Goldman Sachs launches proposed offering of depositary shares to potentially fund Series U redemption

Goldman Sachs announced a proposed public offering of depositary shares representing interests in a new series of preferred stock.

Key Highlights:

• Proposed offering of depositary shares, each representing 1/25th of a share of Fixed-Rate Reset Non-Cumulative Preferred Stock, Series AA.
• If priced and closed, a portion of net proceeds may be used to redeem all outstanding 3.65% Series U preferred shares.
• Pricing is not yet set; offering completion and any redemption are subject to market conditions and other considerations.
• Preliminary prospectus supplement dated July 20, 2026 filed with the SEC; 8-K is not a redemption notice or an offer to sell.

Original SEC Filing:

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