Goldman Sachs Group Inc. 424B Filings

The Goldman Sachs Group, Inc. is offering fixed rate senior notes due March 17, 2033. The notes pay interest at an expected rate of 4.50% per annum, accrue using the 30/360 (ISDA) convention, and pay interest semiannually each March 17 and September 17 beginning September 17, 2026. The trade date is March 13, 2026 and the original issue date is March 17, 2026. Denominations are $1,000 and integral multiples thereof. The notes will be issued in book-entry form under a master global note, will not be listed on an exchange, and name Goldman Sachs & Co. LLC as calculation agent. The original issue price may vary for certain fee-based advisory accounts, and distribution and resale are subject to stated regional restrictions and FINRA Rule 5121 conflict‑of‑interest procedures.

GS Finance Corp. offers $7,500,000 aggregate face amount of market-linked notes due February 27, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes return the face amount at maturity if the final basket level is equal to or below the initial level; positive returns equal the basket return times a 108.50% participation rate. The underlying basket is unequally weighted: EURO STOXX 50 (40.00%), Nikkei 225 (25.00%), FTSE 100 (17.50%), Swiss Market Index (10.00%) and S&P/ASX 200 (7.50%). Trade date is February 26, 2026; original issue price is $1,000 per note (100.00%), estimated value ~$960 per $1,000, underwriting discount 3.50%.

The Goldman Sachs Group, Inc. is offering fixed rate notes due March 17, 2031 with an interest rate of 4.25% per annum. The pricing supplement cites a trade date of March 13, 2026 and an original issue date of March 17, 2026. Notes will be issued in denominations of $1,000, pay interest semiannually on March 17 and September 17, and will not be listed on an exchange. The notes will be issued in book-entry form through DTC, calculated on a 30/360 (ISDA) day count, and will be sold initially by Goldman Sachs & Co. LLC under a distribution arrangement described in the supplement.

The Goldman Sachs Group, Inc. is issuing fixed rate medium-term notes totaling $3,000,000 under its Series N program. The notes carry a 5.00% annual interest rate, pay interest annually on February 27 beginning February 27, 2027, and mature on March 1, 2038.

The original issue price is 100% of principal with underwriting discount of 0.65%, producing net proceeds to the issuer of 99.35% of principal. The notes will be issued in book-entry form through DTC and will not be listed on any exchange.

The Goldman Sachs Group, Inc. is offering $41,000,000 of Callable Fixed Rate Notes due 2036. The notes pay $5.10% per annum from and including the original issue date February 27, 2026 to but excluding the stated maturity date February 12, 2036. Interest is payable annually each February 27, commencing February 27, 2027. The issuer may redeem the notes in whole, but not in part, on each redemption date on or after August 27, 2027, at a price equal to 100% of principal plus accrued interest. The offering was initially allocated between Goldman Sachs & Co. LLC and InspereX LLC and is a new issue with no listing.

The Goldman Sachs Group, Inc. is offering $10,000,000 of callable fixed rate notes due February 12, 2041 with an interest rate of 5.40% per annum, original issue date February 27, 2026 and annual interest payments each February 27 starting February 27, 2027.

The notes may be redeemed in whole, not in part, on each scheduled redemption date on or after August 27, 2028 (quarterly on Feb 27/May 27/Aug 27/Nov 27) at a price equal to 100% of principal plus accrued interest. Initial price to public is 100% of principal; underwriting discount is 2.175%.

The Goldman Sachs Group, Inc. is offering $11,000,000 of Callable Fixed Rate Notes due February 27, 2030. The notes pay interest at 4.375% per annum from the original issue date February 27, 2026, with semiannual payments on February 27 and August 27.

The issuer may redeem the notes in whole, on each redemption date on or after February 27, 2028, at 100% of principal plus accrued interest with at least five business days’ notice. The initial public price is 100% of principal, underwriting discount 0.354%, and proceeds before expenses to the issuer of $10,961,060.

The Goldman Sachs Group, Inc. is offering $10,000,000 of Callable Fixed Rate Notes due February 27, 2031. The notes pay interest at 4.70% per annum from the original issue date February 27, 2026, with semiannual payments on February 27 and August 27, beginning August 27, 2026.

The issuer may redeem the notes in whole, but not in part, on each redemption date (each Feb. 27, May 27, Aug. 27 and Nov. 27 on or after Feb. 27, 2027) at 100% of principal plus accrued interest, subject to at least five business days’ prior notice. The initial price to public is 100% of principal and underwriting discount is 0.38%.

The Goldman Sachs Group, Inc. is offering $63,000,000 of callable fixed rate notes due February 27, 2034. The notes pay interest at 5.00% per annum from and including the original issue date February 27, 2026, payable semiannually each February 27 and August 27, with the first payment on August 27, 2026.

The notes are callable in whole (but not in part) on each redemption date — February 27, May 27, August 27, and November 27 on or after February 27, 2028 — at a redemption price equal to 100% of principal plus accrued interest, with at least five business days’ prior notice. The offering settles through DTC on February 27, 2026.

The Goldman Sachs Group, Inc. is offering fixed rate senior notes with a principal amount of $25,117,000, bearing interest at 4.00% per annum from the original issue date to the stated maturity date. The notes mature on February 27, 2029 and pay interest semiannually on the 27th of February and August, commencing on August 27, 2026.

The notes will be issued at an original issue price of 100% with an underwriting discount of 0.382%, resulting in net proceeds to the issuer of 99.618% of principal. They will be issued under the senior debt indenture and in book-entry form through DTC, will not be listed on any exchange, and use the 30/360 (ISDA) day count convention for interest calculations.

The Goldman Sachs Group, Inc. is offering $77,000,000 of Callable Fixed Rate Notes due February 12, 2031 paying 4.50% interest per annum from the original issue date February 27, 2026. Interest is payable annually on each February 27 and at maturity, beginning on February 27, 2027. The notes are callable at the issuer's option in whole (but not in part) on scheduled redemption dates beginning February 27, 2027, at a price equal to 100% of principal plus accrued interest, with at least five business days’ notice. The initial public offering price is 100% of principal and underwriting discounts total 1.061%, leaving net proceeds to the issuer of $76,183,030. The notes will be issued in book-entry form through DTC and will settle on February 27, 2026.

The Goldman Sachs Group, Inc. is offering $19,000,000 of callable fixed rate notes due February 11, 2033. The notes pay interest at 4.80% per annum from and including the original issue date February 27, 2026 to but excluding maturity, with annual interest payment dates on February 27 and the stated maturity date, the first payment on February 27, 2027.

The issuer may redeem the notes in whole but not in part on each scheduled redemption date (each February 27, May 27, August 27 and November 27 on or after May 27, 2027) at a price equal to 100% of principal plus accrued interest, upon at least five business days’ prior notice. The offering will settle through DTC on February 27, 2026, with underwriters Goldman Sachs & Co. LLC and InspereX LLC each allocated $9,500,000; underwriting discount is 1.238% (proceeds to issuer $18,764,780 before expenses).

The Goldman Sachs Group, Inc. is offering fixed‑rate senior notes totaling $5,105,000. The notes pay interest at 4.55% per annum from the original issue date to but excluding the stated maturity and mature on February 28, 2033. Interest is payable semiannually on the 27th of February and August, commencing August 27, 2026. The original issue price is stated as 100% of principal, with an underwriting discount of 0.52% and net proceeds to the issuer of 99.48% of principal. The notes will not be listed on any exchange and will be issued in book‑entry form under the Medium‑Term Notes, Series N senior debt indenture.

The Goldman Sachs Group, Inc. is offering $19,000,000 principal amount of Callable Fixed Rate Notes due February 12, 2046, bearing interest at 5.625% per annum from and including February 27, 2026. Interest is payable annually on each February 27 with the first payment on February 27, 2027. The issuer may redeem the notes in whole, but not in part, on scheduled quarterly redemption dates on or after February 27, 2029, at a price equal to 100% of principal plus accrued interest, subject to at least five business days’ prior notice. The initial public price is 100% with underwriting discount of 1.877%, yielding proceeds to the issuer of $18,643,370 before expenses. The notes will be issued in book-entry form through DTC and are a new issue with no established trading market.

The Goldman Sachs Group, Inc. is offering $11,000,000 principal of Callable Fixed Rate Notes due February 16, 2046 that pay interest at 5.50% per annum from and including the original issue date February 27, 2026. Interest is payable annually on February 27, with the first payment on February 27, 2027.

The notes are redeemable at Goldman Sachs' option in whole (not in part) on each scheduled redemption date on or after February 27, 2029, upon at least five business days' notice, at a redemption price of 100% of principal plus accrued interest. The initial public price is 100% and underwriting discount is 2.418%, leaving proceeds before expenses to Goldman Sachs of $10,734,020. Settlement is expected in New York on February 27, 2026.

The Goldman Sachs Group, Inc. is offering $10,000,000 of callable fixed rate notes due February 27, 2029. The notes pay interest at 4.25% per annum from and including the original issue date February 27, 2026, with semiannual payments on February 27 and August 27, beginning August 27, 2026.

The notes are callable in whole on specified quarterly redemption dates on or after February 27, 2027, at a redemption price equal to 100% of principal plus accrued interest, with at least five business days’ notice. The offering will settle and be delivered against payment through DTC on February 27, 2026.

The Goldman Sachs Group, Inc. intends to issue $20,000,000 principal of Callable Fixed Rate Notes due February 27, 2036 with a fixed interest rate of 5.20% per annum from and including the original issue date February 27, 2026.

Interest is payable semiannually on February 27 and August 27, beginning August 27, 2026. The notes are callable in whole (but not in part) on each redemption date on or after February 27, 2028, at a redemption price equal to 100% of principal plus accrued interest, with at least five business days' prior notice. Initial price to public is 100%, underwriting discount 0.7%, and proceeds to the issuer before expenses are $19,860,000. The notes will be issued in book-entry form through DTC and settle on February 27, 2026.

The Goldman Sachs Group, Inc. is offering $9,499,000 of Callable Fixed Rate Notes due August 27, 2029. The notes pay interest at a fixed 4.30% per annum from and including the original issue date February 27, 2026, with semiannual payments each February 27 and August 27, beginning August 27, 2026.

The issuer may redeem the notes in whole, but not in part, on each quarterly redemption date on or after August 27, 2026, with at least five business days’ notice, at a redemption price equal to 100% of principal plus accrued interest. The initial public price is 100% with underwriting discount 0.35% and proceeds before expenses of $9,465,753.50. Delivery against payment is planned in New York on February 27, 2026.

The Goldman Sachs Group, Inc. is offering fixed rate senior notes with a principal amount of $5,615,000. The notes carry an interest rate of 4.30% per annum from the original issue date February 27, 2026 to the stated maturity date February 27, 2031, with semiannual interest payments on the 27th of February and August beginning August 27, 2026.

The notes are issued at an original issue price of 100% with an underwriting discount of 0.5273% and net proceeds to the issuer of 99.4727%. They will be issued in book-entry form through DTC, will not be listed on an exchange, and may be resold in market-making transactions by Goldman Sachs affiliates. The 30/360 (ISDA) day count convention applies, and FATCA withholding rules are noted.

GS Finance Corp. offers structured, crypto-linked notes guaranteed by The Goldman Sachs Group, Inc. The notes pay a monthly coupon of $20.625 per $1,000 face amount (a 2.0625% monthly coupon, up to 24.75% per annum) on a coupon payment date only if the closing level of both underliers is at least 50% of their initial levels on the related observation date. The notes may be automatically called on call observation dates beginning February 2027 through January 2029 if each ETF’s closing level is at or above its initial level set on the trade date (expected February 27, 2026); if called, holders receive principal plus the applicable coupon on the call payment date. If not called, at the expected maturity (stated maturity date: March 2, 2029), the cash payment depends on the lesser performing ETF: if the lesser performing ETF return is >= -50%, holders receive $1,000 (plus any final coupon); if the lesser performing ETF return is < -50%, holders receive $1,000 times (1 + lesser ETF return), which can be less than 50% of face and yield no coupon. The estimated value at pricing is between $925 and $955 per $1,000 face amount. Investors remain exposed to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., and to significant cryptocurrency volatility and regulatory, custody and valuation risks associated with the iShares® Bitcoin Trust ETF and iShares® Ethereum Trust ETF.

GS Finance Corp. is offering autocallable, index-linked notes due March 31, 2033, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Goldman Sachs Momentum Builder® Focus ER Index with a 100% upside participation rate and an estimated trade-date value of $850 to $880 per $1,000 face amount. The notes may be automatically called on annual observation dates (first observation March 30, 2027) if the index meets increasing call levels; early call payments are capped by specified call premium amounts. If not called, at maturity the cash settlement equals $1,000 plus upside only if the final index level exceeds the initial index level; otherwise holders receive the face amount. Key dates: trade date March 26, 2026, original issue date March 31, 2026, determination date March 24, 2033.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering non‑interest bearing autocallable notes linked to three underliers: the Russell 2000®, the EURO STOXX 50® and the State Street® Utilities Select Sector SPDR® ETF (XLU). The notes are expected to trade on March 20, 2026, have an original issue date of March 25, 2026, and a stated maturity expected to be March 27, 2031.

If on any call observation date all three underliers are at or above their initial levels, the notes will be automatically called and pay the face amount plus a call premium (call premium schedule ranges from 16.75% to 79.5625% depending on call date). If not called, maturity payoff depends on the lesser performing underlier: full face amount if that underlier is >= 70% of initial level, capped upside of 183.75% of face at maturity, or a proportional loss if the lesser performing underlier falls below 70% (down to 0% in extreme cases). The pricing supplement discloses an estimated model value of $885–$935 per $1,000 face amount at trade date and highlights issuer and guarantor credit risk and tax uncertainties.

GS Finance Corp. is offering principal-protected-style buffered, autocallable notes linked to an equally weighted basket of four bank stocks. The notes have an upside participation rate of 125%, a buffer of 15% (buffer level 85%), an expected trade date of March 26, 2026, an expected original issue date of March 31, 2026, an expected call observation date of April 8, 2027 (call payment date April 13, 2027) and a stated maturity expected on March 30, 2028.

The notes pay no interest and may be automatically called if the closing basket level on the call observation date is at or above the initial basket level (100), producing a call payment of at least $1,180 per $1,000 face amount. If not called, maturity payoffs follow a capped upside, a full return if losses do not exceed the 15% buffer, and downside exposure below the buffer. The estimated value on the trade date is expected to be between $900 and $930 per $1,000 face amount.

GS Finance Corp. is offering Autocallable Goldman Sachs Momentum Builder® Focus ER Index‑Linked Notes due March 11, 2033, guaranteed by The Goldman Sachs Group, Inc. The notes reference the GSMBFC5 Index, have a 100% upside participation rate and an automatic call trigger at 101.25% of the initial index level.

The notes pay an annual call premium if the index meets the call level on observation dates; trade date is March 4, 2026 and original issue date is March 9, 2026. GS&Co. estimates a trade‑date value of $850 to $890 per $1,000 face amount. The index methodology applies a 0.65% per annum deduction (accruing daily) and a 5% realized volatility control, which can shift exposure to hypothetical cash positions that earn zero excess return before the deduction.

GS Finance Corp. is offering autocallable Nasdaq-100 Index®-linked notes due March 11, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes have an automatic call on the call observation date March 8, 2027 if the closing level of the Nasdaq-100 is greater than or equal to the initial level, in which case holders receive $1,106 per $1,000 face amount on the call payment date.

If not called, maturity payoffs depend on the final underlier level on the determination date March 6, 2031: upside participation is 175% for positive returns; principal is preserved if the final level is at or above the 75% trigger buffer; if below the trigger, investors suffer a loss equal to the underlier return times the face amount and could lose their entire investment. The notes pay no interest and are subject to issuer/guarantor credit risk and tax uncertainty.

GS Finance Corp. is offering $1,000‑denominated autocallable, index‑linked notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Russell 2000® and the EURO STOXX 50®. They pay no interest and may be automatically called monthly if each underlier’s closing level meets or exceeds its initial level on a call observation date, producing a cash payment equal to principal plus a specified call premium. If not called, the cash settlement at maturity depends solely on the lesser performing underlier: if that underlier is at or above its initial level you receive principal plus a 57.504% maturity premium; if it is at least 75% of its initial level you receive principal only; if it is below 75% you receive principal reduced by the lesser performing underlier return, potentially losing your entire investment. The notes are subject to issuer and guarantor credit risk, limited secondary market liquidity, and tax and foreign‑market risks.

GS Finance Corp. is offering autocallable contingent coupon index-linked notes due March 6, 2031, guaranteed by The Goldman Sachs Group, Inc.. The notes reference the Nasdaq-100, Russell 2000 and S&P 500 and may be automatically called on scheduled call dates if all underliers are at or above their initial levels.

Coupons are contingent monthly payments of $9.209 per $1,000 (about 0.9209% monthly, up to approximately 11.05% per annum) only if each underlier is at or above 70% of its initial level on the coupon observation date. At maturity (if not called), principal repayment depends solely on the lesser performing underlier relative to a 60% trigger buffer; losses up to the full investment are possible. Trade date is March 2, 2026 and original issue date is March 5, 2026. The notes carry the credit risk of GS Finance Corp. and its guarantor.

GS Finance Corp. offers autocallable buffered notes linked to the Vanguard FTSE All-World ex-US ETF (VEU). The notes feature an upside participation rate of 120%, a buffer amount of 20% (buffer level 80%) and a buffer rate of 125%. The notes may be automatically called on the call observation date (expected March 19, 2027) for at least $1,130 per $1,000 face amount. If not called, maturity is expected March 21, 2030, with payoff tied to the ETF level on the determination date (expected March 18, 2030). The pricing supplement discloses an estimated value at pricing of $900–$930 per $1,000 face amount and highlights the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. is offering autocallable index-linked notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Nasdaq-100 Index and the S&P 500 Index and feature a 200% upside participation rate.

The notes will be automatically called if each underlier’s closing level on the call observation date of March 31, 2027 is greater than or equal to its initial level, in which case each $1,000 face amount will pay at least $1,134 on the call payment date of April 7, 2027. If not called, the cash settlement at the stated maturity date of April 7, 2028 depends solely on the final level of the lesser performing underlier as measured on the determination date of March 31, 2028, with a 80% trigger buffer per underlier. Investors may lose their entire investment if the final lesser performing underlier level is below the trigger buffer.

GS Finance Corp. offers basket-linked notes due April 6, 2029 with payment tied to a weighted basket of TOPIX, the S&P 500® and the EURO STOXX 50®. The trade date is expected to be March 31, 2026 and the determination date is expected to be April 3, 2029. The notes pay no interest; final payment per $1,000 face depends on a weighted return calculation (weights: 45%, 40%, 15%). The upside participation rate will be at least 100%. If the weighted return is between 0% and -15% you receive $1,000; if below -15% you suffer losses proportional to the weighted return and could lose your entire investment. The issuer and guarantor credit risk and an estimated value of $925–$965 per $1,000 face are disclosed.

GS Finance Corp. is offering Buffered S&P 500 Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc., with terms set on the trade date.

The notes reference the S&P 500® Index, have a 15% buffer (buffer level 85%), a buffer rate of approximately 117.65%, no periodic interest, a maximum cash settlement capped at $1,215 per $1,000 face amount, a trade date of March 26, 2026, an original issue date of March 31, 2026, a determination date of March 27, 2028, and a stated maturity date of March 30, 2028. The notes permit the possibility of a total loss if the final underlier level falls below the buffer level and are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. is offering zero‑coupon, principal‑protected notes guaranteed by The Goldman Sachs Group, Inc. The notes reference an equally weighted basket of seven common stocks (trade date February 24, 2026) and mature on March 1, 2029. For each $1,000 face amount, holders receive $1,000 if the final basket level is equal to or below the initial level (100). If the final basket level is above the initial level, holders participate 100% up to a 128% cap, producing a maximum settlement amount of $1,280 per $1,000 face amount. The basket lists seven stocks (AMD, B, INTC, LRCX, MU, NOC, WDC) with initial basket stock prices disclosed. The estimated value on the trade date was approximately $966 per $1,000 face amount; original issue price is 100% with an underwriting discount of 2.5% and aggregate face amount of $930,000. GS&Co. is the calculation agent; payments remain subject to issuer and guarantor credit risk.

The Goldman Sachs Group, Inc. is offering Canadian dollar denominated fixed-to-floating senior notes due in 2032 and 2037. Each series pays a fixed rate during an initial fixed-rate period and then a floating rate tied to Compounded CORRA plus a spread during a final floating-rate period. The notes are issued in book-entry form, in minimum denominations of CAD100,000, and are being sold in Canada on a private placement basis to accredited investors and, in some cases, permitted clients. The prospectus supplement highlights CORRA fallback provisions, an appointed calculation agent (Goldman Sachs & Co. LLC) with discretionary authority to determine replacement rates and adjustments if CORRA is discontinued, and optional make-whole and par redemption mechanics for each series. Interest will accrue from March , 2026, and the underwriters expect settlement through CDS on March , 2026. The supplement warns that CORRA replacement, calculation-agent discretion and limited market liquidity could affect interest and secondary-market value.

The Goldman Sachs Group, Inc. is offering $18,000,000 principal amount of Callable Fixed Rate Notes due February 26, 2038 bearing interest at 5.25% per annum, with annual interest payments each February 26 beginning February 26, 2027. The notes are callable at the issuer's option on specified calendar dates beginning February 26, 2028 at a redemption price equal to 100% of principal plus accrued interest, with at least five business days' prior notice.

The offering price is 100% of principal, underwriting discount is 1.75%, and net proceeds before expenses to the issuer are $17,685,000. The notes will be issued in book-entry form through DTC and settle on February 26, 2026.

GS Finance Corp. offers Autocallable S&P 500® Index-Linked Notes due 2029, fully guaranteed by The Goldman Sachs Group, Inc. The notes are sold at 100% of face amount with a 2% underwriting discount and 98% net proceeds. Trade date is March 26, 2026; original issue date is March 31, 2026; stated maturity is March 29, 2029.

Key payout rules: the notes bear no interest and will be automatically called if the closing level of the S&P 500 (the underlier) on the call observation date is greater than or equal to the initial level. If called, the issuer will pay at least $1,085.50 per $1,000 face amount on the call payment date. If not called, final cash at maturity depends on the underlier return with an upside participation rate of 200%, a buffer level at 90% of the initial level and a buffer rate of approximately 111.11%. Investors could lose their entire investment if the final underlier level is below the buffer level.

GS Finance Corp. offers underlier-linked notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay a cash settlement at maturity per $1,000 face amount tied to the lesser performing underlier of the EURO STOXX 50® Index and the iShares® MSCI EAFE ETF.

Key terms set on the trade date include an 221.25% upside participation rate, a trigger buffer level of 65% of each initial underlier level, a trade date of February 27, 2026, an original issue date of March 4, 2026, a determination date of February 27, 2031, and a stated maturity date of March 4, 2031. The notes do not bear interest and you may lose up to 100% of your investment if the final lesser performing underlier level is below the trigger buffer.

GS Finance Corp. offers $autocallable S&P 500® index-linked notes due April 9, 2029, guaranteed by The Goldman Sachs Group, Inc. The notes have a 100% upside participation rate, no interest, an automatic-call feature with a $1,050 minimum call payment per $1,000 face amount on the call payment date, and payments tied to the S&P 500 closing levels, subject to adjustment.

The Goldman Sachs Group, Inc. is offering callable fixed rate notes that bear interest at 4.30% per annum from and including the original issue date (expected March 18, 2026) to but excluding the stated maturity date (expected March 18, 2030).

Interest is payable semiannually on expected payment dates March 18 and September 18, beginning on the first expected payment date September 18, 2026. The issuer may redeem the notes in whole (not in part) on quarterly redemption dates on or after March 18, 2028, at a price equal to 100% of principal plus accrued interest. Delivery to investors is expected in New York on March 18, 2026.

The Goldman Sachs Group, Inc. is offering callable fixed rate medium-term notes bearing interest at 5.55% per annum from and including the original issue date (expected March 17, 2026) to but excluding the stated maturity date (expected February 26, 2046).

Interest is payable annually on each March 17 (and at maturity), with the first payment expected on March 17, 2027. The notes are callable in whole, not in part, on scheduled redemption dates expected each March 17, June 17, September 17 and December 17 on or after March 17, 2029, at a redemption price equal to 100% of principal plus accrued interest.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering leveraged EURO STOXX 50® index-linked notes due March 13, 2031 with a trade date of March 9, 2026 and original issue date of March 12, 2026.

The notes pay no interest and the cash settlement per $1,000 face amount at maturity depends on the underlier return: if the final level exceeds the initial level, payment equals $1,000 plus $1,000 times an upside participation rate of 182.5% times the underlier return; if the final level is equal to or below the initial level, payment equals $1,000 plus $1,000 times the underlier return, which can result in loss of principal up to the full investment.

GS Finance Corp. is offering index-linked notes due April 5, 2028 (expected) guaranteed by The Goldman Sachs Group, Inc. The payoff is linked to the lesser performing of the S&P 500® and Russell 2000® measured from the trade date (expected March 31, 2026) to the determination date (expected March 31, 2028). The notes do not pay interest and feature an upside participation rate of at least 105% on positive or zero returns. A trigger buffer at 75% (i.e., -25%) flips treatment: if the final level of any underlier is below the trigger buffer, the holder suffers the full negative return of the lesser performing underlier; if final levels are between the trigger buffer and initial level, the holder receives the absolute value of the lesser performing return. The issuer estimates an initial model value between $925 and $965 per $1,000 face amount, below issue price. Payments are unsecured and subject to the credit risk of GS Finance Corp. and its guarantor.

GS Finance Corp. is offering autocallable index-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Nasdaq-100 Index and the Russell 2000 Index, trade date February 27, 2026, original issue date March 4, 2026, and stated maturity March 2, 2029.

Key economics: no periodic interest; automatic call if both underliers are at or above initial levels on an observation date with call premiums of 7.65% (call payment March 4, 2027) and 15.3% (call payment March 2, 2028); maturity premium amount is 22.95%. If not called, the cash settlement at maturity is based solely on the lesser performing underlier and upside is capped; downside can limit return to the face amount.

GS Finance Corp. is offering autocallable S&P 500® index-linked notes guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount, an 110% upside participation rate and pays no periodic interest. The notes may be automatically called on the call observation date; if called, each $1,000 note would pay at least $1,090 on the call payment date. If not called, at the stated maturity the cash settlement equals $1,000 plus $1,000 × the 110% upside participation × the underlier return when the final underlier level exceeds the initial level, and equals $1,000 if the final level is equal to or below the initial level. Key dates include trade date March 30, 2026, original issue date April 2, 2026, call observation date March 30, 2028, call payment date April 6, 2028, and stated maturity date April 9, 2029. Investors are exposed to issuer and guarantor credit risk, liquidity risk, capped upside on a call, and special U.S. federal tax treatment as a contingent payment debt instrument.

The Goldman Sachs Group, Inc. is offering callable fixed rate notes that pay interest at 4.40% per annum from and including the expected original issue date of March 17, 2026 to the expected stated maturity date of February 26, 2031.

The notes pay interest annually on expected March 17 (first payment expected March 17, 2027), are issued in book-entry form through DTC, and are redeemable at the issuer's option in whole (but not in part) on expected quarterly redemption dates on or after March 17, 2027, at 100% of principal plus accrued interest with at least five business days' notice. The offering lists Goldman Sachs & Co. LLC and InspereX LLC as underwriters and states the notes are a new issue with no established trading market.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering autocallable contingent coupon index-linked notes due March 11, 2031. The notes reference the Nasdaq-100, Russell 2000 and S&P 500 indices and pay a contingent monthly coupon of 0.625% (7.50% annualized) when each underlier is at or above a 70% coupon trigger on observation dates.

The notes will be automatically called on specified quarterly call payment dates if each underlier is at or above its initial level on the related call observation date. If not called, the cash settlement at maturity is based solely on the lesser performing underlier versus its initial level (with a trigger buffer at 70%), meaning investors can lose up to 100% of their investment. Trade date is March 4, 2026; original issue date March 9, 2026; determination date March 4, 2031. CUSIP: 40058XU85.

GS Finance Corp. is offering S&P 500® index-linked notes due September 18, 2030, guaranteed by The Goldman Sachs Group, Inc. The notes have a $1,000 face amount per note, do not pay interest, and pay at maturity either the face amount if the underlier return is zero or negative, or $1,000 + ($1,000 × underlier return) if the final underlier level exceeds the initial level, subject to a maximum settlement amount of at least $1,407. Key dates in the terms: trade date March 13, 2026, original issue date March 18, 2026, and determination date September 13, 2030. The issuer and guarantor credit risk, the underwriting/structuring fees (which make the original issue price exceed the notes' estimated model value), the capped upside, absence of interest, potential limited secondary-market liquidity, and contingent-payment tax treatment are highlighted as primary risks in the pricing supplement.

GS Finance Corp. is offering autocallable, index-linked notes due March 13, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Nasdaq-100, Russell 2000 and S&P 500, carry no interest, and repay based on the lesser performing underlier. The notes include semi-annual automatic call observation dates beginning March 8, 2027 with escalating call premiums (first call premium 8.25%) and an upside participation rate of 100%. If not called, maturity payoff uses an 80% buffer level and a 100% buffer rate, meaning investors may lose a substantial portion of principal if the lesser performing underlier falls below the buffer level. Trade date is March 6, 2026 (original issue date March 11, 2026).

GS Finance Corp. is offering autocallable index-linked notes due March 11, 2031, guaranteed by The Goldman Sachs Group, Inc. The cash payoff depends on the worst-performing of three underliers: the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index. The notes pay no interest, feature monthly automatic-call opportunities beginning with observation dates in March 2027 through February 2031 with rising call premiums, and have a capped maturity upside of 60.00% of face amount. If the final level of any underlier falls below a 70% trigger buffer, holders can suffer losses equal to the lesser performing underlier return, potentially losing their entire investment.

GS Finance Corp. offers principal-at-risk, non-interest-bearing notes linked to an equally weighted basket of seven common stocks, with an initial basket level of 100. The notes have an expected trade date of March 13, 2026, an expected automatic call observation on March 22, 2027 (call payment March 25, 2027), and an expected stated maturity of March 16, 2029.

If automatically called, each $1,000 face amount pays $1,142.50. At maturity, payoffs depend on the basket return: positive returns receive 125% upside participation; modest negative returns up to -35% produce payments equal to the absolute basket loss as a positive credit; deeper losses below the trigger buffer of 65% (i.e., basket return below -35%) expose investors to downside pro rata and may result in receiving less than 65% of face amount.