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 $43,545,000 aggregate face amount of bearish autocallable, absolute-return notes linked to the Nasdaq-100 Index®, with an initial underlier level of 28,508.03 and a stated maturity of December 15, 2027. The notes pay no interest and may be automatically called if the index falls below 67% of the initial level on any call observation date; automatic call proceeds equal $1,045 per $1,000 face amount. If not called, maturity payouts depend on the final index return: investors benefit from an absolute negative index return (reduced by 10%) only when the final level is between 67% and 85.5% of the initial level, otherwise the cash payoff is limited to $1,045 per $1,000. The estimated value on the trade date was approximately $986.6 per $1,000 face amount.
The offered notes are principal-at-risk, buffer-linked notes issued by GS Finance Corp. and fully guaranteed by The Goldman Sachs Group, Inc. For each $1,000 face amount, payment at maturity depends on the S&P 500® Index performance from the trade date (June 15, 2026) to the determination date (June 15, 2028). If the final index level is at or above the initial level, you receive $1,000 plus the underlier return subject to a maximum upside of $1,225. If the index falls but not more than the 10% buffer, you receive the absolute underlier return (a decline of 5.00% yields +5.00% on the notes). If the index declines by more than the buffer, losses occur dollar-for-dollar below the buffer; material principal loss is possible. The notes pay no interest and were issued at 100% of face with a 2.55% underwriting discount. Timing and certain terms are "subject to adjustment" per the general terms supplement.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering callable, monthly-coupon notes linked to the common stock of Advanced Micro Devices, Inc., Intel Corporation and Micron Technology, Inc. The notes mature on June 20, 2031 but may be automatically called beginning in June 2027 if each index stock's closing price on an observation date is at or above its initial price. Coupons are monthly and binary: the maximum coupon is $11.542 per $1,000 face amount (about 13.85% p.a.) if each stock is ≥ 70% of its initial price on an observation date; otherwise the minimum coupon is $0.209 per $1,000 face amount (about 0.25% p.a.). The trade date is June 15, 2026 and original issue date is June 18, 2026. Aggregate initial face amount is $285,000; issue price is 100% of face amount; underwriting discount is 3.625% (net proceeds 96.375%). The estimated model value at pricing was approximately $948 per $1,000 face amount.
Payments depend on index-stock closing prices, anti-dilution adjustments, and the calculation agent's (GS&Co.) determinations; holders bear issuer and guarantor credit risk, limited anti-dilution protection, and potentially limited secondary-market liquidity.
GS Finance Corp. is offering leveraged S&P 500® Futures Excess Return Index‑linked notes due June 22, 2029, guaranteed by The Goldman Sachs Group, Inc.. Each note has a $1,000 face amount and pays no interest. Payment at maturity depends on the S&P 500 Futures Excess Return Index return from the trade date to the determination date: positive participation equals the 171% upside participation rate times the underlier return; outcomes at or above 70% of the initial level return principal; declines below 70% reduce principal pro rata, potentially to zero. Trade date is June 18, 2026; determination date is June 18, 2029. The notes are cash‑settled, subject to issuer and guarantor credit risk, model valuation differences at issuance, limited secondary liquidity, and tax characterization uncertainty.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal-protected indexed notes linked to an equally weighted basket of META, NVDA, ORCL and TSLA with a stated maturity of June 20, 2031. The notes pay a conditional monthly coupon of $9.334 per $1,000 (0.9334% monthly, ~11.2% annualized) only if the basket closing level on an observation date is at or above the coupon trigger level of 80% of the initial basket level. The notes are automatically called if a monthly observation level is at or above the initial basket level; otherwise the cash settlement at maturity depends on the basket return with a buffer protecting declines down to 85% of the initial basket level and full loss exposure below 80% of the initial level. The estimated value at pricing was approximately $925 per $1,000 face amount and the original issue price is 100% with an underwriting discount of 3.75%. Investors remain exposed to GS Finance Corp. and Goldman Sachs credit risk and to the mechanics and discretion of the calculation agent.
GS Finance Corp. is offering notes linked to an equally weighted basket of nine common stocks with an initial basket level of 100. The notes mature on June 21, 2028 and carry an automatic call if the basket closing level on the call observation date (June 28, 2027) is >= the initial level, producing a pre-set cash payment of $1,196 per $1,000 face amount on the call payment date.
If not called, maturity payment depends on the basket return: positive returns receive 125% upside participation; returns down to a -20% buffer result in repayment of principal; declines below the buffer expose investors to losses, with payoffs calculated using a 125% buffer rate. The estimated value on the trade date is approximately $944 per $1,000 face amount; original issue price is 100% with a 1.5% underwriting discount.
GS Finance Corp. offers $525,000 face amount of Russell 2000®-linked, principal-at-risk notes guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity is tied to the Russell 2000 performance from June 15, 2026 to June 15, 2028. A 10% buffer protects against declines up to 10%, producing an absolute positive return when the index falls but not more than the buffer; losses occur if the final level is below the buffer, and the cash payoff is capped at a $1,330 maximum per $1,000 face amount. Initial issue price is 100% of face with an underwriting discount of 2.55%. Notes mature on June 21, 2028. The notes are treated as pre-paid derivative contracts for U.S. federal income tax purposes per the issuer's counsel opinion.
GS Finance Corp. is offering structured, non‑interest notes linked to an unequally weighted basket of four underliers with an aggregate face amount of $795,000 on the original issue date. The notes mature on June 23, 2031 and are callable if the basket closing level on the call observation date ( June 17, 2027) is ≥95% of the initial basket level, triggering a cash payment of $1,120 per $1,000 face amount. At maturity, holders receive: if basket return >0, $1,000 + $1,000 × 150% × basket return; if basket return between 0% and -40%, $1,000; if basket return < -40%, $1,000 + $1,000 × basket return. Initial basket level is 100; trigger buffer level is 60; upside participation rate is 150%. The estimated value on the trade date is approximately $970 per $1,000 face amount; original issue price is 100% with a 1% underwriting discount (net proceeds 99%). These are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and exposed to issuer/guarantor credit risk.
GS Finance Corp. offers Market Linked Securities—Auto-Callable with Fixed Percentage Buffered Downside (due July 6, 2029) guaranteed by The Goldman Sachs Group, Inc.. Each security has a $1,000 face amount, a 15.00% buffer (threshold = 85.00% of starting price) and scheduled call dates with fixed call premiums. If a call condition is met on a call date, holders receive the face amount plus the applicable call premium; if not called, maturity payment equals $1,000 minus the 1-to-1 loss beyond the 15.00% buffer, meaning investors may lose up to 85.00% of face amount. The estimated value at pricing is between $925 and $955 per $1,000; the original offering price is $1,000 with underwriter discounts up to $25.75 (proceeds to issuer per security $974.25).
GS Finance Corp. is offering market-linked notes linked to the S&P 500® Index, guaranteed by The Goldman Sachs Group, Inc., with an expected trade date of June 26, 2026 and a stated maturity of June 30, 2033. The notes pay the face amount at maturity if the final index level is equal to or below the initial index level; if the index rises, holders receive the index return multiplied by a 100% participation rate up to a capped maximum settlement amount. The expected maximum settlement amount per $1,000 face amount is between $1,688.00 and $1,738.00, corresponding to an expected maximum return between 68.80% and 73.80%. The estimated value on the trade date is between $930 and $960 per $1,000 face amount; the original issue price is 100.00% of face amount, with an underwriting discount of 3.50%.
The notes do not pay interest, are unsecured, carry issuer and guarantor credit risk, may have limited secondary market liquidity, and are treated as contingent payment debt instruments for U.S. federal income tax purposes. The pricing supplement and accompanying documents describe material risks, tax treatment, and suitability considerations.
GS Finance Corp. priced a Buffer Autocallable GEARS linked to the S&P 500® Index, guaranteed by The Goldman Sachs Group, Inc. The notes have a $10 face amount, trade date expected June 26, 2026, original issue date expected June 30, 2026, determination date expected June 26, 2029, and stated maturity expected June 29, 2029.
The terms include an autocall at 100.00% of the initial index level with a 9.00% call return, upside gearing expected between 1.15 and 1.355, a 10.00% buffer and a downside threshold of 90.00% of the initial index level. Estimated model value at issuance is between $9.40 and $9.70 per $10 face amount; original issue price is 100.00% of face amount with a 2.50% underwriting discount.
GS Finance Corp. is offering $1,000 face-amount, five-year Autocallable Index-Linked Notes due June 26, 2031, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, have a 100% upside participation rate and an automatic-call feature on the call payment date if each underlier closes at or above its initial level on the call observation date; the specified automatic-call cash payment would equal $1,107 per $1,000 face amount on the call payment date. If not called, the cash settlement at maturity is based solely on the lesser performing underlier (Dow Jones Industrial Average, Nasdaq-100, S&P 500) and, under the stated examples, can result in repayment of only the face amount.
GS Finance Corp. is offering autocallable notes linked to the VanEck Gold Miners ETF (GDX) due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, may be automatically called on the June 29, 2027 observation if GDX closes at or above the initial level, and, if called, pay $1,240 per $1,000 face amount. If not called, maturity payoff on June 22, 2028 depends on final GDX performance with a 125% upside participation, a 25% buffer and a buffer-derived loss multiplier of approximately 133.33%.
GS Finance Corp. is offering leveraged buffered S&P 500® index-linked notes that pay a cash amount at maturity tied to the S&P 500’s performance from the trade date to the determination date. Each $1,000 face amount participates at a 150% upside rate, subject to a maximum settlement amount expected between $1,104.10 and $1,122.10. The notes include a 15% buffer (buffer level = 85% of the initial underlier level) that preserves principal if the final level is within the buffer; if the underlier falls below the buffer level the investor suffers a leveraged loss (the disclosure shows a 75.294% loss example when the final level is 21% of the initial level). The notes do not bear interest, are senior unsecured obligations of GS Finance Corp. and are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc.
GS Finance Corp. offers Trigger Autocallable GEARS linked to the EURO STOXX 50® Index, guaranteed by The Goldman Sachs Group, Inc. Each $10 face amount may be automatically called on the call observation date for $10 plus an 18.00% call return if the index closes at or above 100% of the initial level. If not called, maturity payoff on June 16, 2031 depends on index performance: above the initial level pays $10 plus upside gearing of 1.66 times the index return; between the initial level and 75.00% of the initial level pays $10; below 75.00% results in proportional principal loss. Original issue price is 100.00% of face amount; underwriting discount is 2.50%; estimated secondary market value on trade date is $9.35–$9.65 per $10 face amount. These securities do not pay coupons and are subject to issuer and guarantor credit risk.
The GS Finance Corp. pricing supplement describes autocallable, buffered notes linked to the iShares Semiconductor ETF (SOXX) with a $1,000 face amount per note. The notes may be automatically called on the call observation date, expected June 30, 2027, for a capped cash payment of $1,308 per $1,000 face amount. If not called, maturity is expected June 23, 2028, and payout at maturity depends on the ETF performance versus the initial level set on the trade date, expected June 17, 2026. Key mechanics include a threshold settlement amount of $1,616, an upside participation rate of 100%, an 80% buffer level and a buffer rate of 125% that magnifies losses beyond the buffer. The estimated value at pricing is stated to be between $900 and $930 per $1,000 face amount, which is below the original issue price. The notes are unsecured obligations of GS Finance Corp. guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer and guarantor credit risk, market, liquidity and tax uncertainties.
GS Finance Corp. priced a $5,968,000 offering of Trigger Autocallable GEARS linked to the S&P 500® Index, guaranteed by The Goldman Sachs Group, Inc. The notes have a trade date of June 15, 2026, original issue date June 17, 2026, a call observation date June 22, 2027 (call payment June 25, 2027) and a determination and stated maturity in June 2031.
The notes pay no coupons, are automatically called if the index closes at or above the autocall barrier (100% of initial level) on the call observation date for a fixed 9.00% call return, and at maturity provide upside exposure via an upside gearing of 1.416 if the final index level exceeds the initial level, full principal return if final index level is between the initial level and a 75.00% downside threshold, and full downside market exposure if the final index level is below that threshold. Payments are unsecured and subject to issuer and guarantor credit risk.
GS Finance Corp. is offering structured, buffered, automatically callable notes linked to an equally weighted basket of Meta, Microsoft, Netflix and Oracle. The notes mature on the stated maturity date expected to be June 26, 2031, subject to automatic calls on observation dates commencing in June 2027. Monthly coupons of $6.959 per $1,000 (0.6959% monthly, potential for ~8.35% per annum) are payable only if the basket closing level on a coupon observation date is >= the coupon trigger level (80% of the initial basket level). Investors receive principal at maturity only if the final basket level meets buffer thresholds: full principal if final basket level >= 85% (buffer level), partial principal per formula if between 80% and 85%, and a downside loss if final basket level < 80%. The estimated value on the trade date is stated as $885–$925 per $1,000 face amount.
GS Finance Corp. is offering equity-linked, principal-at-risk notes tied to the common stock of Marvell Technology, Inc. The offering has an aggregate face amount of $1,250,000 and a per-note face amount of $1,000. The notes pay no interest and mature on June 17, 2027 (determination date June 14, 2027), with performance measured from an initial underlier level of $280.71 set on June 11, 2026. If the final underlier level is greater than or equal to the trigger buffer level (50% of the initial level), holders receive a capped maximum settlement amount of $1,405 per $1,000 face amount. If the final underlier level is below the trigger buffer, investors suffer losses equal to the underlier return times the face amount and could lose their entire investment. Original issue price is 100% of face amount, underwriting discount 1.75%, net proceeds 98.25%.
GS Finance Corp. priced callable indexed notes (guaranteed by The Goldman Sachs Group, Inc.) linked to the Goldman Sachs Momentum Builder® Focus ER Index (Bloomberg: GSMBFC5 Index). The issuer offered an aggregate face amount of $1,468,000 at an original issue price of 100% of face with underwriting discount of 4.375%. The notes pay no periodic interest and feature annual automatic call opportunities beginning June 14, 2027, with call levels at 101% of the initial index level and escalating call premiums through June 14, 2032. If not called, maturity is June 16, 2033 (determination date June 13, 2033) and the cash settlement depends on index performance with an upside participation rate of 100%. GS&Co.'s estimated value at trade date was $897 per $1,000 face; the pricing includes an additional amount that declines to zero on September 11, 2026. The index methodology includes daily rebalancing, a 5% realized volatility control, a momentum risk control, and a 0.65% per annum deduction (accruing daily), all of which can materially reduce index exposure to underlying assets and allocate weight to cash positions.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering $1,730,000 aggregate face amount of contingent monthly-coupon notes linked to the Russell 2000® and the S&P 500®. The notes pay a contingent monthly coupon of $8.75 per $1,000 (0.875% monthly, up to 10.50% per annum) when each underlier is at or above 70% of its initial level on a coupon observation date. The cash settlement at maturity (stated maturity June 17, 2031) — if the notes are not automatically called — is based solely on the performance of the lesser performing underlier versus its initial level with a trigger buffer at 60% of the initial underlier level; you could lose your entire investment if the lesser performing underlier falls below that buffer. The notes include an automatic-call feature (called if each underlier is >= its initial level on a call observation date), are issued at 100% of face with a 0.5% underwriting discount, trade date June 12, 2026, and are cash-settled with no shareholder rights in the underliers.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering non-interest notes linked to an equally weighted basket of nine common stocks. The notes have an original issue date of June 17, 2026, an original issue price of 100% of face and aggregate face amount of $4,057,000 on the original issue date. The notes mature on June 15, 2028 unless automatically called on the call observation date of June 25, 2027. If called, each $1,000 face amount pays $1,198.5 on the call payment date. At maturity the cash payment per $1,000 depends on the basket return: positive returns receive 125% upside participation, returns between 0% and -20% return principal, and declines below -20% are reduced using a 20% buffer and a buffer rate of 125%. The estimated value on the trade date was approximately $945 per $1,000 face amount. Terms, anti-dilution adjustments and valuation are subject to determinations by the calculation agent.
GS Finance Corp. is offering Autocallable Leveraged Index Return Notes linked to the common stock of NVIDIA Corporation with a $10 principal amount per unit and approximately $7,260,000 aggregate principal on the settlement date. The notes mature June 20, 2028 if not automatically called on the Call Observation Date, June 21, 2027. If called, holders receive a $12.66 Call Payment per unit. If not called, maturity payoffs depend on NVIDIA's Ending Value: a 150.00% Participation Rate on gains, an absolute-value positive return for declines down to the Threshold Value ($143.63, 70.00% of the Starting Value), and full 1-to-1 downside below the Threshold Value with up to 100.00% of principal at risk. Estimated value at pricing was approximately $9.74 per $10 unit; public offering price is $10. All payments are subject to GSFC and The Goldman Sachs Group, Inc. credit risk and limited secondary-market liquidity.
GS Finance Corp. is offering $3,066,000 aggregate face amount of medium-term notes that pay a contingent monthly coupon and feature an automatic call tied to the performance of the common stock of Tesla, Inc. (Bloomberg: "TSLA UW"). The notes reference an initial underlier level of $406.43 and use a coupon trigger level of 50% and a trigger buffer level of 50%. Trade date is June 12, 2026, original issue date June 17, 2026, and stated maturity date is June 20, 2029. Coupons accrue as specified (effectively $8.75 per coupon observation increment) and coupons are paid only when the underlier meets the trigger. If the notes are not called and the final underlier level is below the trigger buffer level, the cash settlement is based on the underlier return and investors could lose their entire investment. Payments depend on the underlier and the creditworthiness of GS Finance Corp. and The Goldman Sachs Group, Inc.
GS Finance Corp. is offering Bearish Autocallable Absolute Return S&P 500® Index‑Linked Notes due 2027 with an aggregate face amount of $3,609,000. The notes reference the S&P 500® Index (initial level 7,431.46) and pay at maturity or on a call payment date depending on index performance.
The notes mature on September 16, 2027 (determination date September 13, 2027). They are automatically redeemed if the index closing level on any call observation date is less than 80% of the initial level. If not called, payouts range from the face amount to a capped contingent return of 5.25%. The estimated value on the trade date was approximately $988 per $1,000 face amount.
GS Finance Corp. priced contingent monthly coupon, three-year notes due June 15, 2029. The offering aggregates $4,300,000 face amount and pays a contingent monthly coupon of $15.417 per $1,000 (1.5417% monthly, up to ~18.50% per annum) when each underlier is at least 70% of its initial level on a coupon observation date. The notes are linked to the Russell 2000 Index, the S&P 500 Index and the VanEck Gold Miners ETF and include an automatic call if all underliers are at or above their initial levels on any call observation date. At maturity, if not called, principal repayment is based on the performance of the lesser performing underlier versus its initial level (with a 60% trigger buffer); investors may lose their entire investment if that underlier declines sufficiently. The notes are senior unsecured obligations of GS Finance Corp., unlisted, and guaranteed by The Goldman Sachs Group, Inc.
GS Finance Corp. is offering structured, non‑interest bearing notes linked to an equally weighted basket of 10 specified common stocks, with an initial basket level of 100. The notes have a trade date of June 12, 2026, original issue date June 17, 2026, automatic call observation on June 21, 2027 (call payment June 24, 2027) and a stated maturity of June 15, 2029. If the basket closing level at the call observation date is ≥ the initial basket level, the notes are automatically called and pay $1,150 per $1,000 face amount. If not called, maturity payoffs depend on the basket return: a positive basket return receives 1.25× participation, a zero or modest negative return (down to -30%) yields the absolute positive return, and declines worse than -30% produce a pro rata loss (potentially losing most or all principal).
The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., carry estimated model value of approximately $926 per $1,000 face amount at pricing, and include an underwriting discount and structuring fee totaling up to 2.65%. Pricing, market value, anti‑dilution adjustments, market disruption provisions and calculation‑agent discretion are described in the supplement.
GS Finance Corp. is offering $2,135,000 aggregate face amount of Capped Buffer GEARS linked to the SPDR® Gold Trust (GLD), due June 15, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes provide 2.00x upside gearing up to a 26.70% cap (maximum settlement amount $12.67 per $10 face) and a 10.00% buffer (downside threshold 90.00% of the initial ETF price). The initial underlying ETF price is $386.54 (set on the trade date). The estimated model value on the trade date was approximately $9.70 per $10 face and the original issue price is 100.00% of face amount; underwriting discount is 2.00%. Payments are subject to issuer and guarantor credit risk and the buffer applies only at maturity.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., offers structured notes linked to Alphabet Inc. Class A common stock. The offering has an aggregate face amount of $6,628,000 on the original issue date with an original issue price of 100% and an underwriting discount of 1.5%. The notes mature on June 15, 2028 but may be automatically called on June 25, 2027 for $1,200 per $1,000 if Alphabet’s closing price on the call observation date is at or above the initial index stock price of $359.68. If not called, maturity payoffs depend on the final index stock price on June 12, 2028, include a 15% downside buffer and a buffer rate of approximately 117.65%, and carry issuer and guarantor credit risk. The estimated value on the trade date was approximately $977 per $1,000.
GS Finance Corp. offers indexed, autocallable notes guaranteed by The Goldman Sachs Group, Inc. The prospectus supplement describes notes linked to an equally weighted 7-stock basket with an initial basket level of 100, an automatic call observation on June 25, 2027 and a stated maturity of June 15, 2028. If called, each $1,000 face amount pays $1,223. At maturity, positive basket returns receive 125% upside participation; declines are protected by a 15% buffer with a buffer rate of approximately 117.65%, but holders may receive less than face amount. The estimated value at pricing was approximately $942 per $1,000, original issue price was 100%, underwriting discount 1.5%, and net proceeds 98.5%.
GS Finance Corp. is offering structured medium‑term notes linked to the common stock of NVIDIA Corporation with an aggregate face amount of $475,000. The notes pay a contingent quarterly coupon of $47.75 per $1,000 (4.775% quarterly, up to 19.10% per annum) when the underlier closes at or above the coupon trigger level (70% of the initial underlier level) on each coupon observation date.
The notes are subject to an automatic call on any call observation date if the underlier closes at or above the initial underlier level ($205.19). If not called, maturity payment depends on the final underlier level versus the trigger buffer level (70%); investors may lose up to their entire investment. The notes are fully guaranteed by The Goldman Sachs Group, Inc.; original issue price is 100% with a 2% underwriting discount (net proceeds 98%).
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured, contingent monthly coupon notes linked to the lesser performing of two ETFs: the VanEck Gold Miners ETF (GDX) and the VanEck Semiconductor ETF (SMH). Each $1,000 note pays a contingent monthly coupon of $20.042 if both underliers meet 60% coupon triggers on observation dates. If not redeemed early, maturity payment depends solely on the lesser performing underlier: if that underlier is below 60% of its initial level, investors can lose a material portion up to the entire investment; if at or above the trigger buffer level, principal is returned. The issuer may redeem on coupon dates beginning December 2026. Pricing supplement dated June 12, 2026.
GS Finance Corp. is offering Leveraged S&P 500® Futures Excess Return Index‑Linked Notes due June 17, 2031 with a face amount of $735,000 initially issued at 100% of face. The notes do not pay interest and provide a maturity cash payment per $1,000 face amount that depends on the underlier return measured from an initial underlier level (the lowest closing level during the observation period June 11, 2026–August 11, 2026) to the final underlier level (closing level on the determination date June 12, 2031).
If the final level > initial level, holders receive $1,000 plus 1.68× the index return; if the final level is between the initial level and 70% of the initial level, holders receive $1,000; if the final level is below 70% of the initial level, holders receive $1,000 plus the (negative) underlier return, potentially losing most or all principal. The estimated value on the trade date was ≈ $957 per $1,000 face. Payments depend on issuer and guarantor creditworthiness and other specified market disruption or successor‑underlier adjustments.
GS Finance Corp. is offering callable S&P 500® Futures Excess Return Index‑linked notes due June 17, 2031, guaranteed by The Goldman Sachs Group, Inc. Each $1,000 face‑amount note pays no interest and at maturity will return an amount tied to the performance of the S&P 500® Futures Excess Return Index measured from the trade date June 12, 2026 to the determination date June 12, 2031. The notes provide an upside participation rate of 180% if the final index level is at or above the initial level of $596.69. If the final level is between 50% and 100% of the initial level, the payoff equals the face amount plus the absolute index return; if below 50% of the initial level, investors suffer a loss equal to the index return and could lose their entire investment. The issuer may redeem the notes on scheduled monthly call dates at 100% plus a specified call premium. Original issue price is $1,000 per note (100% of face), underwriting discount 0.75%, net proceeds 99.25%. The estimated value on the trade date was approximately $976 per $1,000 face amount. These notes expose holders to market, structure, roll‑yield, tax and credit risk.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering contingent monthly-coupon, autocallable notes linked to the Dow Jones Industrial Average®, Nasdaq-100® and Russell 2000®. The offering has an aggregate face amount of $1,352,000, an original issue price of 100% of face amount, and an underwriting discount of 3.75%. Coupons of $6.667 per $1,000 (0.6667% monthly; potential up to approximately 8.00% per annum) are payable on a coupon payment date only if each underlier’s closing level is at least 70% of its initial level on the related coupon observation date. The notes will be automatically called on a call payment date if each underlier is at least at its initial level on the related call observation date. If not called, the cash settlement at maturity on June 20, 2031 depends on the lesser performing underlier; payments may be as low as 0% of face amount, meaning you could lose your entire investment.
GS Finance Corp. offers $5,311,000 aggregate face amount of market-linked notes (guaranteed by The Goldman Sachs Group, Inc.) due May 17, 2028. The notes pay a contingent monthly coupon of $26.584 per $1,000 (2.6584% monthly; up to ~31.90% per annum) if each underlier meets a 70% coupon trigger on observation dates. If not redeemed, cash settlement at maturity is based on the lesser performing underlier (VanEck Gold Miners ETF and VanEck Semiconductor ETF), with a trigger buffer at 60% of initial levels; a final underlier level below the trigger buffer can result in substantial or total loss of principal. The issuer may redeem on coupon payment dates beginning September 2026 through April 2028.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering medium-term notes linked to the S&P 500® Futures Excess Return Index. The offering has an aggregate face amount of $1,881,000 and notes have a $1,000 face amount per note. The trade date is June 12, 2026, original issue date June 17, 2026, determination date June 12, 2029 and stated maturity date June 15, 2029. The notes pay no interest; at maturity you receive either the face amount or, if the final underlier level exceeds the initial level, a return equal to the underlier return subject to a maximum settlement amount of $1,553.50. The notes reference E-mini S&P 500 futures (not the cash index), include credit risk of the issuer/guarantor, and are treated as contingent payment debt instruments for U.S. federal income tax purposes.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal-at-risk, S&P 500®-linked notes with an aggregate face amount of $949,000. The notes pay no interest and return at maturity depends on the S&P 500® level from the trade date June 12, 2026 to the determination date December 13, 2027. Investors receive the face amount if the final index level is ≥ the buffer level (90%) of the initial level; gains are passed through up to a maximum settlement amount of $1,240 per $1,000 face; losses occur if the final index level is below the buffer, with principal reduced proportionally per the terms. The notes are senior unsecured obligations issued under GS Finance Corp.'s medium-term program and are subject to issuer and guarantor credit risk.
The issuer GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering structured, S&P 500®-linked medium-term notes with an aggregate face amount of $5,068,000. The notes pay no interest and return at maturity depends on the S&P 500 performance from the trade date to the determination date, with a 125% upside participation rate, a 30% trigger buffer (trigger buffer level = 70% of the initial level), and a maximum settlement amount of $1,402.50 per $1,000 face. If the final underlier level is below the trigger buffer level, investors suffer pro rata losses and could lose their entire investment. The notes have a trade date of June 12, 2026, original issue date of June 17, 2026, determination date of June 12, 2029, and stated maturity of June 15, 2029.
GS Finance Corp. is offering principal-at-risk, autocallable notes linked to an equally weighted basket of 10 common stocks, with The Goldman Sachs Group, Inc. as guarantor. The notes have a trade date of June 12, 2026, an original issue date of June 17, 2026, a call observation date of June 21, 2027, and a stated maturity of June 15, 2029.
Each $1,000 face amount will be automatically redeemed on the call payment date if the basket closing level at the call observation date is greater than or equal to the initial basket level, producing a fixed cash payment of $1,175.50 per $1,000. If not called, final payment at maturity depends on the basket return: an upside participation of 125% for positive returns, absolute-return treatment for declines down to a 70% trigger buffer, and full downside exposure below the trigger buffer. The estimated value on the trade date was approximately $937 per $1,000 face amount.
GS Finance Corp. is offering $13,808,000 in structured notes guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent quarterly coupon of $20.625 per $1,000 (2.0625% quarterly; up to 8.25% per annum) if each underlier meets its 55% coupon trigger on observation dates. The notes reference the Russell 2000® and S&P 500® indices, have an original issue date of June 17, 2026 and a stated maturity of June 17, 2031. GS Finance may redeem in whole on coupon payment dates beginning December 2026. At maturity the cash settlement is based solely on the lesser performing underlier; if that underlier is below the 55% trigger buffer level, investors may lose a substantial portion or all of principal.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering medium-term structured notes linked to the Nasdaq-100, Russell 2000 and S&P 500. The notes pay a contingent monthly coupon of $10.292 per $1,000 if each underlier meets a coupon trigger (70% of initial levels) on an observation date and may be automatically called early if every underlier closes at or above its initial level on a call observation date.
If not called, the maturity cash payment per $1,000 depends solely on the performance of the lesser performing underlier: investors receive $1,000 if that underlier is at or above 70% of initial level (and up to 100% if higher) but could lose up to the full principal if the lesser performing underlier falls substantially (example: a 17% final level would produce a 17.000% cash settlement, i.e., 83% loss of principal). Trade date is June 12, 2026, original issue date June 17, 2026, stated maturity June 15, 2029.
GS Finance Corp. offers structured, equity-linked notes guaranteed by The Goldman Sachs Group, Inc. The notes reference five individual stocks and mature on June 20, 2031 unless automatically called on specified monthly observation dates starting in June 2027. The aggregate original face amount on issue is $8,375,000 and the aggregate may be increased at the issuer’s option. Coupons accrue monthly under a stepped formula—$8.875 per $1,000 face amount per qualifying monthly observation (0.8875% monthly, up to 10.65% per annum)—but any monthly coupon is payable only if the closing price of each index stock on the related observation date is at or above 80% of its stated initial index stock price. The notes are automatically redeemed in full on a call payment date if, on any call observation date, each index stock closes at or above 82% of its initial price; automatic calls commence in June 2027. The trade date is June 12, 2026, original issue date June 17, 2026, original issue price 100%, underwriting discount 4%, and net proceeds to the issuer 96%. The estimated model value on the trade date is approximately $945 per $1,000 face amount. Payments are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and subject to issuer/guarantor credit risk.
GS Finance Corp. priced contingent monthly‑coupon, autocallable medium‑term notes guaranteed by The Goldman Sachs Group, Inc. The offering has an aggregate face amount of $2,344,000, an original issue price of 100% of face amount and a stated maturity of June 20, 2031. Coupons, automatic early redemption and the cash settlement at maturity depend on the closing levels of three equity underliers (Dow Jones Industrial Average, Russell 2000 and S&P 500). Monthly coupons of $6.375 per $1,000 (potentially 7.65% annually) are paid only if each underlier meets its coupon trigger level (75% of initial level) on observation dates. If not automatically called, principal repayment at maturity is linked to the lesser performing underlier and can result in a total loss of principal; trigger buffer is 70% of initial underlier level.
GS Finance Corp. is offering Autocallable Contingent Coupon Index-Linked Notes due June 14, 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay contingent quarterly coupons of $31.875 per $1,000 (3.1875% quarterly, up to 12.75% per annum) only if each index stays at or above 70% of its initial level during a quarterly observation period. The notes are automatically called on a call observation date if each index closes at or above its initial level (initial levels set on June 9, 2026) and pay principal plus any coupon then due. If not called, final principal at maturity depends on the lesser performing index: full face amount if the lesser index return is >= -40% (final level >= 60% of initial); otherwise principal is reduced pro rata by that lesser index return. Original issue price is 100% with an underwriting discount of 0.8%; aggregate face amount initially $6,098,000. The notes are unsecured obligations and subject to issuer and guarantor credit risk and complex market, tax and liquidity risks.
GS Finance Corp., with a guarantee from The Goldman Sachs Group, Inc., is offering structured notes linked to the common stock of NVIDIA, Apple and Tesla. The notes have a face amount per note of $1,000, an expected trade date of June 18, 2026, an expected original issue date of June 24, 2026 and an expected stated maturity date of June 22, 2029. Coupons accrue monthly using a formula based on $12.292 per observation (1.2292% monthly, approximately 14.75% per annum) but are payable only if each index stock meets its coupon trigger price (60% of its initial price) on a coupon observation date. Notes are automatically called if each index stock equals or exceeds its initial price on a call observation date, and at maturity holders either receive the face amount plus any final coupon if no trigger event occurs, or a cash settlement tied to the performance of the lesser performing index stock if a trigger event occurs (with a 50% trigger buffer). The estimated value at issuance is between $925 and $955 per $1,000 face amount.
GS Finance Corp. is offering structured notes linked to the common stocks of Tesla, Inc., Alphabet Inc. (Class A) and NVIDIA Corporation. The notes mature on June 17, 2027 and include automatic-call observation dates beginning September 14, 2026. Coupon mechanics: each $1,000 face amount pays $33 on a coupon payment date if the closing price of each index stock on the related coupon observation date is at least 50% of its initial index stock price. If any index stock closes below 50% of its initial price on an observation date, no coupon is paid for that coupon period. At maturity, if a trigger event (each index stock closes below its initial price on the determination date) has occurred, the cash settlement is based on the lesser performing index stock return and may result in a significant loss of principal. Initial index stock prices are $406.43 (Tesla), $359.68 (Alphabet Class A) and $205.19 (NVIDIA). The estimated value on the trade date is approximately $971 per $1,000 face amount. Original issue price is 100% of face; underwriting discount 1%; net proceeds to issuer 99%.
GS Finance Corp. is offering contingent monthly coupon, automatically callable notes linked to the common stock of Rocket Lab Corporation (Bloomberg: RKLB UW) with an aggregate face amount of $1,530,000. The notes pay a contingent monthly coupon of $33.334 per $1,000 (3.3334% monthly, up to ~40.00% per annum) when the underlier closes at or above the coupon trigger level. The coupon trigger level and the trigger buffer level are 50% of the initial underlier level. The initial underlier level is $102.39; the determination date is the last coupon observation date, May 12, 2028, and the stated maturity date is May 17, 2028. Notes will be automatically called on call payment dates if the underlier closes at or above the initial underlier level on the related call observation date. If not called, maturity cash settlement depends on the final underlier level and could result in a total loss of principal if the final underlier level is below the trigger buffer level. The notes are senior unsecured obligations of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., and carry issuer and guarantor credit risk.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured, non‑interest bearing notes linked to the common stock of Tesla, Inc. The notes have an initial index stock price of $406.43, an automatic call feature on June 14, 2027 that yields $1,202.5 per $1,000 face amount if triggered, and a stated maturity of June 15, 2029.
If not called, maturity payoffs depend on the final index stock price on June 12, 2029: positive or zero returns receive 150% participation in upside; declines up to 40% produce the absolute index return as a positive payoff; declines beyond 40% result in losses that can eliminate the principal. The estimated value at trade date was approximately $954 per $1,000 face amount. Original issue price was 100% with an underwriting discount of 2% plus a structuring fee up to 0.65%.
GS Finance Corp. priced principal-at-risk notes linked to the S&P 500® Index, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and no periodic interest; payment at maturity depends on the index performance from June 12, 2026 (trade date) to June 12, 2029 (determination date). If the final index level exceeds the initial level, holders receive $1,000 plus the underlier return per note, capped at a maximum settlement amount of $1,245. If the final index level is equal to or below the initial level, holders receive the face amount only. The notes were offered at 100% of face amount with a 1% underwriting discount and are treated as contingent payment debt instruments for U.S. federal income tax purposes; the issuer computed a comparable yield of 4.7092% and a projected maturity payment of $1,151.91 per $1,000 for tax accrual purposes.