---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-047755"
form_type: "8-K"
ticker: "STX"
cik: "0001137789"
company_name: "Seagate Technology Holdings plc"
filed_at: "2026-02-12T23:59:59+00:00"
generated_at: "2026-05-16T02:55:32.659438+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Seagate exchanges $600M of 3.50% Notes due 2028 for $599.2M cash and shares

## Summary
- Entered exchange agreements for $600M principal of 3.50% Exchangeable Notes due 2028.
- Consideration: ~$599.2M cash plus ordinary shares to be determined over one trading day starting Feb 12, 2026.
- Closing expected on or about Feb 17, 2026; ~$400M in notes will remain outstanding.
- Notes exchanged will be retired; transaction is a private placement under Section 4(a)(2).

## SEC filing metadata
- accession: 0001193125-26-047755
- form_type: 8-K
- ticker: STX
- cik: 0001137789
- company_name: Seagate Technology Holdings plc
- filed_at: 2026-02-12T23:59:59+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/1137789/000119312526047755/0001193125-26-047755-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1137789/000119312526047755/d49215d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-047755
- JSON: https://secwatch.observer/filing/0001193125-26-047755.json
- Plain text: https://secwatch.observer/filing/0001193125-26-047755.txt

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