---
schema_version: "secwatch.filing_event.v1"
accession: "0001089063-23-000015"
form_type: "8-K"
ticker: "DKS"
cik: "0001089063"
company_name: "DICK'S SPORTING GOODS, INC."
filed_at: "2023-03-08T23:59:59+00:00"
generated_at: "2026-06-18T08:13:35.291185+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# DICK'S Sporting Goods unwinds warrant transactions with Wells Fargo as part of convertible note redemption

## Summary
- Agreement dated March 2, 2023, effective Feb 10, 2023, to unwind warrants linked to 3.25% Convertible Senior Notes due 2025.
- No early termination penalties incurred by the company.
- Company will deliver shares based on VWAP, netted against call option settlements from Wells Fargo.
- Warrants will be fully unwound upon redemption or conversion of all outstanding convertible notes.

## SEC filing metadata
- accession: 0001089063-23-000015
- form_type: 8-K
- ticker: DKS
- cik: 0001089063
- company_name: DICK'S SPORTING GOODS, INC.
- filed_at: 2023-03-08T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1089063/000108906323000015/0001089063-23-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1089063/000108906323000015/dks-20230302.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001089063-23-000015
- JSON: https://secwatch.observer/filing/0001089063-23-000015.json
- Plain text: https://secwatch.observer/filing/0001089063-23-000015.txt

## Key facts
- Material Agreements
  DICK'S SPORTING GOODS, INC. terminated Warrant Early Termination Agreement with Wells Fargo Bank, National Association valued at Warrant Early Termination Agreement to unwind remaining warrant transactions related to 3.25% Conver (effective 2023-02-10).
  - Action: termination
  - Agreement: notes offering
  - Counterparty: Wells Fargo Bank, National Association
  - Value: Warrant Early Termination Agreement to unwind remaining warrant transactions related to 3.25% Conver
  - Effective: 2023-02-10
  source text: On March 2 , 2023 (and effective as of February 10, 2023), DICK’S Sporting Goods, Inc. (the “Company”) entered into an unwind agreement with Wells Fargo Bank, National Association (the “Hedge Counterparty”) relating to the remaining portion of the warrant transactions (the “Warrant Early Termination Agreement”) that were previously entered into by the Company with such Hedge Counterparty in connection with the issuance of its 3.25% Convertible Senior Notes due 2025 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1089063/000108906323000015/0001089063-23-000015-index.htm

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