Business Context and Reporting Period
This Form 8-K is a current report filed by The Goldman Sachs Group, Inc. on August 11, 2026. The filing addresses corporate governance changes regarding the company's capital structure, specifically the elimination of a preferred stock series and the introduction of a new series.
Key Financial Metrics
The filing does not provide specific financial performance metrics such as revenue, profit, cash flow, margins, debt levels, or liquidity ratios. The document focuses exclusively on corporate actions related to preferred stock.
Material Changes
- Redemption of Series U Preferred Stock: All outstanding shares of the 3.65% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series U, were redeemed on August 10, 2026.
- Elimination of Series U: On August 11, 2026, the company filed a Certificate of Elimination with the Delaware Secretary of State to remove the Series U Preferred Stock from its Restated Certificate of Incorporation.
- Issuance of Series AA Preferred Stock: A new 6.500% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series AA, was established via a Certificate of Designations filed on August 11, 2026.
- Restated Certificate of Incorporation: A Restated Certificate of Incorporation reflecting both the elimination of Series U and the designation of Series AA was filed on August 11, 2026.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It is a procedural report documenting the amendment of the company's Articles of Incorporation.
Investor Verification Checklist
- Verify the redemption price and total cost associated with the Series U Preferred Stock redemption on August 10, 2026.
- Confirm the total number of shares issued for the new Series AA Preferred Stock and the associated capital raised.
- Review the specific terms of the 6.500% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series AA, as detailed in the filed Certificate of Designations.
- Check subsequent filings for any impact on the company's regulatory capital ratios resulting from these preferred stock transactions.