---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-059681"
form_type: "8-K"
ticker: "STX"
cik: "0001137789"
company_name: "Seagate Technology Holdings plc"
filed_at: "2026-02-19T23:59:59+00:00"
generated_at: "2026-05-16T01:39:23.235050+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Seagate closes exchange of $600M notes for $599M cash and 5.95M shares

## Summary
- $600M principal of 3.50% Exchangeable Senior Notes due 2028 exchanged for $599.2M cash and 5.95M ordinary shares.
- Exchanged notes retired; approximately $400M principal remains outstanding with unchanged terms.
- Private exchange closed on Feb 17-19, 2026; share count based on one trading day from Feb 12, 2026.
- Transaction exempt from registration under Section 4(a)(2) of Securities Act; no public offering.

## SEC filing metadata
- accession: 0001193125-26-059681
- form_type: 8-K
- ticker: STX
- cik: 0001137789
- company_name: Seagate Technology Holdings plc
- filed_at: 2026-02-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1137789/000119312526059681/0001193125-26-059681-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1137789/000119312526059681/d112160d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-059681
- JSON: https://secwatch.observer/filing/0001193125-26-059681.json
- Plain text: https://secwatch.observer/filing/0001193125-26-059681.txt

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