0001193125-26-219511
SEC filingGoldman Sachs eliminated its Series T Preferred Stock from its Restated Certificate of Incorporation after redeeming all outstanding shares on May 10, 2026, effective May 11, 2026, via a Certificate of Elimination filed with the Delaware Secretary of State.
This filing reflects the formal corporate governance step following the full redemption of Goldman Sachs’ Series T Preferred Stock — a non-cumulative, fixed-rate reset instrument issued under prior board authority. The redemption on May 10, 2026, extinguished all outstanding shares, triggering the procedural elimination of the series’ designation, preferences, and rights from the company’s charter. The Certificate of Elimination (Exhibit 3.1) and updated Restated Certificate of Incorporation (Exhibit 3.2) confirm that no shares remain outstanding and no future issuance under the Series T Certificate of Designations is permitted. While the action does not alter the company’s current capital structure — since the shares were already redeemed — it simplifies the authorized capital framework by removing an inactive preferred series. This reduces administrative complexity and eliminates potential ambiguity regarding dividend rights, liquidation preferences, or voting provisions tied to Series T. Investors should note that the elimination has no impact on common shareholders’ rights, dividend policy, or financial obligations, as the preferred stock was non-cumulative and had no accrued unpaid dividends at redemption. The process adheres strictly to Delaware General Corporation Law Section 151(g), underscoring procedural compliance without substantive financial or strategic implications beyond capital structure streamlining.