Director Shankar Arumugavelu of Seagate Technology Holdings plc filed a Form 4 on October 26, 2026, reporting the vesting of 1,580 restricted share units and a related tax-withholding disposition of 380 ordinary shares on October 24, 2026.

Key Highlights

  • RSU vesting: 1,580 restricted share units converted to ordinary shares on October 24, 2026, at a price of $0, under transaction code M.
  • Tax withholding: 380 ordinary shares were disposed of on October 24, 2026, at $630.49 per share under transaction code F.
  • Post-transaction ownership: Arumugavelu directly holds 7,826 ordinary shares following the reported transactions.
  • RSU grant date: The RSUs were originally granted on October 25, 2025, under the Seagate Technology Holdings plc 2022 Equity Incentive Plan for no consideration.
  • Remaining derivative securities: Following the vesting, Arumugavelu holds 0 RSUs of the tranche reported.
  • Exchange and ticker: Seagate Technology Holdings plc trades as NASDAQ:STX.

Arumugavelu RSU Vesting Details and Share Disposition at Seagate

According to the Form 4 filed with the SEC on October 26, 2026, Shankar Arumugavelu, a director of Seagate Technology Holdings plc (NASDAQ:STX), reported two transactions in ordinary shares dated October 24, 2026. The first was the vesting of 1,580 restricted share units (RSUs) under transaction code M, acquired at $0. The second was the disposal of 380 ordinary shares at $630.49 per share under transaction code F, which the filing indicates is a withholding of shares to cover tax obligations associated with the vesting event.

The filing explains that the RSUs were granted on October 25, 2025, under the Seagate Technology Holdings plc 2022 Equity Incentive Plan for no consideration. According to the footnote, each RSU represented "a contingent right to receive one Ordinary Share of the Issuer." The shares were subject to release upon 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 3, 2026, provided that meeting occurred at least 50 weeks after the immediately preceding fiscal year's annual general meeting.

Following both transactions, Arumugavelu directly holds 7,826 ordinary shares, as reported in the filing. The 1,580 RSUs from the tranche described in Table II now show a remaining balance of 0. The Form 4 was signed by Louis A. Thorson as attorney-in-fact for Shankar Arumugavelu on October 26, 2026.

What Was Disclosed

The filing disclosed the vesting of 1,580 RSUs and the withholding of 380 ordinary shares at $630.49 per share for taxes, resulting in a direct beneficial ownership of 7,826 ordinary shares for director Shankar Arumugavelu as of October 24, 2026.