---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-314242"
form_type: "8-K"
ticker: "BK"
cik: "0001390777"
company_name: "Bank of New York Mellon Corp"
filed_at: "2026-07-23T20:42:16+00:00"
generated_at: "2026-07-23T20:43:10.909337+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# BNY Mellon issues $500M of 6.244% Fixed-to-Floating Rate Preferred Stock via depositary shares

## Summary
- Offered 500,000 depositary shares (each 1/100th of Series N Preferred Stock) at $1,000/share, raising $500M.
- Series N carries 6.244% fixed-to-floating dividend rate; perpetual noncumulative preferred.
- Underwriting syndicate led by Goldman Sachs, J.P. Morgan, Morgan Stanley, RBC, UBS, BNY Mellon Capital Markets.
- If Series N dividends are not declared, BNY Mellon cannot pay dividends on or repurchase common stock.
- Certificate of Designations filed with Delaware Secretary of State on July 22, 2026.

## SEC filing metadata
- accession: 0001193125-26-314242
- form_type: 8-K
- ticker: BK
- cik: 0001390777
- company_name: Bank of New York Mellon Corp
- filed_at: 2026-07-23T20:42:16+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1390777/000119312526314242/0001193125-26-314242-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1390777/000119312526314242/d126055d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-314242
- JSON: https://secwatch.observer/filing/0001193125-26-314242.json
- Plain text: https://secwatch.observer/filing/0001193125-26-314242.txt

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