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 15, 2028 (expected) that pay no interest and whose cash payment at maturity is tied to the lesser performing of the Russell 2000® and the S&P 500® measured from the trade date (expected June 11, 2026) to the determination date (expected June 12, 2028). For each $1,000 face amount, investors may receive up to a $1,205 maximum settlement or a minimum of $950, with upside participation of 100% and a cap level of 120.5% of the initial index levels. The estimated value at pricing is stated as between $925 and $965 per $1,000 face amount, which is below the original issue price. The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and are subject to the issuer and guarantor credit risk and various structural and market risks described in this pricing supplement.
GS Finance Corp. is offering Contingent Income Auto-Callable Securities linked to the common stock of Microsoft Corporation, with an expected original issue date of June 2, 2026 and a stated maturity date of December 1, 2028. Each security has a $1,000 principal amount and may pay a contingent quarterly coupon only when the underlying stock's closing price on a coupon observation date is at or above a downside threshold equal to 75.00% of the initial share price. The securities are unsecured notes of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., are subject to automatic early redemption if the underlying stock closes at or above the initial share price on any call observation date, and expose investors to loss of principal on a 1-to-1 basis if the final share price is below the downside threshold. The pricing supplement discloses an estimated value range of $910 to $970 per security and an underwriting discount of 2.25%. The securities do not provide participation in upside beyond $1,000 at maturity and are subject to issuer and guarantor credit risk.
The Goldman Sachs Group, Inc. proposes to issue callable fixed rate notes bearing interest at 5.825% per annum from and including an original issue date expected to be June 15, 2026 to but excluding the stated maturity date expected to be May 25, 2046. Interest is payable annually on each expected interest payment date of June 15, with the first payment expected on June 15, 2027.
The notes will be issued in book-entry form through DTC as a master global note. The issuer may redeem the notes in whole, but not in part, on specified quarterly redemption dates on or after June 15, 2029 (each expected March 15, June 15, September 15, and December 15) at a redemption price equal to 100% of principal plus accrued interest, with at least five business days' prior notice.
GS Finance Corp. priced Buffered Digital S&P 500® Index-Linked Notes due 2027, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity depends on S&P 500 performance from the Trade date: June 9, 2026 to the Determination date: September 9, 2027. If the final underlier level is ≥ the initial level, holders receive the Maximum settlement amount of $1,120 per $1,000 face amount. If the final level is between the initial level and the Buffer level (85%), holders receive the face amount ($1,000). If the final level is below the buffer, losses are pro rata: holders lose 1% of face for each 1% the final level is below the buffer (i.e., substantial principal loss possible). The notes are part of the Medium-Term Notes, Series F program and are book-entry obligations under a senior indenture; pricing and fees are set on the trade date.
GS Finance Corp. is offering Leveraged Buffered S&P 500® Futures Excess Return Index‑Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and returns at maturity are tied to the S&P 500® Futures Excess Return Index performance from Trade Date: May 29, 2026 to the Determination Date: November 29, 2028. The notes pay no interest.
Payments at maturity follow three outcomes: (1) if the final underlier level > initial level, investors receive principal plus 131% upside participation times the underlier return; (2) if the final level declines up to the buffer level (80%), investors receive the face amount; (3) if the final level declines beyond the buffer (more than 20%), investors suffer a proportional loss (1% loss in face amount per 1% decline beyond the buffer). The notes are cash‑settled, subject to issuer and guarantor credit risk, model pricing that typically exceeds estimated value at issuance, and risks specific to futures‑linked underliers including negative roll yield and market disruption adjustments.
GS Finance Corp. priced callable Contingent Coupon Index-Linked Notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Russell 2000® and S&P 500® indices and pay a contingent quarterly coupon of at least $26.25 per $1,000 (2.625% quarterly) if both underliers are at or above 70% of their initial levels on each coupon observation date. The issuer may redeem the notes on coupon payment dates beginning December 2026. At maturity (determination date June 13, 2029; stated maturity June 18, 2029), the cash settlement per $1,000 is either $1,000 or $1,000 plus <$1,000 × lesser performing underlier return>, so holders may lose up to 100% of principal. Trade date is June 12, 2026 and original issue date is June 17, 2026. The notes are not listed and carry issuer/guarantor credit risk.
GS Finance Corp. offers Leveraged Callable Russell 2000® Index‑Linked Notes due 2031 guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, may be redeemed quarterly at issuer option on specified call payment dates, and at maturity will pay for each $1,000 face amount either $1,000 (if the underlier return is zero or negative) or $1,000 plus at least 1.25× the Russell 2000® index return (if positive).
The trade date is expected to be May 29, 2026, the original issue date expected to be June 3, 2026, and the stated maturity is expected to be June 3, 2031. The pricing supplement states an estimated value of the notes on the trade date of $885–$915 per $1,000 face amount and an original issue price of 100% with an underwriting discount of 2.5%.
GS Finance Corp. offers $ Buffered S&P 500® Index-Linked Notes due 2027, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity depends on S&P 500 performance from the June 12, 2026 trade date to the December 13, 2027 determination date. Investors receive the $1,000 face amount if the final index level is within the 10% buffer (buffer level = 90% of the initial level). If the final level exceeds the initial level, upside is paid up to a $1,240 maximum settlement amount. If the final level falls below the buffer level, investors incur a pro rata loss of principal tied to the index decline. The notes are part of GS Finance Corp.'s Medium-Term Notes, Series F program and are sold via Goldman Sachs & Co. LLC with customary underwriting and structuring fees.
The Goldman Sachs Group, Inc. is offering callable fixed rate notes that pay 5.50% interest per annum, expected to be issued on June 9, 2026 and maturing on June 9, 2036. Interest is expected to be paid semiannually on June 9 and December 9, with the first payment expected on December 9, 2026. The notes are callable at the issuer's option in whole (but not in part) on scheduled redemption dates beginning on or after June 9, 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 through DTC and will settle and be delivered in New York on June 9, 2026.
GS Finance Corp. is offering callable contingent coupon index-linked notes due 2031, guaranteed by The Goldman Sachs Group, Inc. Each $1,000 note pays a contingent quarterly coupon of at least $17.50 if both the Russell 2000 and the S&P 500 close at or above 55% of their initial levels on observation dates. If not redeemed early, principal at maturity is tied to the lesser performing underlier: if that underlier is below 55% the final payout may be reduced and could result in a total loss of principal. The issuer may redeem the notes on specified coupon dates beginning December 2026.
GS Finance Corp. is offering $1,000‑face Autocallable Index‑Linked Notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and are automatically called on specified quarterly observation dates if both underliers meet or exceed their initial levels. At maturity the cash payment depends solely on the lesser performing underlier (S&P 500 and EURO STOXX 50), with a 15% buffer and a 52.00% maturity premium cap. The pricing shows an original issue price equal to face amount, a 3% underwriting discount, and net proceeds of 97% of face amount. The notes carry issuer/guarantor credit risk and potential total loss if the lesser performing underlier falls below the buffer level.
GS Finance Corp. is offering Buffered S&P 500® Index-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 S&P 500® index performance from the trade date to the determination date. If the final index level exceeds the initial level, holders receive the underlier return up to a maximum settlement amount (at least $1,178 per $1,000). If the final level falls but remains at or above the buffer level (90% of initial), holders receive the face amount. If the final level falls below the buffer level, losses occur proportionally (1% loss of face for each 1% decline beyond the buffer). Key dates: Trade date June 12, 2026, Original issue date June 17, 2026, Determination date December 13, 2027, Stated maturity date December 16, 2027. The notes do not afford shareholder rights, are subject to issuer and guarantor credit risk, and may trade at prices below issue if sold before maturity.
GS Finance Corp. is offering $1,000 face-amount autocallable index-linked notes due July 10, 2029, guaranteed by The Goldman Sachs Group, Inc.. The notes reference the Goldman Sachs Momentum Builder Focus ER Index and feature an automatic call on the call observation date if the index closes at or above its initial level; the call payment would be $1,107.50 per $1,000 face amount. If not called, maturity payoff depends on index performance with an upside participation rate of 300%. The index is a daily‑rebalanced, momentum-driven index subject to a 0.65% per annum deduction and a realized volatility control of 5%, and it may allocate significant exposure to hypothetical cash positions that earn zero excess return. GS&Co.’s estimated value range on the trade date is $900 to $930 per $1,000 face amount. Key dates include trade date June 30, 2026 and original issue date July 6, 2026. Terms and certain levels are subject to adjustment as described in the supplement.
The Goldman Sachs Group, Inc. is offering $6,150,000 principal of Callable Fixed Rate Notes due May 28, 2032, issued May 28, 2026, with a fixed interest rate of 5.025% per annum payable annually on each May 28. The notes may be redeemed at Goldman Sachs' option in whole (not in part) on each redemption date (each Feb 28, May 28, Aug 28 and Nov 28 on or after May 28, 2027) at a price equal to 100% of principal plus accrued interest, with not less than five business days' prior notice.
The initial offering price is 100% of principal; underwriting discount is 1.604% (equal to $98,646), producing proceeds to Goldman Sachs of 98.396% (equal to $6,051,354) before expenses. The notes will be issued in book-entry form through DTC and are a new, non‑insured, unsecured series of senior debt under the Senior Debt Indenture.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured notes linked to the Nasdaq-100 and S&P 500. The notes pay a contingent monthly coupon of $7.50 per $1,000 (0.75% monthly, up to 9.00% per annum) if each underlier meets its 70% coupon trigger on observation dates. At maturity the cash payment per $1,000 depends on the lesser performing underlier versus a 50% trigger buffer; principal can be fully lost if the lesser performing underlier falls sufficiently. The issuer may redeem the notes on coupon payment dates beginning February 2027.
GS Finance Corp. offers index-linked notes due 2028 guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and, at maturity, will return either the face amount or a cash payment tied to the lesser performing underlier (the Dow Jones Industrial Average or the S&P 500). If both underliers finish above their initial levels, the payment equals the lesser performing underlier return applied to each $1,000 face amount, capped at a maximum settlement amount of $1,140. Key dates include a trade date of June 26, 2026, original issue date July 1, 2026, a determination date of December 27, 2027, and a stated maturity date of December 30, 2027. The notes are subject to issuer and guarantor credit risk, limited upside due to the cap, no shareholder rights in the underlier stocks, potential secondary-market illiquidity, and special U.S. federal tax treatment as contingent payment debt instruments.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured, autocallable notes linked to the common stocks of Microsoft, Tesla, Palantir and Oracle that mature on May 29, 2031. Coupons are monthly and binary: a $7.292 maximum or a $0.209 minimum per $1,000 face amount depending on whether each index stock meets a 75% coupon trigger. Notes will be automatically redeemed if, on any call observation date beginning May 2027, each index stock closes at or above 90% of its initial price; initial prices are disclosed for each stock. The offering lists an aggregate face amount of $740,000, an original issue price of 100%, an underwriting discount of 4.25%, and an estimated trade-date value of approximately $941 per $1,000 face amount.
GS Finance Corp. is offering callable, buffered notes linked to the S&P 500® Futures Excess Return Index maturing May 28, 2031. The notes have a $1,000 face denomination and aggregate face amount of $1,594,000. Trade date is May 22, 2026 and original issue date is May 28, 2026. The notes provide a 200% upside participation rate if the final underlier level is at or above the initial level of 601.21. A 20% buffer protects against losses down to 80% of the initial underlier level; if the final level is below 80% you incur a proportional loss. The issuer may redeem the notes on scheduled call payment dates (first callable June 3, 2027) for cash equal to face plus a specified call premium. The estimated value on the trade date was approximately $963 per $1,000 face amount; the original issue price is 100% and underwriting discount is 0.75%.
GS Finance Corp. is offering index-linked notes due July 6, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes are linked to the S&P 500® and Russell 2000® and pay at maturity based on the lesser performing index return measured from the trade date (expected June 30, 2026) to the determination date (expected June 30, 2028).
Key terms: $1,000 face amount per note; an upside participation rate of at least 108%; a trigger buffer level of 75% of the initial level. If both index returns are ≥0% you receive $1,000 plus participation in the lesser index return; if either index is negative but ≥75% of initial level you receive $1,000 plus the absolute lesser return; if any index falls below 75% you suffer a loss tied to the lesser performing index return. Estimated model value at pricing: $925–$965 per $1,000 face amount.
The Goldman Sachs Group, Inc. is offering callable fixed rate notes due 2031 under its Medium-Term Notes, Series N program. The notes bear interest at $5.20% per annum from and including the original issue date (expected June 16, 2026) to but excluding the stated maturity (expected June 16, 2031). Interest is payable annually on each June 16, with the first payment expected June 16, 2027. The issuer may redeem the notes in whole, at its option, on scheduled redemption dates beginning on or after June 16, 2027 (expected quarterly on each March 16, June 16, September 16 and December 16) at a price equal to 100% of principal plus accrued interest. Settlement is expected in New York on June 16, 2026. The notes will be issued in book-entry form through DTC. Pricing, underwriting discounts, initial price to public and aggregate proceeds are referenced but not specified in the excerpt.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., proposes structured notes linked to an equally weighted basket of seven stocks (each ~14.29%). The notes mature on June 21, 2028 with an automatic-call observation expected on June 28, 2027. If called, holders receive at least $1,213.50 per $1,000 face amount on the call payment date. At maturity the payoff is: if the basket return is positive, $1,000 plus 125% of the basket return; if the final level is between 85% and 100% of the initial level, $1,000; if below 85%, a loss applies using a buffer rate of approximately 117.65%.
The trade date is expected to be June 15, 2026; original issue price is 100% of face amount. The preliminary estimated value on the trade date is between $900 and $930 per $1,000 face amount. Payoff depends on the determination date closing level and is subject to issuer and guarantor credit risk and calculation-agent discretion.
GS Finance Corp. offers Autocallable Goldman Sachs Momentum Builder® Focus ER Index-Linked Notes due June 3, 2033, guaranteed by The Goldman Sachs Group, Inc. The notes pay cash at maturity tied to the GSMBFC5 Index with a 100% upside participation rate, an annual automatic call feature and an index-level deduction of 0.65% per annum. Trade date is May 29, 2026; original issue date is June 3, 2026. Estimated trade-date value is shown as $885 to $935 per $1,000 face amount. If not called, maturity payoff is $1,000 plus participation in positive index return; if index return is zero or negative, repayment equals the face amount. The notes do not pay interest and are subject to issuer and guarantor credit risk, potential allocation to hypothetical cash positions, and limits from the index’s volatility and momentum controls.
GS Finance Corp. offers Autocallable Leveraged Index Return Notes® linked to the VanEck Semiconductor ETF (SMH) with a term of approximately two years if not called and payments guaranteed by The Goldman Sachs Group, Inc.
The notes pay no periodic interest, have a 150.00% participation rate on upside if not called, an absolute-return feature limited to declines no greater than 30.00% (Threshold Value = 70.00% of the Starting Value), and an automatic call if the Market Measure is at or above 100.00% of the Starting Value on the Call Observation Date. The public offering price is $10.00 per unit; the issuer estimates the initial model value at $9.25–$9.55 per $10 principal. All payments are subject to GSFC and GSG credit risk and limited secondary-market liquidity.
GS Finance Corp. is offering autocallable contingent coupon underlier-linked notes due June 1, 2029, fully guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and pays a contingent monthly coupon of $10.292 (1.0292% monthly, up to approximately 12.35% per annum) only if all three underliers meet their 70% coupon trigger levels on each coupon observation date. The notes are automatically called if, on any call observation date, each underlier closes at or above its initial level; if not called, the maturity cash settlement depends on the performance of the lesser performing underlier, with principal fully at risk below the 70% trigger buffer level. Trade date is May 28, 2026 and original issue date is June 2, 2026. The offering links to the Nasdaq-100 Index, the S&P 500 Index and the iShares Russell 2000 ETF (IWM); the note’s return is tied to the ETF’s share performance, not directly to its underlying index.
The Goldman Sachs Group, Inc. is offering fixed-rate notes that pay interest at 4.70% per annum. The notes have a trade date of June 10, 2026, an original issue date of June 12, 2026, and a stated maturity date of June 12, 2031.
The notes will be issued in denominations of $1,000, will be book-entry interests in a master global note, and will not be listed on any exchange. The pricing supplement states the original issue price and underwriting discount will be set on the trade date; the cover shows an original issue price at 100% of principal for some investors but notes variation for certain fee-based advisory accounts.
The Goldman Sachs Group, Inc. is offering callable fixed-rate notes that pay 5.55% per annum, expected to be issued on June 15, 2026 and to mature on June 15, 2038
Interest is expected annually on each June 15 starting June 15, 2027. The issuer may redeem the notes in whole (but not in part) on scheduled quarterly redemption dates on or after June 15, 2028, at 100% of principal plus accrued interest with at least five business days' notice. The offering will be distributed by Goldman Sachs & Co. LLC and InspereX LLC under the Medium-Term Notes, Series N program; pricing details and initial public prices vary by investor class as described in the supplemental plan of distribution.
GS Finance Corp. is offering market-linked, auto-callable securities due June 1, 2029 linked to the lowest performing of Salesforce, Inc. and Alphabet Inc. (Class A). The securities have a face amount of $1,000 per security, an original offering price of $1,000, and an estimated value at pricing between $925 and $955 per $1,000. Investors may receive a quarterly contingent coupon (at least $49.125 per $1,000, equivalent to 19.65% per annum) only if the lowest performing underlying stock on a calculation day is >= 70% of its starting price. The notes are auto-callable on quarterly call dates (Aug 2026–Feb 2029) if the lowest performing underlying stock on a call date is >= its starting price; if called, holders receive face amount plus final contingent coupon and any unpaid coupons. If not called, maturity payment depends solely on the lowest performing underlying stock: if that stock’s ending price on the final calculation day is < 70% of its starting price, holders will suffer a loss 30% to total loss). Payments depend on issuer/guarantor creditworthiness and the securities are unsecured obligations guaranteed by The Goldman Sachs Group, Inc..
The Goldman Sachs Group, Inc. priced callable fixed rate notes that pay interest at 5.70% per annum, with an expected original issue date of June 15, 2026 and an expected stated maturity of May 28, 2041. Interest is payable annually each June 15 (first payment expected June 15, 2027), and the issuer may redeem the notes in whole, not in part, on scheduled quarterly redemption dates beginning on or after December 15, 2028 at a redemption price equal to 100% of principal plus accrued interest.
The notes will be issued in book-entry form as a master global note registered in the name of DTC. The initial price to public and underwriting discounts will vary for certain investor categories; underwriting proceeds and total offering size are not specified in the provided excerpt. The notes are a new issue with no established trading market and will be subject to FATCA withholding rules.
GS Finance Corp. is offering contingent quarterly-coupon, automatically callable notes linked to the common stock of Marvell Technology, Inc. The pricing supplement shows an aggregate face amount of $13,493,000, an original issue price of 100% of face, an underwriting discount of 1%, a trade date of May 22, 2026, and a stated maturity of June 10, 2027. Coupons are paid only if the underlier equals or exceeds a coupon trigger level of 65% of the initial level on observation dates; notes are automatically called if the underlier closes at or above the initial underlier level of $196.33 on any call observation date. If not called, the cash settlement at maturity is based on underlier performance with a buffer level of 65% and a buffer rate of approximately 153.85%, and holders could lose their entire investment if the final underlier level is sufficiently low.
GS Finance Corp. prices contingent monthly-coupon, autocallable notes backed by a Goldman Sachs guarantee with an aggregate face amount of $1,920,000. The notes pay a contingent monthly coupon of $11.542 per $1,000 (1.1542% monthly, up to ~13.85% per annum) when each underlier meets its 70% coupon trigger on observation dates, and may be automatically called if all underliers meet their initial levels on a call observation date. At maturity (May 30, 2029) the cash settlement per $1,000 depends on the lesser performing underlier versus its initial level; if that underlier finishes below its 50% trigger buffer level, investors may lose a substantial portion or all of principal. The offering references three ETF underliers (GDX, QQQ, XLU) and is subject to issuer and guarantor credit risk, model-based pricing that exceeds estimated secondary-market value, limited liquidity, and tax uncertainties.
GS Finance Corp. offers principal-protected contingent notes linked to a 9-stock equally weighted basket, with an aggregate face amount of $6,902,000 on the original issue date. Each $1,000 face amount pays no interest, can be automatically called on June 4, 2027 for $1,200 if the basket closing level ≥ the initial level, and otherwise pays at maturity on May 25, 2028 an amount tied to the basket return with an upside participation rate of 125% and a buffer level of 80% (buffer amount 20%).
The notes carry issuer and guarantor credit risk, an estimated initial value of approximately $948 per $1,000 face amount, an original issue price of 100% and an underwriting discount of 1.5%. Secondary-market liquidity and market-making by GS&Co. are not guaranteed.
GS Finance Corp. is offering 330,000 units of Bear Market-Linked One Look Notes at $10.00 per unit, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes mature on June 8, 2027 and provide a Digital Payment of $2.95 (a 29.50% return) if the S&P 500® Ending Value is less than or equal to 90.00% of the Starting Value. If the Ending Value is between 90.00% and 113.00% of the Starting Value, investors receive principal only. If the Ending Value exceeds 113.00%, holders suffer 1-to-1 negative exposure above that threshold, subject to a Minimum Redemption Amount of $1.30 per unit.
The public offering price is $10.00 per unit (aggregate $3,300,000), the estimated value at pricing was approximately $9.79 per $10, and the underwriting discount is $0.15 per unit. There are no periodic interest payments, limited secondary-market liquidity, and payments at maturity are subject to the credit risk of GSFC and GSG. The minimum initial purchase is $100,000.
GS Finance Corp. is offering callable index-linked notes due May 28, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return either $1,000 at maturity or, if both underliers finish above their initial levels on the determination date, $1,000 plus the lesser performing index return applied at a 100% upside participation rate. The notes reference the Nasdaq-100 Index® and the S&P 500® Index, use an initial underlier level of 29,481.64 (Nasdaq-100) and 7,473.47 (S&P 500), and have a trade date of May 22, 2026. The issuer may redeem the notes on specified monthly call payment dates beginning June 3, 2027, with call premiums shown in the supplement. The estimated value on the trade date was approximately $980 per $1,000 face amount; original issue price is 100% and underwriting discount is 0.75%.
The Autocallable Contingent Coupon Barrier Notes linked to NVIDIA common stock are being issued by GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc. in an initial offering of 735,400 units at $10.00 per unit. The notes pay a quarterly Contingent Coupon Payment of $0.49375 (a 19.75% per annum contingent rate) if the Observation Value on each quarterly Coupon Observation Date is at or above the Coupon Barrier of $161.50 (75% of the Starting Value). The notes are automatically callable if the Observation Value on any Call Observation Date is at or above the Call Value of $215.33 (the Starting Value). If not called, maturity is May 30, 2029, and principal is at risk 1-to-1 if the Ending Value is below the Threshold Value of $161.50. The public offering price is $10.00 per unit, the estimated value at pricing was approximately $9.62 per $10 principal amount, and the minimum initial purchase is $100,000. Payments are subject to issuer and guarantor credit risk and the notes have limited secondary market liquidity.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured notes linked to four stocks with a stated maturity of May 29, 2029. Coupons are monthly and paid only when every index stock meets a 50% trigger on observation dates. Notes are automatically called if every index stock is at or above its initial price on a call observation date (first potential calls begin May 2027). At maturity, if a trigger event (each final price below its initial price) occurs, repayment is tied to the worst‑performing stock and could be significantly less than principal; otherwise principal is returned and a final coupon may be payable. The estimated value at pricing was approximately $935 per $1,000 face amount; original issue price is 100%. The aggregate original face amount was $2,378,000. This offering is subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.
GS Finance Corp. offers principal‑protected‑style callable notes linked to the common stock of Qualcomm Inc., Marvell Technology, and Moderna, maturing May 30, 2029. The notes pay monthly coupons only if each index stock meets a 50% trigger level on monthly observation dates, are subject to automatic call beginning May 2027, and may pay less than the face amount at maturity if a trigger event occurs. The trade date was May 22, 2026, original issue date June 1, 2026, and the estimated value on the trade date was approximately $938 per $1,000 face amount.
GS Finance Corp. is offering contingent monthly coupon notes (aggregate face amount $5,513,000) linked to three underliers: the Nasdaq-100 Technology Sector Index, the Russell 2000® Index and the S&P 500® Index. Coupons equal $10 per $1,000 (1% monthly) only if each underlier meets its 70% coupon trigger on observation dates. The notes mature on April 26, 2028 (determination date April 21, 2028) and may be redeemed at the issuer’s option on coupon payment dates beginning in August 2026. Cash at maturity (per $1,000) pays $1,000 if every final underlier level is at or above its 60% trigger buffer; otherwise the payment equals $1,000 plus the lesser performing underlier return times $1,000. The pricing supplement warns investors they could lose their entire investment and that the original issue price exceeds the notes’ estimated value.
The Goldman Sachs Group, Inc. is offering callable fixed-rate medium-term notes that pay interest at 4.75% per annum from and including the original issue date (expected June 15, 2026) to but excluding the stated maturity date (expected June 15, 2029). Interest is payable each June 15 and December 15, with the first payment expected on December 15, 2026.
The notes are callable in whole, not in part, on each quarterly redemption date on or after June 15, 2027, at 100% of principal plus accrued interest with at least five business days’ notice. The offering will settle through DTC and be delivered against payment expected on June 15, 2026. Pricing, underwriting discounts, and certain investor pricing exceptions are disclosed in the pricing supplement and supplemental plan of distribution.
The issuer GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering principal-protected structured notes linked to three stocks: Amphenol (initial price $132.06), Coherent ($377.57) and Howmet ($256.55). The notes do not bear interest, have an original issue date of May 28, 2026, and a stated maturity of May 28, 2031. They include an automatic call feature on the call observation date (August 24, 2026) if each index stock closes at or above 70% of its initial price, producing a call payment of $1,220.002 per $1,000 face amount. At maturity the payoff depends on the lesser performing stock with a 200% upside participation rate, a 60% buffer threshold and a buffer rate of approximately 166.67%, and investors may lose up to their full investment. The estimated model value at pricing was approximately $983 per $1,000 face amount.
GS Finance Corp. is offering leveraged buffered S&P 500® Futures Excess Return Index‑linked notes due 2028, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and returns at maturity depend on the S&P 500 Futures Excess Return Index performance from the trade date to the determination date. The notes carry an upside participation rate of 113%, a buffer level of 85% (15% buffer amount) and a buffer rate of 100%. If the final underlier level is below the buffer level, investors can lose a substantial portion of principal; if the final underlier level is within the buffer, the absolute underlier loss is paid as a positive return. Trade date is May 29, 2026, original issue date June 3, 2026, determination date November 29, 2028 and stated maturity December 4, 2028.
GS Finance Corp. is offering structured, cash-settled notes with an aggregate face amount of $6,887,000. Each note has a $1,000 face amount, no periodic interest, a trade date of May 22, 2026, and a stated maturity of May 25, 2029 (determination date May 22, 2029), subject to adjustment.
Payments at maturity depend solely on the lesser performing underlier — the Nasdaq-100 Index and the S&P 500 Index. If both final levels exceed their initial levels, the cash payment equals the face amount plus the face amount times the 109.25% upside participation rate times the lesser performing underlier return. If the lesser performing underlier falls below its buffer level of 85%, the payoff declines 1% of face amount for each 1% below the buffer; if the lesser performing underlier finishes between the buffer and initial level, you receive the face amount. The notes are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. and carry an underwriting discount of 1% (net proceeds to issuer 99% of face amount).
GS Finance Corp. priced $21,937,000 of contingent income auto-callable securities due May 25, 2029, guaranteed by The Goldman Sachs Group, Inc. The notes reference the common stock of GE Vernova Inc. (initial share price $1,038.74) and carry principal-at-risk with a 50.00% downside threshold ($519.37).
Coupons are contingent quarterly amounts (formula: $37.125 times observation count less prior coupons) payable only if observation prices meet the threshold. Securities may be auto-called early if the stock closes at or above the initial share price on a call observation date. Estimated model value at pricing was $972 per security; original issue price was 100% of principal with a 2.25 underwriting discount.
GS Finance Corp. is offering Callable 10-Year CMT Rate-Linked Range Accrual Notes due May 28, 2033, guaranteed by The Goldman Sachs Group, Inc. The offering's aggregate original principal was $11,555,000 with an original issue price of 100% and an estimated value of approximately $972.3 per note. Interest will be paid quarterly beginning August 2026; the first four quarterly rates are fixed at 8.30% per annum. Thereafter, quarterly interest is range‑accrual based on the 10-year CMT rate being within the 0.00%–5.25% trigger range on scheduled reference dates; if the rate is outside that range for every reference date in an interest period, no interest will be paid for that period. The issuer may redeem the notes in whole on any quarterly interest payment date on or after May 2027 at 100% of principal plus accrued interest. The notes are unsecured, not FDIC insured, non‑listed, and subject to the credit risk of GS Finance Corp. and its guarantor.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured notes linked to two ETFs — the VanEck Gold Miners ETF and the State Street SPDR S&P Metals & Mining ETF — that mature April 30, 2029, subject to automatic call beginning November 2026. Coupons accrue monthly only if both ETFs meet 50% triggers on monthly observation dates; an automatic call occurs if both ETFs reach 90% on a call observation date. At maturity the cash payment depends on the lesser performing ETF vs. buffer and trigger levels (buffer = 85% of initial level, trigger = 50%), exposing holders to partial or total loss of principal if an ETF falls below 50% of its initial level. The estimated value at pricing was approximately $938 per $1,000 face amount and the original issue price was 100%.
GS Finance Corp. is offering structured notes linked to the common stocks of Advanced Micro Devices, Dell Technologies (Class C) and Intel that mature on May 30, 2029. The notes pay a monthly contingent coupon of $19.584 per $1,000 face amount when each index stock on an observation date is at least 50% of its initial price and are subject to an automatic call feature commencing May 2027. At maturity holders receive the face amount unless a trigger event occurs, in which case payment is based on the lesser performing index stock return and may be substantially less than principal. The prospectus notes an estimated value of approximately $939 per $1,000 face amount on the trade date and discloses underwriting terms including an original issue price of 100% and an underwriting discount of 1.5%.
GS Finance Corp. priced a principal‑protected‑contingent indexed note linked to the MSCI EAFE Index and the EURO STOXX 50® Index. The notes pay at maturity based on the lesser performing underlier: upside participation is 216% if both underliers finish above their initial levels; a 50% trigger buffer preserves principal if declines stay above that level; declines below the trigger result in a pro rata loss. Trade date: May 22, 2026; original issue date: May 28, 2026; stated maturity: May 28, 2031. Aggregate face amount shown: $653,000. Original issue price: 100% of face (underwriting discount 1%). Pricing supplement notes credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.; terms are subject to the accompanying supplements.
GS Finance Corp. is offering indexed, principal-at-risk notes linked to the S&P 500® Index with an aggregate face amount of $3,707,000. The notes pay no interest, mature in May 2028, and return a cash payment at maturity that depends on the underlier performance, subject to a maximum upside settlement amount of $1,205.50 per $1,000 face amount and a buffer level equal to 80% of the initial underlier level. If the final underlier level declines by up to the buffer amount, investors receive the absolute underlier return; declines beyond the buffer produce losses at a buffer rate of 125%, potentially causing total loss of principal. The notes are unsecured obligations of GS Finance Corp. and are fully guaranteed by The Goldman Sachs Group, Inc.; they carry issuer/guarantor credit risk. The original issue price is 100% of face amount, with an underwriting discount of 1.5% (net proceeds 98.5%).
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal-protected, non-interest bearing structured notes linked to an equally weighted 10-stock basket. The notes have an initial basket level of 100, an expected trade date of June 12, 2026, an expected original issue date of June 17, 2026, an expected call observation date of June 21, 2027 (automatic call pays $1,132.50 per $1,000 face amount) and an expected stated maturity of June 15, 2029. At maturity, payouts depend on the final basket level versus the initial level, with an upside participation rate of 125%, a trigger buffer level of 70%, and full downside exposure below that buffer. The offering discloses an estimated value range of $925–$965 per $1,000 face amount (trade-date valuation) and highlights credit risk, limited anti-dilution protection, potential calculation-agent discretion, and illiquidity risks.
GS Finance Corp. offers Trigger Autocallable GEARS due, guaranteed by The Goldman Sachs Group, Inc., linked to the common stock of Microsoft Corporation. The securities have an initial underlying index stock price of $416.03, an autocall barrier at 100.00%, upside gearing 1.435, a downside threshold 75.00% and a call return 19.00%. The notes may be automatically called on the call observation date; principal repayment at maturity is contingent on Microsoft’s closing price on the determination date and on the issuer/guarantor creditworthiness.
GS Finance Corp. priced a $33,487,000 offering of Contingent Income Auto-Callable Securities due May 25, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay a $25 contingent quarterly coupon per $1,000 principal only if each underlying index is at or above a 70.00% downside threshold on coupon observation dates and may be automatically called if each index is at or above its initial index value on a call observation date. At maturity, if not called, payments are tied to the worst-performing of the S&P 500®, Russell 2000® and Nasdaq-100®; investors can lose a significant portion or all principal and will not participate in index appreciation.