secwatch.observer — SEC 8-K summary
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Issuer:     WESTERN DIGITAL CORP (WDC)
CIK:        0000106040
Form:       8-K
Filed at:   2026-09-14T12:00:07+00:00
Accession:  0001193125-26-389859
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Western Digital calls $109.5M of 3.00% convertible notes due 2028 for Nov. 16 redemption
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- Redemption of all $109,505,000 outstanding 3.00% Convertible Senior Notes due 2028 on Nov 16, 2026 at 100% of principal plus accrued interest.
- Conversion window open until 5:00 p.m. NY time Nov 12, 2026; conversion rate 26.5231 shares per $1,000 principal; no conversion rate increase.
- Cash percentage of 0% elected; Western Digital pays cash up to principal amount converted, remainder settled in common stock shares.
- Company expects substantially all Notes will convert; no capped-call settlement or modification anticipated in connection with redemption.
- After redemption all Notes retired; interest ceases to accrue after Nov 16, 2026; trustee is U.S. Bank Trust Company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/106040/000119312526389859/0001193125-26-389859-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/106040/000119312526389859/d23939d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-389859

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