8-K: Goldman Sachs Eliminates Series T Preferred Stock

Goldman Sachs Group, Inc. has filed a Form 8-K to report the elimination of its 3.80% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series T, following its redemption.

Summary

• Goldman Sachs Group, Inc. has officially eliminated its 3.80% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series T, from its Restated Certificate of Incorporation.
• This action was taken after all outstanding shares of the Series T Preferred Stock were redeemed on May 10, 2026.
• A Certificate of Elimination and an amended Restated Certificate of Incorporation were filed with the Secretary of State of Delaware on May 11, 2026, to reflect this change.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral filing, primarily administrative in nature, with no immediate positive or negative financial implications beyond the completion of a prior redemption.

Positives

• Completion of preferred stock redemption and corporate structure simplification.
• Formal removal of Series T Preferred Stock from the company's charter, indicating a finalized corporate action.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it pertains to a corporate action regarding existing preferred stock.

Industry Context

StockSavvy.ai notes that the elimination of specific preferred stock series is a common corporate housekeeping action for financial institutions, often following redemptions to streamline capital structures and reduce administrative complexity.

Corporate Governance

Stakeholder Impact

• Shareholders: No direct impact as the Series T Preferred Stock was redeemed prior to this filing.
• Creditors: No direct impact; this is an internal corporate structure adjustment.

Next Steps

• The elimination of the Series T Preferred Stock from the Restated Certificate of Incorporation is now complete.

Key Dates

Keywords

Preferred Stock, Goldman Sachs, SEC Filing, 8-K, Corporate Action, Redemption, Delaware, Capital Stock