secwatch.observer — SEC 8-K summary
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Issuer:     Bank of New York Mellon Corp (BK)
CIK:        0001390777
Form:       8-K
Filed at:   2026-03-05T23:59:59+00:00
Accession:  0001193125-26-094111
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BNY Mellon issues 500,000 depositary shares of Series M preferred stock under $500M offering
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- Filed Certificate of Designations for Series M Noncumulative Perpetual Preferred Stock, liquidation preference $100,000 per share.
- Underwriting agreement with Barclays, BofA, Citigroup, Deutsche Bank, BNY Mellon Capital Markets for 500,000 depositary shares (each representing 1/100th interest).
- Dividend restrictions on common stock and junior shares apply if Series M dividends not declared for prior period.
- Offering closed March 5, 2026; proceeds not specified but typical for capital and regulatory purposes.
- Deposit agreement with Computershare as depositary; legal opinion from Sullivan & Cromwell filed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1390777/000119312526094111/0001193125-26-094111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1390777/000119312526094111/d83983d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-094111

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