---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-233588"
form_type: "8-K"
ticker: "STX"
cik: "0001137789"
company_name: "Seagate Technology Holdings plc"
filed_at: "2026-05-21T12:38:37+00:00"
generated_at: "2026-05-21T12:40:49.144239+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Seagate exchanges $185.9M in 3.50% exchangeable notes for cash and shares

## Summary
- Exchanged $185.908M principal of 3.50% Exchangeable Senior Notes due 2028 for $185.908M cash plus ordinary shares.
- Share count to be determined over one trading day beginning May 21, 2026; closing expected May 26, 2026.
- Exchanged notes will be retired; ~$185.8M in principal of the same notes will remain outstanding unchanged.
- Transaction conducted as private placement under Section 4(a)(2); shares not registered under Securities Act.

## SEC filing metadata
- accession: 0001193125-26-233588
- form_type: 8-K
- ticker: STX
- cik: 0001137789
- company_name: Seagate Technology Holdings plc
- filed_at: 2026-05-21T12:38:37+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1137789/000119312526233588/0001193125-26-233588-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1137789/000119312526233588/d72241d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-233588
- JSON: https://secwatch.observer/filing/0001193125-26-233588.json
- Plain text: https://secwatch.observer/filing/0001193125-26-233588.txt

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