Form 4: Seagate CEO William Mosley Reports Share Transactions
SEC Form 4 Filing
William Mosley, CEO of Seagate Technology Holdings plc, reports the acquisition and disposal of ordinary shares and restricted share units.
Summary
- William Mosley, the CEO of Seagate Technology Holdings plc, filed a Form 4 with the SEC.
- On March 9, 2024, Mosley acquired 2,814 ordinary shares at $0 and disposed of 1,000 ordinary shares at $92.69.
- These transactions resulted in Mosley beneficially owning 672,192 ordinary shares.
- Mosley also disposed of 2,814 restricted share units (RSUs) which converted into ordinary shares.
- Following the reported transactions, Mosley owns 28,145 derivative securities in the form of RSUs.
- The disposal of 1,000 shares was to cover tax liabilities.
Sentiment
Score: 5
Explanation: This is a neutral filing of insider transactions, with no inherent positive or negative sentiment. It simply reflects the CEO's trading activity.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders, as insider trading activity is often scrutinized by investors.
Key Dates
| Date | Description |
|---|---|
| 03/09/2024 | Date of transactions involving ordinary shares and restricted share units. |
| 03/12/2024 | Date of signature of the Form 4 filing. |
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