Goldman Sachs Group Inc. 424B Filings

GS Finance Corp. offers autocallable index-linked notes due 2030, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Nasdaq-100 Index and the S&P 500 Index, feature a 150% upside participation rate and a 10% buffer (buffer level = 90% of initial).

The notes pay no interest, will be automatically called on the call payment date if each underlier's closing level is greater than or equal to its initial level (automatic call pays $1,150 per $1,000 face amount), and otherwise deliver a cash settlement at maturity tied to the lesser performing underlier. Trade date is March 26, 2026, original issue date is March 31, 2026, call observation date is March 31, 2027, determination date is March 26, 2030, and stated maturity date is March 29, 2030.

GS Finance Corp. is offering $ Buffered Digital S&P 500® Index-Linked Notes due March 26, 2027, guaranteed by The Goldman Sachs Group, Inc.

The notes pay no interest and return at maturity is tied to the S&P 500® Index performance measured from March 9, 2026 (initial level) to the determination date. Each $1,000 face amount will pay a maximum settlement amount of $1,085.60 if the final underlier level is at or above the buffer level (85% of the initial level). If the final level is below the buffer level, holders lose approximately 1.1765% of face amount for each 1% decline below the buffer; losses can equal the entire principal. Original issue price is 100% of face, underwriting discount 1%, net proceeds 99%.

GS Finance Corp. is offering index-linked, non-interest bearing notes guaranteed by The Goldman Sachs Group, Inc. The notes' payoff at the expected stated maturity of March 25, 2031 is tied to the lesser performing of the STOXX® Europe 600 and EURO STOXX 50® indices, measured from the expected trade date of March 20, 2026 to the expected determination date of March 20, 2031. The notes provide a 300% participation rate in positive performance of the lesser performing index up to a $2,132 maximum cash settlement per $1,000 face amount, return of principal if both indices finish no worse than 70% of initial levels, and full downside exposure to the lesser performing index below 70%, potentially resulting in substantial loss.

The estimated value on the trade date is stated between $885 and $925 per $1,000 face amount; this estimated value is lower than the original issue price. Payments depend on issuer and guarantor creditworthiness and are subject to market disruption, successor-index adjustments, tax uncertainties and limited secondary-market liquidity.

GS Finance Corp. offers $13,185,500 aggregate face amount of Buffer Autocallable GEARS linked to the Russell 2000® Index due 2029, guaranteed by The Goldman Sachs Group, Inc. The securities feature an autocall at March 15, 2027 with a call return of 13.00%, an upside gearing of 1.655, a downside threshold of 90.00% (a buffer of 10.00%), trade date March 6, 2026, original issue date March 10, 2026, and stated maturity March 9, 2029. The estimated value on the trade date was approximately $9.73 per $10 face amount; original issue price is 100.00% of face with an underwriting discount of 1.50%.

The securities do not pay coupons, are unsecured obligations subject to issuer and guarantor credit risk, may be automatically called early (limiting upside), and expose holders to buffered downside market losses if the final index level is below the downside threshold.

GS Finance Corp. offers autocallable S&P 500® Index‑linked notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, may be automatically called on March 29, 2027 for $1,100 per $1,000 if the index closes at or above the initial level, and mature on March 16, 2028.

Key economics: original issue price is 100% of face, underwriting discount 1.5%, net proceeds 98.5%. Upside participation rate is at least 242.2%; a 10% buffer applies (buffer level = 90% of initial level). If final index level falls below the buffer level, investors can lose their entire investment.

GS Finance Corp. offers autocallable, buffered S&P 500® index-linked notes guaranteed by The Goldman Sachs Group, Inc. The notes (expected trade date March 13, 2026, original issue date March 18, 2026, stated maturity March 16, 2028) pay no interest and include an automatic call on the call observation date (March 29, 2027) if the S&P 500 closing level is at or above the initial level, producing at least $1,098 per $1,000 face. If not called, maturity payouts depend on index performance: a capped upside with a $1,196 threshold and a 15% buffer on downside (buffer rate ~117.65%); losses accrue beyond the buffer. The estimated value at pricing is between $900 and $930 per $1,000 face. Payments are subject to issuer and guarantor credit risk and complex tax treatment.

GS Finance Corp. offers non-interest structured notes linked to an equally weighted basket of eight common stocks, with an expected trade date of March 13, 2026, an original issue date expected March 18, 2026, and a stated maturity date expected March 16, 2028. The notes are automatically callable on the call observation date expected March 29, 2027 if the basket closing level is at or above the initial level of 100, producing a call payment of at least $1,202 per $1,000 face amount.

At maturity the cash settlement depends on the final basket level: if positive, investors receive 125% upside participation on the basket return; if the final level is between 85% and 100 of the initial level, investors receive par; if below 85%, losses apply with a buffer mechanism using a 15% buffer and a buffer rate of approximately 117.65%. The estimated value on the trade date is between $900 and $930 per $1,000 face amount. The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer and guarantor credit risk.

The Goldman Sachs Group, Inc. is offering Callable Fixed Rate Notes due March 10, 2034 with a fixed interest rate of 5.00% per annum, payable annually on March 10, beginning March 10, 2027. The issuer may redeem the notes in whole on specified quarterly redemption dates starting March 10, 2028, at 100% of principal plus accrued interest. The offering size on the cover shows $3,500,000 aggregate principal, with an initial price to public of 100.00% and an underwriting discount of 1.329%.

GS Finance Corp. offers autocallable S&P 500 Index‑linked notes due 2029 guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, carry a 120% upside participation rate and include an automatic call feature that, if triggered, pays $1,106.50 per $1,000 on the call payment date. The notes have a 70% trigger buffer: if the final index level is below 70% of the initial level at maturity, investors bear losses equal to the underlier return and could lose their entire investment. Trade date is March 10, 2026, original issue date March 13, 2026, call observation date April 12, 2027 and stated maturity March 15, 2029. The notes are cash‑settled, issued in book‑entry form, and subject to issuer and guarantor credit risk.

GS Finance Corp. is offering autocallable contingent coupon index-linked notes due March 16, 2028, fully guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount, a contingent monthly coupon of $8.084 (0.8084% monthly; potential ~9.7% per annum) and an automatic call if both underliers close at or above their initial levels on a call observation date.

Coupons pay only if each underlier is at or above a 70% coupon trigger level on observation dates; the cash settlement at maturity, if not called, is based on the performance of the lesser performing underlier and can result in a total loss of principal. Trade date is March 13, 2026 and original issue date is March 18, 2026.

GS Finance Corp. offers market-linked, auto-callable medium-term notes (Series F) guaranteed by The Goldman Sachs Group, Inc. linked to the lowest performing of Adobe Inc. and CoreWeave, Inc., maturing March 23, 2029. Each security has a $1,000 face amount, an automatic call feature with a 50.00% call premium, and an upside participation rate of at least 350.00% (to be set on the pricing date). The estimated value at pricing is between $890 and $920 per $1,000 face amount; original offering price is $1,000 with underwriting discount up to $25.75 and proceeds to issuer of $974.25 per security. Payments depend solely on the lowest performing underlying stock; investors face 1-to-1 downside below threshold levels and full credit exposure to GS Finance Corp. and Goldman Sachs.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., priced $11,859,000 of Contingent Income Auto-Callable Securities linked to the common stock of MongoDB, Inc. (initial share price $270.47). The securities mature on March 9, 2029 unless automatically called on a call observation date when the closing price is greater than or equal to the initial share price. The downside threshold is $135.235 (50.00% of the initial share price). If the final share price is below that threshold, payment at maturity equals the principal multiplied by the share performance factor (final/initial), exposing holders to loss of principal. Contingent quarterly coupons are payable only when the underlying closing price on a coupon observation date is at or above the downside threshold; coupons are calculated from a fixed per-period amount of $49.375 per $1,000 not previously paid. The original issue price is 100% with an underwriting discount of 2.25% and an estimated model value of approximately $965 per security.

GS Finance Corp. offers $1,000,000 aggregate callable index-linked notes due March 11, 2031, guaranteed by The Goldman Sachs Group, Inc.

The notes pay no interest, may be called monthly beginning in March 2027, and at maturity pay either (i) $1,000 plus the lesser performing index return (100% participation) if both underliers finish above their initial levels, or (ii) $1,000 if the final level of any underlier is equal to or below its initial level. The underliers are the Russell 2000® and the S&P 500®; initial levels are 2,585.573 and 6,830.71 (set on March 5, 2026), and the determination date is February 25, 2031.

The original issue price is $1,000 per note, the estimated value on the trade date was approximately $949 per $1,000 face amount, the underwriting discount is 2.35%, and net proceeds to the issuer are 97.65% of face amount.

GS Finance Corp. is offering autocallable contingent coupon equity-linked notes due 2027, guaranteed by The Goldman Sachs Group, Inc. The notes reference the common stock of Salesforce, Inc. and pay a contingent monthly coupon of $11.125 per $1,000 (1.1125% monthly; potential up to 13.35% per annum) when the underlier meets the coupon trigger level of 60% of the initial underlier level. The notes will be automatically called if the closing level of Salesforce is greater than or equal to the initial underlier level on any call observation date. If not called, the cash settlement at maturity for each $1,000 face amount will be $1,000 if the final underlier level is at or above the trigger buffer level of 60%; otherwise the payment equals $1,000 plus $1,000 times the underlier return, which could result in a total loss of principal. Trade date is March 26, 2026, original issue date March 31, 2026, and stated maturity date April 29, 2027. Investors are exposed to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., potential lack of market liquidity, model/valuation differences, and uncertain U.S. federal income tax treatment.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering callable, equity‑linked notes tied to UNH, NVDA, AVGO and GOOG. The notes mature on the stated maturity date (expected April 1, 2031) unless automatically called on observation dates beginning in March 2027.

For each $1,000 face amount, the maximum monthly coupon is $9.084 (0.9084% monthly; approx 10.9% annual) if each index stock is >= 80% of its initial price on a coupon observation date; the minimum monthly coupon is $0.209 (0.0209% monthly; approx 0.25% annual). Notes are expected to be set on the trade date (expected March 25, 2026) with an original issue date expected March 30, 2026. The estimated value at pricing is expected to be between $885 and $925 per $1,000 face amount.

GS Finance Corp. is offering Buffered Digital S&P 500® Index-Linked Notes, fully guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity depends on the S&P 500 performance from the trade date to the determination date.

If the final underlier level is greater than or equal to the buffer level (85% of the initial level), holders receive a capped maximum settlement amount (expected between $1,146.80 and $1,172.30 per $1,000 face). If the final underlier level is below the buffer level, holders lose approximately 1.1765% of principal for every 1% decline below the buffer and could lose the entire investment. The notes are subject to issuer and guarantor credit risk, uncertain U.S. tax treatment, limited liquidity, and are not insured.

GS Finance Corp. is offering autocallable, index-linked notes due March 31, 2033, guaranteed by The Goldman Sachs Group, Inc. The notes link to the Goldman Sachs Momentum Builder® Focus ER Index (Bloomberg: GSMBFC5 Index) and carry an upside participation rate of 100%.

The notes may be automatically called on annual observation dates beginning March 30, 2027 if the index closes at or above the initial index level; call payments equal $1,000 plus a call premium (for example, 6.50% on the first call). GS&Co.’s estimated trade-date value is $850 to $880 per $1,000 face amount. The final cash payment at maturity depends on the index return on the March 24, 2033 determination date; if the final index level is equal to or below the initial level, the cash settlement amount will equal the face amount.

GS Finance Corp. is offering autocallable contingent coupon equity-linked notes due April 29, 2027, guaranteed by The Goldman Sachs Group, Inc., linked to the common stock of Broadcom Inc. (Bloomberg: AVGO UW). The trade date is March 26, 2026 and the original issue date is March 31, 2026.

The notes pay a contingent monthly coupon of $11.709 per $1,000 (approx. 14.05% annualized) only when the closing level of Broadcom is at or above a coupon trigger level equal to 56% of the initial level. The notes will be automatically called on scheduled call observation dates if Broadcom closes at or above the initial level, returning $1,000 plus any coupon then due. If not called, principal at maturity depends on final performance: holders receive $1,000 if Broadcom is at or above 56% of the initial level, but could lose up to their entire investment if Broadcom falls substantially below that buffer.

GS Finance Corp. offers non‑interest bearing, automatically callable notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The trade date is March 5, 2026, original issue date is March 10, 2026, and the stated maturity is March 10, 2032. The aggregate face amount at issuance is $2,044,000 and each note has a $1,000 face amount denomination.

If the index on a call observation date equals or exceeds the initial underlier level of 462.80, the notes will be automatically called and pay $1,000 plus a call premium (table lists call premiums up to 169.05%). If not called, maturity payoff depends on the underlier return measured to the determination date March 5, 2032, with a capped maximum settlement amount of $2,764 per $1,000 face amount and a trigger buffer of 50%. The index applies leverage (up to 500%) and a daily 6.0% per annum decrement; the estimated value at pricing was approximately $955 per $1,000 face amount.

GS Finance Corp. offers autocallable contingent coupon equity-linked notes due April 29, 2027 guaranteed by The Goldman Sachs Group, Inc. The notes reference the capital stock of International Business Machines Corporation (IBM) and pay a contingent monthly coupon of $11.584 per $1,000 (1.1584% monthly; up to approximately 13.9% annually) when the underlier meets the 70% coupon trigger on observation dates. The notes are automatically called if the underlier closes at or above the initial underlier level on any call observation date, in which case holders receive $1,000 plus any coupon then due. If not called, the cash settlement at maturity ranges from 0% to 100% of face based on the final underlier level relative to the initial level, with a buffer/trigger level set at 70%. The trade date is March 26, 2026 and the original issue date is March 31, 2026. The notes are subject to issuer and guarantor credit risk, potential loss of principal, limited upside at maturity, and model/pricing differentials described herein.

GS Finance Corp. is offering autocallable contingent coupon equity-linked notes due April 29, 2027, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Class A common stock of CrowdStrike Holdings, Inc. (CRWD UW) and pay a contingent monthly coupon of $12.709 per $1,000 (1.2709% monthly, up to ~15.25% per annum) when the underlier meets the coupon trigger level (57% of the initial level) on an observation date.

The notes are automatically called if the underlier's closing level on a call observation date is greater than or equal to the initial underlier level. At maturity (if not called), repayment per $1,000 depends on the final underlier level: investors receive $1,000 if the final level is ≥ the trigger buffer (57%), but will suffer proportional losses if the final level is below that buffer; loss of the entire investment is possible. Trade date is March 26, 2026; original issue date March 31, 2026. CUSIP 40058YC34.

GS Finance Corp. is offering contingent coupon, buffered notes linked to the S&P 500® Index, the Russell 2000® Index and the VanEck Semiconductor ETF. The notes have an expected trade date of March 13, 2026, an expected original issue date of March 18, 2026, and an expected stated maturity date of March 19, 2029.

Holders may receive a monthly coupon of $11.50 per $1,000 face amount (1.15% monthly) on a coupon payment date only if the closing level of each underlier on the related coupon observation date is at least 75% of its initial level. Principal protection is limited: a buffer at 80% of initial levels limits loss treatment above that level; if the lesser performing underlier falls below 75%, principal can be reduced substantially based on the lesser performing underlier return. The estimated value at pricing is between $925 and $955 per $1,000 face amount. Payments remain subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. offers Stepdown Snowball Autocallable Notes linked to the worst‑performing of the S&P 500® and Russell 2000® indices. Each unit has a $10 principal amount and matures March, 2028 if not automatically called. The notes may be automatically called on Call Observation Dates with Call Payments of $11.125 (first call) or $12.25 (final call). If not called, repayment at maturity is 1‑for‑1 to the Worst‑Performing Market Measure and the investor may lose more than 30% of principal. Estimated value at pricing is $9.25–$9.55 per $10 unit. Payments are subject to GS Finance Corp. and Goldman Sachs Group, Inc. credit risk.

GS Finance Corp. is offering principal-at-risk notes linked to the S&P 500 Index with an aggregate face amount of $15,300,000. Each note has a $1,000 face amount, an 206% upside participation rate and a 15% buffer (buffer level 85%). If the call observation date test is met, notes will be automatically called and pay $1,090 per $1,000 on the call payment date. If not called, maturity payment depends on the final underlier level versus the initial underlier level (initial level 3/4/2026 at 6,869.50). Trade date is 3/5/2026, original issue price is 100% with a 1.5% underwriting discount (net proceeds 98.5%). The notes do not bear interest; investors may lose their entire investment if the final underlier level is below the buffer level.

GS Finance Corp. is offering $1,000-face autocallable notes guaranteed by The Goldman Sachs Group, Inc. The notes reference the Goldman Sachs Momentum Builder® Focus ER Index and have a 100% upside participation rate. They may be automatically called annually if the index closing level meets or exceeds 101.5% of the initial index level. Call payment dates and call premiums are: Mar 18, 2027 (11.50%), Mar 20, 2028 (23.00%), Mar 19, 2029 (34.50%) and Mar 18, 2030 (46.00%). If not called, maturity is March 18, 2031 with cash settlement based on index return (limited so that negative or zero index return yields the face amount). Trade date is March 11, 2026 and original issue date is March 16, 2026. GS&Co. estimates the notes' value on the trade date at $850 to $880 per $1,000 face amount, below the issue price.

GS Finance Corp. offers contingent monthly‑coupon, autocallable notes (guaranteed by The Goldman Sachs Group, Inc.) with an aggregate face amount of $4,375,000. The notes pay a contingent monthly coupon of $10 per $1,000 (a 1% monthly rate, up to 12.00% per annum) when each underlier is at or above its coupon trigger (70% of initial). The underliers are the Nasdaq‑100, Russell 2000 and S&P 500 indices.

The notes are automatically called on a call payment date if every underlier is at or above its initial level on the related call observation date; trade date is March 5, 2026, original issue date March 10, 2026, and stated maturity is March 8, 2029. If not called, the cash settlement at maturity for each $1,000 face amount is either $1,000 if the final lesser performing underlier level is at or above its trigger buffer (60%) or $1,000 + ($1,000 × lesser performing underlier return) if below that buffer. The pricing supplement warns you could lose your entire investment if the lesser performing underlier declines sufficiently.

GS Finance Corp. is offering $Buffered Digital S&P 500® Index‑linked notes due March 25, 2027, fully guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and link payout to the S&P 500 performance measured from an initial underlier level of 6,740.02 (set March 6, 2026) to the determination date of March 22, 2027.

Holders receive a capped cash settlement of $1,096 per $1,000 face amount if the final underlier level is at or above the buffer level (90% of the initial level). If the final level is below the buffer, investors suffer downside: roughly 1.1111% loss of face amount per 1% decline below the buffer, and could lose the entire investment. The offering price is 100% of face amount, underwriting discount is 1%, and net proceeds to the issuer are 99% of face amount.

GS Finance Corp. is offering autocallable S&P 500® index-linked notes that may be automatically redeemed on the call observation date for $1,111.5 per $1,000 face amount if the S&P 500 closing level on that date is at or above the initial level of 6,740.02. The call observation date is expected to be March 15, 2027 with a call payment of March 18, 2027.

If not called, maturity is expected on September 10, 2027 (determination date expected September 7, 2027) and payouts depend on index performance measured from March 6, 2026. Key terms: 125% upside participation, cap level 112% (maximum settlement $1,150), trigger buffer 70%. Estimated value at terms set: $925–$955 per $1,000 face amount. Payments are unsecured and subject to the credit risk of GS Finance Corp. and guarantor The Goldman Sachs Group, Inc..

GS Finance Corp. is offering structured, callable notes linked to the State Street SPDR S&P Bank ETF (KBE) and the VanEck Semiconductor ETF (SMH). The notes are expected to trade on March 17, 2026, with an original issue date expected on March 20, 2026 and a stated maturity expected on December 26, 2028, subject to automatic redemption.

Each $1,000 face amount may pay a monthly coupon of $8.959 (0.8959% monthly, ~10.75% annually) only if the closing level of each ETF on a coupon observation date is at least 75% of its initial level. The notes will be automatically called on a call payment date if, on any call observation date (beginning September 2026), each ETF is at least 95% of its initial level. At maturity, if not called, repayment is based on the lesser performing ETF: if that ETF is at or above 75% of its initial level you receive $1,000; below that level you incur a proportional loss determined by the lesser performing ETF return plus the 25% buffer.

The estimated value on the trade date is between $925 and $955 per $1,000 face amount; payment obligations remain subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. priced a one-year structured note program linked to the common stock of CDW Corporation with an aggregate original face amount of $8,000,000 and an original issue date of March 10, 2026.

The notes pay a fixed monthly coupon of 0.7625% (up to 9.15% per annum) and mature on March 10, 2027. Principal at maturity depends on CDW’s closing price from an initial index stock price of $125.3607 set on March 3, 2026 to the determination date of March 5, 2027. Investors receive:

• upside participation at 100% capped at a maximum settlement amount of $1,050 per $1,000 face amount (cap = 105% of initial price);
• a full return of face amount if the final price declines by no more than 20% (buffer);
• a downside exposure where losses exceed the buffer, magnified by a buffer rate of 125%, potentially resulting in loss of principal.

The pricing supplement states an estimated model value of approximately $980 per $1,000 face amount on the trade date and discloses issuer and guarantor credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc..

GS Finance Corp. issues principal‑protected‑style indexed notes totaling $1,500,000 maturing March 8, 2029. The cash payoff per $1,000 face amount depends on the performance of an equally weighted basket of five indices measured from the trade date March 5, 2026 to the determination date March 5, 2029.

If the final basket level exceeds the initial level (initial = 100), you receive $1,000 plus participation at a 100% upside rate of the basket return. If the final basket level falls up to 20%, you receive the face amount. If it falls more than 20%, the payment is reduced by the amount the basket is below the buffer, causing potentially large principal loss. The issuer and guarantor credit risk applies.

GS Finance Corp. offers structured, S&P 500®-linked medium-term notes due February 14, 2031, guaranteed by The Goldman Sachs Group, Inc. The offering totals $19,224,000 in aggregate face amount with individual face amounts of $1,000.

Payment at maturity depends on the S&P 500 closing level from the trade date to the determination date. Notes pay no interest, provide 125% upside participation capped at a $1,803.632 maximum settlement per $1,000, and protect principal only if the final underlier level is no more than 30% below the initial level (trigger buffer 70%). Original issue price is 100% with an underwriting discount of 0.85%.

GS Finance Corp. offers principal-protected contingent‑coupon notes linked to two ETFs with a stated maturity of December 12, 2028. The offering has an aggregate face amount of $2,854,000 on the original issue date. Coupons of $8.542 per $1,000 (0.8542% monthly / ~10.25% p.a.) are payable on a coupon payment date only if the closing level of each underlier is at or above 75% of its initial level on the associated observation date. Notes will be automatically called on a call payment date if, on any call observation date commencing September 2026, each ETF is at least 95% of its initial level; called notes pay the face amount plus the coupon. At maturity, if not called, the cash settlement depends on the lesser performing ETF relative to buffer and coupon trigger levels (buffer 80%, coupon trigger 75%); losses occur if the lesser performing ETF declines below the buffer. The estimated value at pricing is approximately $943 per $1,000 face amount; original issue price is 100% (underwriting discount 3.25%).

The Goldman Sachs Group, Inc. is offering fixed rate senior notes due March 24, 2031. The notes carry an interest rate of 4.40% per annum, payable each March 24 and September 24 commencing September 24, 2026. Trade date is March 20, 2026 and original issue date is March 24, 2026. Notes will be issued in $1,000 denominations, will not be listed, and will be issued in book-entry form through DTC. The pricing supplement states the original issue price will vary between % and 100% for certain investors and that interest accrues using the 30/360 (ISDA) day count convention.

GS Finance Corp. is offering autocallable contingent coupon index-linked notes due March 9, 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent quarterly coupon of 3.0375% per quarter (up to 12.15% per annum) if each underlier is at or above a coupon trigger of 70% of its initial level on an observation date. The notes reference the Nasdaq-100, Russell 2000 and S&P 500 indices; initial underlier levels are set as of March 6, 2026. Notes will be automatically called if, on any call observation date, every underlier is at or above its initial level; if not called, the maturity cash amount depends on the lesser performing underlier and may be as low as 0% of principal. The prospectus warns that investors could lose their entire investment if the final lesser performing underlier is below the trigger buffer of 60%.

GS Finance Corp. is offering leveraged, buffered notes linked to the iShares Expanded Tech-Software Sector ETF, guaranteed by The Goldman Sachs Group, Inc. The notes provide 150% upside participation up to a cap level (expected ~117.13%–120.09%), a 10% downside buffer and a buffer rate of approximately 111.11%. For each $1,000 face amount, the maximum settlement amount is expected to be between $1,256.95 and $1,301.35, and the estimated value on the trade date is expected to be between $955 and $985 per $1,000 face amount. The notes pay no interest, are cash‑settled at maturity based on the ETF closing level on the determination date (expected ~13–15 months after trade date), and expose holders to the credit risk of GS Finance Corp. and its guarantor.

The Goldman Sachs Group, Inc. is offering floating rate notes linked to compounded SOFR. The notes bear interest at compounded SOFR plus 0.36% per annum, subject to a 0.50% minimum, with monthly payments expected on the 17th of each month. The trade date is expected to be April 15, 2026, original issue date April 17, 2026, and stated maturity is expected to be May 17, 2027. The notes are unsecured obligations of the issuer, are not FDIC insured, are not listed, and have Goldman Sachs & Co. LLC as calculation agent, which will determine compounded SOFR and any benchmark replacement in its discretion.

GS Finance Corp. is offering autocallable notes linked to the S&P 500® Futures Excess Return Index, due March 17, 2033, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and include an automatic call: if the underlier closing level on the call observation date is greater than or equal to the initial level, each $1,000 face amount will be redeemed on the call payment date for $1,180. If not called, the maturity payment depends on the final underlier level: upside participation is 200%; a trigger buffer is set at 70% of the initial level. If the final underlier level is below the trigger buffer, investors can incur losses equal to the underlier return multiplied by $1,000, potentially losing their entire investment. Trade date is March 13, 2026 and original issue date is March 18, 2026. The notes reference futures contracts rather than the cash S&P 500® Index and are subject to credit risk of the issuer and guarantor.

GS Finance Corp. is offering principal-protected-style notes linked to the common stock of American Airlines Group Inc. (AAL), with an aggregate face amount of $2,775,000. The notes pay no interest and are fully guaranteed by The Goldman Sachs Group, Inc.

Each $1,000 face amount will pay at maturity either the maximum settlement amount of $1,234.30 if the final underlier level is at or above the trigger buffer level (which is 70% of the initial underlier level), or otherwise a cash amount equal to $1,000 plus ($1,000 × the underlier return). The initial underlier level is $12.46 (set March 4, 2026); the stated maturity date is March 23, 2027 (determination date March 18, 2027), each subject to adjustment. Purchasers may lose up to the entire investment if the final underlier level falls below the trigger buffer.

The Goldman Sachs Group, Inc. is offering callable fixed-rate notes that pay interest at 5.45% per annum, with an original issue date expected on March 24, 2026 and a stated maturity expected on March 7, 2041.

Interest is expected to be paid annually on March 24 (first payment expected March 24, 2027). The notes are callable by the issuer in whole, but not in part, on scheduled redemption dates expected on each March 24, June 24, September 24 and December 24 on or after March 24, 2029, at a redemption price equal to 100% of principal plus accrued interest to but excluding the redemption date.

The offered notes are S&P 500®-linked, principal-at-risk notes issued by GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc. For each $1,000 face amount, maturity payment on March 8, 2029 depends on the S&P 500 return from the trade date to the determination date.

If the final level > initial level, you receive $1,000 plus $1,000×300%×underlier return, capped at $1,311.10. If final ≥ 75% of initial, you receive the face amount. If final < 75% of initial, you lose proportionally and could lose your entire investment. The notes pay no interest; original issue price is 100% of face amount.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering index-linked notes maturing in 2027 that return a cash amount tied to the lesser performing of the S&P 500®, the Dow Jones Industrial Average® and the S&P 500® Equal Weight Index. If each index’s final level on the determination date is at least 75% of its initial level set on March 6, 2026, the notes pay a capped $1,085 per $1,000 face amount. If any index is below that 75% buffer level, holders face a leveraged loss formula (buffer rate ~133.33%) and could lose their entire investment. The estimated value at pricing is between $925 and $955 per $1,000 face amount, which is below the original issue price. The notes do not bear interest and are unsecured obligations subject to issuer and guarantor credit risk.

GS Finance Corp. offers $585,000 aggregate face amount of iShares® Silver Trust‑linked notes due March 9, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and repay at maturity a cash amount per $1,000 face that depends on the iShares Silver Trust (SLV) return measured from the trade date to the determination date. If SLV rises more than 25% from the initial level of $74.27, holders receive a capped $1,190 per $1,000 (a 19% return). If SLV increases up to 25%, holders receive the ETF return up to 25%. If SLV is flat or down, holders receive $1,000 (no return). The estimated initial value is approximately $969 per $1,000 face; original issue price is 100% with a 1.5% underwriting discount.

GS Finance Corp. prices equity-index-linked, auto-callable medium-term notes due April 6, 2029, guaranteed by The Goldman Sachs Group, Inc. Each security has a $1,000 face amount and may be automatically called on a series of scheduled call dates beginning April 6, 2027; call premiums increase on later call dates to at least 49.80% on the final calculation day. If not called, the maturity payment depends solely on the performance of the lowest performing underlier (the S&P 500®, the Russell 2000® or the EURO STOXX 50®) on the final calculation day: holders receive $1,000 if that underlier declines by no more than 25.00%, but suffer 1-to-1 downside beyond that and can lose up to 100.00% of the face amount. The original offering price is $1,000 per security with an estimated value at pricing of $900–$930 per $1,000 face amount; underwriting discounts reduce proceeds to the issuer to $974.25 per security.

The Goldman Sachs Group, Inc. is offering callable fixed-rate notes that pay 5.15% per annum, with an original issue date expected to be March 24, 2026 and a stated maturity date expected to be March 7, 2036.

Interest is payable annually on each expected March 24, beginning March 24, 2027. The notes are callable in whole (not in part) on scheduled redemption dates expected each March 24, June 24, September 24 and December 24 on or after September 24, 2027, at a redemption 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; Goldman Sachs & Co. LLC and InspereX LLC are listed as underwriters and potential market makers.

GS Finance Corp. offers Trigger Jump Securities tied to Tesla, Inc. stock with automatic call features. The securities are unsecured notes guaranteed by The Goldman Sachs Group, Inc., expected to price on or about March 27, 2026 and issue on April 1, 2026, with a stated maturity of April 1, 2031.

The notes pay fixed call premiums if quarterly call observation dates meet or exceed the initial share price; a maturity premium (at least 85.00%) applies if the final share price is at or above a downside threshold equal to 60.00% of the initial share price. If not called and the final share price is below that threshold, holders suffer 1-for-1 downside exposure and may lose a significant portion or all principal. The estimated value range at pricing is $890 to $950 per $1,000 principal amount.

GS Finance Corp. offers contingent coupon notes (aggregate face amount $162,000) due March 12, 2029 with monthly contingent coupons and early redemption rights. The notes reference the NDXT, RTY and SPX indices; coupons pay only if each underlier meets a 70% trigger on observation dates and principal at maturity is tied to the performance of the lesser performing underlier relative to a 60% trigger buffer.

The notes pay a potential monthly coupon of 0.7125% (up to 8.55% per annum) when triggers are met, but holders may lose up to the full investment if the lesser performing underlier falls below its trigger buffer. The issuer may redeem on coupon dates beginning September 2026 through February 2029.

The Goldman Sachs Group, Inc. is offering Callable Fixed Rate Notes due 2046 carrying a stated interest rate of 5.70% per annum, with an expected original issue date of March 24, 2026 and an expected maturity date of March 7, 2046.

The notes will pay interest annually on expected March 24ths (first payment expected March 24, 2027), will be issued in book-entry form through DTC, and are callable at the issuer’s option in whole (not in part) on expected quarterly redemption dates on or after March 24, 2029, at a redemption price equal to 100% of principal plus accrued interest, with at least five business days’ prior notice. Settlement is expected in New York on March 24, 2026.

GS Finance Corp. is offering S&P 500® Index‑linked notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes are principal‑protected at maturity but do not bear interest. For each $1,000 face amount, if the final underlier level exceeds the initial level the cash payment will equal $1,000 plus the underlier return subject to a 113.700% maximum settlement amount; if the final underlier level is equal to or less than the initial level, holders receive the face amount. Key dates: trade date March 9, 2026, original issue date March 12, 2026, determination date March 9, 2028, and stated maturity date March 14, 2028. The notes are treated as contingent payment debt instruments for U.S. federal income tax purposes and are subject to the credit risk of the issuer and guarantor.