01—Abstract
Summary
Summary of the 8-K/A filed June 8, 2026. Cited figures are marked; the original filing is the authoritative source.
Western Digital Corporation (WDC) has filed an amendment to its previous 8-K filing to disclose the exact number of shares of common stock to be issued in private exchange transactions for its 3.00%a Convertible Senior Notes due 2028.
These transactions, previously announced on June 3, 2026, involve the exchange of approximately $858.4 millionb aggregate principal amount of these Notes for a combination of cash and WDC's common stock. This amendment clarifies the equity component of the deal, which was previously undisclosed due to a stock price measurement period.
02—Key points
Key Highlights
- Amendment discloses 21,289,938 shares of common stock will be delivered in exchange for convertible notes.
- These shares are part of private exchange transactions involving $858.4 million aggregate principal amount of 3.00% Convertible Senior Notes due 2028.
- The exchange involved a combination of cash and shares of Western Digital's common stock.
- The exact number of shares was determined based on the average stock price over a two-day measurement period (June 3-4, 2026).
- This filing does not amend any other aspects of the original 8-K report filed on June 3, 2026.
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K/A filing?
The primary purpose of this filing is to disclose the precise number of Western Digital Corporation (WDC) common stock shares (21,289,938) that will be delivered in private exchange transactions for a portion of its 3.00% Convertible Senior Notes due 2028. This information was not finalized at the time of the original filing.
What was the aggregate principal amount of notes exchanged?
Approximately $858.4 million aggregate principal amount of the 3.00% Convertible Senior Notes due 2028 were involved in these exchange transactions.
How was the number of shares to be exchanged determined?
The number of shares was calculated based on the average price of Western Digital's common stock over a two-day measurement period, specifically June 3-4, 2026, as agreed in the private exchange agreements.
Does this amendment change the terms of the original exchange agreement?
No, this filing is an amendment solely for the purpose of disclosing the number of Exchange Shares. It does not revise or amend any other terms or conditions of the original 8-K filing or the exchange agreements themselves.
04—Continue