Teh Ban Seng, Executive Vice President and Chief Commercial Officer of Seagate Technology Holdings plc, filed a Form 4 on August 24, 2026, disclosing the sale of ordinary shares on August 21, 2026, pursuant to a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person: Teh Ban Seng, EVP and Chief Commercial Officer of Seagate Technology Holdings plc (NASDAQ:STX)
  • Transaction date: All sales occurred on August 21, 2026
  • Transaction type: Disposals (code S) of Ordinary Shares across 27 separate sale tranches
  • Price range: Weighted average sale prices ranged from $835.545 to $868.00 per share across reported tranches
  • Remaining ownership: Following all reported transactions, Teh beneficially owned 5,210 Ordinary Shares directly
  • Trading plan: All transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 11, 2026

Seagate CCO Teh Ban Seng Discloses August 2026 Share Sales Across 27 Tranches

According to the filing, Teh Ban Seng sold Seagate Technology Holdings plc Ordinary Shares across 27 separate tranches on August 21, 2026, with weighted average prices beginning at $835.545 and rising to $868.00. Several tranches involved multiple sub-trades, and the filing notes that prices reported reflect weighted averages. The filing states that full information regarding individual trade prices and share counts within each tranche is available upon request to the SEC staff, the issuer, or a security holder of the issuer.

The filing discloses that prior to the first reported sale, Teh held 15,072 shares directly (implied by the 14,992 shares remaining after the first 80-share disposal). After all 27 tranches, the filing reports his direct beneficial ownership stood at 5,210 Ordinary Shares. The largest single tranche was 1,759 shares disposed of at a weighted average price of $861.8099. All transactions were flagged with the checkbox indicating execution under a Rule 10b5-1(c) plan, and the filing confirms the plan was adopted on February 11, 2026.

No derivative securities transactions were reported in Table II of this filing. The filing was made by one reporting person, with no joint or group filing indicated. Teh Ban Seng's address of record is listed as Seagate Technology Holdings plc, 47488 Kato Road, Fremont, California 94538.

What Was Disclosed

The Form 4 filed August 24, 2026 reports that Seagate's EVP and Chief Commercial Officer, Teh Ban Seng, sold Ordinary Shares on August 21, 2026 across 27 tranches at weighted average prices from $835.545 to $868.00, reducing his direct holdings to 5,210 shares, all under a Rule 10b5-1 plan adopted February 11, 2026.