Goldman Sachs Group Inc. 424B Filings

GS Finance Corp. priced callable notes linked to Alphabet Inc. Class A. The notes pay a contingent monthly coupon of $9.292 per $1,000 (approximately 0.9292% monthly; ~11.15% annualized) when the underlier is at or above the coupon trigger of 69% of the initial level. The notes are automatically called if the underlier closes at or above the initial underlier level ($380.34) on any call observation date. If not called, at maturity on July 2, 2027 the cash payment per $1,000 equals $1,000 if the final level is at or above the 69% trigger buffer; otherwise the cash payment equals $1,000 multiplied by the underlier return, so investors could lose their entire investment if the final level is far below the trigger.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering contingent‑payment notes linked to the S&P 500® Futures Excess Return Index. Each $1,000 face amount pays at maturity either (a) $1,000 plus 120.25% of the underlier return if the final level is at or above the initial level, (b) $1,000 plus the absolute underlier return if the decline is within a 15% buffer (buffer level = 85% of initial), or (c) a loss formula if the final level is below the buffer, exposing holders to potentially substantial principal loss. Notes pay no interest. Key dates: trade date May 29, 2026, original issue date June 3, 2026, determination date May 30, 2028, stated maturity June 2, 2028.

GS Finance Corp. is offering indexed notes with annual fixed coupons and equity-linked upside. The notes pay a fixed coupon of $13.5 per $1,000 each June 3, commencing June 3, 2027, and mature on June 3, 2033. At maturity holders receive the face amount plus 8x the index return if the Goldman Sachs Momentum Builder® Focus ER Index finishes above the initial index level of 114.14; otherwise they receive the face amount.

The index uses daily rebalancing, volatility control (a 5% realized-volatility limit), a momentum risk control adjustment and deductions including a 0.65% annual fee and a federal funds rate deduction. The estimated value at pricing was approximately $924 per $1,000 face amount; original issue price was 100% with an underwriting discount of 4.25% and net proceeds of 95.75%.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering contingent monthly coupon notes linked to the Dow Jones Industrial Average, the Nasdaq-100 and the Russell 2000. The notes pay a monthly contingent coupon of $8.584 per $1,000 (0.8584% monthly, ~10.30% per annum) when each underlier is at or above a coupon trigger (80% of its initial level). If any underlier falls below its trigger buffer (60% of its initial level) at maturity, the cash settlement for each $1,000 face amount equals $1,000 × the lesser performing underlier return, so investors could lose up to their entire investment. The issuer may redeem the notes on coupon payment dates beginning December 2027, and the stated maturity is June 4, 2029.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured, non‑interest bearing notes linked to the S&P 500® Index. The cash payment at maturity for each $1,000 face amount depends on the underlier return from the trade date to the determination date and is subject to a 125% upside participation rate capped at a $1,212 maximum upside settlement amount. A 10% buffer applies: declines up to 10% produce a positive payment equal to the absolute decline; declines beyond the buffer produce losses proportional to the decline measured below the 90% buffer level. The notes carry an original issue price of 100% of face, a 2% underwriting discount (plus a structuring fee up to 0.45%), and aggregate face amount of $621,000. The trade date is May 29, 2026, original issue date June 3, 2026, and stated maturity June 2, 2028. The notes are subject to issuer and guarantor credit risk, limited liquidity, model‑based estimated values below issue price, and uncertain U.S. federal income tax treatment.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) priced $7,970,000 of contingent income callable securities due June 3, 2031. Each $1,000 security pays a $26.25 contingent quarterly coupon only if the S&P 500, Russell 2000 and EURO STOXX 50 each remain at or above 70.00% of their initial index values during the applicable observation period. If any index falls below its downside threshold during a period, the coupon for that quarter is not paid. At maturity investors receive $1,000 if all final index values are at or above their downside thresholds; otherwise payment equals $1,000 multiplied by the worst performing index performance factor. The securities are callable by the issuer at 100% plus any coupon due on specified coupon dates. Estimated value at pricing was approximately $983 per $1,000; original issue price equals principal amount.

GS Finance Corp. offers structured callable notes backed by a Goldman Sachs guarantee linked to three stocks. The notes pay a monthly coupon of $14.75 per $1,000 face amount when each observation-date closing price is at least 60% of its initial price and may be automatically called beginning in May 2027. The notes mature on June 5, 2029 and the cash settlement at maturity depends on whether a trigger event occurs (all three final prices below initial prices) and on the performance of the lesser performing index stock. The estimated value at issuance is approximately $945 per $1,000 face amount; original issue price is 100% and underwriting discount is 3.25%.

GS Finance Corp. priced capped-linked notes (guaranteed by The Goldman Sachs Group, Inc.) tied to the S&P 500® Index. Each note has a $1,000 face amount, no periodic interest, and a capped cash settlement at maturity: you receive $1,000 if the underlier return is zero or negative, or $1,000 plus the underlier return up to a $1,475 maximum settlement amount. The notes trade on a trade date of May 29, 2026, original issue date June 3, 2026, determination date November 29, 2030, and stated maturity date December 4, 2030. The pricing supplement discloses that the original issue price equals the face amount and that GS&Co.'s estimated value at the trade date is lower than that price; market value before maturity may be affected by volatility, interest rates, and issuer/guarantor credit risk.

GS Finance Corp. prices $31,718,000 of Contingent Income Callable Securities due June 2, 2028, guaranteed by The Goldman Sachs Group, Inc. The securities are unsecured notes linked to the worst-performing of the S&P 500®, Russell 2000® and Nasdaq-100® and may pay a contingent quarterly coupon of $25 per $1,000.

Coupons are payable only if each index closes at or above its 65.00% downside threshold on every index business day in a quarterly observation period. The securities may be redeemed at issuer option on coupon dates from September 3, 2026 through March 3, 2028 at 100% plus any coupon then due. If any underlying index is below its threshold at maturity, payment equals $1,000 multiplied by the worst performing index performance factor; investors do not participate in upside and face full principal loss.

GS Finance Corp. and The Goldman Sachs Group, Inc. are offering callable, monthly-coupon notes linked to the Class C capital stock of Alphabet, Class A common stock of Meta, NVIDIA common stock and Tesla common stock. The notes mature on June 5, 2031 unless automatically called on observation dates beginning May 2027. For each $1,000 face amount, a monthly coupon of $9.25 is payable only if the closing price of each index stock on the related coupon observation date equals or exceeds its coupon trigger (80% of the initial index stock price). The notes will be automatically redeemed if, on any call observation date, the closing price of each index stock is greater than or equal to its initial index stock price (initial prices set from the trade date). The aggregate initial face amount is $1,174,000; original issue price is 100% with an underwriting discount of 4% (net proceeds 96%). The estimated value on the trade date was approximately $949 per $1,000 face amount. Payments depend on GS Finance Corp.'s credit and are subject to calculation agent discretion, market-disruption rules and anti-dilution adjustments.

GS Finance Corp. offers indexed, non‑interest bearing medium‑term notes due June 3, 2031. The $401,000 aggregate face amount of notes pays no interest, is cash‑settled based on the S&P 500® Index and is fully guaranteed by The Goldman Sachs Group, Inc.

The notes feature an automatic call on the call observation date if the underlier closes at or above the initial level; an automatic call pays $1,083 per $1,000 face amount. If not called, maturity payments depend on the final underlier level: capped upside via a 150% participation rate, protection above an 80% trigger buffer, and full downside exposure below that buffer, meaning investors could lose their entire investment.

GS Finance Corp. is offering callable 10‑Year CMT rate‑linked range accrual notes due June 12, 2031, guaranteed by The Goldman Sachs Group, Inc.. Interest, if any, is paid monthly on or about the 12th, starting July 12, 2026, and is calculated by multiplying an 8.00% interest factor by the fraction of reference dates in the prior interest period when the 10‑year CMT rate is ≤ 4.90%. The notes are redeemable at the issuer’s option at 100% of face on any monthly interest payment date on or after June 12, 2027. The estimated value at pricing is between $915.5 and $965.5 per $1,000 face amount. The notes are unsecured obligations subject to issuer and guarantor credit risk, may have limited secondary market liquidity, and the calculation agent (Goldman Sachs & Co. LLC) has discretion over certain rate determinations.

GS Finance Corp. is offering $ Buffered Russell 2000® index-linked notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and provide a maturity cash payment tied to the Russell 2000® Index performance from the trade date to the determination date.

If the final index level exceeds the initial level, holders receive the face amount plus the upside participation rate (at least 100%) times the index return. If the final level is down but within the 15% buffer (buffer level = 85% of the initial level), holders receive the face amount. If the final level falls more than the buffer, losses occur pro rata against the face amount; examples show a 64.000% loss if the index falls to 21.000% of its initial level.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured, cash-settled notes linked to the Nasdaq-100 and S&P 500. The notes have an aggregate face amount of $2,158,000, a 200% upside participation rate, no interest, and an 80% trigger buffer. The notes may be automatically called on the call observation date if each underlier closes at or above its initial level, in which case holders receive $1,150 per $1,000 face amount on the call payment date. If not called, the maturity payout depends solely on the lesser performing underlier; losses can be up to the full principal. Key dates include trade date May 29, 2026, original issue date June 3, 2026, call observation date June 1, 2027, call payment date June 8, 2027, determination date May 30, 2028, and stated maturity date June 6, 2028.

GS Finance Corp. is offering structured, non‑interest‑bearing notes tied to the Russell 2000® Index with an aggregate face amount of $760,000. Payment at maturity depends on the index performance from the trade date to the determination date and includes a 10% buffer, a 200% upside participation rate capped by a $1,302.50 maximum settlement per $1,000 face amount. If the final index level is at or above the buffer level (90% of the initial level) but not above the cap trigger, investors receive principal; if it falls below the buffer, losses are linear below the buffer and could be substantial. These notes are senior unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., carry underwriting fees of 1%, and may have limited liquidity.

GS Finance Corp. is offering structured, non-interest bearing notes linked to the Russell 2000 Index. The notes pay a cash settlement at maturity on June 3, 2031 based on the underlier return from the trade date to the determination date, with a 15% buffer (buffer level = 85% of the initial level). If the final underlier level is above the initial level, holders receive $1,000 plus the underlier return; if at or above the buffer but below the initial level, holders receive $1,000; if below the buffer, holders absorb losses proportionate to the index decline below the buffer. The offering shows an aggregate face amount of $147,000, original issue price of 100% of face amount, underwriting discount of 1.125%, and net proceeds to issuer of 98.875%. The notes are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., and purchasers bear issuer and guarantor credit risk and market/illiquidity risks.

GS Finance Corp. launches a $8,204,000 issuance of Jump Securities with an auto-callable, principal-at-risk structure, guaranteed by The Goldman Sachs Group, Inc. The securities pay fixed call premiums if all three underlying ETFs meet call thresholds on observation dates and otherwise expose investors at maturity to the 1-to-1 downside of the worst-performing underlying ETF. The stated maturity date is June 4, 2032, the pricing date was May 29, 2026, and the estimated value at issuance is approximately $934 per $1,000 security. The offering carries a 3.50% underwriting discount and involves credit risk of the issuer and guarantor.

GS Finance Corp. offers $1,181,000 of callable S&P 500® index‑linked notes due June 3, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, have an initial underlier level of 7,580.06 (trade date May 29, 2026) and return at maturity is tied to the S&P 500 performance from the trade date to the determination date (May 27, 2031), subject to adjustment. If the final level exceeds the initial level, holders receive 1.5× the index return (150% upside participation). If the final level is between 85% and 100% of the initial level, holders receive the face amount. If below 85%, holders suffer a loss that can be substantial per the buffer mechanics described.

The notes are redeemable at the issuer's option on specified monthly call payment dates beginning in June 2027; each call payment date has a predetermined capped call premium. The original issue price is 100% of face amount, underwriting discount is 1.125%, and the estimated model value at pricing was approximately $989 per $1,000 face amount. Payments depend on issuer and guarantor creditworthiness and on the calculation agent's determinations for market disruptions or underlier modifications.

GS Finance Corp. offers structured notes linked to Cadence Design Systems common stock (index stock). The notes have a $1,000 face amount unit, an aggregate original face amount of $2,036,000, an original issue date of June 3, 2026 and a stated maturity of July 2, 2027. Coupons of $11.25 per $1,000 are payable on a coupon payment date only if the index stock closing price on the related coupon observation date is at least 60% of the initial index stock price of $374.93. Notes will be automatically called if the index stock closing price on any call observation date is greater than or equal to the initial index stock price; if not called, the cash settlement at maturity depends on the index stock return, with a downside buffer at 60% (losses commence if final price is below 60% of the initial price). The estimated value on the trade date was approximately $964 per $1,000 face amount.

GS Finance Corp. offers $2,124,000 face amount of medium-term notes guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent quarterly coupon of $21.50 per $1,000 (2.15% quarterly; potential up to 8.60% per annum) only if both underliers meet their coupon trigger levels on observation dates. The notes reference the Russell 2000® and S&P 500® indices, use the lesser performing underlier to determine the cash settlement at maturity, and may be redeemed at the issuer's option on coupon payment dates beginning December 2026. If the final level of the lesser performing underlier is below its trigger buffer (70% of its initial level), investors may lose a portion or all of their principal; conversely, payout at maturity is capped at 100% of face amount. The original issue price is 100% of face amount; underwriting discounts and a structuring fee reduce net proceeds to 98.5% of face amount.

GS Finance Corp. priced Market Linked Securities — Auto-Callable with Contingent Coupon with Memory linked to the lowest performing of Salesforce (CRM) and Alphabet Class A (GOOGL) with a $1,000 face amount, original offering price $1,000 and stated maturity June 1, 2029. The securities pay a quarterly contingent coupon of $49.125 per $1,000 (19.65% per annum) only if the lowest performing underlying stock on a calculation day is at or above its coupon threshold (70% of starting price). The securities may be automatically called early if the lowest performing underlying stock on a call date is at or above its starting price; otherwise principal at maturity depends on the lowest performing stock relative to a downside threshold (70% of starting price), exposing holders to loss of principal (including complete loss). Estimated model value at pricing was approximately $968 per $1,000 face amount; proceeds to issuer $976.75 per security after underwriting discount. All payments are subject to issuer and guarantor credit risk; these securities are not bank deposits and are not listed.

GS Finance Corp. is offering principal-protected (subject to a buffer) structured notes linked to the EURO STOXX 50® Index. Each note has a $1,000 face amount and an aggregate face amount of $374,000. The notes pay no interest, carry credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., and may be automatically called on the call observation date. If automatically called, each $1,000 face amount pays $1,140 on the call payment date. If not called, the maturity payoff depends on the final underlier level on the determination date and includes a 200% upside participation rate if the final level exceeds the initial level and a 15% buffer that partially protects against declines down to 85% of the initial level. Trade date is May 29, 2026, original issue date June 3, 2026, and stated maturity date June 5, 2031. The original issue price is 100% of face and the underwriting discount is 0.75%.

GS Finance Corp. is offering structured, medium-term, principal-at-risk notes (aggregate face amount $5,912,000) linked to the Nasdaq-100, Russell 2000 and S&P 500. The notes pay a contingent monthly coupon of $10.209 per $1,000 (1.0209% monthly, up to ~12.25% p.a.) when each underlier is >= 70% of its initial level on observation dates.

Notes are automatically called if all underliers are >= initial levels on any call observation date. If not called, final cash at maturity depends on the lesser performing underlier and can result in the loss of principal; payments are unsecured obligations of GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. is offering capped, buffered notes linked to the S&P 500 Index that mature in 2028 and are guaranteed by The Goldman Sachs Group, Inc. Each $1,000 face amount pays no interest and provides 150% upside participation subject to a $1,215 maximum cash payment. Investors receive full principal at maturity if the final index level is down no more than 15% from the initial level; losses occur dollar-for-dollar beyond the 15% buffer. The notes are senior unsecured obligations, priced at 100% of face with a 0.55% underwriting discount, and are exposed to issuer/guarantor credit risk, limited upside by the cap, market-value volatility, and tax characterization uncertainty.

GS Finance Corp. priced a principal-protected style, capped upside structured note linked to the S&P 500 Index. The notes have a $1,000 face amount, 200% upside participation capped at a $1,115 maximum settlement and a 15% trigger buffer. If the final index level is below 85% of the initial level, investors suffer proportional losses and may lose their entire investment. The notes pay no interest, are fully guaranteed by The Goldman Sachs Group, Inc., and the trade/issue dates are May 29, 2026 and June 3, 2026, with maturity in July 2027.

GS Finance Corp. offers structured notes with an aggregate face amount of $1,126,000, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes reference the S&P 500® Futures Excess Return Index (Bloomberg: SPXFP Index) with an upside participation rate of 137.1%, a buffer level of 80% (buffer amount 20%), and no periodic interest. The trade date is May 29, 2026, original issue date is June 3, 2026, determination date is May 29, 2029, and stated maturity date is June 1, 2029.

The cash settlement rules: if the final underlier level is >= the initial level, payment equals principal plus participation on the underlier return; if the final level is below initial but >= the buffer level, payment equals principal plus the absolute underlier return; if below the buffer level you incur losses pro rata to the underlier decline beyond the buffer. The notes do not bear interest and investors are subject to issuer and guarantor credit risk and futures-specific risks including negative roll yields.

GS Finance Corp. offers callable S&P 500® Futures Excess Return Index‑linked notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The offering aggregates $2,442,000 face amount (original issue price 100%) with a maturity of June 10, 2031 and a trade date of May 29, 2026. The notes pay no interest and use an initial underlier level of 609.62. At maturity the cash settlement per $1,000 face amount depends on the final underlier level: if above initial level you receive $1,000 plus 1.85× the index return; if between 80% and 100% of initial you receive $1,000; if below 80% you receive $1,000 plus (index return + 20%)×$1,000, which can result in substantial losses. The issuer may redeem the notes on specified monthly call payment dates beginning June 2027 at predetermined call premiums; the estimated value on the trade date was approximately $934 per $1,000 face amount. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and its guarantor.

GS Finance Corp. priced principal-protected indexed notes linked to the S&P 500® Index. The offering aggregates $3,378,000 of notes with a 100% upside participation rate, an initial underlier level of 7,580.06 and an automatic call feature that would pay $1,055 per $1,000 on the call payment date if the call observation closing level is at or above the initial level. The notes pay no interest, are cash-settled, are guaranteed by The Goldman Sachs Group, Inc., and mature on June 5, 2029 unless automatically called earlier.

GS Finance Corp. offers auto-callable, equity‑linked notes backed by a Goldman Sachs guarantee. The notes link to Cadence Design Systems common stock with an initial index stock price of $374.93 (trade date May 29, 2026) and a 60% trigger buffer. Monthly coupons of $13.25 per $1,000 (1.325% monthly, up to 15.9% p.a.) are paid only if the index stock closes at or above the coupon trigger price on coupon observation dates. The notes may be automatically called on observation dates if the index stock closes at or above the initial index stock price; maturity is July 2, 2027. At maturity, if the final index stock price is below 60% of the initial price, investors receive an amount tied to the index stock return and may receive less than 60% of principal and no coupon. The aggregate original face amount was $430,000 and the estimated value on the trade date was approximately $979 per $1,000.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured, non‑interest bearing notes linked to three individual stocks. The notes have an original issue date of June 3, 2026, a stated maturity of June 3, 2031, and an automatic call observation on August 31, 2026 with a call payment on September 3, 2026. If each index stock meets the automatic call trigger (>= 75% of its initial price), the issuer will pay $1,140.001 per $1,000 face amount on the call payment date. At maturity (if not called), payments depend on the lesser performing index stock: positive returns pay 200% of the lesser return, flat/near‑flat outcomes may return principal if above the 60% buffer price, and declines below the 60% buffer produce a leveraged loss (buffer rate ~166.67%), possibly resulting in total loss. The prospectus discloses an estimated value at pricing of approximately $968 per $1,000 face amount and notes the offerings are unsecured obligations subject to issuer and guarantor credit risk.

GS Finance Corp. is offering five‑year, principal‑at‑risk notes guaranteed by The Goldman Sachs Group, Inc., linked to the S&P 500 Futures Excess Return Index. For each $1,000 face amount, investors receive either the face amount, an enhanced positive return equal to 210% participation of the underlier return, or a loss that equals the underlier return applied to the face amount if the final underlier is below a 70% trigger buffer. The notes pay no interest and mature on June 3, 2031, with a determination date of May 29, 2031. The original issue price is 100% of face amount with an underwriting discount of 1.125% and net proceeds of 98.875%. These structured notes reflect futures performance (including roll yields and financing costs) rather than direct S&P 500 index returns and expose holders to issuer and guarantor credit risk.

GS Finance Corp. is offering S&P 500®-linked, principal-at-risk notes guaranteed by The Goldman Sachs Group, Inc. The notes have a trade date of May 29, 2026, original issue date June 3, 2026, a stated maturity of June 2, 2028, and a determination date of May 30, 2028. For each $1,000 face amount, the cash settlement at maturity is: (1) capped at a maximum settlement amount of $1,247.50 if the final S&P 500 level exceeds the initial level (payment equals $1,000 plus 150% upside participation of the index return, subject to the cap); (2) $1,000 if the final level is no lower than 90% of the initial level (10% buffer); or (3) a declining cash payment if the final level is below the buffer, resulting in potentially substantial principal loss. The notes bear no periodic interest and were issued at 100% of face amount, with a 0.55% underwriting discount and net proceeds to the issuer of 99.45% of face amount. The offering is part of the Medium-Term Notes, Series F program and is subject to the issuer and guarantor credit risk and other structural and market risks summarized herein.

GS Finance Corp. offers autocallable contingent coupon equity-linked notes due June 8, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes reference the common stock of NVIDIA Corporation and pay a contingent quarterly coupon based on whether the underlier meets a 60% coupon trigger. Each $1,000 face amount pays a coupon increment of $35 per qualifying observation (subject to prior coupon payments) and may be automatically called if the underlier on a call observation date is greater than or equal to the initial underlier level. At maturity, if not called, cash settlement per $1,000 is either $1,000 (if the final underlier is at or above the 60% trigger buffer) or $1,000 plus $1,000 times the underlier return (which can result in a total loss if the final underlier is very low). The original issue price is 100% of face amount with an underwriting discount of 1.85 and net proceeds to the issuer of 98.15. Trade date is June 5, 2026 and original issue date is June 10, 2026. The notes carry issuer and guarantor credit risk and uncertain U.S. federal tax treatment.

GS Finance Corp. is offering leveraged, callable notes linked to the Russell 2000® Index with a stated maturity of June 3, 2031 and a trade date of May 29, 2026. Each note has a $1,000 face amount (aggregate initial face amount $1,630,000), does not bear interest and may be redeemed at issuer option on specified quarterly call payment dates beginning June 4, 2027.

If not redeemed, the payment at maturity is based on the Russell 2000® closing level on the determination date: if the index rises, holders receive $1,000 plus 125% of the index return per $1,000 face amount; if the index is unchanged or falls, holders receive $1,000. The notes carried an estimated value of approximately $964 per $1,000 face amount on the trade date, and the original issue price was 100% of face amount (underwriting discount 2.5%).

The pricing supplement offers medium-term, non‑interest bearing notes issued by GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc. The notes reference two underliers: the Russell 2000® and the S&P 500®. Payment at maturity depends solely on the lesser performing underlier: if both final levels are ≥ initial levels, holders receive a maximum settlement amount of $1,230 per $1,000 face; if any underlier is below its initial level, holders receive the face amount of $1,000. The trade date is May 29, 2026, original issue date June 3, 2026, determination date May 29, 2029, and stated maturity June 1, 2029. The offering shows an aggregate face amount of $1,193,000 and an underwriting discount of 0.75%. For U.S. federal income tax purposes the notes are treated as contingent payment debt instruments with a comparable yield of $4.64% and a projected payment of $1,149.56 based on a $1,000 investment.

GS Finance Corp. is offering leveraged buffered S&P 500^® index-linked notes (the "notes") guaranteed by The Goldman Sachs Group, Inc. The notes: provide 2x upside participation in positive index returns up to a cap (maximum settlement amount of at least $1,315 per $1,000 face amount), protect principal for index declines up to 15% (buffer level at 85% of the initial underlier level), and expose investors to losses if the final index level falls below the buffer. The notes pay no interest, have an expected trade date of June 25, 2026, expected original issue date of June 30, 2026, a determination date expected to be March 25, 2030, and a stated maturity expected to be March 28, 2030. The estimated value at trade date is stated between $910 and $960 per $1,000 face amount; the original issue price will exceed that estimated value. Payments at maturity depend on the initial underlier level (the lowest closing level during the observation period) and the final underlier level on the determination date. The notes are unsecured obligations of GS Finance Corp., are not FDIC insured, do not confer shareholder rights in the underlier stocks, and are subject to issuer and guarantor credit risk.

GS Finance Corp. priced a capped, non‑interest bearing structured note linked to the S&P 500 Index with a $2,000,000 aggregate face amount. Each $1,000 face amount will pay $1,090 on the call payment date if the index closing level on the call observation date is greater than or equal to the initial level, and otherwise the maturity payment depends on the index performance, a 140.15% upside participation rate and a 20% buffer feature (buffer level 80%).

The notes are unsecured senior debt of GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., have no periodic interest, and may result in a total loss of principal if the final index level is sufficiently low. Trade date is May 29, 2026, original issue date is June 3, 2026, call observation date is March 30, 2027, determination date is July 29, 2030, and stated maturity is August 1, 2030.

GS Finance Corp. is offering $2,250,000 aggregate face amount of five-year, cash-settled notes linked to the EURO STOXX 50® Index, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and mature on June 3, 2031 (determination date May 29, 2031). For each $1,000 face amount at maturity the payout is: (1) if the final index level > initial level, $1,000 + $1,000×187.42%×underlier return; (2) if final level ≥ 90% of initial level, $1,000; or (3) if final level < 90%, a downside formula using a buffer rate of ~111.11%, which can result in loss of principal, including the entire investment. Trade date is May 29, 2026; original issue date is June 3, 2026. The original issue price is 100% of face amount, underwriting discount 3%. Credit risk rests with the issuer and guarantor.

GS Finance Corp. is offering indexed, principal‑at‑risk notes under its Medium‑Term Notes, Series F program, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and pays no interest. The cash payment at maturity depends on the EURO STOXX 50® Index performance versus the initial level, with a 10% downside buffer, 200% upside participation subject to a $1,180 maximum settlement amount, and potential principal loss if the index declines beyond the buffer. Trade date is May 29, 2026, original issue date June 3, 2026, determination date November 29, 2027, and stated maturity date December 2, 2027. The notes were issued at 100% of face with a 2.25% underwriting discount.

GS Finance Corp. priced a $17,803,000 offering of Contingent Income Auto‑Callable Securities due June 1, 2029, guaranteed by The Goldman Sachs Group, Inc. The securities reference an American depositary share of Arm Holdings plc (ADS) with an initial share price of $353.29 (pricing date May 29, 2026) and a downside threshold of $176.645 (50.00% of the initial share price). For each $1,000 principal amount, investors may receive a contingent quarterly coupon computed from a $68.00 factor per coupon observation schedule, but coupons are paid only when the ADS closing price on a coupon observation date is greater than or equal to the downside threshold.

If a call observation date closing price is greater than or equal to the initial share price, the securities will be automatically called and pay the $1,000 principal plus the contingent coupon then due. If not called and the final share price is below the downside threshold, payment at maturity will equal $1,000 times the share performance factor (final/initial), exposing investors to substantial principal loss; if the final share price is greater than or equal to the downside threshold, payment at maturity will be $1,000 plus any final contingent coupon.

GS Finance Corp. is offering autocallable contingent coupon equity-linked notes due December 13, 2027, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount. Quarterly contingent coupons of $26.125 per $1,000 may be paid when the underlier (Amazon.com, Inc. common stock) closes at or above 70% of its initial level on observation dates. Notes are automatically called if the underlier closes at or above the initial level on any call observation date. At maturity, if not called, the cash settlement equals $1,000 if the final underlier level is at or above 70% of the initial level; otherwise the settlement equals $1,000 plus $1,000 times the underlier return, exposing investors to potential loss of principal (including any premium paid). The trade date is June 5, 2026 and original issue date is June 10, 2026. Terms, pricing and certain fees will be set on the trade date.

GS Finance Corp. is offering $1,885,000 aggregate face amount of medium‑term, non‑interest‑bearing notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes pay at maturity either the face amount or, if the final underlier level exceeds the initial level, $1,000 plus $1,000 × the 134% upside participation rate × the underlier return. Trade date is May 29, 2026, original issue date June 3, 2026, determination date May 29, 2031 and stated maturity date June 3, 2031. The notes reference E‑mini S&P 500 futures rather than the cash S&P 500® Index; negative roll yields and futures implicit financing costs may reduce the underlier level over time. Original issue price is 100% of face amount with a 1.125% underwriting discount (net proceeds 98.875%).

GS Finance Corp. is offering indexed, non‑interest bearing notes backed by The Goldman Sachs Group, Inc. The notes pay at maturity based on the performance of the S&P 500® Futures Excess Return Index from the Trade date to the Determination date. For each $1,000 face amount:

• If the final underlier level > initial level, you receive $1,000 plus $1,000 × Upside participation rate × underlier return.
• If the final underlier level is ≤ initial but ≥ Buffer level, you receive $1,000.
• If the final underlier level < Buffer level, losses occur pro rata: you lose 1% of face amount for each 1% the final underlier is below the buffer (material principal loss possible).

The pricing supplement shows an aggregate face amount of $800,000, an original issue price of 100% of face amount, an underwriting discount of 1%, and net proceeds to the issuer of 99%. Trade date is May 29, 2026, original issue date June 3, 2026, determination date November 29, 2028, and stated maturity date December 4, 2028.

GS Finance Corp. is offering medium-term structured notes linked to the S&P 500® Futures Excess Return Index with an aggregate face amount of $383,000. Each note has a $1,000 face amount and pays no interest; payment at maturity depends on the underlier return from the trade date to the determination date.

If the final underlier level on the determination date is greater than the initial level, holders receive $1,000 + ($1,000 × 150.15% × underlier return). If the final underlier level is equal to or lower than the initial level, holders receive the $1,000 face amount. Trade date is May 29, 2026, original issue date is June 3, 2026, determination date is May 29, 2031, and stated maturity is June 3, 2031. The notes are unsecured senior debt of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., and were offered at 100% of face with a 0.85% underwriting discount.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering S&P 500®-linked, contingent quarterly coupon notes maturing on June 3, 2031. Each $1,000 note pays a contingent quarterly coupon of $18.375 (1.8375% per quarter; up to 7.35% per year) if the S&P 500 closing level on the coupon observation date is at or above the coupon trigger level of 70% of the initial underlier level. If not redeemed early, principal at maturity is cash-settled based on the S&P 500 final level: investors receive $1,000 if the final level is at or above the trigger buffer level (70%); if below, the cash payment equals $1,000 × the underlier return, so investors may lose a substantial portion or all of their investment. The issuer may redeem the notes on coupon payment dates beginning in June 2027 through March 2031. The offering price is 100% of face amount with an underwriting discount of 1.125%.

GS Finance Corp. priced buffered, upside-participation notes linked to the S&P 500® Futures Excess Return Index. Each note has a $1,000 face amount, an upside participation rate of 121%, a 15% buffer (buffer level 85%), and pays no interest. The notes are issued at 100% of face with a 1% underwriting discount (net proceeds 99%).

Payment at maturity on Decem ber 4, 2028 is cash-settled based on the underlier return measured from the trade date to the determination date. If the final underlier level is >= initial level, you receive 1,000 plus participation × return; if the decline is within the 15% buffer you receive the absolute underlier loss as a positive return; if the decline exceeds the buffer you suffer a proportional loss to face amount. The notes are senior unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and carry issuer/guarantor credit risk and limited secondary-market liquidity.

GS Finance Corp. priced capped buffer-linked notes tied to the S&P 500 Index. The offering has an aggregate face amount of $1,758,000 and each note has a $1,000 face amount. The notes pay no interest, mature on June 7, 2027 and settle in cash based on the S&P 500 performance measured to the June 2, 2027 determination date.

Holders receive the face amount if the final index level is at or above 70% of the initial level; gains are capped at a maximum settlement amount of $1,078 per $1,000 note. If the final level is below the 70% buffer, principal is reduced 1% for each 1% the index declines beyond the buffer. The notes are unsecured senior obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc.

The pricing supplement describes GS Finance Corp. medium-term notes linked to the Goldman Sachs Momentum Builder® Focus ER Index with an aggregate face amount of $2,478,000. The notes mature on June 3, 2033 (determination date May 26, 2033) and include annual automatic call features with increasing call levels and call premiums. Payments at maturity are cash-settled: if the final index level exceeds the initial index level (initial index level 114.14), holders receive $1,000 + $1,000 × 100% × index return; if not, holders receive the $1,000 face amount. The notes carry an estimated trade-date value of $898 per $1,000 face amount (less than issue price) and an underwriting discount of 4.625%, with net proceeds to the issuer of 95.375% of face amount. The index applies daily rebalancing, a 5% realized volatility control, a momentum risk control, and a 0.65% per annum deduction that reduces index returns. The notes are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., have no interest payments, and may be called early on specified observation dates.

GS Finance Corp. is offering leveraged callable notes linked to the Dow Jones Industrial Average® with a stated maturity of June 3, 2031 and a trade date of May 29, 2026. Each $1,000 face amount pays at maturity either (i) $1,000 plus 1.03× the index return if the final index level exceeds the initial level of 51,032.46, or (ii) $1,000 if the index return is zero or negative. The issuer may redeem the notes on specified quarterly call payment dates beginning June 4, 2027 at a cash amount equal to $1,000 plus a fixed call premium. The notes pay no interest, are unsecured obligations of GS Finance Corp. and are guaranteed by The Goldman Sachs Group, Inc.