Form 4: Seagate Director Yolanda Lee Conyers Reports Share Transactions

Director Yolanda Lee Conyers reports acquisition and disposal of Seagate Technology Holdings plc ordinary shares and restricted share units (RSUs).

Summary

• On October 19, 2024, Yolanda Lee Conyers, a director of Seagate Technology Holdings plc, reported transactions involving the company's ordinary shares and restricted share units (RSUs).
• Conyers acquired 4,271 ordinary shares through the vesting of RSUs.
• Conyers also disposed of 4,271 ordinary shares.
• Following these transactions, Conyers directly owns 7,305 ordinary shares.
• Conyers was granted 2,693 restricted share units (RSUs) under the company's 2022 Equity Incentive Plan.
• These RSUs will vest on the earlier of one year from the grant date or the date of the next annual general meeting following the end of the fiscal year ending June 27, 2025, provided the annual general meeting is at least fifty (50) weeks after the immediately preceding fiscal year's annual general meeting.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Future Outlook

The document outlines future vesting dates for the granted RSUs, contingent on the reporting person's continuous service with the issuer.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common practice in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The transactions reported may have a minor impact on shareholders by slightly increasing the number of outstanding shares as RSUs vest.

Key Dates