---
schema_version: "secwatch.filing_event.v1"
accession: "0001089063-22-000129"
form_type: "8-K"
ticker: "DKS"
cik: "0001089063"
company_name: "DICK'S SPORTING GOODS, INC."
filed_at: "2022-09-27T23:59:59+00:00"
generated_at: "2026-06-23T07:09:42.729709+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Dick's Sporting Goods exchanges $120.6M of convertible notes, cuts annual interest by $3.9M

## Summary
- Exchanged $120,558,000 principal (43.84% of outstanding 2025 Convertible Notes) for cash and common stock.
- Annual interest expense reduced by $3,918,135; about $154M of notes remain outstanding.
- Partially unwound call option and warrant transactions; net share settlement expected.
- Shares in exchange unregistered under Section 4(a)(2); HudsonWest acted as advisor.

## SEC filing metadata
- accession: 0001089063-22-000129
- form_type: 8-K
- ticker: DKS
- cik: 0001089063
- company_name: DICK'S SPORTING GOODS, INC.
- filed_at: 2022-09-27T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1089063/000108906322000129/0001089063-22-000129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1089063/000108906322000129/dks-20220926.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001089063-22-000129
- JSON: https://secwatch.observer/filing/0001089063-22-000129.json
- Plain text: https://secwatch.observer/filing/0001089063-22-000129.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.