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Get filing alertsSeagate director Michael Cannon to depart board at 2026 annual meeting
Filed May 6, 2026 · Period ending May 5, 2026 · ~1 min read
Key Changes
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Director Michael R. Cannon notified the board on May 5, 2026 that he will not stand for re-election at the upcoming annual shareholder meeting. He will continue serving until the meeting concludes.
Item 5.02 verify on EDGAR → -
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The filing explicitly states Cannon's departure is not due to any disagreement with the company regarding operations, policies, or practices.
Item 5.02 verify on EDGAR → -
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A press release dated May 6, 2026 was attached to the filing, though its specific content was not disclosed in the 8-K body.
Exhibit 99.1 view on EDGAR →
Summary
Seagate Technology disclosed that director Michael R. Cannon has decided not to seek re-election to the board at the company's 2026 annual shareholder meeting. Cannon, who will remain in his role until the meeting concludes, is departing on amicable terms with no disagreements cited regarding company operations or strategy.
For retail investors, this is a routine board transition with minimal immediate impact. Director departures are common as boards refresh their composition, and the explicit statement that no disagreements exist suggests this is a planned retirement or personal decision rather than a governance concern. Investors should watch for the company's proxy statement ahead of the annual meeting, which will detail Cannon's replacement nominee and provide insight into the board's strategic direction and composition priorities.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
On May 5, 2026, Mr. Michael R. Cannon notified the Board of Directors (the “Board”) of Seagate Technology Holdings, plc (the “Company”) that he has decided not to stand for re-election to the Board at the Company’s 2026 Annual General Meeting of Shareholders (the “Annual Meeting”). Mr. Cannon will continue to serve as a director until the conclusion of the Annual Meeting.
Director Michael R. Cannon informed the Board on May 5, 2026 that he will not seek re-election at the upcoming 2026 Annual General Meeting. He will remain on the Board until the meeting concludes. The filing explicitly states his decision was not due to any disagreement with the Company regarding operations, policies, or practices.
Event · Item 9.01 — Financial Statements and Exhibits
Item 9.01 — Financial Statements and Exhibits filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
99.1 Press Release, dated May 6, 2026
The 8-K references an attached press release dated May 6, 2026, but does not disclose the content or subject matter of the release in the filing body. Without access to Exhibit 99.1, the nature and materiality of the disclosed event cannot be determined from this filing alone.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 1, 2026 · How we verify