---
schema_version: "secwatch.filing_event.v1"
accession: "0001089063-23-000061"
form_type: "8-K"
ticker: "DKS"
cik: "0001089063"
company_name: "DICK'S SPORTING GOODS, INC."
filed_at: "2023-04-24T23:59:59+00:00"
generated_at: "2026-06-16T18:21:10.630565+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Dick's Sporting Goods completes redemption of 3.25% convertible notes; annual interest cut ~$1.9M

## Summary
- Redeemed remaining $137,000 principal of 3.25% Convertible Senior Notes due 2025 at 100% plus accrued interest on April 18, 2023.
- Holders converted $58,990,000 aggregate principal of the Notes prior to redemption.
- Warrant and call option transactions with Wells Fargo fully unwound on April 20, 2023.
- Annual interest expense reduced by approximately $1.9 million following conversions and redemption.

## SEC filing metadata
- accession: 0001089063-23-000061
- form_type: 8-K
- ticker: DKS
- cik: 0001089063
- company_name: DICK'S SPORTING GOODS, INC.
- filed_at: 2023-04-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1089063/000108906323000061/0001089063-23-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1089063/000108906323000061/dks-20230418.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001089063-23-000061
- JSON: https://secwatch.observer/filing/0001089063-23-000061.json
- Plain text: https://secwatch.observer/filing/0001089063-23-000061.txt

## Key facts
- Material Agreements
  DICK'S SPORTING GOODS, INC. terminated a notes offering with Wells Fargo Bank, National Association (the “Hedge Counterparty”) (effective 2023-04-20).
  - Action: termination
  - Agreement: notes offering
  - Counterparty: Wells Fargo Bank, National Association (the “Hedge Counterparty”)
  - Effective: 2023-04-20
  source text: On April 20, 2023, the remaining portion of the warrant transactions that were previously entered into by the Company with Wells Fargo Bank, National Association (the “Hedge Counterparty”) in connection with the Company’s issuance of its 3.25% Convertible Senior Notes due 2025 (the “Notes”) were fully unwound following conversions by holders of the Notes and the Company’s redemption of the Notes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1089063/000108906323000061/0001089063-23-000061-index.htm

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