The Goldman Sachs Group, Inc. filed a Certificate of Designations to its Restated Certificate of Incorporation on July 23, 2026, establishing the terms for its 6.500% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series AA. The Series AA Preferred Stock carries a liquidation preference of $25,000 per share. The issuance of these shares introduces restrictions on the company's ability to declare or pay dividends on, or purchase or redeem, its common stock if the company fails to pay dividends on the Series AA Preferred Stock. The company operates in the global investment banking and financial services industry.