Gianluca Romano - 29 May 2025 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
EVP & CFO
Signature
/s/ Louis J. Thorson, Attorney-in-Fact for Gianluca Romano
Issuer symbol
STX
Transactions as of
29 May 2025
Transactions value $
-$3,745,676
Form type
4
Filing time
30 May 2025, 17:07:07 UTC
Previous filing
12 Mar 2025
Next filing
10 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Romano Gianluca EVP & CFO SEAGATE TECHNOLOGY HOLDINGS PLC, 47488 KATO ROAD, FREMONT /s/ Louis J. Thorson, Attorney-in-Fact for Gianluca Romano 30 May 2025 0001764650

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Sale -$1,865,091 -15,918 -25% $117.17 47,182 29 May 2025 Direct F1, F2
transaction STX Ordinary Shares Sale -$1,069,755 -9,100 -19% $117.56 38,082 29 May 2025 Direct F1, F3
transaction STX Ordinary Shares Options Exercise $2,342,109 +26,816 +70% $87.34 64,898 30 May 2025 Direct F4
transaction STX Ordinary Shares Sale -$1,834,702 -15,631 -24% $117.38 49,267 30 May 2025 Direct F4, F5
transaction STX Ordinary Shares Sale -$1,318,236 -11,185 -23% $117.86 38,082 30 May 2025 Direct F4, F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction STX NQ Options Options Exercise $0 -26,816 -83% $0 5,364 30 May 2025 Ordinary Shares 26,816 $87.34 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These Ordinary Shares were sold under a Rule 10b5-1 trading plan adopted by the Reporting Person on January 27, 2025.
F2 These Ordinary Shares were sold in multiple trades at prices ranging from $116.43 to $117.41. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F3 These Ordinary Shares were sold in multiple trades at prices ranging from $117.45 to $117.92. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F4 The option exercise and sales of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 27, 2025.
F5 These Ordinary Shares were sold in multiple trades at prices ranging from $116.67 to $117.65. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F6 These Ordinary Shares were sold in multiple trades at prices ranging from $117.67 to $118.24. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F7 Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one-quarter of the options will vest on September 9, 2022 and the remaining options vest in equal monthly installments over the 36 months following September 9, 2022.