Director Richard L. Clemmer filed a Form 4 with the SEC on October 26, 2026, disclosing RSU vesting, share withholding for taxes, and a new RSU grant at Seagate Technology Holdings plc (NASDAQ:STX) on October 24, 2026.

Key Highlights

  • RSU vesting: Clemmer acquired 1,580 ordinary shares on October 24, 2026 via RSU settlement (transaction code M) at a price of $0.
  • Tax withholding: 380 shares were disposed of on the same date (transaction code F) at $630.49 per share to cover tax obligations.
  • New RSU grant: 345 restricted share units were awarded on October 24, 2026 under the Seagate Technology Holdings plc 2022 Equity Incentive Plan for no consideration.
  • Direct ownership following transactions: Clemmer directly holds 30,904 ordinary shares, plus 3,867 shares held indirectly by spouse.
  • Derivative holdings: Following the transactions, Clemmer holds 345 RSUs directly, with 0 remaining from the prior RSU grant that vested.

Clemmer's RSU Vesting and New Director Grant at Seagate Technology

According to the filing, director Richard L. Clemmer reported two distinct events on October 24, 2026. First, 1,580 restricted share units originally granted on October 25, 2025 under the Seagate Technology Holdings plc 2022 Equity Incentive Plan were settled into ordinary shares. The filing notes those RSUs were awarded for no consideration, with each unit representing a contingent right to receive one ordinary share, subject to continuous service conditions.

Concurrently, the filing discloses that 380 of those newly received shares were withheld (transaction code F) at $630.49 per share, a disposition typically associated with satisfying tax obligations upon vesting. Following these two transactions, Clemmer's direct beneficial ownership stands at 30,904 ordinary shares, with an additional 3,867 shares held indirectly by his spouse, according to the filing.

The filing also reports a separate new RSU grant of 345 units awarded to Clemmer on October 24, 2026, again under the 2022 Equity Incentive Plan for no consideration. According to the filing's explanation, those shares will be released on the earlier of one year from the grant date or the date of the next annual general meeting following the fiscal year ending July 2, 2027, provided that meeting is at least 50 weeks after the preceding fiscal year's annual general meeting. Clemmer now holds 345 RSUs directly following all reported transactions.

What Was Disclosed

The Form 4 filed October 26, 2026 discloses that director Richard L. Clemmer vested 1,580 RSUs, had 380 shares withheld at $630.49, and received a new grant of 345 RSUs at Seagate Technology Holdings plc on October 24, 2026.