---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-097742"
form_type: "8-K"
ticker: "STX"
cik: "0001137789"
company_name: "Seagate Technology Holdings plc"
filed_at: "2024-04-16T23:59:59+00:00"
generated_at: "2026-06-03T22:03:30.520451+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Seagate furnishes dilution table for $1.5B exchangeable notes, capped calls

## Summary
- Notes issued Sep 2023: $1.5B aggregate principal, 3.50%, due 2028, exchangeable at $82.47/share.
- If-converted dilutive shares included in GAAP EPS when average stock price exceeds $82.47.
- Capped call transactions with cap price $107.85 reduce/replace non-GAAP dilution.
- Hypothetical table shows zero net dilutive shares up to $107.85; net dilation begins above.
- At $150 stock price, net dilutive shares for non-GAAP EPS would be 5,111 thousand shares.

## SEC filing metadata
- accession: 0001193125-24-097742
- form_type: 8-K
- ticker: STX
- cik: 0001137789
- company_name: Seagate Technology Holdings plc
- filed_at: 2024-04-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1137789/000119312524097742/0001193125-24-097742-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1137789/000119312524097742/d752918d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-097742
- JSON: https://secwatch.observer/filing/0001193125-24-097742.json
- Plain text: https://secwatch.observer/filing/0001193125-24-097742.txt

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