Form 4: Seagate CEO William Mosley Reports Stock 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
- On June 9, 2024, William Mosley, the CEO of Seagate Technology Holdings plc, reported transactions involving the company's ordinary shares and restricted share units (RSUs).
- Mosley acquired 2,814 ordinary shares through the vesting of RSUs.
- He also disposed of 1,061 ordinary shares to cover tax liabilities related to the vesting of these securities at a price of $96.11 per share.
- Following these transactions, Mosley directly owns 673,945 ordinary shares and 25,331 restricted share units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the CEO's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 09/09/2023 | RSUs vest as to one-quarter of the shares on September 9, 2023 and then in equal quarterly installments thereafter. |
| 06/09/2024 | Date of transaction: acquisition of 2,814 ordinary shares and disposal of 1,061 ordinary shares. |
| 06/11/2024 | Date of signature for the Form 4 filing. |
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