Form 4: Seagate CFO Gianluca Romano Reports Stock Transactions
SEC Form 4 Filing
EVP & CFO of Seagate Technology Holdings, Gianluca Romano, reports the acquisition and disposition of ordinary shares and restricted share units.
Summary
- Gianluca Romano, the EVP & CFO of Seagate Technology Holdings, filed a Form 4 detailing changes in beneficial ownership.
- On March 9, 2024, Romano acquired 958 ordinary shares through the vesting of restricted share units (RSUs).
- Also on March 9, 2024, Romano disposed of 485 ordinary shares at a price of $92.69 per share to cover tax liabilities related to the vesting of securities.
- Following these transactions, Romano beneficially owns 72,877 ordinary shares and 9,582 restricted share units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company executive, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation activities.
Key Dates
| Date | Description |
|---|---|
| 03/09/2024 | Date of transaction: Acquisition of ordinary shares through RSU vesting and disposition of shares for tax liabilities. |
| 03/12/2024 | Date of signature for the Form 4 filing. |
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