Director Mark Adams of Seagate Technology Holdings plc filed a Form 4 on October 26, 2026, disclosing the vesting of a prior restricted share unit grant and the award of a new restricted share unit grant on October 24, 2026, under the company's 2022 Equity Incentive Plan.

Key Highlights

  • RSU vesting: 1,580 ordinary shares were acquired on October 24, 2026, via transaction code M (vesting of RSUs originally granted October 25, 2025), at a price of $0.
  • Tax withholding disposal: 380 ordinary shares were disposed of on October 24, 2026, via transaction code F, at a price of $630.49 per share.
  • 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.
  • Post-transaction ownership: Adams directly holds 3,246 ordinary shares and 345 restricted share units following these transactions, according to the filing.
  • New RSU vesting condition: The 345 RSUs will be released on the earlier of one year from the grant date or the next annual general meeting following the fiscal year ending July 2, 2027, subject to continuous service.

Seagate Director Mark Adams: RSU Vesting and New Grant on October 24, 2026

According to the Form 4 filed with the SEC on October 26, 2026, Mark Adams, a director of Seagate Technology Holdings plc (NASDAQ:STX), reported two separate transactions on October 24, 2026. First, 1,580 restricted share units originally granted on October 25, 2025, under the company's 2022 Equity Incentive Plan, were converted into 1,580 ordinary shares at a transaction price of $0. This conversion is reflected as transaction code M in the filing.

Following that vesting, 380 ordinary shares were disposed of on the same date via transaction code F at a per-share price of $630.49, which the filing reflects as a withholding of shares to cover tax obligations. After these two transactions, Adams directly held 3,246 ordinary shares, according to the filing.

Separately, on October 24, 2026, Adams received a new grant of 345 restricted share units under the same 2022 Equity Incentive Plan, also for no consideration. According to the filing's explanation of responses, each RSU represents a contingent right to receive one ordinary share of the issuer. The new RSUs are subject to Adams's continuous service with the issuer and will be released on the earlier of one year from the grant date or the date of the next annual general meeting of shareholders following the fiscal year ending July 2, 2027, provided that meeting is at least fifty weeks after the immediately preceding fiscal year's annual general meeting. Following this award, Adams directly holds 345 restricted share units.

What Was Disclosed

The filing reports the vesting of 1,580 RSUs originally granted in October 2025, the withholding of 380 shares at $630.49 for tax purposes, and a new award of 345 RSUs granted October 24, 2026, all under Seagate's 2022 Equity Incentive Plan.