Tilenius Stephanie 4

What Happened Stephanie Tilenius, a director of Seagate Technology Holdings plc (STX), sold a total of 1,580 ordinary shares in open-market transactions on May 5, 2026. The filing reports sales of 1,540 shares at a weighted average of $766.60 (proceeds $1,180,557) and 40 shares at $767.33 (proceeds $30,693), for aggregate proceeds of approximately $1,211,250. These were sales (transaction code S), not purchases or awards.

Key Details

• Transaction date: 2026-05-05 (reported on Form 4 filed 2026-05-06 — filed next day, which is timely under normal Form 4 rules).
• Reported sales: 1,540 shares @ $766.60 (reported weighted avg) and 40 shares @ $767.33; total ~1,580 shares, ~$1.21M proceeds.
• Footnote: F1 states the shares were sold in multiple trades at prices ranging $766.29–$767.25 and that the reported prices are weighted averages; the reporting person can provide full trade-by-trade details on request.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• No 10b5-1 plan, tax-withholding, or gift/award footnotes disclosed in the excerpt.

Context This was an outright sale by a company director. Sales are common insider activity and do not necessarily signal a change in the director’s view of the company; they can reflect routine portfolio management, tax needs, or other personal reasons. Purchases tend to be watched more closely by investors as a stronger signal of insider confidence.