Goldman Sachs Group Inc. 424B Filings

The offered notes are principal-at-risk, cash-settled structured notes issued by GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., linked to the VanEck Gold Miners ETF (GDX). The notes have an aggregate face amount of $4,502,000, an original issue price of 100% of face amount, and no stated interest.

The notes carry a 150% upside participation rate, an 80% buffer level (the buffer rate equals 125%) and an automatic call feature on the call observation date that pays $1,273.50 per $1,000 if the underlier closes at or above the initial level. If not called, maturity payoff depends on the final underlier level and may result in a total loss of principal.

GS Finance Corp. offers $3,944,900 aggregate face amount of Trigger Autocallable Contingent Yield Notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay a quarterly contingent coupon of $0.225 per $10 face amount (up to 9.00% per annum) only if both underliers meet a 70% coupon barrier on each observation date, commence automatic call observations in December 2026, and return principal at maturity only if the final level of each underlier is at or above the 70% downside threshold. The notes are unsecured obligations, have an estimated model value of approximately $9.76 per $10 at issuance, an original issue price of 100% of face amount, and expose holders to market risk of the lesser performing underlier (Nasdaq-100 Index® and iShares® MSCI EAFE ETF) and to issuer/guarantor credit risk.

GS Finance Corp. offers $3,928,000 aggregate face amount of capped trigger GEARS linked to the SPDR® Gold Trust (GLD) due June 8, 2029, guaranteed by The Goldman Sachs Group, Inc. The securities pay a cash settlement at maturity tied to the closing GLD price on the determination date of June 5, 2029, with upside participation subject to an upside gearing of 1.25 and a capped maximum settlement amount of $15.275 per $10 face amount (a 52.75% maximum return). If the final GLD price is at or below the downside threshold of 75.00% of the initial price, holders will receive less than face amount, potentially losing all principal. The offering sets the initial underlying ETF price at $411.27 (strike date June 4, 2026) and the estimated value at the trade date at approximately $9.30 per $10 face amount. The original issue price is 100.00% of face amount with a 2.50% underwriting discount. The aggregate face amount may be increased at the issuer's option.

The pricing supplement describes a $12,000,000 aggregate offering of Contingent Income Buffered Auto-Callable Securities issued by GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc. The securities reference the common stock of Freeport-McMoRan Inc. and pay a contingent monthly coupon (formula: $18.475 × number of observation dates less prior coupons) only when the underlying stock closes at or above a buffer price (70.00% of the initial share price). The initial share price is stated as $69.69. The securities may be automatically called if the underlying stock closes at or above the initial share price on any call observation date; if called, holders receive principal plus the then-due coupon. If not called, maturity payoff is either full principal (if final share price ≥ buffer) or a reduced cash payment that loses approximately 1.4286% of principal for every 1% decline in the final share price beyond the buffer (downside factor ≈ 1.4286). The original issue price is 100% of principal; the prospectus shows an estimated value of approximately $975 per security and lists underwriting discount of 0.10% ($12,000) with net proceeds of 99.90% ($11,988,000).

GS Finance Corp. is offering non-interest, principal-at-risk notes due July 8, 2027 linked to an equally-weighted basket of six alternative-asset managers. The notes pay at maturity based on the basket return from the initial level set on June 4, 2026 to the determination date, subject to a 120.03% cap and a maximum settlement amount of $1,400.6 per $1,000 face amount. Purchasers receive full principal if the final basket level declines by no more than 10%; larger declines produce losses at an effective buffer rate of approximately 111.11%, and holders could lose their entire investment. The prospectus supplement states an estimated value of approximately $947 per $1,000 face amount on the trade date and an initial aggregate face amount of $1,000,000.

GS Finance Corp. is offering non‑interest bearing, principal‑at‑risk notes linked to an equally weighted basket of 8 stocks, with a trade date of June 5, 2026, original issue date of June 10, 2026, a call observation date of June 21, 2027 and a stated maturity of June 8, 2028. Notes are automatically called if the basket closing level on the call observation date is >= the initial basket level (100), in which case holders receive $1,223.5 per $1,000. At maturity holders receive either (a) $1,000 plus 125% upside participation of any positive basket return, (b) $1,000 if the final basket level is between 85% and 100%, or (c) a downside cash amount that reflects a 15% buffer with a buffer rate of approximately 117.65%. The estimated value on the trade date was approximately $946 per $1,000. Issue price is 100% of face, underwriting discount 1.5%, net proceeds 98.5%.

GS Finance Corp. is offering $12,057,000 aggregate face amount of Trigger Autocallable Notes linked to the EURO STOXX 50® Index, due June 10, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no coupons, can be automatically called on quarterly call observation dates starting after 12 months if the index closes at or above the autocall barrier (100.00% of 6,062.07), and provide contingent repayment at maturity only if the final index level is at or above the downside threshold (75.00%). The per‑annum call return starts at 10.50% and increases on later call dates; estimated value at issuance is approximately $9.64 per $10 face amount. Any payment is subject to issuer and guarantor credit risk and investors may lose a substantial portion or all of their investment.

GS Finance Corp. is offering callable, equity‑linked notes (CUSIP 40054RYL9) that pay a fixed coupon of $9 per $1,000 face amount each coupon date (0.9% monthly, up to 10.8% per annum) and return at maturity that depends on the performance of the common stock of Blackstone Inc. (trade date expected June 24, 2026; stated maturity expected December 30, 2027).

The notes are automatically called if the closing price of the index stock is greater than or equal to the initial index stock price on any call observation date; otherwise the cash settlement at maturity protects investors only down to a 20% buffer (buffer price = 80% of the initial index stock price) and may result in substantial principal loss if the final index stock price is below that buffer. The estimated value at pricing is expected to be between $925 and $965 per $1,000 face amount. Payments are subject to the credit risk of GS Finance Corp. and guarantor The Goldman Sachs Group, Inc..

GS Finance Corp. is offering structured, principal‑linked notes tied to the Russell 2000® Index with an aggregate face amount of $680,000. The notes pay no interest and provide 110% upside participation in positive underlier performance capped at a $1,220 cash settlement per $1,000 face amount. A 10% buffer protects holders from declines up to 10% of the initial underlier level; declines beyond that expose holders to proportional losses of principal. Trade date is June 5, 2026, original issue date June 10, 2026, determination date July 6, 2027 and stated maturity July 9, 2027 (subject to adjustments). The notes are senior debt of GS Finance Corp. and are fully guaranteed by The Goldman Sachs Group, Inc.; original issue price is 100% of face amount with an underwriting discount of 0.4333%.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal‑protected contingent notes linked to the MSCI EAFE and EURO STOXX 50 indices. For each $1,000 face amount, the cash payment at maturity depends on the lesser performing underlier: a positive payoff equals $1,000 plus $1,000 × 227.8% × lesser performing underlier return if both underliers finish above their initial levels; repayment of the $1,000 face amount if any underlier falls but remains at or above 70% of its initial level; and a downward cash settlement equal to $1,000 plus $1,000 × (lesser performing underlier return) if any underlier finishes below the 70% trigger, which can result in a total loss of principal. Trade date is June 5, 2026, original issue date June 10, 2026, stated maturity June 10, 2030, aggregate face amount $3,355,000, original issue price 100%, underwriting discount 0.75%, net proceeds 99.25%.

GS Finance Corp. priced a structured note offering with an aggregate face amount of $1,103,000. The notes mature on June 11, 2029, pay contingent monthly coupons tied to three underliers and may be redeemed at issuer option on coupon payment dates beginning in June 2027.

The notes reference the Nasdaq-100 Index®, the iShares® Expanded Tech-Software Sector ETF and the VanEck Gold Miners ETF, use the lesser-performing underlier to determine the cash settlement at maturity, carry issuer and guarantor credit risk, and had an estimated value of $975 per $1,000 face amount at pricing.

The issuer GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., priced Contingent Income Auto-Callable Securities linked to the common stock of Citigroup Inc. for an aggregate principal amount of $5,208,000. The securities mature on June 8, 2029 (original issue date June 10, 2026) and pay a contingent quarterly coupon of $27.25 per $1,000 when the underlying closing price on a coupon observation date is at or above the downside threshold. The initial share price is $132.47, the downside threshold is $86.1055 ( 65.00% of initial), and the estimated model value at pricing was approximately $969 per security. If not called, payment at maturity equals $1,000 plus final coupon if the final share price is at or above the downside threshold; otherwise the maturity payment equals $1,000 multiplied by the share performance factor (final/initial), exposing holders to potential loss of principal.

GS Finance Corp. offers callable, S&P 500®-linked buffer notes under a pricing supplement dated June 5, 2026. The offered notes total an aggregate face amount of $1,606,000, have an original issue price of 100% of face amount, and a 1% underwriting discount.

The notes pay no interest, provide 100% upside participation in positive S&P 500 performance subject to annual automatic-call observations, and include a 10% buffer (buffer level = 90%). If not called, maturity is June 10, 2032 with a determination date of June 7, 2032. Payments depend on the underlier return and are subject to issuer and guarantor credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. is offering Buffered Digital S&P 500® Index-Linked Notes due June 30, 2027, guaranteed by The Goldman Sachs Group, Inc.. For each $1,000 face amount the payoff is cash at maturity tied to the S&P 500 closing level from the trade date to the determination date.

If the final underlier level is at or above the buffer level (which equals 90% of the initial underlier level) the holder receives a capped $1,091.30 maximum settlement amount. If the final level is below the buffer level the investor bears losses equal to approximately 1.1111% of face for each 1% decline below the buffer level and could lose the entire investment. The notes pay no interest and are subject to issuer and guarantor credit risk.

GS Finance Corp. priced $5,582,000 of Contingent Income Auto-Callable Securities linked to the common stock of Palo Alto Networks, Inc.. The securities were priced on June 5, 2026, issue date June 10, 2026, and mature on June 8, 2029. The initial share price is $272.05 and the downside threshold is $136.025 (50.00%). Investors may receive contingent quarterly coupons calculated using a stated schedule (coupon component uses $31.625 per observation formula) only if the underlying closing price on coupon observation dates is at or above the downside threshold. The securities are automatically called if the underlying closing price on any call observation date is at or above the initial share price, in which case holders receive principal plus the contingent coupon then due. At maturity, if not called, payment is either $1,000 (if final share price >= downside threshold) or principal multiplied by the share performance factor (final/initial share price). The estimated value at pricing was approximately $957 per security; original issue price is 100% with a 2.25% underwriting discount.

GS Finance Corp. is offering principal-protected contingent coupon notes linked to the State Street Energy Select Sector SPDR ETF and the SPDR S&P Oil & Gas Exploration & Production ETF that mature on December 9, 2027 unless automatically called.

Key economics: original issue price 100% of face amount, estimated value approximately $966 per $1,000 face amount, aggregate face amount $537,000 on the original issue date. Monthly coupons equal $8.959 per $1,000 (0.8959% monthly, ~10.75% annualized) are paid only if each ETF’s closing level on an observation date is >= 70% of its initial level. If not called and at maturity, the cash settlement is based solely on the lesser performing ETF; a final ETF return below -30% results in a proportional principal loss (less than 70% of face) and no coupon.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering structured notes linked to the State Street SPDR S&P 500 ETF Trust (SPY). The notes pay no interest, have an upside participation rate of 160% and a trigger buffer at 80%. The notes are automatically called if the underlier's closing level on the call observation date is greater than or equal to the initial level, in which case each $1,000 face amount would pay $1,110 on the call payment date. If not called, settlement at maturity (stated maturity date June 10, 2031) depends on the final underlier level: outcomes include full principal, capped upside, or a loss equal to the underlier return (you could lose your entire investment if the final level is below the trigger buffer). The offering size shown is $1,605,000 aggregate face amount and the original issue price is 100% of face amount. The notes are cash‑settled, issued in book‑entry form, and subject to the credit risk of GS Finance Corp. and its guarantor.

The issuer GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering structured medium-term notes linked to the Class A common stock of Palantir Technologies, Meta Platforms, and the common stock of Oracle and Intel. The notes have a stated maturity of June 12, 2031, are subject to automatic early redemption (automatic call) on specified observation dates beginning in June 2027, and pay a variable monthly coupon that can be the maximum coupon (based on $6.334 per $1,000 face amount times observation count less prior coupons) or the minimum coupon of $0.209 per $1,000. The offering's original issue price is 100% with an underwriting discount of 4% and net proceeds of 96% of face amount. The estimated value at pricing was approximately $942 per $1,000 face amount.

GS Finance Corp. offers market-linked, auto-callable medium-term notes (face amount $1,000 per security) linked to the common stock of NVIDIA Corporation, with quarterly contingent coupons and a June 22, 2029 stated maturity. The contingent coupon will be at least $33.75 per $1,000 (equivalent to 13.50% per annum) if the stock closing price on each quarterly calculation day meets or exceeds a coupon threshold equal to 60% of the starting price. The securities may be automatically called early if the stock closing price on a call date is greater than or equal to the starting price. If not called, principal at maturity depends on the ending price: if the ending price is below the downside threshold (also 60% of the starting price), holders will suffer losses up to and including a total loss; maturity payments equal $1,000 × performance factor otherwise. The estimated value at pricing is stated between $925 and $955 per $1,000 face amount; original offering price is $1,000 per security and underwriting discounts and fees reduce proceeds to the issuer.

GS Finance Corp. is offering medium-term notes (guaranteed by The Goldman Sachs Group, Inc.) linked to the common stock of GE Vernova Inc. The offering has an aggregate face amount of $6,079,000, an original issue price of 100% of face amount, and a stated maturity of June 25, 2027. The notes pay a contingent quarterly coupon (a $50.25-per-$1,000 step amount per qualifying observation period) only if the underlier closes at or above a coupon trigger level equal to 70% of the initial underlier level. The notes include an automatic-call provision if the underlier closes at or above the initial level on any call observation date; in that case each $1,000 note would be redeemed at $1,000 plus any coupon then due. If not called, principal at maturity depends on the final underlier level relative to a buffer level of 70% and a stated buffer rate of approximately 142.86%; the pricing supplement illustrates scenarios where investors can lose a substantial portion or all of their investment. The notes are unsecured senior debt issued under the GSFC 2008 indenture and are subject to issuer and guarantor credit risk, limited secondary-market liquidity and tax-uncertainty considerations.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal-protected contingent notes linked to an equally weighted 11-stock basket. The notes have an initial basket level of 100, an upside participation rate of 150%, an automatic-call feature that pays $1,145 per $1,000 if the basket on the call observation date meets or exceeds 100, and a trigger buffer level of 70%. Expected trade date is June 26, 2026, expected original issue date July 1, 2026, expected call observation date July 5, 2027, and expected stated maturity June 29, 2029. The estimated value at pricing is between $890 and $920 per $1,000. Payments at maturity depend on the basket return with limited anti-dilution protections and subject to issuer/guarantor credit risk.

GS Finance Corp. offers $4,427,000 of medium-term notes linked to NVIDIA Corporation (ticker: NVDA UW). The notes pay a contingent quarterly coupon (based on a 60% coupon trigger) and feature an automatic call if the underlier closes at or above the initial level of $205.10 on any call observation date. At maturity, unpaid principal is paid in cash tied to the underlier return; investors may lose up to 100% of principal if the final underlier level falls below the 60% trigger buffer. The notes are senior unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering capped buffer notes linked to the S&P 500® Index. The notes have a $1,000 face amount per note, an aggregate face amount of $2,030,000, and mature on September 10, 2027.

Payments at maturity depend on the S&P 500 closing level from June 4, 2026 (initial level 7,584.31) to the determination date. A 10% buffer protects against small declines (you receive the absolute underlier return if the decline is ≤10%), upside is capped at $1,160.30 per $1,000, and losses below the buffer are amplified by a buffer rate of ~111.11%. The notes pay no interest and are subject to issuer and guarantor credit risk.

GS Finance Corp. is offering fixed coupon, index‑linked notes guaranteed by The Goldman Sachs Group, Inc. The notes pay a fixed coupon of $14.5 per $1,000 (1.45% quarterly, up to 5.8% per annum), have an expected trade date of June 17, 2026, an expected original issue date of June 22, 2026, and an expected stated maturity of June 22, 2029. At maturity investors receive the final coupon plus a cash settlement amount tied to the performance of the lesser performing of the Russell 2000® and S&P 500® indices measured from the trade date to the determination date (expected June 18, 2029), subject to an 85% buffer level and related downside mechanics. The issuer discloses an estimated value at pricing of $925–$955 per $1,000 face amount and warns of issuer/guarantor credit risk, uncertain tax treatment, limited liquidity and potential substantial principal loss if the lesser performing index falls below the buffer.

GS Finance Corp. priced index-linked notes due December 31, 2026, guaranteed by The Goldman Sachs Group, Inc. The offering initially totals $220,000 aggregate face amount and references the Nasdaq-100, Russell 2000 and S&P 500; payment at maturity is based on the lesser performing underlier measured from the trade date June 5, 2026 to the determination date December 28, 2026. For each $1,000 face amount, investors will receive a cash settlement that is capped at $1,121.50 and floored at $900, with an upside participation rate of 100%. The estimated value at pricing was approximately $975 per $1,000 face amount.

GS Finance Corp. is offering structured, non‑interest bearing notes linked to the S&P 500® Index with an aggregate face amount of $1,399,000. Each $1,000 face‑amount note pays at maturity either (1) a capped upside return at an 110% participation rate subject to a $1,155 maximum settlement, (2) the face amount if the final index level is within 10% below the initial level (the 90% buffer level), or (3) a proportional loss if the final index level falls more than 10% below the initial level. The notes mature on July 9, 2027 (determination date July 6, 2027), do not pay interest, and are senior unsecured obligations of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The offering price is 100% of face amount (original issue price) less an underwriting discount of 0.4333%.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering structured, callable notes (aggregate face amount $5,566,000) that pay a contingent quarterly coupon and repay based on the performance of three equity indices. Each $1,000 note may pay a quarterly coupon of $25.375 (2.5375%), equal to 10.15% per annum, only if each underlier is at or above 70% of its initial level on the coupon observation date. The notes will be automatically called if, on any call observation date, every underlier is at or above its initial level; otherwise, at maturity the cash settlement for each $1,000 face amount equals $1,000 if the lesser performing underlier is at or above 70% of its initial level, or $1,000 + ($1,000 × lesser performing underlier return) if below that level, which could result in a total loss of principal. Trade date is June 5, 2026 and stated maturity is June 10, 2032. The calculation agent is Goldman Sachs & Co. LLC. The notes are unsecured senior obligations of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. priced bearish autocallable S&P 500® Index-linked notes guaranteed by The Goldman Sachs Group, Inc. The notes have a $1,000 face amount per note, expected trade date June 18, 2026, original issue date June 24, 2026, and stated maturity September 23, 2027.

If the S&P 500 closing level is below 80% of the initial level on any call observation date, the notes will be automatically called and pay $1,000 per $1,000 (0% return). If not called, at maturity holders receive $1,052.5 per $1,000 if the index return is ≥0% (a 5.25% contingent return). If the final index level is below the initial level but ≥80%, the holder receives $1,000 plus the absolute value of the negative index return (up to a 20% payment). If the final index level is <80%, maturity payment is limited to $1,000. The estimated value at term-setting is $925–$955 per $1,000. Read the pricing supplement for credit, tax and market-risk details.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., priced contingent income auto-callable securities totaling $5,294,000 linked to CrowdStrike Holdings, Inc. Class A common stock. The securities have a $1,000 principal amount per security, an initial share price of $671.02, a downside threshold price of $335.51 (50.00%), a pricing date of June 5, 2026 and an original issue date of June 10, 2026. Payments depend on a contingent quarterly coupon rule and an automatic call if the underlying closes at or above the initial share price on a call observation date; if the final share price is below the downside threshold, principal is reduced pro rata by the share performance factor.

GS Finance Corp. offers principal-protected contingent coupon notes guaranteed by The Goldman Sachs Group, Inc. The notes pay a monthly coupon of $8.00 per $1,000 face amount (0.8% monthly, potential up to 9.6% per annum) when the closing price of each index stock on a coupon observation date is at least 75% of its initial index stock price. The notes mature on the stated maturity date (expected June 30, 2031) unless automatically called early (first call opportunities commence in June 2027). Automatic redemption will occur if, on any call observation date, the closing price of each index stock is at least 95% of its initial index stock price; if called, holders receive $1,000 plus the coupon due. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.; the estimated value on the trade date is expected to be between $885 and $935 per $1,000 face amount.

GS Finance Corp. is offering principal-at-risk, non‑interest bearing structured notes linked to an equally weighted 11‑stock basket including MSFT, NVDA and AMD. The notes have an initial basket level of 100, an upside participation rate of 150%, a trigger buffer at 70 and an expected maturity of June 29, 2029. The notes will be automatically called if the basket closing level on the call observation date is ≥100, paying $1,190 per $1,000 face amount on the call payment date; otherwise payment at maturity depends on the basket return, with losses possible below the 70% trigger.

The offering prices medium-term structured notes issued by GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., with an aggregate face amount of $7,025,000. The notes pay a contingent monthly coupon of $17.959 per $1,000 face amount when each underlier equals or exceeds a 75% coupon trigger on observation dates and include an automatic call feature if each underlier equals or exceeds its initial level on a call observation date. If not called, the cash settlement at maturity is based solely on the performance of the lesser performing underlier, subject to a trigger buffer of 60% of each initial underlier level; principal can be fully lost if that underlier falls below the buffer. Trade date is June 5, 2026, original issue date June 10, 2026, and stated maturity June 10, 2032. The underliers are the Nasdaq-100 Technology Sector Index, the Russell 2000® Index and the VanEck Semiconductor ETF (SMH). Pricing models used by GS&Co. produce an estimated value below the original issue price; market value and liquidity may be limited and the notes are unsecured obligations subject to issuer and guarantor credit risk.

GS Finance Corp. offers $ Buffered Digital S&P 500® Index-Linked Notes due 2027, fully guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity is linked to the S&P 500 Index performance from the trade date to the determination date, with a 15% buffer (buffer level 85%) and a capped maximum settlement of at least $1,077.80 per $1,000 face amount. Key economics shown: face amount $1,000, original issue price 100% of face, underwriting discount 1% and net proceeds 99%. If the final underlier level is below the buffer level, losses are approximately 1.1765% of face for each 1% decline below the buffer (you could lose your entire investment). Terms (including issue price) are set on the trade date and certain dates and amounts are subject to adjustment as described in the supplement.

GS Finance Corp. is offering $5,000,000 in floating rate notes due June 9, 2033, guaranteed by The Goldman Sachs Group, Inc. The notes pay interest at compounded SOFR plus a 1.02% spread subject to a 0.50% per annum minimum, payable quarterly beginning September 9, 2026. The original issue date is June 9, 2026, original issue price 100%, underwriting discount 0.5% and net proceeds to the issuer approximately 99.5% of principal. Each note is $1,000 principal (integral multiples permitted). The issuer may sell additional notes later at different issue prices and terms, and Goldman Sachs affiliates may act as market makers; the notes will not be listed.

GS Finance Corp. offers principal‑protected‑style callable notes linked to Intuit Inc. common stock. The notes (expected trade date June 30, 2026) pay a quarterly coupon of $55.625 per $1,000 face amount when the index stock closes at or above 60% of the initial index stock price on observation dates. The notes may be automatically called beginning September 2026; stated maturity is expected to be July 2, 2029. At maturity, if the final index stock price is below the 60% trigger, redemption is reduced proportionally to the index stock return. The estimated value at pricing is between $925 and $955 per $1,000 face amount.

The issuer, GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.), is offering principal-protected contingent notes linked to a weighted basket of indices: the S&P 500® Futures Excess Return Index (65%), the MSCI EAFE Index (25%) and the MSCI Emerging Markets Index (10%).

The notes have an initial basket level of 100, an upside participation rate of 295%, a trigger buffer level of 80% and an expected trade date of June 9, 2026. If the basket on the call observation date meets or exceeds 100 the notes are automatically called for $1,150 per $1,000 face amount; otherwise maturity payoffs depend on the final basket level, with losses possible below the 80% buffer. The estimated value at issuance is $885–$925 per $1,000 face amount.

GS Finance Corp. is offering leveraged, index-linked notes tied to the MSCI EAFE Index, due June 14, 2028, with principal and returns paid in cash and guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, carry a 170% upside participation rate and a $1,425 maximum settlement amount per $1,000 face amount; losses occur if the final index level is below the initial level, potentially resulting in a total loss of principal.

Trade date terms shown: trade date June 9, 2026, original issue date June 12, 2026, determination date June 9, 2028, and stated maturity date June 14, 2028. Pricing, issue price, underwriting discount and net proceeds will be set on the trade date.

The Goldman Sachs Group, Inc. is offering Callable Fixed Rate Notes due June 9, 2036 that pay interest at 5.50% per annum from the original issue date June 9, 2026.

Interest is payable semiannually on June 9 and December 9, beginning December 9, 2026. The issuer may redeem the notes in whole (but not in part) on each quarterly redemption date on or after June 9, 2027 at a redemption price equal to 100% of principal plus accrued interest. The offering size is $6,603,000 at an initial price to public of 100%, with an underwriting discount of 0.75% and estimated offering expenses of $15,000.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured, non‑interest bearing notes linked to an equally weighted basket of eight stocks. The notes have an initial basket level of 100, an upside participation rate of 125%, a buffer level of 85% and an automatic call feature expected on June 25, 2027 with a call payment of at least $1,224 per $1,000 face amount if triggered.

The trade date is expected to be June 12, 2026, the original issue date June 17, 2026, and the stated maturity is expected to be June 15, 2028. The prospectus discloses an estimated value of the notes on the trade date of between $900 and $930 per $1,000 face amount and makes clear holders are exposed to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. is offering callable contingent coupon notes due May 17, 2028 (guaranteed by The Goldman Sachs Group, Inc.) linked to two ETFs: VanEck Gold Miners (GDX) and VanEck Semiconductor (SMH). Each $1,000 note may pay a contingent monthly coupon of $20.042 if both underliers close at or above 60% of their initial levels on observation dates. At maturity the cash settlement per $1,000 depends on the lesser performing underlier; if that underlier is below 60% the investor bears proportional principal loss. The issuer may redeem notes on coupon dates beginning December 2026.

The Goldman Sachs Group, Inc. is offering $9,000,000 principal amount of Callable Fixed Rate Notes due May 25, 2046 that pay interest at 6.00% per annum from and including the original issue date of June 9, 2026. Interest is payable annually each June 9, beginning June 9, 2027. The issuer may redeem the notes in whole, not in part, on each redemption date (each March 9, June 9, September 9 and December 9 on or after June 9, 2029) at 100% of principal plus accrued interest, with at least five business days’ prior notice.

The notes will be issued in book-entry form through DTC and settle on June 9, 2026. Initial price to public is 100% (underwriting discount 1.327% or $119,430), with proceeds before expenses to the issuer of $8,880,570. The offering is subject to distribution restrictions in multiple jurisdictions and FATCA withholding rules.

GS Finance Corp. is offering callable contingent coupon ETF-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes reference the iShares® Bitcoin Trust ETF and the iShares® Ethereum Trust ETF and pay a conditional monthly coupon of $19.584 per $1,000 face amount when both underliers meet a 50% trigger on observation dates. The issuer may redeem notes on coupon payment dates from June 2027 through May 2029 at par plus any coupon. At maturity (expected June 12, 2029), if the lesser performing underlier is below 50% of its initial level you may lose a substantial portion or all of your principal; if both are >= 50% you receive par plus any final coupon. The estimated value at pricing is between $925 and $955 per $1,000 face amount.

GS Finance Corp. is offering $1,000-face autocallable contingent coupon equity-linked notes linked to Rocket Lab Corporation (RKLB UW). The notes pay a contingent monthly coupon of $33.334 per $1,000 (3.3334% monthly, potential ~40.00% per annum) when the underlier is >= 50% of the initial level on coupon observation dates. The notes are automatically called if the underlier closing level is >= the initial underlier level on any call observation date, in which case holders receive $1,000 plus any coupon then due. If not called, cash at maturity equals $1,000 if the final underlier level is >= the 50% trigger buffer; if below, the cash settlement equals $1,000 × (1 + underlier return), which can result in total loss of principal if the final level is far below the initial level. Trade date is June 12, 2026, original issue date June 17, 2026, and stated maturity is May 17, 2028. The notes are senior unsecured obligations of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., and are subject to the credit risk of both.

GS Finance Corp. is offering callable contingent coupon ETF-linked notes due May 17, 2028, fully guaranteed by The Goldman Sachs Group, Inc.. Each note has a $1,000 face amount and will pay a contingent monthly coupon of $18.667 per $1,000 (1.8667% monthly, up to approximately 22.4% annually) when both underliers meet their coupon trigger levels.

Payments at maturity depend on the lesser performing underlier (VanEck Gold Miners ETF GDX and VanEck Semiconductor ETF SMH): if the final level of the lesser performing underlier is below its trigger buffer level (50% of its initial level), principal will be reduced proportionally and an investor could lose the entire investment. The issuer may redeem the notes on coupon payment dates beginning in September 2026.

GS Finance Corp. is offering Leveraged Buffered Russell 2000® Index-Linked Notes due 2027, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and pays no interest. At maturity the cash payment depends on the Russell 2000 level versus the initial level: full face amount if the decline is within a 10% buffer, a leveraged upside at 110% participation capped at $1,222.50, and proportional downside beyond the 90% buffer level, which can result in substantial principal loss.

Trade date is June 22, 2026, original issue date June 25, 2026, determination date July 22, 2027 and stated maturity date July 27, 2027 (each subject to adjustment). The notes are book-entry, CUSIP 40054RY21, and their estimated value on the trade date per GS&Co. pricing models is less than the original issue price.

The issuer, GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.), is offering leveraged index-linked notes linked to the Russell 2000® and the S&P 500® with an upside participation rate of 109.75%. Each note has a $1,000 face amount and expected trade date June 30, 2026 with expected stated maturity July 6, 2029. The cash payment at maturity is based on the performance of the lesser performing index, subject to an 82% buffer level and an 18% buffer amount, producing upside when index returns are nonnegative and potentially large losses if the lesser performing index falls below the buffer. The estimated value at issuance is stated between $925 and $965 per $1,000 face amount. The notes do not bear interest and are unsecured obligations subject to the credit risk of the issuer and guarantor.

GS Finance Corp. is offering Autocallable Contingent Coupon Index-Linked Notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Russell 2000® Index and the S&P 500® Index. Each $1,000 face amount may pay a contingent monthly coupon of $8.75 (0.875% monthly; up to 10.50% per annum) if both underliers meet their coupon trigger of 70% on observation dates.

Notes are automatically called on a call payment date if both underliers are at or above their initial levels on a related call observation date. If not called, the cash settlement at maturity depends solely on the lesser performing underlier relative to its initial level; a final level below the trigger buffer of 60% can produce substantial principal loss, including the possible loss of the entire investment. Trade date is June 12, 2026, original issue date June 17, 2026, and stated maturity June 17, 2031. Calculation agent: Goldman Sachs & Co. LLC.

GS Finance Corp. is offering autocallable, contingent-coupon, index-linked notes guaranteed by The Goldman Sachs Group, Inc. The notes reference the S&P 500® and Russell 2000®, have a trade date expected June 25, 2026, an original issue date expected June 30, 2026, and a stated maturity expected June 30, 2031. Monthly coupons of $5.834 per $1,000 (0.5834% monthly, ~7% p.a.) are paid only if both indices close at or above 80% of their initial levels on a coupon observation date. Notes are automatically called if, on any call observation date starting June 2027, each index closes at or above its initial level; called holders receive face amount plus the coupon. At maturity (if not called), the cash settlement depends solely on the lesser performing index with a buffer at 85% of initial levels; losses occur if the lesser performing index is below that buffer. The estimated value at pricing is between $885 and $935 per $1,000 face amount; original issue price is 100% of face. Payments are subject to issuer and guarantor credit risk and complex tax treatment.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., offers autocallable fixed‑coupon index‑linked notes tied to the Nasdaq‑100® and Russell 2000® indices. The notes pay a fixed quarterly coupon of $14 per $1,000 (1.4% quarterly, up to 5.6% per annum), are callable on specified observation dates beginning June 17, 2027, and have a stated maturity expected to be June 22, 2029. At maturity, if not called, principal repayment depends on the lesser performing index relative to a 15% buffer, and investors may lose a substantial portion of principal if the lesser performing index declines below that buffer. The estimated value at pricing is stated between $925 and $955 per $1,000 face amount, below the original issue price.