Every 424B that Goldman Sachs Group Inc. (GS) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow GS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GS filings page.
GS Finance Corp. is offering structured notes linked to the common stock of Intuit Inc. Each note has a $1,000 face amount. The notes pay a monthly coupon of $16.667 per $1,000 (1.6667% monthly, ~20% per annum) only when the index stock closing price on a coupon observation date is ≥50% of the initial index stock price. The notes mature on the stated maturity date (expected July 6, 2028) unless automatically called earlier if the index stock closing price on a call observation date is ≥ the initial index stock price. The trade date is expected to be June 30, 2026. The estimated value at pricing is between $925 and $955 per $1,000 face amount; original issue price is 100% with a 1% underwriting discount (net proceeds 99%).
GS Finance Corp. is offering $1,000 face‑amount autocallable, index‑linked notes due July 11, 2031, guaranteed by The Goldman Sachs Group, Inc.. The cash payment at maturity (or on an automatic call) depends on the Goldman Sachs Momentum Builder® Focus ER Index. The notes have a 100% upside participation rate, annual automatic call observations beginning July 8, 2027, and call premiums ranging from 8.75% to 35.00%. The index applies a 5% realized volatility control and a 0.65% per annum deduction (accruing daily); the index may allocate substantial exposure to hypothetical cash positions, which earn zero excess return before the deduction. GS&Co.’s estimated trade‑date value is $885 to $935 per $1,000 face amount, below the original issue price. Credit risk remains with the issuer and guarantor.
GS Finance Corp. offers market-linked notes tied to the S&P 500® Index, guaranteed by The Goldman Sachs Group, Inc. The notes mature in 2033 and provide exposure to positive index returns up to a capped maximum return; if the index is flat or down at the determination date, holders receive the face amount at maturity. Key terms set on the trade date include a 100% participation rate, an expected maximum return between 68.00% and 73.50% (corresponding to an expected maximum settlement amount between $1,680.00 and $1,735.00 per $1,000 face amount), an estimated value on the trade date of $930–$960 per $1,000 face amount, and an underwriting discount of 3.50%.
The Goldman Sachs Group, Inc. is offering fixed rate notes due July 20, 2029 under its Medium-Term Notes, Series N program.
The notes are U.S. dollar denominated, bear interest at 4.40% per annum, pay interest semiannually on January 20 and July 20 (first payment January 20, 2027), and will be issued in denominations of $1,000. The trade date is July 17, 2026 and the original issue date is July 20, 2026. The notes will be issued in book-entry form as a master global note and will not be listed on any exchange.
GS Finance Corp. is offering autocallable Nasdaq-100 Index®-linked notes due 2028, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, have an upside participation rate of 125% and a 15% buffer (buffer level 85%). If the notes are automatically called (call observation date August 2, 2027), each $1,000 face amount will receive at least $1,130 on the call payment date. If not called, the cash settlement at maturity (determination date July 31, 2028, stated maturity August 7, 2028) depends on final index performance: upside participation when the final level exceeds the initial level, full return of principal if the final level is at or above the buffer level up to the initial level, or a buffered downside exposure if the final level is below the buffer level. The trade date is July 31, 2026 and original issue price is shown as 100% of face amount in the supplement. The notes are senior debt issued under GS Finance Corp.'s Medium-Term Notes, Series F program; pricing and certain fees will be set on the trade date.
GS Finance Corp. offers index-linked notes due expected August 2, 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and the cash payment at maturity depends on the lesser performing of the Russell 2000 and S&P 500 from the trade date to the determination date.
Key payout mechanics: if both underliers are flat or up, you receive principal plus the lesser index return times an upside participation rate (at least 102%). If any underlier falls but stays at or above 85% of its initial level, you receive principal plus the absolute value of the lesser decline. If any underlier falls below 85% of its initial level, losses apply and the payoff equals principal plus (lesser return + 15%), which can produce substantial principal loss. Estimated value on the trade date is between $925 and $965 per $1,000 face amount. The notes are unsecured obligations subject to issuer and guarantor credit risk and may have limited secondary-market liquidity.
GS Finance Corp. is offering callable, contingent coupon, index-linked notes due July 6, 2029, fully guaranteed by The Goldman Sachs Group, Inc. The notes pay a monthly contingent coupon of $10.834 per $1,000 (1.0834% monthly; up to ~13.00% per annum) when each underlier is ≥ 70% of its initial level on the related observation date. If not redeemed, the cash settlement at maturity is based solely on the lesser performing underlier; investors may lose up to 100% of principal if that underlier's final level is 0% of its initial level. The issuer may redeem the notes on any coupon payment date from July 2027 through June 2029. Trade date is July 2, 2026 and original issue date is July 7, 2026. The underliers are the Nasdaq-100 Technology Sector Index, the Russell 2000® Index, and the S&P 500® Index.
GS Finance Corp. offers principal-protected contingent coupon notes guaranteed by The Goldman Sachs Group, Inc. The notes link to NVDA common stock, a TSMC ADS (1 ADS = 5 shares) and LITE common stock, mature expectedly on July 13, 2029, and may be automatically called on observation dates starting in July 2027. Coupons accrue monthly based on a formula equal to $19.875 per $1,000 face amount per qualifying observation (1.9875% monthly / up to 23.85% annually) subject to per-index 50% coupon trigger prices and an automatic-call condition tied to each index stock meeting or exceeding its initial price set on the trade date. If not called, final payment depends on whether a trigger event (all final prices below initial prices) occurs; a trigger leads to cash settlement linked to the least‑performing index stock, potentially resulting in significant principal loss. The estimated model value at pricing is $925–$955 per $1,000 face amount.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured, non-interest-bearing notes linked to an equally weighted basket of seven stocks. The notes mature on June 29, 2028 with an automatic call observation on July 9, 2027. If automatically called, each $1,000 face amount pays $1,232.50 on the call payment date. At maturity the payoff uses a 125% upside participation rate, a 15% buffer (buffer level = 85%), and a buffer rate of approximately 117.65%. Trade date is June 26, 2026; original issue price is 100% of face amount, underwriting discount 1.5%, and estimated value at pricing approximately $947 per $1,000 face amount.
GS Finance Corp. priced Contingent Income Buffered Auto-Callable Securities linked to an ADS of Taiwan Semiconductor Manufacturing Company Limited with an aggregate principal amount of $1,100,000. The securities pay contingent quarterly coupons only if the ADS closes at or above a buffer price (60.00% of the initial share price) on coupon observation dates and are automatically called if the ADS closes at or above the initial share price on any call observation date. The initial share price is $432.35, the buffer price is $259.41, the contingent quarterly coupon accrual equals $32.50 times the number of coupon observation dates less prior coupons, and the downside at maturity (if final share price is below the buffer) reduces principal by approximately 1.6667% for each 1% decline beyond the buffer. The securities mature on June 29, 2029 if not called; estimated value at pricing was approximately $979 per $1,000 principal amount and the original issue price is 100.00%.
GS Finance Corp. priced market-linked notes guaranteed by The Goldman Sachs Group, Inc. The notes have an aggregate face amount of $10,529,000, do not pay interest, and settle in cash at maturity based solely on the lesser performing underlier between the Dow Jones Industrial Average and the S&P 500. If the lesser performing underlier rises above its initial level, holders receive the lesser performing underlier return on each $1,000 face amount, capped at a maximum settlement amount of $1,143.40. If any underlier is equal to or below its initial level at the determination date, holders receive only the face amount. Key timing: trade date June 26, 2026, original issue date July 1, 2026, determination date December 27, 2027, stated maturity date December 30, 2027. The notes are treated as contingent payment debt instruments for U.S. federal income tax purposes with a stated comparable yield of 4.5375% and a projected payment of $1,070.54 on a $1,000 investment for tax accruals.
GS Finance Corp. is offering $1,005,000 aggregate face amount of medium-term notes linked to the VanEck Gold Miners ETF (GDX).
The notes pay no interest, may be automatically called on the call observation date and, if called, pay $1,266 per $1,000 face amount on the call payment date. If not called, the maturity cash payment depends on the final underlier level versus the initial underlier level ($75.67) and applies a 125% upside participation and an 80% buffer with potential loss of your entire investment. Trade date is June 26, 2026, original issue date July 1, 2026, determination date June 26, 2028, and stated maturity June 29, 2028. Payments are cash-settled and subject to issuer and guarantor credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.
GS Finance Corp. offers $5,000,000 of Contingent Income Auto-Callable Securities—unsecured, principal‑at‑risk notes due December 29, 2028 and guaranteed by The Goldman Sachs Group, Inc., linked to the worst‑performing of Vertiv Holdings Co Class A common stock and GE Vernova Inc. common stock.
The securities pay a contingent quarterly coupon of $60.00 per $1,000 only if both underlying stocks close at or above their downside thresholds (50.00% of initial share prices). They may be automatically called beginning September 28, 2026. If, at maturity, the final price of the worst performing underlying stock is below its downside threshold, the maturity payment is $1,000 × worst performing share performance factor, which can result in a substantial or total loss of principal. Estimated value at pricing was approximately $942 per security.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) priced $6,080,000 of contingent income callable securities due January 2, 2029. These unsecured notes pay a $27.50 contingent quarterly coupon per $1,000 only if each underlying index (S&P 500®, Russell 2000®, EURO STOXX 50®) stays at or above a 70.00% downside threshold on every index business day during each quarterly observation period. If any index breaches its downside threshold on any observation day, no coupon is paid for that quarter. At maturity, investors receive $1,000 per $1,000 principal if every index is at or above its threshold; otherwise the maturity payment equals $1,000 multiplied by the worst performing index performance factor (principal at risk).
GS Finance Corp. is offering callable index-linked notes due July 1, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return either the face amount or, if both underliers rise, the face amount plus the lesser performing index return multiplied by the 100% upside participation rate. Initial issue price is 100% of face with aggregate face amount of $1,000,000 (issuer may increase the aggregate at its option). Trade date is June 26, 2026; determination date is June 26, 2031. The issuer may redeem the notes on specified monthly call payment dates beginning July 8, 2027, paying a capped cash amount based on the applicable call premium. The estimated value on the trade date is approximately $981 per $1,000 face. Payments depend on the lesser performing of the Nasdaq-100 and S&P 500 indices and are subject to issuer and guarantor credit risk.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering autocallable structured notes linked to the common shares of Dell Technologies Inc., Marvell Technology, Inc. and Meta Platforms, Inc.. Each $1,000 note pays a monthly coupon only if all index stocks meet a 50% trigger on observation dates and will be automatically called if, on a call observation date, each index stock is at or above its initial price. Notes mature on the stated maturity date (expected July 13, 2029) unless earlier redeemed. Payments at maturity depend on whether a trigger event occurs; if a trigger event occurs the cash settlement follows the performance of the lesser performing index stock and could result in substantial loss of principal. The trade date and initial index prices are expected to be set on July 10, 2026, with original issue date expected to be July 15, 2026. The estimated value at pricing is between $925 and $955 per $1,000 face amount and the coupon formula references $20.25 per month (2.025% monthly, potential 24.3% per annum).
GS Finance Corp. is offering S&P 500® Index‑linked notes due August 5, 2031, guaranteed by The Goldman Sachs Group, Inc.. Each note has a $1,000 face amount, does not pay interest, and will pay at maturity either the face amount or a cash payment tied to the S&P 500 return, capped at a maximum settlement amount of $1,532.50 per $1,000. The trade date is July 31, 2026 (initial underlier level set then) and the determination date is July 31, 2031. The notes are senior indebtedness issued under GS Finance Corp.’s Medium‑Term Notes, Series F program; proceeds, underwriting discounts and original issue price will be set on the trade date.
GS Finance Corp. is offering structured, basket-linked notes due July 14, 2027 that pay contingent quarterly coupons and are subject to automatic call features. The notes reference an equally weighted basket of six stocks with an initial basket level of 100 and a coupon trigger/trigger buffer level of 80%. Coupons accrue only if the closing basket level on an observation date is ≥80% and are calculated using a schedule that credits $47.4 per $1,000 face amount multiplied by the number of qualifying observation dates, less prior coupons. The notes will be automatically called if the basket closing level on a call observation date is ≥ the initial basket level, in which case holders receive principal plus any coupon then due. At maturity, if the final basket level is ≥80% of the initial level, each $1,000 face amount pays $1,000 plus any final coupon; if the final basket level is <80%, the cash settlement equals $1,000 × (1 + basket return), which may result in a loss of principal. The offering lists: trade date June 26, 2026, original issue date July 1, 2026, original issue price 100%, underwriting discount 1%, and an estimated model value of approximately $947 per $1,000 on the trade date.
The issuer, GS Finance Corp., is offering structured notes linked to the S&P 500® Index with an aggregate face amount of $519,000. Each $1,000 note pays no interest and returns either the face amount at maturity or a cash payment tied to the index return, capped at a maximum settlement amount of $1,535 per $1,000. The notes have a trade date of June 26, 2026, original issue date July 1, 2026, and a stated maturity on December 31, 2031 (determination date December 26, 2031). The notes are senior unsecured obligations of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The original issue price is 100% of face amount; underwriting discounts total 2% plus a structuring fee of up to 0.55%. The notes will be cash-settled; secondary-market liquidity is not assured and market value may differ materially from issuance value.
GS Finance Corp. is offering principal-protected-capacity structured notes linked to the S&P 500® Index via a Pricing Supplement dated June 26, 2026. The notes have an aggregate face amount of $1,470,000, an automatic-call on a specified observation date, and a stated maturity of June 29, 2029.
The notes pay no periodic interest. If the notes are automatically called on the call payment date, each $1,000 face amount would pay $1,111.50. If not called, maturity payoffs vary by index performance: upside participation is 125%, there is a 15% buffer (buffer level = 85% of initial), and downside outcomes can result in substantial losses, including examples showing a cash settlement as low as 15.000% of face amount in extreme scenarios.
GS Finance Corp. offers structured notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The notes have a face amount priced at 100% of face, pay a monthly coupon of $12.50 per $1,000 only if the index level is >= 60% of the initial level, include an automatic call feature tied to the index reaching the initial level, and mature on July 1, 2031. The notes reference an initial underlier level of 477.17 and reflect an estimated value at pricing of approximately $948 per $1,000. The offering is subject to issuer and guarantor credit risk and index-specific risks including leverage, a 6% per annum decrement, limited operating history of the underlier, and potential for total loss at maturity if the final underlier level is sufficiently low.
GS Finance Corp. offers $4,250,000 aggregate face amount of autocallable, contingent-coupon, index-linked notes due June 28, 2029 guaranteed by The Goldman Sachs Group, Inc.
The notes pay contingent quarterly coupons of $33.125 per $1,000 (3.3125% quarterly; up to 13.25% per annum) only if each underlier stays at or above 70% of its initial level during a quarterly observation period. The notes are automatically called on specified observation end dates if each index closes at or above its initial level set on June 23, 2026, in which case holders receive the face amount plus any coupon due. If not called, the maturity payout depends on the performance of the lesser performing underlier and may result in loss of principal if that underlier declines below 60% of its initial level.
GS Finance Corp. priced structured notes linked to the S&P 500® Index with an aggregate face amount of $14,005,000. Each note has a $1,000 face amount, no periodic interest, and an upside participation rate of 190.12%. Notes will be automatically called on the call observation date if the closing level of the S&P 500 is greater than or equal to the initial level, in which case each $1,000 face amount pays $1,100 on the call payment date.
If not called, the cash settlement at stated maturity depends on the final underlier level: investors receive a capped upside if the index rises, full face at certain near‑par outcomes, or a loss that can be substantial if the index falls below the buffer level of 90%, including potential loss of the entire investment under specified scenarios. The notes are senior unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and carry issuer and market‑liquidity risks.
GS Finance Corp. priced $3,201,000 of Bearish Autocallable Absolute Return S&P 500® Index-Linked Notes due September 30, 2027, guaranteed by The Goldman Sachs Group, Inc. Trade date is June 26, 2026 and original issue date is July 1, 2026. The notes pay no interest and may be automatically called if the S&P 500 closing level is less than 80% of the initial level (initial level: 7,354.02) on any call observation date. If not called, maturity payoffs depend on final index performance and are capped at a 5.25% contingent return for positive index outcomes; for final index levels between 80% and 100% of initial, holders receive the face amount plus the absolute value of the negative index return (up to 20%). The estimated value at pricing was approximately $988 per $1,000 face amount; original issue price is 100% with underwriting discount 0.25% plus a structuring fee up to 0.15%. The notes are unsecured obligations subject to issuer/guarantor credit risk and complex tax treatment as contingent payment debt instruments.
GS Finance Corp. offers principal-at-risk, equity-linked notes tied to Chevron Corporation (CVX). The notes pay no interest and settle in cash on the stated maturity based on the underlier return measured from June 25, 2026 to the determination date. Investors receive upside participation of 200% up to a $1,550 cap per $1,000 face amount, fully protected only down to a 80% trigger buffer of the initial level ($172.24). If the final underlier level is below the trigger buffer, losses are linear to the underlier decline and could result in a total loss of invested principal. The notes are issued by GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc.; purchase price is 100% of face amount with an underwriting discount of 0.4%. Maturity is tied to the determination date in June 2028.
GS Finance Corp. priced an offering of $47,835,000 aggregate Contingent Income Auto-Callable Securities due June 29, 2028, principal-at-risk notes guaranteed by The Goldman Sachs Group, Inc. The notes pay a $26.25 contingent quarterly coupon per $1,000 only if each underlying index is at or above a 70.00% downside threshold on observation dates and are automatically called if each index equals or exceeds its initial index value on a call observation date. Estimated value at pricing was approximately $982 per security; original issue price is 100% with a 2.00% underwriting discount. Investors are exposed to the worst-performing of the S&P 500®, Russell 2000® and Nasdaq-100® and may lose a substantial portion or all of principal.
GS Finance Corp. is offering structured, autocallable notes linked to an equally weighted basket of nine common stocks, guaranteed by The Goldman Sachs Group, Inc. The notes mature on July 14, 2027 but may be automatically called on observation dates beginning in October 2026. Coupons (if any) are paid only when the basket closing level is >= 80% of the initial basket level; automatic call occurs if the basket closing level on a call observation date is >= the initial basket level (100). The offering lists an aggregate face amount of $500,000 on the original issue date, an original issue price of 100% of face amount, an underwriting discount of 1%, net proceeds of 99%, and an estimated value at pricing of approximately $948 per $1,000 face amount. The notes expose holders to issuer/guarantor credit risk, possible loss of principal if the final basket level is below 80%, and valuation/secondary-market liquidity risks.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering linked, non‑interest bearing notes tied to the S&P 500® Index. The aggregate face amount is $2,543,000. Each $1,000 note pays at maturity either the face amount or a cash payment equal to $1,000 plus the underlier return, capped at a $1,480 maximum settlement amount. The trade date is June 26, 2026, original issue date July 1, 2026, determination date December 26, 2030 and stated maturity date December 31, 2030. Notes are debt of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., do not pay periodic interest, and are subject to issuer and guarantor credit risk, secondary market illiquidity, underwriting discounts and tax rules for contingent payment debt instruments.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal-at-risk notes linked to the VanEck Gold Miners ETF (GDX). For each $1,000 face amount, holders receive $1,113.50 maximum at maturity if the final underlier level is >= the trigger buffer level (60% of the initial level). If the final underlier level is below the trigger buffer level, the cash payment equals $1,000 plus ($1,000 × underlier return), exposing holders to losses up to the full principal. The notes pay no interest, carry an underwriting discount of 2.225%, and list an initial underlier level of $77.00. The notes mature on July 29, 2027 (determination date July 26, 2027), and are subject to issuer and guarantor credit risk, potential tracking error between the ETF and its index, and tax uncertainties including possible application of Section 1260.
The issuer GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering structured, non‑interest bearing notes linked to the S&P 500® Index. The notes have an aggregate face amount of $4,390,000 and pay a cash settlement at maturity per $1,000 face amount that depends on the index performance measured from June 24, 2026 to the determination date.
Key payment mechanics: if the final index level is at or above the initial level (7,358.22), holders receive the index return up to a capped maximum upside settlement amount of $1,215 per $1,000 face. If the index falls but not more than the buffer (80% of initial), holders receive the absolute value of the index decline as a positive return. If the index declines below the buffer, losses apply linearly and can substantially reduce the face amount. Stated maturity is June 29, 2028 (determination date June 26, 2028).
GS Finance Corp. is offering structured medium-term notes guaranteed by The Goldman Sachs Group, Inc. The $16,140,000 aggregate offering consists of notes with a $1,000 face amount, trade date June 26, 2026, original issue date July 1, 2026, and stated maturity June 29, 2029. The notes pay a contingent monthly coupon of $11.125 per $1,000 (1.1125% monthly, up to 13.35% per annum) only when each underlier is at or above its coupon trigger level (70% of initial level) on the related observation date. The cash settlement at maturity (if not automatically called) is linked to the performance of the lesser performing underlier and can result in a complete loss of principal; if the lesser performing underlier finishes below 70% of its initial level, investors will suffer a proportional loss. The notes include an automatic call if, on any call observation date, each underlier is at or above its initial level.
The issuer GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering Bearish Autocallable Absolute Return S&P 500® Index-Linked Notes due 2027. The notes: trade date June 26, 2026, original issue date July 1, 2026, stated maturity September 30, 2027. Initial underlier level: 7,354.02. Notes have an automatic redemption if on any call observation date the closing level is less than 80% of the initial underlier; an automatic call yields $1,000 per $1,000 face (0% return). If not called, maturity payoffs vary: if final level ≥ initial level you receive $1,056.50 per $1,000 (contingent return 5.65%); if final level is between 80% and 100% of initial you receive $1,000 plus $1,000×absolute underlier return (up to $1,200); if final level < 80% you receive $1,000. Estimated value at pricing was approximately $990 per $1,000 face; original issue price 100%. The aggregate face amount on the original issue date is $8,971,000. Payment outcomes depend on automatic call events, final index level, and issuer/guarantor creditworthiness.
GS Finance Corp. offers $3,606,000 of principal-protected-style notes (the "notes"), fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes link to the MSCI Emerging Markets Index and may be automatically called on the call observation date.
Purchased at 100% of face, the notes pay no interest. If automatically called, each $1,000 face amount would receive $1,205.50 on the call payment date. If not called, maturity cash depends on the index return with a 125% upside participation rate, an 85% buffer level and a buffer rate of approximately 117.65%. Investors may lose their entire investment if the final index level is below the buffer level. Trade date is June 26, 2026; stated maturity is June 29, 2028.
GS Finance Corp. is offering medium-term notes with an aggregate face amount of $4,000,000 that are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes reference the S&P 500® Index with an initial underlier level of 7,357.49 (set June 25, 2026), a trade date of June 26, 2026, an original issue date of July 1, 2026, a determination date of May 26, 2028 and a stated maturity date of June 1, 2028 (each subject to adjustment).
Payoff is cash-settled per $1,000 face amount: a positive return equals 125% upside participation of the underlier return up to a $1,246.50 cap; if the final level is between the initial level and 80% of the initial level you receive the face amount; below the 80% buffer you incur a leveraged loss equal to 1.25% of face per 1% decline below the buffer (buffer rate = 125%), and you could lose your entire investment. The notes pay no interest and are subject to issuer and guarantor credit risk, trading illiquidity, tax uncertainty and FATCA rules.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering market-linked medium-term notes due June 29, 2029, linked to Marvell Technology, Inc. The securities pay a contingent coupon of $24.459 per $1,000 (about 29.35% per annum) only when the underlying stock closes at or above the coupon threshold on monthly calculation days. The starting price is $266.77; the coupon threshold and downside threshold are each 50% of the starting price. If a call condition (stock ≥ starting price) occurs on a monthly call date beginning December 2026, the notes will be automatically redeemed for the face amount plus a final contingent coupon and any unpaid coupons. If not called, maturity payment depends on the ending price; if the ending price is below the downside threshold you may lose more than 50% or all of principal. The pricing date estimated value was approximately $970 per $1,000 face amount; original offering price is $1,000 and aggregate face amount shown is $500,000. The securities are unsecured obligations subject to issuer and guarantor credit risk.
GS Finance Corp. offers leveraged callable index-linked notes due July 1, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes link payoff to the lesser performing of the S&P 500® and the Nasdaq-100® between an initial level set on June 26, 2026 and the determination date on June 26, 2031. If both final index levels exceed their initial levels, holders receive $1,000 plus 200% of the lesser performing index return per $1,000 face amount. If the lesser performing index falls to less than 50% of its initial level, holders will suffer a proportionate loss of principal; the pricing supplement shows an estimated value of $976 per $1,000 face amount on the trade date. The issuer may redeem the notes on specified call payment dates beginning July 8, 2027, with call premiums capped per the supplement.
GS Finance Corp. launches structured, non‑interest notes linked to the Russell 2000, S&P 500 and the iShares® Latin America 40 ETF. The notes mature on July 1, 2031 and may be automatically called beginning on June 28, 2027 if all three underliers meet or exceed initial levels.
At maturity, payments depend on the lesser performing underlier: full face plus a 71.5% maturity premium if all underliers finish ≥90% of initial levels, return of face ($1,000) if the lesser underlier finishes between 60% and 90%, or a pro rata loss tied to the lesser underlier return if it finishes below 60%. The estimated value on the trade date is approximately $933 per $1,000 face amount.
The Goldman Sachs Group, Inc. is offering fixed rate senior notes due July 21, 2033 with an interest rate stated at 4.80% per annum. The notes are issued in denominations of $1,000, issued in book‑entry form under a master global note, with trade date July 17, 2026 and original issue date July 21, 2026. The notes will not be listed on an exchange and pricing terms (including original issue price and underwriting concessions) are set on the trade date. The issuer may terminate the offering prior to the trade date for credit‑spread movement. Purchases settling after the original issue date must pay accrued interest.
GS Finance Corp. is offering Market Linked Securities — Auto-Callable with Contingent Coupon with Memory Feature linked to the common stock of Intel Corporation, due June 29, 2029. Each security has a $1,000 face amount, a contingent monthly coupon of $21.042 per $1,000 (approximately 25.25% per annum) payable only if the underlying stock meets a coupon threshold (50% of the starting price). The securities may be automatically called if the stock closing price on a monthly call date is at or above the starting price. If not called, principal at maturity depends on the ending price versus a downside threshold (50% of the starting price); an ending price below that threshold can cause a loss of more than 50%, up to the full principal. The estimated value at pricing was approximately $961 per $1,000. Payments are unsecured obligations of GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc., and are subject to the issuer and guarantor credit risk.
GS Finance Corp. offers structured, principal-at-risk notes guaranteed by The Goldman Sachs Group, Inc. The pricing supplement covers an aggregate face amount of $4,090,000 of three-year, cash-settled notes that reference the Russell 2000® and S&P 500® indices and may be automatically called on the call observation date.
The notes pay no interest, feature a 125% upside participation rate, an 80% buffer level per underlier, and deliver cash at maturity based on the lesser performing underlier; investors bear credit risk of GS Finance Corp. and the guarantor.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering structured, autocallable notes linked to three underliers: the S&P 500® Index, the Russell 2000® Index and the State Street® Consumer Staples Select Sector SPDR® ETF (XLP). The notes have an expected trade date of July 9, 2026, an expected original issue date of July 14, 2026 and a stated maturity date expected to be July 12, 2029.
Notes pay a conditional monthly coupon of $9.167 per $1,000 (0.9167% monthly, ~11% annualized) only if each underlier ≥ 70% of its initial level on a coupon observation date. If any underlier is below 70% of initial at final determination, the cash settlement is based on the lesser performing underlier and can result in substantial principal loss. The estimated trade-date model value is between $925 and $955 per $1,000.
The issuer, GS Finance Corp., is offering structured, non‑interest paying notes linked to a weighted basket composed of the S&P 500® Futures Excess Return Index (70%), the MSCI EAFE Index (20%) and the MSCI Emerging Markets Index (10%). The aggregate face amount initially offered is $410,000 and the notes have an original issue date of July 1, 2026.
The notes may be automatically called on the call observation date (July 5, 2027) for a fixed payment of $1,150 per $1,000 if the basket closing level is at or above the initial basket level of 100. If not called, the maturity payoff on July 1, 2031 depends on the basket return with a 225% upside participation rate, a downside trigger buffer at 70% of the initial basket level, and full downside exposure below that buffer (losses pro rata of the basket return).
GS Finance Corp. offers leveraged, basket-linked notes guaranteed by The Goldman Sachs Group, Inc. The notes (aggregate face amount $3,100,000 on the original issue date) mature June 29, 2029, and may be automatically called July 6, 2027, for $1,190 per $1,000 face amount if the basket closing level meets or exceeds the initial level.
Payments at maturity depend on the basket return: 150% upside participation if positive, absolute upside equal to the absolute basket return if the basket declines up to 30%, and pro rata loss below the 70% trigger buffer. The estimated value on the trade date is approximately $942 per $1,000.
GS Finance Corp. is offering Market Linked Securities with a face amount of $1,000 per security linked to the common stock of Applied Optoelectronics, Inc. The securities pay a fixed quarterly coupon of at least $51.75 per $1,000 (equivalent to at least 20.70% per annum), are callable quarterly beginning October 2026, and mature on July 9, 2029. If not called, principal at maturity depends on the underlying stock: investors receive $1,000 if the ending price is at or above 50% of the starting price; if below that threshold, investors bear full downside (up to a total loss). The pricing date is July 6, 2026; the original issue date is July 9, 2026. Estimated value at pricing is between $880 and $910 per $1,000; original offering price is $1,000 with underwriting discount up to $23.25 (proceeds to issuer ~$976.75 per security). These securities are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., are not listed, and are designed to be held to maturity.
GS Finance Corp. is offering Medium-Term Notes, Series F: market-linked, contingent fixed return securities linked to the S&P 500® Index due May 3, 2029. The contingent fixed return will be determined on the pricing date and will be at least 25.00% of the $1,000 face amount.
Key terms set in the excerpt include a 10% buffer, 1-to-1 downside beyond the buffer (investors may lose up to 90% of face amount), an estimated value at pricing of $925–$955 per $1,000, an original offering price of $1,000, pricing date July 30, 2026, original issue date August 4, 2026, calculation day April 30, 2029, and CUSIP 40054XDG0.
GS Finance Corp. is offering notes with an aggregate face amount of $2,263,000, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes feature an automatic call on the call observation date (payment of $1,114 per $1,000 if called), no periodic interest, an upside participation rate of 125% and a buffer that protects down to 80% of each initial underlier level. If not called, the cash settlement at maturity depends solely on the lesser performing underlier measured on the determination date. Key dates include trade date June 26, 2026, original issue date July 1, 2026, call observation date July 6, 2027, and stated maturity June 29, 2029.
GS Finance Corp. is offering fixed coupon index-linked notes due and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes pay a fixed coupon of $7.084 per $1,000 (0.7084% monthly, ~8.5% per annum) and are linked to the Russell 2000® and Nasdaq-100® indices. The maturity payment depends on the lesser performing index measured from June 29, 2026 to the determination date (expected March 1, 2028), with an 80% buffer level and a buffer rate of 125%. Stated maturity is expected to be March 6, 2028. The issuer’s estimated value at pricing is expected to be between $925 and $955 per $1,000 face amount.
GS Finance Corp. is offering structured, callable notes with an aggregate face amount of $1,002,000 under a pricing supplement dated June 26, 2026. The notes pay a contingent monthly coupon of 1.7084% of face ($17.084 per $1,000) when each underlier meets a 70% coupon trigger on observation dates. The notes are automatically called if, on any call observation date, each underlier closes at or above its initial level; otherwise maturity is June 29, 2029 with cash settlement tied to the lesser performing underlier. If the final level of the lesser performing underlier is below its trigger buffer (70% of initial), investors can suffer substantial losses, including a complete loss of principal. The notes are senior unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and are subject to GS Finance/GS&Co. pricing models, underwriting and structuring fees, limited secondary liquidity and tax uncertainties.
GS Finance Corp. is offering Leveraged Russell 2000® Index-Linked Notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Russell 2000® Index from the trade date June 26, 2026 to the determination date June 26, 2029 with a stated maturity of June 29, 2029.
For each $1,000 face amount, holders receive 1.5x the index return if positive, capped at a $1,315 maximum settlement amount. If the index return is zero or negative, holders receive the greater of a $950 minimum settlement amount or $1,000 plus the index return. The pricing supplement shows an estimated value of approx. $987 per $1,000 on the trade date and an original issue price of 100% with a 0.5% underwriting discount.
GS Finance Corp. is offering $3,000,000 aggregate face amount of medium-term structured notes, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes reference the Nasdaq-100, Russell 2000 and S&P 500 indices, pay no interest, and have an automatic quarterly call feature.
If not called, the cash payment at maturity depends solely on the lesser performing underlier versus its initial level: payments are capped at 51.15% premium on maturity for strong performance, preserved at principal when the lesser performing underlier remains ≥ 70% of its initial level, and decline in direct proportion to the lesser performing underlier below that buffer, exposing investors to potential loss of up to their entire investment.