Goldman Sachs Group Inc. 424B Filings

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering cash‑settled notes linked to the S&P 500® Index that mature in April 2027. Payment at maturity depends on the index performance from April 10, 2026 to the determination date.

Key mechanics: for each $1,000 face amount you receive the underlier return up to a maximum upside settlement amount of $1,100; if the final underlier level declines but remains above the trigger buffer level (78.3% of initial) you receive the absolute underlier return as a positive payout; if the final level is below the trigger buffer you suffer losses equal to the underlier return and could lose your entire investment. The notes pay no interest and include issuer/guarantor credit risk. Terms and tax treatment are described in the supplement.

GS Finance Corp. is offering Digital S&P 500® Index-Linked Notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity depends on the S&P 500 performance between the trade date and determination date, with a threshold settlement amount of $1,200, a capped maximum settlement amount of at least $1,845, and a trigger buffer level of 80%. If the final index level is below the trigger buffer level, investors lose 1% of principal for each 1% decline below the initial level and could lose their entire investment. Trade date is April 30, 2026 and stated maturity is May 5, 2031. The original issue price equals 100% of face amount; underwriting discount is 3%.

GS Finance Corp. offers structured, indexed medium-term notes with an aggregate face amount of $976,000. The notes pay no interest and the cash payment at maturity is tied to the lesser performing underlier — the Russell 2000® and the S&P 500® — and will be either the face amount per note or a capped maximum settlement amount.

The trade date is April 14, 2026, the original issue date is April 17, 2026, the determination date is March 28, 2028 (subject to adjustment), and the stated maturity date is March 31, 2028. The notes are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc..

GS Finance Corp. is offering floating rate notes guaranteed by The Goldman Sachs Group, Inc. The notes pay interest at compounded SOFR plus a 1.25% spread (floored at 0.00% per annum), payable quarterly beginning July 21, 2026, with an expected original issue date of April 21, 2026 and an expected stated maturity of April 21, 2033. Each note has a principal amount of $1,000. Compounded SOFR will be determined by the calculation agent, Goldman Sachs & Co. LLC, using a specified observation period and ISDA 30/360 day count; the calculation agent has discretionary determination authority subject to a manifest error standard. Net proceeds are intended to be lent to The Goldman Sachs Group, Inc. or affiliates.

GS Finance Corp. is offering Autocallable Underlier-Linked Notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes reference three underliers: the S&P 500 Index, the EURO STOXX 50 Index and the iShares MSCI Emerging Markets ETF (EEM). The notes pay no interest and may be automatically called on specified observation dates; call premiums are 10.5% (first call) and 21% (second call). If not called, the cash settlement at maturity depends solely on the performance of the lesser performing underlier versus its initial level, with a 70% buffer level, a 30% buffer amount, and a capped maturity premium of 31.50%. The notes expose investors to issuer and guarantor credit risk and to the market, foreign market, currency and tax risks described in the supplement.

GS Finance Corp. is offering $7,943,000 of autocallable index-linked notes due April 21, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, may be automatically called on scheduled call observation dates beginning April 14, 2027 if each index is >= 90% of its initial level, and pay a capped call premium if called. At maturity the cash payment depends on the performance of the lesser performing index versus its initial level with a trigger buffer at 70% and a capped maturity upside of 43%. The trade date is April 14, 2026 and original issue date is April 17, 2026; original issue price is 100% of face and the estimated model value on the trade date was approximately $970 per $1,000 face amount.

GS Finance Corp. is offering principal-at-risk, cash-settled notes linked to the S&P 500® Index with an aggregate face amount of $1,609,000. The notes pay no interest, may be automatically called on the call observation date for a fixed call payment of $1,120 per $1,000 if the underlier is at or above its initial level, and otherwise settle at maturity based on the final underlier level with a 195% upside participation rate and a 10% buffer (90% buffer level). The notes are senior unsecured obligations of GS Finance Corp., unlisted, guaranteed by The Goldman Sachs Group, Inc., and subject to issuer and guarantor credit risk, model‑based secondary market pricing, liquidity risk, and uncertain U.S. federal tax treatment. Key dates include trade date April 14, 2026, original issue date April 17, 2026, call observation date April 19, 2027, call payment date April 22, 2027, determination date April 16, 2029, and stated maturity date April 19, 2029.

The Goldman Sachs Group, Inc. is offering fixed rate notes due April 30, 2038 under its Medium‑Term Notes, Series N program. The notes have an expected annual interest rate of 5.25%, pay interest each April 30 beginning April 30, 2027, and will be issued in denominations of $1,000.

Trade date is April 28, 2026 with original issue date April 30, 2026. The notes will be issued in book‑entry form through DTC, not listed on an exchange, and principal payment and interest are governed by the senior debt indenture with The Bank of New York Mellon as trustee.

GS Finance Corp. is offering structured, medium-term notes guaranteed by The Goldman Sachs Group, Inc. The notes pay a monthly coupon that is either a maximum $8.542 or a minimum $0.209 per $1,000 face amount depending on monthly observations of four index stocks (Alphabet Class C, NVIDIA, Meta Class A, Tesla). The notes may be automatically called on observation dates beginning April 2027 if each stock’s closing price is at or above its initial price; stated maturity is April 21, 2031. The prospectus discloses an estimated value of ~$954 per $1,000 at pricing, an original issue price of 100%, and an underwriting discount of 4%.

GS Finance Corp. offers EURO STOXX 50® index-linked notes due May 5, 2031, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and is linked to the EURO STOXX 50® Index. If the final index level on the determination date is at or above a 75% trigger buffer, holders receive at least a $1,370 threshold settlement amount or $1,000 plus the index return, whichever is greater. If the final index level is below the 75% trigger buffer, losses are linear to the index decline and could result in a total loss of principal. Terms (including the initial underlier level) will be set on the trade date of April 30, 2026; the determination date is April 30, 2031. The notes pay no interest and are subject to issuer and guarantor credit risk and various market, tax and liquidity risks described herein.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured notes linked to NVIDIA Corporation stock. The notes (aggregate face amount $1,161,000) pay a contingent monthly coupon and are subject to an automatic call if the underlier closes at or above the initial level ($188.63) on any call observation date. Coupons are paid only when the underlier is >= 70% of the initial level on coupon observation dates. At maturity (stated maturity April 13, 2028), the cash settlement per $1,000 depends on the final underlier level: if the final level is <70% the return is proportional to the underlier return and could result in a total loss; if >=70% the principal is preserved (up to 100% of face). The notes were issued at 100% of face with a 0.4% underwriting discount.

GS Finance Corp. priced a structured, non‑interest bearing note linked to the S&P 500® Futures Excess Return Index. The offering has an aggregate face amount of $317,000 and an original issue price of 100% of face amount. The notes feature an automatic call on the call observation date if the underlier closes at or above the initial level; in that event the issuer will pay $1,150 per $1,000 on the call payment date. If not called, maturity payment depends on the final underlier level: upside participation is 175%, a buffer is set at 85% of the initial level with a buffer amount of 15% and a buffer rate of 100%. The initial underlier level is 562.18. The notes are senior debt of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer and guarantor credit risk, market‑value variability, roll/contango effects from futures exposure, and uncertain U.S. federal tax treatment.

The pricing supplement describes a $1,000,000 offering of medium-term structured notes issued by GS Finance Corp. and fully guaranteed by The Goldman Sachs Group, Inc. The notes reference the EURO STOXX 50® Index, do not pay interest, and may be automatically called on the call observation date if the underlier is at or above its initial level; in that case each $1,000 note pays $1,144 on the call payment date. If not called, the cash settlement at maturity depends on the final underlier level, with upside participation of 200%, a 10% buffer and a buffer rate of approximately 111.11%. Purchase at original issue is at 100% of face; underwriting discount is 1.5%.

GS Finance Corp. is offering structured, contingent monthly coupon notes backed by a guarantee from The Goldman Sachs Group, Inc., linked to the common stock of The Home Depot, Inc. The notes (aggregate face amount $564,000) pay a monthly coupon of $10.042 per $1,000 if the underlier meets a 72% trigger on observation dates and may be automatically called early if the underlier is at or above the initial level. At maturity, if not called, the cash payment per $1,000 face depends on the final underlier level: it is protected down to a 72% buffer but falls dollar-for-dollar below that level, meaning investors can lose the full principal if the underlier falls sufficiently. The notes mature on October 19, 2027 (determination date October 14, 2027), carry an original issue price of 100% and an underwriting discount of 0.9%.

GS Finance Corp. / The Goldman Sachs Group, Inc. is offering principal‑protected‑style, buffer notes linked to the MSCI EAFE Index with an upside participation rate of 200%, a 10% buffer (buffer level = 90% of the initial underlier level) and a maximum settlement amount of $1,235 per $1,000 face amount. The notes pay no interest and settle in cash at maturity; payment depends on the final underlier level measured versus the initial level set on April 10, 2026. Key dates include trade date April 14, 2026, original issue date April 17, 2026, determination date October 14, 2027 and stated maturity date October 19, 2027. These notes expose holders to issuer/guarantor credit risk, foreign‑market and currency risk, capped upside and potential substantial principal loss if the underlier falls more than the buffer.

The issuer, GS Finance Corp., is offering structured, non‑interest bearing notes linked to an equally weighted basket of nine common stocks with an initial basket level of 100. The notes mature on April 13, 2028 unless automatically called on the call observation date (April 23, 2027), in which case each $1,000 face amount pays $1,193. At maturity, if the final basket level is above the initial level, holders receive $1,000 plus 125% of the basket return; if the final level is between 80% and 100% of the initial level, holders receive $1,000; if below 80% holders absorb losses subject to a 20% buffer and a 125% buffer rate. The aggregate original face amount offered was $5,152,000, original issue price 100%, underwriting discount 1.5%, and the estimated value on the trade date was approximately $953 per $1,000.

GS Finance Corp. is offering Autocallable Buffered S&P 500® Index-Linked Notes due 2028 with an aggregate face amount of $8,258,000. The notes may be automatically called on the call observation date April 23, 2027 for $1,101 per $1,000 if the S&P 500 closing level is >= the initial level of 6,816.89. If not called, the stated maturity is April 13, 2028 and payoffs depend on the index return measured from April 10, 2026 to the determination date, with a threshold settlement amount of $1,202, an upside participation rate of 150%, and a downside buffer at 85% of the initial level (buffer rate ~117.65%). Estimated value on the trade date was approximately $995 per $1,000; original issue price is 100% with an underwriting discount of 1.5%. The notes are unsecured obligations subject to issuer and guarantor credit risk and have uncertain U.S. tax treatment.

GS Finance Corp. offers $4,576,000 of indexed, cash-settled medium-term notes guaranteed by The Goldman Sachs Group, Inc. The notes reference the S&P 500® Index with a 200% upside participation rate and a 75% trigger buffer. They pay no interest, may be automatically called on the call observation date for a capped cash payment of $1,100 per $1,000 face amount, and otherwise pay at maturity based on the underlier return. The initial underlier level is 6,816.89. If the final underlier level is below the 75% trigger buffer, investors may lose a material portion or their entire investment. The notes are unsecured senior debt under the GSFC 2008 indenture; purchasers bear issuer and guarantor credit risk and may face limited secondary-market liquidity.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering callable contingent coupon index-linked notes tied to the Russell 2000®, Nasdaq-100® and S&P 500® indices. The notes have an expected trade date of April 24, 2026, an expected original issue date of April 29, 2026 and an expected stated maturity date of April 30, 2029. Coupons of $5.834 per $1,000 (0.5834% monthly; ~7% per annum) are payable on a coupon payment date only if the closing level of each index on the related coupon observation date is at least 60% of its initial level. At maturity the cash settlement depends on the performance of the lesser performing index with a trigger buffer at 62% of initial levels; if that lesser index is below 60% you can lose a substantial portion of principal. The estimated value on the trade date is $925 to $955 per $1,000 face amount.

GS Finance Corp. offers autocallable S&P 500® index-linked notes due April 22, 2032, guaranteed by The Goldman Sachs Group, Inc. The notes may be automatically called on scheduled observation dates beginning in April 2027; call premiums range from 9.9% to 49.5%. The initial index level will be set on April 17, 2026 and the determination date is expected to be April 19, 2032. If not called, the maturity payout is capped at $1,594 per $1,000 face amount when the final index level is >= initial level; downside is linear to index declines. GS&Co. estimates the notes' model value on the trade date to be $885–$925 per $1,000 face amount.

GS Finance Corp. is offering structured notes linked to the common stock of ServiceNow, Oracle and HubSpot. The notes mature on April 22, 2031 (expected) and pay a monthly coupon of $10 per $1,000 face amount only if the closing price of each index stock on the related coupon observation date is >= 62% of its initial price. The issuer may redeem notes on coupon payment dates from October 2026 through March 2031 at 100% of face amount plus any coupon due. The estimated value at the trade date is between $885 and $925 per $1,000 face amount. The notes are unsecured obligations of GS Finance Corp. and are subject to the credit risk of the issuer and guarantor.

GS Finance Corp. offers structured notes (aggregate face amount $1,500,000) linked to an equally weighted basket of Alphabet Class C, Amazon, Apple and Tesla, maturing on April 21, 2031. The notes pay a conditional monthly coupon of $6.917 per $1,000 (0.6917% monthly, ~8.3% per annum) if the basket closing level on each coupon observation date is at or above the coupon trigger level (80% of the initial basket level). The notes are automatically called if a call observation date’s closing basket level is at or above the initial basket level (initial level 100), in which case holders receive principal plus the coupon on the next payment date. At maturity (if not called), principal repayment depends on the final basket level relative to a buffer: full principal if final level ≥ 85% of initial; partial principal (reduced per disclosed formula) if final level < 85%, with complete loss of coupon and potentially substantial principal impairment if final level < 80%. The estimated value at pricing was approximately $941 per $1,000 face amount. These notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and subject to issuer and guarantor credit risk and calculation agent discretion.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering contingent principal notes linked to a Class A subordinate voting share of Shopify Inc. Each $1,000 note pays no interest and matures on April 30, 2027. The cash payment depends on the index stock return from the initial index stock price of $114.97 (set April 13, 2026) to the final index stock price on the determination date (April 27, 2027).

If the final index stock price is >= 65% of the initial price, holders receive a capped $1,305.6 per $1,000 face amount. If the final index stock price is below that threshold, payment equals $1,000 plus $1,000 times the index stock return, which can result in a complete loss of principal.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal‑protected‑style structured notes linked to the S&P 500® Index that mature in April 2028. Each $1,000 note pays no interest and delivers a cash settlement based on the underlier return measured from the initial level set on April 10, 2026 to the determination date. Notes provide an absolute upside up to a maximum settlement of $1,205 per $1,000, a 20% buffer (buffer level = 80% of the initial level) that flips negative outcomes into positive returns up to the buffer, and full downside exposure beyond the buffer. Pricing shows an original issue price of 100% with a 0.6% underwriting discount.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal‑protected, non‑interest bearing, auto‑callable notes linked to an equally weighted basket of three SPDR ETFs. The notes have an initial basket level of 100, an expected trade date of April 24, 2026, an expected original issue date of April 29, 2026, an expected call observation date of April 26, 2027 (auto‑call if basket ≥ initial level) and an expected stated maturity date of April 27, 2029. If automatically called, each $1,000 face amount pays $1,087 on the call payment date; if not called, the maturity payment equals $1,000 plus $1,000×(100% upside participation rate)×basket return if the final basket level exceeds 100, otherwise $1,000. The issuer discloses an estimated trade‑date value of the notes of $925 to $955 per $1,000 face amount and warns investors of credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., potential market‑disruption adjustments, calculation agent discretion, tax complexity, and secondary‑market illiquidity.

The Goldman Sachs Group, Inc. is offering senior, fixed-rate notes due April 30, 2036 with an interest rate of 5.00% per annum. Trade date is April 28, 2026 and original issue date is April 30, 2026. Notes will be issued in denominations of $1,000, issued in book-entry form as a master global note (DTC nominee), will not be listed on any exchange, and use a 30/360 (ISDA) day count convention. The notes are senior obligations under the issuer’s medium-term note program and may be sold initially by Goldman Sachs & Co. LLC; pricing terms and original issue price will be set on the trade date. Certain distribution and investor eligibility restrictions apply in the EEA, UK, Hong Kong, Singapore, Japan and Switzerland. The CUSIP/ISIN are provided in the terms.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering autocallable contingent coupon index-linked notes due April 30, 2029. The notes pay a contingent monthly coupon of $8.334 per $1,000 (0.8334% monthly, roughly 10.00% per annum) only if each underlier closes at or above 60% of its initial level on the related coupon observation date. The notes will be automatically called on a call payment date if each underlier closes at or above its initial level on the related call observation date; a called note pays par plus the coupon then due. If not called, the cash settlement at maturity depends solely on the lesser performing underlier and can result in a loss of principal up to 100% of face amount. Trade date is April 21, 2026 and original issue date is April 28, 2026. Underliers are the Nasdaq-100, Russell 2000 and S&P 500 indices. Investors bear issuer/guarantor credit risk, model/secondary-market discounts, and tax uncertainty.

GS Finance Corp. offers autocallable contingent coupon equity-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc., linked to the common stock of The Mosaic Company ("MOS UN"). Each $1,000 face amount pays contingent quarterly coupons when the underlier closing level on an observation date is at or above 50% of the initial level, and will be automatically called if the underlier closes at or above the initial level on any call observation date. At stated maturity (May 3, 2029), if not called, cash settlement per $1,000 depends on the final underlier level: if final level ≥ 50% of initial, principal is returned; if final level < 50% of initial, payoff equals $1,000 × (1 + underlier return), which can result in a total loss of principal. Trade date is April 28, 2026; determination date is April 30, 2029. The notes are unsecured senior debt under the GSFC 2008 indenture; payments depend on issuer and guarantor creditworthiness. The offering materials emphasize model-derived estimated values below original issue price, limited upside at 100% of face, market‑liquidity risks, tax uncertainty, and FINRA Rule 5121 distribution controls.

GS Finance Corp. offers capped, principal‑protected‑if‑down notes linked to Microsoft (MSFT). Each note has a $1,000 face amount and pays no interest. If the final Microsoft closing level on the determination date is ≥ the initial level, holders receive a capped cash payment of $1,166.50 per $1,000; if below, holders receive the face amount of $1,000. The notes trade April 14, 2026, issue April 17, 2026, have a determination date of April 17, 2028, and a stated maturity of April 20, 2028. The offering is fully guaranteed by The Goldman Sachs Group, Inc.; aggregate face amount is $1,515,000. Original issue price is 100% of face, underwriting discount 0.5%, net proceeds 99.5% of face. For U.S. tax purposes the notes are treated as contingent payment debt instruments with a comparable yield of 4.36% per annum and a projected payment at maturity of $1,091.91 on a $1,000 investment.

GS Finance Corp. is offering medium-term structured notes (guaranteed by The Goldman Sachs Group, Inc.) with an aggregate face amount of $8,424,000 under Pricing Supplement No. 23,614 dated April 14, 2026. The notes pay a contingent monthly coupon of $11.75 per $1,000 (1.175% monthly, up to 14.10% per annum) when the underlier, Salesforce, Inc. common stock, closes at or above a coupon trigger level of 60% of the initial underlier level on observation dates. The notes feature an automatic call if the underlier closes at or above the initial level on any call observation date; if not called, the cash settlement at maturity depends on the underlier return, and investors could lose their entire investment if the final level is below the trigger buffer level (60% of initial). The notes trade on an original issue price of 100% of face with an underwriting discount of 2.15% (net proceeds 97.85%) and mature on May 19, 2027.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering capped, autocallable structured notes linked to the Nasdaq-100, Russell 2000 and S&P 500. The notes pay a contingent monthly coupon of $10.542 per $1,000 when each underlier is at or above 70% of its initial level on observation dates and will be automatically called if all three underliers equal or exceed their initial levels on a call observation date. At maturity, if not called, the cash settlement per $1,000 is $1,000 if the lesser performing underlier is ≥70% of its initial level; otherwise the cash payment equals $1,000 × the lesser performing underlier return, so investors can lose up to their entire investment. The offering's aggregate face amount is $2,164,000 with an original issue price of 100% (net proceeds 99.65%).

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., offers structured notes linked to the common stock of Palantir, Rivian and Microsoft. The notes may be automatically called on observation dates beginning July 2026 if each index stock’s closing price is at or above its initial price, in which case holders receive the face amount plus a coupon.

If not called, quarterly coupons of at least $50 per $1,000 (5% quarterly) are paid only when each index stock on a coupon observation date is >=50% of its initial price. At final maturity (expected April 23, 2027), if a trigger event occurs (each final index stock price < initial price), the cash settlement equals $1,000 plus the lesser performing index stock return times $1,000, which could result in substantial losses. The estimated value on the trade date is $925–$955 per $1,000.

GS Finance Corp. is offering leveraged buffered equity-linked notes due, guaranteed by The Goldman Sachs Group, Inc., linked to the common stock of Snowflake Inc. Each note has a $1,000 face amount, pays no interest and will be cash-settled on a stated maturity date expected roughly 13–15 months after the trade date.

Returns at maturity depend on Snowflake's performance: a 150% upside participation applies to gains subject to a maximum settlement (expected between $1,544.05 and $1,640.05 per $1,000 face), a 15% buffer protects small declines (buffer level = 85%), and losses beyond the buffer can result in substantial principal loss, including the potential loss of the entire investment. Investors bear the credit risk of GS Finance Corp. and its guarantor.

GS Finance Corp. is offering Autocallable Contingent Coupon Equity-Linked Notes due 2027, fully guaranteed by The Goldman Sachs Group, Inc. The notes reference the common stock of Constellation Energy Corporation (Bloomberg: CEG UW) and pay a contingent monthly coupon of $13.542 per $1,000 (1.3542% monthly, up to ~16.25% per annum) when the underlier equals or exceeds a coupon trigger level set at 56% of the initial underlier level. The notes are subject to an automatic call if the underlier closing level on any call observation date is greater than or equal to the initial underlier level. Trade date is April 24, 2026, original issue date April 29, 2026, determination date May 24, 2027 and stated maturity date May 27, 2027. At maturity, unpaid principal is paid in cash and will equal $1,000 per $1,000 face amount if the final underlier level is >= the trigger buffer level (56%); if lower, payment equals $1,000 + ($1,000 × underlier return), so investors could lose their entire investment.

GS Finance Corp. is offering leveraged buffered notes linked to the Russell 2000® Index, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity depends on the index performance from April 15, 2026 through the April 27, 2027 determination date. For each $1,000 face amount the payoff provides 200% upside participation up to a $1,174 maximum settlement amount, a 10% buffer (buffer level = 90%) that preserves principal if the final index level declines by no more than 10%, and full downside exposure beyond the buffer. The notes may be worth less than their original issue price, are subject to the issuer and guarantor credit risk, and are intended for investors who accept limited upside (cap) and meaningful downside risk.

GS Finance Corp. priced a structured note linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER with a stated maturity of April 18, 2030. The notes pay monthly conditional coupons and may be automatically called beginning in April 2027 if the index closes at or above the initial underlier level of 442.61. Monthly coupons accrue at a schedule that implies $13.542 per $1,000 face amount when an observation meets the coupon trigger (75% of the initial underlier level). The index applies volatility-targeting, signal-based adjustments, up to 500% leverage, a cap on daily leverage change, and a 6.0% per annum daily decrement that reduces index performance. The estimated value on the trade date was about $943 per $1,000 face amount. The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and subject to issuer and index risks including leverage, decrement drag, roll yield, limited operating history of the index, and potential loss of principal.

GS Finance Corp. offers $ Buffered Digital S&P 500® Index-Linked Notes due 2027, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity depends on S&P 500 performance from an initial level of 7,022.95 (set April 15, 2026) to the determination date. For each $1,000 face amount, investors receive the maximum settlement amount of $1,114 if the final level is >= the initial level; receive $1,000 if the final level falls up to 10% (the buffer); and incur losses beyond the buffer on a 1:1 downside basis. Trade date is April 16, 2026, original issue date April 20, 2026, and stated maturity April 29, 2027. The notes are unsecured senior debt of GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., and exposed to issuer and guarantor credit risk.

GS Finance Corp. is offering index-linked notes due April 24, 2031, guaranteed by The Goldman Sachs Group, Inc. The cash payment at maturity for each $1,000 face amount depends on the lesser performing underlier of the MSCI EAFE and EURO STOXX 50 indices.

If both underliers finish above their initial levels, you receive $1,000 plus 200% of the lesser performing underlier return. If the lesser performing underlier finishes between 80% (the buffer level) and 100% of its initial level, you receive $1,000. If it finishes below 80%, you lose principal proportionally based on a 100% buffer rate and a 20% buffer amount. Trade date is April 21, 2026 and original issue date is April 24, 2026.

GS Finance Corp. is offering principal-at-risk, autocallable notes linked to the Class A common stock of Meta Platforms, Inc. The notes pay a contingent monthly coupon of $10.209 per $1,000 (1.0209% monthly, up to ~12.25% per annum) when the underlier meets the coupon trigger level of 62% of the initial underlier level. The notes will be automatically called on a call payment date if the underlier's closing level on a related call observation date is at least the initial underlier level of $662.49. If not called, the payment at maturity per $1,000 face depends on final underlier performance: if final underlier ≥ the 62% trigger buffer level, principal is preserved; if final underlier < 62%, the cash settlement equals $1,000 plus $1,000 × (underlier return), which can result in a loss of up to 100% of the investment. Trade date is April 14, 2026, original issue date April 17, 2026, and stated maturity May 19, 2027. Aggregate face amount listed is $7,957,000, original issue price 100% of face, underwriting discount 2.15%, net proceeds 97.85%.

GS Finance Corp. prices a primary offering of contingent income auto-callable securities due April 27, 2028 linked to the worst-performing of the S&P 500, Russell 2000 and Nasdaq-100. Each $1,000 note pays a contingent quarterly coupon (set at issuance) only if all three indexes are at or above a 70.00% downside threshold on coupon observation dates and may be automatically called early if each index equals or exceeds its initial index value on any call observation date. If not called, maturity payments return $1,000 if all final index values are at or above their downside thresholds; otherwise the maturity payment equals $1,000 multiplied by the worst performing index performance factor, exposing investors to up to a full loss of principal. The pricing supplement discloses an estimated value range of $920 to $980 and an underwriting discount of 2.00%.

GS Finance Corp. is offering $3,064,410 aggregate face amount of Trigger Autocallable Notes linked to the S&P 500® Index, maturing April 14, 2031, and guaranteed by The Goldman Sachs Group, Inc. The notes pay no coupons, may be automatically called on quarterly call observation dates if the index meets the autocall barrier, and provide contingent repayment at maturity: full principal only if the final index level is at or above a 75.00% downside threshold; otherwise holders suffer a loss proportional to the index return and could lose their entire investment. Initial index level is 6,816.89, autocall barrier is 100.00%, estimated value at issuance is approximately $9.74 per $10 face amount, and the call return starts at 8.00% per annum and increases over time.

GS Finance Corp. is offering autocallable equity-linked notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes reference Apple Inc. common stock ("AAPL UW") and pay no interest. Each $1,000 face amount can be automatically called for at least $1,110 if the underlier on the call observation date is >= the initial level. If not called, maturity payment depends on the final underlier level: up participation of 125% above the initial level, principal protection down to an 80% buffer, and proportional losses below the buffer. Trade date and original issue date are shown as April 23, 2026 and April 28, 2026, respectively; maturity and determination dates are in April 2028. The original issue price is 100% of face amount; underwriting discount is 1.75%, net proceeds to issuer 98.25%.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering Trigger PLUS notes linked to the EURO STOXX 50® Index due May 5, 2032. The securities provide leveraged upside—at least 183.50% of any positive index return—and a principal protection feature only if the final index value is at or above a trigger set at 75.00% of the initial index value. If the final index value is below the trigger level, investors suffer a pro rata loss (1.00% loss of principal for each 1.00% index decline), potentially losing the entire investment. The offering is expected to price on or about April 30, 2026, with original issue date and stated maturity of May 5, 2026 and May 5, 2032, respectively.

GS Finance Corp. is offering autocallable, EURO STOXX 50® index-linked notes due May 2, 2029, fully guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, may be automatically called on annual observation dates and provide an upside participation rate of 200% with a trigger buffer level of 85%. If not called, maturity payoffs depend on the final underlier level: above the initial level you receive upside (capped by call premiums if called), at or above 85% you receive principal back, and below 85% you suffer downside equal to the underlier return, potentially losing your entire investment.

The trade date is April 27, 2026, original issue date is April 30, 2026, determination date is April 27, 2029, and the stated maturity is May 2, 2029. Call premium amounts are at least 12.9% on the first observation and at least 25.8% on the second. These structured notes carry issuer and guarantor credit risk and limited secondary-market liquidity.

The Goldman Sachs Group, Inc. is offering Callable Fixed Rate Notes due April 16, 2036 that pay interest at 5.25% per annum, with interest expected to accrue from the original issue date (expected April 30, 2026) and annual interest payments expected each April 30, beginning April 30, 2027. The notes are callable at the issuer's option in whole, not in part, on expected quarterly redemption dates beginning on or after October 30, 2027, at a redemption price equal to 100% of principal plus accrued interest. The offering will settle through DTC and is being distributed by Goldman Sachs & Co. LLC and InspereX LLC; FATCA withholding rules apply.

GS Finance Corp. offers principal-protected (subject to terms) structured notes linked to the Goldman Sachs Momentum Builder® Focus ER Index. Each note has a $1,000 face amount and an expected trade date of April 27, 2026 with an original issue date expected to be May 4, 2026 and a stated maturity date expected to be May 5, 2031. Notes do not pay interest; if the final index level on the determination date is at least 102% of the initial index level, each $1,000 face amount will pay a capped maximum settlement amount of $1,650 (the maturity date return is specified as 65%); if the final index level is below 102%, investors receive $1,000. Notes are subject to automatic early redemption if the index closing level on any annual call observation date beginning April 2027 is at least 102% of the initial level, paying the face amount plus a specified call return per the schedule. The index applies daily rebalancing, volatility control (5% realized-volatility trigger), momentum risk control and a deduction of 0.65% per annum, and may allocate heavily to cash-like positions that earn zero excess return prior to the deduction. The estimated model value at pricing is between $885 and $925 per $1,000 face amount. Payments and market value are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and subject to issuer/guarantor credit risk and note calculation agent discretion.

GS Finance Corp. offers Buffered Participation Securities due April 22, 2032, guaranteed by The Goldman Sachs Group, Inc. The securities provide 100% participation in positive performance of an equally weighted basket of the S&P 500® and the Dow Jones Industrial Average®, with an initial basket value set to 100 on the pricing date.

Key economics set on the pricing date include a buffer of 19.00%, a minimum payment at maturity of at least $190.00 per $1,000 principal (at least 19.00%), and principal-at-risk for declines beyond the buffer (investors may lose up to 81.00%). The expected valuation date is April 19, 2032 and the stated maturity date is April 22, 2032. The estimated secondary-market value range at pricing is approximately $905 to $965 per $1,000 principal and the underwriting discount is 2.33%. Morgan Stanley Wealth Management will receive a selling concession of $23.30 per security, with $3.30 allocated as a structuring fee.

GS Finance Corp. is offering callable contingent coupon equity-linked notes due March 30, 2028, linked to the common stock of Microsoft Corporation. Each note has a $1,000 face amount. Notes pay a contingent monthly coupon of $11.667 per $1,000 (1.1667% monthly, ~14.00% per annum) only if the underlier on each coupon observation date is >= the coupon trigger level (70% of the initial underlier level). The issuer may redeem notes on coupon payment dates from July 2026 through February 2028. At maturity (or upon non-redemption), principal paid per $1,000 depends on the final underlier level relative to a 70% trigger buffer: if final level < 70% you receive $1,000 × (final/initial) and may lose your entire investment; if final level >= 70% you receive $1,000. The notes are unsecured senior obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and carry issuer and guarantor credit risk.

GS Finance Corp. offers $1,000-face autocallable contingent coupon equity-linked notes due June 4, 2027, guaranteed by The Goldman Sachs Group, Inc. Payments depend on the performance of Microsoft common stock ("MSFT UW"). Monthly contingent coupons pay only if the underlier closes at or above 72% of its initial level on observation dates; the notes are automatically called if the underlier closes at or above the initial level on any call observation date. At maturity, if not called, cash settlement is either full principal or reduced pro rata by the underlier return; investors could lose their entire investment.