Seagate’s Luczo Sells 25,000 Shares

By Jean Jacques Maleval | December 3, 2007 at 11:44 am

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The Chairman of Seagate Technology, Steve Luczo, sold 25,000 shares of common stock under a
prearranged trading plan for $25.26 apiece, according to a Form 4 filed with the SEC.

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Remember that few days ago, a group headed by Steve Luczo decided to invest $40 million into Xiotech. Here is more than $6 million.