Goldman Sachs Group Inc. 424B Filings

GS Finance Corp. is offering Autocallable Contingent Coupon Index-Linked Notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Russell 2000® and the S&P 500®, pay a contingent monthly coupon of $8.542 per $1,000 (≈0.8542% monthly, potential up to ~10.25% per annum) when each underlier meets a 70% coupon trigger, and may be automatically called if both underliers are at or above their initial levels on a call observation date. If not called, the cash settlement at maturity is based solely on the lesser performing underlier versus its initial level, subject to a 60% trigger buffer; investors could lose their entire investment. Trade date is June 4, 2026, original issue date June 9, 2026, stated maturity June 9, 2031. CUSIP 40054RRB9.

GS Finance Corp. priced $3,500,000 of Trigger PLUS (guaranteed by The Goldman Sachs Group, Inc.) linked to TOPIX. The notes were priced on May 27, 2026 with an original issue date of June 1, 2026 and mature on June 1, 2029. Each $1,000 stated principal pays, at maturity, either (a) $1,000 plus a 135.10% leverage factor applied to any positive index return, (b) $1,000 if the final index value is between the initial index value and the trigger level of 3,134.408 (80.00% of the initial index value 3,918.01), or (c) a reduced cash payment equal to the index performance factor if the final index value is below the trigger level. The pricing supplement states an estimated value of approximately $961 per Trigger PLUS and an original issue price of 100.00% with a 3.00% underwriting discount.

The Trigger PLUS are principal-at-risk securities, unsecured, do not bear interest, are not listed, and expose holders to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.; investors may lose a significant portion or all of their investment.

GS Finance Corp. priced market-linked medium-term notes guaranteed by The Goldman Sachs Group, Inc. These are equity index-linked, auto-callable notes tied to the S&P 500® Index with a $1,000 face amount per security, a potential automatic call on July 6, 2027, and a stated maturity of July 6, 2029.

If called, holders receive the face amount plus a call premium of at least 9.10%. If not called, holders participate at an upside participation rate of 125% in any index increase; however, if the ending level falls below 75% of the starting level (a 25% threshold), holders have 1-to-1 downside exposure and may lose up to 100% of the face amount. The estimated value at pricing is $925–$955 per $1,000 face amount; original offering price is $1,000.

GS Finance Corp. is offering structured, principal‑at‑risk notes due December 1, 2027 that pay a contingent monthly coupon and whose cash payment at maturity is tied to the performance of the single lesser performing underlier among the Nasdaq‑100, Russell 2000 and S&P 500.

The notes pay $7.50 per $1,000 (a 0.75% monthly coupon, up to 9.00% annually) only when each underlier on the related coupon observation date is at or above a coupon trigger level equal to 70% of its initial level. If any underlier finishes below 70% of its initial level at maturity, the cash settlement equals $1,000 plus $1,000 times the lesser performing underlier return, exposing holders to potential full loss of principal.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering auto-callable notes linked to the S&P 500 Index, Tesla common stock and NVIDIA common stock. The notes are expected to trade on June 4, 2026, have an expected original issue date of June 9, 2026, and a stated maturity date expected to be June 7, 2029.

Monthly coupon opportunity: each coupon observation requires each underlier to be at or above 70% of its initial level to trigger a payment; the quoted coupon accrual is $12.917 per $1,000 per observation (1.2917% monthly, ~15.5% annualized potential). The notes are automatically called if on any call observation date every underlier is at or above its initial level; otherwise final payoff depends on whether a trigger event occurs and on the performance of the lesser performing underlier.

GS Finance Corp. priced Market Linked Securities — Auto-Callable with Contingent Coupon and Contingent Downside Principal at Risk linked to the common stock of Snowflake Inc. The pricing date is May 27, 2026 and the securities mature on June 1, 2029. Each security has a $1,000 face amount and an estimated value at issuance of $974 per $1,000 face amount. The securities pay a $50 quarterly contingent coupon per $1,000 (equivalent to 20.00% per annum) only if the underlying stock meets the coupon threshold (50% of the starting price) on calculation days; unpaid coupons can be paid later if a subsequent calculation day meets the threshold. If any quarterly call date's closing price is greater than or equal to the starting price, the securities are automatically called for the face amount plus final and unpaid contingent coupons. If not called, principal at maturity depends on the ending price versus the downside threshold (50% of starting price); an ending price below that threshold results in proportional losses, potentially the entire principal. Payments are unsecured obligations of GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc., so holders are exposed to issuer/guarantor credit risk.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering callable 10-year CMT rate‑linked range accrual notes. The notes pay quarterly interest beginning September 4, 2026, carry an 7.10% interest factor for the first four payments, and mature on June 4, 2031. Beginning with the interest date in September 2027, interest for each quarterly payment will be determined by multiplying the 7.10% interest factor by the fraction of scheduled U.S. government securities business days in the prior interest period on which the 10‑year CMT rate is equal to or less than 5.00%. The issuer may redeem the notes in whole on any quarterly interest payment date on or after June 4, 2027 at 100% of face amount plus accrued interest. The estimated secondary‑market value at pricing is between $930 and $970 per $1,000 face amount.

These are unsecured obligations subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.; GS&Co. is the calculation agent and may exercise discretion over reference rates and related determinations. The notes are not bank deposits and lack FDIC insurance.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured notes linked to the SPDR4 Gold Trust (GLD) and the State Street4 Energy Select Sector SPDR4 ETF (XLE). The notes mature on May 4, 2029 unless automatically called on certain observation dates beginning November 2026. Coupons (up to 0.5834% monthly per $1,000, i.e., $5.834) are paid only if each ETF on an observation date is at or above its coupon trigger level (68.75% of initial levels). Automatic calls occur if both underliers are at or above initial levels (GLD initial $408.49; XLE initial $56.99) on a call observation date; called notes pay face amount plus accrued coupon. At maturity, if not called, the cash settlement depends on the lesser performing underlier and applies an 80% buffer (buffer amount 20%); large losses are possible if the lesser performing underlier falls below the coupon trigger (68.75%) or buffer level (80%). The pricing supplement states an estimated value of approximately $963 per $1,000 face amount at pricing and an original issue price of 100% (underwriting discount 2.75%, net proceeds 97.25%). Investors are exposed to issuer and guarantor credit risk, secondary market illiquidity, tax uncertainty, and calculation-agent discretion.

GS Finance Corp. is offering Autocallable Contingent Coupon Underlier-Linked Notes due 2031, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent monthly coupon of $10.834 per $1,000 (1.0834% monthly, potential for ~13.00% per annum) when each underlier is at or above a 70% coupon trigger level on an observation date. The notes are automatically called if, on any call observation date, each underlier is at or above its initial level; otherwise the maturity cash settlement depends solely on the performance of the lesser performing underlier. Trade date is May 29, 2026, original issue date June 3, 2026 and stated maturity June 3, 2031. The underliers are the Russell 2000® Index, the S&P 500® Index and the State Street® SPDR® S&P® Regional Banking ETF (KRE). The notes may result in substantial loss of principal, including loss of your entire investment, and are subject to issuer/guarantor credit risk, limited liquidity and tax uncertainties.

The issuer GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering leveraged, EURO STOXX 50® index-linked notes due June 30, 2031. For each $1,000 face amount, the cash payment at maturity will be either the face amount or $1,000 + ($1,000 × upside participation rate × underlier return) if the final index level exceeds the initial level. The upside participation rate is stated as at least 120%. Trade date is June 25, 2026 and the determination date is June 25, 2031. The notes pay no interest and are subject to the credit risk of the issuer and guarantor.

GS Finance Corp. is offering structured, non‑interest bearing notes linked to the lesser performing of the Nasdaq-100 Index and the S&P 500 Index. The cash payment at maturity depends solely on the lesser performing underlier return measured from the trade date May 27, 2026 to the determination date May 27, 2027, with a stated maturity of June 2, 2027.

Key economic terms: 200% upside participation subject to a maximum settlement amount of $1,177.50 per $1,000 face; a buffer level at 90% of each initial underlier level that preserves the face amount if final levels are ≥ buffer; if the lesser performing underlier falls below the buffer you lose on a dollar‑for‑dollar basis relative to the buffer decline. Aggregate face amount initially offered is $1,066,000. The notes are senior unsecured obligations of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. is offering buffered, autocallable notes linked to the Nasdaq-100 and the S&P 500, guaranteed by The Goldman Sachs Group, Inc. The pricing supplement shows an aggregate face amount of $5,335,000, an upside participation rate of 250%, a 20% buffer (buffer level = 80%), no periodic interest, a stated maturity date of June 1, 2029, and automatic annual call mechanics with call premiums of 12% (June 2027) and 24% (June 2028). If not called, final cash at maturity depends on the lesser performing underlier: positive upside above initial levels pays participation on the lesser performing underlier; losses below the buffer reduce principal according to the disclosed buffer formula. The notes carry issuer and guarantor credit risk and limited secondary market liquidity. Purchase price and underwriting spread are disclosed on the cover.

GS Finance Corp. is offering Medium-Term Notes (aggregate face amount $1,000,000) linked to the VanEck Semiconductor ETF (SMH). The notes pay no interest and provide a return tied to the underlier’s performance with 100% upside participation, a 20% buffer (buffer level = 80%) and an automatic-call feature.

If the notes are automatically called on the call observation date, holders receive $1,296.50 per $1,000 on the call payment date. If not called, maturity cash depends on the final underlier level on the determination date, subject to the buffer and buffer rate (125%). The notes are senior debt of GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., and expose investors to issuer/guarantor credit risk. Trade date is May 27, 2026, original issue date June 1, 2026, and stated maturity June 1, 2028.

GS Finance Corp. priced market-linked, auto-callable notes due June 22, 2029, linked to CoreWeave, Inc. Class A common stock. Each security has a $1,000 face amount and pays a contingent coupon of at least $68.00 per $1,000 (equivalent to 27.20% per annum) on quarterly calculation days only if the underlying stock meets the coupon threshold (50% of the starting price).

The notes are subject to automatic redemption if the stock closing price on any quarterly call date (Dec 2026 through Mar 2029) is greater than or equal to the starting price. If not called, principal at maturity depends on the ending price versus a downside threshold (50% of the starting price), and holders may lose more than 50% or all of principal. The estimated value at pricing is $925–$955 per $1,000 while the original offering price is $1,000. Underwriting discount is up to 2.325% ($23.25 per $1,000).

GS Finance Corp. is offering index-linked notes due 2029 (guaranteed by The Goldman Sachs Group, Inc.) that pay no periodic interest and whose cash payment at maturity depends on the lesser performing of the Russell 2000Index and the S&P 500Index. If the final level of each underlier is greater than or equal to its initial level, the holder will receive up to a maximum settlement amount of at least $1,232.50 per $1,000 face amount; if any underlier return is negative, the holder will receive the $1,000 face amount. Key dates and mechanics shown include a trade date of June 30, 2026, an original issue date of July 6, 2026, a determination date of July 2, 2029, and a stated maturity date of July 6, 2029. The notes are treated as contingent payment debt instruments for U.S. federal income tax purposes and are subject to the credit risk of the issuer and guarantor.

GS Finance Corp. is offering structured, auto-callable notes linked to the S&P 500 Index, the Russell 2000 Index and the State Street® Consumer Staples Select Sector SPDR® ETF with a stated maturity of June 1, 2029. The offering has an initial aggregate face amount of $730,000 and an original issue price of 100% of face amount.

The notes pay a monthly coupon of $10 per $1,000 (1% monthly) only if on a coupon observation date the closing level of each underlier is at least 70% of its initial level. The notes are automatically called if, on any call observation date beginning in August 2026, each underlier’s closing level is at or above its initial level, in which case holders receive face amount plus the coupon on the related call payment date. If not called, the maturity payment is based solely on the lesser performing underlier; a final underlier level below 70% of its initial level results in a reduced principal amount tied to that lesser performing underlier.

The pricing supplement offers callable, cash-settled notes issued by GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., linked to the Nasdaq-100, Russell 2000 and EURO STOXX 50 indices. The notes pay no interest, have an aggregate face amount of $1,105,000, trade date May 27, 2026, original issue date June 1, 2026, stated maturity June 3, 2031, and a determination date of May 27, 2031.

They are automatically called if, on any call observation date, each underlier closes at or above its initial level; call premiums range from 15% (first call) up to 67.5% (final call). If not called, maturity payoff is tied to the lesser performing underlier: upside participation is 100%, a trigger buffer is 60%, and losses can equal the full investment if the lesser performing underlier falls below its trigger buffer.

GS Finance Corp. offers structured, non‑interest bearing notes linked to Micron Technology, Inc. stock. The aggregate face amount at original issue is $1,046,000. The notes pay no interest, may be automatically called on May 27, 2027 if Micron’s closing price is ≥70% of the initial price of $928.41, and, if called, would pay $1,425 per $1,000 face amount on the call payment date.

If not called, the maturity payment (determination date May 29, 2029, stated maturity date June 1, 2029) depends on the final index stock price versus the initial price: positive upside is paid at 110% participation; declines up to 50% return principal; declines beyond 50% produce proportional losses, potentially the entire investment. Estimated value on trade date is about $938 per $1,000 face amount.

The GS Finance Corp. pricing supplement describes medium-term contingent coupon notes (aggregate face amount $6,739,000) guaranteed by The Goldman Sachs Group, Inc. Each note’s cash settlement at maturity (stated maturity June 1, 2029) is linked to the performance of three underliers: the Nasdaq-100 Index, the Russell 2000 Index and the VanEck Gold Miners ETF. Notes pay a contingent monthly coupon of $12.917 per $1,000 (1.2917% monthly; potential up to ~15.50% per annum) only when every underlier on the related coupon observation date is at or above its coupon trigger level (60% of initial level). A trigger buffer (50% of initial level) determines principal exposure: if the final level of the lesser performing underlier is below its trigger buffer, holders suffer losses equal to the lesser performing underlier return times $1,000 and could lose their entire investment. The issuer may redeem the notes on coupon payment dates from December 2026 through May 2029. The original issue price is 100% of face with an underwriting discount of 1% (net proceeds 99% of face).

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering leveraged buffered notes linked to the S&P 500® Futures Excess Return Index with an expected trade date of May 29, 2026, original issue date expected June 3, 2026 and stated maturity expected June 1, 2029. For each $1,000 face amount, the cash payment at maturity depends on the underlier return and an upside participation rate of 123% with an 80% buffer level (20% buffer amount). The notes pay no interest; estimated value at pricing is between $925 and $965 per $1,000 face amount. Payments are subject to issuer and guarantor credit risk and complex determination rules for market disruptions, successor underliers and tax treatment.

The pricing supplement describes Contingent Income Buffered Auto-Callable Securities issued by GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc., linked to the common stock of Freeport-McMoRan Inc. The notes have a $1,000 stated principal amount, an initial share price $65.87, a buffer price equal to 70.00% of that initial price, a buffer amount 30.00% and a downside factor ~1.4286. The securities may pay a contingent monthly coupon (set at $16.134 per $1,000 accrual basis) only when the underlying closes at or above the buffer on coupon observation dates and will be automatically called if the underlying closes at or above the initial share price on any call observation date. If not called, maturity is expected June 4, 2027, with payment at maturity dependent on the final share price versus the buffer; significant principal loss (up to total loss) is possible if the final share price is below the buffer.

GS Finance Corp. and The Goldman Sachs Group, Inc. are offering Contingent Income Auto-Callable Securities linked to the common stock of Palo Alto Networks, Inc., maturing June 8, 2029. Each security has a $1,000 principal amount and may pay a contingent quarterly coupon (at least $31.625 per relevant observation formula) only if the underlying stock's closing price on a coupon observation date is greater than or equal to the downside threshold (50.00% of the initial share price). The securities are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., are subject to credit risk, and may be automatically called early if the underlying stock closes at or above the initial share price on any call observation date. If not called and the final share price is below the downside threshold, investors face a 1:1 loss exposure to declines and could lose most or all principal; if the final share price is at or above the downside threshold, payment at maturity is limited to $1,000 plus any final contingent coupon. The pricing date is expected on or about June 5, 2026, with an estimated secondary-market indicative value of $910 to $970 per security.

GS Finance Corp. is offering $1,000 face‑amount Autocallable Notes linked to the Goldman Sachs Momentum Builder® Focus ER Index with a 100% upside participation rate and a 101% call level. The notes have a trade date of June 25, 2026, original issue date of June 30, 2026 and a stated maturity of June 30, 2033. If the index closes at or above the call level on an annual call observation date, the notes will be automatically called and pay the face amount plus a call premium (scheduled call premiums range from at least 9.25% on the first call to at least 55.50% on the sixth call).

If not called, the cash settlement at maturity pays $1,000 + $1,000 × (index return) × 100% when the final index level exceeds the initial index level; if the final index level is equal to or below the initial level, you would receive the face amount. The pricing supplement discloses an estimated trade‑date model value of $850 to $890 per $1,000 face amount, and the index methodology applies a 0.65% per annum deduction and a 5% realized volatility control.

The offered notes are senior, cash‑settled structured notes issued by GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., with an aggregate face amount of $2,314,000. The notes pay a contingent monthly coupon of $10.417 per $1,000 (1.0417% monthly, ~12.5% annualized) only when each underlier is at or above its coupon trigger level on observation dates. If not redeemed, the maturity cash payment per $1,000 depends solely on the lesser performing underlier return, with principal fully at risk below the 70% trigger buffer. The notes trade on Trade date: May 27, 2026 and mature on Stated maturity date: June 1, 2029. The issuer may redeem the notes on specified coupon payment dates between August 2026 and February 2029.

The issuer, GS Finance Corp., is offering structured notes linked to the Class C capital stock of Alphabet Inc., common stock of Apple Inc., common stock of NVIDIA Corporation and common stock of Bank of America Corporation. The notes mature on June 3, 2031 unless automatically called on observation dates beginning May 2027. Each $1,000 face amount pays either a maximum coupon of $7.50 (0.75% monthly; up to 9% p.a.) if every index stock on a coupon observation date is >= 80% of its initial price, or a minimum coupon of $0.209 (0.0209% monthly; ~0.25% p.a.) if any index stock is below that trigger. Notes are automatically called if, on a call observation date, each index stock is >= its initial price (initial prices: GOOG $384.83, AAPL $310.85, NVDA $212.60, BAC $51.10 as of trade date May 27, 2026). Original issue price is 100% of face; estimated value at pricing was approximately $957 per $1,000. The offering lists an aggregate face amount of $4,059,000. Payments depend on the issuer’s and guarantor’s creditworthiness and on determinations by the calculation agent, Goldman Sachs & Co. LLC.

GS Finance Corp. is offering medium-term notes linked to NVIDIA Corporation common stock. The pricing supplement sets an $50,000 aggregate face amount and an original issue price of 100% of face amount. The notes pay no interest and mature on June 30, 2027 (determination date June 28, 2027), with cash settlement tied to the final underlier level versus a buffer level of 85%. If the final underlier level is at or above the buffer level, holders receive the $1,244.60 maximum settlement per $1,000 face amount. If the final underlier level is below the buffer, losses apply at a rate determined by the buffer rate (≈117.65%), and holders may lose up to their entire investment. The notes are issued by GS Finance Corp. and unconditionally guaranteed by The Goldman Sachs Group, Inc.; GS&Co. serves as calculation agent.

GS Finance Corp. priced bearish autocallable, S&P 500® index-linked notes due September 16, 2027, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and an automatic call if the index closes below 80% of the initial level on any call observation date. If not called, maturity payoffs depend on the index return: at least $1,050 per $1,000 if the final index level is ≥ initial level (contingent return of at least 5%), up to 20% participation if index declines but stays ≥ 80%, and limited to $1,000 if index falls below 80%. The estimated value at pricing is between $925 and $965 per $1,000 face amount.

GS Finance Corp. / The Goldman Sachs Group, Inc. is offering Contingent Income Auto-Callable Securities tied to the common stock of Citigroup Inc. The securities have a $1,000 principal amount per security, contingent quarterly coupons (at least $27.25 if the coupon observation price meets the downside threshold) and a stated maturity date expected to be June 8, 2029. Coupons and principal repayment depend on the underlying stock's closing prices on specified observation dates; if the final share price is below the downside threshold (65% of the initial share price), investors may lose a significant portion or all of principal. The securities may be automatically called early if the underlying stock closes at or above the initial share price on any call observation date.

GS Finance Corp. offers structured notes tied to Broadcom Inc. (AVGO UW) with an aggregate face amount of $370,000, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. Each $1,000 face amount pays no interest and will settle in cash at maturity on June 30, 2027 based on the underlier's performance from the trade date to the determination date. If the final underlier level is ≥ the buffer level (85% of the initial level), holders receive the capped maximum settlement amount of $1,311.20 per $1,000. If the final underlier level is below 85%, holders lose approximately 1.1765% of face for each 1% decline below the buffer (buffer rate ≈ 117.65%), and could lose their entire investment. Trade date: May 27, 2026; initial underlier level: $421.86. The notes do not bear interest and are subject to the credit risk of GS Finance Corp. and its guarantor.

GS Finance Corp. priced contingent monthly‑coupon, autocallable notes guaranteed by The Goldman Sachs Group, Inc. The offering totals $17,525,000 of notes with a face amount of $1,000 per note, an original issue price of 100%, and an underwriting discount of 0.725%. Coupons of 1.0834% monthly (up to ~13.00% per annum) are paid only if each underlier is at or above 70% of its initial level on the coupon observation date. The notes will be automatically called if, on any call observation date, each underlier is at or above its initial level; otherwise the cash settlement at maturity depends solely on the performance of the lesser performing underlier, exposing holders to the potential loss of their entire investment. Key dates include trade date May 27, 2026, original issue date June 1, 2026, determination date April 27, 2028 and stated maturity May 4, 2028.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering Performance Leveraged Upside Securities (PLUS) linked to the S&P 500® Index with expected pricing around June 16, 2026, original issue date June 22, 2026. Each PLUS has a $1,000 stated principal amount and a stated maturity date of October 5, 2027. If the final index value on the valuation date (expected September 30, 2027) exceeds the initial index value, holders receive the $1,000 principal plus a leveraged upside payment equal to 300% of the index percent increase, capped at a maximum payment at maturity of at least $1,164.00 per PLUS (at least 116.40% of principal). If the final index value is equal to or below the initial index value, holders suffer losses on a 1:1 basis and may lose their entire investment. The original issue price exceeds GS&Co.’s estimated value; the estimated secondary-market value range at pricing is $910 to $970 per PLUS. The offering bears an underwriting discount of 2.25%, and Morgan Stanley Wealth Management will receive a $22.50 selling concession per PLUS.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured notes linked to the VanEck Gold Miners ETF and the iShares® Silver Trust that mature on June 5, 2029. The notes pay no interest, are subject to automatic call beginning on May 27, 2027 (call premiums of 8.1% and 16.2% are specified for the two listed call dates), and provide a cash payment at maturity tied to the lesser performing underlier. If both underliers finish above their initial levels, holders receive the face amount plus the lesser performing underlier return (100% upside participation). If either underlier is equal to or below its initial level at the determination date (May 29, 2029), the holder receives only the face amount. The original issue price is 100% of face amount, underwriting discount 3.25%, net proceeds to issuer 96.75%, and the issuer-reported estimated model value on the trade date is approximately $960 per $1,000 face amount.

The Goldman Sachs Group, Inc. is offering Callable Fixed Rate Notes due May 29, 2046 that pay interest at 6.05% per annum from the original issue date of May 29, 2026 with annual payments on each May 29 beginning May 29, 2027. The issuer may redeem the notes in whole (not in part) on specified redemption dates beginning on or after May 29, 2028, at a price equal to 100% of principal plus accrued interest, with at least five business days’ prior notice.

The offering size for the initial sale is $5,686,000 at an initial price to public of 100%. Underwriting discount is 1.177%, leaving proceeds to the issuer before expenses of $5,619,075.78. Interest uses the 30/360 (ISDA) day count convention; February redemptions may use a factor less than 270/360. The notes will be issued in book-entry form through DTC. Tax and distribution restrictions and investor eligibility limits are described for multiple jurisdictions.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering Contingent Income Auto-Callable Securities linked to the Class A common stock of Vertiv Holdings Co. The notes are principal-at-risk, mature June 8, 2029, and may be automatically called earlier if the underlying stock meets call conditions.

The notes pay a contingent quarterly coupon (product tied to at least $51.25 per $1,000 schedule) only when the underlying stock's closing price on coupon observation dates is at or above a downside threshold equal to 50.00% of the initial share price. If the final share price is below that threshold, repayment at maturity is reduced one-for-one by the share performance factor and could be zero. Estimated secondary-market value on pricing is stated as $905 to $965 per security.

GS Finance Corp. offers $7,587,000 of Barrier Market-Linked Notes linked to the SPDR® Gold Trust (GLD), guaranteed by The Goldman Sachs Group, Inc. The notes trade on May 27, 2026 with original issue date May 29, 2026 and stated maturity June 2, 2028. For each $1,000 face amount the notes pay either (a) $1,000 plus a 8.00% contingent return if an upper-barrier event occurs on any observation day, or (b) if no barrier event occurs, $1,000 plus the ETF return up to a maximum of 40.50%. The initial ETF price is $408.49; the upper barrier is the initial price plus 40.50. The estimated value on the trade date was approximately $974 per $1,000 face amount; original issue price is 100.00% with a 2.00% underwriting discount.

GS Finance Corp. is offering autocallable equity-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes reference Class A common stock of Alphabet (GOOGL), Meta (META) and common stock of NVIDIA (NVDA) and pay based on the lesser performing underlier.

The notes have a 200% upside participation rate, a 60% trigger buffer for each underlier, a trade date of June 3, 2026, original issue date June 8, 2026, a call observation date of June 10, 2027 with a capped automatic call payment of $1,800 per $1,000 face amount, and a stated maturity of June 7, 2029. Purchasing at a premium to face amount increases potential loss; investors are exposed to issuer and guarantor credit risk.

GS Finance Corp. is offering autocallable contingent coupon equity-linked notes due June 7, 2029, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount reference and pays a contingent monthly coupon of $12.50 per $1,000 (1.25% monthly) if each underlier meets its 50% coupon trigger on the observation date. The notes reference Salesforce (CRM), Meta Platforms (META) and Microsoft (MSFT), are subject to an automatic call if all three underliers are at or above their initial levels on a call observation date, and settle at maturity in cash based solely on the lesser performing underlier. Investors bear credit risk of the issuer and guarantor and could lose their entire investment if the lesser performing underlier falls below its 50% trigger buffer.

GS Finance Corp. offers Contingent Income Auto-Callable Securities 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 pay a contingent quarterly coupon only if each index on a coupon observation date is at or above a 70.00% downside threshold. The contingent coupon is set on the pricing date and is at least $24.00 per $1,000 on each coupon payment date when payable. The notes may be automatically called early if, on any call observation date, every underlying index is at or above its initial index value; otherwise the payment at maturity (if not called) will equal $1,000 × the worst performing index performance factor, which could be less than $700.00 or zero. The pricing date is expected on or about June 5, 2026, original issue date expected June 10, 2026, and stated maturity date expected June 8, 2028.

The Goldman Sachs Group, Inc. is offering $20,700,000 of Callable Zero Coupon Notes due May 29, 2056. The notes are original issue discount securities issued at an initial public price of 14.494% (aggregate $3,000,258) and yield 6.65% to maturity if held to the stated maturity.

The issuer may redeem the notes in whole, but not in part, on specified annual early redemption dates beginning May 29, 2036 at predetermined early redemption amounts (for example, 27.593% / $275.93 on May 29, 2036 up to 93.768% / $937.68 on May 29, 2055). Payments are subject to Goldman Sachs' credit risk and FATCA withholding rules; notes are unsecured and do not pay periodic interest.

GS Finance Corp. offers callable contingent coupon underlier-linked notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent monthly coupon of $13.584 per $1,000 (1.3584% monthly, up to approximately 16.3% per annum) when each underlier meets a 60% coupon trigger on observation dates. The notes are redeemable at issuer option on quarterly coupon payment dates beginning December 2026. At maturity the cash payment per $1,000 depends on the performance of the lesser performing underlier; if below the 50% trigger buffer level the holder suffers proportional principal loss. Trade date is June 4, 2026, original issue date June 9, 2026, and stated maturity June 9, 2031.

GS Finance Corp. is offering autocallable contingent coupon index-linked notes due June 16, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Nasdaq-100, Russell 2000 and S&P 500 indices and include an automatic call feature.

The notes pay a contingent monthly coupon of $8.375 per $1,000 (0.8375% monthly; up to 10.05% per annum) only when each underlier is at or above a coupon trigger level (defined as 70% of its initial level). A trigger buffer level is 50% of the initial level. If not called, the maturity cash payment is based on the lesser performing underlier; substantial principal loss is possible (for example, a final underlier level of 12% of initial would result in an 88.00% loss of principal on that $1,000 note).

GS Finance Corp. offers $7,425,000 of Trigger Autocallable GEARS due 2029, guaranteed by The Goldman Sachs Group, Inc. Each $10 face amount is linked to Microsoft Corporation (MSFT) with an initial index stock price of $416.03, an autocall barrier at 100%, an upside gearing of 1.435, a downside threshold of 75% and a call return of 19%. The securities may be automatically called on June 3, 2027 (payment on June 8, 2027), and otherwise settle at maturity on June 1, 2029. Payments are cash-settled, contingent on the final Microsoft closing price and on the creditworthiness of GS Finance Corp. and The Goldman Sachs Group, Inc. The pricing supplement states an estimated value of approximately $9.60 per $10 face amount on the trade date and an original issue price equal to 100.00% of face amount.

GS Finance Corp. is offering Leveraged Buffered S&P 500® Futures Excess Return Index‑Linked Notes due 2031, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount, an upside participation rate of 209%, and a 15% buffer (buffer level 85%). The trade date is June 2, 2026, original issue date June 5, 2026, determination date June 2, 2031 and stated maturity date June 5, 2031. At maturity the cash payment per $1,000 face amount will equal either (1) $1,000 plus upside participation times the underlier return if the final level is greater than the initial level, (2) $1,000 if the final level is between the buffer level and initial level, or (3) $1,000 plus $1,000×buffer rate×(underlier return + buffer amount) if the final level is below the buffer level, which can produce substantial principal loss. The underlier is the S&P 500® Futures Excess Return Index (E‑mini S&P 500 futures exposure), and the calculation agent is Goldman Sachs & Co. LLC. The notes pay no interest and are subject to issuer and guarantor credit risk, market/disruption risks, negative roll yields, and uncertain U.S. federal income tax treatment.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc. is offering autocallable contingent-coupon notes linked to the iShares® Semiconductor ETF (SOXX). The notes pay a monthly-style coupon (product of $10.917 per $1,000 face) only when the ETF closing level on an observation date is at least 65% of the initial level. The notes may be automatically called on monthly call observation dates beginning in May 2027 if the ETF closing level is greater than or equal to the initial level; if called you receive the face amount plus any coupon due. If not called, maturity is expected June 4, 2032, and the cash settlement depends on the ETF return: you receive full principal if the final level is ≥65% of initial, no coupon but full principal at 50–65%, and a proportional loss below 50% (resulting in <50% recovery if final level <50%). The pricing supplement shows an estimated model value of $885–$925 per $1,000 face at pricing and notes the original issue price is 100% of face amount.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured medium-term notes linked to the Nasdaq-100, Russell 2000 and S&P 500. The notes pay a contingent monthly coupon of $8.709 per $1,000 if each underlier meets a 70% coupon trigger on the observation date. If any underlier is below a 70% trigger buffer at maturity, redemption is cash-settled based on the lesser performing underlier return, which could cause investors to lose their entire investment. The issuer may redeem the notes on coupon payment dates beginning in December 2026. Purchase price is 100% of face amount with a 0.75% underwriting discount.

The Goldman Sachs Group, Inc. is offering $19,841,000 of Callable Fixed Rate Notes due May 29, 2031 that pay interest at 5.05% per annum from the original issue date May 29, 2026, with annual interest payments on each May 29 and the first payment on May 29, 2027

The notes are callable at the issuer’s option on specified redemption dates beginning on or after May 29, 2028, at a redemption price equal to 100% of principal plus accrued interest. Initial price to public is 100%; underwriting discount is 0.716%.

The Goldman Sachs Group, Inc. is offering Callable Fixed Rate Notes due June 2, 2031 that will pay interest at 5.22% per annum from and including the expected original issue date of June 2, 2026. Interest is expected semiannually on June 2 and December 2, with the first payment expected on December 2, 2026. The notes are callable at Goldman Sachs' option in whole, on scheduled quarterly redemption dates beginning on or after June 2, 2027, at a redemption price equal to 100% of principal plus accrued interest, with at least five business days' prior notice. The notes will be issued in book-entry form as a master global note registered in the name of DTC and are subject to U.S. federal tax treatment described for debt securities and to FATCA withholding rules.

GS Finance Corp. is offering $6,000,000 aggregate face amount of Trigger Autocallable Contingent Yield Notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay a quarterly $0.25 contingent coupon per $10 face amount if both the Russell 2000® and Nasdaq-100® close at or above their 70% coupon barrier on observation dates. Commencing November 2026 the notes will be automatically called if both indices close at or above their initial index levels set on the May 26, 2026 strike date. If not called, principal repayment at maturity (June 1, 2029) is contingent: if any index finishes below its 70% downside threshold the cash settlement equals $10 × (1 + lesser-performing-index return), which can result in a substantial or total loss of principal. The original issue price is 100% of face amount, estimated value at pricing ≈ $9.83 per $10 face amount.

The Goldman Sachs Group, Inc. is offering fixed rate medium-term notes with an aggregate principal amount of $2,000,000. The notes pay interest at 4.70% per annum from the original issue date May 29, 2026 to, but excluding, the stated maturity date May 28, 2032, with semiannual interest payment dates on May 29 and November 29 (commencing November 29, 2026).

The notes will be issued in denominations of $1,000, will not be listed on any exchange, and will be issued in book-entry form through DTC. Goldman Sachs & Co. LLC acted as purchaser/underwriter and calculation agent; the original issue price is 100% with an underwriting discount of 1.5%, yielding net proceeds to the issuer of 98.5% of principal.