Goldman Sachs Group Inc. 424B Filings

GS Finance Corp. offers Autocallable S&P 500® Index-Linked Notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and are tied to the S&P 500 Index performance. They may be automatically called on the call observation date, in which case holders receive at least $1,055 per $1,000 face amount on the call payment date. If not called, the maturity cash payment depends on the final underlier level and an upside participation rate of 100%. Key trade and issue dates include a trade date of July 31, 2026, original issue date of August 5, 2026, a call observation date of August 2, 2027, a determination date of July 31, 2029, and a stated maturity of August 7, 2029. The notes are subject to issuer and guarantor credit risk, limited secondary market liquidity, tax rules for contingent payment debt instruments, and should be read with the accompanying prospectus and supplements.

GS Finance Corp. is offering callable S&P 500® Futures Excess Return Index-linked notes due June 27, 2031, guaranteed by The Goldman Sachs Group, Inc. Each $1,000 face‑amount note returns 5x the index gain if the final index level exceeds the initial level of 591.18. If the final level is between 75% and 100% of the initial level, you receive the $1,000 face amount. If the final level is below 75%, the payment at maturity equals $1,000 plus the index return times $1,000, and you may lose a substantial portion or all of your investment. The notes do not pay interest and are callable by the issuer on specified monthly call payment dates beginning June 29, 2027; call premiums for each date are listed in the pricing supplement. The trade date is June 24, 2026, original issue date June 29, 2026, and the pricing models estimate the notes’ value at approximately $963 per $1,000 face amount on the trade date.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured medium-term notes with an aggregate face amount of $8,011,000. The notes pay a contingent monthly coupon of $10.834 per $1,000 (1.0834% monthly) when each underlier meets a 70% trigger on observation dates and are subject to an automatic call if all underliers equal or exceed their initial levels on a call observation date. If not called, the cash settlement at maturity depends solely on the performance of the lesser performing underlier; principal can be lost if that underlier ends below 70% of its initial level. Trade date: June 24, 2026; original issue date: June 29, 2026; stated maturity date: June 28, 2029.

GS Finance Corp. is offering Medium-Term Notes, Series F linked to the iShares® Expanded Tech-Software Sector ETF (IGV). The securities have a $1,000 face amount, a contingent fixed return of 13.35% ($133.50) if the ending price is at or above a 75% threshold, and a stated maturity date of July 13, 2027. The pricing date was June 24, 2026 and the estimated value at pricing was approximately $962 per $1,000 face amount. If the ending price falls more than 25% from the starting price ($86.17), holders suffer 1-to-1 downside and may lose up to 100% of principal. Payments are subject to issuer and guarantor credit risk.

GS Finance Corp. offers contingent quarterly coupon notes linked to Morgan Stanley common stock. The offering has an aggregate face amount of $3,045,000 and a stated maturity date of June 28, 2029. Coupons of $30.625 per $1,000 (3.0625% quarterly, up to 12.25% per annum) are payable on each coupon payment date only if the underlier's closing level on the related observation date is at least 70% of the initial underlier level. The notes are automatically called if the underlier's closing level on any call observation date is at or above the initial level ($219.86 initial underlier level). If not called, payment at maturity depends on the final underlier level: investors receive $1,000 if the final level is at or above the 70% trigger buffer, but may lose a substantial portion or all of principal if the final level is below that threshold. The notes are senior unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. priced $1,540,000 of index-linked notes due June 27, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes are linked to the better performing of TOPIX and the S&P 500® Futures Excess Return Index measured from the trade date June 24, 2026 to the determination date June 24, 2031. For each $1,000 face amount, holders receive either (a) $1,000 plus 120.25% of the better-performing index return if that index is flat or up, (b) $1,000 if both indices are down but at least one is >=70% of its initial level, or (c) a pro rata payment equal to $1,000 times the better-performing index return (which can be less than 70% of face) if both indices close below 70% of their initial levels. The notes pay no interest, have an estimated value of approximately $972 per $1,000 face amount on the trade date, and were issued at 100% of face with a 0.25% underwriting discount.

The Goldman Sachs Group, Inc. is offering Callable Fixed Rate Notes due 2031 under its Medium-Term Notes, Series N program. The notes bear interest at 4.90% per annum, accrue from the original issue date (expected July 20, 2026) and mature on June 30, 2031. Interest is payable annually on each July 20 with the first payment expected on July 20, 2027. The issuer may redeem the notes in whole, not in part, on specified quarterly redemption dates on or after July 20, 2027, at a redemption price equal to 100% of principal plus accrued interest. The offering will settle through DTC and is being distributed by Goldman Sachs & Co. LLC and InspereX LLC. Pricing, initial price to public, underwriting discount, and total proceeds vary by investor class and will be set in the Pricing Supplement.

The issuer, GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.), is offering medium-term structured notes linked to the Dow Jones Industrial Average, the Nasdaq-100 and the S&P 500. For each $1,000 face amount, the cash payment at maturity will be either the face amount or $1,000 plus the return of the lesser performing underlier, capped at a maximum settlement amount of $1,144. The notes pay no interest. Key dates include trade date June 24, 2026, original issue date June 29, 2026, determination date December 27, 2027, and stated maturity date December 30, 2027. The pricing supplement states an aggregate face amount of $324,000 and an original issue price equal to face amount less underwriting discount.

GS Finance Corp. is offering Leveraged Callable S&P 500® Futures Excess Return Index‑Linked Notes due 2032, guaranteed by The Goldman Sachs Group, Inc. The notes mature on June 29, 2032 and pay, per $1,000 face amount, either (a) $1,000 plus $1,000×2.43×(underlier return) if the final underlier level exceeds the initial level of 591.18, or (b) $1,000 if the final underlier level is equal to or below 591.18. The notes are non‑interest bearing, callable monthly beginning June 29, 2027 at 100% plus a specified call premium. The estimated value on the trade date was approximately $932 per $1,000 face amount; original issue price is 100% with a 4.3% underwriting discount (net proceeds 95.7%). Payments are subject to the credit risk of GS Finance Corp. and guarantor credit of The Goldman Sachs Group, Inc.

GS Finance Corp. is offering Autocallable Leveraged Index Return Notes linked to the EURO STOXX 50, due July 2, 2029, and fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The offering size is 595,000 units at $10.00 per unit ($5,950,000 aggregate). Pricing date was June 24, 2026 with settlement on July 1, 2026. The notes have an automatic call feature on the Call Observation Date July 1, 2027 that pays a $11.73 Call Payment per unit if the Observation Value is at least the Call Value (6,214.70). If not called, at maturity holders receive 200.00% participation in upside above the Starting Value and 1-to-1 downside exposure to decreases (up to 100.00% loss of principal). The initial estimated value was $9.66 per $10 principal amount and the underwriting discount is $0.20 per unit. Minimum initial purchase is $100,000.

GS Finance Corp. is offering structured, equity‑linked notes tied to the common stock of Micron Technology, Inc. with an aggregate face amount of $750,000. The notes pay a contingent quarterly coupon and are subject to an automatic call if Micron's closing level meets or exceeds the initial level on any call observation date. If not called, the cash settlement at maturity on December 30, 2027 will equal $1,000 per $1,000 face amount when the final underlier level is at or above 50% of the initial level; if below 50% the payment equals $1,000 plus $1,000 times the underlier return, which can result in a complete loss of principal. The initial underlier level is $1,051.77 (closing level on June 23, 2026). Coupon payments and call/settlement mechanics are governed by observation dates through December 27, 2027, and Goldman Sachs & Co. LLC serves as calculation agent.

GS Finance Corp. is offering equity-linked, principal-at-risk notes guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and settle in cash at maturity based solely on the performance of the single lesser performing underlier among the Dow Jones Industrial Average, Russell 2000 and S&P 500. For each $1,000 face amount, if every final underlier level is at or above 80% of its initial level you receive a capped maximum settlement amount of $1,078. If the lesser performing underlier finishes below 80% of its initial level, you lose 1% of principal for each 1% the underlier is below its buffer; large principal losses are possible. Trade date was June 24, 2026, original issue date June 29, 2026, determination date July 26, 2027 and stated maturity July 29, 2027 (subject to adjustment). The offering shows an underwriting discount of 0.8% and net proceeds to issuer of 99.2% of face amount. These notes are not bank deposits, do not bear interest, carry issuer/guarantor credit risk, and may have limited liquidity.

GS Finance Corp. is offering fixed-coupon, buffered, ETF-linked notes due June 24, 2030, guaranteed by The Goldman Sachs Group, Inc. Each note has a face amount of $1,000 and pays a fixed coupon of $14.375 per note each quarter (1.4375% quarterly; up to 5.75% per annum). The maturity payoff depends on the performance of the Invesco Nasdaq 100 ETF (QQQM) measured from the trade date June 24, 2026 to the determination date June 18, 2030. If the final ETF level is at least 85% of the initial level of $292.63, holders receive the face amount; otherwise the cash settlement declines pro rata below the face amount, with losses increasing once the final level is below the buffer (the notes limit upside above the initial level). The estimated value on the trade date was approximately $952 per $1,000 face amount and the original issue price is 100% with an underwriting discount of 3.5%.

GS Finance Corp. is offering non-interest, principal‑at‑risk notes linked to an equally weighted basket of AMD, Broadcom, Intel, Salesforce and ServiceNow. The notes mature on July 16, 2031 unless automatically called beginning on July 9, 2027. The initial basket level is 100, the upside participation rate is 100%, and the trigger buffer level is 50%. If not called, final payoff at maturity depends on the basket return: positive returns pay participation on the face amount, moderate declines preserve principal, and declines below the trigger buffer cause proportional losses. Estimated value at pricing is between $850 and $890 per $1,000 face amount. Call premium schedule (first call premium 16.5%) and full terms appear in the supplement.

GS Finance Corp. is offering S&P 500® Index-Linked Notes due 2028 (guaranteed by The Goldman Sachs Group, Inc.). Each note has a $1,000 face amount and does not bear interest. On the stated maturity date the cash payment per $1,000 is either $1,000 (if the underlier return is zero or negative) or $1,000 plus the underlier return subject to a maximum settlement amount of at least $1,152.50. The trade date is July 31, 2026, the determination date is July 31, 2028 and the stated maturity date is August 3, 2028. Returns are capped and investors remain exposed to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.; the notes pay in cash and confer no shareholder rights in the underlier.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) offers callable, principal‑at‑risk notes linked to the common stock of Micron, NVIDIA and Tesla. The notes pay a conditional monthly coupon of $16.667 per $1,000 (1.6667% monthly) when each index stock is at or above 50% of its initial price on observation dates. Notes may be automatically called on monthly observation dates beginning June 2027; if not called, maturity is expected July 6, 2029. At maturity holders receive $1,000 if no trigger event occurs; if a trigger event occurs (all final prices below initial prices), payment is based on the lesser performing stock return and may be materially below $1,000. Estimated value on the trade date is $$925–$955 per $1,000 face amount; investors bear issuer and guarantor credit risk.

GS Finance Corp. is offering callable contingent coupon index-linked notes due 2028, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and may pay a contingent monthly coupon of 1.125% (13.5% annualized) when each underlier is at or above a 70% coupon trigger level on the coupon observation date. The notes reference the Nasdaq-100 (NDX), Russell 2000 (RTY) and S&P 500 (SPX). The issuer may redeem the notes on coupon payment dates beginning October 2026. If not redeemed, cash at maturity depends on the lesser performing underlier on the determination date January 3, 2028, with repayment ranging from 0.000% to 100.000% of face amount based solely on that lesser performing underlier. The notes will be issued on July 8, 2026 and mature on January 6, 2028. The notes are subject to the credit risk of GS Finance Corp. and its guarantor.

The offered structured notes are senior, cash‑settled notes issued by GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., linked to the S&P 500® Index. For each $1,000 face amount, maturity payments vary by final index level: gains are capped at $1,170, declines within a 15% buffer produce a positive absolute return, and declines beyond the 15% buffer expose investors to proportional losses. The notes pay no interest and are subject to issuer and guarantor credit risk, limited secondary‑market liquidity, underwriting discounts, and tax and withholding considerations.

The pricing supplement offers structured medium-term notes issued by GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., linked to the VanEck Semiconductor ETF (SMH). For each $1,000 face amount the notes pay no interest, may be automatically called on the call observation date for $1,300 per $1,000 if the underlier closes at or above the initial level, and otherwise pay a maturity cash amount that depends on the final underlier level, the 170% upside participation rate and a 70% trigger buffer. The notes carry issuer and guarantor credit risk and may result in a total loss of principal if the final underlier level is below the trigger buffer. Purchase price equals 100% of face amount; underwriting discount is 1%.

The Goldman Sachs Group, Inc. is offering callable fixed rate notes due 2031. The notes bear interest at 5.00% per annum, accrue from the original issue date (expected July 17, 2026) and pay interest annually on expected interest dates of July 17, beginning July 17, 2027. The notes have an expected stated maturity of July 17, 2031 and are callable by the issuer in whole (but not in part) on expected quarterly redemption dates on or after July 17, 2028 at a redemption price equal to 100% of principal plus accrued interest, subject to at least five business days’ prior notice. The offering will settle through DTC and the notes will be issued in book-entry form. Pricing and initial public offering price will vary by investor category and may be adjusted by the underwriters; market‑making by underwriters is possible but not guaranteed.

The offering prices linked notes issued by GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc. that pay no interest and whose maturity payoff is tied to the S&P 500® Futures Excess Return Index. Each $1,000 face amount will pay either $1,000 (if the final underlier level is equal to or below the initial level) or $1,000 plus the underlier return subject to a maximum settlement amount of $1,760. The notes were traded on June 24, 2026, issued June 29, 2026, with a determination date of June 25, 2029 and stated maturity of June 28, 2029. The original issue price equals 100% of face amount with a 1% underwriting discount (net proceeds 99%). The notes are treated as contingent payment debt instruments for U.S. federal income tax purposes and have a disclosed comparable yield of 4.7125% per annum and a projected payment at maturity of $1,152.18 based on a $1,000 investment.

GS Finance Corp. priced market-linked notes guaranteed by The Goldman Sachs Group, Inc. The securities are principal-at-risk, linked to the Russell 2000® Index, with a 300% upside participation rate subject to a maximum return of at least 20.70% (minimum $207 per $1,000 face amount). The pricing date was July 30, 2026, original issue date August 4, 2026, and stated maturity date October 5, 2027 (calculation day September 30, 2027). The estimated value at pricing is between $925 and $955 per $1,000, while the original offering price is $1,000. If the ending level is below the starting level, investors have full downside exposure and may lose some or all of principal. Payments are subject to issuer and guarantor credit risk.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering medium-term structured notes linked to the Dow Jones Industrial Average, Russell 2000 and S&P 500. The notes pay no interest and return depends solely on the lesser performing underlier measured from June 24, 2026 to June 26, 2028.

If each underlier’s final level is at least 80% of its initial level you receive a capped $1,167.50 per $1,000 face amount. If any underlier finishes below its 80% buffer, you lose 1% of face for each 1% decline below the buffer, exposing investors to substantial principal loss. The notes are issued at 100% of face with a 0.8% underwriting discount.

The Goldman Sachs Group, Inc. is offering Callable Fixed Rate Notes due January 18, 2030 that pay interest at 5.00% per annum, with an expected original issue date of July 20, 2026. Interest is payable annually on each July 20, beginning on July 20, 2027.

The notes settle through DTC as a master global note, may be redeemed in whole (but not in part) on quarterly redemption dates beginning on or after January 20, 2027 at a redemption price equal to 100% of principal plus accrued interest, and are subject to FATCA withholding rules.

GS Finance Corp. priced callable structured notes linked to the S&P 500® Futures Excess Return Index. The notes pay no interest and have a $1,000 face amount payoff arithmetic: a 124% upside participation if the final underlier > initial; return of face amount if final underlier is within 20% buffer; and pro rata losses if final underlier is more than 20% below initial. The pricing supplement shows an aggregate face amount of $495,000, original issue price at 100% of face and an underwriting discount of 1%. The notes are senior unsecured obligations of GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., and maturity is linked to the determination date of September 25, 2028 with stated maturity September 28, 2028.

GS Finance Corp. offers Autocallable Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and may be automatically called on the call observation date; if called, holders receive at least $1,130 per $1,000 on the call payment date. If not called, the cash settlement at maturity depends solely on the lesser performing underlier (the Russell 2000 and the S&P 500), with an upside participation rate of 200%, a buffer level of 85% and a buffer amount of 15%. The notes expose investors to issuer and guarantor credit risk, model-based pricing that may exceed secondary market value, limited liquidity, potential large principal loss if the lesser performing underlier falls below the buffer, and uncertain U.S. federal income tax treatment.

The Goldman Sachs Group, Inc. is offering callable fixed-rate notes due June 30, 2036 that will pay interest at 5.30% per annum from and including the expected original issue date of July 20, 2026. Interest is expected to be paid annually each July 20, with the first payment on July 20, 2027.

The notes are callable in whole (not in part) on each scheduled redemption date (expected quarterly on Jan 20, Apr 20, Jul 20 and Oct 20 on or after Jan 20, 2028) at a redemption price equal to 100% of principal plus accrued interest, with at least five business days' prior notice. The offering is being distributed by Goldman Sachs & Co. LLC and InspereX LLC, with settlement and expected delivery in New York on July 20, 2026.

GS Finance Corp. is offering principal-protected contingent coupon notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The notes mature on June 27, 2031 unless automatically called beginning March 2027. The initial underlier level is 482.74. Quarterly coupons of $27.50 per $1,000 accrue only if the index on an observation date is at or above 50% of the initial level; otherwise no coupon is paid. The index applies a 6.0% per annum daily decrement, may use up to 500% leverage with a 100% cap on daily leverage change, and can be substantially uninvested on some days. The estimated value at pricing was approximately $918 per $1,000. Issue price is 100% with an underwriting discount of 4.3% and net proceeds to issuer of 95.7%.

GS Finance Corp. offers leveraged, buffered S&P 500® index-linked notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes measure performance from an initial underlier level of 7,357.49 set on June 25, 2026 and use a 20% buffer (buffer level 80%) with an upside participation rate of 125% and a maximum settlement amount of $1,246.50 per $1,000 face. Trade date is June 26, 2026, original issue date July 1, 2026, determination date May 26, 2028 and stated maturity June 1, 2028. If the final underlier level is at or above the buffer level but not above the cap, investors receive the face amount or a capped upside; if the final level falls below the buffer, principal is reduced per the disclosed buffer-rate formula and investors could lose their entire investment. Terms are subject to the general terms supplement and pricing will be set on the trade date.

GS Finance Corp. is offering leveraged buffered MSCI EAFE index-linked notes due July 13, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and provide exposure to the MSCI EAFE Index with an upside participation rate of 150%, a 15% buffer (buffer level 85%) and a capped payout at a maximum settlement amount of $1,287 per $1,000 face amount. If the final index level is below the buffer, principal is reduced pro rata and investors may lose a substantial portion of invested principal. Timing terms: trade date July 8, 2026 and determination date July 10, 2028.

GS Finance Corp. is offering principal‑protected (subject to a 20% buffer) structured notes linked to an equally weighted basket of 9 common stocks, including Alphabet, Amazon, Microsoft and NVIDIA. The notes have an initial basket level of 100, an upside participation rate of 125%, a buffer level of 80% and are automatically callable if the basket closing level on the call observation date meets or exceeds the initial basket level, producing a minimum call payment of $1,201.50 per $1,000 face amount. Expected trade date is July 15, 2026, expected original issue date July 20, 2026, expected call observation date July 28, 2027, expected call payment date August 2, 2027, and expected stated maturity date July 19, 2028. The estimated value at pricing is $900–$930 per $1,000 face amount, reflecting fees, costs and credit spread; payments are subject to issuer and guarantor credit risk and calculation‑agent discretion.

GS Finance Corp. offers non-interest-bearing, principal-at-risk notes linked to an equally weighted 7-stock basket including CEG, FANG, ETN, KLAC, LHX, MP, and TXN. The notes have an initial basket level of 100, an upside participation rate of 125%, a buffer level of 80% and an automatic-call feature expected on July 28, 2027. If called, each $1,000 face amount will pay at least $1,209.50. If not called, maturity (expected July 19, 2028) payoff depends on final basket performance: positive returns receive 125% participation, small declines down to -20% return the $1,000 face amount, and declines beyond -20% reduce principal according to the buffer formula. Estimated model value at terms is between $900 and $930 per $1,000 face amount. These notes are unsecured obligations of GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc., exposing holders to issuer and guarantor credit risk.

GS Finance Corp. is offering principal-protected-style notes linked to an equally weighted basket of nine common stocks guaranteed by The Goldman Sachs Group, Inc. The notes have an initial basket level of 100, expected trade date June 26, 2026, original issue date July 1, 2026 and stated maturity expected on July 14, 2027.

The notes are automatically called on any observation date if the basket closing level is greater than or equal to the initial basket level; automatic call pays the $1,000 face amount plus a coupon. Coupons are payable only if the basket closing level on a coupon observation date is at least 80% of the initial basket level and follow the stated formula of $54.975 times the number of observation dates less previously paid coupons. At maturity, if the final basket level is below 80% of the initial basket level, holders receive $1,000 adjusted by the basket return and may lose a substantial portion of principal. The estimated value on the trade date is $900–$930 per $1,000 face amount. Investors remain exposed to the credit risk of GS Finance Corp. and the guarantor.

GS Finance Corp. is offering autocallable notes linked to the VanEck Gold Miners ETF (ticker: GDX). The notes have an initial underlier level of $75.67 (closing June 25, 2026), an upside participation rate of 125% and a buffer level of 80%. If the underlier on the call observation date is greater than or equal to the initial level, the notes will be automatically called and pay $1,266 per $1,000 on the call payment date. The notes pay no interest, mature on June 29, 2028 (determination date June 26, 2028), and may result in the loss of the entire investment if the final underlier level is below the buffer. Trade date is June 26, 2026 and original issue date is July 1, 2026. These notes are senior debt of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and their market value and secondary liquidity may be limited.

GS Finance Corp. offers buffered, automatically callable notes linked to Blackstone Inc. common stock with an aggregate face amount of $292,000. The notes pay a fixed coupon of $9 per $1,000 (0.9% monthly, up to 10.8% per annum), have an initial index stock price of $112.99, a buffer at 80% of that price and a stated maturity of December 30, 2027. The notes are automatically called if the index stock closing price on any call observation date equals or exceeds $112.99. At maturity, if not called, principal repayment depends on the index stock return with a 20% downside buffer; estimated value at issuance is approximately $985 per $1,000 face amount and the underwriting discount is 0.9%.

GS Finance Corp. offers $886,000 aggregate face amount of Leveraged Callable S&P 500® Futures Excess Return Index-Linked Notes due 2031, guaranteed by The Goldman Sachs Group, Inc.

The notes pay no interest, mature on June 27, 2031 (determination date June 24, 2031), and return, per $1,000 face amount, either $1,000 if the final underlier level is equal to or below the initial level or $1,000 + $1,000 × 3.25 × index return if the underlier rises. The issuer may redeem all notes on specified monthly call payment dates beginning in June 2027 at 100% of face plus a specified call premium. The estimated model value on the trade date was approximately $966 per $1,000 face amount; original issue price is 100% with an underwriting discount of 1.125%. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and its guarantor, and are linked to futures (E-mini S&P 500) rather than the cash S&P 500® Index.

GS Finance Corp. is offering equity index linked medium-term notes guaranteed by The Goldman Sachs Group, Inc., linked to an equally weighted basket of the S&P 500® and the EURO STOXX 50®. The notes have a $1,000 face amount, 100% upside participation subject to a maximum return of at least 29.5%, and repay the face amount at maturity on February 4, 2030.

The expected pricing date is July 30, 2026 with an original issue date of August 4, 2026. The estimated value on the pricing date is between $925 and $955 per $1,000 face amount; the original offering price is $1,000. Payments depend on the basket’s closing levels on the calculation day (January 30, 2030), and all payments remain subject to issuer and guarantor credit risk.

GS Finance Corp. is offering $450,000 aggregate face amount of index-linked notes due June 28, 2027, guaranteed by The Goldman Sachs Group, Inc.

The notes pay no interest and the cash payment at maturity is based on the performance of the lesser performing of the Nasdaq-100, Russell 2000 and S&P 500 indices from the trade date (June 24, 2026) to the determination date (June 23, 2027), subject to a cap level of 126.25% (maximum settlement amount $1,262.50 per $1,000) and a minimum settlement amount of $900 per $1,000. The estimated value at pricing is approximately $979 per $1,000; original issue price is 100% with an underwriting discount of 0.25%.

GS Finance Corp. is offering autocallable EURO STOXX 50® index-linked notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, may be automatically called on July 28, 2027 for a capped cash payment of $1,140 per $1,000 face amount if the underlier closes at or above the initial level on the call observation date. If not called, the maturity cash payment depends on the EURO STOXX 50® final level on the determination date and the disclosed 150% upside participation, 85% buffer and an approximately 117.65% buffer rate. The original issue price is 100% of face amount; underwriting discount is 1.5%. The trade date is July 15, 2026 and original issue date is July 20, 2026. The notes are subject to issuer and guarantor credit risk and may result in a total loss of principal.

GS Finance Corp. priced S&P 500 Daily Risk Control 5% USD Excess Return Index‑linked notes due August 2, 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity is based on the percentage change in the Excess Return index from the trade date (expected July 30, 2026) to the determination date (expected July 30, 2029). If the index finish is greater than or equal to its start, holders receive $1,000 plus $1,000 × index return × upside participation rate (at least 178%). If the index finish is lower, holders receive $1,000 plus $1,000 × absolute index decline subject to a maximum downside settlement amount of $2,000 per $1,000 face amount. The pricing supplement discloses an estimated value at issuance between $925 and $965 per $1,000 face amount and notes that payment depends on issuer and guarantor creditworthiness and index mechanics (SOFR-based borrowing cost).

Goldman Sachs published an index supplement addendum for the Goldman Sachs Momentum Builder® Focus ER Index describing its construction, controls and recent historical performance through June 1, 2026. The index shifts exposure between a multi-asset base index and non-interest bearing cash when realized volatility exceeds a 5% volatility control limit or when momentum is negative. The base index rebalances daily across up to nine underlying indices plus a return-based money market position, and the full index is subject to a 0.65% per annum deduction (accruing daily). As of June 1, 2026, the base index weight in the money market position was 71.10%, and historical annualized performance since January 2021 was 2.03% with annualized realized volatility of 3.54%. The addendum emphasizes that substantial allocations to cash-like positions have occurred and may recur and points readers to the Selected Risk Factors and accompanying prospectus materials.

GS Finance Corp. is offering S&P 500® Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return on each $1,000 face amount at maturity depends on the S&P 500 performance from the trade date to the determination date. If the final index level exceeds the initial level, holders receive $1,000 plus the index return capped at a maximum settlement amount of $1,155.50; if the final level is equal to or below the initial level, holders receive the $1,000 face amount. The trade date is June 26, 2026, original issue date July 1, 2026, determination date June 26, 2028, and stated maturity date June 29, 2028. The notes are issued in book-entry form and the calculation agent is Goldman Sachs & Co. LLC.

GS Finance Corp. is offering callable S&P 500® index-linked notes guaranteed by The Goldman Sachs Group, Inc. The notes (expected trade date July 9, 2026, original issue date July 14, 2026) mature on July 14, 2031 unless earlier redeemed.

Each $1,000 note does not pay interest and returns at maturity either (i) $1,000 plus the product of $1,000 times the upside participation rate (100%) times the index return if the final index level is greater than the initial level, or (ii) $1,000 if the index return is zero or negative. The issuer may redeem notes quarterly beginning July 14, 2027 at 100% plus a call premium (first listed at 9%).

GS Finance Corp. is offering leveraged basket-linked notes due expected August 3, 2029, guaranteed by The Goldman Sachs Group, Inc.. The notes reference an unequally weighted basket: S&P 500 (40%), TOPIX (40%) and EURO STOXX 50 (20%), with an initial basket level of 100 set on the trade date expected July 31, 2026.

For each $1,000 face amount, if the final basket level exceeds 100 the holder receives $1,000 plus the product of $1,000, a participation rate (set on the trade date and at least 130%) and the basket return. If the final basket level is between 85.0 and 100.0, the holder receives $1,000. If the final basket level is below 85.0, the holder receives $1,000 multiplied by the final basket level divided by 100 and may lose most or all principal. The issuer discloses estimated values of the notes at pricing between $925 and $965 per $1,000 face amount.

GS Finance Corp. intends to offer callable, 10-year CMT rate-linked range accrual notes due July 10, 2029, guaranteed by The Goldman Sachs Group, Inc. Interest, if any, is paid monthly beginning August 10, 2026, and is calculated by multiplying an interest factor of 6.00% by the fraction of reference dates in each interest period on which the 10-year CMT rate is ≤ 4.80%. The notes may be redeemed at issuer option on or after July 10, 2027 at 100% of face amount. The estimated value at pricing is between $925 and $975 per $1,000 face amount. Proceeds are expected to be lent to The Goldman Sachs Group, Inc.; GS&Co. is calculation agent and may make discretionary determinations affecting payments.

GS Finance Corp. offers structured, autocallable medium‑term notes linked to an equally weighted basket of six stocks, guaranteed by The Goldman Sachs Group, Inc. The notes mature on July 14, 2027 unless automatically called on observation dates beginning in October 2026.

Key economic terms: initial basket level 100, coupon trigger/trigger buffer level 80% of initial basket level, coupon component $47.4 per $1,000 face amount per qualifying observation accrual, and an estimated value on the trade date of $900 to $930 per $1,000 face amount. If the final basket level is below 80%, principal is reduced pro rata by the basket return; if at or above 80%, principal payment equals $1,000 (plus any final coupon).

The filing is an index supplement to a registration statement describing notes issued by GS Finance Corp. linked to the Goldman Sachs Momentum BuilderFocus ER Index. The index applies a 5% volatility control, a momentum adjustment and daily rebalancing across up to nine underlying indices plus cash, and the full index incurs a 0.65% per annum deduction (accruing daily). The supplement highlights concentration, volatility, hedging and tax risks, the issuer and guarantor credit exposure, potential limited secondary market liquidity and that specific pricing and final terms will appear in an applicable pricing supplement.

GS Finance Corp. offers principal‑protected‑contingent notes linked to the State Street Industrial Select Sector SPDR ETF (XLI). The notes have an expected trade date of June 30, 2026, an expected original issue date of July 6, 2026 and an expected stated maturity date of September 2, 2027. For each $1,000 face amount, the notes pay at maturity either (1) a capped upside equal to 200% participation in positive ETF returns up to a $1,190 maximum settlement amount if the final ETF level is at or above 109.5% of the initial level, (2) the $1,000 face amount if the final ETF level declines but stays at or above 90% of the initial level, or (3) a loss linked to the ETF return if the final ETF level is below 90% of the initial level, potentially causing a loss of principal. The estimated value on the trade date is expected to be between $925 and $955 per $1,000 face amount and the original issue price is 100% of face amount. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and are guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering index-linked notes linked to the S&P 500® and Russell 2000® underliers. Trade date is expected to be July 31, 2026 and stated maturity is expected to be August 3, 2028.

Each note has a $1,000 face amount. The upside participation rate will be at least 106%. A 75% trigger buffer applies: if a final underlier level is below 75% of its initial level, the cash settlement is based on the negative lesser-performing underlier return and investors can lose a substantial portion or all of their investment. The estimated value at pricing is expected to be between $925 and $965 per $1,000 face amount, which is below the original issue price. Payments are subject to the issuer's and guarantor's credit risk and U.S. tax characterization as a prepaid derivative contract.