Form 8-K · Current report
State Street Corporation 8-K, filed Aug 12, 2026
- Filed
- CIK
- 0000093751
- Accession no.
- 0001193125-26-346938
Summary
State Street Corporation issued and sold 500,000 depositary shares, each representing a 1/100th ownership interest in a share of its Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series L, in a public offering, and expects net proceeds of approximately $495.7 million after underwriting discount and estimated offering expenses. The sale was made under an underwriting agreement dated August 5, 2026 with Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC as representatives of the underwriters, and State Street entered a deposit agreement dated August 12, 2026 with Equiniti Trust Company, LLC as depositary.
Key points
- The Series L Preferred Stock carries a liquidation preference of $100,000 per share, equivalent to $1,000 per depositary share.
- The offering was made under a Form S-3 registration statement (File No. 333-288196) and a related prospectus supplement.
- The Series L Preferred Stock was created by Articles of Amendment filed August 6, 2026 with the Secretary of the Commonwealth of Massachusetts.
- Wilmer Cutler Pickering Hale and Dorr LLP issued a legality opinion dated August 12, 2026 on 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
- 8.01Other Events
- 9.01Financial Statements and Exhibits
From the filing
Item 8.01. Other Events. On August 12, 2026, State Street Corporation (“State Street”) issued and sold 500,000 depositary shares (the “Depositary Shares”) each representing a 1/100th ownership interest in a share of State Street’s Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series L, without par value per share (the “Series L Preferred Stock”), with a liquidation preference of $100,000 per share (equivalent to $1,000 per Depositary Share) in a public offering pursuant to a registration statement on Form S-3 (File No. 333-288196) and a related prospectus supplement filed with the Securities and Exchange Commission (the “SEC”). …
An excerpt of the text as filed with the SEC, cut for length.
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