Seagate CEO William Mosley executed a significant insider sale, offloading 20,000 shares for over $5.7 million at an average price of $285.56.
- The transaction reduced the CEO's total position by 4.45%.
- This high-value sale contributes to a pattern of zero insider purchases over the last six months.
- The sale comes as STX shares have recently surged on excitement surrounding its dominant HAMR technology lead in the AI storage market.