Comcast issues Class A Equivalent Preferred Stock in connection with planned SpinCo spin-off

COMCAST CORP

Filed restated articles eliminating references to Series A Preferred (no outstanding shares) and integrating prior amendment.
Designated new Class A Equivalent Preferred Stock via Articles of Amendment on Dec 15, 2025.
Issued 872,791.0278 Preferred Shares to wholly-owned subsidiaries in exchange for Class A Common to avoid SpinCo distribution.
Preferred Shares automatically redeemable for Class A Common upon completion of spin-off.
Spin-off involves Versant Media Group (SpinCo) pro rata distribution of cable networks and digital assets.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

COMCAST CORP: Comcast filed Articles of Amendment to designate a new Class A Equivalent Preferred Stock in connection with a planned spin-off (effective 2025-12-15).

Change: charter amendment
Effective: 2025-12-15

Exact text from the filing

on December 15, 2025, after the filing of the Restated Articles, Comcast filed with the Secretary of State of the Commonwealth of Pennsylvania Articles of Amendment to the Restated Articles (the “Designation Amendment”) to designate a new Class A Equivalent Preferred Stock (the “Preferred Shares”).

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

COMCAST CORP: Comcast filed Amended and Restated Articles of Incorporation to remove non-operative references to Series A Participating Cumulative Preferred Stock and integrate a prior amendment changing registered office provider (effective 2025-12-15).

Change: charter amendment
Effective: 2025-12-15

Exact text from the filing

On December 15, 2025, Comcast Corporation (“Comcast”) filed Amended and Restated Articles of Incorporation (the “Restated Articles”) with the Secretary of State of the Commonwealth of Pennsylvania eliminating from its articles of incorporation (the “Articles”) all non-operative references and provisions in the Articles relating to Series A Participating Cumulative Preferred Stock (which has no outstanding shares) and integrating into a single instrument a previous amendment that changed Comcast’s registered office provider.

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Source: SEC EDGAR

accession 0000950103-25-016136

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