---
schema_version: "secwatch.filing_event.v1"
accession: "0001089063-23-000007"
form_type: "8-K"
ticker: "DKS"
cik: "0001089063"
company_name: "DICK'S SPORTING GOODS, INC."
filed_at: "2023-02-09T23:59:59+00:00"
generated_at: "2026-06-19T19:11:59.478067+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Dick's calls for redemption of $59M in 3.25% convertible notes due 2025

## Summary
- Redemption of $59,127,000 aggregate principal of 3.25% Convertible Senior Notes due 2025 on April 18, 2023.
- Redemption price at 100% of principal plus accrued interest; conversion rate increased by 0.1443 shares per $1,000.
- Company to enter unwind agreements for convertible note hedge and warrant transactions, receiving shares to offset dilution.
- Annual interest payments to be reduced by approximately $1.9 million after redemption.

## SEC filing metadata
- accession: 0001089063-23-000007
- form_type: 8-K
- ticker: DKS
- cik: 0001089063
- company_name: DICK'S SPORTING GOODS, INC.
- filed_at: 2023-02-09T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1089063/000108906323000007/0001089063-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1089063/000108906323000007/dks-20230209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001089063-23-000007
- JSON: https://secwatch.observer/filing/0001089063-23-000007.json
- Plain text: https://secwatch.observer/filing/0001089063-23-000007.txt

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