Short answer
Seagate Technology (STX) filed an 8-K current report with the SEC on September 9, 2026 reporting Item 8.01 (Other Events), Item 7.01 (Regulation FD Disclosure), Item EX-99.1 (Exhibit EX-99.1). Seagate announced a redemption through a September 9, 2026 press release.
Seagate Technology 8-K event analysis
AI summary of each reported item and its exhibits
Item 7.01 · Regulation FD Disclosure
- Seagate announced a redemption through a September 9, 2026 press release
- Redemption terms and potential shareholder impact are detailed in Exhibit 99.1
- Investors should review Exhibit 99.1 for redemption amount, timing, and security-specific terms
Item 8.01 · Other Events
- $150.7M principal amount of notes fully addressed through redemption and exchange on September 8, 2026
- $150.97M cash payment, including fractional-share settlements, reducing Seagate HDD liquidity
- 1,647,862 Ordinary Shares delivered to noteholders, creating equity dilution for existing shareholders
- Transaction retires the notes and removes associated debt obligations from Seagate HDD's capital structure
Item EX-99.1 · Exhibit EX-99.1
- Redemption completed for approximately $150.7 million principal amount of 3.50% exchangeable notes due 2028
- Seagate paid approximately $150.97 million cash, including accrued interest and fractional-share settlement
- Seagate delivered 1,647,862 ordinary shares, creating equity dilution for existing shareholders
- Transaction removes the notes’ future 3.50% interest and 2028 maturity obligations
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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