Form 4: Seagate Director Yolanda Lee Conyers Sells 750 Shares
SEC Form 4 Filing
Yolanda Lee Conyers, a director at Seagate Technology Holdings plc, sold 750 ordinary shares at a price of $96.1 per share on September 4, 2024, according to a Form 4 filing with the SEC.
Summary
- On September 4, 2024, Yolanda Lee Conyers, a director of Seagate Technology Holdings plc, sold 750 ordinary shares of the company.
- The shares were sold at a price of $96.1 per share.
- Following the transaction, Conyers directly owns 3,034 ordinary shares of Seagate Technology Holdings plc.
- The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on June 5, 2024.
- A power of attorney was executed on September 5, 2024, appointing several individuals to act on Conyers' behalf for SEC filings.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather reports a factual transaction.
Industry Context
This filing reflects routine trading activity by a company insider and is a common occurrence in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction, but is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| June 5, 2024 | Date the Reporting Person adopted a Rule 10b5-1 trading plan |
| September 4, 2024 | Date of the transaction (sale of ordinary shares) |
| September 5, 2024 | Date of the Power of Attorney execution |
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