secwatch.observer — SEC 8-K summary
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Issuer:     GOLDMAN SACHS GROUP INC (GS)
CIK:        0000886982
Form:       8-K
Filed at:   2025-01-24T23:59:59+00:00
Accession:  0001193125-25-012226
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Goldman Sachs creates 6.850% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series Z
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- On Jan 21, 2025, filed Certificate of Designations for Series Z Preferred Stock, liquidation preference $25,000 per share.
- Series Z carries a 6.850% Fixed-Rate Reset rate, non-cumulative.
- If Goldman fails to pay Series Z dividends, it cannot declare dividends on or repurchase common stock.
- Depositary shares representing interests in Series Z offered under existing Form S-3 registration (File No. 333-269296).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886982/000119312525012226/0001193125-25-012226-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886982/000119312525012226/d910407d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-012226

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