Seagate Technology Executives Report Significant Share Sales
By [Reporter Name]
Seagate Technology Holdings plc has recently experienced notable share transactions by its top executives, as indicated in the latest SEC Form 4 filings. On May 22, 2025, Chief Executive Officer William D. Mosley executed a significant sale of 70,000 ordinary shares under a Rule 10b5-1 trading plan. The shares were sold at weighted average prices ranging from $105.9964 to $111.06, culminating in a total sale amount of $7,663,047. Following this transaction, Mosley retains ownership of 485,677 ordinary shares in the company.
In addition, Chong Kian Fatt, Senior Vice President of Global Operations, also participated in the share sales on the same day. Fatt sold 6,410 ordinary shares at a weighted average price of $111.2556, resulting in proceeds of $713,148. Notably, after this transaction, he no longer holds any ordinary shares directly in Seagate Technology.
These transactions come amid varying market dynamics and reflect the executives’ strategic decisions regarding their ownership in the company. Such sales are often considered part of planned divestiture strategies to manage personal financial portfolios while allowing the executives to remain fully engaged in their managerial duties.
Seagate Technology continues to navigate the competitive landscape of the storage solutions sector as it seeks to drive innovation and shareholder value. The significant sales by Mosley and Fatt may attract attention from investors and analysts keen on understanding leadership perspectives on the company’s future prospects.
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