Gianluca Romano, Executive Vice President and Chief Financial Officer of Seagate Technology Holdings plc (NASDAQ:STX), filed a Form 4 on August 11, 2026, disclosing multiple dispositions of Ordinary Shares on August 7, 2026, under a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person and role: Gianluca Romano, EVP and CFO of Seagate Technology Holdings plc, filed the statement of changes in beneficial ownership.
  • Transaction date: All sales were executed on August 7, 2026, with the form filed on August 11, 2026.
  • Trading plan: According to the filing, all sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Romano on April 30, 2026.
  • Transaction code: All reported transactions carry code "S," indicating open-market sales, and all are listed as direct ownership.
  • Beneficial ownership following final transaction: The filing reports 35,634.25 Ordinary Shares directly held following the last reported sale of 320 shares at a weighted average price of $798.3338.
  • Employee Stock Purchase Plan note: The filing states that the beginning ownership figure includes 14 Ordinary Shares purchased on July 31, 2026 under the issuer's Employee Stock Purchase Plan, described as exempt from reporting under Rule 16b-3.

Seagate CFO Share Dispositions: Transaction Details and Plan Background

According to the filing, Romano reported 29 separate disposal transactions in Seagate Technology Holdings plc Ordinary Shares, all dated August 7, 2026, each carrying transaction code "S." The dispositions were conducted across a series of price tranches, with each tranche representing shares sold in multiple individual trades. Per the filing, the prices reported for each tranche reflect weighted average sale prices, and Romano undertakes to provide full trade-level detail upon request to the SEC staff, the issuer, or a security holder.

The filing notes that all sales reported in the Form 4 were made pursuant to a Rule 10b5-1 trading plan Romano adopted on April 30, 2026. Seagate Technology Holdings plc is a data storage company whose securities trade on NASDAQ under the symbol STX. The first reported tranche involved 200 Ordinary Shares disposed of at a weighted average price of $763.394, with individual trade prices in that tranche ranging from $762.99 to $763.68, according to footnote disclosures in the filing. Successive tranches reflected progressively higher weighted average prices, with the final reported tranche of 320 shares carrying a weighted average price of $798.3338. After the final reported transaction, the filing records Romano's direct beneficial ownership at 35,634.25 Ordinary Shares.

The filing also discloses that the opening beneficial ownership figure incorporates 14 Ordinary Shares acquired on July 31, 2026 through the issuer's Employee Stock Purchase Plan, which the filing states is "exempt from reporting pursuant to Rule 16b-3 under the Securities Exchange Act of 1934." No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

Gianluca Romano, EVP and CFO of Seagate Technology Holdings plc (NASDAQ:STX), disclosed 29 open-market sale transactions in Ordinary Shares on August 7, 2026, all conducted under a Rule 10b5-1 plan adopted April 30, 2026, with direct beneficial ownership of 35,634.25 Ordinary Shares recorded after the final transaction.