WESTERN DIGITAL CORP 8-K

What Happened
Western Digital Corporation filed an 8-K reporting two corporate actions in February 2026. On February 24, 2026 the company filed a Certificate of Elimination with the Delaware Secretary of State that eliminated its Series A Convertible Perpetual Preferred Stock (par $0.01), returning those shares to the status of authorized but unissued preferred shares; there were no outstanding shares after mandatory conversion on February 17, 2026. Separately, Western Digital issued a conditional notice of redemption for all of its 2.850% Senior Notes due 2029 (CUSIP 958102AQ8) and 3.100% Senior Notes due 2032 (CUSIP 958102AR6), deposited funds with the trustee on February 23, 2026, and redeemed those Notes in full.

Key Details

• Certificate of Elimination filed with Delaware Secretary of State on February 24, 2026; Series A preferred had no outstanding shares after mandatory conversion on February 17, 2026.
• Notes involved: 2.850% Senior Notes due 2029 (CUSIP 958102AQ8) and 3.100% Senior Notes due 2032 (CUSIP 958102AR6).
• Trustee (U.S. Bank, N.A.) sent conditional redemption notice on February 13, 2026; Western Digital deposited sufficient funds with the trustee on February 23, 2026 to pay the full redemption price (including accrued and unpaid interest up to, but excluding, the redemption date).
• Repayment of certain debt on February 19, 2026 caused liens and security interests securing the Notes to be automatically released under the Indenture dated December 10, 2021.

Why It Matters
These filings reflect changes to Western Digital’s capital structure: the Series A preferred stock has been removed from outstanding capitalization following mandatory conversion, and the company has eliminated the two specified senior note issues by redeeming them in full. As a result, those debt obligations and their future interest payments are removed from the company’s balance sheet, and any collateral/ liens that had secured the Notes were released per the Indenture. Investors should note these are balance-sheet and financing actions rather than operating or earnings announcements; refer to company filings and disclosures for any related cash-flow or liquidity details.