Lee James CI 4

4 · Seagate Technology Holdings plc · Filed Apr 23, 2026

AI-generated summary of this filing

Updated Apr 23, 2026

Seagate (STX) EVP & CLO Lee James Exercises RSUs; 540 Shares Withheld

What Happened

Lee James CI, Executive Vice President & Chief Legal Officer of Seagate Technology Holdings plc, had restricted stock units (RSUs) convert into 1,237 ordinary shares on April 22, 2026. The RSUs converted at $0 cost to the reporting person (code M).
To cover tax withholding, 540 of those shares were surrendered/disposed (code F) at $579.88 per share, resulting in approximately $313,135 withheld and reported as a disposition. The conversion and withholding are typical for vested equity awards.

Key Details

Transaction date: April 22, 2026; Form filed April 23, 2026 (filed promptly).
Conversion: 1,237 RSUs converted into 1,237 ordinary shares (reported as acquired via code M at $0).
Tax withholding: 540 shares disposed at $579.88 each = ~$313,135 (code F).
Footnotes: F2/F3 confirm these were RSUs granted under the 2022 Equity Incentive Plan that vested quarterly; F1 notes 67 shares were purchased Jan 31, 2026 under the employee stock purchase plan (exempt from reporting under Rule 16b-3).
Ownership after transaction: total post-transaction holdings are not provided in the excerpt of the filing.

Context

This was not an open-market buy or sell for investment; it reflects RSU vesting and standard tax-withholding (a cashless-type settlement where shares are surrendered to cover taxes).
Such filings disclose compensation vesting and tax payments rather than a deliberate purchase or sale decision; they are routine for executives receiving equity awards.

Form 4

Period: 2026-04-22

EVP & CLO

Transactions

Exercise/Conversion
Ordinary Shares
[F1]
2026-04-22+1,237→ 1,561 total
Tax Payment
Ordinary Shares
2026-04-22$579.88/sh−540$313,135→ 1,021 total
Exercise/Conversion
Restricted Share Unit
[F2][F3]
2026-04-22−1,237→ 11,139 total
→ Ordinary Shares (1,237 underlying)

Footnotes (3)

[F1]Includes 67 Ordinary Shares purchased by Reporting Person on January 31, 2026 under the Issuer's Employee Stock Purchase Plan. Such acquisition is exempt from reporting pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.
[F2]Each restricted share unit ("RSU") represents a contingent right to receive one Ordinary Share of the Issuer.
[F3]Consists of a grant of RSUs awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan. Such RSUs vested as to one-quarter of the shares on July 22, 2025 and then in equal quarterly installments thereafter.

Signature

/s/ Louis J. Thorson, Attorney-in-fact for James C. Lee|2026-04-23

1 file