Seagate Technology Officer Ban Seng Teh Files Form 144 to Sell $770K in Stock

Form 144 Filing Overview: Seagate Technology Holdings plc ($STX)

Summary

On September 14, 2026, Ban Seng Teh, an Officer at Seagate Technology Holdings plc, submitted a Form 144 filing indicating the proposed sale of 989 common shares with an estimated aggregate market value of $770,431.00.

Key Details

• Security: Common Stock
• Shares to be Sold: 989 shares
• Estimated Price per Share: ~$779.00
• Total Value: $770,431.00
• Broker: Morgan Stanley Smith Barney LLC Executive Financial Services
• Acquisition Details: The shares were recently acquired as restricted stock directly from the issuer on September 11, 2026.
• Trading Plan: The proposed sale is executed pursuant to a Rule 10b5-1 trading plan adopted on February 11, 2026.

Prior 3-Month Activity

The filer has reported several sales over the preceding 3 months:

• 09/10/2026: 663 shares for $570,239.67
• 08/21/2026: 9,862 shares for $8,411,971.40
• 08/20/2026: 6,048 shares for $5,098,254.74
• 08/13/2026: 7,361 shares for $6,778,028.17

Market Impact & Assessment

The transaction is classified as Low Significance as it represents routine execution under a pre-established Rule 10b5-1 plan following recent restricted stock vesting, consistent with the insider's established liquidation schedule.