Morris John Christopher 4
4 · Seagate Technology Holdings plc · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Seagate (STX) EVP/CTO Morris John Christopher Sells 112 Shares
What Happened
Morris John Christopher, Executive Vice President & Chief Technology Officer of Seagate Technology Holdings plc (STX), sold 112 ordinary shares in an open-market/private sale on March 13, 2026. The shares were sold at $377.44 per share for reported proceeds of $42,273. This was a sale (not a purchase or option exercise) executed under a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date and price: 2026-03-13, 112 shares at $377.44 each (Sale, code S)
- Reported proceeds: $42,273 (as reported on the Form 4)
- Shares owned after transaction: Not stated in the provided data (not reported here)
- Footnote: Sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 1, 2025 (Footnote F1)
- Filing: Form 4 filed on 2026-03-16 (filed within required business-day window)
Context
A sale under a Rule 10b5-1 plan is typically a pre-arranged trade and is often viewed as routine, not necessarily a reflection of the insider’s current view of the company. For retail investors, purchases can be more informative about insider conviction; disclosed planned sales like this are common for liquidity or diversification purposes.
Insider Transaction Report
- Sale
Ordinary Shares
[F1]2026-03-13$377.44/sh−112$42,273→ 17,580 total
Footnotes (1)
- [F1]These Ordinary Shares were sold under a Rule 10b5-1 trading plan adopted by the Reporting Person on June 1, 2025.