Every 424B that Goldman Sachs Group Inc. (GS) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow GS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GS filings page.
GS Finance Corp. is offering index-linked notes due June 2, 2028, guaranteed by The Goldman Sachs Group, Inc. The cash payment at maturity is based on the lesser performing of the S&P 500® and Russell 2000® returns measured from the trade date May 29, 2026 to the determination date May 30, 2028. The notes pay no interest and provide an upside participation rate of 110% if both underliers are flat or positive. A trigger buffer of 75% (a -25% return) creates a discontinuity: if the lesser performing index finishes below 75% of its initial level, losses apply pari passu to principal. The estimated model value on the trade date was approximately $983 per $1,000 face amount; the original issue price is 100% with an underwriting discount of 0.8%. Investors bear issuer and guarantor credit risk and may lose a substantial portion or all of their investment.
GS Finance Corp. prices $28,091,000 of Auto-Callable Trigger PLUS notes guaranteed by The Goldman Sachs Group, Inc. The notes reference the S&P 500® Index, pay $1,100 per $1,000 if automatically called, and mature June 5, 2028 if not called.
At maturity the payout is: (i) principal plus a 125.00% leveraged upside if the final index value is above the initial index value; (ii) $1,000 if the final index value is between the initial index value and the 80.00% downside threshold; or (iii) a pro rata principal payment if the final index value is below the downside threshold, exposing investors to possible substantial loss including total loss.
GS Finance Corp. priced principal-at-risk, autocallable notes linked to the S&P 500® and EURO STOXX 50® underliers. The notes have an aggregate face amount of $500,000, an original issue price of 100% of face and are fully guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and may be automatically called on quarterly observation dates if each underlier closes at or above its initial level, in which case holders receive the face amount plus a call premium specified for that call date. If not called, the maturity cash payment depends solely on the lesser performing underlier: holders receive the face amount if the lesser performing underlier is at or above its buffer level (85% of initial), a capped upside of 52.00% at maturity if the lesser performing underlier is at or above its initial level, or a reduced payment that can result in substantial loss up to the entire investment if the lesser performing underlier falls below the buffer level. Trade date is May 29, 2026, original issue date June 3, 2026, determination date May 29, 2031 and stated maturity June 3, 2031. The notes are subject to issuer and guarantor credit risk, limited secondary market liquidity, pricing model discounts versus issue price, FATCA and uncertain U.S. federal tax treatment.
GS Finance Corp. is offering $1,157,000 aggregate face amount of leveraged, callable notes due June 3, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity either the face amount or, if the S&P 500® Futures Excess Return Index final level exceeds the initial level (609.62), an amount equal to $1,000 plus 2× the index return per $1,000 face amount. The issuer may redeem the notes on specified monthly call payment dates beginning June 2027; each call payment date has a prescribed call premium (listed in the supplement). The trade date is May 29, 2026, original issue date June 3, 2026, and the estimated value on the trade date was approximately $971 per $1,000 face amount.
GS Finance Corp. is offering callable equity-linked notes (aggregate face amount $514,000) due July 2, 2027 that pay a fixed monthly coupon and whose principal at maturity is linked to the Class A common stock of Meta Platforms, Inc. The notes have a $1,000 face amount denomination, a monthly coupon of $10.209 (1.0209% monthly, up to approximately 12.25% per annum), trade date May 29, 2026, original issue date June 3, 2026, and determination date June 29, 2027. The initial index stock price is $632.51 and the trigger buffer price is 68% of that price (a −32% buffer). Notes are automatically called on a call payment date if the closing price on any call observation date is greater than or equal to the initial index stock price; otherwise maturity payment depends on the index stock return and may result in receiving less than the face amount if the final index stock price is below the trigger buffer. The estimated value at pricing was approximately $986 per $1,000 of face amount. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.
GS Finance Corp. is offering callable notes linked to the VanEck Semiconductor ETF (SMH) that mature on March 5, 2029 unless redeemed. The notes pay a quarterly coupon of $38.75 per $1,000 face amount when the ETF closing level on observation dates is at least 80% of the initial level of $598.93. If not redeemed and the final ETF level is below 80% of the initial level, principal is reduced pro rata below par according to the disclosed buffer mechanism. The offering lists an aggregate original face amount of $315,000 (subject to increase), an original issue price of 100%, an underwriting discount of 1%, and an estimated value at pricing of approximately $956 per $1,000 face amount. The notes are unsecured obligations of GS Finance Corp. and are guaranteed by The Goldman Sachs Group, Inc.; payments are subject to issuer and guarantor credit risk.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering contingent monthly‑coupon structured notes linked to the Dow Jones Industrial Average®, Nasdaq‑100® and Russell 2000® with an aggregate face amount of $14,129,000. The notes pay a contingent monthly coupon of $10.209 per $1,000 (1.0209% monthly, up to approximately 12.25% per annum) only if each underlier on the coupon observation date is at least 70% of its initial level. The notes may be automatically called on any call observation date if each underlier is at or above its initial level, in which case holders receive $1,000 plus any coupon then due. If not called, the cash settlement at maturity (stated maturity June 3, 2031) is based solely on the lesser performing underlier; if that underlier is below its trigger buffer level (55%) the investor may lose a substantial portion or all of principal. Pricing shows underwriting discount of 0.4212% and net proceeds of 99.5788% of face amount.
GS Finance Corp. priced and issued structured notes linked to the common stock of Western Alliance Bancorporation with an aggregate face amount of $2,461,000. The notes reference an initial index stock price of $79.65 and a trigger buffer price equal to 70% of that price. The notes mature on December 2, 2027 unless automatically called on observation dates beginning in November 2026 through August 2027. Coupons may be paid quarterly using a formula that yields $41.375 per $1,000 per qualifying observation (4.1375% quarterly, up to 16.55% per annum), but a coupon is payable only if the index stock closing price on the relevant observation date is at least 70% of the initial index stock price. If the final index stock return is below -30% (final price below 70% of the initial price), the maturity payment is reduced pro rata based on the index stock return. The estimated value at terms was approximately $975 per $1,000 face amount.
GS Finance Corp. offers structured, S&P 500-linked notes 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 to the determination date. Investors receive principal if the final level is above the 90% buffer; losses occur below the buffer, with full downside participation subject to a 10% buffer and a 100% buffer rate. Positive returns are capped by a $1,222.50 maximum settlement per $1,000 face amount and an upside participation rate of 200%. The notes are issued at 100% of face amount with a 0.8% underwriting discount; aggregate face amount initially offered is $699,000. The trade date is May 29, 2026, original issue date June 3, 2026, determination date May 30, 2028 and stated maturity date June 2, 2028.
GS Finance Corp. is offering indexed, non‑interest bearing notes linked to an equally weighted basket of seven stocks with an aggregate face amount of $3,459,000 on the original issue date. The notes have a trade date of May 29, 2026, an original issue date of June 3, 2026, a call observation date of June 1, 2027 (call payment date June 4, 2027) and a stated maturity date of June 1, 2029. Each $1,000 face amount is redeemed at $1,152.50 if the basket closing level on the call observation date is greater than or equal to the initial basket level of 100. If not called, the cash settlement at maturity depends on the basket return and an upside participation rate of 150%, with a trigger buffer level at 60% of the initial basket level. The estimated value on the trade date was approximately $941 per $1,000 face amount and the original issue price equals 100% of face amount with an underwriting discount of 2% plus a structuring fee up to 0.65%.
GS Finance Corp. offers $1,975,000 in principal amount of medium‑term notes (guaranteed by The Goldman Sachs Group, Inc.) linked to the common stock of NVIDIA Corporation ("NVDA"). The notes pay a contingent quarterly coupon of $36.50 per $1,000 (3.65% quarterly; up to 14.60% per annum) if the underlier closes at or above a 60% trigger on each coupon observation date.
The notes have an initial underlier level of $211.14, a trigger buffer level equal to 60% of that initial level, a stated maturity of June 1, 2029, and multiple automatic call opportunities beginning August 31, 2026. At maturity (if not called), cash settlement is indexed to the underlier return with principal protected only if the final underlier level is at or above the 60% buffer; otherwise investors can lose substantially or all of their investment. The offering price is 100% of face, underwriting discount 2%, and net proceeds to issuer 98% of face.
GS Finance Corp. is offering autocal lable contingent‑coupon index‑linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Nasdaq‑100, Russell 2000 and S&P 500 and pay a contingent monthly coupon of $8.334 per $1,000 (0.8334% monthly, potential ~10.00% per annum) when each underlier is at or above a coupon trigger of 61.5% of its initial level. The notes may be automatically called on observation dates if each underlier is at or above its initial level. If not called, final cash settlement at maturity depends solely on the lesser performing underlier (you can lose 100% of principal if that underlier falls to 0%). Trade date is June 8, 2026, original issue date June 11, 2026, and stated maturity June 13, 2029.
GS Finance Corp. priced buffered, capped S&P 500-linked notes. The offering totals $630,000 aggregate face amount in notes paying no interest and issued at 100% of face. Each $1,000 note returns either the face amount, a capped upside payment up to $1,220, or a principal loss if the S&P 500 falls more than 10% from the initial level.
Key economics: 200% upside participation (subject to the $1,220 cap), a 10% buffer (90% buffer level), trade date May 29, 2026, and stated maturity June 2, 2028. Investors bear issuer/guarantor credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., limited secondary-market liquidity, and uncertain U.S. tax treatment.
GS Finance Corp. is offering structured, principal-at-risk notes linked to the S&P 500® Futures Excess Return Index, fully guaranteed by The Goldman Sachs Group, Inc. Each $1,000 face-amount note pays no interest and has a three-tiered payoff at maturity: (1) if the final underlier level is ≥ the initial level, you receive $1,000 plus 113% of the underlier return; (2) if the final level is below the initial level but ≥ 85% of the initial level (the buffer), you receive $1,000 plus the absolute underlier return; (3) if the final level is below the buffer, you suffer losses proportional to the decline below the buffer and may lose a substantial portion of principal. The notes reference the E-mini S&P 500 futures rather than the S&P 500 index, have an aggregate face amount of $1,192,000, trade date May 29, 2026, original issue date June 3, 2026, determination date November 29, 2028 and stated maturity December 4, 2028. The underwriting discount is 2.75% (net proceeds 97.25% of face).
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering equity-linked notes that pay no interest and are tied to an equally weighted basket of six stocks. The notes mature on June 2, 2028 but will be automatically called if the basket closing level on the call observation date (or postponed equivalent) is at or above the initial basket level, producing a call payment of $1,202.50 per $1,000 face amount. At maturity the cash payment per $1,000 depends on the basket return: participation at 125% for positive returns, full principal protection only down to a 15% buffer, and a reduced payment (using a buffer rate of approximately 117.65%) if losses exceed the buffer. The original issue price is 100% with an underwriting discount of 1.5%; the prospectus cites an estimated value at pricing of approximately $947 per $1,000 face amount.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured, autocallable notes linked to the Nasdaq-100, Russell 2000 and S&P 500. The issue has an aggregate face amount of $275,000, a monthly contingent coupon of $8.334 per $1,000 (0.8334% monthly, up to ~10.00% per annum) and a stated maturity of June 1, 2029.
Coupons are paid only if each underlier is at or above 70% of its initial level on a coupon observation date. The notes are automatically called if, on any call observation date, each underlier is at or above its initial level. At maturity (if not called), principal repayment depends on the performance of the lesser performing underlier and can result in a total loss of principal.
GS Finance Corp. offers two separate buffered index-linked note tranches guaranteed by The Goldman Sachs Group, Inc. Each tranche is linked to one index — the EURO STOXX 50® or the S&P 500® Futures Excess Return Index — with terms set on the trade date expected to be June 25, 2026.
Each note pays no interest and returns at maturity depend on the index performance from the initial level (set on the trade date) to the final level on the determination date (expected June 25, 2031), subject to a participation rate and an explicit buffer (75% for EURO STOXX 50; 80% for S&P 500 Futures). Estimated secondary values at issuance are shown as $885 to $935 per $1,000 face amount.
GS Finance Corp. is offering autocallable Nasdaq-100 Index®-linked notes due 2031, fully guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity (if not auto-called) depends on the Nasdaq-100 final level: investors receive upside participation of 175% on gains above the initial level, full principal if the final level is at or above an 80% trigger buffer, and suffer the underlier loss below that buffer (you may lose your entire investment). The notes will be automatically called on the call payment date if the underlier on the call observation date is at least the initial level, in which case holders receive $1,107.50 per $1,000 face amount on the call payment date. Key dates shown include trade date June 10, 2026, original issue date June 15, 2026, call observation date June 15, 2027, determination date June 5, 2031, and stated maturity June 10, 2031. The offering price and underwriting/structuring fees reduce economic terms versus the notes' estimated model value, market liquidity is not assured, and payments depend on issuer and guarantor creditworthiness.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering index-linked notes due July 6, 2028. The notes reference the Russell 2000® Index and the S&P 500® Index and pay no periodic interest. For each $1,000 face amount, the cash payment at maturity will be either the maximum settlement amount (at least $1,142.50) if the final level of each underlier is greater than or equal to its initial level, or $1,000 (the face amount) if the final level of any underlier is below its initial level.
Key dates stated are a trade date of June 30, 2026, original issue date of July 6, 2026, determination date of June 30, 2028 and stated maturity date of July 6, 2028. Goldman Sachs & Co. LLC is the calculation agent. The notes are senior debt issued under the GSFC 2008 indenture and are cash-settled; holders have no shareholder rights in the underlier stocks.
The issuer, GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.), is offering structured notes linked to four stocks (Intel, Micron, AMD, Palantir) that mature on June 5, 2031 unless automatically called. Coupons accrue monthly using a formula of $7.917 per $1,000 (0.7917% monthly) but are paid only when each index stock’s closing price on a coupon observation date is at least 70% of its initial price. Notes are automatically called if, on a call observation date, each index stock closes at or above its initial price; automatic calls pay principal plus the then‑due coupon. The estimated value at pricing was approximately $948 per $1,000 face amount; original issue price is 100% with a 4% underwriting discount.
GS Finance Corp. is offering medium-term, equity index–linked notes due January 3, 2030 that pay principal at maturity and provide participation in upside of an equally weighted basket of the S&P 500® and the EURO STOXX 50®. The notes participate at an Upside Participation Rate of 100% in the basket return, subject to a maximum return of at least 29.15% (at least $291.50 per $1,000 face amount), and will return the face amount of $1,000 at maturity if the ending level is less than or equal to the starting level. The estimated value on the pricing date is expected to be between $925 and $955 per $1,000 face amount; the original offering price is $1,000 per note. All payments are subject to the credit risk of GS Finance Corp. (issuer) and The Goldman Sachs Group, Inc. (guarantor).
GS Finance Corp. offers autocallable Nasdaq-100 Index®-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and pays no interest; payoff depends on the Nasdaq-100 performance with a 150% upside participation and a 10% buffer (buffer level 90% of initial). The notes will be automatically called if the underlier on the call observation date is greater than or equal to the initial underlier level; call payments are capped (examples show approximately $1,102.60 to $1,120.40 per $1,000). If not called, maturity payment varies by final underlier level; losses can reach the full investment if the final level falls well below the buffer. Pricing terms, initial levels and dates are set on the trade date and the estimated model value used by Goldman Sachs & Co. may be lower than the original issue price.
GS Finance Corp. is offering two separate tranches of leveraged buffered index-linked notes guaranteed by The Goldman Sachs Group, Inc., each linked to either the S&P 500® or the Russell 2000®. Terms will be set on the trade date (expected June 25, 2026) with original issue date expected June 30, 2026. The S&P 500-linked notes carry a 200% participation rate, a 10% buffer (buffer level = 90% of initial level) and a maximum settlement amount of at least $1,242.50 per $1,000 face amount. The Russell 2000-linked notes carry a 110% participation rate, a 10% buffer and a maximum settlement amount of at least $1,240 per $1,000 face amount. Expected stated maturities are December 29, 2028 (S&P) and December 30, 2027 (Russell). The pricing supplement discloses that the estimated value on the trade date is below the original issue price and highlights credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., potential for substantial principal loss if the final index level is below the buffer, and limited upside due to cap levels.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured, principal-at-risk notes linked to the Nasdaq-100 Index® and the iShares® Expanded Tech-Software Sector ETF. The notes have an expected trade date of June 4, 2026, an original issue date expected June 9, 2026 and a stated maturity expected June 11, 2030. The notes pay no interest and include an automatic call feature that can redeem all notes beginning on the first call observation date if both underliers close at or above their initial levels; scheduled call premiums are 18.8%, 37.6%, 56.4% and 75.2% on successive call dates. At maturity the cash payment is determined by the lesser performing underlier, with a 70% trigger buffer: if the lesser performing underlier finishes below 70% of its initial level you may lose principal, and the maximum payout is capped by the maturity premium of 75.2%. The estimated value on the trade date is cited as between $905 and $945 per $1,000 face amount, below the original issue price.
GS Finance Corp. priced a Buffer Autocallable GEARS linked to the S&P 500® Index, guaranteed by The Goldman Sachs Group, Inc. The notes have a $10 face amount per unit, an expected trade date of June 12, 2026, original issue date June 16, 2026, a call observation date of June 21, 2027, and a stated maturity on June 14, 2029. Payments depend on the final index level versus the initial index level, with an expected 10.00% buffer and an expected call return of 8.00%. The estimated model value on the trade date is between $9.40 and $9.70 per $10 face amount; the original issue price equals 100.00% of face amount with a 2.50% underwriting discount. Investors bear both market exposure to the S&P 500® and credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.
GS Finance Corp. offers principal-at-risk structured notes linked to the Nasdaq-100 Index, the S&P 500 Index, the iShares® 20+ Year Treasury Bond ETF and the State Street® Utilities Select Sector SPDR® ETF with a stated maturity expected to be June 9, 2031. Coupons of $8.667 per $1,000 (0.8667% monthly, ~10.4% annually) are payable on scheduled coupon payment dates only if the closing level of each underlier is >= 70% of its initial level on the related coupon observation date. The issuer may redeem notes at 100% of face plus any coupon on monthly coupon dates starting September 2026 through May 2031. At maturity the cash settlement depends on the lesser performing underlier and includes downside buffers: no loss if each final level is >= 60% or >= 70% as described; losses apply if any final level is below 60%. The estimated value at pricing is between $885 and $925 per $1,000 face amount.
GS Finance Corp. is offering S&P 500® Index-linked, non‑interest bearing medium‑term notes (CUSIP 40054RQ95) due on the stated maturity date expected to be July 6, 2028. The notes pay at maturity an amount per $1,000 face equal to either (a) $1,000 plus $1,000 times the absolute underlier return if no barrier event occurs (capped at $1,200), or (b) at least $1,062.50 (a contingent return of 6.25%) if a barrier event occurs. A barrier event occurs if the final index level is above 120% or below 80% of the initial level. The trade date is expected to be June 30, 2026, and the estimated value on the trade date is between $925 and $965 per $1,000 face amount. Payments are subject to the credit risk of GS Finance Corp. and the guarantor, The Goldman Sachs Group, Inc.
GS Finance Corp. is offering $1,000 face‑amount Autocallable Goldman Sachs Momentum Builder® Focus ER Index‑Linked Notes due June 9, 2033, guaranteed by The Goldman Sachs Group, Inc. Terms set on the trade date; trade date is June 4, 2026. Notes pay cash at maturity based on the index return, are subject to an annual automatic call if the index closes at or above a call level (101% of the initial index level), and feature a 100% upside participation rate. The index applies a 5% realized volatility control and a 0.65% per annum deduction (accruing daily); GS&Co. estimates the notes' value on the trade date at $885 to $925 per $1,000 face amount.
GS Finance Corp. is offering callable, S&P 500® index-linked notes due July 7, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, participate at an upside participation rate of 150%, include an 85% buffer level and may be redeemed by the issuer on scheduled monthly call payment dates beginning in July 2027. The cash payoff at maturity depends on the initial and final S&P 500® levels measured from an expected trade date of June 30, 2026 to a determination date expected to be June 27, 2031. If final level > initial level, holders receive $1,000 plus 150% of the index return per $1,000 face amount; if final level is between 85% and 100% of initial, holders receive $1,000; if final level < 85%, holders receive less than face amount based on the underlier return plus the 15% buffer amount. The estimated value at pricing is between $885 and $935 per $1,000 face amount. The notes are unsecured obligations subject to the credit risk of the issuer and guarantor and are subject to tax uncertainties and limited secondary market liquidity.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering index-linked notes that mature in August 4, 2027. Payments at maturity depend on the lesser performing of the Russell 2000® and the S&P 500® measured from the trade date to the determination date. The notes do not bear interest. The notes include a 10% buffer (buffer level = 90% of initial underlier level) and an upside participation rate of at least 100%. The pricing supplement shows an estimated value at pricing of $925–$965 per $1,000 face amount and warns investors they could lose a substantial portion of principal depending on final underlier levels.
GS Finance Corp. is offering autocallable, VanEck Gold Miners ETF‑linked notes due June 13, 2028 that are fully guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, can be automatically called on the call observation date, and may result in a total loss of principal.
Key terms set on the trade date: purchase at 100% of face amount, automatic call payment of $1,315.30 per $1,000 if the underlier is >= initial level on the call observation date, an upside participation rate of 125%, and a trigger buffer of 65%. Trade date is June 8, 2026, original issue date June 11, 2026, determination date June 8, 2028.
GS Finance Corp. is offering digital equity-linked notes due 2027, 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 performance of Zscaler, Inc. common stock from May 29, 2026 to December 1, 2027. If the final underlier level is greater than or equal to 60% of the initial level, investors receive the $1,423 maximum settlement per $1,000 face amount. If the final underlier level is below that 60% trigger buffer, holders lose 1% of face amount for each 1% decline below the initial underlier level and could lose their entire investment. The initial underlier level is $139.73 (closing level on May 29, 2026). Payment is cash only; notes do not confer shareholder rights. The notes are subject to issuer and guarantor credit risk and may have limited liquidity.
GS Finance Corp. offers callable Contingent Coupon Index-Linked Notes due March 6, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Nasdaq-100, Russell 2000 and S&P 500 indices, pay a contingent monthly coupon of $9.417 per $1,000 when each underlier is ≥70% of its initial level, and may be redeemed at issuer option on coupon dates beginning in December 2026.
The cash payment at maturity is linked to the performance of the lesser performing underlier; if that underlier is below 70% of its initial level, principal is reduced proportionally, and investors could lose their entire investment.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering floating rate notes that pay compounded SOFR plus 0.25% per annum with a minimum interest rate of 0.00%. The notes have an expected original issue date of June 5, 2026 and an expected stated maturity date of June 5, 2066. Interest is payable quarterly beginning September 5, 2026. Holders may elect annual early redemptions on June interest dates commencing June 5, 2028, subject to a minimum redemption of $10,000 and aggregation rules; cash settlement on early redemption varies by date and may be $970, $980, $990 or $1,000 per $1,000 face amount depending on the redemption window. The calculation agent is Goldman Sachs & Co. LLC; market making is expected but not guaranteed. The estimated value at pricing is stated between $910 and $960 per $1,000 face amount. These notes are unsecured, not FDIC insured, and will not be listed on an exchange.
The Goldman Sachs Group, Inc. is offering callable fixed-rate notes due 2029. The notes pay interest at a rate of 4.55% per annum, accrue from an original issue date expected to be June 15, 2026, and have a stated maturity expected to be June 1, 2029. Interest is payable each June 15 and at maturity, with the first payment expected on June 15, 2027. The issuer may redeem the notes in whole, but not in part, on expected quarterly redemption dates on or after June 15, 2027, with at least five business days prior notice and a redemption price equal to 100% of principal plus accrued interest.
The issuer, GS Finance Corp., is offering cash-settled, leveraged S&P 500 Index-Linked Notes due June 15, 2029, guaranteed by The Goldman Sachs Group, Inc.. Each $1,000 note returns either a leveraged upside (125% participation, capped at $1,402.50), full principal if the final index level is no more than 30% below the initial level, or a proportional loss if the final index level is below the 70% trigger buffer level. Trade date is June 12, 2026 and determination date is June 12, 2029. The notes pay no interest, are cash-settled, and are subject to issuer and guarantor credit risk, limited secondary-market liquidity, tax uncertainty, and a pricing model discount versus original issue price.
GS Finance Corp. is offering Autocallable Contingent Coupon Index-Linked Notes due June 20, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Dow Jones Industrial Average, Russell 2000 and S&P 500, pay a contingent monthly coupon of $6.375 per $1,000 (0.6375% monthly; potential up to 7.65% annually) when each underlier is >= 75% of its initial level, and are automatically called if all underliers are >= their initial levels on a call observation date. The cash settlement at maturity (if not called) is based solely on the lesser performing underlier; if that underlier is below 70% of its initial level losses can be substantial (for example, a 17.000% final level would produce a cash settlement of 17.000% of face amount, an 83.000% loss if purchased at face). The trade date is June 12, 2026 and original issue date is June 17, 2026. The notes are senior debt of GS Finance Corp., not bank deposits, carry issuer/guarantor credit risk, and may have limited liquidity.
GS Finance Corp. offers S&P 500® Futures Excess Return Index-Linked Notes due June 30, 2031. Each note has a $1,000 face amount and pays a cash settlement at maturity tied to the performance of the S&P 500 Futures Excess Return Index measured from the trade date to the determination date.
Key economic features: a $1,000 face amount per note, a threshold settlement amount of at least $1,500, a 30% trigger buffer (trigger buffer level = 70% of the initial underlier level), no periodic interest, and potential for full loss of principal if the final underlier level is below the trigger buffer level. Trade date is June 25, 2026 and original issue date is June 30, 2026.
GS Finance Corp. is offering $1,000‑denominated autocallable, index‑linked notes due July 5, 2033, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Goldman Sachs Momentum Builder® Focus ER Index with a 100% upside participation rate and annual automatic call tests beginning June 25, 2027. The issuer estimates the notes' value on the trade date at $885 to $935 per $1,000 face amount. If not called, holders receive at maturity either the face amount or participation in positive index performance (subject to index deductions and a 0.65% per annum deduction); negative or zero index returns result in repayment of the face amount only.
The Goldman Sachs Group, Inc. is offering $50,000,000 principal amount of Callable Fixed Rate Notes due June 2, 2031. The notes pay interest at 5.22% per annum from and including the original issue date June 2, 2026, payable each June 2 and December 2 beginning December 2, 2026. The issuer may redeem the notes in whole, but not in part, on each scheduled redemption date on or after June 2, 2027 at a price equal to 100% of principal plus accrued and unpaid interest, with at least five business days' prior notice.
The offering price is 100% of principal; underwriting discount is 0.22% ($110,000), producing proceeds before expenses of $49,890,000. The notes will be issued in book-entry form through DTC and settle on June 2, 2026. Tax and distribution restrictions for various jurisdictions (EEA, UK, Hong Kong, Singapore, Japan, Switzerland) and FATCA withholding rules apply as described.
GS Finance Corp. offers $ Leveraged Buffered S&P 500® Index-Linked Notes due July 6, 2028 (trade date June 30, 2026; determination date June 30, 2028), guaranteed by The Goldman Sachs Group, Inc.
The notes pay no interest and return a cash payment at maturity tied to the S&P 500® Index. Key terms shown: 200% upside participation rate, a 10% buffer (buffer level = 90% of initial), a buffer rate of 100%, and a maximum settlement amount of at least $1,220 per $1,000 face amount. If the final index level is below the buffer level, investors can lose a substantial portion of principal; if the index rises beyond the cap, upside is limited to the maximum settlement amount. The pricing supplement is "subject to completion" and the initial issue price and underwriting discount will be set on the trade date.
GS Finance Corp. is offering callable S&P 500® Index-linked notes guaranteed by The Goldman Sachs Group, Inc. The notes have a $1,000 face amount per note, an expected trade date of June 25, 2026, and an expected original issue date of June 30, 2026.
At maturity (expected June 30, 2032) each $1,000 face amount will pay either (i) $1,000 plus 100% participation in the S&P 500® Index return if the final index level exceeds the initial level, or (ii) $1,000 if the index return is zero or negative. The issuer may redeem the notes on specified monthly call payment dates beginning June 30, 2027, with call premiums set on the trade date (examples range from 8.8008% to 52.0714% in the table). The estimated value at pricing is between $885 and $935 per $1,000 face amount.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., offers index-linked notes tied to the Nasdaq-100®, Russell 2000® and S&P 500® underliers with expected trade date June 5, 2026, original issue date June 10, 2026 and stated maturity December 31, 2026. Each note has a $1,000 face amount and pays at maturity an amount based on the lesser performing underlier return, subject to a maximum settlement amount of $1,121.5 and a minimum settlement amount of $900. The notes bear no interest, have an upside participation rate of 100%, and an estimated value on the trade date of between $925 and $955 per $1,000 face amount. Payments depend on index closing levels on the determination date and are subject to issuer and guarantor credit risk as well as market‑disruption and tax considerations.
GS Finance Corp. offers leveraged buffered notes linked to the S&P 500® Futures Excess Return Index due January 5, 2029, guaranteed by The Goldman Sachs Group, Inc. Payment at maturity depends on the underlier return measured from the trade date to the determination date and is cash-settled per the stated payoff formula.
Key terms set on the trade date include an upside participation rate of at least 125%, a 15% buffer (buffer level = 85% of initial underlier level), and a face amount calculation per $1,000 note. The notes pay no interest, are subject to issuer and guarantor credit risk, and may trade with significant dealer spreads or illiquidity.
GS Finance Corp. offers leveraged EURO STOXX 50® Index-Linked Notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and, at maturity, will return either the $1,000 face amount or $1,000 plus the underlier return multiplied by an upside participation rate (stated as at least 135%), measured from the trade date to the determination date. Key timing: trade date June 30, 2026; original issue date July 6, 2026; determination date June 30, 2031; stated maturity date July 3, 2031. Terms, pricing and certain fees will be set on the trade date and are subject to the prospectus supplements and general terms described in this pricing supplement.
GS Finance Corp. offers $1,000 face amount autocallable notes linked to the Goldman Sachs Momentum Builder® Focus ER Index (GSMBFC5 Index). The notes pay no interest, include an annual automatic-call feature if the index closes at or above 101.5% of the initial level, and provide an upside participation rate of 100% subject to capped call premiums on scheduled call dates. If not called, principal at maturity will be $1,000 plus any upside participation if the final index level exceeds the initial level; if the index return is zero or negative, holders receive the face amount only. The index rebalances daily, applies a 5% realized volatility control, and may allocate substantially to hypothetical cash positions; the index and notes are also subject to a 0.65% per annum deduction (accruing daily). Trade date is June 4, 2026, original issue date June 9, 2026, stated maturity June 9, 2033. The pricing supplement discloses an estimated trade-date value of $885 to $925 per $1,000 face amount, which is below the original issue price.
The issuer GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering structured monthly-coupon notes linked to the common stock prices of Palantir, Meta, Oracle and Intel. The notes have a face amount of $1,000 per note, a trade date expected on June 5, 2026, an original issue date expected on June 10, 2026, and a stated maturity expected on June 12, 2031. Coupons on each coupon payment date will be either a maximum monthly coupon determined by a formula using $6.334 per $1,000 times the number of observation dates (less prior coupons) or a minimum monthly coupon of $0.209 per $1,000, depending on whether each index stock meets a 70% trigger of its initial price on coupon observation dates. The notes can be automatically called if, on any call observation date, each index stock closes at or above its initial price, in which case holders receive the face amount plus any coupon due. The estimated value at pricing is expected to be between $885 and $925 per $1,000 face amount.
GS Finance Corp. priced autocallable contingent coupon equity-linked notes due 2029 guaranteed by The Goldman Sachs Group, Inc. The notes pay a monthly contingent coupon of $6.167 per $1,000 when each underlier is at or above a 70% coupon trigger on observation dates and are subject to an automatic call if every underlier closes at or above its initial level on a call observation date. Trade date is June 10, 2026, original issue date June 15, 2026, and stated maturity is June 18, 2029. The issuer’s estimated value on the trade date is $925 to $955 per $1,000, below the original issue price as disclosed.
GS Finance Corp. is offering autocallable S&P 500® Index-Linked Notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, have a 100% upside participation rate and will be automatically called on the call payment date if the underlier closes at or above the initial level on the call observation date.
If automatically called, holders receive at least $1,055 per $1,000 face amount on the call payment date; if not called, maturity payout depends on the S&P 500 performance with principal returned at or above face when the final index level is equal to or below the initial level.
GS Finance Corp. is offering autocallable S&P 500® Index‑linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes have a 110% upside participation rate and, if automatically called on the call payment date, will pay at least $1,100 per $1,000 face amount. Trade date is June 29, 2026, original issue date July 2, 2026, call observation date June 29, 2028 and stated maturity July 9, 2029.
The cash settlement at maturity (if not called) pays $1,000 plus participation in positive index returns (110% × underlier return) when the final underlier level is greater than the initial level; otherwise holders receive the face amount. The notes do not bear interest and are subject to issuer and guarantor credit risk, limited secondary market liquidity, tax rules for contingent payment debt instruments, and FINRA conflict‑of‑interest provisions related to affiliated distribution.