PPLUS Trust Series GSC-2 8-K

What Happened

• PPLUS Trust Series GSC-2 (PYT) filed an 8‑K (dated February 17, 2026) announcing a distribution to holders of the trust certificates that was made on February 17, 2026. The trustee’s report regarding this distribution is filed as Exhibit 99.1 to the 8‑K.
• The filing points investors to The Goldman Sachs Group, Inc. (Commission File No. 001-14965) public filings for information about the underlying securities (including junior subordinated debentures) held by the trust.

Key Details

• Distribution date: February 17, 2026.
• Trustee’s report for the distribution is attached as Exhibit 99.1 to the 8‑K.
• No trust financial statements or pro forma financial information were provided in this filing.
• The depositor and trustee did not participate in preparing or independently verify the underlying issuer/guarantor information; investors are directed to Goldman Sachs’ SEC filings for details.

Why It Matters

• For certificate holders, this filing confirms a scheduled cash distribution was paid on February 17, 2026 and provides the trustee’s report documenting that payment.
• For prospective or current investors, the credit quality and cashflow supporting these certificates depend on the underlying securities and guarantor (Goldman Sachs). The filing emphasizes investors should review Goldman Sachs’ public SEC reports for the underlying security details and not rely on additional due diligence by the depositor or trustee.