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Seagate Technology — Director's Dealing 2025
Feb 24, 2025
9954_dirs_2025-02-24_6d871f4e-e386-4167-bc20-83f56049aee0.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Seagate Technology Holdings plc (STX)
CIK: 0001137789
Period of Report: 2025-02-20
Reporting Person: Romano Gianluca (EVP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-20 | Ordinary Shares | M | 11808 | — | Acquired | 59540 | Direct |
| 2025-02-20 | Ordinary Shares | F | 4698 | $102.64 | Disposed | 54842 | Direct |
| 2025-02-22 | Ordinary Shares | M | 14043 | — | Acquired | 68885 | Direct |
| 2025-02-22 | Ordinary Shares | F | 7096 | $100.85 | Disposed | 61789 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-20 | Performance-Based Restricted Share Units | $0 | M | 11808 | Disposed | Ordinary Shares (11808) | Direct | |
| 2025-02-22 | Restricted Share Unit | $0 | M | 14043 | Disposed | Ordinary Shares (14043) | Direct |
Footnotes
F1: Includes 144 Ordinary Shares purchased by Reporting Person on January 31, 2025 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: On January 18, 2025 the Compensation and People Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to the 11,808 Performance Share Units granted to Mr. Romano on February 20, 2024. The 11,808 Ordinary Shares vested on February 20, 2025.
F3: Consists of a grant of Restricted Share Units ("RSU") awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan. Subject to the Reporting Person's continuous employment, such RSUs vested as to one-quarter of the shares on February 22, 2023, and each one year anniversary thereafter.