STX · News · 20260804N

Accrued Legal and Regulatory

Seagate Technology Holdings plc · 2026-08-04 · Importance 46 · Surprise 42 · In source text

Seagate faces a $175 million securities class-action settlement covering investors who purchased shares between September 14, 2020, and April 19, 2023. The allegations concerned disclosures about sales to Huawei and alleged violations of U.S. export laws. The claim-submission deadline is October 19, 2026, and the estimated average distribution is $0.77 per eligible share after deductions.

Key facts

• The deadline to file a claim in the Seagate class action settlement is October 19, 2026. source
• Investors who purchased Seagate Technology Holdings plc common stock between September 14, 2020, and April 19, 2023, may be eligible for a cash payment from a $175 million class action settlement. source
• The estimated average distribution from the Seagate class action settlement is $0.77 per eligible share after deductions. source
• Stock Titan reported CEO William D. Mosley exercised 14,000 stock options at $46.23 and subsequently sold 12,920 ordinary shares in multiple transactions with weighted-average prices ranging from $783.83 to $818.58 per share. source
• Seagate EVP & CTO John Christopher Morris sold 168 Ordinary Shares at $817.76 per share on August 3, 2026. source
• Following the option exercise and sales, Mosley still holds 111,100 options and 312,597 ordinary shares. source
• After his sale, John Christopher Morris directly holds 11,920.25 shares in the company. source

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