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Seagate10-K: Restructuring charge

Seagate recorded $27 million in restructuring charges in FY2026 for employee termination benefits.

Read at SEC EDGAR

What happened

The company is undergoing restructuring involving workforce reductions, creating potential needs for HR consulting, outplacement services, and software to manage organizational change and improve operational efficiency.

Source

SEC EDGARAug 4, 2026

Annual report (Form 10-K)

Seagate 10-K for FY2026

Filing excerpt

In fiscal year 2026, we recorded $27 million of restructuring charges, primarily related to employee related termination benefits.

sec.gov/Archives/edgar/data/1137789/000113778926000159/stx-20260703.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-K: Restructuring charge

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2026
Fiscal year end
07/03
Filed
Aug 4, 2026

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From the Signal API record

Numbers

Dollar figure
$27M (restructuring charges for employee termination benefits)

Details

CIK
1137789
Accession number
0001137789-26-000159
Timeframe
Current year
Filing year
2026
Why it matters
Vendor review likely
Signal category
Financial

Extraction

Confidence
High
Relevance
70%
Sentiment
Negative
Detected
Aug 11, 2026
signal_type
sec-10k
signal_subtype
restructuringCharge

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This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
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Show the full JSONThe record on this page and the API request

GET /v1/signals/1cd2f328-e163-4e79-9d37-a09c350c5ec3 returns this record as JSON. POST /v1/companies/enrich returns every signal for seagate.com.

{
  "signal_id": "1cd2f328-e163-4e79-9d37-a09c350c5ec3",
  "signal_type": "sec-10k",
  "signal_subtype": "restructuringCharge",
  "detected_at": "2026-08-11T07:02:57.798+00:00",
  "company": {
    "name": "Seagate",
    "domain": "seagate.com"
  },
  "data": {
    "detail": "The company is undergoing restructuring involving workforce reductions, creating potential needs for HR consulting, outplacement services, and software to manage organizational change and improve operational efficiency.",
    "metrics": {
      "timeframe": "current_year",
      "dollar_context": "restructuring charges for employee termination benefits",
      "dollar_millions": 27
    },
    "summary": "Seagate recorded $27 million in restructuring charges in FY2026 for employee termination benefits.",
    "excerpts": "In fiscal year 2026, we recorded $27 million of restructuring charges, primarily related to employee related termination benefits.",
    "relevance": 0.7,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1137789/000113778926000159/stx-20260703.htm",
    "filing_date": "2026-08-04",
    "filing_year": 2026,
    "fiscal_year_end": "07/03",
    "sales_relevance": "Vendor review likely",
    "signal_category": "financial"
  }
}

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