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Western Digital10-Q: Debt refinancing

$1.6B in convertible notes became eligible for conversion and were reclassified as current debt.

What happened

A conditional conversion feature on $1.6B of notes was triggered, moving the entire amount to current liabilities and giving holders the right to convert in the next quarter. This creates immediate pressure on the finance and treasury teams to manage liquidity, plan for potential cash or share settlement, and evaluate refinancing options.

Source

SEC EDGARJan 29, 2026

Quarterly report (Form 10-Q)

Western Digital 10-Q

Filing excerpt

The sale price conditional conversion feature of the 2028 Convertible Notes was triggered during the calendar quarter ended December 31, 2025 and, accordingly, the holders of the 2028 Convertible Notes have the right to convert the notes during the succeeding calendar quarter ending March 31, 2026.

sec.gov/Archives/edgar/data/106040/000162828026004207/wdc-20260102.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Debt refinancing

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

Filed
Jan 29, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$1.6B (Aggregate principal amount of 2028 Convertible Notes reclassified as current debt)

Details

CIK
106040
Accession number
0001628280-26-004207
Timeframe
Next quarter
Filing year
2026
Fiscal year
0
Why it matters
Capital available or pressure
Signal category
Financial

Extraction

Confidence
High
Relevance
80%
Sentiment
Negative
Detected
Feb 3, 2026
signal_type
sec-10q
signal_subtype
debtRefinancing

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The API returns more than this page shows

This page shows a preview. The full sec-10q 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
Show the full JSONThe record on this page and the API request

GET /v1/signals/e935708f-2a7c-4c1d-88f2-069a6ae2cb95 returns this record as JSON. POST /v1/companies/enrich returns every signal for westerndigital.com.

{
  "signal_id": "e935708f-2a7c-4c1d-88f2-069a6ae2cb95",
  "signal_type": "sec-10q",
  "signal_subtype": "debtRefinancing",
  "detected_at": "2026-02-03T08:36:04.674+00:00",
  "company": {
    "name": "Western Digital",
    "domain": "westerndigital.com"
  },
  "data": {
    "detail": "A conditional conversion feature on $1.6B of notes was triggered, moving the entire amount to current liabilities and giving holders the right to convert in the next quarter. This creates immediate pressure on the finance and treasury teams to manage liquidity, plan for potential cash or share settlement, and evaluate refinancing options.",
    "metrics": {
      "timeframe": "next_quarter",
      "dollar_context": "Aggregate principal amount of 2028 Convertible Notes reclassified as current debt",
      "dollar_millions": 1600
    },
    "summary": "$1.6B in convertible notes became eligible for conversion and were reclassified as current debt.",
    "excerpts": "The sale price conditional conversion feature of the 2028 Convertible Notes was triggered during the calendar quarter ended December 31, 2025 and, accordingly, the holders of the 2028 Convertible Notes have the right to convert the notes during the succeeding calendar quarter ending March 31, 2026.",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/106040/000162828026004207/wdc-20260102.htm",
    "filing_date": "2026-01-29",
    "filing_year": 2026,
    "fiscal_year": 0,
    "sales_relevance": "Capital available or pressure",
    "signal_category": "financial"
  }
}

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