Goldman Sachs adjusts QVC Group (QVCGA) stake and tops 10% preferred
Rhea-AI Filing Summary
QVC Group, Inc. received an amended initial ownership report from The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC, reflecting their indirect holdings and ten percent owner status in certain securities. The filing shows indirect beneficial ownership of 2,966,150 shares of 8.0% Series A Cumulative Redeemable Preferred Stock, 7,448 shares of Series A Common Stock, and 16 shares of Series B Common Stock as of April 17, 2026, held directly by Goldman Sachs and indirectly by GS Group.
The reporting persons disclaim beneficial ownership except to the extent of their pecuniary interest. The amendment also corrects the original Form 3, which had overstated their beneficial ownership by 2,829 shares of Series A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
GOLDMAN SACHS GROUP INC, GOLDMAN SACHS & CO. LLC
Role
10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | 8.0% Series A Cumulative Redeemable Preferred Stock | -- | -- | -- |
| holding | Series A Common Stock | -- | -- | -- |
| holding | Series B Common Stock | -- | -- | -- |
Holdings After Transaction:
8.0% Series A Cumulative Redeemable Preferred Stock — 2,966,150 shares (Indirect, See Footnotes);
Series A Common Stock — 7,448 shares (Indirect, See Footnotes);
Series B Common Stock — 16 shares (Indirect, See Footnotes)
Footnotes (3)
- F1. The Preferred Stock, Series A Common Stock, and Series B Common Stock of the Issuer reported herein as indirectly purchased were beneficially owned directly by Goldman Sachs and indirectly by GS Group.
- F2. This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group") and Goldman Sachs & Co. LLC. ("Goldman Sachs" and, together with GS Group, the "Reporting Persons"). Goldman Sachs is a wholly-owned subsidiary of GS Group. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein. On April 17, 2026, the Reporting Persons experienced an increase in their beneficial ownership of QVC Group, Inc. (the "Issuer") to above 10% of the outstanding 8.0% Series A Cumulative Redeemable Preferred Stock ("Preferred Stock").
- F3. The Reporting Persons' beneficial ownership was inadvertently overstated by 2,829 shares of Series A Common Stock in the Reporting Persons' original Form 3.
Key Figures
Series B Common held: 16 shares
Series A Common held: 7,448 shares
8.0% Series A Preferred held: 2,966,150 shares
+2 more
5 metrics
Series B Common held
16 shares
Indirect beneficial ownership as of April 17, 2026
Series A Common held
7,448 shares
Indirect beneficial ownership as of April 17, 2026
8.0% Series A Preferred held
2,966,150 shares
Indirect beneficial ownership as of April 17, 2026
Ownership overstatement corrected
2,829 shares
Series A Common previously overstated in original Form 3
Ten percent owner status date
April 17, 2026
Date beneficial ownership exceeded 10% of preferred stock
Key Terms
beneficial ownership, ten percent owner, 8.0% Series A Cumulative Redeemable Preferred Stock, pecuniary interest
4 terms
beneficial ownership financial
"This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group") and Goldman Sachs & Co. LLC... Each Reporting Person disclaims beneficial ownership of the securities reported herein..."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
ten percent owner regulatory
"On April 17, 2026, the Reporting Persons experienced an increase in their beneficial ownership... to above 10% of the outstanding 8.0% Series A Cumulative Redeemable Preferred Stock..."
8.0% Series A Cumulative Redeemable Preferred Stock financial
"On April 17, 2026, the Reporting Persons experienced an increase in their beneficial ownership of QVC Group, Inc. ... of the outstanding 8.0% Series A Cumulative Redeemable Preferred Stock ("Preferred Stock")."
pecuniary interest financial
"Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the QVCGA Form 3/A filing by Goldman Sachs report?
The Form 3/A reports Goldman Sachs’ indirect beneficial ownership in QVC Group securities. It details holdings in Series A and B Common Stock and 8.0% Series A Preferred Stock, and notes that their preferred stake exceeded ten percent as of April 17, 2026.
Which QVC Group securities are indirectly owned by Goldman Sachs?
Goldman Sachs reports indirect beneficial ownership of 2,966,150 shares of 8.0% Series A Cumulative Redeemable Preferred Stock, 7,448 shares of Series A Common Stock, and 16 shares of Series B Common Stock in QVC Group, Inc., held directly by Goldman Sachs and indirectly by The Goldman Sachs Group, Inc.
Why did Goldman Sachs file an amended Form 3/A for QVCGA?
They filed an amended Form 3 to correct their originally reported stake. The amendment discloses that beneficial ownership of QVC Group’s Series A Common Stock had been overstated by 2,829 shares in the original filing, updating the reported share count accordingly.
When did Goldman Sachs become a ten percent owner of QVC Group preferred stock?
The filing states that on April 17, 2026, Goldman Sachs and The Goldman Sachs Group, Inc. experienced an increase in beneficial ownership to above ten percent of QVC Group’s outstanding 8.0% Series A Cumulative Redeemable Preferred Stock, triggering ten percent owner reporting status.
How do Goldman Sachs and GS Group describe their beneficial ownership in QVCGA?
The filing explains the preferred, Series A Common, and Series B Common shares are owned directly by Goldman Sachs and indirectly by The Goldman Sachs Group, Inc. Both reporting persons disclaim beneficial ownership of these securities except to the extent of their pecuniary interest.