Goldman Sachs Group Inc. 424B Filings

GS Finance Corp. is offering leveraged S&P 500® Futures Excess Return Index‑linked notes due 2031 that are fully guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount calculation and pays at maturity based on the performance of the S&P 500 Futures Excess Return Index.

The notes feature an upside participation rate of 224.5%, a trigger buffer level of 70% (a 30% buffer), no interest payments, and key dates: trade date June 12, 2026, original issue date June 17, 2026, determination date June 12, 2031, and stated maturity date June 17, 2031. Investors may lose up to their entire investment if the final underlier level declines below the trigger buffer.

The pricing supplement describes Contingent Income Auto-Callable Securities issued by GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., linked to the common stock of MongoDB, Inc.. The securities mature on June 22, 2029, may be automatically called earlier on specified call observation dates, and pay a contingent quarterly coupon (the coupon formula includes at least $60 multiplied by coupon observation counts) only when the underlying closing price is at or above a downside threshold equal to 50.00% of the initial share price. If the final share price is below the downside threshold, holders bear full downside on a 1:1 basis and may lose a significant portion or all principal. The pricing date is expected on or about June 18, 2026 and original issue date on June 24, 2026. The document discloses an estimated value range of $905 to $965 per security and an underwriting discount of 2.25%.

GS Finance Corp. is offering structured medium-term notes (guaranteed by The Goldman Sachs Group, Inc.) linked to the common stocks of AMD, NVIDIA and Tesla. The notes pay a monthly coupon that will be either $7.625 (maximum) or $0.209 (minimum) per $1,000 face amount depending on each observation date’s closing prices versus predetermined trigger levels, include an automatic call feature if each index stock equals or exceeds 90% of its initial price on a call observation date, and mature on the stated maturity date (expected June 30, 2031), subject to anti-dilution adjustments and market-disruption rules. The estimated value at pricing is expected to be between $885 and $935 per $1,000 face amount.

GS Finance Corp. offers a principal-linked, non-interest bearing structured note tied to an equally weighted 4-stock basket. The notes reference CrowdStrike, Microsoft, Palo Alto Networks and Snowflake with an initial basket level of 100, an expected trade date of June 30, 2026, an expected original issue date of July 6, 2026, an expected call observation date of July 13, 2027 and an expected stated maturity date of July 6, 2028. If automatically called, each $1,000 face amount will pay at least $1,283 on the call payment date; if not called, payment at maturity depends on the final basket level and includes a 125% upside participation rate, an 85% buffer level and a buffer-rate of approximately 117.65%. The estimated model value at pricing is between $900 and $930 per $1,000 face amount. These notes are unsecured obligations and subject to issuer and guarantor credit risk.

GS Finance Corp. offers principal-protected contingent coupon notes linked to the common stocks of Tesla, Inc., Alphabet Inc. (Class A) and NVIDIA Corporation. Each note has a $1,000 face amount, an expected trade date of June 12, 2026, an original issue date expected to be June 17, 2026, and an expected stated maturity date of June 17, 2027. Coupons (at least $32.5 per $1,000) are payable quarterly only if the closing price of each index stock on the related coupon observation date is at least 50% of its initial index stock price. The notes are automatically called if, on any call observation date, each index stock closes at or above its initial price; if not called, repayment at maturity depends on whether a trigger event occurs (trigger = all final index stock prices below initial prices). If a trigger event occurs, the cash settlement is linked to the lesser performing index stock return and could be significantly less than the face amount. The notes are unsecured obligations of GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc.; investors bear issuer and guarantor credit risk. The estimated value on the trade date is between $925 and $965 per $1,000 face amount.

The issuer is offering principal-protected structured notes linked to the Goldman Sachs Momentum Builder® Focus ER Index. For each $1,000 face amount, the notes may pay a maximum settlement amount of $1,675 at maturity if the final index level is ≥ 102% of the initial index level; otherwise holders receive $1,000. The notes are expected trade date June 18, 2026 with a stated maturity expected on June 24, 2031. Notes are callable annually beginning in June 2027 if the index closing level on a call observation date is ≥ 102% of the initial index level, paying the face amount plus an applicable call return (first call return 13.5%). The index applies a 5% volatility control, may allocate heavily to cash positions, and is net of a 0.65% per annum deduction; estimated initial model value is $850–$880 per $1,000 face amount. Payments are unsecured obligations of GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. is offering Contingent Income Auto-Callable Securities linked to the common stock of Vistra Corp. The notes mature on June 22, 2029 (expected) and pay a contingent quarterly coupon only if Vistra’s closing price on coupon observation dates is at or above a downside threshold equal to 60.00% of the initial share price. The securities may be automatically called early if the stock closes at or above the initial share price on any call observation date, in which case holders receive principal plus the contingent coupon then due. If the final share price is below the downside threshold, holders may lose a significant portion or all principal; if at or above the threshold, holders receive $1,000 plus any final contingent coupon. The estimated value range at pricing is $910 to $970 per security; original issue price is 100% of principal with a 2.25% underwriting discount. These are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and subject to issuer and guarantor credit risk.

GS Finance Corp. is offering Autocallable Leveraged Index Return Notes® linked to the EURO STOXX 50® Index with a term of approximately three years, subject to automatic call on the Call Observation Date (about one year after pricing). Each unit has a $10 principal amount, a public offering price of $10.00 per unit, and an estimated initial value of $9.25 to $9.55 per $10 principal amount. If called, holders would receive a Call Payment of approximately $11.70 to $11.80 per unit; if not called, the notes provide 200.00% participation in positive index performance and 1-to-1 downside exposure to index declines, with up to 100% of principal at risk. All payments are subject to the credit risk of GS Finance Corp. (issuer) and The Goldman Sachs Group, Inc. (guarantor). The offering terms, pricing and dates are subject to change based on the pricing date.

GS Finance Corp. is offering autocallable index-linked notes due June 29, 2029, fully guaranteed by The Goldman Sachs Group, Inc. The notes reference the Russell 2000® and S&P 500® indices and pay no periodic interest. If, on the call observation date, each underlier is at or above its initial level the notes will be automatically called and pay at least $1,114 per $1,000 face amount on the call payment date. If not called, the cash settlement at maturity is determined solely by the lesser performing underlier. The notes feature an upside participation rate of 125%, a buffer level of 80% (buffer amount 20%) and, in a stressed scenario shown, a final underlier level of 20% would produce a cash payment equal to 40.000% of face amount, implying a 60.000% loss on each $1,000 purchased at face amount. The notes are cash-settled, not listed, subject to issuer and guarantor credit risk, and the original issue price exceeds the notes' estimated value as of the trade date.

The pricing supplement describes Contingent Income Auto‑Callable Securities issued by GS Finance Corp.The Goldman Sachs Group, Inc., linked to the Class A common stock of Meta Platforms, Inc.. Each security has a $1,000 principal amount, an expected pricing date of June 12, 2026, an original issue date of June 17, 2026, and a stated maturity date of June 15, 2028.

The notes may pay a contingent quarterly coupon (at least $21.50 per quarter if the underlying closing price on a coupon observation date is >= the downside threshold), are automatically called if the underlying closes >= the initial share price on any call observation date, and limit upside to return of principal plus coupon. If the final share price is below the downside threshold (set at 50.00% of the initial share price), principal is reduced 1:1 by the share performance factor and could be substantially or fully lost. Estimated value range per security at pricing is $915 to $975. The offering includes a 2.00% underwriting discount.

GS Finance Corp. priced $8,035,000 aggregate face amount of $10-denominated Trigger Autocallable GEARS linked to an equally weighted basket of 16 stocks, with trade date June 8, 2026 and original issue date June 10, 2026. The notes mature on June 13, 2029 (determination date June 8, 2029) but will be automatically called if the basket closing level on the call observation date (June 15, 2027) is greater than or equal to the autocall barrier (100% of the initial level).

The notes provide enhanced upside via an upside gearing of 1.50 and a fixed call return of 14.00% on automatic call, but principal is contingent: the downside threshold is 75.00% of the initial basket level, below which holders face full downside exposure. Payments depend on the issuer and guarantor creditworthiness; the estimated model value on the trade date was approximately $9.37 per $10 face amount while the original issue price is 100.00% of face. The offering carries significant market, structural and tax risks described in the supplement.

GS Finance Corp. priced a structured note tied to a weighted basket of the EURO STOXX 50® Index and the iShares® MSCI EAFE ETF. The notes mature on June 12, 2031 (determination date June 9, 2031) and pay no interest; payout depends on a weighted return (60% best underlier, 40% worst underlier) and an upside participation rate of 113.2%. For each $1,000 face amount, the estimated value on the trade date was approximately $929, the original issue price was 100%, and the aggregate face amount on the original issue date was $95,000. The notes return principal in full only if the weighted return is zero or negative but not below -40%; weighted returns below -40% produce proportional principal losses.

GS Finance Corp. is offering autocallable index-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc.. The notes pay no interest, may be automatically called on the call observation date, and return on maturity depends on the lesser performing underlier (Russell 2000 and S&P 500).

If automatically called, holders receive at least $1,152 per $1,000 on the call payment date. If not called, maturity payoffs use a 125% upside participation rate, an 80% buffer level (buffer amount 20%, buffer rate 100%), and may result in substantial losses if the lesser performing underlier falls below the buffer. The notes are subject to issuer and guarantor credit risk, limited secondary-market liquidity, underwriting discounts and fees, and uncertain U.S. federal tax characterization.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal-at-risk notes linked to three stocks with expected maturity June 14, 2029. Coupons are paid monthly only if each index stock meets a 50% trigger; notes may be automatically called starting June 2027. The issuer’s estimated value on the trade date is $925–$955 per $1,000 face amount; initial index stock prices are set on June 9, 2026 (NVDA $208.19, TSM ADS $427.92, MU $935.89).

GS Finance Corp. priced autocallable, buffered S&P 500® index-linked notes guaranteed by The Goldman Sachs Group, Inc. The notes have a $1,000 face amount per note, an upside participation rate of 125%, a 15% buffer (buffer level = 85% of initial level; buffer rate ≈ 1.1765) and an automatic call feature. Trade date is expected to be June 30, 2026, original issue date expected July 6, 2026, and stated maturity expected July 6, 2028.

If automatically called on the call observation date, holders would receive at least $1,097.20 per $1,000 face amount on the call payment date. If not called, payoff at maturity depends on index performance: positive returns pay 1.25× the index return; declines up to 15% convert to positive payments equal to the absolute decline; declines beyond 15% produce leveraged losses tied to the buffer rate, and investors could lose their entire investment.

GS Finance Corp. is offering Autocallable Index-Linked Notes due 2030, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Dow Jones Industrial Average and the S&P 500 and carry an upside participation rate of 130%. If, on the call observation date, each underlier is at or above its initial level, the notes will be automatically called and pay $1,158.50 per $1,000 face amount on the call payment date. If not called, the maturity cash settlement depends on the lesser performing underlier: investors receive either protection at or above a 75% trigger buffer (returning $1,000) or a loss equal to the lesser performing underlier return, potentially losing the entire investment. Key dates include trade date June 10, 2026, original issue date June 15, 2026, call observation date June 16, 2027, and stated maturity June 13, 2030. The notes do not bear interest and are cash-settled; market liquidity and secondary pricing may be limited, and investors bear the credit risk of the issuer and guarantor.

GS Finance Corp. is offering callable contingent coupon index-linked notes due June 14, 2029, guaranteed by The Goldman Sachs Group, Inc. Each $1,000 note pays a contingent quarterly coupon of $23.75 if each underlier closes at or above 60% of its initial level on that coupon observation date.

At maturity the cash payment is tied to the performance of the lesser performing underlier; if that underlier is below 60% of its initial level a principal loss occurs and you could lose your entire investment. The issuer may redeem the notes on coupon payment dates beginning December 2026.

GS Finance Corp. offers S&P 500® Index‑Linked Notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no periodic interest and will settle in cash at maturity based on the S&P 500® Index performance from the trade date to the determination date. For each $1,000 face amount, holders receive $1,000 if the underlier return is zero or negative; if positive, holders receive $1,000 plus the underlier return subject to a maximum settlement amount of at least $1,535. Trade date is June 26, 2026, original issue date is July 1, 2026, determination date is December 26, 2031 and stated maturity is December 31, 2031. The pricing models used by Goldman Sachs & Co. LLC value the notes lower than the original issue price; underwriting discounts, a structuring fee and other expenses are included in the original issue price. The notes are debt obligations subject to issuer and guarantor credit risk and complex U.S. tax rules for contingent payment debt instruments.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering principal-protected contingent notes linked to an equally weighted basket of seven stocks. Each $1,000 face amount pays at least $1,223 if automatically called on the call observation date (expected June 25, 2027); otherwise final payment at maturity (expected June 15, 2028) depends on the basket return with a 15% downside buffer and 125% upside participation.

The notes do not bear interest, are subject to issuer and guarantor credit risk, and have an estimated value at issuance of approximately $900–$930 per $1,000 face amount as set on the trade date.

GS Finance Corp. is offering structured, underlier-linked notes due June 25, 2032, guaranteed by The Goldman Sachs Group, Inc.. Each note has a $1,000 face amount and a payoff tied to the lesser performing of two underliers: the EURO STOXX 50® Index and the iShares® MSCI EAFE ETF. If the final level of each underlier is at or above its buffer level (85% of the initial level), holders receive the greater of the $1,586.50 threshold settlement amount or $1,000 plus the product of $1,000 and the lesser performing underlier return. If any underlier finishes below its buffer level, the payoff declines 1% of face for each 1% decline below the buffer, exposing holders to substantial principal loss. The notes pay no interest; tax characterization and market liquidity risks are discussed in the supplement.

GS Finance Corp. priced autocallable contingent coupon index-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Nasdaq-100, Russell 2000 and S&P 500 and pay a contingent monthly coupon of $10.292 per $1,000 (1.0292% monthly, up to ~12.35% per annum) when each underlier is at or above a 70% coupon trigger. The notes are automatically called if each underlier is at or above its initial level on a call observation date. If not called, the maturity cash payment depends solely on the lesser performing underlier; investors may lose up to 100% of principal (example: a 17.000% final underlier level would produce a 17.000% cash settlement). Trade date is June 12, 2026, original issue date June 17, 2026, and stated maturity date June 15, 2029.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal-at-risk structured notes linked to the S&P 500, the Nasdaq-100 and the iShares® Semiconductor ETF (SOXX). The notes are expected to trade on June 17, 2026, have an expected original issue date of June 23, 2026 and a stated maturity date of June 22, 2029.

The notes do not pay interest and include an automatic call on the call observation date (expected June 17, 2027) if each underlier is at or above its initial level; an automatic-call payment would be $1,200 per $1,000 face amount. If not called, the maturity payout is based on the lesser performing underlier: positive participation is 445% of that underlier return if all underliers finish above their initial levels; if any underlier finishes below 60% of its initial level, the investor can suffer substantial principal loss (possibly well below 60% of face).

The estimated value on the trade date is stated as $925 to $955 per $1,000. Payments are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. offers principal-protected, non‑interest bearing medium‑term notes linked to the Class A common stock of Alphabet Inc. The notes have a $1,000 face amount per note, an expected trade date of June 12, 2026, an expected original issue date of June 17, 2026, an expected automatic call observation date of June 25, 2027 (call payment date June 30, 2027) and an expected stated maturity date of June 15, 2028. If automatically called, each $1,000 note will pay at least $1,200 on the call payment date; if held to maturity the cash settlement depends on the final index stock price versus the initial index stock price, with a buffer protecting declines up to 15% and a threshold settlement amount of $1,400.

The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., carry issuer and guarantor credit risk, have an estimated value at issuance of $900–$930 per $1,000 face amount, and include anti‑dilution provisions and extensive calculation‑agent discretion.

GS Finance Corp. is offering callable Nasdaq-100 Futures Excess Return™ Index‑linked notes due (expected) June 24, 2031, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and pays no interest; final payment depends on the Nasdaq‑100 Futures Excess Return™ Index performance from the trade date (expected June 18, 2026) to the determination date (expected June 18, 2031). If the final underlier level exceeds the initial level, holders receive 2.45× the index return multiplied by $1,000 plus principal. If the final level is between 80% and 100% of the initial level, holders receive $1,000. If below 80%, holders suffer losses according to the formula in this supplement. The company may redeem the notes on specified monthly call payment dates beginning June 24, 2027 at amounts capped by the stated call premium schedule. The estimated initial model value is $885–$925 per $1,000 face amount.

GS Finance Corp. is offering Market Linked Notes—Auto-Callable with a contingent coupon, linked to the lowest performing common stock among Micron, Sandisk, Marvell and Tesla, with a stated maturity of June 26, 2031. The notes have a face amount of $1,000 per note and a pricing date of June 22, 2026.

The notes pay a monthly contingent coupon of at least $10.209 per $1,000 (approximately 12.25% per annum) only if the lowest performing underlying stock on a calculation day is at or above its coupon threshold (75% of its starting price). The notes are subject to quarterly automatic call tests commencing in June 2027; if automatically called, holders receive face amount plus final contingent coupon and any unpaid coupons. If not called, maturity returns only the face amount (no upside participation or dividends). The estimated value at pricing is between $885 and $915 per $1,000, and payments are subject to the issuer and guarantor credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. is offering indexed, non‑interest bearing notes (CUSIP 40054RYR6) linked to an equally weighted basket of 10 common stocks. The notes mature in 2028 and pay a cash settlement based on the basket return from the trade date to the determination date, subject to a cap and a 15% buffer. If the final basket level is above the initial level, holders participate up to a maximum settlement amount of $1,337.50 per $1,000. If the final basket level falls by 15% or less, investors will receive the face amount; declines greater than 15% reduce principal on a pro rata basis. The calculation agent (Goldman Sachs & Co. LLC) has discretion to determine closing prices, postpone the determination date for market disruptions, and make anti‑dilution adjustments. The issuer and guarantor credit risk applies and the estimated value at pricing is about $925–$955 per $1,000 face amount.

GS Finance Corp. is offering autocallable contingent coupon underlier-linked notes due June 15, 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent monthly coupon of 1.5417% of face ($15.417 per $1,000) when each underlier is at or above its coupon trigger (70% of initial). The notes are automatically called if, on any call observation date, each underlier is at or above its initial level, in which case holders receive $1,000 plus any accrued coupon. If not called, the maturity cash settlement for each $1,000 is $1,000 if the lesser performing underlier is at or above the trigger buffer (60%); otherwise the payment equals $1,000×the lesser performing underlier return, exposing investors to losses up to the full principal. The underliers are the Russell 2000 Index, the S&P 500 Index and the VanEck Gold Miners ETF (GDX). Trade date is June 12, 2026 and original issue date is June 17, 2026. The notes are unsecured senior debt of GS Finance Corp.; investors are subject to issuer and guarantor credit risk and to market, foreign exchange, concentration and tax risks described in this pricing supplement.

GS Finance Corp. is offering autocallable contingent coupon equity-linked notes due December 16, 2027, guaranteed by The Goldman Sachs Group, Inc., linked to the common stock of Advanced Micro Devices, Inc. The notes pay a contingent monthly coupon of 3.5834% ($35.834 per $1,000) when the underlier meets a coupon trigger level of 70% of the initial level, and are automatically called if the underlier is at or above the initial level on a call observation date. At maturity (if not called), cash settlement is either 100.000% of face if the final underlier level is at or above the trigger buffer level of 60%, or otherwise equals $1,000 × the underlier return, exposing holders to potential full loss of principal. Trade date is June 11, 2026 and original issue date is June 16, 2026. The calculation agent is Goldman Sachs & Co. LLC. The prospectus warns the original issue price exceeds estimated model value and the notes carry issuer and guarantor credit risk.

GS Finance Corp. offers auto-callable, buffered notes linked to T-Mobile US, AbbVie and Kimberly-Clark. The notes have an aggregate face amount of $258,000 on original issue and mature on June 12, 2029, unless automatically called on specified observation dates beginning December 2026. Monthly coupons are conditionally payable (crediting 1.1209% per month as a cumulative mechanism) only when each index stock meets a 70% coupon trigger; automatic call occurs if each stock is at or above its initial price (trade-date prices: TMUS $178.10, ABBV $227.23, KMB $99.04). At maturity holders either receive par (if no trigger event) or a cash amount linked to the lesser performing stock if a trigger event occurs; estimated value at terms set is approximately $970 per $1,000 face amount.

GS Finance Corp. priced $731,000 of autocallable, contingent-coupon S&P 500® Index-linked notes due September 10, 2027, guaranteed by The Goldman Sachs Group, Inc. The notes pay a monthly coupon of $5.709 per $1,000 (0.5709% monthly, ~6.85% annual) only if the S&P 500 closing level on a coupon observation date is at least 75% of the initial level 7,383.74. If any call observation date between June 7, 2027 and August 5, 2027 has a closing level greater than or equal to the initial level, the notes will be automatically called and investors receive the face amount plus that coupon on the related call payment date. At maturity, if not called, payment depends on the final index return relative to buffer and trigger levels (buffer = 85% of initial level; protection only within specified ranges), which can result in partial or total loss of principal. The estimated value at issuance was approximately $988 per $1,000 face amount and the original issue price was 100% (underwriting discount 0.3%, net proceeds 99.7%).

GS Finance Corp. offers principal-protected contingent coupon notes guaranteed by The Goldman Sachs Group, Inc. The notes have a stated maturity of June 12, 2031, were issued at 100% of face on an original issue date of June 10, 2026 and reference four large-cap stocks.

Coupons accrue monthly only if each index stock closes above 60% of its initial price; automatic redemption occurs on an observation date if all four stocks close at or above 85% of initial prices. Principal repayment at maturity depends on the lesser performing index stock versus a 50% trigger buffer; a final decline below 50% of initial price yields a proportionate loss. The estimated value at pricing was $976 per $1,000 face amount; underwriting discount was 3.5%.

GS Finance Corp. priced buffered, capped-linked notes maturing June 10, 2032. Each note has a $1,000 face amount and pays no interest. The cash payment at maturity depends on the lesser performing of the Dow Jones Industrial Average, the Russell 2000 and the S&P 500, measured from the trade date June 5, 2026 to the determination date June 7, 2032.

If the final level of every underlier is above its initial level, holders receive $1,000 plus 135% upside participation times the lesser performing underlier return. If the lesser performing underlier falls below its buffer level (75% of initial), holders suffer a proportional principal loss; notes repay only in cash and carry issuer/guarantor credit risk.

The issuer GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $26,225,000 aggregate principal of Contingent Income Auto-Callable Securities linked to the Class A common stock of Vertiv Holdings Co. Each $1,000 security may pay a contingent quarterly coupon (formula uses $51.25 increments) but is subject to automatic early call if the underlying closing price on a call observation date is at or above the initial share price of $300.51. The downside threshold is $150.255 (50.00% of the initial share price); if the final share price is below that threshold the payment at maturity equals $1,000 multiplied by the share performance factor (final/initial), which could result in a substantial or total loss of principal. Estimated model value at pricing was approximately $958 per security; original issue price is 100% of principal. Underwriting discount is 2.25% and net proceeds to the issuer are 97.75%.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering market-linked, auto-callable medium-term notes due June 8, 2029. Each security has a $1,000 face amount and pays a contingent monthly coupon of $8 per security (a 9.6% annual rate) only if the lowest-performing underlying stock on a calculation day is at or above 50% of its starting price. The securities are linked to the lowest performing of Visa, Apple and NVIDIA (starting prices: Visa $323.57; Apple $307.34; NVIDIA $205.10 as of the June 5, 2026 pricing date). If, on any call date, the lowest-performing underlying stock is at least 95% of its starting price the notes will be automatically called and redeemed for face amount plus accrued contingent coupons. If not called, principal at maturity depends solely on the lowest-performing underlying stock: if that stock’s final price is below 50% of its starting price you may lose a substantial portion or all of your principal. The estimated model value at pricing was approximately $962 per $1,000 face amount; original offering price was $1,000.

The Issuer GS Finance Corp. priced $9,729,000 of Contingent Income Auto-Callable Securities linked to the Class A common stock of Alphabet Inc. (Bloomberg: “GOOGL UW”). The securities were priced on June 5, 2026, issued June 10, 2026, and mature on June 8, 2029.

Each security has a $1,000 stated principal, an initial share price of $368.53, a downside threshold of $257.971 (70.00% of initial), and pays a contingent quarterly coupon calculated from a $27.75 per-$1,000 schedule only if observation-date closes meet the threshold. If not called and the final share price is below the downside threshold, principal is reduced 1:1 by share performance; if called or final price is at/above the threshold, payment is $1,000 (plus any final contingent coupon). The estimated model value at pricing was approximately $969 per security; original issue price equals principal amount (100%) with an underwriting discount of 2.25%.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering non‑interest notes linked to an equally weighted basket of seven stocks with an initial basket level of 100. The notes mature on June 8, 2028 but will be automatically called on June 21, 2027 if the basket closing level on that call observation date is greater than or equal to the initial basket level, producing a fixed cash payment of $1,223 per $1,000 face amount on the call payment date. If not called, maturity payoff depends on the basket return: upside participation is 125%; a buffer protects losses up to 15% (buffer level = 85% of initial level) with a buffer rate of approximately 117.65%. The original issue price is 100% of face amount; estimated value at pricing was approximately $946 per $1,000 face amount. The offering shows an aggregate face amount of $4,511,000 on the original issue date; underwriting discount is 1.5% and net proceeds to issuer are 98.5% of face amount.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering $19,133,000 face amount of structured notes linked to the Dow Jones Industrial Average, the Nasdaq-100 and the Russell 2000. The notes pay a contingent monthly coupon of $9.375 per $1,000 (0.9375% monthly, up to 11.25% per annum) only when each underlier is at or above 70% of its initial level on the coupon observation date. At maturity (stated maturity March 10, 2031), the cash settlement for each $1,000 face amount is determined by the lesser performing underlier return and can result in a total loss of principal if that underlier is below its trigger buffer level (65% of its initial level). The issuer may redeem the notes on coupon payment dates beginning in December 2026. Purchase price was 100% of face amount; underwriting discount 1%.

The GS Finance Corp. offering (guaranteed by The Goldman Sachs Group, Inc.) prices $34,412,000 of contingent income auto-callable notes due June 8, 2028. Each $1,000 note may pay a contingent quarterly coupon of $24.00 if all three underlying indexes meet 70% downside thresholds on observation dates, and may be automatically called if all indexes reach or exceed their initial index values on a call observation date.

At maturity, if not called, repayment is either $1,000 (if each final index value is at/above its downside threshold) or $1,000 multiplied by the worst performing index performance factor, which can result in losses down to zero. The securities are unsecured obligations subject to issuer and guarantor credit risk, a stated underwriting discount of 2.00%, and an estimated value at issuance of approximately $975 per security.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering principal-protected-style, equity-linked notes tied to an equally weighted basket of nine large-cap stocks (initial basket level 100). The notes have an automatic call feature (call observation date expected June 25, 2027) that would pay at least $1,198.5 per $1,000. If not called, maturity is expected June 15, 2028, with final payout determined by the basket return and an upside participation rate of 125% and a buffer level of 80% (buffer amount 20%). The estimated value on the trade date is expected between $900 and $930 per $1,000 face amount. The calculation agent is Goldman Sachs & Co. LLC; holders bear issuer and guarantor credit risk and receive no dividends or shareholder rights.

GS Finance Corp. is offering autocallable equity-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes reference the common stock of Micron Technology, Inc. and pay no interest. They auto-call on the call observation date if the underlier is at or above its initial level, producing a fixed cash payment of $1,680 per $1,000 face amount on the call payment date. At maturity, if not called, payoff depends on the final underlier level: upside participation is 150%, principal is protected down to a trigger buffer of 50%, but losses occur if the final level is below that buffer, potentially resulting in total loss of principal.

GS Finance Corp. offers $4,441,000 of callable, monthly-contingent coupon notes tied to the VanEck Gold Miners ETF (GDX). The notes pay a monthly contingent coupon of $10.167 per $1,000 face amount (1.0167% monthly, potential up to approximately 12.20% per annum) when the underlier meets the 60% coupon trigger on observation dates. The notes may be automatically called if the underlier closes at or above the initial level ($78.84) on a call observation date; otherwise the cash settlement at maturity is based on the underlier return with principal at risk below the 60% trigger buffer. The issue price is 100% of face amount, underwriting discount 2.4%, and net proceeds 97.6% of face amount. Coupon, call and final payoff are subject to the pricing supplement and general terms supplement.

GS Finance Corp. is offering $1,000 face amount autocallable contingent coupon equity-linked notes due June 24, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes reference common stock of Broadcom Inc., Alphabet Inc. (Class A) and NVIDIA Corporation as underliers and pay a contingent monthly coupon of $7.959 per $1,000 (0.7959% monthly; potential up to approximately 9.55% per annum) when each underlier is at or above its coupon trigger level (80% of its initial underlier level) on the related coupon observation date. The notes include an automatic call feature that redeems all notes at par ($1,000) on a call payment date if every underlier is at or above its initial underlier level on the related call observation date. Trade date is June 18, 2026 and original issue date is June 24, 2026. GS&Co. is the calculation agent and initial market maker; GS&Co.’s pricing models estimate the notes’ value on the trade date at $885 to $925 per $1,000 face amount, below original issue price. The pricing supplement highlights credit risk of the issuer and guarantor, potential lack of secondary market liquidity, uncertain tax treatment, and that investors receive cash payments only (no shareholder rights).

GS Finance Corp., with a guarantee from The Goldman Sachs Group, Inc., is offering notes linked to an equally weighted basket of 9 common stocks. The notes have an initial basket level of 100, a trade date of June 5, 2026, a call observation date of June 21, 2027 and a stated maturity of June 8, 2028. If the basket closing level on the call observation date is >= 100 the notes will be automatically called and pay $1,202 per $1,000. If not called, maturity payoff depends on the final basket level: an upside participation rate of 125%, a buffer level of 80% (20% buffer) and a buffer rate of 125% govern payoff calculations. The estimated value at issuance was approximately $946 per $1,000; original issue price is 100% with an underwriting discount of 1.5% and net proceeds of 98.5%. Aggregate original face amount is $12,103,000.

GS Finance Corp. priced contingent quarterly callable notes linked to Marvell Technology stock totaling $10,684,000, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes pay contingent quarterly coupons if the underlier closes at or above 65% of the initial level on observation dates and are subject to an automatic call if the underlier closes at or above the initial level on any call observation date.

The notes have a face amount of $1,000 per note, an initial underlier level of $263.47, a buffer level of 65% (buffer amount 35%) and a buffer rate of approximately 153.85%. If not called, the cash settlement at maturity depends on the final underlier level and can result in a total loss of principal; coupon payment and market value are contingent on underlier performance and issuer/guarantor creditworthiness.

GS Finance Corp. is offering autocallable contingent-coupon equity-linked notes due July 1, 2027, guaranteed by The Goldman Sachs Group, Inc. The notes reference the common stock of Palo Alto Networks, Inc. and pay contingent quarterly coupons only if the underlier closes at or above a 70% trigger on observation dates. The notes feature an automatic call if the underlier closes at or above the initial level on any call observation date. If not called, the maturity cash settlement depends on the final underlier level and a 30% buffer; downside exposure can result in losing a substantial portion or all of the investment. The trade date is June 12, 2026, original issue date June 17, 2026, determination date June 28, 2027, and stated maturity July 1, 2027. The offering includes a 1% underwriting discount (net proceeds to issuer 99% of face amount).

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., offers structured notes linked to the common stock of NVIDIA, Microsoft and Salesforce. The notes mature on June 8, 2029 but may be automatically called on observation dates beginning in June 2027. Coupons are monthly and paid only if each index stock meets a 50% trigger threshold on coupon observation dates; coupons equal cumulative $10.417 per $1,000 face amount increments (1.0417% monthly). A trigger event (each final index stock price below its initial price) can cause principal loss tied to the worst-performing stock. Initial index prices are $205.10 (NVIDIA), $416.67 (Microsoft) and $185.66 (Salesforce). The estimated value at pricing was approximately $957 per $1,000 face amount; original issue price was 100% with a 1.5% underwriting discount. The aggregate face amount on original issue was $264,000. The notes are unsecured and subject to issuer and guarantor credit risk.

The pricing supplement describes GS Finance Corp.'s contingent quarterly coupon, autocallable, equity‑linked notes tied to the common stock of Amazon.com, Inc. (AMZN). Each note has a $1,000 face amount; coupons pay only if the underlier is at or above 70% of the initial level on observation dates. If not called, maturity payoff is either $1,000 or $1,000 plus the underlier return, exposing holders to potential loss of principal down to 0% of face amount.

GS Finance Corp. priced contingent quarterly coupon, autocallable notes due June 10, 2032, guaranteed by The Goldman Sachs Group, Inc. The offering has an aggregate face amount of $6,533,000 and an original issue price of 100% of face. Coupons of $27.50 per $1,000 (a 2.75% quarterly coupon; up to 11.00% annually) are paid only when each underlier is at or above its coupon trigger level (75% of its initial level). The notes are automatically called if all three underliers close at or above their initial levels on any call observation date; if not called, the cash settlement at maturity depends solely on the performance of the lesser performing underlier, exposing investors to potential loss of principal (including a total loss) if that underlier falls below its 75% trigger buffer. Trade date is June 5, 2026, original issue date June 10, 2026, and stated maturity June 10, 2032.

GS Finance Corp. offers capped, buffer‑protected notes tied to Zscaler, Inc. The notes pay no interest and return a cash payment at maturity based on Zscaler's stock performance from June 4, 2026 to the determination date. For each $1,000 face amount, holders receive the maximum settlement amount of $1,309 if the final underlier level is at or above 60% of the initial level; if below that trigger buffer level, losses are linear to the underlier decline and could equal the full principal. The issue price is 100% of face amount, with a 1% underwriting discount and net proceeds of 99% of face amount. The notes are senior obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer and guarantor credit risk and limited secondary‑market liquidity.