Select Notes Trust LT 2004-1 Reports Distribution to Certificate Holders

What Happened

• Select Notes Trust LT 2004-1 filed a Form 8-K (dated Sept 4, 2026) reporting a distribution to holders of the Certificates issued by the trust. The distribution date referenced in the filing is September 1, 2026.
• The filing notes that any issuer (or guarantor or successor) representing 10% or more of the trust is subject to reporting under the Securities Exchange Act of 1934 and that their periodic reports and other Exchange Act filings are available from the SEC (SEC public reference facilities or SEC.gov).
• The filing also states that neither Structured Obligations Corporation nor the trustee participated in preparing or performing due diligence on those issuer filings and have not verified their accuracy or completeness.

Key Details

• Event: Distribution to certificate holders; distribution date: September 1, 2026.
• Material issuers: Any underlying issuer representing ≥10% of the trust is governed by Exchange Act reporting requirements.
• Disclosure/verification: Structured Obligations Corporation and the trustee did not verify or perform due diligence on the underlying issuers’ Exchange Act reports.
• Where to look: Investors can view underlying issuer reports and proxies on the SEC’s EDGAR site (sec.gov).

Why It Matters

• This is a routine trustee disclosure about a distribution, but it emphasizes that important information about large underlying issuers comes from those issuers’ own SEC filings. Because the trustee did not verify those filings, investors who rely on the trust’s holdings or the health of significant underlying issuers should review the relevant Exchange Act reports on SEC.gov themselves to assess any risks or developments.