: Following these transactions, Ban Seng Teh directly holds 5,810 Ordinary Shares and retains 5,306 unvested RSUs.

Strategic & Market Implications

  • Rule 10b5-1 Pre-arranged Trading: The sale was executed under a pre-established Rule 10b5-1 trading plan adopted on February 11, 2026, indicating routine diversification rather than discretionary market timing.
  • Significance: Low. The disposition represents standard liquidity and tax-related planning following regular quarterly RSU vesting schedules.
Topics:#STX#Seagate#InsiderTrading#Form4#TechStocks

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