Seagate Technology EVP & CCO Ban Seng Teh Sells 989 Shares Under 10b5-1 Plan

Executive Summary

On September 15, 2026, Seagate Technology Holdings plc ($STX) filed a Form 4 reporting transactions by Teh Ban Seng, Executive Vice President & Chief Commercial Officer. The insider acquired 989 Ordinary Shares upon the vesting of restricted share units (RSUs) on September 11, 2026, and subsequently sold 989 Ordinary Shares on September 14, 2026, at a price of $779.00 per share for total proceeds of $770,431.00.

Transaction Details

• RSU Vesting (Code M): 989 shares acquired at $0.00 on September 11, 2026.
• Open Market Sale (Code S): 989 shares sold at $779.00 per share on September 14, 2026.
• Post-Transaction Holdings: 5,810 Ordinary Shares held directly, alongside 3,956 unvested RSUs.
• Trading Plan: The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on February 11, 2026.

Significance & Market Impact

The trading significance is rated Low. The transaction represents a routine vest-and-sell pattern executed automatically under an existing Rule 10b5-1 plan rather than discretionary, opportunistic insider selling.