Goldman Sachs Group Inc. 424B Filings

The Goldman Sachs Group, Inc. is offering Callable Fixed Rate Notes due 2034 with an original issue date of May 29, 2026. The notes pay interest at 5.25% per annum, with semiannual payments on May 29 and November 29 (first payment November 29, 2026). The notes are callable in whole on specified redemption dates beginning on or after May 29, 2028, at a redemption price of 100% plus accrued interest. The initial offering principal amount is $4,879,000, the underwriting discount is 1.255% (equal to $61,231.45), and estimated proceeds before expenses to the issuer are $4,817,768.55. Interest is computed using the 30/360 (ISDA) day count convention; February redemptions may yield a factor of 89/360 or 90/360 as specified.

The Goldman Sachs Group, Inc. is offering $2,335,000 aggregate principal amount of fixed rate senior notes due May 29, 2031 with a 4.70% per annum coupon, issued on May 29, 2026.

Interest accrues from the original issue date and is payable semiannually on May 29 and November 29, beginning November 29, 2026. The original issue price is 100% of principal, underwriting discount is 0.8%, and net proceeds to the issuer are 99.2% of principal. The notes will be issued in book-entry form under the senior debt indenture dated July 16, 2008.

The Goldman Sachs Group, Inc. is offering Callable Fixed Rate Notes due May 29, 2029, issued May 29, 2026, bearing interest at 4.65% per annum payable semiannually (May 29 and November 29). The offering size at initial price to public is $5,963,000 (100% of principal); underwriting discount is 0.622% and net proceeds before expenses are $5,925,910.14. The issuer may redeem the notes in whole, but not in part, on specified redemption dates beginning May 29, 2027, at a price equal to 100% of principal plus accrued interest; interest accruals use the 30/360 (ISDA) convention. The notes will be issued in book-entry form through DTC and are not bank deposits or FDIC insured.

The Goldman Sachs Group, Inc. is offering fixed rate senior notes with a 5.50% per annum coupon. The pricing supplement lists a principal amount line showing $1,000,000, an original issue price of 100%, underwriting discount of 1.7% and net proceeds of 98.3%. Interest accrues from the original issue date of May 29, 2026 and is payable annually on each May 29, commencing May 29, 2027, with a stated maturity date of May 29, 2046.

The notes will be issued in book-entry form as a master global note, will not be listed on an exchange, and may be resold in market-making transactions by Goldman Sachs affiliates. The prospectus identifies FATCA withholding, standard U.S. federal income tax treatment of interest, and defeasance provisions described in the accompanying prospectus.

The Goldman Sachs Group, Inc. is offering Callable Fixed Rate Notes due 2030 with an aggregate principal amount of $16,106,000 at an initial price of 100.00% of principal. The notes pay interest at 5.00% per annum from the original issue date May 29, 2026 and mature on February 28, 2030. Interest is paid annually each May 29 and at maturity, with the first payment on May 29, 2027. The issuer may redeem the notes in whole (but not in part) on specified redemption dates beginning on or after November 29, 2026, at a redemption price equal to 100% of principal plus accrued interest, with at least five business days’ notice. The offering is being distributed by Goldman Sachs & Co. LLC and InspereX LLC and will settle on May 29, 2026.

The Goldman Sachs Group, Inc. is offering fixed rate senior notes with $1,974,000 principal. The notes carry a 5.00% per annum coupon, pay interest semiannually on May 29 and November 29 beginning November 29, 2026, and mature on May 27, 2033. The original issue price is 100% of principal with an underwriting discount of 0.6% and net proceeds of 99.4% of principal. The notes will be issued in book-entry form via DTC, will not be listed, and are subject to U.S. federal income tax rules and FATCA withholding.

The Goldman Sachs Group, Inc. is offering fixed rate senior notes with a principal amount of $7,558,000 under a pricing supplement dated May 27, 2026. The notes bear interest at 4.50% per annum, pay interest on May 29 and November 29 (commencing November 29, 2026) and mature on May 29, 2029.

They will be issued at an original issue price of 100% of principal (net proceeds to issuer 99.344% after an underwriting discount of 0.656%), will not be listed on any exchange, and will be issued in book-entry form as a master global note. Interest accrual uses the 30/360 (ISDA) day count convention.

The offered notes are medium-term, cash-settled notes linked to the VanEck Gold Miners ETF (GDX), issued by GS Finance Corp.The Goldman Sachs Group, Inc. They pay a contingent quarterly coupon and are subject to an automatic call if the underlier closes at or above the initial level on any call observation date.

If not called, maturity payment per $1,000 face amount equals $1,000 if the final underlier level is at or above the trigger buffer level (55% of the initial level); otherwise the cash settlement equals $1,000 + ($1,000 × underlier return), which can result in losing a substantial portion or all of principal. Initial underlier level: $85.44. Trade date: May 27, 2026; stated maturity: June 1, 2029.

The Goldman Sachs Group, Inc. is offering $8,088,000 principal of Callable Fixed Rate Notes due May 13, 2041 with a fixed interest rate of 5.65% per annum from the original issue date of May 29, 2026. Interest is payable annually on May 29, beginning May 29, 2027. The notes are callable in whole, but not in part, on specified redemption dates beginning November 29, 2028, at a redemption price equal to 100% of principal plus accrued interest. The initial public offering price is 100% of principal; underwriting discount is 2.63%, leaving proceeds to the issuer of $7,875,285.60 before expenses. The notes will be issued in book-entry form through DTC and are not bank deposits or FDIC insured.

The Goldman Sachs Group, Inc. is offering fixed-rate senior notes with a principal amount of $2,000,000, issued at 100% of principal with an original issue date of May 29, 2026. The notes pay interest at 4.80% per annum semiannually on May 29 and November 29, commencing November 29, 2026, and mature on May 27, 2033.

The pricing supplement dated May 27, 2026 shows an underwriting discount of 1.75% of principal, net proceeds to the issuer of 98.25% of principal, and estimated issuer expenses of approximately $15,000. The notes will be issued in book-entry form as a master global note and will not be listed on any exchange.

The Goldman Sachs Group, Inc. is offering $7,629,000 of Callable Fixed Rate Notes due May 26, 2028, with interest at 4.45% per annum from and including the original issue date May 29, 2026.

Interest is payable semiannually on May 29 and November 29, beginning November 29, 2026. The notes are redeemable at the issuer’s option, in whole but not in part, on specified redemption dates on or after November 29, 2026, at a price equal to 100% of principal plus accrued interest with at least five business days’ notice. The offering will settle May 29, 2026 and will be issued in book-entry form through DTC.

The Goldman Sachs Group, Inc. is issuing Callable Zero Coupon Notes due May 29, 2035 with a $1,000,000 principal amount. The notes are zero-coupon original issue discount (OID) securities issued May 29, 2026 and callable on specified early redemption dates beginning May 29, 2028. The prospectus shows a yield to maturity of 5.45% per annum and an initial price to public of 62.027% ($620,270). On each permitted early redemption date the cash settlement per $1,000 principal equals $1,000 times the listed early redemption amount (for example, $689.72 on May 29, 2028 and $948.32 on May 29, 2034). The notes are unsecured obligations of Goldman Sachs, not FDIC insured, subject to issuer credit risk, FATCA withholding, limited secondary market liquidity, and U.S. federal tax treatment as OID. The offering was sold to Goldman Sachs & Co. LLC, which may engage in market-making resales.

The Goldman Sachs Group, Inc. is offering fixed rate senior medium-term notes with a principal amount of $1,356,000 under its Medium-Term Notes, Series N program. The notes carry a 5.15% per annum coupon, pay interest annually on May 29 beginning May 29, 2027, have an original issue date of May 29, 2026, and a stated maturity of May 29, 2036. The original issue price is 100% of principal, with an underwriting discount of 1.008% and estimated net proceeds to the issuer of 98.992% of principal. The notes will not be listed and will be issued in book-entry form through DTC.

The Goldman Sachs Group, Inc. is offering $4,232,000 principal of Callable Fixed Rate Notes due May 14, 2046 at an initial price of 100%. The notes pay interest at 5.825% per annum, accrue from the original issue date (May 29, 2026), and are callable at issuer option on scheduled redemption dates beginning May 29, 2029.

The notes will be issued in book‑entry form through DTC, settle on May 29, 2026, and carry underwriting discounts of 2.269%. The offering is subject to FATCA withholding and multiple jurisdictional distribution restrictions.

The Goldman Sachs Group, Inc. is offering Callable Fixed Rate Notes due 2036 with an aggregate principal amount of $7,861,000. The notes pay interest at 5.375% per annum, accrue from the original issue date May 29, 2026, and mature on May 13, 2036. Interest is payable annually on May 29 (and at maturity), with the first payment on May 29, 2027. The issuer may redeem the notes in whole, on specified redemption dates beginning on or after November 29, 2027, at par plus accrued interest, subject to at least five business days' notice and the 30/360 (ISDA) day count convention. The initial public price is 100% with an underwriting discount of 2.14%, producing proceeds before expenses of $7,692,774.60.

GS Finance Corp. offers $1,681,000 aggregate face amount of Buffer Autocallable GEARS linked to the S&P 500® Index due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes provide enhanced upside exposure (upside gearing 1.225) if the final index level exceeds the initial level, an automatic redemption feature with a 9.00% call return if the index on the call observation date equals or exceeds the autocall barrier, and a 10.00% buffer (downside threshold = 90.00% of the initial index level) that applies only at maturity.

The offering sets a face amount denomination of $10, an original issue price of 100.00% of face amount (net proceeds to issuer 97.50% after a 2.50% underwriting discount), trade date May 27, 2026, original issue date May 29, 2026, call observation date June 3, 2027, call payment date June 8, 2027, determination date May 29, 2029, and stated maturity date June 1, 2029 (all dates subject to postponement). Payments, including any contingent repayment of principal, are subject to the creditworthiness of GS Finance Corp. and The Goldman Sachs Group, Inc.

The Goldman Sachs Group, Inc. is offering fixed-rate senior medium-term notes with a principal amount of $2,000,000, original issue date May 29, 2026 and stated maturity date May 29, 2029. The notes pay interest at 4.40% per annum, semiannually on May 29 and November 29.

Notes are issued at 100% of principal with an underwriting discount of 0.75% (net proceeds 99.25%), will be issued in book-entry form as a master global note, are not listed on an exchange, and are not FDIC insured.

The Goldman Sachs Group, Inc. is offering $4,000,000 principal of fixed rate senior notes under its Medium‑Term Notes, Series N program. The notes pay interest at 5.25% per annum, accrue from the original issue date, and mature on May 28, 2038. The original issue price is 100% of principal; underwriting discount is 1.45%, yielding net proceeds of 98.55% to the issuer. Interest is payable annually on May 29 beginning May 29, 2027. The notes will be issued in book‑entry form through DTC, will not be listed, and may be resold in market‑making transactions by Goldman Sachs affiliates. Offerings are subject to customary jurisdictional resale and investor‑type restrictions and FATCA withholding rules.

GS Finance Corp. is offering Goldman Sachs Momentum Builder® Focus ER Index-Linked Notes due June 28, 2029, guaranteed by The Goldman Sachs Group, Inc.. Payment at maturity depends on the index return: if the final index level exceeds the initial level, holders receive $1,000 + $1,000 × upside participation rate × index return; otherwise holders receive the face amount of $1,000. The index applies daily rebalancing, a 5% realized volatility control, a momentum risk control, and a deduction of 0.65% per annum (accruing daily). The upside participation rate is stated as at least 400%. Trade date is June 25, 2026, original issue date June 30, 2026, and determination date is June 25, 2029. The notes do not pay interest, are subject to issuer and guarantor credit risk, may allocate substantially to cash-equivalent positions (which earn zero excess return before the deduction), and may have limited secondary market liquidity.

The Goldman Sachs Group, Inc. is offering $3,709,000 principal of Callable Fixed Rate Notes due May 29, 2030. The notes bear interest at 4.75% per annum from the original issue date May 29, 2026, payable each May 29 and November 29, beginning November 29, 2026.

The issuer may redeem the notes in whole (but not in part) on specified redemption dates on or after May 29, 2028, at a price equal to 100% of principal plus accrued interest, with at least five business days’ notice; February redemptions use the 30/360 (ISDA) day count (February factor shown as 89/360 in certain years).

GS Finance Corp. is offering Autocallable S&P 500® Index-Linked Notes due 2030, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, feature an automatic call on a March 30, 2027 observation (call payment April 2, 2027) that would pay $1,090 per $1,000 face amount if the underlier is at or above the initial level, and otherwise provide cash settlement at maturity on August 1, 2030 based on the S&P 500® final level and a 140.15% upside participation rate with an 80% buffer level and a 125% buffer rate. The notes may result in a total loss of principal if the final underlier level is sufficiently low; purchasers bear the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. is offering fixed-coupon buffered notes linked to the S&P 500® Volatility Plus Daily Risk Control Index, guaranteed by The Goldman Sachs Group, Inc. The notes pay a quarterly coupon of at least $15 per $1,000 (at least 1.5% quarterly, or up to 6% per annum), commence September 2026 and mature on or about July 2, 2029. Principal at maturity depends on the index return from the trade date (expected June 25, 2026) to the determination date (expected June 25, 2029): investors receive 100% of face amount if the final index level is >= 85% of the initial level (buffer level), otherwise the cash settlement declines proportionally and can result in substantial loss (examples include a 25% final level → 40% of face amount). The estimated value at terms-set is between $925 and $965 per $1,000. Payments are unsecured obligations of GS Finance Corp. and subject to issuer and guarantor credit risk. Certain distribution terms, underwriting discounts and possible different issue prices for some investors are described in the supplement.

The Goldman Sachs Group, Inc. is offering Callable Fixed Rate Notes due 2033 paying 5.125% per annum. Interest accrues from the original issue date May 29, 2026 and is payable annually on May 29, beginning May 29, 2027. The notes mature on May 13, 2033 and are callable by the issuer in whole (not in part) on specified redemption dates on or after November 29, 2027 at a redemption price equal to 100% of principal plus accrued interest. The offering size is $7,623,000 at an initial price to public of 100%; underwriting discount is 1.633% and estimated proceeds before expenses to the issuer are $7,498,516.41. The notes will be issued in book-entry form through DTC and are a new issue with no established trading market.

GS Finance Corp. is offering callable, non-interest-bearing notes linked to the common stock of Zscaler, Inc. Each note has a $1,000 face amount and may be automatically called on the call observation date if the index stock closing price is >= the initial index stock price of $126.41, in which case holders would receive $1,416 per $1,000 on the call payment date. If not called, payment at the stated maturity depends on the final index stock price on the determination date: holders receive at least $1,000 if the final price is no lower than 60% of the initial price, a capped upside equal to the greater of $1,832 or the principal plus the indexed return if the final price is >= the initial price, and may lose more than 40% of principal if the final price falls below the 60% trigger.

GS Finance Corp. offers $6,000,000 aggregate face amount of Capped Buffer GEARS linked to the Russell 2000® Index due July 30, 2027, guaranteed by The Goldman Sachs Group, Inc. The securities provide upside exposure with 1.25 gearing capped at a 17% maximum return and a 10.00% downside buffer; principal is contingently repayable at maturity and payments depend on the issuer's and guarantor's creditworthiness.

The initial index level is 2,920.540; the maximum settlement amount is $11.70 per $10 face amount. The trade date is May 27, 2026, original issue date May 29, 2026, determination date July 27, 2027 (subject to postponement). The estimated value on the trade date was approximately $9.73 per $10 face amount.

GS Finance Corp. launches principal-at-risk notes linked to the State Street SPDR S&P Bank ETF (KBE) and the VanEck Semiconductor ETF (SMH) with an initial aggregate face amount of $6,193,000 and an original issue price of 100%. The notes mature on March 6, 2029 unless automatically called on specified observation dates beginning November 2026. Monthly coupons of $8.75 per $1,000 (0.875% monthly; up to 10.5% per annum) are paid only if the closing level of each ETF on a coupon observation date is at least 75% of its initial level. Notes are automatically called if both ETFs close at or above 95% of initial levels on a call observation date; initial levels are $63.60 (KBE) and $595.50 (SMH). At maturity, if not called, the cash settlement depends on the lesser-performing ETF return with a 25% buffer (buffer level = 75% of initial); losses accrue if the lesser-performing ETF declines below its buffer. The estimated value at term-setting was approximately $947 per $1,000 face amount; underwriting discount is 3.5% (net proceeds 96.5%).

The Goldman Sachs Group, Inc. is offering fixed rate senior notes with a principal amount of $2,000,000. The notes bear interest at 4.90% per annum from the original issue date May 29, 2026 and mature on May 27, 2033

Interest is payable semiannually on the 29th of May and November beginning November 29, 2026. The original issue price is 100% of principal with an underwriting discount of 1.2%, producing net proceeds to the issuer of 98.8% of principal. The notes will be issued in book-entry form through DTC, will not be listed, are not bank deposits and are not FDIC insured.

GS Finance Corp. is offering structured notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The notes have an expected trade date of May 29, 2026 and an expected original issue date of June 3, 2026, with an expected stated maturity of June 3, 2031 unless automatically called. Monthly coupon observation dates are expected to be the 29th of each month from June 2026 through May 2031. A coupon is payable for each $1,000 face amount only if the index's closing level on the observation date is at least 62.5% of the initial underlier level; otherwise no coupon is paid. The notes are subject to automatic redemption if the index on any call observation date is greater than or equal to the initial underlier level, in which case holders receive the face amount plus any coupon then due. The index applies leverage (up to 500%), a cap on daily leverage change (100%), calendar- and signal-based adjustments, and a fixed daily decrement of 6.0% per annum. The estimated value at pricing is stated as between $885 and $935 per $1,000 face amount. These notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and expose holders to issuer and guarantor credit risk and the substantial structural risks of the underlier, including possible total loss of principal.

GS Finance Corp. is offering $1,000-denominated Leveraged Buffered S&P 500® Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return a cash amount at maturity tied to the S&P 500 performance from the trade date to the determination date, subject to a 10% buffer, a 150% upside participation rate and a capped maximum settlement amount of $1,247.50 per $1,000 face amount. Trade date is May 29, 2026, original issue date June 3, 2026, determination date May 30, 2028 and stated maturity June 2, 2028. The notes expose investors to issuer and guarantor credit risk, limited upside due to the cap, potential principal loss if the final index level falls below the 90% buffer level, and uncertain U.S. federal tax treatment.

GS Finance Corp. is offering autocallable contingent coupon notes due June 4, 2032 guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent monthly coupon of $17.959 per $1,000 (1.7959% monthly, ~21.55% per annum potential) only if each underlier meets its 75% coupon trigger on the related observation date. The notes reference three underliers: the Nasdaq-100 Technology Sector Index, the Russell 2000® Index and the VanEck Semiconductor ETF (SMH).

If on any call observation date every underlier is at or above its initial level, the notes are automatically called at $1,000 per $1,000 face amount plus any coupon then due. If not called, the cash settlement at maturity is based solely on the lesser performing underlier: if that underlier is below its 60% trigger buffer level, holders suffer losses proportional to that underlier's decline (down to 0% of face); if it is at or above certain thresholds, the cash settlement may be limited to 100% of face. The return does not track the SMH underlying index but the ETF itself. The notes are subject to issuer and guarantor credit risk, limited secondary market liquidity, tax uncertainties (including Section 1260), and pricing that exceeds estimated model value at issuance.

GS Finance Corp. offers $1,000-face 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, the Nasdaq-100 and the Russell 2000, pay a contingent monthly coupon of $6.667 per $1,000 when each underlier meets a 70% trigger, and are automatically called if each underlier equals or exceeds its initial level on any call observation date. If not called, the maturity payout is based solely on the lesser performing underlier and can be as low as 17.000% of face, meaning investors could lose their entire investment.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering callable Contingent Coupon Index‑Linked Notes due 2029 tied to the Russell 2000® and the S&P 500®. The notes pay a contingent quarterly coupon of at least 2.1875% per quarter (up to 8.75% per annum) only if each underlier is at or above its coupon trigger level on the coupon observation date (each trigger = 70% of the initial level).

The notes may be redeemed by the issuer on any coupon payment date beginning in December 2026. At maturity the cash settlement for each $1,000 face amount will be either $1,000 or $1,000 plus $1,000 times the lesser performing underlier return, meaning investors can lose up to their entire investment if the lesser performing underlier falls below its trigger buffer level (also 70% of initial).

GS Finance Corp. offers $1,000-face Autocallable Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Nasdaq-100 and S&P 500 indices, carry a 200% upside participation rate, a trigger buffer level of 80%, and will be automatically called on the call payment date if each underlier is at or above its initial level, in which case holders receive at least $1,150 per $1,000 face amount.

If not called, maturity payoff depends solely on the lesser performing underlier on the determination date; a final underlier level below 80% results in a proportional principal loss, potentially causing total loss of principal. The notes do not pay interest and are subject to issuer and guarantor credit risk, secondary market illiquidity, tax uncertainty, and model/pricing differences described in the pricing supplement.

GS Finance Corp. offers callable, 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 indices and pay a contingent monthly coupon of $10.584 per $1,000 if each underlier meets a 70% coupon trigger on an observation date. If not redeemed, maturity cash is based solely on the lesser performing underlier return, which can result in a total loss of principal.

Trade date is May 28, 2026, original issue date June 1, 2026, and stated maturity date June 1, 2029. The issuer may redeem on specified coupon payment dates beginning in August 2026.

GS Finance Corp. is offering S&P 500 Daily Risk Control 5% USD Excess Return index‑linked notes, expected to trade on June 29, 2026 with an original issue date of July 2, 2026 and a stated maturity expected to be July 5, 2029. For each $1,000 face amount, the cash payment at maturity depends on the index return and an upside participation rate of at least 175%; if the index is negative, the payment uses the absolute index decline but is capped at a maximum downside settlement amount of $2,000 per $1,000. The notes do not pay interest, are unsecured obligations of GS Finance Corp. guaranteed by The Goldman Sachs Group, Inc., and carry issuer and market risks, including limited historical data following the switch from LIBOR to SOFR plus 0.02963%. The estimated value at term‑setting is expected to be between $925 and $965 per $1,000 face amount.

GS Finance Corp. is offering Autocallable Goldman Sachs Momentum Builder® Focus ER Index-Linked Notes due June 8, 2033, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, participate 100% in upside of the GSMBFC5 Index, and are automatically called on semi-annual observation dates if the index closes at or above 101.15% of the initial index level. If called, holders receive $1,000 plus a call premium (first call premium 8.00%, rising on scheduled dates through December 10, 2032 to 52.00%). If not called, maturity payoff equals $1,000 plus any upside (100% participation) if the final index level exceeds the initial level; otherwise holders receive the face amount only. The index rebalances daily across up to nine underlying indices plus cash, applies a 5% realized volatility control, and deducts 0.65% per annum (accruing daily). Estimated trade-date value is $850 to $880 per $1,000, which is less than the original issue price. The prospectus highlights credit risk of the issuer/guarantor, limited liquidity, potential high allocation to hypothetical cash positions, complex rebalancing/hedging features, and special U.S. tax treatment as a contingent payment debt instrument.

GS Finance Corp. is offering autocallable contingent coupon equity-linked notes due June 1, 2029, guaranteed by The Goldman Sachs Group, Inc. The notes reference the common stock of NVIDIA Corporation (NVDA) and pay a contingent quarterly coupon of $35 per $1,000 when the underlier closes at or above 60% of the initial underlier level on each coupon observation date. The notes will be automatically called if the underlier closes at or above the initial underlier level on any call observation date. At maturity, if not called, repayment depends on the final underlier level: holders receive $1,000 if the final level is at or above 60%, but may lose most or all principal if the final level is below that buffer (examples show cash settlement down to 15.000% of face amount).

The trade date is May 29, 2026, original issue date June 3, 2026, and determination date is May 29, 2029. The issue price is 100% of face amount, underwriting discount 2%, net proceeds to issuer 98%. The notes are subject to the issuer and guarantor credit risk, limited upside at maturity, market‑value volatility, uncertain U.S. federal tax treatment, and may have limited liquidity.

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 CrowdStrike Holdings, Inc. Each security has a $1,000 principal amount and may pay a contingent quarterly coupon (at least $36.25 per $1,000 on the pricing date) only if the underlying stock closes at or above a downside threshold equal to 50.00% of the initial share price. The securities may be automatically called if the underlying stock closes at or above the initial share price on any call observation date, pay at maturity based on the final share price (full principal if the final share price is at or above the downside threshold; otherwise reduced 1:1 to share performance), and mature on June 8, 2029. Estimated value range is $915 to $975 per security; original issue price equals principal amount less an underwriting discount of 2.25%. The offering involves credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., potential loss of principal, limited upside (no participation in stock appreciation), and uncertain U.S. federal tax treatment.

GS Finance Corp. offers Digital S&P 500® Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc., with cash settlement at maturity tied to the S&P 500 performance from the trade date to the determination date. For each $1,000 face amount, investors receive a capped maximum settlement amount of at least $1,155 if the final index level is greater than or equal to the trigger buffer level (80% of the initial level). If the final index level is below that trigger, the cash payoff equals $1,000 plus $1,000 times the underlier return, exposing holders to losses equal to the percentage decline of the index (you could lose your entire investment). The notes pay no interest, have key dates set on the trade date (trade date June 29, 2026, original issue date July 2, 2026, determination date June 29, 2028, stated maturity July 5, 2028), and are subject to the issuer and guarantor credit risk and limited secondary-market liquidity.

GS Finance Corp. is offering $1,000 face‑amount autocallable contingent coupon index‑linked notes due December 10, 2027, guaranteed by The Goldman Sachs Group, Inc.. The notes pay a contingent monthly coupon of $7.709 per $1,000 (0.7709% monthly, ~9.25% per annum potential) when each underlier is ≥ 70% of its initial level on the coupon observation date. The underliers are the Dow Jones Industrial Average, Nasdaq‑100 and Russell 2000. The notes will be automatically called on a call payment date if each underlier’s closing level is ≥ its initial level on the related call observation date. If not called, maturity settlement depends solely on the lesser performing underlier; holders may lose up to their entire investment. Trade date: June 3, 2026; original issue date: June 8, 2026; determination date: December 3, 2027.

The offering term sheet describes Autocallable Leveraged Index Return Notes4 (150% participation) issued by GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc. with a ~two-year term if not automatically called. The notes reference the VanEck Semiconductor ETF (SMH), have a Threshold Value of 70.00% of the Starting Value, and an estimated value at pricing of $9.25 to $9.55 per $10 principal amount.

If the Observation Value on the Call Observation Date meets or exceeds 100.00% of the Starting Value the notes will be automatically called for a Call Payment fixed on pricing (Call Payment shown at $12.20 to $12.60 per unit as an illustrative range). If not called, holders receive leveraged upside at a 150.00% Participation Rate, an absolute-value limited positive return for declines down to the Threshold Value, and 1-to-1 downside below the Threshold Value (up to full principal loss). Payments are subject to issuer and guarantor credit risk and limited secondary-market liquidity.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) offers five-year, non‑interest notes linked to four stocks: Meta Platforms (Class A), Broadcom, Tesla and a TSMC ADS (5:1 ADS ratio). Trade date is expected to be June 5, 2026, original issue date June 10, 2026 and stated maturity June 12, 2031.

The notes have an automatic call feature beginning with a call observation date on June 7, 2027: if the closing price of each index stock is >= 85% of its initial price on a call observation date, the notes will be redeemed and pay the face amount plus a call premium (call premium amounts increase over time). At maturity, if not called, holders receive either $1,000 or $1,000 plus the product of $1,000 times the lesser performing index stock return (100% upside participation) depending on whether all index stocks finish above their initial prices. The prospectus states an estimated value at pricing of $885 to $925 per $1,000 face amount.

GS Finance Corp. offers trigger autocallable contingent yield notes linked to NVIDIA Corporation stock, guaranteed by The Goldman Sachs Group, Inc. The notes pay a monthly $0.15334 contingent coupon per $10 face amount (up to ~18.40% per annum) only if the index stock closes at or above a 70.00% barrier. Strike date was May 27, 2026, trade date May 28, 2026, with an initial underlying index stock price of $212.60. Notes may be automatically called monthly beginning August 2026 if the stock closes at or above the initial price; at maturity (June 2, 2028) principal repayment is contingent on the final stock price relative to the 70% downside threshold and is subject to issuer and guarantor credit risk.

GS Finance Corp. is offering callable Nasdaq-100 Index®-linked notes guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and an expected trade date of June 29, 2026, original issue date of July 2, 2026 and a stated maturity expected to be July 2, 2031. The notes pay no interest and will pay at maturity either (i) $1,000 plus participation equal to 100% of the underlier return if the final underlier level exceeds the initial underlier level, or (ii) $1,000 if the underlier return is zero or negative. The issuer may redeem the notes on monthly call payment dates beginning in July 2027 at 100% plus a call premium amount set on the trade date. The estimated model value at issuance is between $885 and $935 per $1,000 face amount. Holders bear the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., potential early redemption risk, and the risk that the notes’ issue price exceeds estimated value.

GS Finance Corp. is offering Digital S&P 500® Index-Linked Notes due July 6, 2028, guaranteed by The Goldman Sachs Group, Inc. For each $1,000 face amount, the cash payment at maturity is tied to the S&P 500® performance from the trade date to the determination date. If the final index level is at or above the trigger buffer level (85%) you receive the maximum settlement amount (at least $1,194 per $1,000). If the final index level is below 85% of the initial level, you lose 1% of principal for each 1% decline and could lose your entire investment. The notes pay no interest, are subject to issuer and guarantor credit risk, limited secondary liquidity, potential tax uncertainty, and a capped upside.

GS Finance Corp. is offering $Callable Contingent Coupon Index‑Linked Notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent quarterly coupon of at least $20.625 per $1,000 face amount (2.0625% quarterly; up to 8.25% per annum) when both underliers meet their coupon trigger levels. The underliers are the Russell 2000® Index and the S&P 500® Index, with coupon trigger and trigger buffer levels set at 55% of each initial underlier level. The issuer may redeem the notes on each coupon payment date commencing December 2026. At maturity (stated maturity June 17, 2031), the cash settlement per $1,000 depends on the lesser performing underlier; investors could lose their entire investment if that underlier declines sufficiently.

GS Finance Corp. priced autocallable index-linked notes due June 4, 2032. The notes are linked to the Goldman Sachs Momentum Builder® Focus ER Index (Bloomberg: "GSMBFC5 Index") and are subject to the credit of GS Finance Corp. and a guarantee by The Goldman Sachs Group, Inc. The notes pay no periodic interest and may be automatically called on specified semi-annual observation dates; if called, holders receive $1,000 plus a call premium that ranges from 10.00% on the first call to 55.00% on the last listed call. If not called, maturity cash is linked to index performance and is capped by a 60% maturity premium. The dealer-estimated value on the trade date is $885 to $935 per $1,000 face amount, below the face amount.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal‑protected structured notes linked to three underliers with a stated maturity of June 4, 2029. Each $1,000 note may pay a monthly coupon of $11.917 if, on an observation date, the closing level of each underlier is at least 70% of its initial level. If not redeemed early, the maturity cash payment depends solely on the lesser performing underlier: full principal is preserved if that underlier finishes at or above 50% of its initial level; below 50% the holder suffers a proportional loss. The notes are unsecured obligations and subject to issuer and guarantor credit risk. The estimated value at pricing is $925–$955 per $1,000 face amount.

GS Finance Corp. priced two separate buffered index-linked notes guaranteed by The Goldman Sachs Group, Inc. The offerings total $1,588,000 (EURO STOXX 50®) and $4,644,000 (S&P 500® Futures Excess Return), issued May 29, 2026 with stated maturities in May 2031.

Each note pays no interest and delivers a cash settlement per $1,000 face amount based on the applicable index return on the determination date, subject to an upside participation rate (144% for SX5E; 170% for SPXFP) and a downside buffer (25% or 20%). The pricing supplement shows estimated values per $1,000 of $942 and $929 and an underwriting concession of up to 4.125% of face amount; investors remain exposed to issuer/guarantor credit risk and market, tax and liquidity risks.