Form 4: Seagate EVP Sells Shares Under 10b5-1 Plan

Seagate Technology Holdings plc's EVP & CLO, James CI Lee, sold 697 ordinary shares for $288.98 each under a pre-arranged 10b5-1 trading plan.

Summary

• James CI Lee, Executive Vice President and Chief Legal Officer of Seagate Technology Holdings plc, reported the sale of 697 ordinary shares.
• The transaction occurred on November 11, 2025.
• The shares were sold at a price of $288.98 per share.
• This sale was executed pursuant to a Rule 10b5-1 trading plan, which was adopted by Lee on August 12, 2025.
• Following this transaction, Lee's direct beneficial ownership of ordinary shares stands at 257.

Sentiment

Score: 5

Explanation: This is a neutral event. The sale of shares by an executive under a pre-arranged 10b5-1 trading plan is a routine occurrence and typically does not signal a change in the executive's outlook on the company's prospects. The number of shares sold is not exceptionally large.

Future Outlook

No forward-looking statements or guidance were provided in this insider transaction report.

Industry Context

This is a routine insider transaction and does not provide specific insights into broader industry trends or competitive landscape. Sales under Rule 10b5-1 plans are pre-scheduled and are generally not indicative of management's immediate sentiment regarding the company's future performance.

Stakeholder Impact

• Shareholders: A routine insider sale under a 10b5-1 plan is unlikely to have a significant impact on shareholder sentiment or the company's stock price, as it is a pre-scheduled event rather than a discretionary sale based on new information.

Key Dates

Keywords

Seagate Technology, STX, Insider Trading, Form 4, 10b5-1 Plan, Executive Share Sale, James CI Lee, Ordinary Shares