---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-096758"
form_type: "8-K"
ticker: "DKS"
cik: "0001089063"
company_name: "DICK'S SPORTING GOODS, INC."
filed_at: "2022-04-06T23:59:59+00:00"
generated_at: "2026-06-26T09:00:29.591462+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Dick's exchanges $100M of 2025 notes for cash and stock; interest saved $3.25M/yr

## Summary
- Exchanged $100M of 3.25% Convertible Senior Notes due 2025 (~17% of outstanding) for cash and common stock.
- Approximately $475M of the notes remain outstanding after the exchange.
- Annual interest payments to be reduced by about $3.25 million.
- Shares to be issued based on volume-weighted average price during an averaging period starting April 6, 2022.
- HudsonWest LLC acted as financial advisor on the call spread terminations and exchange transactions.

## SEC filing metadata
- accession: 0001193125-22-096758
- form_type: 8-K
- ticker: DKS
- cik: 0001089063
- company_name: DICK'S SPORTING GOODS, INC.
- filed_at: 2022-04-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1089063/000119312522096758/0001193125-22-096758-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1089063/000119312522096758/d326224d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-096758
- JSON: https://secwatch.observer/filing/0001193125-22-096758.json
- Plain text: https://secwatch.observer/filing/0001193125-22-096758.txt

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