Hi, guys! Hope you're all doing well. Did anyone else notice this little tidbit? Trish Seagate Chief Technical Officer Registers 120,000 Shares 11/01 14:49 (DJ) Story 5920 (SEG)
WASHINGTON (Dow Jones)--Seagate Technology Inc. (SEG) Chief Technical Officer Townsend Porter filed to sell 120,000 common shares of the company, according to a Form 144 released Wednesday by the Securities and Exchange Commission.
Porter listed Oct. 24 as the approximate sale date for the shares. Salomon Smith Barney was listed as the broker.
As reported, Seagate Chief Executive Stephen Luczo, Chief Operating Officer William Watkins, director Thomas Stafford, and the Waite Family Trust, of which Seagate Chief Administrative Officer Donald Waite is a trustee, also filed with the SEC recently to sell a total of 1,290,500 shares on approximately Oct. 24.
Seagate Technology provides technology and products that allow users to store, access and manage information.
A Form 144 allows for the sale of restricted stock, but it isn't a commitment to sell.
-Brian Callaghan, Dow Jones Newswires/Federal Filings Business News; 202-628-8903 (END) DOW JONES NEWS 11-01-00 |