Seagate Technology Director Mark Adams Reports RSU Vesting and Tax Withholding

Executive Summary

On October 26, 2026, Seagate Technology Holdings plc ($STX) filed a Form 4 on behalf of Director Mark Adams detailing equity transactions executed on October 24, 2026. The filing reflects the vesting of restricted share units (RSUs), mandatory tax withholding, and a new director equity grant.

Transaction Breakdown

• RSU Vesting (Code M): 1,580 RSUs vested and converted into Ordinary Shares on a 1-for-1 basis at $0 per share.
• Tax Withholding (Code F): 380 Ordinary Shares were withheld by the issuer to cover tax liabilities associated with the vesting event at a price of $630.49 per share, totaling approximately $239,586.20.
• New RSU Award (Code A): 345 restricted share units were awarded pursuant to the Seagate Technology Holdings plc 2022 Equity Incentive Plan.

Post-Transaction Holdings

Following these transactions, Mark Adams directly holds 3,246 Ordinary Shares and 345 newly granted unvested RSUs.

Trading Significance

This filing represents standard director compensation and routine administrative transactions (equity vesting and associated statutory tax withholding). It does not reflect discretionary open-market buying or selling and has low trading significance.