Goldman Sachs Group Inc. 424B Filings

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 have a $1,000 face amount per note, an upside participation rate of 243%, a trade date expected June 24, 2026 and a stated maturity expected June 29, 2032. The issuer may redeem the notes on monthly call payment dates beginning June 29, 2027, for specified capped call premium amounts listed in the pricing supplement. The estimated value at term-setting is expected to be between $885 and $925 per $1,000 face amount.

GS Finance Corp. offers autocallable, equity‑linked notes guaranteed by The Goldman Sachs Group, Inc. The notes reference an equally weighted basket of 27 stocks, have a face amount of $10 per security, an autocall feature on July 5, 2027, and a stated maturity of June 29, 2029. Investors receive enhanced upside through an upside gearing (set on the trade date, expected between 1.50 and 1.70) but face full downside market exposure below a downside threshold of 75.00% of the initial basket level. The securities pay no coupons, are unsecured obligations of GS Finance Corp., and any payment depends on the creditworthiness of GS Finance Corp. and its guarantor.

GS Finance Corp. is offering structured, non‑interest bearing notes linked to a Class A share of Shopify Inc. The notes trade date is June 16, 2026, original issue date June 22, 2026, and stated maturity is September 21, 2027. For each $1,000 face amount, the cash payment at maturity depends on the index stock return from an initial price of $113.23 to the final closing price on the determination date. Returns are capped at a maximum settlement amount of $1,313 per $1,000 and protected only for declines up to 40% (buffer). If the final index stock price falls below the buffer price (a decline greater than 40%), investors incur a proportional loss and could lose a significant portion of principal. The estimated value on the trade date was approximately $980 per $1,000 face amount. Underwriting discount is 0.55%; net proceeds to the issuer are 99.45% of face amount. The notes are unsecured obligations of GS Finance Corp. and are subject to the credit risk of the issuer and guarantor, The Goldman Sachs Group, Inc.

The pricing supplement describes GS Finance Corp. offering $12,000,000 aggregate principal of contingent income buffered auto-callable securities linked to the common stock of Eli Lilly and Company due June 22, 2027. Each $1,000 security pays a contingent monthly coupon only if the underlying stock closes at or above the buffer price of $903.48 (80.00% of the initial share price). Securities are automatically called if the stock closes at or above the initial share price of $1,129.35 on a call observation date, in which case holders receive principal plus any then-due coupon. If not called and the final share price is below the buffer, holders suffer a downside exposure equal to 1.25% loss of principal per 1.00% decline beyond the buffer. Estimated value at pricing was approximately $996 per $1,000 principal amount.

GS Finance Corp. is offering structured, automatically callable notes guaranteed by The Goldman Sachs Group, Inc. The notes link monthly coupons to the closing prices of four index stocks (Alphabet Class C, Meta Class A, NVIDIA, Tesla). Coupons of $9.167 per $1,000 face amount (0.9167% monthly, approximately 11% per annum) are paid only when each index stock is at or above 80% of its initial price on a coupon observation date. The notes may be automatically called on call observation dates beginning in June 2027; expected trade date is June 26, 2026 and expected stated maturity is July 1, 2031. The prospectus shows an estimated value at pricing of $885 to $925 per $1,000 face amount and emphasizes credit risk, limited anti-dilution protection and potential lack of secondary-market liquidity.

GS Finance Corp. priced an offering of Principal-at-Risk notes guaranteed by The Goldman Sachs Group, Inc., with an aggregate principal amount of $5,761,000. The securities are an Auto-Callable Trigger PLUS linked to a weighted basket of five international equity indices and have a stated principal amount of $1,000 per security, a call observation date of June 23, 2027 and a stated maturity date of June 22, 2029 (each subject to adjustment).

Holders receive a fixed cash call payment of $1,116.00 (an 11.60% return) if the basket closing value on the call observation date is greater than or equal to the initial basket value. If not called, investors can receive the principal plus a leveraged upside payment equal to 140.00% of any positive basket return, receive $1,000 if the final basket value is at or above the 70.00% downside threshold, or suffer losses (possibly total loss) if the final basket value is below that threshold. The pricing date was June 16, 2026; the issuer estimated the value at approximately $959 per $1,000 principal amount and sold at 100.00% of principal with a 2.75% underwriting discount.

GS Finance Corp. is offering buffer autocallable GEARS (unsecured notes) guaranteed by The Goldman Sachs Group, Inc. linked to an unequally weighted basket of five equity indices. The terms include an autocall barrier at 100.00%, an upside gearing set between 1.80 and 2.00, a downside threshold at 90.00% and a buffer of 10.00%.

Key dates: trade date June 26, 2026, original issue date June 30, 2026, call observation date July 6, 2027, call payment date July 9, 2027, determination date June 26, 2029, stated maturity date June 29, 2029. Estimated value on the trade date is between $9.30 and $9.60 per $10 face amount; original issue price is 100.00% of face with a 2.50% underwriting discount.

The securities pay no coupons, may be automatically called early (yield capped at an 11.00% call return if called), and expose investors to principal loss if the final basket level is below the downside threshold. Payments are subject to the issuer’s and guarantor’s credit risk.

GS Finance Corp. is offering $12,646,000 aggregate face amount of contingent monthly coupon, auto-callable medium-term notes guaranteed by The Goldman Sachs Group, Inc. The notes reference the Dow Jones Industrial Average, Russell 2000 and S&P 500, pay a contingent coupon of $8.167 per $1,000 (0.8167% monthly, ~9.8% p.a.) if each underlier is >= 70% of its initial level on an observation date, and are automatically called if all underliers are >= their initial levels on a call observation date. If not called, maturity is June 20, 2031 (determination date June 16, 2031), CUSIP US40054RX716. Principal at maturity is based on the lesser performing underlier with a trigger buffer at 60% of initial; losses can be up to the full investment.

GS Finance Corp. offers S&P 500® Futures Excess Return Index‑Linked Notes due 2029, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount, does not pay interest, and pays at maturity an amount tied to the underlier return from the trade date to the determination date, subject to a maximum settlement amount of $1,760 (176% of face). If the final underlier level is equal to or below the initial level, holders receive the face amount only. Trade date is June 24, 2026, original issue date June 29, 2026, determination date June 25, 2029, and stated maturity June 28, 2029 (all dates shown in the supplement and subject to adjustment). The notes are linked to E‑mini S&P 500 futures (not the spot index), carry issuer and guarantor credit risk, are treated as contingent payment debt instruments for U.S. federal income tax purposes, and may have limited liquidity or secondary market pricing below purchase price.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering equity‑linked, cash‑settled callable notes tied to the common stock of ServiceNow, Inc. The notes have a $500,000 aggregate face amount, an original issue price of 100% of face and do not bear interest. The notes will be automatically called on the call observation date if the underlier closes at or above the initial level; in that event holders receive $1,420 per $1,000 face on the call payment date. If not called, maturity payouts depend on the final underlier level: holders share upside at a 150% participation rate above the initial level, receive principal if the final level is at or above a 50% trigger buffer, but suffer downside prorated to the underlier return if the final level is below the 50% trigger buffer (investors can lose their entire investment). Trade date is June 16, 2026, original issue date June 22, 2026, and stated maturity June 22, 2029.

GS Finance Corp. is offering autocallable contingent coupon index‑linked notes due June 27, 2028, fully guaranteed by The Goldman Sachs Group, Inc. The notes reference the Russell 2000® and S&P 500® indexes and pay a contingent monthly coupon of $8.25 per $1,000 (0.825% monthly, potential up to 9.90% per annum) only when each underlier on the coupon observation date is at or above a coupon trigger level equal to 70% of its initial level. The notes will be automatically called on quarterly call dates if, on a call observation date, both underliers are at or above their initial levels; an automatic call returns $1,000 per $1,000 plus any coupon then due. If not called, the cash settlement at maturity is based solely on the lesser performing underlier: if that underlier is below its trigger buffer (70% of initial), the holder suffers a loss equal to the lesser performing underlier return × $1,000, and could lose their entire investment. The trade date is June 22, 2026 and original issue date is June 25, 2026. Pricing models indicate the original issue price exceeds the notes' estimated model value, and holders bear the issuer/guarantor credit risk and limited secondary‑market liquidity.

GS Finance Corp. offers leveraged, ETF-linked principal-at-risk notes due 2027, guaranteed by The Goldman Sachs Group, Inc. The notes link payoff to the VanEck Semiconductor ETF (SMH) from the trade date to the determination date, with a 200% upside participation, a $1,490 maximum settlement per $1,000 face amount, and a 20% trigger buffer (80% trigger level). Terms include a trade date of June 26, 2026, original issue date July 1, 2026, determination date August 26, 2027 and stated maturity August 31, 2027. The notes pay no interest, are paid in cash at maturity, and expose holders to issuer/guarantor credit risk, limited upside due to the cap, and full downside below the trigger buffer.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering autocallable contingent coupon index-linked notes due June 28, 2029. Each note has a $1,000 face amount and pays a monthly contingent coupon of $10.834 (1.0834% monthly, ~13.00% per annum) when each underlier is >=70% of its initial level on coupon observation dates. The notes are linked to the Dow Jones Industrial Average, Nasdaq-100 and Russell 2000. If, on any call observation date, all three underliers are >= their initial levels the notes will be automatically called at $1,000 plus any coupon then due. If not called, the cash settlement at maturity depends solely on the lesser performing underlier, and a final underlier level below 70% can produce substantial principal loss, including a possible loss of the entire investment.

GS Finance Corp. offers callable S&P 500® Futures Excess Return Index‑linked notes due June 20, 2031, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount (aggregate $1,196,000), an initial underlier level of 603.83, and an upside participation rate of 200%. The notes pay no interest, may be redeemed at issuer option on specified call payment dates beginning in June 2027, and settle at maturity based on the final underlier level on the determination date. A buffer of 80% of the initial level protects against some downside: if the final level is below 80% you will incur a loss tied to the underlier return plus the 20% buffer.

GS Finance Corp. is offering $20,395,000 aggregate of Auto-Callable Trigger PLUS principal‑at‑risk notes linked to the EURO STOXX 50® Index, with an original issue price of 100.00% and an estimated value of approximately $953 per $1,000. The notes pay a fixed $1,172 per $1,000 if the index is at or above the initial index value on the call observation date, otherwise final payoff at maturity (June 20, 2031) depends on index performance with a 150.00% leverage factor on any positive index return and a downside threshold equal to 75.00% of the initial index value (4,693.065). Investors bear credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., face the risk of loss of principal if the final index value is below the downside threshold, and should review tax and liquidity disclosures in the pricing supplement.

GS Finance Corp. is offering $2,165,000 aggregate face amount of medium‑term contingent quarterly coupon notes, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., with an original issue price of 100% of face amount and an underwriting discount of 0.85%. The notes pay a contingent quarterly coupon of $30.75 per $1,000 (3.075% quarterly, up to 12.30% per annum) only if each underlier closes at or above its coupon trigger level (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 relative to its initial level, with a trigger buffer at 60%; losses can equal up to the full principal. The issuer may redeem the notes on coupon payment dates commencing September 2026 through March 2031. Trade date: June 16, 2026; Original issue date: June 22, 2026; Stated maturity: June 20, 2031.

GS Finance Corp. is offering $ Callable Contingent Coupon Index-Linked Notes due May 31, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent monthly coupon of $10.417 per $1,000 (1.0417% monthly, potential ~12.5% per annum) when each underlier is at or above a 70% coupon trigger. If any underlier is below its 70% trigger buffer at maturity, the cash settlement equals $1,000 × the lesser performing underlier return; investors may lose up to their entire investment. The notes may be redeemed at issuer option on coupon payment dates beginning in September 2026. Trade date is June 25, 2026 and original issue date is June 30, 2026.

GS Finance Corp. is offering autocallable, contingent-coupon index-linked notes due in 2029, guaranteed by The Goldman Sachs Group, Inc. These notes pay quarterly coupons of $31.25 per $1,000 (3.125% quarterly, potential 12.5% per annum) only if each index stays at or above 70% of its initial level on every trading day of a quarterly observation period.

If not automatically called, principal at maturity depends on the lesser performing index: full face amount is returned if that index is >= 60% of its initial level; otherwise the cash settlement equals $1,000 plus the lesser performing index return times $1,000, which can result in losses up to the full investment. The trade date is expected to be June 22, 2026, original issue date expected June 25, 2026, and stated maturity is expected June 27, 2029. The estimated value at pricing is stated as $925–$965 per $1,000 face amount.

GS Finance Corp., issuer for Goldman Sachs, is offering notes with an aggregate face amount of $285,000. The notes reference the common stock prices of Advanced Micro Devices, Intel and Micron and mature on June 20, 2031, subject to automatic monthly calls beginning in June 2027. Coupons are monthly: the maximum coupon is $11.542 per $1,000 (about 13.85% annually) and the minimum coupon is $0.209 per $1,000 (about 0.25% annually). Notes are automatically called if each index stock’s closing price on an observation date is at least its initial price ($547.26 for AMD, $127.86 for Intel, $1,087.99 for Micron). The estimated value on the trade date was approximately $948 per $1,000. Original issue price is 100% with an underwriting discount of 3.625% and net proceeds to issuer of 96.375%.

The pricing supplement describes a GS Finance Corp. medium-term structured note linked to the S&P 500® Index with an aggregate face amount of $1,070,000. Each $1,000 face amount participates at a 150% upside participation rate and is capped on an automatic call payment at $1,122.50 per $1,000 if the index on the call observation date is at or above the initial level.

The notes pay no interest, may be automatically called on June 21, 2027 (call payment June 24, 2027), and mature on June 20, 2031 (determination date June 16, 2031). If not called, maturity payoff depends on index performance: positive returns receive 150% of upside; negative returns pass through the underlier return, so investors could lose their entire investment. Original issue price is 100% of face with a 0.5% underwriting discount.

The Pricing Supplement dated June 16, 2026 offers Performance Leveraged Upside Securities (PLUS), unsecured notes issued by GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc. The offering initially totals $5,797,000 of principal and pays at maturity based on S&P 500® Index performance from the pricing date to the valuation date. Each $1,000 PLUS returns $1,000 plus a 300% leverage of any index appreciation, capped at a $1,164.00 maximum payment per PLUS. If the index declines, investors lose principal on a 1:1 basis; there is no minimum payment. Pricing date: June 16, 2026; original issue date: June 22, 2026; valuation date: September 30, 2027; stated maturity: October 5, 2027. The original issue price is the stated principal amount and underwriting discounts total 2.25%.

GS Finance Corp. is offering $4,824,000 aggregate face amount of Market Linked Securities—auto-callable notes linked to the Class A common stock of CoreWeave, Inc., due June 22, 2029, guaranteed by The Goldman Sachs Group, Inc.

The notes pay a contingent coupon of $68.00 per $1,000 (equivalent to 27.20% per annum) on quarterly observation dates if the stock closing price meets the coupon threshold (50% of the starting price). The starting price is $117.03, the coupon and downside thresholds equal 50% of that starting price, and the estimated value at pricing was approximately $940 per $1,000 face amount. The offering carries an underwriting discount of $23.25 per $1,000 (2.325%).

GS Finance Corp. is offering bearish, leveraged, Dow Jones Industrial Average®-linked notes due August 23, 2027, guaranteed by The Goldman Sachs Group, Inc.. Each note has a $1,000 face amount and a 200% participation rate: if the final index level is below the initial level, holders receive $1,000 plus twice the index return (capped at $3,000); if the index is equal or higher, the cash payment equals $1,000 plus the index return (minimum $0), and a final index at or above 200% of the initial level results in total loss. Trade date is expected to be June 18, 2026 with an original issue date expected to be June 24, 2026. The estimated value at pricing is between $925 and $965 per $1,000 face amount. The notes do not bear interest, are unsecured, and are subject to issuer and guarantor credit risk. The calculation agent is Goldman Sachs & Co. LLC.

GS Finance Corp. is offering buffered S&P 500® index-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay at maturity based on the S&P 500 performance from the trade date (expected July 1, 2026) to the determination date (expected July 2, 2029). For each $1,000 face amount, holders receive $1,000 if the final index level falls up to 30% below the initial level (trigger buffer = 70% of initial). If the index return is positive, the payoff equals $1,000 plus 93.5% of the index return times $1,000. If the final index level declines by more than 30%, the cash payment declines pro rata and investors could lose the entire investment. The pricing supplement states an estimated value at pricing of between $925 and $955 per $1,000 face amount and notes do not bear interest.

GS Finance Corp. is offering EURO STOXX 50® index-linked notes due 2031, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount; the trade date is June 30, 2026 and the original issue date is July 6, 2026. The notes pay no interest and return at maturity depends on the EURO STOXX 50® performance from the trade date to the determination date (June 30, 2031) with cash settlement on the stated maturity date (July 3, 2031).

If the final underlier level is ≥ the trigger buffer level (75% of the initial level), holders receive the greater of the threshold settlement amount (at least $1,380) or $1,000 plus $1,000×underlier return. If the final level is below the trigger buffer level, losses are proportional to the underlier decline and investors could lose their entire investment. Original issue price is $1,000 (100% of face); underwriting discount is 3% and net proceeds are 97%.

GS Finance Corp. is offering autocallable buffered notes linked to the iShares® Semiconductor ETF (SOXX). Each note has a $1,000 face amount, an upside participation rate of 125% and a 20% buffer (buffer level = 80%). The notes are expected to be priced on the trade date June 30, 2026, issued on July 6, 2026, have an automatic call observation date of July 7, 2027 with a call payment date of July 12, 2027, and a stated maturity expected on July 6, 2028 (determination date expected June 30, 2028).

If the notes are automatically called, holders will receive at least $1,275 per $1,000 face amount. If not called, maturity payout is linked to ETF performance: positive ETF return -> 1.25x ETF return; ETF decline up to 20% -> return of principal; decline greater than 20% -> loss calculated as ETF return plus 20%. The estimated value at pricing is between $925 and $955 per $1,000 face amount; original issue price is 100% and underwriting discount is 1.75% (net proceeds 98.25% of face).

The notes do not bear interest, are unsecured obligations of GS Finance Corp. and are guaranteed by The Goldman Sachs Group, Inc.; payments are subject to the issuer’s and guarantor’s credit risk. The notes do not confer shareholder rights in the ETF and contain broad calculation‑agent discretions and market‑disruption provisions.

GS Finance Corp. is offering autocallable, contingent-coupon notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes reference three ETF underliers: VanEck Gold Miners ETF (GDX), State Street Energy Select Sector ETF (XLE), and State Street Utilities Select Sector ETF (XLU). Coupon payments equal $17.084 per $1,000 (1.7084% monthly, ~20.5% per annum) on any coupon date when each underlier's closing level is at least 70% of its initial level. The notes are automatically called if, on any call observation date, each underlier's closing level is at or above its initial level; if not called, principal at maturity is tied to the lesser performing underlier and can result in a loss of principal down to 0%.

The trade date is June 26, 2026, original issue date July 1, 2026, and stated maturity June 29, 2029. The cash settlement and coupon mechanics depend on observation-date comparisons to the initial underlier level and the 70% coupon/trigger buffer threshold.

The Goldman Sachs Group, Inc. is offering fixed rate notes with a principal amount of $1,000,000. The notes bear interest at 5.10% per annum, accrue from the original issue date of June 18, 2026, and mature on June 18, 2036. Interest is payable annually on June 18 beginning June 18, 2027, using a 30/360 (ISDA) day-count convention.

The offering price is 100% of principal with an underwriting discount of 1.4%, leaving net proceeds to the issuer of 98.6% of principal. The notes will be issued in book-entry form as a master global note registered in the name of DTC, will not be listed on an exchange, and may be resold in market-making transactions by Goldman Sachs affiliates.

GS Finance Corp. is offering Autocallable Contingent Coupon Equity-Linked Notes due 2027, guaranteed by The Goldman Sachs Group, Inc., linked to the common stock of Amazon.com, Inc. The trade date is June 25, 2026, the original issue date is June 30, 2026, and the stated maturity date is December 30, 2027.

The notes pay contingent quarterly coupons only if the closing level of the underlier is at or above a 65% coupon trigger on each coupon observation date and will be automatically called if the closing level on a call observation date is at or above the initial underlier level. At maturity, if not called, the cash settlement per $1,000 face amount depends on the final underlier level versus a 65% trigger buffer, potentially resulting in a loss of principal down to the percentage return of the underlier.

GS Finance Corp. priced leveraged buffered basket-linked notes guaranteed by The Goldman Sachs Group, Inc. The notes reference a basket weighted 50% S&P 500®, 30% MSCI EAFE and 20% MSCI Emerging Markets, with an initial basket level of 100, an upside participation rate of 150% and a buffer of 15% (buffer level 85%). At maturity (expected April 27, 2028) investors receive cash per $1,000 face amount that is capped at a $1,244 maximum settlement amount and protects only the first 15% of basket decline; larger declines reduce principal. Trade date is expected June 23, 2026. The estimated value at pricing is between $925 and $955 per $1,000 face amount.

GS Finance Corp. is offering $autocallable notes linked to the VanEck Semiconductor ETF (ticker: SMH) with a stated maturity of June 28, 2029 and an original issue date of June 29, 2026. The notes pay no interest and may be automatically called on the call observation date if the underliers closing level is greater than or equal to the initial level; an automatic call would produce a fixed cash payment of $1,300 per $1,000 face amount on the call payment date.

If not called, payoff at maturity depends on the final underlier level: if the final level is above the initial level you receive $1,000 plus 170% of the underliers return; if the final level is at or above 70% of the initial level you receive $1,000; if below 70% you receive $1,000 multiplied by the underlier return and could lose your entire investment. Payments are subject to issuer/guarantor credit risk and other structural and market risks described in the supplement.

The Goldman Sachs Group, Inc. is offering fixed rate notes under its Medium-Term Notes, Series N program. The notes have a stated maturity of June 18, 2036, an interest rate of 5.25% per annum and an original issue date of June 18, 2026. Interest is paid annually each June 18 beginning June 18, 2027. The pricing supplement shows an original issue price of 100% of principal, an underwriting discount of 0.3% and net proceeds to the issuer of 99.7% of principal. 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. priced contingent income auto-callable securities due June 29, 2028. These unsecured notes, guaranteed by The Goldman Sachs Group, Inc., pay a contingent quarterly coupon only if each of the S&P 500®, Russell 2000® and Nasdaq-100® closes at or above a downside threshold level equal to 70.00% of its initial index value on coupon observation dates. Each security has a $1,000 stated principal amount and may be automatically called early if, on any call observation date, each index closes at or above its initial index value. If not called, payment at maturity depends on the worst performing index performance factor, exposing holders to 1:1 downside below the threshold; upside is limited to coupons and principal (no participation in index appreciation). Pricing is expected on June 26, 2026 with an estimated secondary-market model value range of $925 to $985 per $1,000 principal amount.

GS Finance Corp. prices Buffer Autocallable GEARS linked to an unequally weighted basket of five equity indices. The securities reference an initial basket level of 100, an expected upside gearing between 1.80 and 2.00, a downside threshold of 90.00% (a 10.00% buffer) and a call return of 11.00%. The trade date is expected to be June 26, 2026, original issue date June 30, 2026, call observation date expected July 5, 2027 and stated maturity date expected June 29, 2029. Payments at call or maturity depend on the closing basket level on specified observation dates and are subject to the creditworthiness of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. is offering autocallable contingent coupon notes linked to the First Trust Nasdaq Cybersecurity ETF, due expected June 22, 2029, and guaranteed by The Goldman Sachs Group, Inc. The notes are issued in $1,000 denominations. Coupons of $21 per $1,000 (2.1% quarterly; 8.4% annualized) are paid on a coupon payment date if the ETF closing level on the related coupon observation date is at least 70% of the initial ETF level. Observation dates are expected quarterly beginning September 2026; call observation dates commence September 2026 through March 2029. Notes will be automatically called if the ETF closing level on any call observation date is at least the initial ETF level; called notes pay principal plus the then-due coupon. At maturity, if not called, cash settlement equals $1,000 if the final ETF level is at least 70% of the initial level; otherwise the cash settlement equals $1,000 plus $1,000 times the ETF return, which could result in a loss of principal (potentially substantial). The estimated value at terms set on the trade date is between $925 and $955 per $1,000 face amount. Credit risk rests with the issuer and guarantor; GS&Co. is calculation agent and may make market in the notes.

GS Finance Corp. is offering non-interest-bearing, callable notes linked to the common stock of Intel Corporation. The notes are expected to trade on June 26, 2026, have a stated maturity expected on June 29, 2029, and may be automatically called on scheduled call observation dates beginning in June 2027.

The notes pay no interest, have a $1,000 face amount per note, and include a capped upside: automatic redemption occurs if the index stock closing price on a call observation date is ≥ 75% of the initial index stock price; a separate 50% trigger buffer governs the principal protection breakpoint. The estimated initial model value is between $925 and $955 per $1,000 face amount.

GS Finance Corp. offers market-linked notes due June 27, 2030 that pay principal and potential upside based on the lesser performing of three State Street sector ETFs (XLF, XLY, XLV). The notes have an automatic call feature beginning June 23, 2027 with scheduled call premiums and a capped maturity payout.

For each $1,000 face amount, the maturity premium is 44%, the trigger buffer level is 70%, and the estimated value on the trade date is between $905 and $945 per $1,000 face amount. The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and carry issuer and guarantor credit risk.

GS Finance Corp. is offering leveraged, Russell 2000® index‑linked notes guaranteed by The Goldman Sachs Group, Inc. The notes do not bear interest and have an expected stated maturity date of June 29, 2029 with a trade date expected to be June 26, 2026.

For each $1,000 face amount, the notes pay 1.5× the index return when positive, capped by a $1,315 maximum settlement and protected on the downside by a $950 minimum settlement. The offering lists an original issue price at 100% of face amount and an estimated value at issuance of $925–$955 per $1,000 face amount. Payments are unsecured and subject to the credit risk of the issuer and guarantor.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering Trigger Autocallable GEARS linked to the EURO STOXX 50® Index. The notes have a $10 face amount per security, an expected trade date of June 26, 2026, original issue date June 30, 2026 and a determination date of June 26, 2031 with stated maturity July 1, 2031.

The terms include an autocall barrier at 100.00% of the initial index level, an expected upside gearing between 1.50 and 1.66, a downside threshold at 75.00% of the initial index level and a call return of 18.00%. If automatically called on the call observation date, each $10 face amount would pay $10 plus $10 times the call return. Estimated model value at pricing is $9.35–$9.65 per $10 face amount; original issue price equals 100.00% of face amount and underwriting discount is 2.50%. All payments are subject to the issuer’s and guarantor’s credit risk and the securities do not pay interest.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal-at-risk notes linked to the S&P 500® Futures Volatility Plus Daily Risk Control Index. Each note has a $1,000 face amount and an expected trade date of June 25, 2026 with an expected original issue date of June 30, 2026 and a stated maturity date of June 30, 2031. Monthly coupons may be paid only if the index closing level on an observation date is at least 85% of the initial level; otherwise the coupon for that payment date is $0. Notes will be automatically called if an observation-date closing level is at or above the initial level, in which case holders receive the face amount plus any then-due coupon. At maturity (if not called), holders receive $1,000 if the final index level is at least 85% of the initial level; if the final level is below 85%, the cash settlement amount is reduced pro rata and could result in a substantial loss of principal. The notes are unsecured obligations subject to the issuer's and guarantor's credit risk. The issuer estimates an initial model value between $885 and $925 per $1,000 face amount at pricing.

GS Finance Corp. offers contingent monthly‑coupon, autocallable notes linked to Marvell Technology, Inc. common stock (ticker: MRVL). Each $1,000 note pays a contingent coupon of $36.25 on a coupon payment date if the underlier closes at or above 50% of the initial level; otherwise no coupon. Notes are automatically called if the underlier closes at or above the initial level on any call observation date, in which case holders receive $1,000 plus any coupon then due. If not called, final cash at maturity per $1,000 depends on the final underlier level: at or above 50% the holder receives $1,000; below 50% the cash payment equals $1,000 plus $1,000 times the underlier return (potentially a total loss). The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and carry issuer and market‑value risk; original issue price equals face amount with a 1% underwriting discount.

GS Finance Corp. offers notes linked to an equally weighted basket of CRWD, MSFT, PANW and SNOW that mature June 21, 2028, with an automatic call feature on June 28, 2027. The notes pay no interest; they return an upside participation of 125% if the final basket level is positive, provide a 15% buffer (buffer level = 85% of initial), and apply a buffer rate of approximately 117.65% if losses exceed the buffer. The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., have an original issue price of 100%, an estimated value at pricing of approximately $946 per $1,000, and aggregate face amount initially of $5,047,000.

GS Finance Corp. is offering principal‑protected, callable notes linked to the Goldman Sachs Momentum Builder Focus ER Index (Bloomberg: GSMBFC5 Index). The offering aggregates $1,468,000 of face amount in $1,000 notes, with an upside participation rate of 100% and an initial index level of 114.15. The notes pay no interest, may be automatically called on specified annual observation dates with rising call levels and premiums, and mature on June 17, 2033 (determination date June 10, 2033).

The estimated value on the trade date was $895 per $1,000 face amount, below the issue price; an additional amount of $58.75 is scheduled to decline to zero by September 14, 2026. The original issue price is 100% of face amount, with a 4.625% underwriting discount (net proceeds 95.375%). Payments at maturity are cash‑settled and depend on index performance, with a floor of the face amount if index return is zero or negative. Investors remain exposed to issuer and guarantor credit risk.

GS Finance Corp. offers $2,015,000 aggregate face amount of medium-term notes, guaranteed by The Goldman Sachs Group, Inc., tied to the common stock of GE Vernova Inc. The notes pay no interest and have an original issue price equal to 100% of face amount with a 2.35% underwriting discount.

Each $1,000 face amount will pay at maturity either the maximum settlement amount of $1,300 if the final underlier level is greater than or equal to the trigger buffer level of 61% of the initial underlier level, or otherwise a cash amount equal to $1,000 plus the underlier return (which can result in a loss of principal, including loss of the entire investment). Key dates: trade date June 15, 2026, original issue date June 18, 2026, determination date December 15, 2027, stated maturity date December 20, 2027. The initial underlier level is $979.07.

GS Finance Corp. is offering callable, principal-at-risk notes guaranteed by The Goldman Sachs Group, Inc., linked to the common stocks of Apollo Global Management, Ares Management and Blackstone. The notes have expected trade date June 26, 2026, an original issue date expected to be July 1, 2026, and an expected stated maturity date of June 29, 2029.

Coupons of $18.334 per $1,000 face amount (1.8334% monthly, ~22.00% annualized) are paid on a coupon payment date only if the closing price of each index stock on the related coupon observation date is at least 60% of its initial index stock price. The notes are automatically called if, on any call observation date commencing in June 2027, each index stock is at or above its initial price; at maturity the cash settlement depends on the lesser performing index stock return with a downside that can deliver substantially less than principal (potentially 0%–60% of face amount depending on final performance).

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering principal-protected structured notes linked to the common stocks of Advanced Micro Devices, Inc., Intel Corporation and Micron Technology, Inc.. The notes have an expected trade date of June 22, 2026, an original issue date expected to be June 25, 2026 and a stated maturity expected to be June 26, 2031. Coupons are paid monthly and are conditional: the maximum coupon is $11.667 per $1,000 (≈1.1667% monthly, up to ≈14% per annum) if each index stock on a coupon observation date is ≥ 70% of its initial price; otherwise the minimum coupon is $0.209 per $1,000 (≈0.0209% monthly). The notes are subject to automatic redemption (full call) if on any call observation date each index stock is ≥ its initial price. The estimated model value on the trade date is stated as between $885 and $925 per $1,000. Payments are unsecured obligations of the issuer and depend on the issuer’s and guarantor’s creditworthiness.

GS Finance Corp. is offering structured, non‑interest bearing medium‑term notes linked to an equally weighted basket of seven stocks. The notes mature on June 21, 2028 with an automatic call on June 28, 2027 if the basket closing level is ≥ the initial level. The notes provide an upside participation rate of 125% and a buffer of 15% (buffer level = 85% of initial basket level; buffer rate ~117.65%). If automatically called, holders receive $1,213.50 per $1,000 face amount; at maturity payments depend on the final basket level, including scenarios that can result in substantial loss. Trade date is June 15, 2026; original issue date is June 18, 2026. Original issue price is 100% of face amount, underwriting discount 1.5%, net proceeds 98.5%. The estimated value on the trade date was approximately $939 per $1,000 face amount.

GS Finance Corp. offers autocallable contingent coupon index-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes have a $1,000 face amount reference and pay a contingent monthly coupon of $11.125 per $1,000 (1.1125% monthly, up to 13.35% per annum) when each underlier is at or above a coupon trigger level equal to 70% of its initial level. The underliers are the Nasdaq-100 Technology Sector Index, the Russell 2000® Index and the S&P 500® Index. The notes may be automatically called on observation dates if each underlier is at or above its initial level; if not called, the cash settlement at maturity depends on the performance of the lesser performing underlier measured on the determination date, subject to a 70% trigger buffer. Trade date is June 26, 2026, original issue date July 1, 2026, determination date June 26, 2029, and stated maturity June 29, 2029. The notes are senior unsecured obligations of GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer and guarantor credit risk.

The offering registers $1,070,000 aggregate face amount of medium-term notes issued by GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes are index-linked, automatically callable on specified annual observation dates and settle in cash at maturity based on the Goldman Sachs Momentum Builder® Focus ER Index performance.

The notes pay no periodic interest, have a 100% upside participation rate, a call level of 101.25% of the initial index level and an initial estimated value of $897 per $1,000 face amount on the trade date. The stated maturity (determination) date is June 15, 2033 (determination date June 8, 2033), and payments are subject to the issuer and guarantor credit risk and to the index methodology, fees and daily deductions described in the supplement.