Goldman Sachs Group Inc. 424B Filings

Goldman Sachs Group Inc. (GS), through GS Finance Corp., is offering autocallable notes linked to the S&P 500 Futures Excess Return Index under its Medium-Term Notes, Series F program, fully and unconditionally guaranteed by Goldman Sachs. The notes run from a trade date of September 1, 2026 to a stated maturity of September 5, 2031, unless automatically called.

The notes pay no interest. On the call observation date of September 8, 2027, if the index is at or above its initial level, the notes are automatically called and investors receive 116.75% of face value ($1,167.50 per $1,000), capping upside and ending the investment early. If not called, at maturity investors receive: full principal plus 175% of any positive index return; principal protection only down to a 10% buffer (index at or above 90% of initial); and below the buffer, losses matching index declines beyond 10%, with examples showing payments as low as 10% of face amount in severe declines.

The underlier tracks E-mini S&P 500 futures, not the cash S&P 500 Index, and its level can be adversely affected by financing costs and negative roll yields. The estimated value on the trade date is disclosed as being less than the 100% issue price, there is no exchange listing, and secondary market prices, if any, may be significantly below face value. Payments depend on the credit of GS Finance Corp. and the Goldman Sachs guarantee.

Goldman Sachs Group, Inc. (GS), via GS Finance Corp., is offering autocallable S&P 500 Futures Excess Return Index-linked notes due 2031 under its Medium-Term Notes, Series F program. The notes are linked to the S&P 500 Futures Excess Return Index, which tracks E-mini S&P 500 futures, not the S&P 500 Index itself.

The notes pay no interest. After one year, they are automatically called if the index is at or above the initial level, returning $1,155 per $1,000 face amount. If not called, at maturity investors receive 200% of positive index performance, full principal back if the index finish is between 80% and 100% of the initial level, and losses matching index declines below an effective 20% buffer. A 60% index decline would result in a 40% payout of face value.

The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and the Goldman Sachs guarantee. The estimated value at pricing will be lower than the 100% issue price, secondary market liquidity is uncertain, and pricing is sensitive to interest rates, volatility, and credit spreads. Additional risks arise from futures-based exposure, including potential negative roll yields and complex, uncertain U.S. tax treatment as a pre-paid derivative contract.

The Goldman Sachs Group, Inc. (GS), via issuer GS Finance Corp., is offering $2,182,000 aggregate face amount of Callable 10-Year CMT Rate-Linked Range Accrual Notes due August 18, 2031, fully and unconditionally guaranteed by Goldman Sachs. The notes are issued at 100% of face amount, with an underwriting discount of 0.8% and net proceeds of 99.2% of face amount, and will be sold in $1,000 denominations.

Monthly interest (30/360 ISDA) depends on how often the 10-year CMT rate is at or below 5.25% in each period, multiplied by an 8.00% interest factor; if the rate is above 5.25% on every reference date in a period, no interest is paid for that month. The notes are callable at the issuer’s option at par plus accrued interest on any monthly interest payment date on or after August 18, 2027. Estimated value at pricing is about $966.8 per $1,000, below issue price, and payments are subject to the credit risk of GS Finance Corp. and Goldman Sachs.

Goldman Sachs Group Inc. (GS), via GS Finance Corp., is offering contingent variable coupon notes linked to the SPDR® Gold Trust ETF (GLD), maturing on August 22, 2028 and guaranteed by Goldman Sachs Group Inc. The notes pay a quarterly coupon of up to $10 per $1,000, scaled to the fraction of trading days in each observation period when GLD closes within 90%–110% of the initial level of $405.49; if GLD is outside this range on all reference dates in a period, no coupon is paid.

At maturity, investors receive cash based on GLD performance from August 17, 2026 to August 17, 2028. Above 110% of the initial level, the notes participate at 110% of the ETF’s gain over 10%, but are capped at a maximum settlement amount of $1,475 per $1,000. Between 90% and 110%, principal is returned. Below 90%, principal is reduced at a buffer rate of about 111.11% of losses beyond the 10% buffer, and investors could lose their entire investment. The estimated value on the trade date is expected to be $925–$955 per $1,000, below the issue price, and payments are subject to the credit risk of GS Finance Corp. and the guarantor.

GOLDMAN SACHS GROUP INC (GS), through GS Finance Corp, is offering autocallable contingent coupon notes due August 31, 2029, linked to the Russell 2000 Index, S&P 500 Index and VanEck Gold Miners ETF. Each $1,000 note can pay a $11.167 monthly coupon (1.1167% monthly, up to about 13.40% per year) only if on each observation date all three underliers are at or above 60% of their initial levels; otherwise the coupon is zero.

The notes are automatically called at par plus the due coupon if on any call observation date all underliers are at or above their initial levels, which may shorten the investment term. If not called, principal repayment at maturity depends solely on the lesser performing underlier: if its final level is at least 50% of its initial level, investors receive $1,000; if it falls below 50%, repayment equals $1,000 plus $1,000 times that underlier’s return, so losses can reach 100% of invested principal.

The notes are unsecured obligations of GS Finance Corp, fully and unconditionally guaranteed by Goldman Sachs, subject to their credit risk. The estimated value on the trade date is lower than the issue price, secondary market liquidity is uncertain, the notes are not listed, and the U.S. tax treatment is complex and uncertain.

Goldman Sachs Group Inc. (GS), via GS Finance Corp., is offering unsecured, index-linked notes maturing on February 22, 2030, tied to the S&P 500 Index, VanEck Gold Miners ETF and iShares Silver Trust. The notes may be redeemed early at the issuer’s option at 100% of face amount plus any due coupon on quarterly dates from February 2027 through November 2029.

The notes pay a contingent coupon of $37 per $1,000 (3.7% quarterly, up to 14.8% per year) only if on each observation date all three underliers are at or above 50% of their initial levels; otherwise no coupon is paid. At maturity, if the lesser-performing underlier is at or above 50% of its initial level, investors receive $1,000 plus the final coupon. If any underlier is below 50%, repayment is reduced one-for-one with the loss on the worst underlier, potentially down to 0% of face amount and with no final coupon. The estimated initial value is $925–$955 per $1,000, below issue price, and all payments are subject to the credit risk of GS Finance Corp. and the Goldman Sachs Group, Inc.

The Goldman Sachs Group, Inc. (GS), through issuer GS Finance Corp and a guarantee from The Goldman Sachs Group, Inc., is offering callable 10-Year CMT rate-linked range accrual notes due August 18, 2031 with an aggregate face amount of $2,182,000 on the original issue date.

Monthly interest from September 18, 2026 to maturity depends on how many scheduled U.S. government securities business days in each interest period the 10-year CMT rate is at or below 5.25%, multiplied by an 8.00% interest factor, using a 30/360 (ISDA) day count convention. If the 10-year CMT rate exceeds 5.25% on every reference date in an interest period, no interest is paid for that month. GS Finance Corp may redeem the notes, in whole, at 100% of face amount plus accrued interest on any monthly interest payment date on or after August 18, 2027.

The estimated value of the notes on the trade date is approximately $966.8 per $1,000 face amount, below the 100% issue price, reflecting underwriting discounts of 0.8% and structuring and hedging costs; net proceeds to the issuer are 99.2% of face. Payments are unsecured and subject to the credit risk of GS Finance Corp as issuer and The Goldman Sachs Group, Inc. as guarantor, and are expected to be treated as payments on a variable rate debt instrument for U.S. federal income tax purposes.

GOLDMAN SACHS GROUP INC (GS), via GS Finance Corp, is offering autocallable buffered notes linked to the VanEck Gold Miners ETF (GDX). The notes pay no interest and are scheduled to mature on August 24, 2028, unless automatically called on a call observation date expected to be September 3, 2027.

For each $1,000 face amount, if GDX is at or above the initial level on the call observation date, the notes are redeemed early for at least $1,211.5. If not called, at maturity investors receive: the greater of $1,423 or $1,000 plus 100% of any positive ETF return; $1,000 if GDX is down up to 25%; or a buffered loss if GDX is down more than 25%, losing about 1.3333% of principal for each 1% drop beyond that threshold, potentially to zero.

The notes are unsecured obligations of GS Finance Corp, guaranteed by The Goldman Sachs Group, Inc., and carry issuer and guarantor credit risk. The initial estimated value is $900–$930 per $1,000, below the issue price, and secondary market prices will depend on GS’s models, market factors and spreads.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering Buffered Equity-Linked Notes due 2027 linked to the common stock of Vistra Corp. The notes are part of the Medium-Term Notes, Series F program and are unsecured obligations subject to the credit risk of the issuer and guarantor.

For each $1,000 note at maturity, investors receive: if the final Vistra share level is above the initial level, a positive return equal to the share return, capped at a maximum settlement amount of $1,337.50; if the final level is between the initial level and the 75% buffer level, repayment of the $1,000 face amount; and if the final level is below the 75% buffer, a loss of 1% of principal for every 1% decline below the buffer, potentially down to 25% of face in extreme scenarios. The notes pay no interest and are not listed on any exchange.

Key dates include trade date August 21, 2026, original issue date August 26, 2026, determination date November 22, 2027 and stated maturity date November 26, 2027. The issuer states the estimated value on the trade date will be less than the issue price, secondary market liquidity is uncertain, tax treatment is uncertain and based on a pre-paid derivative contract characterization, and the notes are subject to FATCA and other U.S. tax rules.

GOLDMAN SACHS GROUP INC (GS), through subsidiary GS Finance Corp, is offering Bear Market-Linked One Look Notes with a Dual Directional Buffer linked to the Nasdaq‑100 Index. The notes are senior unsecured obligations of GS Finance Corp and are fully and unconditionally guaranteed by Goldman Sachs Group Inc.

The offering covers 427,500 units at $10 principal per unit, for aggregate principal of $4,275,000, maturing on November 22, 2027, roughly fifteen months after the August 20, 2026 settlement. Investors receive no periodic interest and all cash flows occur at maturity, subject to the credit risk of both GS Finance Corp and Goldman Sachs Group Inc.

At maturity, if the Nasdaq‑100 ending level is less than or equal to the starting level of 30,084.50, each unit pays the $10 principal plus a digital payment of $1.40, a 14.00% return. If the index rises but stays at or below the 120.00% threshold (36,101.40), the redemption equals $10 plus the index percentage gain, capped at 20.00%. Above that threshold, principal is reduced one‑for‑one with index gains beyond 20.00%, but not below the $2.00 per unit minimum, so a large index rally can still produce an 80% loss of principal.

The notes are primarily intended for a bearish or moderately bullish view on the Nasdaq‑100, involve limited liquidity with no exchange listing, and are issued at a public offering price of $10.00 versus an initial estimated value of $9.73 per $10, reflecting underwriting discounts and structuring costs.

GOLDMAN SACHS GROUP INC (GS), through GS Finance Corp., is offering auto-callable contingent coupon notes linked to the VanEck Junior Gold Miners ETF, iShares Silver Trust and Global X Uranium ETF. The notes pay fixed monthly coupons of $9.75 per $1,000 (0.975% monthly, up to 11.7% per annum) until maturity or automatic call.

The notes may be automatically called if, on any call observation date, each ETF’s closing level is at or above its initial level ($115.89 GDXJ, $58.16 SLV, $45.25 URA). If called, investors receive $1,000 per note plus the coupon.

If not called, at the August 20, 2029 maturity investors receive $1,000 per note plus final coupon if each ETF’s final level is at least 60% of its initial level (the trigger buffer level). If any ETF is below 60%, principal repayment is reduced one-for-one with the worst-performing ETF’s return, potentially down to zero. The aggregate face amount is $740,000. The estimated value is approximately $937 per $1,000 at pricing, versus a 100% issue price, reflecting fees, hedging and structuring costs.

Goldman Sachs Group, Inc. (GS), via GS Finance Corp., is offering unsecured "Trigger GEARS" notes linked to the EURO STOXX 50® Index. The notes are guaranteed by Goldman Sachs and do not pay interest.

At maturity in August 2030, for each $10 face amount: if the final index level is above the initial level, the payoff equals $10 plus the index gain multiplied by an upside gearing expected to be at least 1.873. If the final level is at or below the initial level but at or above 75% of the initial level (the downside threshold), investors receive back the $10 face amount. If the final level is below the downside threshold, repayment equals $10 plus $10 times the index return, creating full downside exposure and the potential loss of the entire investment.

The notes are issued at 100% of face amount, with an initial estimated value between $9.65 and $9.95 per $10, reflecting structuring and distribution costs. Minimum initial purchase is $1,000. Any payment depends on the creditworthiness of GS Finance Corp. and Goldman Sachs; the notes are not bank deposits and are not FDIC insured. Liquidity may be limited, and secondary prices may differ materially from face value.

GOLDMAN SACHS GROUP INC (GS), through GS Finance Corp, is offering S&P 500® Index-linked Medium-Term Notes, Series F, with an aggregate face amount of $1,702,000. The notes are fully and unconditionally guaranteed by Goldman Sachs and are issued at 100% of face amount.

Payment at maturity depends on the S&P 500® performance from the initial underlier level 7,728.20 on August 11, 2026 to the determination date. Investors receive positive or zero return when the index is at or above this level, with returns capped at a maximum upside settlement amount of $1,202.50 per $1,000 note.

The structure includes a 20% buffer: if the index falls by up to 20%, investors earn the same percentage gain as the decline (absolute return). If it falls more than 20%, losses are 1% of face amount per 1% decline below the buffer, potentially substantial. The notes pay no interest, are subject to GS Finance Corp and Goldman Sachs credit risk, may have limited liquidity, and carry uncertain U.S. tax treatment characterized as a pre-paid derivative contract.

Goldman Sachs Group Inc. (GS), through GS Finance Corp., is offering callable contingent coupon index-linked notes due August 17, 2028, referencing the Nasdaq‑100, Russell 2000 and S&P 500 indices. Investors receive a monthly coupon of $10.167 per $1,000 (1.0167% monthly, up to about 12.20% per year) only if on each observation date all three indices are at or above 70% of their initial levels.

If the notes are not redeemed and, on the final determination date, all indices are at or above their 70% trigger buffer levels, investors receive the $1,000 principal per note; if any index is below its trigger buffer, repayment is reduced in proportion to the worst-performing index, potentially to $0. GS Finance Corp. may redeem the notes at par plus any due coupon on any monthly coupon payment date from November 2026 through July 2028. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and its parent guarantor, and the estimated value on the trade date will be lower than the 100% issue price.

Goldman Sachs Group, Inc. (GS), through GS Finance Corp., is offering auto-callable, equity-linked notes with an aggregate face amount of $537,000, referencing Amazon, Alphabet Class A and Microsoft stock. The notes pay no interest and are fully and unconditionally guaranteed by Goldman Sachs Group, Inc.

The notes are automatically called on scheduled quarterly observation dates if each underlier’s closing level is at or above its initial level, paying $1,000 plus a fixed call premium per $1,000 face amount. If not called, the maturity payment depends solely on the lesser performing underlier. If that final level is at or above its initial level, investors receive $1,000 plus 103.95% of $1,000. If it is between 70% and 100% of its initial level, principal is returned. If it falls below 70%, the payoff becomes $1,000 plus $1,000 times the lesser underlier return, exposing investors to up to a 100% loss of principal. Payments are subject to the credit risk of GS Finance Corp. and Goldman Sachs Group, Inc., and the notes will not be listed or bear interest.

GOLDMAN SACHS GROUP INC (GS), via GS Finance Corp., is offering auto-callable Medium-Term Notes, Series F, linked to the Goldman Sachs Momentum Builder® Focus ER Index. The aggregate face amount is $1,330,000, issued at 100% of face, with a 4.3% underwriting discount and 95.7% net proceeds.

The notes may be automatically called annually if the index closes at or above 100.75% of the initial level on a call observation date, paying $1,000 plus a call premium of 9.25% to 55.50% depending on the year. If never called, at maturity in August 2033 investors receive $1,000 plus 100% of index gains, or the $1,000 face amount if the final index level is at or below the initial level.

GS estimates the value at issuance at $895 per $1,000, below the issue price, reflecting fees and hedging costs, including a $62 additional amount amortizing to zero by November 12, 2026. The index uses daily rebalancing, volatility and momentum controls, and a 0.65% per annum deduction, so returns can lag risk assets. For U.S. holders, the notes are treated as contingent payment debt instruments with a comparable yield of 5.33%, requiring taxation on imputed interest over the term.

GOLDMAN SACHS GROUP INC (symbol: GS) is the issuer of record for a Form 424B2 filing submitted to the SEC.

Goldman Sachs Group Inc. (GS), through GS Finance Corp., is issuing $500,000 of autocallable index-linked notes due August 15, 2036, linked to three futures-based excess return indices on the S&P 500, Russell 2000 and Dow Jones Industrial Average. The notes pay no interest and are unsecured obligations guaranteed by Goldman Sachs.

The notes may be automatically called on August 12, 2027 if each index is at least 105% of its initial level, in which case investors receive a fixed $1,220 per $1,000 on August 17, 2027. If not called, the maturity payoff depends on the lesser performing index: if all final levels are above initial, investors receive 5.65 times (565%) the lesser index’s gain plus principal; if any index ends at or below its initial level but all remain at or above 70% of initial, principal is returned. If any index finishes below 70% of initial, repayment is fully exposed to the loss of the worst index and up to the entire principal can be lost.

The original issue price is 100% of face amount, with a 0.25% underwriting discount and 99.75% net proceeds to GS Finance Corp. The estimated value is about $876 per $1,000, reflecting embedded fees and model assumptions. Tax treatment is intended as a pre-paid derivative contract, but future IRS or legislative changes could alter the U.S. federal income tax consequences.

GOLDMAN SACHS GROUP INC (GS), via GS Finance Corp., is offering autocallable S&P 500 Index-linked notes due August 28, 2031 under its Medium-Term Notes, Series F program, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc.

The notes pay no interest and may be automatically called on August 29, 2028 if the S&P 500 closing level on August 24, 2028 is at or above the initial level; in that case investors receive $1,149 per $1,000 face amount. If not called, at maturity investors receive: $1,000 plus 100% upside participation if the index ends above its initial level; full principal back if the final level is between 80% and 100% of the initial level; or a loss beyond a 20% buffer, dollar-for-dollar, if the index finishes below 80%, with a minimum payoff of 20% of face value.

Returns depend entirely on S&P 500 performance and the credit of GS Finance Corp. and Goldman Sachs. The notes are not listed, may have limited liquidity, and the initial estimated value is disclosed as less than the issue price. Tax treatment is uncertain and the notes are intended to be treated as pre-paid derivative contracts for U.S. federal income tax purposes.

Goldman Sachs Group Inc. (GS), as guarantor, supports an offering by GS Finance Corp of leveraged, callable EURO STOXX 50® Index-linked notes maturing on or about September 2, 2031. The notes pay no interest and return principal at maturity, subject to issuer credit risk.

At maturity, if the index is above its initial level, holders receive $1,000 plus 200% of the index’s positive percentage return; if at or below, they receive only the $1,000 face amount. GS Finance Corp may redeem quarterly from September 2027 to May 2031 at $1,000 plus a call premium starting at at least 11% and rising to at least 52.25%.

The estimated value on the trade date is expected between $885 and $915 per $1,000, below the 100% issue price, reflecting fees, hedging and model assumptions. The notes are unsecured obligations of GS Finance Corp, fully and unconditionally guaranteed by Goldman Sachs Group Inc., and are subject to complex tax treatment as contingent payment debt instruments and to potential secondary-market and regulatory risks.

Goldman Sachs Group, Inc. (GS), as guarantor of GS Finance Corp., is offering Nasdaq‑100 Index®‑linked Medium‑Term Notes, Series F with an aggregate face amount of $250,000. Each note has a $1,000 face amount, no periodic interest, and cash settlement at maturity based on index performance.

If the final Nasdaq‑100 level on the determination date is at or above the initial level of 30,084.50, investors receive a capped payoff of $1,150 per note. If the index declines but stays at or above the 80% buffer level (a 20% buffer amount), the notes provide a positive return equal to the absolute index return. Below the buffer, investors lose 1% of face value for every 1% the index falls past the buffer, potentially a substantial loss of principal.

The notes are issued at 100% of face amount, with a 3% underwriting discount and 97% net proceeds to GS Finance Corp. They are unsecured obligations subject to the credit risk of both GS Finance Corp. and Goldman Sachs Group, Inc., are not listed on any exchange, and may have limited or no secondary market liquidity.

GOLDMAN SACHS GROUP INC (GS), via GS Finance Corp, is issuing $2,120,000 aggregate face amount of autocallable notes linked to the iShares Semiconductor ETF (SOXX), due August 18, 2031, with no interest payments and a 3% underwriting discount, for 97% net proceeds to the issuer.

The notes can be automatically called quarterly starting in August 2027 if SOXX’s closing level is at least the initial level of $550.74, paying $1,000 plus a specified call premium per $1,000. If never called, maturity payoff depends on the final ETF level: at or above the initial level pays the maximum settlement of $2,025.04 per $1,000; declines of up to 50% return principal; below the 50% trigger buffer the payoff falls one-for-one with the ETF, and investors can lose their entire investment. The estimated value at pricing is about $986 per $1,000, below issue price, and payments are subject to the credit risk of GS Finance Corp and its guarantor, The Goldman Sachs Group, Inc.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable, no-interest structured notes linked to the common stock of Intuitive Surgical, Inc. The notes have a stated maturity on August 16, 2029 and may be automatically called on August 13, 2027 if the stock’s closing price is at or above the initial index stock price of $401.27, paying $1,216 per $1,000 on August 18, 2027.

If not called, at maturity investors receive: (i) leveraged upside of 125% of the stock’s positive return; (ii) full principal back if the final stock price is down up to 35% (at or above 65% of the initial price); or (iii) a one-for-one loss if the decline exceeds 35%, with the risk of losing the entire investment. The aggregate face amount is $2,236,000, the issue price is 100% of face, the underwriting discount is 3.2%, and net proceeds to the issuer are 96.8% of face. The estimated value on the trade date is about $969 per $1,000, reflecting structuring and distribution costs. Payments are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc. and the notes will not be listed on an exchange.

Goldman Sachs Group Inc. (GS), via GS Finance Corp., is offering autocallable index-linked notes due 2031 under its Medium-Term Notes, Series F program. The notes are linked to the Nasdaq‑100 Index, Russell 2000 Index and S&P 500 Index, and are fully and unconditionally guaranteed by Goldman Sachs Group Inc.

The notes pay no interest and may be automatically called annually if, on a call observation date, the closing level of each index is at or above its initial level. On a call, investors receive for each $1,000 face amount cash equal to $1,000 plus a fixed call premium (rising from 7.75% in 2027 to 31% in 2030). If the notes are never called, the maturity payment per $1,000 is based on the lesser performing index: if that index ends above its initial level, investors receive $1,000 plus 100% of its gain; if any index ends at or below its initial level, investors receive only $1,000.

Key risks disclosed include no periodic interest, potential receipt of only principal at maturity despite index declines, secondary-market value that may be below the original issue price, and exposure to the credit risk of both GS Finance Corp. and Goldman Sachs Group Inc. For U.S. tax purposes, the notes are treated as contingent payment debt instruments, requiring annual income accrual based on a comparable yield even though no cash is paid until call or maturity.

Goldman Sachs Group Inc. (GS), via GS Finance Corp., is offering equity-linked notes tied to an equally weighted basket of 9 large-cap tech-related stocks (Alphabet, ASML, Meta, Microsoft, NVIDIA, Oracle, Palantir, ServiceNow and Tesla). The initial basket level is 100, with each stock weighted at approximately 11.111%.

The notes trade on an original issue price of 100% of face, with a face amount of $300,000 in aggregate on the issue date (may be increased). They mature on August 16, 2029, but are subject to an automatic call beginning in August 2027 if the basket level on a call observation date is at least the initial level; in that case investors receive $1,000 per note plus the then-due coupon.

On monthly observation dates, if the basket is at least 75% of the initial level, holders receive a coupon of $7.875 per $1,000 (0.7875% monthly, up to 9.45% per annum); otherwise the coupon is zero. At maturity, if not called, principal repayment depends on the final basket level: full principal back if the basket is at least 85% of the initial level, partial principal loss between 75% and 85%, and larger losses (with no coupon) if the basket falls below 75%. The notes are unsecured obligations of GS Finance Corp. guaranteed by Goldman Sachs Group Inc., carry full issuer and guarantor credit risk, and have an estimated initial value of about $935 per $1,000, below the issue price.

GOLDMAN SACHS GROUP INC (symbol: GS) is the issuer of record for a Form 424B2 filing submitted to the SEC.

GOLDMAN SACHS GROUP INC (symbol: GS) is the issuer of record for a Form 424B2 filing submitted to the SEC.

Goldman Sachs Group Inc. (GS), via its subsidiary GS Finance Corp., is offering Digital Equity-Linked Notes due 2028 under its Medium-Term Notes, Series F program, fully and unconditionally guaranteed by Goldman Sachs Group Inc. The notes are linked to the common stock of a publicly traded company currently quoted as “QCOM UW”.

Each note has a $1,000 face amount, pays no interest and is held to maturity for cash settlement only. If on the February 17, 2028 determination date the stock is at or above the trigger buffer level of 65% of the initial level of $165.79, investors receive a capped maximum settlement amount of $1,334.50 per $1,000 face amount. If the final level is below the trigger buffer level, principal is exposed one-for-one to the stock’s decline from the initial level, down to total loss.

The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and the Goldman Sachs guarantee. There is no listing, market-making is discretionary, and the initial estimated value is disclosed as being less than the original issue price. Tax treatment is uncertain and expected to follow a pre-paid derivative contract characterization.

GOLDMAN SACHS GROUP INC (GS), through GS Finance Corp., is offering autocallable contingent coupon equity-linked notes due 2029, linked to the common stocks of NVIDIA, Oracle and Palantir Technologies. Each note has a $1,000 face amount and is fully and unconditionally guaranteed by Goldman Sachs.

Investors may receive a monthly coupon of $6.167 per $1,000 (0.6167% monthly, up to ~7.40% p.a.) only if, on the observation date, the closing level of each underlier is at or above 70% of its initial level; otherwise the coupon is zero. Starting August 24, 2027, the notes are automatically called if each underlier is at or above its initial level, returning $1,000 plus the due coupon.

If the notes are never called, payment at maturity in 2029 is $1,000 plus any final coupon, regardless of underlier performance. Goldman Sachs discloses an estimated initial value of $925–$955 per $1,000, below the issue price, reflecting fees and hedging costs. Key risks include the possibility of no coupons at all, limited upside to return of principal, secondary-market and interest-rate sensitivity, credit risk of GS Finance Corp. and Goldman Sachs as guarantor, no exchange listing, and uncertain U.S. tax treatment (variable-rate or contingent payment debt instrument analysis and possible FATCA/section 871(m) implications).

GOLDMAN SACHS GROUP INC (symbol: GS) is the issuer of record for a Form 424B2 filing submitted to the SEC.

Goldman Sachs Group Inc. (GS), through GS Finance Corp. as issuer and Goldman Sachs as guarantor, is offering buffered equity-linked notes due November 26, 2027 under its Medium-Term Notes, Series F program. The notes are linked to the common stock of an underlier company with Bloomberg ticker QCOM UW and provide cash-settled exposure, not ownership of the shares.

Each $1,000 note pays at maturity based on the underlier’s performance from the August 21, 2026 trade date to the November 22, 2027 determination date. If the final underlier level is above the initial level, investors receive $1,000 plus the underlier return, but the payoff is capped at a maximum settlement amount of $1,379. If the final level is between 75% and 100% of the initial level, principal is returned. Below the 75% buffer level, losses match the underlier’s decline beyond the 25% buffer, so investors can lose a substantial portion of principal; for example, a final level at 19% of the initial level would pay 44% of face value.

The notes pay no interest and are subject to the credit risk of GS Finance Corp. and Goldman Sachs. The estimated value on the trade date will be lower than the original issue price due to fees and structuring costs, and secondary market prices may be affected by interest rates, underlier volatility, and perceived credit quality. The offering involves complex U.S. federal income tax treatment, including characterization as a pre-paid derivative contract and potential FATCA implications.

GOLDMAN SACHS GROUP INC (symbol: GS) is the issuer of record for a Form 424B2 filing submitted to the SEC.

Goldman Sachs Group Inc. (GS), via GS Finance Corp., is offering unsecured, guaranteed structured notes linked to the S&P 500® Futures Volatility Plus Daily Risk Control Index. The notes are expected to price on August 26, 2026, be issued on August 31, 2026, and mature on August 29, 2031, unless automatically called from August 2027 through July 2031 when the index is at or above its initial level.

Monthly coupons are contingent: for each $1,000 face amount, the coupon due on a payment date equals $6.459 (0.6459% monthly, up to ~7.75% per year) times the number of past observation dates, minus coupons already paid, but only if the index is at least 85% of its initial level; otherwise, the coupon is zero. At maturity, if not called, investors receive $1,000 plus any final coupon if the index is at or above 85% of its initial level, or a buffered downside payoff if it is lower: principal is reduced one-for-one beyond a 15% buffer, so large losses are possible.

The underlier provides 100–200% leveraged exposure to S&P 500® futures, making it more volatile than the underlying futures index and increasing both the chance of no coupons and of receiving less than face value, including a substantial loss. The notes are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc. The estimated value on the trade date is expected to be $885–$925 per $1,000 face amount, below the issue price.

GOLDMAN SACHS GROUP INC (symbol: GS) is the issuer of record for a Form 424B2 filing submitted to the SEC.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering Buffered Equity-Linked Notes due 2027 linked to the Class A common stock of The Estee Lauder Companies Inc. The notes are part of Goldman’s Medium-Term Notes, Series F program and are issued at $1,000 face amount per note.

At maturity, investors receive cash based on Estee Lauder’s stock performance. If the final stock level is above the initial level, the payoff increases one-for-one with the stock return but is capped at a maximum settlement amount of $1,235 per note. If the stock falls but stays at or above the 75% buffer level, investors receive the full face amount. Below the buffer, principal is reduced linearly, with losses of 1% for each 1% drop beyond the 25% buffer; a zero stock level would return 25% of face amount.

The notes pay no interest and expose holders to the credit risk of both GS Finance Corp. and The Goldman Sachs Group, Inc. They do not provide dividends or shareholder rights in Estee Lauder, are not listed on an exchange, and their estimated initial value will be less than the issue price due to fees and hedging costs.

GOLDMAN SACHS GROUP INC (symbol: GS) is the issuer of record for a Form 424B2 filing submitted to the SEC.

GOLDMAN SACHS GROUP INC (symbol: GS) is the issuer of record for a Form 424B2 filing submitted to the SEC.

Goldman Sachs Group Inc. (GS), via GS Finance Corp., is offering unsecured, unlisted autocallable buffered return notes linked to three ETFs: State Street Energy Select Sector SPDR ETF (XLE), iShares Expanded Tech-Software Sector ETF (IGV) and SPDR Gold Trust (GLD). The notes pay no interest and mature on an expected stated maturity date of August 26, 2031, unless automatically called.

The notes are automatically redeemed on the expected November 23, 2026 call observation date if each ETF is at least 90% of its initial level, paying $1,175.002 per $1,000 face amount. If held to maturity and all ETFs are above their initial levels, investors receive $1,000 plus 125% of the lesser performer’s gain. If any ETF finishes at or below its initial level but at or above 70%, only $1,000 is returned. Below 70% for any ETF, principal is reduced with a downside “buffer rate” of about 142.86%, and investors can lose their entire investment.

The estimated initial value is between $885 and $925 per $1,000, below the issue price, reflecting dealer compensation, structuring fees and hedging costs. Repayment depends on the credit of GS Finance Corp. as issuer and The Goldman Sachs Group, Inc. as guarantor.

Goldman Sachs Group, Inc. (symbol GS), through issuer GS Finance Corp., is offering leveraged EURO STOXX 50 Index-linked notes due 2029, fully and unconditionally guaranteed by Goldman Sachs Group, Inc. These notes pay no interest and the repayment of principal depends on EURO STOXX 50 performance.

At maturity, for each $1,000 note, if the final index level is above the initial level, investors receive $1,000 plus 200% of the index gain, capped at a maximum settlement amount of $1,462. If the final level is between 85% and 100% of the initial level, investors receive only the $1,000 face amount. If the final level falls below 85% of the initial level, principal is reduced one-for-one with the index loss and investors can lose up to 100% of their investment.

The original issue price is 100% of face amount, with a 2.25% underwriting discount and 97.75% net proceeds to the issuer. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and Goldman Sachs Group, Inc., will not be listed on an exchange, may have limited or no secondary market liquidity, and involve additional risks from foreign equity exposure and uncertain U.S. tax treatment as a pre-paid derivative contract.

GOLDMAN SACHS GROUP INC (symbol: GS) is the issuer of record for a Form 424B2 filing submitted to the SEC.

Goldman Sachs Group Inc. (GS), via GS Finance Corp., is issuing senior unsecured notes linked to three ETFs: State Street Consumer Staples Select Sector SPDR ETF, State Street Utilities Select Sector SPDR ETF and Invesco S&P 500 Low Volatility ETF. The notes mature on August 16, 2029 and are fully and unconditionally guaranteed by Goldman Sachs Group Inc.

Investors may receive a conditional monthly coupon of $6.25 per $1,000 face amount (0.625% monthly, up to 7.5% per year) whenever on an observation date each ETF is at or above 70% of its initial level ($86.00, $44.04 and $76.23, respectively). If any ETF is below 70%, no coupon is paid for that month. GS Finance Corp. can redeem the notes at par plus any due coupon on any payment date from August 2027 through July 2029.

At maturity, if not redeemed, principal repayment depends on the least-performing ETF. If each ETF is at or above 70% of its initial level, holders receive $1,000 plus the final coupon. If any is below 70%, repayment is reduced one-for-one with the worst ETF’s loss, with downside exposure to a complete loss of principal and no final coupon. The initial estimated value is about $968 per $1,000, below the issue price, reflecting fees, hedging and dealer economics, and the notes carry the credit risk of both GS Finance Corp. and Goldman Sachs Group Inc.

Goldman Sachs Group Inc. (GS), via GS Finance Corp., is offering auto-callable, no‑interest structured notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The notes are expected to trade on August 20, 2026, with an original issue date around August 25, 2026 and a stated maturity on August 25, 2032, subject to early automatic redemption.

The notes may be automatically called quarterly starting in August 2027 if the index closing level is at or above its initial level, paying $1,000 plus a call premium of up to 175.375% of face at the latest call date. If never called, and the final index level is at or above the initial level, investors receive a maximum settlement amount of $2,830 per $1,000 (183% maturity premium). If the index falls up to 50%, principal is returned at par; below that buffer, losses are one‑for‑one and investors can lose their entire investment.

The underlier is a highly complex, leveraged (up to 500%) futures‑based index with a 40% volatility target and a 6% per‑annum daily decrement, which drags performance and ensures it will trail an equivalent index without the decrement. The notes’ estimated value at pricing is $885–$925 per $1,000, below issue price, and all payments are subject to the unsecured credit risk of GS Finance Corp. and its guarantor, The Goldman Sachs Group, Inc.

GOLDMAN SACHS GROUP INC (GS), via GS Finance Corp., is offering Autocallable Contingent Coupon Index-Linked Notes due 2030 linked to the Nasdaq‑100, Russell 2000 and S&P 500, under its Medium‑Term Notes, Series F program and guaranteed by Goldman Sachs Group, Inc.

The notes pay a contingent monthly coupon of $7.50 per $1,000 (0.75%, up to 9.00% per year) only if on each observation date every index is at or above 70% of its initial level; otherwise the coupon is zero. Beginning about one year after issuance, the notes are automatically called if all indices are at or above their initial levels, returning principal plus the coupon for that month.

If not called, at maturity investors receive full principal only if every index is at or above 50% of its initial level; otherwise repayment is reduced one‑for‑one with the worst index, down to a possible 100% loss of principal. The notes carry the credit risk of GS Finance Corp. and Goldman Sachs Group, Inc., will not be listed on any exchange, and their estimated value on the trade date will be less than the original issue price.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering unsecured structured notes called Trigger Autocallable GEARS linked to an unequally weighted basket of five equity indices (EURO STOXX 50® 40%, Nikkei 225 25%, FTSE® 100 17.5%, Swiss Market Index 10%, S&P/ASX 200 7.5%). Each security has a $10 face amount, with a minimum purchase of $1,000, and will mature on or about August 29, 2031 unless automatically called.

The notes feature an autocall barrier at 100% of the initial basket level on the call observation date (expected September 3, 2027). If triggered, investors receive $10 plus a 15.00% call return ($11.50 per $10) and the notes terminate. If not called, at maturity investors get enhanced upside: when the final basket level exceeds the initial level, the payoff equals $10 plus the basket return multiplied by upside gearing, expected between 1.50 and 1.70.

Downside protection is only partial and applies solely at maturity. If the final basket level is at or above the 75.00% downside threshold, principal is repaid; below that level, losses match the basket return and investors may lose all of their investment. The notes pay no coupons or dividends, have limited or no liquidity, and all payments depend on the creditworthiness of GS Finance Corp. and The Goldman Sachs Group, Inc. The estimated value on the trade date is expected between $8.85 and $9.25 per $10, versus a 100% issue price, reflecting underwriting discounts and structuring costs.

GOLDMAN SACHS GROUP INC (symbol: GS) is the issuer of record for a Form 424B2 filing submitted to the SEC.

Goldman Sachs Group, Inc. (GS), via GS Finance Corp., is offering Russell 2000® Index-linked Medium-Term Notes, Series F, with an aggregate face amount of $2,566,000. The notes are fully and unconditionally guaranteed by Goldman Sachs.

The notes pay no interest and return depends on Russell 2000® performance from trade date to determination date. For each $1,000 note, if the index finishes at or above the initial level of 3,052.847, holders receive $1,000 plus index return, capped at a maximum upside settlement amount of $1,192.50. If the final level is between 80% and 100% of the initial level (the 20% buffer), investors receive a positive return equal to the absolute index move, up to 20%.

If the index closes below 80% of the initial level, investors lose 1% of face for each 1% decline below the buffer level, up to an 80% loss if the index falls to zero. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and Goldman Sachs, are not listed, may have limited liquidity, and their estimated value at pricing is less than the 100% issue price (2.55% underwriting discount, 97.45% net proceeds). U.S. tax treatment is uncertain; counsel views them as pre-paid derivative contracts.

GOLDMAN SACHS GROUP INC (GS), through GS Finance Corp., is offering equity-linked Medium-Term Notes, Series F, due August 24, 2029, whose payment at maturity depends on the performance of an equity underlier with Bloomberg ticker “QCOM UW.” The notes are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc.

For each $1,000 face amount, investors will receive at maturity: (i) if the final underlier level exceeds the initial level, $1,000 plus $1,000 × the underlier return, capped at a maximum settlement amount of $1,395; or (ii) if the final level is equal to or below the initial level, only the $1,000 face amount. The notes do not bear interest and provide no dividends or shareholder rights in the underlier.

Pricing is set on an August 21, 2026 trade date, with original issue on August 26, 2026 and a determination date of August 21, 2029, each subject to adjustment. GS Finance Corp. discloses that the original issue price will exceed the notes’ model-based estimated value, reflecting underwriting discounts, fees and structuring costs, and that secondary market values may be lower and influenced by many factors, including the creditworthiness of GS Finance Corp. and The Goldman Sachs Group, Inc. For U.S. tax purposes, the notes are expected to be treated as contingent payment debt instruments, requiring accrual of ordinary income over their term based on a comparable yield, even though no cash payments are made before maturity.

GOLDMAN SACHS GROUP INC (symbol: GS) is the issuer of record for a Form 424B2 filing submitted to the SEC.

Goldman Sachs Group Inc. (GS), via GS Finance Corp., is offering $15,244,940 of unsecured Trigger Autocallable GEARS notes linked to the S&P 500® Index, maturing in 2031 and fully guaranteed by Goldman Sachs Group Inc.

The notes have a $10 denomination, initial S&P 500® level of 7,798.99, upside gearing of 1.31x, a 9.00% call return, an autocall barrier at 100% of the initial level, and a downside threshold at 75%. They can be automatically called on August 20, 2027, paying $10 plus $0.90 per $10 if the index is at or above the barrier; otherwise they continue to maturity on August 15, 2031.

At maturity, if not called and the index is above the initial level, investors receive $10 plus 1.31 times the index gain. If the index is between the initial level and the 75% downside threshold, investors receive only the $10 principal. Below the downside threshold, repayment falls one-for-one with the index loss and investors can lose their entire investment. The notes pay no coupons, have an estimated initial value of $9.64 per $10, include a 2.50% underwriting discount, may have limited liquidity, and all payments are subject to the credit risk of GS Finance Corp. and Goldman Sachs Group Inc.