Director Jay L. Geldmacher filed a Form 4 with the SEC on October 26, 2026, disclosing the vesting of 1,580 restricted share units and the award of 345 new restricted share units in Seagate Technology Holdings plc ordinary shares on October 24, 2026.

Key Highlights

  • RSU vesting: 1,580 restricted share units granted on October 25, 2025 were converted to ordinary shares on October 24, 2026 at $0 exercise price.
  • Tax withholding disposal: 380 ordinary shares were disposed of on October 24, 2026 at $630.49 per share, coded as a tax withholding transaction (code F).
  • 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: Geldmacher directly holds 1,423 ordinary shares and 345 restricted share units following the reported transactions.
  • Vesting condition for new grant: The 345 RSUs will be released on the earlier of one year from grant date or the next annual general meeting following the fiscal year ending July 2, 2027, per the filing.
  • Exchange and ticker: Seagate Technology Holdings plc trades as NASDAQ:STX.

Geldmacher's October 2026 RSU Activity at Seagate Technology Holdings

According to the Form 4 filed on October 26, 2026, Jay L. Geldmacher, a director of Seagate Technology Holdings plc (NASDAQ:STX), reported two distinct restricted share unit events on October 24, 2026. The first was the vesting and conversion of 1,580 RSUs that had been awarded on October 25, 2025 under the company's 2022 Equity Incentive Plan. The filing states those units were granted "for no consideration," with each RSU representing a contingent right to receive one ordinary share of the issuer.

Following that vesting, 380 ordinary shares were disposed of on the same date at a price of $630.49 per share under transaction code F, which the filing associates with shares withheld to cover tax obligations. After these two transactions, Geldmacher's direct beneficial ownership of ordinary shares stood at 1,423.

Also on October 24, 2026, the filing reports that Geldmacher received a new grant of 345 RSUs under the same 2022 Equity Incentive Plan, again for no consideration. According to the filing, shares underlying this new grant 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 occurs at least 50 weeks after the immediately preceding fiscal year's annual general meeting. The new RSU grant leaves Geldmacher with 345 derivative securities beneficially owned directly.

What Was Disclosed

The filing discloses the vesting of 1,580 RSUs, the withholding of 380 shares at $630.49 for taxes, and a new award of 345 RSUs to director Jay L. Geldmacher, all occurring on October 24, 2026, resulting in direct ownership of 1,423 ordinary shares and 345 RSUs.