Goldman Sachs Group Inc. 424B Filings

GS Finance Corp. is offering Autocallable Equity-Linked Notes due 2029, guaranteed by The Goldman Sachs Group, Inc.. The notes reference AMZN, META and MSFT and include an automatic call feature, a 200% upside participation rate and a 60% trigger buffer level.

Payments at maturity depend on the performance of the lesser performing underlier; if not called, losses can exceed principal and investors could lose their entire investment. Key dates include trade date July 8, 2026, original issue date July 13, 2026, determination date July 9, 2029 and stated maturity July 12, 2029.

GS Finance Corp. is offering Market Linked Securities—auto-callable notes due July 6, 2029 linked to the common stock of Applied Optoelectronics, Inc.. Each security has a face amount of $1,000. The notes pay a contingent quarterly coupon of $108.125 per $1,000 (a 43.25% per annum equivalent) only if the underlying stock meets a coupon threshold (50% of the starting price) on specified quarterly calculation days. The notes are automatically called if the stock meets or exceeds a call threshold (90% of the starting price) on a call date. If not called, principal at maturity depends on the ending price versus a downside threshold (40% of the starting price), and investors can lose more than 60% or all of principal if the ending price is below that threshold. The starting price is $148.16 and the estimated value on the pricing date was approximately $908 per $1,000. Payments are unsecured obligations of GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc., so all payments are subject to issuer/guarantor credit risk.

GS Finance Corp. is offering Dual Directional Trigger PLUS principal-at-risk securities linked to the MSCI Emerging Markets Index, with an initial aggregate principal amount of $12,430,000. The notes mature on October 5, 2027 and use a September 30, 2027 valuation date.

Each $1,000 Trigger PLUS pays at maturity either (1) principal plus a leveraged upside equal to 200.00% of positive index performance subject to a $1,254 cap per note, (2) principal plus a positive payment equal to the absolute index decline if the final index value is between the initial value and the 80.00% trigger level, or (3) a principal repayment equal to the index performance factor if the final index value is below the trigger level, in which case investors may lose a substantial or entire portion of principal. The notes do not pay interest and are unsecured obligations of GS Finance Corp. guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. offers $1,000‑denominated callable contingent coupon index‑linked notes due June 15, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent monthly coupon of $10 per $1,000 (1% monthly) only when each underlier closes at or above 70% of its initial level on the related observation date. At maturity the cash payment (per $1,000) is either $1,000 or $1,000 plus $1,000 times the lesser performing underlier return; if the lesser performing underlier is below 70% you can lose a substantial portion, including potentially the entire investment. The issuer may redeem the notes on any coupon payment date beginning January 2027 through May 2028.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering contingent income auto-callable securities linked to the common stock of GE Vernova Inc. The securities pay a contingent quarterly coupon only if the underlying stock's closing price on each coupon observation date is at or above a downside threshold equal to 50.00% of the initial share price, and they may be automatically called early if the stock closes at or above the initial share price on any call observation date.

At maturity, if not called, investors receive either $1,000 plus any final contingent coupon when the final share price is at or above the downside threshold, or a principal amount equal to $1,000 × (final share price / initial share price) if the final share price is below the downside threshold (potentially resulting in a large or total loss). The pricing date and expected original issue date are in July 2026.

GS Finance Corp. priced market-linked, auto-callable notes due July 6, 2029, guaranteed by The Goldman Sachs Group, Inc. The offering sold at $1,000 face amount per security with an estimated value of approximately $950 per $1,000 face amount on the June 30, 2026 pricing date. The notes are linked to the lowest performing of the common stock of Advanced Micro Devices, Inc. and Micron Technology, Inc., feature a 200% upside participation rate, a 45% call premium (capped return of $1,450 per $1,000 if automatically called on the July 6, 2027 call date) and contingent downside principal-at-risk beyond a 40% threshold. Payments depend solely on the lowest performing underlying stock on the call date or calculation day (July 2, 2029). All payments are subject to issuer and guarantor credit risk and there is no periodic interest, no exchange listing and limited liquidity.

GS Finance Corp. priced capped, S&P 500-linked notes that pay no interest and return either the face amount or a cash payment tied to the S&P 500 Index performance, capped at a $1,150 maximum per $1,000 face amount. The notes aggregate $2,418,000, trade date June 30, 2026, original issue price 100%, and mature on July 6, 2028.

The notes are unsecured senior debt of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., subject to issuer and guarantor credit risk, limited secondary-market liquidity, and special U.S. federal tax rules treating the instruments as contingent payment debt instruments.

The issuer, GS Finance Corp., is offering structured principal-at-risk notes linked to an equally weighted basket of eight stocks with an initial basket level of 100. The notes mature on July 6, 2028 but are automatically callable on the call observation date of July 13, 2027. If called, each $1,000 face amount pays $1,231. At maturity holders receive either $1,000, an enhanced participation payment when the final basket level is above 100 (125% upside participation), or a reduced cash settlement if the final basket level is below the 85% buffer (using a buffer rate of ~117.65%). The notes pay no interest, are unsecured obligations of GS Finance Corp., are guaranteed by The Goldman Sachs Group, Inc., and carry estimated value of approximately $951 per $1,000 at pricing. Purchase economics reflect a 100% issue price and a 1.5% underwriting discount.

GS Finance Corp. is offering structured, cash-settled notes linked to the Russell 2000® Index with an aggregate face amount of $1,746,000. The notes pay no interest, may be automatically called on annual observation dates, and mature on July 6, 2029.

If not called, maturity payment depends on the index performance: investors receive $1,000 + a capped premium (37.50%) if the final index level is at or above the initial level; if below, repayment equals $1,000 × the underlier return, meaning investors could lose their entire investment. The notes are senior obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and priced at 100% of face amount (underwriting discount 2.25%).

GS Finance Corp. is offering structured, cash-settled notes backed by a guarantee from The Goldman Sachs Group, Inc., with an aggregate face amount of $1,275,000. The notes pay no interest and the maturity payment depends on the performance of the S&P 500® Futures Excess Return Index measured from the trade date to the determination date. If the final underlier level exceeds the initial level, investors receive the face amount plus 165% participation of the underlier return. If the final level is between the initial level and the 90% buffer level, investors receive the face amount. If the final level is below the 90% buffer, investors suffer a proportional loss measured by the buffer mechanics and could lose a substantial portion of their investment. The trade date is June 30, 2026, original issue date July 6, 2026, determination date July 2, 2029, and stated maturity July 6, 2029 (subject to adjustment).

GS Finance Corp. priced an offering of Market Linked Notes (Series F) guaranteed by The Goldman Sachs Group, Inc., linked to the lowest performing of the S&P 500®, Russell 2000® and Nasdaq-100® with an original offering price of $1,000 per security. The notes pay a contingent quarterly coupon of $28.375 per $1,000 (an 11.35% per annum contingent coupon rate) if the lowest performing underlier on a calculation day is ≥ 75% of its starting level, are auto-callable beginning December 2026 if the lowest performing underlier is ≥ its starting level on a call date, and mature on July 6, 2029. If not called, maturity principal is either $1,000 or $1,000 × performance factor of the lowest performing underlier; a final ending level below 75% of starting level exposes holders to losses exceeding 25%, potentially to zero. The pricing date was June 30, 2026, the estimated value at pricing was approximately $982 per $1,000 face amount, and total original offering amount shown is $7,471,000.

GS Finance Corp. offers autocallable notes linked to the State Street Industrial Select Sector SPDR ETF (XLI) due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and may be automatically called on annual observation dates if the underlier's closing level is greater than or equal to the initial underlier level. Key economics: trade date July 7, 2026, original issue date July 10, 2026, stated maturity July 12, 2029. Call observation dates include July 14, 2027 (call premium 9.6%) and July 7, 2028 (call premium 19.2%). At maturity the cash settlement is capped at 28.80% above face when the final underlier level is at or above the initial level; if the final level is below the trigger buffer level (set at 70% of the initial level) the payment declines pro rata and you could lose your entire investment.

GS Finance Corp. priced $6,518,000 of Market-Linked Notes linked to the S&P 500® Index, maturing July 6, 2032. Each note has a $1,000 stated principal amount and offers 100% participation in positive index performance up to a $1,570 maximum payment per note (157.00%). The pricing date was June 30, 2026 and the valuation date is June 30, 2032. The notes pay no interest and repay principal at maturity if the final index value is equal to or below the initial index value of 7,499.36. Estimated value at pricing was approximately $959 per note; original issue price is 100.00% of principal with a 3.50% underwriting discount.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured, non‑interest bearing notes linked to Micron Technology, Inc. ("MU"). The notes have a $1,000 face amount, an aggregate face amount shown of $250,000, an initial underlier level of $1,154.29, a trade date of June 30, 2026, a determination date of December 30, 2027, and a stated maturity date of January 4, 2028.

Payment at maturity depends on the final underlier level versus a trigger buffer level set at 60% of the initial level. If the final level is ≥ the trigger buffer level you receive the greater of the threshold settlement amount ($1,680) and $1,000 + $1,000 × underlier return, capped at a maximum settlement amount of $2,000. If the final level is below the trigger buffer level, losses occur pro rata to the decline and you could lose your entire investment. The original issue price is 100% of face with an underwriting discount of 0.725%.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal-at-risk, non-interest-bearing notes linked to the S&P 500® Index. Each $1,000 note returns either: (1) $1,000 plus the underlier return × a 100% upside participation if the final index level is above the initial level; (2) $1,000 if the final index level is between the initial level and the buffer level (85% of initial); or (3) a reduced cash amount reflecting losses beyond the 15% buffer if the final index level is below the buffer. The notes have trade date June 30, 2026, original issue date July 6, 2026, determination date June 30, 2031 and stated maturity July 3, 2031. Aggregate face amount shown is $697,000. The original issue price is 100% of face with an underwriting discount of 1.125% (net proceeds 98.875%). The notes do not pay interest; investors bear credit risk of the issuer and guarantor and may lose a substantial portion of principal if the S&P 500 declines more than 15% from the initial level.

GS Finance Corp. is offering State Street® Industrial Select Sector SPDR® ETF-linked notes due September 2, 2027, guaranteed by The Goldman Sachs Group, Inc. The notes do not bear interest; return is based on the ETF’s performance from June 30, 2026 to August 30, 2027. For each $1,000 face amount: if the ETF return is positive you receive $1,000 plus 200% of the ETF return up to a $1,204 cap; if the ETF declines by up to 10% you receive $1,000; if it declines by more than 10% you receive $1,000 plus the ETF return, which can result in a substantial loss, including the loss of the entire investment. The initial underlier level is $185.23. The estimated value on the trade date was approximately $971 per $1,000 face amount. Issue price is 100% with a 2% underwriting discount and net proceeds of 98%.

GS Finance Corp. offers Leveraged Callable S&P 500® Futures Excess Return Index‑Linked Notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes have an aggregate face amount of $1,307,000, a trade date of June 30, 2026 and an original issue date of July 6, 2026. The notes pay no interest, mature on July 7, 2031, and deliver at maturity either the face amount or, if the final underlier level exceeds the initial underlier level of 600.73, a cash payment equal to $1,000 plus 200% times the underlier return per $1,000 face amount. The issuer may redeem the notes in whole on specified monthly call payment dates beginning in July 2027; each call date has a prescribed call premium percentage listed in the supplement. The estimated value at pricing was approximately $969 per $1,000 face amount and the offering shows an underwriting discount of 1.125% with net proceeds of 98.875% of face amount. Purchase and market value are subject to issuer and guarantor credit risk, futures‑linked underlier mechanics (including negative roll/contango effects), potential limited secondary liquidity, and specific U.S. tax treatment as a contingent payment debt instrument.

GS Finance Corp. offers principal-protected contingent coupon notes tied to the common stock of Intuit Inc. The notes have a stated maturity date of July 6, 2028, an original issue price of 100% and an aggregate face amount of $450,000 on the original issue date. Coupons of $17.167 per $1,000 face amount (1.7167% monthly; ~20.6% p.a.) are payable only if the index stock closing price on a coupon observation date is at least 50% of the $261.00 initial index stock price. The notes are automatically called if the index stock closing price on any quarterly call observation date is greater than or equal to the initial index stock price. At maturity (if not called), cash settlement depends on the index stock return relative to the 50% trigger buffer: if the final index stock price is below 50% of the initial price, investors may receive less than 50% of principal and no coupon. The prospectus discloses an estimated value of approximately $981 per $1,000 face amount on the trade date June 30, 2026, reflecting underwriting discounts and model assumptions. Payments are obligations of GS Finance Corp. with a guarantee from The Goldman Sachs Group, Inc.; holders bear issuer/guarantor credit risk.

GS Finance Corp. is offering $3,973,000 of indexed, principal‑at‑risk notes (guaranteed by The Goldman Sachs Group, Inc.) linked to the S&P 500® Index. Each $1,000 face‑amount note pays no coupon and returns at maturity a cash amount that depends on the underlier return, with a 10% buffer (you keep principal if the index decline is ≤10%), 200% upside participation subject to a $1,227.50 maximum settlement, and a trade date of June 30, 2026 and stated maturity of July 6, 2028. The original issue price equals 100% of face amount and the underwriting discount is 0.8%.

GS Finance Corp. priced a principal-protected-style structured note linked to a 7-stock equally weighted basket, with a stated maturity of July 6, 2028 and an automatic call feature on July 13, 2027. The notes pay no interest; if automatically called you would receive $1,223.50 per $1,000 face amount on the call payment date. If not called, maturity payoffs depend on the final basket level: positive basket returns receive 125% participation, returns between a 15% buffer and breakeven return principal, and deeper losses reduce principal using a buffer rate of approximately 117.65%. The original issue price is 100% of face amount; underwriting discount is 1.5% and the stated aggregate face amount on the original issue date is $3,237,000. The estimated value on the trade date was approximately $940 per $1,000 face amount, reflecting fees and model assumptions.

GS Finance Corp. is offering Callable Contingent Coupon Index-Linked Notes due July 6, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay contingent monthly coupons of $7.25 per $1,000 if each index closes at or above 70% of its initial level on a coupon observation date and are callable at 100% plus any coupon on specified payment dates commencing December 2026. At maturity the cash settlement depends solely on the performance of the lesser performing index (S&P 500, Dow Jones Industrial Average, Russell 2000) versus buffer and trigger levels; losses can be substantial if the lesser performing index falls below buffer levels. The estimated value at pricing was approximately $992 per $1,000 and the original issue price is 100% of face; underwriting discount is 0.75%.

GS Finance Corp. priced $31,440,000 of Dual Directional Buffered PLUS linked to the S&P 500® Index. The securities pay at maturity on July 6, 2028 based on index performance measured from the pricing date June 30, 2026 to the valuation date June 30, 2028. For each $1,000 principal: upside is 150% of positive index return subject to a cap of $1,200.50 (120.05%); a 10.00% buffer provides a positive absolute return for modest declines; and the minimum payment is $100 (10.00%). Estimated model value at pricing was approximately $972 per $1,000; original issue price was par with a total underwriting discount of 2.50% ($786,000). Payments are unsecured obligations and subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.; investors forgo dividends and may lose up to 90.00% of principal.

GS Finance Corp. offers $894,000 of medium-term notes linked to the S&P 500® Futures Excess Return Index. For each $1,000 face amount, at maturity the issuer will pay either $1,000 or $1,000 plus 137% of the underlier return, measured from the trade date of June 30, 2026 to the determination date of June 30, 2031, with a stated maturity of July 3, 2031 (terms subject to adjustment as described in the supplement). The notes do not pay interest and are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The original issue price is 100% of face amount; underwriting discount is 1.125% and net proceeds to the issuer are 98.875% of face amount.

GS Finance Corp. is offering structured notes linked to the common stock of Synopsys, Inc. with an aggregate face amount of $295,000 on the original issue date. The notes mature on July 6, 2029 but will be automatically called if the index stock closes at or above the initial index stock price of $446.07 on any call observation date.

Quarterly coupons of $43.25 per $1,000 (4.325% quarterly; up to 17.3% per annum) are paid only when the index stock closing price on a coupon observation date is at least 60% of the initial index stock price. If the final index stock price at determination is below 60% of the initial price, principal at maturity is reduced pro rata by the index stock return; holders may receive less than 60% of principal and no coupon. The estimated value on the trade date was approximately $969 per $1,000.

GS Finance Corp. priced indexed, buffered, capped notes tied to the Russell 2000® Index. The notes have a $1,000 face amount each, aggregate face amount of $476,000, trade date June 30, 2026, original issue date July 6, 2026 and stated maturity date July 6, 2028. At maturity holders receive a cash payment determined by the underlier return, with a 10% buffer (buffer level = 90% of initial level), an upside participation rate of 200%, and a capped maximum settlement amount of $1,302.50 per $1,000 face amount. The notes pay no interest and are senior unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc. The offering includes a 1% underwriting discount, leaving net proceeds equal to 99% of face amount. Tax treatment is uncertain and purchasers should consult advisors.

GS Finance Corp. offers leveraged index-linked notes due July 6, 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity is tied to the lesser performing of the Russell 2000® and S&P 500® measured from June 30, 2026 to July 2, 2029. For each $1,000 face amount the payout uses an upside participation rate of 109.75% and an 18% buffer: if the lesser performing index is down less than or equal to 18% you may receive the absolute loss amount as a positive return; if it is down more than 18% you absorb losses beyond the buffer. The pricing supplement shows an estimated value of approximately $984 per $1,000 face amount on the trade date and an original issue price of 100% with an underwriting discount of 1.2%. The notes are unsecured obligations subject to issuer and guarantor credit risk and may have limited secondary-market liquidity.

GS Finance Corp. offers medium-term notes (guaranteed by The Goldman Sachs Group, Inc.) with a $3,351,000 aggregate face amount under a pricing supplement dated . The notes reference the S&P 500® Index and pay no periodic interest. They include an automatic call feature: if the closing level of the underlier on the call observation date is greater than or equal to the initial underlier level, the notes will be called and pay $1,055 per $1,000 on the call payment date. If not called, the maturity payment depends on the final underlier level: investors receive $1,000 if the final level is equal to or below the initial level, or $1,000 plus 100% of the underlier return if the final level is greater than the initial level. The notes have an original issue price of 100% of face amount, an underwriting discount of 0.75%, and net proceeds to the issuer of 99.25% of face amount. The tax treatment, market-value risks, credit risk of the issuer and guarantor, and the notes' contingent-payment tax rules are described in the supplement.

The pricing supplement describes an offering of $5,600,000 aggregate principal amount of Auto-Callable Trigger PLUS notes issued by GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc. The notes reference the S&P 500Index, have a 125.00% leverage factor, an initial index value of 7,499.36 and a downside threshold of 6,749.424 (90.00%).

The securities may be automatically called on the call observation date (July 7, 2027) for a fixed cash payment of $1,111 per $1,000 (an 11.10% return). If not called, maturity is July 6, 2028 with payoff rules tied to the final index value: upside participation at 125.00% of any positive index return, repayment of principal if the final index value is at or above the downside threshold, or a 1-for-1 loss of index decline if the final index value is below the downside threshold. The estimated value at pricing was approximately $971 per $1,000. Underwriting discount is $140,000 (2.50%); net proceeds $5,460,000.

GS Finance Corp. priced Market Linked Securities (auto-callable, leveraged upside, principal at risk) tied to the iShares® Expanded Tech-Software Sector ETF with an aggregate face amount of $291,000. Each security has a face amount of $1,000, an original offering price of $1,000 and an estimated value at pricing of approximately $955 per $1,000. The securities have an upside participation rate of 125%, an automatic call feature on July 6, 2027 that pays a call premium of 18.50% ($185.00) if the fund closing price on the call date is greater than or equal to the starting price ($90.60). If not called, maturity is July 6, 2029; maturity payments depend on the ending price relative to a threshold price equal to 70% of the starting price (30% threshold). Investors face 1-to-1 downside exposure below the threshold and may lose up to 100% of the face amount. Payments are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer/guarantor credit risk.

GS Finance Corp. is offering $4,300,000 aggregate face amount of S&P 500®-linked buffered notes that mature on July 6, 2028 and are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and provide payoff tied to the S&P 500® Index with a 20% buffer (buffer level = 80% of the initial underlier level of 7,499.36) and a capped cash payment of up to $1,205 per $1,000 face amount for sufficiently positive underlier performance. If the final underlier level is between the buffer level and the initial level, holders receive the absolute underlier return; if the final level declines beyond the buffer, holders suffer losses pro rata. Trade date is June 30, 2026; original issue date is July 6, 2026. The original issue price is 100% of face, underwriting discount is 0.7%, and net proceeds to the issuer are 99.3% of face.

GS Finance Corp. is offering $3,645,000 aggregate face amount of autocallable contingent coupon notes linked to the First Trust Nasdaq Cybersecurity ETF (CIBR). Notes have a trade date June 30, 2026, original issue date July 6, 2026 and stated maturity July 6, 2029. Coupons of $22.875 per $1,000 (2.2875% quarterly; up to 9.15% per annum) are payable on each coupon payment date only if the ETF closing level on the related observation date is >= 70% of the initial level of $89.85. The notes are automatically called if any call observation date closing level is >= the initial level, in which case holders receive principal plus the coupon. At maturity, if not called, repayment depends on the ETF return with a trigger buffer at 70% of the initial level; final losses occur if final level is below that buffer. Payments are subject to issuer and guarantor credit risk; estimated value at pricing was approximately $965 per $1,000 face amount.

GS Finance Corp. is offering index‑linked notes due expected September 3, 2027, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and pays no interest; the cash payment at maturity depends on the lesser performing of the Russell 2000® and S&P 500® measured from an expected trade date of July 31, 2026 to an expected determination date of August 31, 2027. If both index returns are >= 0%, holders receive $1,000 plus the lesser index return times an upside participation rate (set on the trade date) of at least 100%. A 10% buffer applies: if the lesser performing index declines by 10% or less, the note may pay an amount equal to the absolute value of that decline added to principal; if the lesser performing index declines by more than 10%, the payoff equals $1,000 times (lesser performing index return + 10%), which can produce substantial principal loss. The estimated value on the trade date is expected to be between $925 and $965 per $1,000 face amount.

GS Finance Corp. is offering medium-term notes guaranteed by The Goldman Sachs Group, Inc. The pricing supplement sets terms for cash-settled notes linked to the S&P 500® Futures Excess Return Index, with a 210% upside participation rate, trade date June 30, 2026 and stated maturity July 5, 2030. Payments at maturity depend on the underlier return: if the final underlier level exceeds the initial level, holders receive face amount plus the upside participation rate times the underlier return; if the final level is equal to or below the initial level, holders receive the face amount multiplied by the underlier return and may lose up to the full investment. The notes pay no interest, are cash-settled, carry issuer and guarantor credit risk, and were issued with an original issue price of 100% (underwriting discount 0.25%, net proceeds 99.75%).

GS Finance Corp. is offering market-linked, medium-term notes (Series F) guaranteed by The Goldman Sachs Group, Inc. linked to the EURO STOXX 50® Index with a stated maturity of August 2, 2029. The notes repay the $1,000 face amount at maturity and provide 100.00% upside participation in any index increase subject to a maximum return of at least 34.00% (i.e., a maximum maturity payment of at least $1,340.00 per $1,000 face amount). The pricing date is expected to be July 30, 2026

The estimated model value at pricing is between $925 and $955 per $1,000 face amount; the original offering price is $1,000. All payments are subject to issuer and guarantor credit risk; there are no periodic interest payments, and the notes are designed to be held to maturity.

GS Finance Corp. is offering structured, equity‑linked notes with an aggregate face amount of $2,875,000. The notes reference the Russell 2000 Index, pay no interest, and provide a capped upside (200% participation subject to a $1,158 maximum settlement amount) and a 15% downside trigger buffer (85% trigger buffer level). The notes trade date is June 30, 2026, original issue date July 6, 2026, determination date July 30, 2027 and stated maturity date August 4, 2027. Payment at maturity depends on the underlier return; investors may receive the face amount, a capped upside, or suffer losses up to the full principal if the underlier declines more than the trigger buffer. The notes are senior unsecured obligations of GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., and carry issuer and guarantor credit risk.

GS Finance Corp. is offering $2,381,000 aggregate face amount of medium-term notes linked to the Invesco QQQ Trust ("QQQ"). The notes pay no interest and provide a maturity cash payment tied to QQQ performance with a 200% upside participation, a 75% trigger buffer and a $1,400 per-$1,000 maximum settlement.

Purchasers receive either the face amount, an upside-linked payment capped at the maximum settlement, or a loss proportional to the decline in the underlier below the trigger buffer; the notes are senior debt of GS Finance Corp. and are unconditionally guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. priced $14,578,000 of contingent income auto-callable notes due July 3, 2031, guaranteed by The Goldman Sachs Group, Inc. The securities pay a contingent quarterly coupon of $21.75 per $1,000 only when each of the S&P 500®, Russell 2000® and Dow Jones Industrial Average® is at or above its 80.00% coupon threshold on a coupon observation date and may be automatically called if each index is at or above its initial index value on any call observation date. At maturity, investors face principal risk tied to the worst-performing index with a 60.00% downside threshold; estimated value at issuance is approximately $980 per security.

GS Finance Corp. is offering Market Linked Securities — medium-term, S&P 500®-linked, auto-callable notes due July 6, 2029 — with an upside participation rate of 125% and an automatic call feature on July 6, 2027. The notes pay no interest and are unsecured obligations guaranteed by The Goldman Sachs Group, Inc. They are automatically called if the closing level of the S&P 500 on the call date is at or above the starting level; in that event investors receive the face amount plus a 9.10% call premium ($91 per $1,000). If not called, holders participate 125% in any increase from the starting level to the ending level, receive the face amount if the ending level is within 25% of the starting level, or suffer 1-to-1 downside below the 75% threshold, potentially losing the entire principal. The pricing date was June 30, 2026, original issue date July 6, 2026, original offering price $1,000 per security and GS&Co.’s model-based estimated value at pricing was approximately $966 per $1,000 face amount.

GS Finance Corp. is offering indexed medium-term notes guaranteed by The Goldman Sachs Group, Inc. The pricing supplement sets an aggregate face amount of $846,000 with an original issue price equal to face amount and a stated maturity date of July 3, 2031. The notes link to the Goldman Sachs Momentum Builder® Focus ER Index (initial index level 113.93) and have an upside participation rate of 100%. The notes include annual automatic call features (first observation June 30, 2027) with increasing call levels and call premiums (for example, a 100.50% call level and 11.50% premium on the first call). GS&Co.’s estimated value on the trade date is $933 per $1,000 face amount (an additional amount of $67 that declines to zero on September 29, 2026). Payments at maturity are cash-settled and limited by the index methodology and deductions (including a 0.65% per annum deduction); investors remain exposed to the credit risk of the issuer and guarantor.

GS Finance Corp. priced a $3,000,000 offering of equity-index-linked Medium-Term Notes, Series F, guaranteed by The Goldman Sachs Group, Inc., linked to the EURO STOXX 50® Index. Terms: $1,000 face amount, original offering price $1,000, call date July 6, 2027, stated maturity July 6, 2029. Securities are auto-callable: if the closing level on the call date is ≥ the starting level the notes redeem at face plus a 14.05% call premium. If not called, maturity payoff provides 150% upside participation for positive index performance, full principal loss for declines beyond a 25% threshold, and 1-to-1 downside exposure below that threshold. Estimated model value at pricing was approximately $961 per $1,000. Payments are unsecured and subject to issuer and guarantor credit risk.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) offers principal-protected-like, equity‑linked notes tied to an equally weighted basket of CRWD, MSFT, PANW and SNOW. The notes pay no interest, mature July 6, 2028, and may be automatically called on July 13, 2027 for $1,283 per $1,000 face amount if the basket closing level on that call observation date is at least the initial basket level (100). If not called, maturity payments depend on the basket return with a 125% upside participation rate, a 15% buffer (buffer level 85), and a buffer rate of approximately 117.65%. The estimated value on the trade date was approximately $944 per $1,000 face amount; original issue price is 100% with a 1.5% underwriting discount (net proceeds 98.5%).

GS Finance Corp. priced buffered, capped notes linked to the S&P 500® Index with a 15% buffer and a capped payout. For each $1,000 face amount, investors will receive $1,080 if the final index level is >= 85% of the initial level; if below 85% the payoff declines at ~1.1765% of face for each 1% index decline below the buffer, and investors could lose their full principal.

The notes pay no interest, are guaranteed by The Goldman Sachs Group, Inc., have an aggregate face amount of $23,232,000, were issued at 100% of face (1% underwriting discount), and mature in July 2027. The pricing supplement emphasizes credit risk of the issuer/guarantor, model-based estimated values below issue price, capped upside, limited liquidity, and uncertain U.S. federal tax treatment.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured notes linked to the EURO STOXX 50® Index. Each note has a $1,000 face amount and the issue includes an automatic call feature: if the underlier closes at or above the initial level on the call observation date, the notes will be redeemed on the call payment date for $1,142.50 per $1,000. If not called, the maturity payment depends on the final underlier level: positive upside at a 200% participation rate above the initial level, protection only down to 85% of the initial level (the buffer), and a reduced cash settlement if the underlier closes below the buffer. The notes pay no interest, carry issuer and guarantor credit risk, may trade below issue price in the secondary market, and have tax and FATCA considerations. Trade date is June 30, 2026 and stated maturity is July 8, 2031.

GS Finance Corp. is offering Fixed Coupon Index-Linked Notes due March 6, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay a fixed monthly coupon of $7.084 per $1,000 (0.7084% monthly, ~8.5% per annum). At maturity you receive the final coupon plus a cash settlement that is linked to the lesser performing of the Russell 2000® and the Nasdaq-100® measured from June 29, 2026 to the determination date (expected March 1, 2028). Each underlier has a 20% buffer (buffer level = 80% of initial level); if the lesser performing index finishes below its buffer, the maturity payment is reduced by the lesser performing index return multiplied by a 125% buffer rate. The estimated value at pricing was approximately $997 per $1,000 face amount. Aggregate original face amount shown: $28,225,000. The notes are unsecured obligations of GS Finance Corp.; holders bear issuer/guarantor credit risk and market risk tied to the underliers.

The pricing supplement describes GS Finance Corp. offering capped, non‑interest bearing, cash‑settled notes (aggregate face amount $2,641,000) guaranteed by The Goldman Sachs Group, Inc.. Each $1,000 note can be automatically called on the call observation date for $1,150 if both underliers close at or above their initial levels. If not called, the maturity cash payment depends solely on the lesser performing underlier (Nasdaq‑100 and S&P 500), with an upside participation rate of 200% and a trigger buffer level of 80% of each initial underlier level. Key dates include trade date June 30, 2026, original issue date July 6, 2026, call observation date June 30, 2027, determination date June 30, 2028, and stated maturity July 10, 2028. The notes may result in a total loss of principal if the lesser performing underlier falls below its trigger buffer.

GS Finance Corp. offers contingent quarterly‑coupon medium‑term notes linked to the VanEck Semiconductor ETF (SMH). The notes pay a $46.25 quarterly coupon per $1,000 face amount (4.625% quarterly; potential up to 18.50% per annum) when the underlier closes at or above the coupon trigger level of 80% of the initial level. If not redeemed, maturity cash is tied to the underlier performance with a 20% buffer (buffer level = 80%) and a buffer rate of 100%, meaning investors can lose a substantial portion of principal if the final underlier level falls below the buffer. The issuer may redeem on coupon payment dates beginning January 2027 through January 2029. Trade date was June 30, 2026, original issue date July 6, 2026, and stated maturity is April 6, 2029. The offering lists an aggregate face amount of $105,000 and CUSIP 40054RSJ1.

The issuer, GS Finance Corp., is offering structured medium-term notes linked to the common stocks of Applied Materials, NIKE (Class B) and Netflix. The notes mature expected August 2, 2029 and include monthly coupon mechanics, an automatic call feature commencing July 2027, and a downside buffer mechanism.

Coupons are payable only if each index stock meets a 60% coupon trigger price on monthly observation dates; the notes face a potential principal loss at maturity if a trigger event (all final prices below initial prices) occurs. Estimated value at pricing is $925–$965 per $1,000 face amount.

GS Finance Corp. prices callable contingent coupon index-linked notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The offering has an aggregate face amount of $822,000 and an original issue price of 100% of face amount with an underwriting discount of 0.725%. The notes reference the Dow Jones Industrial Average®, Nasdaq-100® and EURO STOXX 50® and may pay a monthly coupon of $10.292 per $1,000 face amount if each underlier closes at or above 65% of its initial level on an observation date. The issuer may redeem the notes at 100% plus any coupon on specified coupon payment dates beginning with the observation date in September 2026. At maturity (stated maturity date June 2, 2028), if not redeemed, the cash settlement depends on the lesser performing underlier and can result in losses down to a small percentage of principal; severe underperformance can produce losses up to the full investment.

GS Finance Corp. offers index-linked notes due August 4, 2027, guaranteed by The Goldman Sachs Group, Inc. The notes are non‑interest bearing and pay at maturity based on the lesser performing of the Russell 2000Index and the S&P 500Index measured from the trade date of June 30, 2026 to the determination date of July 30, 2027. For each $1,000 face amount at maturity the cash payment equals either: (a) $1,000 plus the lesser performing index return times a 100% participation rate if both index returns are Greater than or equal to 0%; (b) $1,000 plus the absolute value of the lesser performing index return if both returns are between -10% and 0%; or (c) $1,000 plus $1,000 times the lesser performing index return plus 10% buffer if any final index level is below 90% of its initial level, producing losses if the lesser performing index return is worse than -10% (examples illustrated). The trade date initial levels are Russell 2000: 3,024.367 and S&P 500: 7,499.36. The original issue price is 100% of face amount and aggregate face amount on the original issue date is $565,000. The estimated value on the trade date was approximately $988 per $1,000 face amount, reflecting underwriting and costs. Payments are subject to the issuerand guarantor credit risk, uncertain U.S. tax treatment, potential limited secondary market liquidity, and market disruption provisions that allow the calculation agent discretion in determining final levels.