Goldman Sachs Group Inc. 424B Filings

GS Finance Corp. is offering 518,900 Autocallable Leveraged Index Return Notes® (aggregate principal $5,189,000) due June 12, 2028, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc.. The notes pay no periodic interest and feature an automatic call on the Call Observation Date (June 11, 2027) if the Observation Value is greater than or equal to the Call Value, in which case holders receive a $12.70 Call Payment per unit.

If not called, at maturity the notes provide 150.00% participation in upside, an absolute‑return feature that can produce a positive return for modest declines down to the Threshold Value ($439.27, 70.00% of the Starting Value), and 1:1 downside exposure below the Threshold Value with up to 100.00% of principal at risk. All payments are subject to the credit risk of GSFC and GSG and to limited secondary‑market liquidity.

GS Finance Corp. is offering medium-term notes, guaranteed by The Goldman Sachs Group, Inc., linked to the Russell 2000® Index. The notes have an aggregate face amount of $330,000, a three-year scheduled term with an original issue date of June 9, 2026, and a stated maturity date of June 7, 2029 (dates subject to adjustment).

These notes pay no interest, feature an automatic call on the call observation date if the underlier is at or above its initial level, and provide a capped call payment of $1,136 per $1,000 face amount if called. If not called, maturity payoffs depend on the final Russell 2000 level: participation is 150% on upside, with a downside buffer set at 85% and a buffer amount of 15%. The notes are cash-settled, priced at 100% of face with a 0.35% underwriting discount.

GS Finance Corp. is offering autocallable contingent coupon index-linked notes guaranteed by The Goldman Sachs Group, Inc. The notes mature June 13, 2029 (expected) and may be automatically called on quarterly observation end dates beginning September 2026. Coupons equal $30.625 per $1,000 (a 3.0625% quarterly coupon, 12.25% per annum potential) are payable for a quarter only if each index stays at or above 70% of its initial level every trading day in the quarterly observation period. At maturity, if not called, principal repayment depends on the lesser performing index: investors receive full principal if that index is >= 60% of initial level, otherwise payment is reduced pro rata by the lesser performing index return. The estimated value at pricing is between $932 and $962 per $1,000 face amount.

GS Finance Corp. is offering $1,000 face-amount, leveraged buffered S&P 500® Index-linked notes due July 27, 2027, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity depends on the S&P 500 performance from the trade date through the determination date.

Key terms: upside participation of 110% subject to a $1,152.50 maximum settlement, a 10% buffer (buffer level = 90% of initial level) and a face-amount settlement formula that may repay $1,000, a capped upside amount, or a reduced cash amount when losses exceed the buffer. Trade date is June 22, 2026 and original issue date is June 25, 2026. The notes are senior debt under the GSFC 2008 indenture and carry issuer and guarantor credit risk.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured notes linked to the S&P 500® Index, the common stock of Tesla, Inc. and the common stock of NVIDIA Corporation. The notes mature on June 7, 2029 unless automatically called on any call observation date beginning in September 2026 through May 2029. Notes are automatically called if the closing level of each underlier on a call observation date is greater than or equal to its initial level; called notes pay the face amount plus any accrued coupon.

Monthly coupons are determined by a formula equal to $12.917 per $1,000 times the number of coupon observation dates met (1.2917% monthly, potential for ~15.5% per annum) subject to a coupon trigger level of 70% of each initial underlier level. At maturity the cash settlement depends on whether a trigger event (all final underlier levels < initial levels) has occurred; if it has, the payout equals $1,000 plus $1,000 times the lesser performing underlier return, which could be substantially less than $1,000. The pricing supplement states the estimated value on the trade date was approximately $966 per $1,000 face amount; original issue price is 100% with a 1.1% underwriting discount (net proceeds 98.9%).

The Goldman Sachs Group, Inc. is offering fixed rate senior notes due June 18, 2036 with an annual interest rate of 5.25%, a trade date of June 16, 2026, and original issue date of June 18, 2026. The notes will be issued in denominations of $1,000 and integral multiples thereof, issued in book‑entry form and registered in the name of DTC or its nominee.

The notes are not listed, will use a 30/360 (ISDA) day count convention for interest, and will be issued under the company’s Medium‑Term Notes, Series N program. The pricing supplement supplements the accompanying prospectus and prospectus supplement and governs where inconsistent.

GS Finance Corp. offers $7,057,000 of Trigger Autocallable Contingent Yield Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes reference the common stock of Amazon.com, Inc., pay a monthly contingent coupon of $0.11084 per $10 face amount (up to approximately 13.30% per annum) only if the index stock closes at or above a 70% coupon barrier on observation dates. The initial underlying stock price was set at $250.02 (strike date June 3, 2026); the notes may be automatically called beginning September 2026 if the stock closes at or above the initial price on a call observation date. At maturity (determination date June 5, 2028, stated maturity June 8, 2028) holders receive full face amount only if the final stock price is at or above the 70% downside threshold; otherwise principal repayment is reduced in proportion to the stock return and investors could lose all or most of their investment. Payments are subject to the issuer’s and guarantor’s credit risk.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured notes linked to three underliers: the Nasdaq-100 Index®, the iShares® Expanded Tech-Software Sector ETF and the VanEck Gold Miners ETF. The notes mature on June 11, 2029 unless the issuer redeems earlier. Coupons (up to 1.2584% monthly, or ~15.1% annually) are paid only on payment dates when each underlier closes at or above 60% of its initial level. At maturity the cash payment depends on the lesser performing underlier: you get full principal if that underlier is >= 60% at final observation, no coupon if between 50% and 60%, and a pro rata loss if it falls below 50%. The estimated value at pricing was approximately $975 per $1,000 face amount; original issue price is 100% with a 1% underwriting discount.

The issuer GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering market-linked medium‑term notes linked to the Goldman Sachs Momentum Builder® Focus ER Index. The notes have an aggregate face amount of $1,384,000, a stated maturity of June 9, 2033, and annual automatic call observation dates beginning June 4, 2027. If a call condition is met, holders receive the face amount plus a fixed call premium; if not called, the maturity payment depends on index performance subject to a 100% upside participation rate and a principal floor equal to the face amount. The pricing supplement discloses an original issue price equal to face amount less an underwriting discount of 4.375% and an estimated trade‑date value of $897 per $1,000 face amount (additional amount $59.25 declining to zero by September 3, 2026).

GS Finance Corp. priced structured notes linked to a weighted equity basket that mature on June 9, 2031 and may be automatically called on June 11, 2027. Each note has a $1,000 face amount and the basket initial level is 100. The basket weights are 65% S&P 500® Futures Excess Return Index, 25% MSCI EAFE and 10% MSCI Emerging Markets. If called, each $1,000 note pays $1,150 on the call payment date; at maturity payments depend on the basket return with an upside participation rate of 232.5%, a trigger buffer at 70% of the initial level and full downside exposure below that buffer.

The offering lists an original issue price of 100% of face, underwriting discount of 1.1% and net proceeds to the issuer of 98.9% of face. The estimated value on the trade date was approximately $975 per $1,000 face amount. The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc.; payments depend on issuer and guarantor creditworthiness.

The pricing supplement describes GS Finance Corp. notes (guaranteed by The Goldman Sachs Group, Inc.) linked to the Goldman Sachs Momentum Builder® Focus ER Index (Bloomberg: GSMBFC5 Index). The notes pay annual automatic-call cash amounts if the index meets a call level (101%). If not called, maturity payment depends on index performance with a 100% upside participation rate and a principal floor equal to face amount. Key economics: aggregate face amount $1,170,000, $1,000 face per note, trade date June 4, 2026, stated maturity June 9, 2033. The supplement discloses an estimated trade-date value of $897 per $1,000 face and an underwriting discount of 4.375%. The index methodology includes daily rebalancing, a 5% realized volatility control, a momentum risk control, and a 0.65% per annum deduction; large allocations to hypothetical cash positions are possible, which may materially reduce index returns.

GS Finance Corp. offers structured, principal-at-risk notes guaranteed by The Goldman Sachs Group, Inc. The offering totals $3,216,000 (face amount) in notes with a $1,000 face amount per note. The notes pay a contingent monthly coupon of $8.542 per $1,000 (0.8542% monthly, ~10.25% per annum potential) only when both underliers meet their coupon trigger levels (70% of initial).

Underliers are the Russell 2000® (initial level 2,935.327) and the S&P 500® (initial level 7,584.31). If both underliers meet their initial levels on a call observation date, the notes are automatically called and redeemed at $1,000 plus any coupon then due. If not called, the cash settlement at maturity (determination date June 4, 2031; stated maturity June 9, 2031) is based solely on the lesser performing underlier: if that underlier is below its trigger buffer level (60% of initial), principal is reduced pro rata (you can lose your entire investment).

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering contingent coupon index-linked notes tied to the S&P 500®, Russell 2000® and Dow Jones Industrial Average®. The notes mature on June 14, 2029 (expected) and pay quarterly contingent coupons only if each index closes at or above 85% of its initial level on observation dates.

At maturity the cash payment is based on the lesser performing index: if each index is ≥85% of its initial level you receive $1,000 plus any final coupon; if any index is <85% you may receive less than face amount, reduced pro rata by the lesser performing index return plus a 15% buffer. The estimated value at pricing is between $925 and $955 per $1,000 face amount.

GS Finance Corp. is offering autocallable contingent coupon index-linked notes due December 15, 2028, guaranteed by The Goldman Sachs Group, Inc.. Each note has a $1,000 face amount, a contingent monthly coupon of $8.75 per $1,000 (a 0.875% monthly coupon, up to 10.5% annually), and automatic call and coupon observation schedules beginning in July 2026. Coupons are payable only if each underlier closes at or above a coupon trigger level equal to 65% of its initial level; the cash settlement at maturity (if not called) depends solely on the lesser performing underlier. The underliers are the Nasdaq-100, Russell 2000 and S&P 500 indices. The prospectus warns that investors could lose their entire investment and that the original issue price exceeds the estimated value per GS&Co.'s pricing models.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured notes linked to the common stock of Intuit Inc. The notes pay a quarterly coupon of $55.625 per $1,000 face amount (5.5625% quarterly, up to 22.25% per annum) only if the index stock closing price on a coupon observation date is ≥ 60% of the initial index stock price. The notes mature on the stated maturity date (expected July 2, 2029) unless automatically called on observation dates beginning September 2026. If not called, the cash settlement at maturity depends on the index stock return: if the final index stock price is ≥ 60% of the initial index stock price, you receive $1,000 plus any final coupon; if below 60%, the payment equals $1,000 plus (index stock return × $1,000), which can result in receiving substantially less than principal. The estimated value on the trade date is expected to be between $925 and $955 per $1,000 face amount; original issue price is 100% with a 2% underwriting discount (net proceeds to issuer 98%).

GS Finance Corp. offers $ Autocallable Contingent Coupon Equity‑Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Class A common stock of AppLovin Corporation and pay a contingent monthly coupon of $22.50 per $1,000 (a 2.25% monthly rate, up to 27.00% per annum) when the underlier meets the coupon trigger. The notes are automatically called on specified quarterly call observation dates if the underlier is at or above the initial underlier level. If not called, principal repayment at maturity depends on the underlier: full principal is preserved at or above the 50% trigger buffer, but investors can lose up to their entire investment if the final underlier level falls far below that level. Trade date is June 9, 2026, original issue date is June 12, 2026, and stated maturity is June 14, 2028. The underwriting discount is 1% (net proceeds 99% of face amount). This pricing supplement emphasizes credit risk of GS Finance Corp. and its guarantor, limited liquidity, uncertain tax treatment, and that the notes do not convey shareholder rights.

GS Finance Corp. priced Callable S&P 500® Index-Linked Notes due 2031 with an aggregate face amount of $14,154,000. The notes have a $1,000 denomination, trade date June 4, 2026, original issue date June 9, 2026 and stated maturity June 9, 2031. At maturity the cash payment per $1,000 face amount equals $1,000 plus 100% of the S&P 500® Index return if the final index level is greater than the initial level of 7,584.31; otherwise the holder receives $1,000.

The issuer may redeem the notes in whole on specified quarterly call payment dates beginning June 9, 2027 through March 7, 2031 for 100% of face plus a specified call premium (table provided). The estimated value at trade date was approximately $971 per $1,000 face amount; original issue price is 100%, underwriting discount 2.5%, net proceeds to issuer 97.5%.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering contingent monthly-coupon, principal-at-risk notes linked to three underliers. The aggregate face amount is $3,523,000, issued at 100% of face with a 1% underwriting discount. Coupons are contingent monthly payments of $13.584 per $1,000 (1.3584% monthly, up to ~16.30% per annum) payable only if each underlier is ≥ its coupon trigger level (60% of initial). At maturity, if not redeemed, cash settlement per $1,000 depends on the lesser performing underlier: if that underlier is ≥ its 50% trigger buffer level, principal may be preserved; if below, repayment equals $1,000 × the lesser performing underlier return, potentially resulting in a total loss of principal. The issuer may redeem on specified quarterly coupon payment dates beginning December 2026. Trade date is June 4, 2026, stated maturity is June 9, 2031. Credit risk, limited liquidity, tax uncertainty (Section 1260/FATCA) and model/pricing conflicts are disclosed.

GS Finance Corp. is offering callable, principal‑at‑risk notes linked to the S&P 500® Index, the State Street® Technology Select Sector SPDR® ETF (XLK) and the State Street® Real Estate Select Sector SPDR® ETF (XLRE). The notes have a stated maturity of June 11, 2029, are callable by the issuer on monthly coupon dates beginning in June 2027, and pay a conditional monthly coupon of $7 per $1,000 face amount (0.7% monthly, up to 8.4% per annum) only when each underlier’s closing level on an observation date is at least 50% of its initial level. The cash payment at maturity is determined by the lesser performing underlier: if each final underlier level is at least 60% of its initial level, holders receive $1,000 plus any final coupon; if the lesser performing underlier is below 60% but at least 50%, maturity payment scales with the lesser return (between 50% and 59.999% of face); if the lesser performing underlier is below 50%, holders receive an amount equal to $1,000 multiplied by that lesser performing underlier return and will not receive the final coupon. The aggregate original face amount on issuance was $622,000. The estimated model value at pricing was approximately $960 per $1,000 face amount, with an original issue price of 100% and an underwriting discount of 1%.

The issuer, GS Finance Corp., is offering structured, principal‑at‑risk, S&P 500®‑linked notes with a 10% downside buffer and an upside participation rate of 200%. Each note has a $1,000 face amount, a maximum settlement amount of $1,242.50, and a stated maturity of June 8, 2028. If the final S&P 500 level on the determination date is at or above 90% of the initial level, holders receive at least the face amount; if it is below the buffer, losses are linear below the buffer and can be substantial. The notes pay no interest, are cash‑settled, are guaranteed by The Goldman Sachs Group, Inc., and are subject to the issuer and guarantor credit risk.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering structured callable notes linked to the common stocks of AMD, Alphabet (Class A), Palantir (Class A) and Tesla. The notes pay a monthly coupon that is either $10.084 (maximum) or $0.209 (minimum) per $1,000 face amount depending on monthly observation prices, may be automatically called beginning in June 2027, and are expected to mature on June 30, 2031. The trade date is expected to be June 25, 2026, and the estimated value on the trade date is between $885 and $935 per $1,000 face amount. Payments are subject to the issuer's and guarantor's credit risk and to adjustments for market disruptions and corporate events.

The issuer GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering medium-term structured notes linked to the VanEck Semiconductor ETF (SMH). Each $1,000 face amount pays no interest and is subject to an automatic call on the call observation date if the underlier closes at or above the initial level, in which case each $1,000 would pay $1,320.60 on the call payment date.

If not called, the cash settlement at maturity depends on the final underlier level versus the initial level and an 80% buffer: upside participation is 100%; the buffer rate is 125%. Trade date is June 4, 2026, original issue date June 9, 2026, determination date June 5, 2028, and stated maturity June 8, 2028. The notes may result in a significant loss, including a total loss of principal if the final underlier level is below the buffer level.

GS Finance Corp. is offering Trigger Autocallable GEARS linked to an equally weighted basket of 20 stocks, with payments guaranteed by The Goldman Sachs Group, Inc. The securities have an expected trade date of June 8, 2026, an expected call observation date of June 15, 2027 and an expected stated maturity date of June 13, 2029. If the basket closing level on the call observation date is greater than or equal to the autocall barrier (100.00% of the initial level), the notes will be automatically called and pay for each $10 face amount the $10 principal plus $10 times the call return (expected between 10.50% and 10.60%). If not called, at maturity holders receive $10 plus upside gearing (1.25) times the basket return if the final basket level exceeds 100, $10 if the final level is between 75.00% and 100.00%, or a pro rata loss if the final level is below 75.00% (downside exposure). The estimated value at pricing is between $9.35 and $9.65 per $10 face amount; original issue price is 100.00% of face amount. Payments are unsecured and subject to issuer and guarantor credit risk.

GS Finance Corp. is offering S&P 500® index-linked notes due 2029, fully guaranteed by The Goldman Sachs Group, Inc. Each note has a face amount of $1,000, pays no interest, and will settle in cash at maturity based on the S&P 500 performance measured from the trade date to the determination date. If the final underlier level exceeds the initial level, the holder receives $1,000 + ($1,000 × underlier return) subject to a maximum settlement amount of $1,245. If the final underlier level is equal to or below the initial level, the holder receives the $1,000 face amount. Key dates shown are trade date: June 12, 2026, original issue date: June 17, 2026, determination date: June 12, 2029, and stated maturity date: June 15, 2029. The pricing supplement discloses that the original issue price will exceed GS&Co.’s estimated value and that purchasers bear issuer/guarantor credit risk, limited upside because of the cap, limited liquidity, and specific U.S. federal tax treatment as a contingent payment debt instrument.

GS Finance Corp. priced principal-at-risk, non-interest bearing notes linked to the Nasdaq-100 Index. Each $1,000 note participates at 150% on upside, includes a 10% buffer (buffer level = 90%), and can be automatically called on the call observation date for a capped cash payment of $1,117.50 per $1,000. The notes mature in June 2029 with an initial underlier level of 30,407.81. Investors are exposed to issuer/guarantor credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., and may lose their entire investment if the final underlier level falls below the buffer level.

The Goldman Sachs Group, Inc. is offering callable fixed rate notes due 2046. The notes pay interest at 6.05% per annum from the original issue date (expected June 25, 2026) to the stated maturity (expected June 25, 2046), with annual interest payments expected each June 25 starting June 25, 2027. The issuer may redeem the notes in whole, but not in part, on scheduled quarterly redemption dates beginning on or after June 25, 2029, at a redemption price equal to 100% of principal plus accrued interest. The notes will be issued in book-entry form through DTC, underwriters include Goldman Sachs & Co. LLC and InspereX LLC, and delivery is expected in New York on June 25, 2026.

GS Finance Corp. is offering Autocallable Contingent Coupon Equity-Linked Notes due June 8, 2029, guaranteed by The Goldman Sachs Group, Inc., linked to the Class A common stock of Snap Inc. (ticker: SNAP). Each $1,000 note may pay a contingent monthly coupon of $22.375 (2.2375% monthly; up to 26.85% per annum) when the underlier is at or above a coupon trigger of 50% of the initial level. The notes are subject to an automatic quarterly call if the underlier closes at or above the initial level; if not called, maturity redemption depends on the final underlier level relative to a trigger buffer of 50%. The initial underlier level is $5.76 (closing June 5, 2026). Investors may lose up to their entire investment if the final underlier level is below the trigger buffer; coupons may be zero on many observation dates. Trade date is June 8, 2026 and original issue date is June 11, 2026.

GS Finance Corp. priced indexed, non‑interest notes linked to the Goldman Sachs Momentum Builder® Focus ER Index. Trade date is June 3, 2026 with original issue date June 8, 2026 and stated maturity June 6, 2031. The notes pay no interest and feature annual automatic call observations beginning June 2027. If not called, maturity payment per $1,000 face will be $1,542.50 if the final index level >= 101% of the initial index level (initial index level: 114.20); otherwise investors receive $1,000. The index is volatility‑ and momentum‑managed and subject to a 0.65% per annum deduction; substantial allocations to cash positions are possible. The estimated value on the trade date was approximately $941 per $1,000 face; original issue price was 100% with underwriting discount 0.25% (net proceeds 99.75%).

GS Finance Corp. offers structured notes linked to the Nasdaq-100 Index® and the iShares® Expanded Tech-Software Sector ETF (IGV). The offering has an aggregate face amount of $514,000 on the original issue date and an original issue price of 100% of face amount. The notes mature on June 11, 2030 unless automatically called on specified call observation dates beginning June 4, 2027. If a redemption event occurs on a call observation date, each $1,000 face amount will be redeemed with a call premium (the call premiums rise for later call dates, up to 75.2% at maturity). At maturity, if not called, the cash payment is determined by the performance of the lesser performing underlier: if both underliers are at or above initial levels a capped payout applies; if any underlier is below 70% of its initial level, the payout is reduced proportionally to the lesser performing underlier return. The estimated value at pricing was approximately $972 per $1,000 face amount. These notes 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 Contingent Coupon Equity-Linked Notes due 2027, guaranteed by The Goldman Sachs Group, Inc., linked to the common stock of UnitedHealth Group Incorporated (UNH). The notes trade on June 11, 2026, are issued on June 16, 2026 and mature on December 16, 2027.

Each $1,000 face amount pays a contingent monthly coupon only if the closing level of the underlier is at or above the coupon trigger level of 70% of the initial underlier level on the observation date. The notes are automatically called if the underlier on any call observation date is at or above the initial underlier level; if not called, the cash settlement at maturity is $1,000 if the final underlier level is at or above the trigger buffer level of 70%, or otherwise equals $1,000 plus $1,000 times the underlier return. Investors can lose their entire investment if the final underlier level is sufficiently low.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering autocallable contingent coupon equity-linked notes linked to the common stock of Tesla, Inc. (ticker: TSLA). Each note has a $1,000 face amount reference. The notes pay a contingent monthly coupon only if the underlier closing level is at or above a 60% coupon trigger on the coupon observation date; the coupon calculation uses $12.834 per observation-period increment as described. The notes will be automatically called on quarterly call dates if the underlier closing level is greater than or equal to the initial underlier level. Trade date is June 11, 2026, original issue date is June 16, 2026, and stated maturity is June 14, 2029. At maturity, if not called, cash settlement per $1,000 face depends on the final underlier return and is capped at 100% of face; if the final underlier level is below the 60% trigger buffer level, investors may lose a substantial part or all of their investment. The notes are subject to issuer and guarantor credit risk, limited liquidity, tax uncertainty, and other structural risks described in the supplement.

The Goldman Sachs Group, Inc. proposes a primary offering of fixed rate notes due June 18, 2036 with an annual interest rate of 5.10%. The notes are issued in U.S. dollars in denominations of $1,000, have a trade date of June 16, 2026 and an original issue date of June 18, 2026.

The notes will be registered in book-entry form via DTC under a master global note and will not be listed on an exchange. The pricing supplement states the original issue price, underwriting concession and net proceeds will be set on the trade date; certain fee‑based advisory accounts may pay an original issue price between specified percentages and 100%.

GS Finance Corp. is offering $1,000 face‑amount Leveraged Buffered Equity‑Linked Notes due June 28, 2028, linked to Eli Lilly and Company (LLY). The notes pay no interest and deliver a cash settlement at maturity based on the underlier's performance from the trade date to the determination date.

If the final underlier level is ≥ the initial level, holders receive $1,000 plus 150% of the underlier return capped at a maximum upside settlement amount of $1,432.50 per $1,000 face amount. If the final level is between the initial level and the buffer level (80% of initial), holders receive $1,000 plus the absolute underlier return. If the final level is below the buffer, losses occur pro rata and could materially reduce the face amount returned at maturity. The notes are senior debt of GS Finance Corp. and are unconditionally guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. is offering principal-protected-style notes linked to the S&P 500® Futures 40% VT Adaptive Response 4% Decrement Index (USD) ER. The notes have a face denomination of $1,000 and an expected trade date of June 11, 2026 with an expected original issue date of June 16, 2026 and stated maturity around June 16, 2031. Quarterly coupons of $21.50 per $1,000 (2.15% quarterly, up to 8.6% per annum) are payable only if the index closing level on a coupon observation date is at or above 55% of the initial underlier level. The notes are automatically called if the index on a call observation date is at or above 91% of the initial level. The index applies up to 500% leverage, targets 40% volatility, and deducts a 4.0% per annum daily decrement; these features can materially reduce payments. The estimated value at pricing is between $885 and $925 per $1,000 face amount. Payments are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. offers structured medium‑term notes (guaranteed by The Goldman Sachs Group, Inc.) linked to the State Street SPDR S&P Metals & Mining ETF (XME) and the Global X Copper Miners ETF (COPX). The notes have an expected stated maturity of December 10, 2026 and expected trade/original issue dates in June 2026. Monthly coupons of $10.417 per $1,000 (1.0417% monthly) are payable only if the closing level of each ETF on an observation date is ≥75% of its initial level. If not redeemed, the maturity payment depends on the lesser performing ETF: full principal if each ETF’s final level ≥75% of its initial level, otherwise a buffered loss applying a buffer rate of ~133.33% to the shortfall beyond 25%. The estimated value at pricing is $925–$955 per $1,000, below the original issue price of 100% of face amount.

GS Finance Corp. priced an offering of autocallable, index-linked notes due expected June 23, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, carry an automatic-call on the call observation date (expected June 24, 2027) for a fixed cash call payment of $1,111 per $1,000 face amount, and otherwise pay at maturity based on the performance of the lesser performing underlier (the S&P 500^® and Nasdaq-100^®) with a 200% upside participation rate and a 70% trigger buffer. The estimated model value at pricing is $885–$925 per $1,000 face amount, while the original issue price is set at 100% of face amount, reflecting fees and hedging costs.

The structure exposes holders to credit risk of the issuer and guarantor, potential total loss if the lesser performing underlier falls below 70% of its initial level, tax characterization uncertainty, and limited secondary-market liquidity.

GS Finance Corp. is offering $1,000 face amount autocallable contingent coupon index-linked notes due June 17, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent monthly coupon of $8.417 per $1,000 (approximately 10.10% per annum) when each underlier is at or above a 70% coupon trigger level on observation dates and may be automatically called if all underliers are at or above their initial levels on call observation dates. At maturity the cash settlement for each $1,000 face amount is either $1,000 or $1,000 plus $1,000 times the lesser performing underlier return; losses can be up to the full principal. Trade date is June 12, 2026 and the notes reference the Dow Jones Industrial Average, Russell 2000 and S&P 500.

GS Finance Corp. is offering autocallable, contingent-coupon equity-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes link to Circle Internet Group, Inc. Class A common stock with an initial underlier level of $80.28. They pay a contingent monthly coupon of $24.667 per $1,000 when the underlier is >= 50% of the initial level and will be automatically called if the underlier closes at or above the initial level on a call observation date. At maturity the cash settlement is cash-based: if the final underlier level is below 50% the investor absorbs downside (cash settlement = $1,000 × underlier return), and if >= the trigger buffer level the principal is returned. Trade date is June 8, 2026, original issue date June 11, 2026, and stated maturity is June 8, 2029. The notes are subject to issuer and guarantor credit risk and may lack liquidity.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured medium-term notes linked to three ETFs (VanEck Gold Miners ETF, SPDR® Gold Trust, iShares® Silver Trust). The notes mature December 10, 2026 unless redeemed and pay a monthly coupon of $10 per $1,000 (1% monthly) only if each ETF closes at or above 75% of its June 5, 2026 initial level on an observation date. At maturity the cash settlement depends on the lesser performing ETF; a buffer of 25% with a buffer rate of approximately 133.33% applies, which can limit upside and expose investors to downside below the buffer. The estimated value at pricing is between $925 and $955 per $1,000 face amount. The issuer may redeem notes on coupon payment dates from August through November 2026 at par plus any coupon then due. Payments remain subject to the issuer’s and guarantor’s credit risk.

GS Finance Corp. is offering autocallable contingent coupon equity-linked notes due June 8, 2029, guaranteed by The Goldman Sachs Group, Inc., linked to the Class A common stock of Coinbase Global, Inc. The notes pay a contingent monthly coupon of $26.459 per $1,000 (2.6459% monthly, ~31.75% per annum) only if the underlier's closing level on each coupon observation date is at or above a coupon trigger level equal to 50% of the initial underlier level ($152.40 as of June 5, 2026).

If the underlier equals or exceeds the initial level on any call observation date, the notes will be automatically called and redeemed at $1,000 plus the coupon then due. If not called, principal at maturity depends on the final underlier level versus a trigger buffer of 50% of the initial level; significant losses (up to a 100% loss) are possible if the final level is substantially below the trigger buffer. The notes are unsecured debt of GS Finance Corp., subject to issuer and guarantor credit risk, not bank deposits, and not FDIC-insured.

The supplemental index fact sheet describes the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER (Bloomberg: SPAR4V6 Index), an index that provides daily, rules-based, volatility-adjusted exposure to the S&P 500® Futures Excess Return Index. The index applies a 6.0% per annum daily decrement, permits up to 500% maximum exposure and limits the maximum daily change in leverage to 100%. The fact sheet discloses the index launch date (December 27, 2024), notes hypothetical performance was used pre-launch, and lists prominent risk factors including leverage, decrement effects, signal-model risks and credit risk of GS Finance Corp. as issuer.

The Goldman Sachs prospectus supplement describes unsecured notes issued by GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc. The notes reference the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER ("SPAR4V6") and incorporate a 6% per annum daily decrement, a 40% volatility target, a maximum exposure cap of 500% and a maximum daily change in leverage of 100%. The document emphasizes simulated and backtested performance (through May 29, 2026 with the index live from December 27, 2024), discloses many model and strategy risks including leverage, limited operating history, and potential principal loss, and states that specific terms for any offering will appear in a separate pricing supplement.

GS Finance Corp. offers callable, ETF-linked structured notes guaranteed by The Goldman Sachs Group, Inc. The notes (trade date expected June 12, 2026, original issue date expected June 17, 2026, stated maturity expected June 15, 2029) pay monthly conditional coupons of $16.667 per $1,000 face amount when each ETF closes at or above 70% of its initial level on an observation date. If not redeemed, the maturity payout depends on the lesser performing ETF versus trigger buffer levels (60% and 70% thresholds). The pricing supplement states an estimated value at pricing of $925–$955 per $1,000 face amount.

GS Finance Corp. is offering structured notes linked to the common stock of NVIDIA, Alphabet (Class C), AMD and Tesla. The notes mature on June 10, 2033 but are automatically callable on monthly call observation dates beginning June 2027 if each index stock closes at or above 78% of its initial index stock price.

Key economics: face amount aggregate $331,000, original issue price 100%, estimated value at pricing ~$942 per $1,000, underwriting discount 4.125%, coupon accrual equals 0.6375% monthly (up to 7.65% per annum) subject to monthly trigger tests. Initial index stock prices are stated for each stock; coupons pay only when every index stock meets its 78% trigger on observation dates.

GS Finance Corp. is offering Autocallable Contingent Coupon Index-Linked Notes due June 20, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent monthly coupon of 0.8167% (~9.8% per annum) when each underlier is ≥ 70% of its initial level on observation dates and are automatically called if all three underliers are ≥ their initial levels on a call observation date. At maturity the cash payment (per $1,000 face amount) is either $1,000 or $1,000 plus the lesser performing underlier return; if the lesser performing underlier is below its 60% trigger buffer level, investors can lose up to their entire investment. Trade date is June 16, 2026 and original issue date is June 22, 2026. The notes are linked to the Dow Jones Industrial Average, Russell 2000 and S&P 500 and are subject to issuer and guarantor credit risk and limited liquidity.

GS Finance Corp. offers Trigger Autocallable GEARS linked to the S&P 500® Index, guaranteed by The Goldman Sachs Group, Inc. The notes have a face amount of $10 per security, an original issue price equal to 100.00% of face amount and an estimated value on the trade date of $9.35 to $9.65 per $10 face amount. Key economic terms set on the trade date include an autocall barrier of 100.00% of the initial index level, an upside gearing expected between 1.30 and 1.42, a downside threshold of 75.00% of the initial index level and a call return of 9.00%. The securities may be automatically called on the call observation date with a call payment shortly thereafter, and otherwise settle at maturity on the determination date with contingent repayment of principal based on index performance. Trade date is June 15, 2026, original issue date June 17, 2026, call observation date June 22, 2027 and determination/stated maturity dates in June 2031. The pricing supplement warns of significant market and credit risk, no periodic interest, limited liquidity and tax uncertainty.

GS Finance Corp. offers callable, contingent‑coupon notes linked to the iShares Expanded Tech‑Software Sector ETF due June 5, 2031. Each note has a $1,000 face amount (aggregate $300,000 on original issue) and pays a quarterly coupon of $32.50 per $1,000 if the ETF closing level on an observation date is at least 70% of the initial level of $104.73. The issuer may redeem the notes on coupon payment dates beginning June 2027 through March 2031 at 100% of face amount plus any coupon then due. At maturity the cash settlement depends on the ETF return: if the final level is at least 60% of the initial level you receive at least principal; if below 60% you suffer a pro rata loss calculated by the ETF return. The estimated value at pricing was approximately $971 per $1,000 face amount and the original issue price was 100%.

The issuer GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering structured notes with an aggregate face amount of $680,000 linked to the Goldman Sachs Momentum Builder® Focus ER Index. The notes carry a 100% upside participation rate, a call level of 101.15% and an automatic semi-annual call feature. If not called, the stated maturity is June 8, 2033 (determination date June 1, 2033), and payments at maturity depend on index performance. The Estimated Value on the trade date is $897 per $1,000 face amount; the original issue price equals 100% with an underwriting discount of 4.375%.

Investors are exposed to the issuer and guarantor credit risk, no periodic interest is paid, and the index methodology can allocate substantial exposure to cash or low‑yielding positions and applies a 0.65% per annum deduction. The pricing supplement and accompanying prospectus materials contain full risk, tax, and valuation details.

GS Finance Corp. is offering structured medium-term notes linked to the S&P 500® Futures Excess Return Index, guaranteed by The Goldman Sachs Group, Inc. Each $1,000 face amount pays at maturity either (1) $1,000 plus 115% of the underlier return if the final underlier level is above the initial level; (2) $1,000 if the final level is between the initial level and the 70% buffer level; or (3) a reduced cash amount that declines 1% for each 1% the final level is below the buffer level, using a 100% buffer rate and a 30% buffer amount. The notes pay no interest, have an original issue price equal to face amount, and mature in June 2029.

These notes reference E-mini S&P 500 futures returns rather than the S&P 500 index and are subject to issuer/guarantor credit risk, potential negative roll yields, market disruption provisions, limited secondary market liquidity, and uncertain U.S. federal income tax treatment.