---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-243110"
form_type: "8-K"
ticker: "STX"
cik: "0001137789"
company_name: "Seagate Technology Holdings plc"
filed_at: "2026-05-28T12:54:01+00:00"
generated_at: "2026-05-28T13:07:57.207671+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Seagate closes exchange of $185.9M exchangeable notes for cash and 2.02M shares

## Summary
- Exchanged $185.908M principal of 3.50% Exchangeable Senior Notes due 2028 for $185.908M cash and 2,023,124 ordinary shares.
- Exchanges closed May 26-27, 2026; pricing determined over one trading day starting May 21, 2026.
- Exchanged notes retired; approximately $185.8M aggregate principal amount of notes remain outstanding unchanged.
- Transaction conducted as private placement exempt from registration under Section 4(a)(2) of Securities Act.

## SEC filing metadata
- accession: 0001193125-26-243110
- form_type: 8-K
- ticker: STX
- cik: 0001137789
- company_name: Seagate Technology Holdings plc
- filed_at: 2026-05-28T12:54:01+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.02, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1137789/000119312526243110/0001193125-26-243110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1137789/000119312526243110/d106085d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-243110
- JSON: https://secwatch.observer/filing/0001193125-26-243110.json
- Plain text: https://secwatch.observer/filing/0001193125-26-243110.txt

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