secwatch.observer — SEC 8-K summary
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Issuer:     Seagate Technology Holdings plc (STX)
CIK:        0001137789
Form:       8-K
Filed at:   2026-06-12T00:01:27+00:00
Accession:  0001193125-26-268170
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Seagate calls all $150.7M of 3.50% Exchangeable Senior Notes due 2028 for redemption
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- Redemption notice issued for all outstanding 3.50% Exchangeable Senior Notes due 2028.
- Redemption date Sept 8, 2026; exchange deadline Sept 3, 2026.
- Exchange rate: 12.1363 ordinary shares per $1,000 principal, adjusted June 25 for $0.74 dividend.
- Principal paid in cash; excess settled in shares; expects to eliminate ~$150.7M debt.
- Holders who do not exchange by deadline will receive cash equal to principal plus accrued interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1137789/000119312526268170/0001193125-26-268170-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1137789/000119312526268170/d24300d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-268170

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