CEO William D Mosley sells 9,343 shares of Seagate (STX) for $8,636,883.32 under pre-arranged 10b5-1 plan on 2026-07-01
William D Mosley executed 15 separate sales totaling 9,343 shares for $8,636,883.32 at prices ranging from $919.64 to $936.36, reducing his holdings by 2.9% to 311,517 shares. This transaction was part of a pre-arranged 10b5-1 trading plan adopted on 2026-02-18, making it scheduled rather than discretionary. The stock has since declined 28.4% from its 52-week high of $1145.00 to a current price of $820.16, and the blended transaction price of $924.42 now sits above current market levels. Seagate's fundamentals show $3.1B in latest quarterly revenue and net income of $748.0M, with annual growth of 38.9%, though the elevated P/E of 118.35 suggests significant market expectations built into valuation.