Goldman Sachs Group Inc. 424B Filings

GS Finance Corp. offers market-linked, non-interest bearing notes with returns tied to the Russell 2000 Index, the EURO STOXX 50 Index and the iShares MSCI Emerging Markets ETF. The notes have an expected trade date of April 20, 2026, an expected original issue date of April 23, 2026, a call observation date of April 20, 2027 (call payment April 23, 2027) and a stated maturity of April 25, 2029.

The notes pay no periodic interest. If, on the call observation date, each underlier is at or above its initial level the notes will be automatically called and pay $1,236 per $1,000 face amount. If not called, maturity payoffs depend on the lesser performing underlier: upside participation is 300% if all final levels exceed initial levels; a buffer of 20% applies (buffer level = 80%) below which losses occur, and holders could lose a substantial portion of principal. The estimated value at pricing is between $925 and $955 per $1,000 face amount.

The Goldman Sachs Group, Inc. is offering callable fixed rate notes that pay 5.40% per annum, expected to be issued on April 17, 2026 and maturing on April 7, 2036. Interest is payable annually each April 17 (first payment expected April 17, 2027).

The notes are callable at the issuer’s option in whole (not in part) on expected quarterly redemption dates starting October 17, 2027, with at least five business days’ prior notice, at a redemption price equal to 100% of principal plus accrued interest. Pricing and initial public offering mechanics vary by investor type and underwriter arrangements; market‑making by Goldman Sachs affiliates is disclosed.

GS Finance Corp. offers Trigger Autocallable Notes linked to the EURO STOXX 50® Index, due and guaranteed by The Goldman Sachs Group, Inc. The notes feature quarterly automatic-call observations, a 100.00% autocall barrier, a 75.00% downside threshold and contingent principal repayment at maturity. Call returns are set on the trade date and range on a per annum basis; the notes pay no coupons and are unsecured obligations subject to issuer and guarantor credit risk.

The notes may be automatically redeemed early if the index closes at or above the autocall barrier on a call observation date, producing limited cash payoffs tied to preset call returns. If not called, repayment at maturity depends on whether the final index level is at or above the downside threshold; otherwise investors may lose a substantial portion or all of their investment.

The Goldman Sachs Group, Inc. is offering fixed rate notes due April 23, 2029. The notes pay interest at 4.375% per annum, pay semiannually on April 21 and October 21 (with April 2029 payment on maturity), and will be issued in denominations of $1,000. The trade date is April 17, 2026 and the original issue date is April 21, 2026. The notes will be issued in book-entry form as a master global note (CUSIP 38151FY64) and will not be listed on an exchange. The prospectus notes FATCA withholding, distribution restrictions in multiple jurisdictions, and FINRA Rule 5121 conflicts for the affiliated underwriter.

GS Finance Corp. offers $ Trigger Autocallable GEARS linked to the iShares® MSCI Brazil ETF (EWZ), guaranteed by The Goldman Sachs Group, Inc. The securities pay a cash settlement per $10 face amount tied to EWZ performance, include an automatic call feature and a contingent repayment of principal at maturity.

Key economic terms set on the trade date: trade date April 15, 2026; original issue date April 17, 2026; call observation date April 22, 2027; determination date April 16, 2029; stated maturity date April 18, 2029. Autocall barrier is 100% of initial ETF price, upside gearing is set between 2.00 and 2.24, downside threshold is 75% and call return is 20%. The estimated value at pricing is $9.20–$9.50 per $10 face; original issue price is 100% of face with a 2.50% underwriting discount. These securities are unsecured obligations subject to issuer and guarantor credit risk and may result in significant or total loss of principal.

GS Finance Corp. is offering $1,000 face‑amount structured notes linked to the Nasdaq-100 and S&P 500, due August 10, 2028, and guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent monthly coupon (0.7542% per month, ~9.05% per annum potential) only if both underliers close at or above 65% of their initial levels on each coupon observation date. The notes are autocallable on scheduled call observation dates if both underliers close at or above their initial levels; an automatic call redeems each $1,000 at $1,000 plus any coupon then due. If not called, maturity cash payment is based solely on the lesser performing underlier; losses can be up to the full principal and coupons can be zero.

The Goldman Sachs Group, Inc. is offering callable fixed rate notes that pay interest at 5.80% per annum from and including the original issue date (expected April 17, 2026) to but excluding the stated maturity date (expected April 6, 2046). Interest is payable semiannually on each 17th of April and the stated maturity date, with the first payment expected on April 17, 2027. The issuer may redeem the notes in whole, not in part, on scheduled quarterly redemption dates beginning on or after April 17, 2029, at a price equal to 100% of principal plus accrued interest. The notes will be issued in book-entry form through DTC and are a new issue with no established trading market. The offering contemplates underwriting by Goldman Sachs & Co. LLC and InspereX LLC; initial pricing mechanics, underwriting discounts, and reseller terms are described in the supplemental plan of distribution.

GS Finance Corp. is offering autocallable, index-linked notes due 2032, guaranteed by The Goldman Sachs Group, Inc. Payments depend on the performance of the Goldman Sachs Momentum Builder Focus ER Index. Notes may be automatically called semi-annually if the index closes at or above its initial level; call payments include a capped call premium. If not called, maturity payments are capped by a maturity date premium (stated at least 58.2%) when the final index level is >= the initial level; if the final index level is below the initial level, holders receive the face amount. The index uses daily rebalancing, a 5% realized volatility control and a momentum risk control, and the index level is reduced by a deduction of 0.65% per annum (accruing daily). GS&Co. is the calculation agent and market-maker; estimated trade-date value is $885 to $935 per $1,000 face amount.

GS Finance Corp. priced contingent coupon notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (SPAR4V6). The notes mature expected April 17, 2031 and may be automatically called on monthly observation dates beginning in April 2027. Monthly coupons of $13.542 per $1,000 (1.3542%) are payable only when the index closing level on an observation date is >= 60% of the initial underlier level. The index applies a daily 6.0% per annum decrement, may use up to 500% leverage with a 40% volatility target, and caps daily leverage changes at 100%. Estimated initial model value is between $885 and $925 per $1,000. Investors bear issuer/guarantor credit risk, leverage and decrement drag, risk of losing substantial or all principal, limited operating history of the index, and potential market‑making spreads or illiquidity.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering principal-at-risk, dual‑stock‑linked notes tied to the common stock of Delta Air Lines, Inc. and United Airlines Holdings, Inc. The notes may be automatically called on the call observation date, with a minimum cash redemption of $1,350 per $1,000 face amount if both index stocks close at or above their initial prices.

If not called, the cash payment at maturity is determined by the performance of the lesser performing index stock on the determination date: a 150% upside participation applies to positive returns, a symmetric absolute return applies when final prices are between 55% and 100% of initial prices, and losses apply if any final price is below 55% (you can lose a substantial portion or all of principal). Pricing models estimate the notes' value at $925–$955 per $1,000 face when terms are set; payments remain subject to issuer and guarantor credit risk and to the calculation agent's discretionary adjustments.

GS Finance Corp. offers $1,000 face amount autocallable notes linked to the Goldman Sachs Momentum Builder® Focus ER Index, due 2033, guaranteed by The Goldman Sachs Group, Inc. The notes pay no periodic interest, can be automatically called on annual observation dates with increasing call levels and premiums, and pay at maturity either the face amount or an upside participation payoff (100% participation) if the final index level exceeds the initial index level. The index applies a 5% realized volatility control and a 0.65% per annum deduction, and may allocate heavily to cash-like positions; estimated trade-date value is $885 to $935 per $1,000 face amount.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal‑at‑risk, callable notes linked to two ETFs. Each $1,000 note pays a monthly coupon of $8.584 if both underliers are at or above 75% of their initial levels on a coupon observation date and is automatically called if both are at or above 95% on a call observation date. The notes mature on the stated maturity date expected to be January 24, 2029, unless called earlier. At maturity the cash payment depends on the lesser performing ETF relative to its initial level (a 25% buffer applies); investors may lose a substantial portion of principal if the lesser performing ETF falls below the buffer. The trade date is expected to be April 17, 2026 and the original issue date is expected to be April 21, 2026. The estimated value at pricing is stated between $925 and $965 per $1,000 face amount.

GS Finance Corp. is offering structured, auto-callable notes linked to the common stocks of Advanced Micro Devices, Inc., Broadcom Inc. and Tesla, Inc.. The notes pay a monthly coupon that is either a maximum of $8 per $1,000 (0.8% monthly; up to 9.6% per annum) if each index stock closes at or above 75% of its initial price on an observation date, or a minimum of $0.209 per $1,000 (0.0209% monthly; ~0.25% per annum) otherwise. The notes may be automatically called on observation dates beginning in April 2027 through March 2031 if each index stock’s closing price equals or exceeds its initial price; expected trade date is April 27, 2026 and stated maturity is expected to be May 5, 2031. Payments are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., and the estimated initial value is stated as between $885 and $935 per $1,000 face amount on the trade date.

GS Finance Corp. is offering autocallable index-linked notes guaranteed by The Goldman Sachs Group, Inc. The notes reference the S&P 500®, Nasdaq-100® and Russell 2000® indices, have an expected trade date of April 17, 2026, an expected original issue date of April 22, 2026, an expected call observation date of April 19, 2027, and an expected stated maturity date of April 24, 2029. If all three underliers are at or above their initial levels on the call observation date, the notes will be automatically called for a capped cash payment of $1,157.50 per $1,000 face amount on the call payment date. If not called, the cash payment at maturity is determined by the performance of the lesser performing underlier: positive returns are multiplied by an upside participation rate of 125%, moderate declines between 0% and -35% are converted to positive returns via the absolute lesser performing return if each final level is at least 65% of its initial level, and deeper declines below 65% of the initial level expose holders to losses tied to the lesser performing underlier.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering callable, buffer‑protected notes linked to three underliers: the VanEck Gold Miners ETF, an ADS of Taiwan Semiconductor Manufacturing Company Limited (5:1), and Visa Inc. Class A stock. The notes pay a quarterly coupon of $46.25 per $1,000 face amount if all underliers are ≥ 70% of their initial levels on coupon observation dates. The notes mature on April 6, 2028 unless automatically called earlier on specified call observation dates. Principal at maturity depends on the least‑performing underlier relative to buffer (80%) and trigger (70%) levels; losses occur if the lesser underlier is below the buffer. The estimated value at pricing was approximately $938 per $1,000 face amount.

GS Finance Corp. priced buffer-linked, cash-settled notes tied to the S&P 500® Index. For each $1,000 face amount, the notes pay no interest and will return the maximum settlement amount of $1,093.50 at maturity if the final index level is at or above a buffer level equal to 85% of the initial level. If the final level is below the buffer, holders suffer a leveraged downside: investors lose approximately 1.1765% of face amount for each 1% decline below the buffer and could lose their entire investment. The notes were issued at 100% of face amount with a 1% underwriting discount; net proceeds to the issuer equal 99% of face amount. Trade date was April 2, 2026, original issue date April 7, 2026, determination date April 15, 2027 and stated maturity April 20, 2027.

GS Finance Corp. is offering $651,000 aggregate of autocallable index-linked notes due April 9, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and may be automatically called on October 2, 2028 for $1,350 per $1,000 face amount if both the Nasdaq-100 and S&P 500 are each ≥ 105% of their initial levels. At maturity the cash payoff depends on the lesser performing index: positive payoffs equal 200% of that index return when both indices finish above their initial levels; a full return of principal occurs if the lesser performing index finishes ≥ 70%; losses (down to 0%) occur if the lesser performing index finishes below 70%. The estimated value at pricing was approximately $978 per $1,000 face amount; original issue price is 100% with an underwriting discount of 1.125%.

GS Finance Corp. priced $12,000,000 of contingent income buffered auto-callable notes linked to Eli Lilly ordinary shares. The securities (stated principal $1,000 each) pay a contingent monthly coupon only when the underlying closing price on coupon observation dates is at or above a buffer price of $763.616 (80% of the initial share price). If a call observation date closes at or above the initial share price of $954.52, the notes are automatically called and redeem at par plus the then-due coupon. If not called, maturity payoff depends on the final share price: at or above the buffer you receive principal; below the buffer you incur downside loss equal to 1.25% of principal for each 1.00% share decline beyond the buffer (downside factor 1.25). Estimated value at pricing was approximately $996 per $1,000 principal amount.

GS Finance Corp. is offering $41,162,000 of autocallable, buffered S&P 500® index-linked notes due April 7, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, may be automatically called beginning April 2027 if the S&P 500® closes at or above 90% of the initial level (6,582.69), and have a capped maturity payoff of $1,460 per $1,000 if the final index level is ≥90% of the initial level. If the final index level is below 85% of the initial level, investors absorb losses according to a buffer rate of ~117.65%. The estimated value at pricing was approximately $996 per $1,000 face amount; original issue price was 100%. Terms include specified call observation/payment dates and contingency rules for market disruptions, successor underliers, and U.S. tax characterizations.

GS Finance Corp. offers $5,932,000 aggregate face amount of Trigger Autocallable Contingent Yield Notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay a quarterly contingent coupon of $0.2875 per $10 (up to 11.50% per annum) only if both the Russell 2000® and S&P MidCap 400® close at or above a 70% coupon barrier on each observation date.

If, commencing October 2026, both indices close at or above their initial levels on any call observation date the notes will be automatically called and investors receive face amount plus the contingent coupon then due. If not called, principal repayment at maturity depends on the lesser performing index relative to a 70% downside threshold; a final index below that threshold can produce a loss of up to 100% of principal.

GS Finance Corp. offers $8,713,000 of Contingent Income Auto-Callable Securities linked to the Class A common stock of Vertiv Holdings Co. The notes mature April 5, 2029, pay contingent quarterly coupons only if the underlying stock closes at or above a 50.00% downside threshold ($130.645) on coupon observation dates, and are automatically called if the stock closes at or above the initial share price ($261.29) on any call observation date. If the final share price is below the downside threshold, principal is reduced 1:1 to the share performance factor; if at or above the threshold, principal is returned. The original issue price is 100% of principal, estimated value ~ $959 per security, underwriting discount 2.25%.

GS Finance Corp. priced non‑interest bearing, autocallable structured notes linked to the Goldman Sachs Momentum Builder® Focus ER Index (trade date April 2, 2026). For each $1,000 face amount, investors receive $1,812 at maturity if the final index level is ≥101% of the initial level (initial level 111.19); otherwise they receive $1,000. Semiannual call observation dates beginning April 2027 permit automatic full redemption at specified call returns. The index employs daily rebalancing, volatility control (5% cap), momentum risk control and a 0.65% p.a. deduction; large allocations to cash positions are possible. The estimated value at pricing was about $949 per $1,000; original issue price was 100% with a 1% underwriting discount.

GS Finance Corp. offers $18,726,000 aggregate Autocallable Buffered S&P 500® Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes bear no interest, may be automatically called on April 15, 2027 for $1,112 per $1,000 face amount, and otherwise pay at maturity on April 6, 2028 based on S&P 500 performance with a 150% upside participation rate, a 15% buffer and a threshold settlement amount of $1,224 per $1,000 face amount. The estimated value at pricing is approximately $988 per $1,000 face amount, below the original issue price. The notes are unsecured obligations of GS Finance Corp., subject to issuer and guarantor credit risk, limited liquidity, market-making by GS&Co. at its discretion, and complex U.S. federal income tax treatment.

GS Finance Corp. offers medium-term, structured notes linked to the S&P 500® Index under a $250,000 aggregate face amount pricing supplement dated April 2, 2026. The notes pay no interest, include an automatic-call feature that yields $1,120 per $1,000 if the underlier meets the call condition, and otherwise provide cash settlement at maturity with a 165% upside participation and a 15% buffer (100% buffer rate) that can still produce substantial principal loss if the final underlier level falls below the buffer level.

The notes are senior unsecured obligations of GS Finance Corp., unlisted, guaranteed by The Goldman Sachs Group, Inc., issued at 100% of face less a 0.65% underwriting discount (net proceeds 99.35% of face). Tax characterization is uncertain and FATCA and section 871(m) considerations are noted.

GS Finance Corp. is offering indexed, non‑interest bearing notes linked to the S&P 500® Index with a stated maturity of April 4, 2031. Each note has a face amount of $10 (minimum initial purchase $1,000); the initial offering aggregate face amount is $2,000,000. The initial underlying index level will be the arithmetic average during the initial averaging period (April 1, 2026 to July 1, 2026); the final level is the arithmetic average during the final averaging period ending on the determination date (April 1, 2031). Payouts at maturity vary by ranges of final/initial index performance, with a cap level of 182.00% and a maximum settlement amount of $21.85 per $10 face. Estimated value at pricing was $9.94 per $10 face; original issue price is 100.00% with underwriting discount 0.25% (net proceeds 99.75%). The notes are unsecured, unfunded obligations subject to issuer and guarantor credit risk; GS&Co. serves as calculation agent with discretion over key determinations.

GS Finance Corp. provides an April 6, 2026 supplemental index fact sheet for securities linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The index applies a 6.0% per annum daily decrement, permits up to 500% exposure to the S&P 500® Futures Excess Return Index and limits the maximum daily change in leverage to 100%. The fact sheet discloses the index launch date (December 27, 2024), historical and hypothetical pre-launch performance, and a list of selected risk factors related to leverage, signals, decrement effects, index construction, and issuer credit risk.

GS Finance Corp. is offering structured, cash‑settled notes linked to the S&P 500® Futures Excess Return Index with a $2,162,000 aggregate face amount. The notes mature on April 7, 2031 and pay no interest. If the final underlier level is above the initial level, holders receive the face amount plus 185% of the index return; if the final level is at or above 50% of the initial level, holders receive the face amount; if below that trigger buffer, holders incur principal loss proportional to the index decline.

The notes reference E‑mini S&P 500 futures (not the cash index), are fully guaranteed by The Goldman Sachs Group, Inc., and were issued at 100% of face with a 0.15% underwriting discount. The payment profile depends on futures performance, roll yields, and issuer creditworthiness.

GS Finance Corp. is offering $6,449,000 aggregate face amount of Trigger Autocallable Contingent Yield Notes due 2029, guaranteed by The Goldman Sachs Group, Inc.. The notes pay a quarterly contingent coupon of $0.28875 per $10 (up to 11.55% per annum) only if each of the S&P 500®, Russell 2000® and Nasdaq-100® closes at or above its coupon barrier on an observation date.

The notes may be automatically called beginning on the July 2, 2026 observation date if each index closes at or above its initial level; at maturity (April 5, 2029) principal repayment is contingent: if every final index level is at or above 70.00% of its initial level, holders receive $10 plus any final coupon, otherwise the cash settlement equals $10 multiplied by the lesser performing index return, and investors can lose a substantial portion or all of their investment. Payments are subject to issuer and guarantor credit risk. The estimated value at pricing was approximately $9.88 per $10 face amount.

GS Finance Corp. offers $300,000 aggregate face amount of cash-settled medium‑term notes, guaranteed by The Goldman Sachs Group, Inc. Each $1,000 face amount will pay either $1,000 or $1,000 plus the 111.5% upside participation multiplied by the underlier return measured from April 2, 2026 to the determination date, with a stated maturity of April 5, 2030.

The notes do not pay interest, are linked to the S&P 500® Futures Excess Return Index (futures-based, not the cash index), carry issuer and guarantor credit risk, and have an original issue price equal to 100% of face amount (underwriting discount 0.8%).

GS Finance Corp. offers S&P 500®-linked, principal‑at‑risk medium‑term notes guaranteed by The Goldman Sachs Group, Inc. The offering totals $26,936,000 in aggregate face amount in $1,000 notes with no periodic interest. The notes can be automatically called on the call observation date if the closing level of the S&P 500® is greater than or equal to the initial level; in that event each $1,000 note pays $1,124.50 on the call payment date. If not called, the cash payoff at maturity depends on the final index level: investors share upside at a 200% participation rate if the index finishes above the initial level, receive principal if the index finishes between 90% and 100% of the initial level, but face downside below the 90% buffer that can result in substantial loss, including a potential loss of the entire investment. The notes do not bear interest. Key dates include trade date April 2, 2026, original issue date April 7, 2026, call observation April 15, 2027, call payment April 20, 2027, determination date April 3, 2028, and stated maturity April 6, 2028.

GS Finance Corp. is offering autocallable equity-linked notes due April 20, 2028, guaranteed by The Goldman Sachs Group, Inc.. The notes reference the common stock of Microsoft Corporation (ticker "MSFT UW") and pay no interest. They have an automatic call feature on the call observation date and, if called, pay at least $1,194.50 per $1,000 face amount. At maturity (if not called) cash settlement depends on the final underlier level: upside participation is 125%, there is a 10% buffer (buffer level = 90%) and different payoff scenarios can result in substantial losses, including a potential loss of 67% in the worst illustrated case.

GS Finance Corp. is offering callable contingent coupon index-linked notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay a monthly contingent coupon of $9.875 per $1,000 (0.9875% monthly, up to 11.85% per annum) only when each underlier is at or above its coupon trigger (70% of its initial level) on the related observation date. If not redeemed, principal repayment at maturity depends on the lesser performing underlier (Dow Jones Industrial Average, Nasdaq-100 and Russell 2000) versus its initial level, subject to a trigger buffer at 65%; investors may lose up to 100% of principal. The issuer may redeem on specified coupon dates beginning October 2026; stated maturity is January 14, 2031.

GS Finance Corp. offers Leveraged Buffered S&P 500® Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and provide a cash settlement at maturity per each $1,000 face amount tied to the S&P 500® performance from the trade date to the determination date. If the final index level is above the initial level, holders receive the face amount plus the underlier return multiplied by a 125% upside participation rate, capped at a maximum settlement amount of at least $1,250. If the final index level is between the buffer level and the initial level (buffer level = 90% of the initial level), holders receive the face amount. If the final index level is below the buffer level, holders suffer a proportional loss tied to the decline below the buffer, with a buffer rate of 100% and a buffer amount of 10%. Trade date is April 16, 2026, original issue date April 21, 2026, determination date April 17, 2028, and stated maturity April 20, 2028. The original issue price is 100% of face amount with an underwriting discount of 1.75%.

GS Finance Corp. files a preliminary prospectus supplement for callable, monthly-coupon notes linked to four technology stocks. The notes mature on the stated maturity date expected to be May 5, 2031 and may be automatically called on observation dates beginning in April 2027. Coupons are monthly and conditionally pay either the maximum coupon of $8.334 per $1,000 or the minimum coupon of $0.209 per $1,000 depending on whether each index stock closes at or above 70% of its initial price on coupon observation dates. Notes are unsecured obligations of GS Finance Corp. guaranteed by The Goldman Sachs Group, Inc., and their estimated value at pricing is between $885 and $935 per $1,000 face amount.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering non‑interest bearing notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The notes may be automatically called on scheduled call observation dates beginning April 2, 2027 if the index is ≥95% of the initial level (initial underlier level 395.33), producing a cash redemption equal to $1,000 plus a call premium. If not called, final payment at maturity on April 9, 2031 depends on the index performance versus the initial level and is capped at $2,370.04 per $1,000 face amount; declines below a 60% buffer can produce substantial principal loss, potentially to zero.

The estimated value at pricing was approximately $971 per $1,000 face amount and the original issue price was 100% with an underwriting discount of 0.8%, net proceeds 99.2%.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering non-interest notes linked to the common stock of Repligen Corporation (RGEN). The notes trade date is April 2, 2026 with original issue date April 8, 2026 and a stated maturity of June 7, 2027. Payouts at maturity per $1,000 face amount: $1,400.5 if the final stock price is >= the initial price of $117.78; $1,000 if the final price declines up to 10%; and if the final price falls more than 10%, the payment equals $1,000 plus $1,000 times the index stock return (potentially losing the full investment). The estimated value on the trade date was approximately $943 per $1,000 face amount. The initial aggregate face amount was $8,000,000; original issue price 100%, underwriting discount 0.25%, net proceeds 99.75%. Payments depend on GS Finance Corp.'s and Goldman Sachs' creditworthiness and on the closing price of Repligen only on the determination date.

GS Finance Corp. offers $1,000 face‑amount autocallable contingent coupon equity‑linked notes due May 25, 2027, guaranteed by The Goldman Sachs Group, Inc. The notes reference Apple Inc. (AAPL) and pay a contingent monthly coupon of $9.667 per $1,000 (0.9667% monthly, ~11.6% annual) only if the underlier closes at or above 70% of the initial level on each coupon observation date. The notes are automatically called if the underlier closes at or above the initial level on any call observation date; principal repayment at maturity is cash‑settled and can be as low as zero if the final underlier level falls to 0%. The trade date is April 20, 2026, with original issue date April 23, 2026; determination date is May 20, 2027.

GS Finance Corp. is offering autocallable contingent coupon equity-linked notes due May 20, 2027, fully guaranteed by The Goldman Sachs Group, Inc. The notes reference the common stock of Palo Alto Networks, Inc. (ticker: PANW). Coupons are contingent monthly payments of $11.292 per $1,000 (1.1292% monthly) when the underlier meets the coupon trigger (61% of the initial level). Notes will be automatically called if the underlier closes at or above the initial level on any call observation date. At maturity, if not called, the cash settlement per $1,000 face amount is $1,000 if the final underlier level is at or above the trigger buffer level (61%); if below, the cash settlement equals $1,000 + ($1,000 × underlier return), which can result in a total loss of principal. Trade date is April 15, 2026 and original issue date is April 20, 2026.

GS Finance Corp. is offering Leveraged Buffered S&P 500® Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. Payment at maturity depends on S&P 500 performance from the trade date to the determination date: holders receive principal at or above the buffer (85%), leveraged upside up to a $1,235.50 cap, or a proportional loss below the buffer. Key terms set on the trade date include a 150% upside participation rate, a 15% buffer and a maturity tied to April 11, 2028. The notes pay no interest and are subject to issuer/guarantor credit risk and tax characterization uncertainty.

GS Finance Corp. is offering structured notes maturing on April 7, 2031 linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. Coupons are conditional and payable quarterly only if the underlier closes at or above 60% of the initial level (395.33) on designated observation dates; absent this trigger no coupon is paid. The issuer may redeem notes on specified coupon payment dates commencing April 2027 through January 2031 at par plus any coupon then due. At maturity the cash settlement amount per $1,000 face depends on the underlier return (initial level 395.33, final observation April 2, 2031) and is subject to a daily 6.0% per annum decrement and leverage rules (up to 500% exposure, max daily leverage change 100%). The estimated value at issuance was approximately $966 per $1,000 face and the original issue price is 100% with a 1% underwriting discount (net proceeds 99%).

GS Finance Corp. is offering callable, contingent‑coupon medium‑term notes guaranteed by The Goldman Sachs Group, Inc. The notes link monthly coupons to the closing prices of Alphabet Class C, NVIDIA, Meta Class A and Tesla and mature on April 21, 2031 unless automatically called. Observation dates run monthly; notes auto‑call if each index stock’s closing price on a call observation date is greater than or equal to its initial price. Coupons per $1,000 face amount are $8.542 (maximum) or $0.209 (minimum) depending on whether each index stock meets an 80% coupon trigger. Estimated value at pricing is $885–$925 per $1,000, and the trade date is expected to be April 14, 2026.

The offering prices structured, non‑interest bearing notes issued by GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., linked to the S&P 500® Futures Excess Return Index. The aggregate face amount is $1,200,000. Notes carry a 170% upside participation, an 85% buffer and a capped automatic call paying $1,155 per $1,000 if the underlier on the call observation date is ≥ the initial level. If not called, maturity settlement depends on the final underlier level, with a worst hypothetical payoff of 15.000% of face ($150 per $1,000) shown in examples. Important dates include trade date April 2, 2026, original issue date April 7, 2026, call observation date April 7, 2027, and stated maturity April 5, 2029. The notes are cash‑settled, not equity, and investors bear issuer/guarantor credit risk; underwriting discount is 0.6%.

GS Finance Corp. is offering callable, principal‑at‑risk notes linked to the Nasdaq‑100 Index®, the SPDR® Gold Trust and the VanEck Semiconductor ETF that mature on April 9, 2029 unless automatically called on observation dates beginning in April 2027.

Each $1,000 face amount can pay a monthly coupon component equal to the product of $10.25 times qualifying observation count (1.025% monthly, potential up to 12.3% annually) if all three underliers meet the coupon trigger level (each ≥ 60% of its initial level). At maturity, if not called, cash settlement depends on the lesser performing underlier: full principal plus final coupon if each underlier ≥ 60% of initial; $1,000 with no coupon if each underlier ≥ 50% but 60%; otherwise a reduced payment tied to the worst underlier return (potentially 50% of face or lower).

GS Finance Corp. offers structured, cash-settled, medium-term notes linked to the S&P 500® Futures Excess Return Index and guaranteed by The Goldman Sachs Group, Inc. The notes have an upside participation rate of 187.5%, a 50% trigger buffer, trade date April 2, 2026 and stated maturity April 7, 2031. Payment at maturity depends on the underlier return: investors receive enhanced upside if the final level exceeds the initial level, return of principal if the final level is at or above 50% of the initial level, or a proportional loss (up to full loss) if the final level is below 50%.

GS Finance Corp. offers $545,000 aggregate face amount of principal‑protected‑if‑limited structured notes linked to the Russell 2000® Index. For each $1,000 face amount, maturity payout depends on index performance: upside participation of 110% capped at a $1,230 maximum, a 10% buffer (buffer level = 90%), and a downside that reduces principal dollar‑for‑dollar beyond the buffer. The notes pay no interest and are fully guaranteed by The Goldman Sachs Group, Inc. Trade date is April 2, 2026, original issue date April 7, 2026, determination date May 3, 2027 and stated maturity May 6, 2027. The original issue price equals 100% of face and the underwriting discount is 0.4333%.

GS Finance Corp. offers $28,820,000 of S&P 500®-linked notes, guaranteed by The Goldman Sachs Group, Inc. Each note (face $1,000) pays no interest and at maturity will deliver either a capped cash return of $1,111.50 per $1,000 if the final S&P 500 level is at or above 90% of the initial level, or a downside payment that declines about 1.1111% of face for each 1% the index falls below 90%. Trade date is April 2, 2026, original issue date April 7, 2026, determination date April 15, 2027 and stated maturity April 20, 2027. The notes carry issuer and guarantor credit risk, are not interest bearing, and may result in loss of principal, including any premium paid.

GS Finance Corp. priced a capped, principal‑protected indexed note linked to the S&P 500® Index. The notes pay no interest and, at maturity, return the face amount if the final index level is equal to or below the initial level set on April 1, 2026; if the index rises, holders receive the face amount plus the index return, capped at a $1,150 cash settlement per $1,000 face amount. The notes mature on April 6, 2028 (determination date April 3, 2028) and are guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering contingent quarterly coupon, autocallable notes linked to the common stock of Microsoft Corporation (ticker: MSFT UW). Each $1,000 note pays contingent quarterly coupons if the underlier closes at or above 85% 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 maturity the cash settlement depends on the final underlier level; losses can be total if the final level is sufficiently low. The notes carry issuer and guarantor credit risk and an original issue price that exceeds model-estimated value.

GS Finance Corp. is offering underlier-linked notes due May 19, 2027 (expected) that pay an amount tied to the lesser performing of the S&P 500® Index, the Russell 2000® Index and the State Street® Utilities Select Sector SPDR® ETF (XLU). Each $1,000 face amount can pay up to a capped $1,100 at maturity if all underliers finish at or above 75% of their initial levels; if any underlier finishes below 75% the notes suffer losses using a buffer mechanics (buffer = 25%, buffer rate ≈ 133.33%), and an investor may lose the entire investment. The estimated value at pricing is quoted between $925 and $955 per $1,000 face amount. Payments are unsecured obligations of GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc., exposing holders to issuer and guarantor credit risk.