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Goldman Sachs logoGoldman Sachs GS

The company filed a Certificate of Elimination with the Delaware Secretary of State on October 23, 2024, removing matters related to the Series P Preferred Stock, a 5.00% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, from its Restated Certificate of Incorporation.

8-KAmendments to Articles of Incorporation or Bylaws; Change in Fiscal YearFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company filed a Certificate of Elimination with the Delaware Secretary of State on October 23, 2024, removing matters related to the Series P Preferred Stock, a 5.00% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, from its Restated Certificate of Incorporation.

  2. Goldman Sachs said all outstanding shares of the Series P Preferred Stock were redeemed on October 21, 2024. The filing of the elimination of the Series P matters from the certificate was made on October 23.

  3. The company said it filed a Certificate of Designations setting out the terms of its 6.125% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series Y, with the Delaware Secretary of State.

  4. Goldman Sachs filed a Restated Certificate of Incorporation with the Delaware Secretary of State on October 23, 2024, reflecting the Series Y terms and the removal of the Series P Preferred Stock. The company attached the Certificate of Elimination as Exhibit 3.1 and the amended Restated Certificate of Incorporation as Exhibit 3.2.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Removal of Series P Preferred Stock Provisions from Charter

The company filed a Certificate of Elimination with the Delaware Secretary of State on October 23, 2024, removing matters related to the Series P Preferred Stock, a 5.00% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, from its Restated Certificate of Incorporation.

Source · Based on the filing body and exhibits

Full Redemption of Series P Preferred Stock

Goldman Sachs said all outstanding shares of the Series P Preferred Stock were redeemed on October 21, 2024. The filing of the elimination of the Series P matters from the certificate was made on October 23.

Source · Based on the filing body and exhibits

New Series Y Preferred Stock Terms Established at 6.125%

The company said it filed a Certificate of Designations setting out the terms of its 6.125% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series Y, with the Delaware Secretary of State.

Source · Based on the filing body and exhibits

Amended Charter Filing and Attached Exhibits

Goldman Sachs filed a Restated Certificate of Incorporation with the Delaware Secretary of State on October 23, 2024, reflecting the Series Y terms and the removal of the Series P Preferred Stock. The company attached the Certificate of Elimination as Exhibit 3.1 and the amended Restated Certificate of Incorporation as Exhibit 3.2.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.