Welcome to our dedicated page for Pplus Trust SEC filings (Ticker: PYT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for Merrill Lynch Depositor PPLUS Trust Series GSC-2 (symbol PYT) brings together the trust’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. PYT represents PPLUS Trust Certificates Series GSC-2, an asset-backed securities structure sponsored by Merrill Lynch Depositor, Inc. on behalf of PPLUS Trust Series GSC-2. The filings describe how the trust holds underlying securities and junior subordinated debentures associated with The Goldman Sachs Group, Inc. and issues certificates backed by those obligations.
Among the key documents available are Form 8-K current reports that describe material events affecting the trust. One such 8-K reports a distribution to holders of the PPLUS Trust Certificates Series GSC-2 on November 17, 2025 and includes a trustee’s report as an exhibit. These filings help investors see when distributions occur and how the trustee reports on those payments. Other sections of the 8-K may be marked "not applicable" when the event relates specifically to distributions and related disclosures rather than broader corporate actions.
The filings also emphasize that investors should review the Exchange Act reports of The Goldman Sachs Group, Inc.—including Forms 10-K, 10-Q, and 8-K—for detailed information about the underlying securities issuer and guarantor. The PPLUS trust documents state that neither the depositor nor the trustee conducted an investigation into the financial condition or creditworthiness of the underlying issuer or guarantor, and they encourage investors to obtain and evaluate the same information they would consider if investing directly in the underlying securities.
On this page, users can access PYT-related SEC filings and, with AI-powered summaries, quickly understand the purpose and key points of each document. The AI can highlight the nature of reported events, such as distributions or structural notices, and clarify references to underlying issuer filings, helping investors navigate the technical language of asset-backed securities disclosures more efficiently.
Merrill Lynch Depositor, Inc., on behalf of PPLUS Trust Series GSC-2, files its annual report describing this structured trust and its risks. The trust’s main assets are underlying junior subordinated debentures of The Goldman Sachs Group, Inc., an associated guarantee, and an interest rate swap.
The filing emphasizes that payments on the PYT trust certificates depend on the creditworthiness and payment behavior of the underlying securities issuer and guarantor, potential early redemption or calls, and the performance and continuation of the swap agreement. Interest may be deferred for extended periods, distributions can change from floating to fixed, and an 8.00% interest cap can limit income and depress market value. The report also notes one Form 8-K distribution report was filed late due to EDGAR authorization issues and states procedures are in place to promote timely future filings.
Merrill Lynch Depositor, Inc., on behalf of PPLUS Trust Series GSC-2 (ticker PYT), reports the February 17, 2026 distribution. The trust shows interest of $1,110,375.00, with no principal or premium paid.
Additional tables list interest amounts of $443,950.34 and $666,424.66, all with principal distributions of $0.00, and no unpaid accrued interest. The certificates have a $35,000,000 principal amount at a 6.345% interest rate, rated BB+ by Standard & Poor’s, and a related notional amount of $35,000,000 at 3.00%. The principal balance remains $35,000,000 with no reduction.
The report also directs investors to The Goldman Sachs Group, Inc. Exchange Act filings for information on the underlying securities and stresses that neither the depositor nor the trustee has conducted an independent investigation of that information.
Merrill Lynch Depositor, Inc., on behalf of PPLUS Trust Series GSC-2 (NYSE: PYT), filed a current report to note a distribution to holders of the PPLUS Trust Certificates on November 17, 2025. The detailed breakdown of this distribution is contained in a trustee’s report furnished as Exhibit 99.1.
The filing explains that PYT certificates are backed by underlying securities issued or guaranteed by The Goldman Sachs Group, Inc.. Investors are directed to review Goldman Sachs’ public reports, including its Forms 10-K and 10-Q, available through the SEC’s website and public reference facilities, for information about the underlying junior subordinated debentures and the issuer’s and guarantor’s condition. The report also states that neither the depositor nor the trustee prepared those Goldman Sachs documents, performed due diligence on them, or conducted an independent investigation into the financial condition or creditworthiness of the underlying issuer or guarantor.