Form 8-K · Current report
Goldman Sachs 8-K, filed Jul 27, 2026
- Filed
- CIK
- 0000886982
- Accession no.
- 0001193125-26-318147
Summary
Goldman Sachs filed a Form 8-K disclosing that it established 6.500% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series AA, with a $25,000 per-share liquidation preference via a Certificate of Designations filed in Delaware. The terms restrict Goldman Sachs's ability to declare or pay common stock dividends or repurchase common shares if it fails to pay dividends on the Series AA Preferred Stock.
Key points
- Goldman Sachs filed the Certificate of Designations with the Delaware Secretary of State on July 23, 2026.
- The Series AA Preferred Stock carries a 6.500% fixed-rate reset, is non-cumulative, and has a $25,000 per-share liquidation preference.
- The offering involves depositary shares representing interests in the Series AA Preferred Stock.
- Sullivan & Cromwell LLP provided an opinion relating to the depositary shares.
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
- 3.03Material Modification to Rights of Security Holders
- 5.03Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
- 9.01Financial Statements and Exhibits
From the filing
Item 3.03 Material Modification to Rights of Security Holders. Upon issuance of the Series AA Preferred Stock (as defined in Item 5.03 below), the ability of The Goldman Sachs Group, Inc. (the “Registrant”) to declare or pay dividends on, or purchase, redeem or otherwise acquire, shares of its common stock will be subject to certain restrictions in the event that the Registrant fails to pay dividends on its Series AA Preferred Stock. These restrictions are set forth in the Certificate of Designations establishing the terms of the Series AA Preferred Stock, a copy of which is listed as Exhibit 3.1 to this Report on Form 8-K and is incorporated herein by reference. …
An excerpt of the text as filed with the SEC, cut for length.
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