Short answer
BNY Mellon (BK) filed an 8-K current report with the SEC on July 23, 2026 reporting Item 3.03 (Material Modification to Rights of Security Holders), Item 5.03 (Amendments to Articles of Incorporation or Bylaws), Item 8.01 (Other Events). Series N preferred stock issued July 23, 2026 with $100,000 liquidation preference per share.
BNY Mellon 8-K event analysis
AI summary of each reported item and its exhibits
Item 3.03 · Material Modification to Rights of Security Holders
- Series N preferred stock issued July 23, 2026 with $100,000 liquidation preference per share
- Noncumulative, perpetual preferred shares rank senior to common equity in liquidation and dividends
- Missed Series N dividends restrict common-stock dividends, repurchases, and redemptions
- Common shareholders face potential distribution and capital-allocation constraints if preferred dividends are skipped
Item 5.03 · Amendments to Articles of Incorporation or Bylaws
- Series N Preferred Stock formally established through Delaware Certificate of Designations effective July 22, 2026
- New preferred class defines investor preferences, limitations and relative rights
- Terms could affect dividend priority, liquidation rights and common-shareholder economics
- Exhibit 3.1 contains the governing Series N terms for evaluating BNY-PK investor protections
Item 8.01 · Other Events
- Public offering of 500,000 depositary shares representing 1/100th interests in Series N preferred stock
- Implies 5,000 underlying Series N preferred shares issued through the offering
- Goldman Sachs, J.P. Morgan, Morgan Stanley, RBC, UBS and BNY Mellon Capital Markets serving as underwriters
- Issuance completed under a July 23, 2026 deposit agreement with Computershare as depositary
- Preferred-stock financing expands BNY’s capital base while creating an additional preferred dividend obligation
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other BNY Mellon 8-K filings
Get the next BK 8-K as it lands
Follow BK for push alerts, or ask the research agent what this filing means.