secwatch.observer — SEC 8-K summary
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Issuer:     Seagate Technology Holdings plc (STX)
CIK:        0001137789
Form:       8-K
Filed at:   2026-05-28T12:54:01+00:00
Accession:  0001193125-26-243110
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.02, 8.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1137789/000119312526243110/0001193125-26-243110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1137789/000119312526243110/d106085d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-243110

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