secwatch.observer — SEC 8-K summary
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Issuer:     Seagate Technology Holdings plc (STX)
CIK:        0001137789
Form:       8-K
Filed at:   2026-05-21T12:38:37+00:00
Accession:  0001193125-26-233588
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02, 8.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1137789/000119312526233588/0001193125-26-233588-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1137789/000119312526233588/d72241d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-233588

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