---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-219236"
form_type: "8-K"
ticker: "AGQ"
cik: "0001415311"
company_name: "ProShares Trust II"
filed_at: "2026-05-12T19:27:04+00:00"
generated_at: "2026-05-12T19:31:38.222394+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# ProShares announces forward and reverse ETF share splits effective May 28, 2026

## Summary
- Forward split on NOBL (S&P 500 Dividend Aristocrats ETF) at 2:1 ratio, effective May 28.
- Reverse splits on 16 ETFs including BOIL (1:2), SCO (1:4), SLON, UXRP, and others.
- Splits effective before market open May 28; ticker symbols unchanged, new CUSIP for most.
- Fractional shares from reverse splits redeemed for cash, potentially a taxable event.
- Share splits do not change the total value of a shareholder's investment.

## SEC filing metadata
- accession: 0001193125-26-219236
- form_type: 8-K
- ticker: AGQ
- cik: 0001415311
- company_name: ProShares Trust II
- filed_at: 2026-05-12T19:27:04+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1415311/000119312526219236/0001193125-26-219236-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1415311/000119312526219236/d36754d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-219236
- JSON: https://secwatch.observer/filing/0001193125-26-219236.json
- Plain text: https://secwatch.observer/filing/0001193125-26-219236.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.