This insider cluster is extremely small relative to Seagate's market cap and likely reflects routine liquidity or 10b5-1 plan execution following option exercises. Per academic literature, cluster sales are weakly predictive. No bearish signal; monitor Seagate's next quarterly filing (expected within weeks) for any fundamental changes in storage demand or guidance.
Price Chart
Executive Summary
Multiple C-suite insiders at Seagate (CEO, EVP & CLO, EVP & CTO) executed open-market sales totaling approximately $7.35M on August 3, 2026. The CEO sold ~$6.6M across many trades after exercising options (non-cash), while the other executives sold smaller amounts. Despite the cluster, the total dollar value represents less than 0.004% of Seagate's $188.7B market cap—a trivial fraction—so the selling carries no meaningful informational signal.
Key Financial Metrics
Key Facts
- CEO William D. Mosley sold ~$6.6M in open-market sales on 2026-08-03, averaging ~$810-$838 per share.
- EVP & CLO James CI Lee sold 694 shares at $877.45 for $609K on 2026-07-30.
- EVP & CTO John Christopher Morris sold 168 shares at $817.76 for $137K on 2026-08-03.
- Total cluster value of ~$7.35M is 0.004% of Seagate's $188.7B market cap.
- CEO also exercised 14,000 derivative shares at $0 (non-cash) on the same day, suggesting the sales are liquidity-driven (option exercise and sell).
Financial Impact
Insider selling of ~$7.35M against a $188.7B market cap—immaterial.
Risk Factors
- Continued insider selling at higher volume or by additional C-suite members could signal near-term caution.
- Seagate's stock has appreciated significantly (historical reports show large gains), increasing the risk of mean reversion.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-STX-1785882041657 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 11, 2026 20d ago | Insider Cluster | $805.55 $877.33 | ▲ +8.91% | ▲ +8.80% | $823.86 (+2.27%) |
Sep 11, 2026 20d ago | Insider Cluster | $805.55 $877.33 | ▼ −8.91% | ▼ −8.80% | $823.86 (−2.27%) |
Sep 11, 2026 20d ago | Insider Cluster | $805.55 $877.33 | ▲ +8.91% | ▲ +8.80% | $823.86 (+2.27%) |
Sep 9, 2026 23d ago | 8-K | $885.92 $783.18 | ▼ −11.60% | ▼ −10.94% | $823.86 (−7.01%) |
Sep 3, 2026 29d ago | Insider Cluster | $798.61 $830.17 | ▼ −3.95% | ▼ −5.10% | $823.86 (−3.16%) |
Aug 26, 2026 5w ago | Insider Cluster | $846.37 $808.54 | ▼ −4.47% | ▼ −4.35% | $823.86 (−2.66%) |
Aug 24, 2026 5w ago | Insider Cluster | $794.65 $828.38 | ▲ +4.24% | ▲ +3.78% | $823.86 (+3.68%) |
Aug 14, 2026 7w ago | Insider Cluster | $973.44 $850.00 | ▼ −12.68% | ▼ −11.31% | $823.86 (−15.37%) |
Aug 11, 2026 7w ago | Insider Cluster | $820.52 $903.68 | ▲ +10.13% | ▲ +10.54% | $823.86 (+0.41%) |
Aug 4, 2026 8w ago | Insider Cluster | $837.66 $878.21 | ▲ +4.84% | ▲ +4.49% | $823.86 (−1.65%) |
US Market Status
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