secwatch.observer — SEC 8-K summary
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Issuer:     Seagate Technology Holdings plc (STX)
CIK:        0001137789
Form:       8-K
Filed at:   2026-02-19T23:59:59+00:00
Accession:  0001193125-26-059681
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.02, 8.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1137789/000119312526059681/0001193125-26-059681-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1137789/000119312526059681/d112160d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-059681

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