Seagate Technology Holdings plc·4

Mar 12, 4:11 PM ET

Morris John Christopher 4

4 · Seagate Technology Holdings plc · Filed Mar 12, 2026

Research Summary

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Seagate (STX) EVP/CTO Morris John Christopher Converts RSUs, Withholds 430

What Happened Morris John Christopher, Seagate Technology Holdings plc's EVP & CTO, had 942 restricted share units (RSUs) convert/vest on March 11, 2026 (reported on Form 4 filed 2026-03-12). The RSUs converted into 942 shares at $0.00 (no exercise price). To satisfy tax withholding, 430 shares were withheld/disposed at $385.97 per share for a total withholding value of $165,967. Net shares retained from this vesting event were 512 (942 acquired minus 430 withheld).

Key Details

  • Transaction date: 2026-03-11; Form 4 filed: 2026-03-12 (timely filing).
  • Conversion/vesting: 942 shares acquired at $0.00 (derivative code M).
  • Tax withholding: 430 shares withheld/disposed at $385.97, total $165,967 (code F).
  • Net shares retained from the event: 512 shares.
  • Shares owned after transaction: not reported in the summary data provided on this request.
  • Footnote: These RSUs were granted under Seagate’s 2022 Equity Incentive Plan and vest over four years (one-quarter began Sept 11, 2024, then quarterly over three years).

Context This was a routine RSU vesting and tax-withholding event (a cashless withholding rather than an open-market sale). The $0.00 acquisition price reflects RSU conversion rather than a paid option exercise. Withholding of shares for taxes is common and does not by itself indicate a change in insider sentiment.

Insider Transaction Report

Form 4
Period: 2026-03-11
Transactions
  • Exercise/Conversion

    Ordinary Shares

    2026-03-11+94218,122 total
  • Tax Payment

    Ordinary Shares

    2026-03-11$385.97/sh430$165,96717,692 total
  • Exercise/Conversion

    Restricted Share Unit

    [F1]
    2026-03-119425,652 total
    Exercise: $0.00Ordinary Shares (942 underlying)
Footnotes (1)
  • [F1]Consists of a grant of restricted share unit awarded to the reporting person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan. Subject to the Reporting Person's continuous employment, one-quarter vested starting on September 11, 2024 and then in equal quarterly installments over the following three years for a total vesting period of four years.
Signature
/s/ Louis J. Thorson, Attorney-in-Fact for John C. Morris|2026-03-12

Documents

1 file
  • 4
    wk-form4_1773346283.xmlPrimary

    FORM 4