Throughout his time at Seagate Technology, William D. Watkins held various stock options contributing to his wealth. In 2004, he reported a substantial stock holding with 584,232 unexercised options valued at approximately $6.95 million. Over the years, the value of...
Throughout his time at Seagate Technology, William D. Watkins held various stock options contributing to his wealth. In 2004, he reported a substantial stock holding with 584,232 unexercised options valued at approximately $6.95 million. Over the years, the value of his holdings fluctuated as the company's stock value changed. Most notably, just before his departure in 2009, his options reflected a significant financial stake in Seagate's future, highlighting the risks and rewards associated with leadership in a tech company during volatile market conditions. Watkins' stakes demonstrated both confidence in his strategic vision for the company and an invested interest in its success, but following his exit, those holdings' dynamics shifted as he transitioned out of the executive role and into consultancy, allowing for cashing out in a different manner.