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Charles Schwab logoCharles Schwab SCHW

The company filed a Certificate of Elimination with the Secretary of State of Delaware on June 2, 2025 for its 5.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G.

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 Secretary of State of Delaware on June 2, 2025 for its 5.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G.

  2. Charles Schwab said the filing took effect upon submission and removed all matters set forth in the Certificate of Designations for the Series G Preferred Stock from its Fifth Restated Certificate of Incorporation, as amended.

  3. The Charles Schwab Corporation said it attached a copy of the Certificate of Elimination for the Series G Preferred Stock as Exhibit 3.1 to this report, and that the copy is incorporated into the report by reference.

  4. The company disclosed on its cover page that its common stock (SCHW) and its Depositary Shares, each representing a 1/40th ownership interest in a share of 5.95% Series D and 4.450% Series J Non-Cumulative Preferred Stock, are registered on the New York Stock Exchange.

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.

Filing of Certificate of Elimination for Series G Preferred Stock

The company filed a Certificate of Elimination with the Secretary of State of Delaware on June 2, 2025 for its 5.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G.

Source · Based on the filing body and exhibits

Certificate of Designations removed upon effectiveness of filing

Charles Schwab said the filing took effect upon submission and removed all matters set forth in the Certificate of Designations for the Series G Preferred Stock from its Fifth Restated Certificate of Incorporation, as amended.

Source · Based on the filing body and exhibits

Exhibit 3.1 attached and incorporated by reference

The Charles Schwab Corporation said it attached a copy of the Certificate of Elimination for the Series G Preferred Stock as Exhibit 3.1 to this report, and that the copy is incorporated into the report by reference.

Source · Based on the filing body and exhibits

Securities registered on the New York Stock Exchange

The company disclosed on its cover page that its common stock (SCHW) and its Depositary Shares, each representing a 1/40th ownership interest in a share of 5.95% Series D and 4.450% Series J Non-Cumulative Preferred Stock, are registered on the New York Stock Exchange.

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.