Seagate Technology ($STX) Director Reports RSU Vesting & Tax Withholding

Executive Summary

On October 26, 2026, Seagate Technology Holdings plc ($STX) filed a Form 4 for Director Jay L. Geldmacher detailing routine equity compensation activity that took place on October 24, 2026.

Transaction Breakdown

1. RSU Vesting & Acquisition (Code M):
   • Shares Acquired: 1,580 Ordinary Shares at $0.00 upon the vesting of restricted share units granted in October 2025.
2. Tax Withholding (Code F):
   • Shares Disposed: 380 Ordinary Shares were surrendered to the issuer to cover tax liabilities at an implied price of $630.49 per share, totaling approximately $239,586.20.
3. Annual Equity Grant (Code A):
   • Derivative Award: Granted 345 new Restricted Share Units (RSUs) under the Seagate 2022 Equity Incentive Plan. These will vest on the earlier of one year or the next annual shareholder meeting.

Post-Transaction Holdings

• Following these transactions, Jay L. Geldmacher directly owns 1,423 Ordinary Shares and holds 345 unvested RSUs.

Market & Trading Significance

This filing represents standard board compensation and administrative tax withholding. Because there were no open-market purchases or sales, the trading significance is Low.