Seagate Technology Officer Files Form 144 for Routine Sell-to-Cover
Seagate Technology Holdings plc
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Filing Summary
📋 Form 144 Notice of Proposed Sale Company: Seagate Technology Holdings plc (STX) Insider: John Christopher Morris (Officer) Proposed Sale: 601 Common Shares (~$518,022.27) Broker: Morgan Stanley Approx. Sale Date: 09/10/2026 Note: Issuer-mandated sell-to-cover for RSU tax withholding obligations.
Comprehensive Analysis
Executive Summary
On September 10, 2026, John Christopher Morris, an Officer of Seagate Technology Holdings plc, filed a Form 144 notice proposing the sale of 601 shares of common stock through Morgan Stanley, with an estimated market value of $518,022.27.
Transaction Details
- Securities to be Sold: 601 shares of Common Stock
- Estimated Aggregate Market Value: $518,022.27 (~$861.93/share)
- Source of Shares: RSU vestings acquired on September 9, 2026 (631 and 500 shares) as compensation for services.
- Transaction Intent: The filing remarks confirm that this proposed sale is an issuer-mandated sell-to-cover transaction solely to satisfy tax withholding obligations arising from RSU vestings.
Prior 3-Month Activity
The filer has completed several previous sales over the prior three months totaling 6,145 shares for gross proceeds of approximately $5.23M.
Market & Trading Significance
This filing carries Low trading significance as it represents a non-discretionary, routine tax-withholding sale rather than an open-market discretionary divestment.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
