Form 4: Seagate Director Bruggeworth Reports Share Activity

Director Robert A. Bruggeworth reports the acquisition and disposal of Seagate Technology Holdings plc ordinary shares and restricted share units.

Summary

• On October 19, 2024, Robert A. Bruggeworth, a director of Seagate Technology Holdings plc, reported a transaction involving ordinary shares and restricted share units (RSUs).
• Bruggeworth acquired 4,271 ordinary shares through the vesting of restricted share units.
• Concurrently, Bruggeworth disposed of 4,271 ordinary shares.
• Following these transactions, Bruggeworth beneficially owns 6,591 ordinary shares.
• The RSUs were granted on October 23, 2023, and each RSU represents the right to receive one ordinary share.
• Shares will be released to Bruggeworth one year from the grant date or on the date of the next annual general meeting following the fiscal year ending June 28, 2024, provided the meeting is at least 50 weeks after the previous year's meeting.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly impact sentiment positively or negatively.

Industry Context

This filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency regarding the trading activities of company directors.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it reflects standard executive compensation practices.

Key Dates