Form 8-K · Current report
Goldman Sachs 8-K, filed Jul 20, 2026
- Filed
- CIK
- 0000886982
- Accession no.
- 0001193125-26-308384
Summary
Goldman Sachs announced the launch of a proposed public offering of depositary shares, each representing a 1/25th interest in a new series of Fixed-Rate Reset Non-Cumulative Preferred Stock, Series AA. If the offering prices and closes, Goldman Sachs intends to use a portion of net proceeds to redeem all outstanding 3.65% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series U, though pricing has not occurred and the redemption is subject to market conditions.
Key points
- Each depositary share represents a 1/25th interest in a share of the new Series AA preferred stock.
- The offering is subject to pricing, which has not yet occurred.
- If the offering prices and closes, Goldman Sachs intends to use part of the net proceeds to redeem all outstanding Series U preferred stock.
- Goldman Sachs said there is no assurance the offering will price and close or that it will redeem the Series U preferred stock.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 8.01Other Events
From the filing
Item 8.01 Other Events. On July 20, 2026, The Goldman Sachs Group, Inc. (the “Company”) announced the launch of a proposed public offering (the “Offering”) of depositary shares, each representing 1/25th interest in a share of its new series of Fixed-Rate Reset Non-Cumulative Preferred Stock, Series AA (the “Depositary Shares”). The Offering is subject to pricing, which has not yet occurred. If the Offering is priced and proceeds to closing, the Company intends to use a portion of the net proceeds from the sale of the Depositary Shares to redeem all of its outstanding 3.65% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series U, $25,000 liquidation preference per share (the “Series U…
An excerpt of the text as filed with the SEC, cut for length.
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