The mandatory conversion, triggered by the common stock price exceeding 150% of the conversion price, simplifies WDC's capital structure and eliminates preferred dividend obligations. This signals strong financial health and may free up capital for strategic initiatives.
Filing excerpt
On February 17, 2026, in connection with the Mandatory Conversion, the Company converted all shares issued and outstanding of Preferred Stock into shares of Common Stock, pursuant to and in accordance with Section 8.2 of the Certificate of Designations.
What this signalsFilings often name leadership changes, deals and spending plans.
sec-8kdebtRefinancingGet every 8-K signal for Western Digital and the companies you sell to, in the tools you already use.
Connect Autobound to Claude, Claude Code or Cursor with MCP. Then ask: “What changed at Western Digital this week?”
The Signal API returns 8-K signals for any list of companies as JSON, for your CRM, warehouse or app.
Sign up and spend your free credits on the companies you sell to.
This page shows a preview. The full sec-8k 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 APIindustriesValue in the APIemployee_count_lowValue in the APIemployee_count_highValue in the APIrevenueValue in the APIdescriptionValue in the APISignal
signal_nameValue in the APIassociationValue in the APIGET /v1/signals/4cf4dc42-96a6-4f31-8410-4fc2ace3e0c2 returns this record as JSON. POST /v1/companies/enrich returns every signal for westerndigital.com.
{
"signal_id": "4cf4dc42-96a6-4f31-8410-4fc2ace3e0c2",
"signal_type": "sec-8k",
"signal_subtype": "debtRefinancing",
"detected_at": "2026-02-24T08:25:01.548+00:00",
"company": {
"name": "Western Digital",
"domain": "westerndigital.com"
},
"data": {
"detail": "The mandatory conversion, triggered by the common stock price exceeding 150% of the conversion price, simplifies WDC's capital structure and eliminates preferred dividend obligations. This signals strong financial health and may free up capital for strategic initiatives.",
"metrics": {
"pct": 1.5,
"timeframe": "immediate",
"pct_context": "Minimum common stock price threshold (as a multiple of the conversion price) required to trigger the mandatory conversion."
},
"summary": "Western Digital converts all preferred stock to common stock following strong share price performance.",
"excerpts": "On February 17, 2026, in connection with the Mandatory Conversion, the Company converted all shares issued and outstanding of Preferred Stock into shares of Common Stock, pursuant to and in accordance with Section 8.2 of the Certificate of Designations.",
"relevance": 0.7,
"sentiment": "positive",
"confidence": "high",
"source_url": "https://www.sec.gov/Archives/edgar/data/106040/000119312526055920/d107707d8k.htm",
"filing_date": "2026-02-18",
"filing_year": 2026,
"sales_relevance": "Capital available or pressure",
"signal_category": "financial"
}
}
curl https://signals.autobound.ai/v1/signals/4cf4dc42-96a6-4f31-8410-4fc2ace3e0c2 \
-H "X-API-KEY: $AUTOBOUND_API_KEY"curl -X POST https://signals.autobound.ai/v1/companies/enrich \
-H "X-API-KEY: $AUTOBOUND_API_KEY" \
-H "Content-Type: application/json" \
-d '{"domain":"westerndigital.com","limit":20}'Long text fields are shortened on this page.
Looking up one signal by its id is free. Enrich costs 2 credits per signal returned; a call with no results is free.