Gianluca Romano, Executive Vice President and CFO of Seagate Technology Holdings plc (NASDAQ:STX), filed a Form 4 on August 11, 2026, disclosing the sale of Seagate ordinary shares on August 7, 2026, pursuant to a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person and role: Gianluca Romano, EVP and CFO of Seagate Technology Holdings plc.
  • Transaction date: All sales were executed on August 7, 2026.
  • Shares sold: A total of 10,525 ordinary shares were disposed of across 28 separate sale transactions, all coded "S" (sale).
  • Price range: Weighted average sale prices across individual tranches ranged from approximately $799.6438 to $831.2486 per share, with individual trades within tranches spanning as low as $799.13 and as high as $831.25 (partial footnotes).
  • Remaining ownership: Following all reported transactions, Romano directly beneficially owned 21,543.25 ordinary shares.
  • 10b5-1 plan: According to the filing, all sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Romano on April 30, 2026.
  • Ownership form: All shares sold and all remaining shares are held directly.

Seagate CFO's August 2026 Share Sales: Transaction Details

According to the filing, Gianluca Romano, in his capacity as EVP and CFO of Seagate Technology Holdings plc, sold ordinary shares across 28 separate tranches on August 7, 2026. Each tranche involved a distinct share quantity and weighted average price, reflecting execution across multiple individual trades. The filing notes that each weighted average price represents multiple trades within a stated range, and Romano undertakes to provide full detail on individual trade prices and quantities upon request to the SEC staff, the issuer, or a security holder.

The 28 tranches ranged in size from 40 shares to 1,227 shares per transaction. Weighted average prices per tranche progressed from $799.6438 for the first tranche of 320 shares to $831.2486 for the final tranche of 280 shares. After each successive sale, the filing reports Romano's remaining direct beneficial ownership declining from a pre-transaction level consistent with 35,634.25 shares to a post-transaction total of 21,543.25 ordinary shares held directly.

The filing specifies that all sales were made pursuant to a Rule 10b5-1 trading plan that Romano adopted on April 30, 2026. The Form 4 includes a check-box indication that the transactions were made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

The filing discloses 28 open-market sales of Seagate ordinary shares by CFO Gianluca Romano on August 7, 2026, totaling 10,525 shares at weighted average prices between $799.6438 and $831.2486, all executed under a Rule 10b5-1 plan adopted April 30, 2026, leaving Romano with 21,543.25 directly owned ordinary shares.