Seagate Technology Director Files Form 144 to Sell 750 Shares Under 10b5-1 Plan
Seagate Technology Holdings plc
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Filing Summary
š Form 144 Notice of Proposed Sale ⢠Company: Seagate Technology Holdings plc ($STX) ⢠Insider: Yolanda Lee Conyers (Director) ⢠Proposed Sale: 750 Common Shares (~$621,285.00) ⢠Plan Date: 10b5-1 adopted on 08/04/2025 ⢠Broker: Morgan Stanley Smith Barney LLC
Comprehensive Analysis
Executive Summary
On September 1, 2026, Yolanda Lee Conyers, Director of Seagate Technology Holdings plc (CIK: 0001137789), filed a Form 144 notice with the SEC indicating an intention to sell 750 common shares. The aggregate market value of the proposed transaction is approximately $621,285.00, representing an estimated price of $828.38 per share.
Transaction & Filing Details
- Securities to be Sold: 750 Common Shares
- Aggregate Market Value: $621,285.00
- Acquisition Origin: Shares were originally acquired on October 19, 2024, via Restricted Stock Units (RSUs) directly from the issuer.
- Execution Framework: The planned transaction is governed by a pre-scheduled Rule 10b5-1 trading plan adopted on August 4, 2025.
- Broker: Morgan Stanley Smith Barney LLC Executive Financial Services
Market & Governance Context
Given the relatively small transaction size (750 shares against 226,644,518 shares outstanding) and the fact that the sale is being conducted pursuant to a pre-arranged Rule 10b5-1 trading plan, this filing carries Low trading significance and does not reflect an unprompted sentiment shift regarding company operations.
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