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AI brief of an SEC Form 8-K · Seagate Technology (STX)

Seagate director Michael Cannon will not stand for re-election at 2026 annual meeting

Neutral Impact 2 of 5 leadership Written later

Seagate Technology director Michael R. Cannon, who serves as Lead Independent Director, informed the Board on May 5, 2026 that he will not stand for re-election at the 2026 Annual General Meeting. He will remain a director until that meeting concludes, and the company says the decision was not due to any disagreement on operations, policies, or practices. The filing contains no financial results or guidance, so the change is administrative in nature for shareholders.

Key points

  • Cannon notified the Board on May 5, 2026 of his decision not to stand for re-election
  • He will continue as a director until the conclusion of the 2026 Annual General Meeting, per the press release expected in October 2026
  • Cannon has served on the Board since February 2011, including five years as Lead Independent Director and five years as Board Chair
  • Chair and CEO Dave Mosley thanked Cannon for his contributions in a May 6, 2026 press release (Exhibit 99.1)

The filing

CompanySeagate Technology (STX)
Form8-K, current report
Filed with the SECMay 6, 2026, 8:48 AM ET
Accession number0001137789-26-000093

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.