---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-265772"
form_type: "8-K"
ticker: "STX"
cik: "0001137789"
company_name: "Seagate Technology Holdings plc"
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:11:05.805340+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Seagate exchanges $500M of 3.50% exchangeable notes for cash and shares

## Summary
- Exchange of $500M principal of 3.50% Exchangeable Senior Notes due 2028 for $503.4M cash plus ordinary shares.
- Share count to be determined over one trading day starting Nov 5, 2025; expected close Nov 10, 2025.
- After closing, ~$1.0B in aggregate principal of the notes will remain outstanding with unchanged terms.
- Exchanges are privately negotiated; shares issued will be unregistered and exempt from registration.

## SEC filing metadata
- accession: 0001193125-25-265772
- form_type: 8-K
- ticker: STX
- cik: 0001137789
- company_name: Seagate Technology Holdings plc
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.02, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1137789/000119312525265772/0001193125-25-265772-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1137789/000119312525265772/d67010d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-265772
- JSON: https://secwatch.observer/filing/0001193125-25-265772.json
- Plain text: https://secwatch.observer/filing/0001193125-25-265772.txt

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