Seagate (STX) Director Yolanda Lee Sells 750 Shares

What Happened
Director Yolanda Lee sold 750 ordinary shares of Seagate Technology (STX) on March 2, 2026, at $393.59 per share, generating proceeds of approximately $295,193. The sale was executed under a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date and price: March 2, 2026 — 750 shares at $393.59 each (Sale, code S).
• Total proceeds: ~$295,193.
• Shares owned after transaction: Not specified in the Form 4 excerpt provided.
• Footnote: The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by Ms. Lee on August 4, 2025.
• Filing: Form 4 was filed March 3, 2026 (the filing appears timely relative to the March 2 transaction).

Context
Sales under Rule 10b5-1 plans are pre-arranged and commonly used to systematically sell holdings; they are often routine and do not necessarily reflect the insider’s current view of the company. Purchases are generally more informative about insider conviction than routine plan sales.