{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-140018","form_type":"8-K","ticker":"W","cik":"0001616707","company_name":"Wayfair Inc.","filed_at":"2023-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.678413+00:00","generated_at":"2026-06-15T06:27:46.594619+00:00","sec_items":["7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Wayfair prices $600M 3.50% convertible notes due 2028; uses proceeds to buy back existing notes","bullets":["$600M aggregate principal of 3.50% convertible notes due Nov 2028, plus $90M greenshoe option.","Initial conversion price $45.80/share (25% premium over May 9 close of $36.64).","Net proceeds ~$588.6M; $75.8M for capped call transactions, $513.8M to repurchase ~$617M of existing 2024/2025 notes.","Capped call transaction cap price $73.28/share (100% premium) to reduce potential dilution.","Concurrent note repurchases of ~$82.5M of 2024 Notes and ~$534.5M of 2025 Notes for cash."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-140018","json":"https://secwatch.observer/filing/0001193125-23-140018.json","markdown":"https://secwatch.observer/filing/0001193125-23-140018.md","text":"https://secwatch.observer/filing/0001193125-23-140018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1616707/000119312523140018/0001193125-23-140018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1616707/000119312523140018/d269956d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T06:27:46.594619+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}