Short answer
Western Digital (WDC) filed an 8-K current report with the SEC on September 14, 2026 reporting Item 7.01 (Regulation FD Disclosure), Item 8.01 (Other Events), Item EX-99.1 (Exhibit EX-99.1). Western Digital announced redemption of its 3.00% Convertible Senior Notes due 2028.
Western Digital 8-K event analysis
AI summary of each reported item and its exhibits
Item 7.01 · Regulation FD Disclosure
- Western Digital announced redemption of its 3.00% Convertible Senior Notes due 2028
- Early debt redemption may reduce future interest expense and remove potential share dilution from conversion
- Redemption terms and timing are contained in Exhibit 99.1 as the substantive investor disclosure
Item 8.01 · Other Events
- $1,000 principal Notes callable November 16, 2026 at 100% of principal plus accrued interest
- Holders may convert through the second scheduled trading day before redemption
- Conversion rate 26.5231 shares per $1,000, with no redemption-related increase
- 0% cash percentage means principal paid in cash and excess conversion value generally settled in shares
- Company expects substantially all Notes to convert, eliminating the Notes after redemption but potentially diluting shareholders
Item EX-99.1 · Exhibit EX-99.1
- Redemption of all $109.505M 3.00% convertible notes due 2028 scheduled for November 16, 2026
- Redemption price equals 100% of principal plus accrued interest, eliminating the notes after completion
- Holders may convert through November 12, 2026 at 26.5231 shares per $1,000 principal
- Western Digital expects substantially all notes to convert, creating potential share issuance and dilution
- Existing capped call transactions are not expected to be settled or modified
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Western Digital 8-K filings
Get the next WDC 8-K as it lands
Follow WDC for push alerts, or ask the research agent what this filing means.