Goldman Sachs Group Inc. 424B Filings

GS Finance Corp. prices contingent income auto-callable securities linked to Amazon.com, Inc. (AMZN) stock. Each security has a $1,000 principal amount, an expected pricing date on May 8, 2026, an expected original issue date of May 13, 2026, and a stated maturity date of May 11, 2029.

Holders may receive a contingent quarterly coupon (set at least $26.625 per $1,000 if the underlying closing price is ≥ the downside threshold) but will not participate in upside beyond the capped $1,000 payment. The downside threshold equals 65.00% of the initial share price; if the final share price is below that threshold, payment at maturity equals $1,000 × (final share price / initial share price), potentially resulting in a substantial loss or total loss of principal. Estimated value at pricing is stated as $910 to $970 per security and the underwriting discount is 2.25%.

The Goldman Sachs Group, Inc. is offering $10,000,000 of Callable Fixed Rate Notes due April 16, 2041 that pay interest at 5.55% per annum from the original issue date of April 30, 2026. Interest is payable annually on April 30, beginning April 30, 2027. The issuer may redeem the notes in whole, but not in part, on each scheduled quarterly redemption date on or after October 30, 2028 at a price equal to 100% of principal plus accrued interest, with at least five business days’ notice. The initial public price is 100% of principal; underwriting discount is 2.532% (totaling $253,200) and proceeds before expenses are $9,746,800. Settlement is planned for April 30, 2026.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured notes linked to four index stocks. The notes have an expected trade date of May 13, 2026, an original issue date expected to be May 18, 2026, and a stated maturity date expected to be May 20, 2033.

Each note has a $1,000 face amount and pays monthly coupons only if, on a coupon observation date, the closing price of every index stock is at least 80% of its initial index stock price; notes are automatically called if each index stock is at least 90% of its initial price on a call observation date. The estimated value at pricing is between $885 and $935 per $1,000 face amount.

GS Finance Corp. is offering $15,230,000 aggregate face amount of Trigger Autocallable GEARS linked to the EURO STOXX 50® Index, due April 30, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes feature an automatic call on the call observation date with an autocall barrier at 100.00% of the initial index level and a call return of 18.00%. If not called, upside exposure at maturity is multiplied by an upside gearing of 1.654, while principal is protected only if the final index level is at or above the downside threshold of 75.00% of the initial index level. The trade date is April 28, 2026, original issue date April 30, 2026, call observation date May 5, 2027, and call payment date May 10, 2027. The estimated model value on the trade date was approximately $9.61 per $10 face amount; original issue price is 100.00% with an underwriting discount of 2.50%. These securities are unsecured, carry issuer and guarantor credit risk, may be automatically redeemed in full (not in part), will pay no coupons, and can result in a substantial or total loss of principal.

GS Finance Corp. is offering Buffered Digital EURO STOXX 50 Index-Linked Notes due 2027, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity is tied to the EURO STOXX 50® closing level from the trade date to the determination date.

If the final underlier level is ≥ the buffer level (90% of the initial level) the holder receives the maximum settlement amount of $1,103.90 per $1,000 face amount. If the final level is below the buffer level, losses apply: investors lose approximately 1.1111% of face amount for each 1% the underlier declines below the buffer (buffer rate ≈ 111.11%). Trade date is April 30, 2026, original issue date May 5, 2026, determination date May 13, 2027, and stated maturity date May 18, 2027.

These notes are subordinated to the issuer’s credit risk and are subject to limited upside (cap at the maximum settlement), possible total loss of principal if the underlier falls sufficiently, market illiquidity, tax uncertainty, and no shareholder rights in the underlier stocks.

GS Finance Corp. is offering leveraged, buffered, S&P 500® Futures Excess Return Index‑linked notes due June 3, 2031, guaranteed by The Goldman Sachs Group, Inc. Each $1,000 face‑amount note returns either principal or a cash payment tied to the underlier on the determination date, subject to a 70% buffer level, a 30% buffer amount and an upside participation rate of at least 168%. The notes do not pay interest, are cash‑settled, and expose holders to issuer/guarantor credit risk, market‑value variability before maturity, negative roll yield on futures, and uncertain U.S. federal income tax treatment.

GS Finance Corp. is offering $4,650,000 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 have an upside gearing of 1.68, a 10.00% buffer, a downside threshold at 90.00% of the initial index level, and an 8.00% call return if automatically called on the call observation date. Trade date is April 28, 2026; original issue date April 30, 2026; call observation date May 5, 2027; determination date April 30, 2029; stated maturity May 3, 2029. The securities do not pay coupons, are subject to issuer/guarantor credit risk, may be automatically redeemed, and may result in substantial principal loss if the final index level is below the downside threshold.

GS Finance Corp. is offering Leveraged Equity‑Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc., with payoff tied to the common stock of Blackstone Inc. (Bloomberg: "BX UN"). The notes pay no interest, have an initial underlier level of $119.83, an upside participation rate of 400%, a maximum settlement amount of $1,788.50, and a trigger buffer level of 85% (15% buffer). If the final underlier level is below the trigger buffer level, investors suffer a proportional loss of principal; if at or above the buffer but not above the initial level, investors receive the face amount. Trade date is April 30, 2026, original issue date May 5, 2026, determination date May 1, 2028, and stated maturity date May 4, 2028. The pricing supplement notes the original issue price exceeds model-estimated value and that the notes are subject to issuer/guarantor credit risk, limited secondary-market liquidity, tax uncertainty, and other structural risks.

GS Finance Corp. is offering S&P 500® Index-Linked Notes due 2029, fully guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and pays no interest. At maturity you will receive either the face amount (if the underlier return is zero or negative) or a cash payment equal to $1,000 plus the underlier return, subject to a maximum settlement amount of at least $1,212.50. Key dates include a trade date of May 29, 2026, original issue date of June 3, 2026, determination date of February 28, 2029 and a stated maturity of March 5, 2029. The notes are senior unsecured obligations of GS Finance Corp., guaranteed by Goldman Sachs, are treated as contingent payment debt instruments for U.S. federal income tax purposes, and may have limited liquidity.

GS Finance Corp. is offering $2,000,000 face amount of medium-term notes linked to the S&P 500® Index. The cash payment at maturity depends on the S&P 500 level from the trade date to the determination date. Notes pay no interest and returns are capped at a $1,227.50 maximum upside per $1,000 face amount. A 10% buffer applies: declines up to 10% produce a positive absolute return for holders, while declines beyond the buffer cause proportional losses to principal. The notes are senior unsecured obligations of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer and guarantor credit risk. Terms, pricing and tax treatment are described in the prospectus and supplements.

The Goldman Sachs Group, Inc. is offering $10,394,000 of Callable Fixed Rate Notes due April 30, 2032, issued at 100% of principal. The notes pay interest at 5.00% per annum from the original issue date April 30, 2026, with annual payments each April 30 beginning April 30, 2027. The issuer may redeem the notes in whole, but not in part, on each redemption date (each Jan 30, Apr 30, Jul 30 and Oct 30 on or after April 30, 2027) at a price equal to 100% of principal plus accrued interest, subject to at least five business days’ prior notice. Underwriting discount is 1.05%, with proceeds before expenses to Goldman Sachs of $10,284,863. The notes will be issued in book-entry form through DTC and are a new issue with no established market.

The Goldman Sachs Group, Inc. is offering Callable Fixed Rate Notes due 2046 with an original issue date of April 30, 2026 and a stated maturity of April 16, 2046. The notes bear interest at 5.70% per annum, payable annually on each April 30 beginning April 30, 2027. The issuer may redeem the notes in whole, but not in part, on scheduled quarterly redemption dates on or after April 30, 2029, with at least five business days’ prior notice, at a price equal to 100% of principal plus accrued interest. The initial aggregate principal amount offered is $12,625,000; the underwriters’ discount is 2.768% (proceeds to issuer before expenses: $12,275,540).

The Goldman Sachs Group, Inc. is offering $6,144,000 of Callable Fixed Rate Notes due April 30, 2038. The notes pay interest at 5.40% per annum from the original issue date (April 30, 2026) payable annually on April 30, beginning April 30, 2027. The issuer may redeem the notes in whole, but not in part, on each redemption date (each January 30, April 30, July 30 and October 30 on or after April 30, 2028) at a price equal to 100% of principal plus accrued interest with at least five business days’ notice. The initial price to public is 100% and underwriting discount is 2.205%, leaving proceeds before expenses to The Goldman Sachs Group, Inc. of $6,008,524.80. The notes will be issued in book-entry form through DTC and generally will be subject to FATCA withholding rules.

GS Finance Corp. is offering $ Buffered Digital S&P 500® Index-Linked Notes due 2027, guaranteed by The Goldman Sachs Group, Inc.. The cash payment at maturity depends on the S&P 500 closing level from the trade date to the determination date. If the final level is ≥ the buffer level (90% of the initial level), holders receive the maximum settlement amount of $1,090.50 per $1,000 face. If the final level is below 90%, holders suffer a leveraged loss equal to ~1.1111% of face for each 1% the index falls below the buffer; losses can reach the entire investment. Notes pay no interest, have an original issue price of 100% of face, and carry a 1% underwriting discount. Purchasers bear issuer/guarantor credit risk, limited upside due to the cap, secondary-market liquidity risk, and tax characterization uncertainty.

GS Finance Corp. is offering autocallable, contingent-coupon index-linked notes due May 22, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent monthly coupon of $7.625 per $1,000 (0.7625% monthly; up to 9.15% per annum) when each underlier is at or above a 75% coupon trigger level.

Automatic call occurs if, on any call observation date, each underlier closes at or above its initial level. If not called, the cash settlement at maturity is based on the lesser performing underlier (Dow Jones Industrial Average, Nasdaq-100, Russell 2000) relative to its initial level; losses can equal the full investment. Trade date is May 15, 2026 and original issue date is May 20, 2026.

GS Finance Corp. is offering autocallable S&P 500® Index-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes are payable in cash and do not bear interest. They are automatically called on the call payment date if the underlier closing level on the call observation date is greater than or equal to the initial level, in which case each $1,000 face amount would pay $1,090 on the call payment date. If not called, the cash settlement at maturity depends on the final underlier level: upside participation is 120%, a 70% trigger buffer limits principal loss until the final level falls below that threshold, and losses can reach the full principal if the final level is far below the initial level.

GS Finance Corp. is offering structured equity-linked notes due May 5, 2031, fully guaranteed by The Goldman Sachs Group, Inc. The notes reference the Russell 2000® and EURO STOXX 50® indices, have an aggregate face amount of $4,446,000, and do not pay interest. The notes feature monthly automatic call opportunities beginning on the August 28, 2026 call observation date; if each underlier’s closing level on a call observation date is at or above its initial level, the issuer will redeem all notes and pay a per-note call amount capped by the applicable call premium. If the notes are not called, the cash settlement at maturity depends on the lesser performing underlier versus its initial level, subject to a trigger buffer set at 75% of each initial underlier level; the maturity payment is capped at the 58.254% maturity premium for upside and may result in total loss of principal if the lesser performing underlier falls below the trigger buffer.

The Goldman Sachs Group, Inc. is offering $11,780,000 principal amount of Callable Fixed Rate Notes due April 30, 2030 under its Medium-Term Notes, Series N program.

The notes pay interest at 4.625% per annum, payable April 30 and October 30 each year, commencing October 30, 2026. The issuer may redeem the notes in whole (not in part) on specified quarterly redemption dates on or after April 30, 2028 at 100% of principal plus accrued interest, with at least five business days’ prior notice.

The Goldman Sachs Group, Inc. is offering Callable Fixed Rate Notes due April 30, 2036 that pay interest at 5.25% per annum from the original issue date of April 30, 2026, with semiannual payments on April 30 and October 30 (first payment October 30, 2026). The notes are callable in whole, but not in part, on each redemption date on or after April 30, 2028, with at least five business days’ notice at a redemption price equal to 100% of principal plus accrued interest. The offering size shown is $5,269,000 at an initial price to public of 100%, with an underwriting discount of 1.25% and estimated issuer expenses of approximately $15,000. The notes will be issued in book-entry form through DTC and are subject to standard tax considerations including FATCA withholding rules.

The Goldman Sachs Group, Inc. is offering fixed rate senior notes with a principal amount of $1,030,000, issued at 100% of principal and carrying an interest rate of 5.15% per annum. The notes have an original issue date of April 30, 2026 and a stated maturity date of April 30, 2036

Interest is paid annually on April 30 beginning April 30, 2027. The notes will not be listed, will be issued in book-entry form as a master global note registered to DTC, and Goldman Sachs & Co. LLC is the calculation agent and initial purchaser. The underwriting discount is 0.654%, yielding net proceeds of 99.346% of principal.

GS Finance Corp. is offering structured, equity‑linked medium‑term notes due May 1, 2031 that pay contingent quarterly coupons and are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The cash settlement at maturity (if not automatically called) is based on the performance of the lesser performing underlier among the Nasdaq‑100, Russell 2000 and S&P 500 and can result in a loss of up to the entire principal; the notes also include an automatic call feature if all underliers are at or above their initial levels on a call observation date.

The notes carry a contingent quarterly coupon of $20.25 per $1,000 face amount when each underlier is at or above 70% of its initial level on a coupon observation date, an original issue price of 100% of face amount, an underwriting discount of 4.125%, and aggregate face amount of $1,152,000. Pricing supplement provisions are subject to the accompanying general terms, underlier supplement and prospectus materials.

GS Finance Corp. is offering $5,576,000 of Trigger Autocallable Contingent Yield Notes due 2031, fully guaranteed by The Goldman Sachs Group, Inc. The notes pay a quarterly contingent coupon of $0.21275 per $10 (up to 8.51% per annum) only if both the Russell 2000® and EURO STOXX 50® close at or above their coupon barriers on each observation date. Commencing on the October 2026 call observation date, the notes will be automatically redeemed if both indices close at or above their initial index levels; otherwise the final principal repayment at maturity is contingent: if each index is >= 60% of its initial level you receive $10, otherwise you receive $10 times the lesser performing index return, which can result in a substantial loss or total loss of principal. The estimated value at pricing was approximately $9.77 per $10 face amount; original issue price is $10.00 (100% of face) with a 2.25% underwriting discount.

The Goldman Sachs Group, Inc. is offering $24,000,000 aggregate principal amount of Callable Fixed Rate Notes due April 14, 2033 with a fixed coupon of 5.00% per annum, issued April 30, 2026. Interest is payable annually on April 30, beginning April 30, 2027. The notes are callable in whole, but not in part, on each January 30, April 30, July 30 and October 30 on or after October 30, 2027, at a price equal to 100% of principal plus accrued interest, subject to at least five business days’ prior notice.

The offering price is 100% of principal; underwriting discount is 1.732% ($415,680) leaving proceeds before expenses of $23,584,320. The notes will be issued in book-entry form through DTC and are a new issue with no established trading market. Offering and distribution are subject to customary jurisdictional restrictions and tax considerations, including FATCA withholding and various local investor limits.

The Goldman Sachs Group, Inc. is offering fixed rate medium-term notes with a $5,188,000 principal amount denominated in U.S. dollars. The notes carry a 5.00% per annum coupon, accrue interest from the original issue date, pay annually on April 30 (first payment April 30, 2027), and mature on April 30, 2036. The original issue price is 100% of principal with an underwriting discount of 1.836%, producing net proceeds of 98.164% of principal. The notes will be issued in book-entry form through DTC, will not be listed on an exchange, and may be offered by Goldman Sachs & Co. LLC in market-making transactions; offering and resale conditions and jurisdictional distribution limitations are stated in the supplement.

GS Finance Corp. priced an offering of $18,735,280 in Buffer Autocallable GEARS linked to the S&P 500® Index, due May 1, 2029, guaranteed by The Goldman Sachs Group, Inc. The notes feature an automatic call on a May 4, 2027 observation, an upside gearing of 1.4075, a 10.00% buffer and a 9.00% call return. The estimated pricing value at issuance was approximately $9.69 per $10 face amount, with an original issue price of 100.00% of face and an underwriting discount of 2.50%. These are unsecured, principal‑at‑risk notes that expose holders to the issuer and guarantor credit risk and to downside market risk beyond the buffer.

GS Finance Corp. priced buffer-protected, capped dual-index notes linked to the Dow Jones Industrial Average and the S&P 500. For each $1,000 face amount, maturity payment depends on the lesser performing underlier return measured from the trade date to the determination date. If both underliers finish above their initial levels you receive the lesser performing underlier return up to a maximum settlement amount of $1,210. If any underlier finishes below its initial level but at or above the buffer level (85%), you receive the face amount. If the lesser performing underlier finishes below the buffer, losses are linear: you lose 1% of principal for each 1% decline below the buffer (buffer rate 100%, buffer amount 15%). The notes pay no interest, are senior unsecured obligations of GS Finance Corp. and are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc.

The Goldman Sachs Group, Inc. is offering $13,787,000 principal amount of Callable Fixed Rate Notes due April 16, 2036, bearing interest at 5.25% per annum from April 30, 2026 to but excluding maturity. Interest is payable annually on April 30, beginning April 30, 2027.

The notes are callable in whole, but not in part, on each redemption date on or after October 30, 2027, at 100% of principal plus accrued interest with at least five business days’ prior notice. The offering will settle on April 30, 2026, and underwriting discounts total 2.025% of principal.

GS Finance Corp. is offering an aggregate face amount of $14,873,840 of $10 face‑amount Buffer Autocallable GEARS linked to an unequally weighted basket of five equity indices and guaranteed by The Goldman Sachs Group, Inc.

The securities mature in 2029, carry no coupons, feature an automatic‑call on the call observation date if the basket is ≥ the autocall barrier (100% of initial level) with an 11.00% call return, and at maturity provide upside exposure with 1.85 gearing, a 10.00% buffer and a downside threshold of 90.00% of the initial basket level. Payments remain subject to the issuer’s and guarantor’s creditworthiness. Trade date: April 28, 2026; original issue date: April 30, 2026; determination date: April 27, 2029.

GS Finance Corp. offers contingent quarterly-coupon, autocallable notes linked to the common stock of The Mosaic Company (Bloomberg: "MOS UN") with an aggregate face amount of $5,750,000. The notes pay contingent quarterly coupons if the underlier closes at or above a coupon trigger level of 50% of the initial underlier level on each coupon observation date and are automatically called if the underlier closes at or above the initial underlier level of $23.19 on any call observation date. If not called, the maturity cash settlement per $1,000 face amount is $1,000 if the final underlier level is at or above the trigger buffer level of 50%; otherwise the cash settlement equals $1,000 plus $1,000 multiplied by the underlier return, which means investors can lose up to their entire investment. The notes are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., were issued at 100% of face amount with a 2.15% underwriting discount, and have a stated maturity date of May 3, 2029 (determination date April 30, 2029), subject to adjustments described in the general terms supplement.

GS Finance Corp. priced a Contingent Income Buffered Auto-Callable Note linked to the common stock of Eli Lilly and Company with an expected original issue date of May 5, 2026 and stated maturity of May 5, 2027. Each $1,000 principal note pays a contingent monthly coupon (set at at least $16.25 increments) only if the underlying closes at or above an 80.00% buffer of the initial share price ($851.21 initial share price set April 29, 2026).

If the note is automatically called on a call observation date when the underlying is at or above the initial share price, holders receive $1,000 plus the then‑due coupon. If not called and the final share price is below the buffer, holders lose 1.25% of principal for every 1.00% decline beyond the buffer; payments can be substantially reduced or zero. Estimated model value at pricing was $935–$995 per $1,000 principal; original issue price equals principal amount.

GS Finance Corp. is offering Trigger Jump Securities — principal-at-risk, auto-callable notes linked to the common stock of Sandisk Corporation due May 4, 2028. Each note has a $1,000 stated principal amount and may be automatically called on monthly call observation dates if the underlying stock closes at or above the initial share price.

If not called, at maturity holders receive either (i) $1,000 plus a maturity premium (at least 101.60%) if the final share price is at or above a downside threshold equal to 50.00% of the initial share price, or (ii) a payment equal to $1,000 times the share performance factor and thus may lose a substantial portion or all of principal. The estimated initial value range is $900–$960 per $1,000 principal; underwriting discount is 2.50%.

The Goldman Sachs Group, Inc. is offering $5,000,000 of fixed rate senior notes due April 30, 2029. The notes pay interest at 4.33% per annum, accrue from the original issue date of April 30, 2026, and pay interest semiannually on April 30 and October 30, commencing October 30, 2026.

The original issue price is 100% of principal, with an underwriting discount of 0.44% and estimated net proceeds of 99.56% of principal. The notes are unlisted, will be issued in book-entry form through DTC, and are senior unsecured obligations issued under the company’s medium-term note program.

The Goldman Sachs Group, Inc. is offering $25,000,000 aggregate principal amount of Callable Fixed Rate Notes due April 30, 2029. The notes pay interest at 4.50% per annum from and including the original issue date of April 30, 2026, with semiannual interest payment dates on April 30 and October 30 (first payment on October 30, 2026).

The issuer may redeem the notes in whole, but not in part, on each redemption date (each January 30, April 30, July 30, October 30 on or after April 30, 2027) for 100% of principal plus accrued interest, upon at least five business days' notice. The offering price is 100% of principal; underwriting discount is 0.572% ($143,000), with proceeds to the issuer of $24,857,000 before expenses.

The Goldman Sachs Group, Inc. is offering $2,922,000 in fixed rate medium‑term notes, due May 2, 2033, with an interest rate of 4.75% per annum payable semiannually on April 30 and October 30 (April 2033 payment is the maturity date). The notes issue at 100% of principal with a 0.9% underwriting discount (net proceeds 99.1%). The notes will be issued in book‑entry form through DTC, will not be listed, and will be distributed by Goldman Sachs & Co. LLC, which is an affiliate and a FINRA Rule 5121 conflict is disclosed.

GS Finance Corp. offers $4,952,450 aggregate face amount of trigger securities linked to the S&P 500® Index due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes return the index gain if the final index level exceeds the initial level; if the final level is between the initial level and a 71.00% downside threshold, investors receive the face amount; below that threshold investors receive a reduced cash payment proportionate to the index return and could lose all principal.

The securities carry the credit risk of GS Finance Corp. and Goldman Sachs, have no periodic interest, may trade below issue price, and have an estimated value at issuance of approximately $9.60 per $10 face amount versus an original issue price of $10.00. Trade date is April 29, 2026 and determination date is April 29, 2031 (stated maturity May 2, 2031).

GS Finance Corp. offers $9,594,230 face amount of Trigger Autocallable GEARS due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes link repayment to the common stock of Exxon Mobil Corporation (XOM), include an automatic call feature on a May 6, 2027 observation date, and mature May 3, 2029.

Holders receive enhanced upside (1.40 gearing) if the final stock price exceeds the initial price, full face amount protection only if the final price is at or above 75.00% of the initial price, and are fully exposed to equity declines below that threshold. Payments are unsecured and subject to issuer and guarantor credit risk.

The Goldman Sachs Group, Inc. is offering $11,000,000 of Callable Fixed Rate Notes due April 30, 2030 at an initial price of 100%. The notes pay interest at 4.625% per annum, with semiannual payments on April 30 and October 30, beginning October 30, 2026. The issuer may redeem the notes in whole, not in part, on each scheduled redemption date on or after April 30, 2028, at a price equal to 100% of principal plus accrued interest, subject to at least five business days’ prior notice.

The Goldman Sachs Group, Inc. is offering fixed rate medium-term notes with a 5.25% per annum coupon. The notes have a $2,000,000 principal amount, trade date April 28, 2026, original issue date April 30, 2026, and stated maturity April 30, 2038. Interest accrues from the original issue date and is payable annually on April 30, commencing April 30, 2027. The notes will be issued in book-entry form through DTC and will not be listed on any exchange. The original issue price is 100% with an underwriting discount of 0.85%, producing net proceeds to the issuer of 99.15% of principal. The offering is a conflicted transaction under FINRA Rule 5121 because the underwriter is an affiliate.

The Goldman Sachs Group, Inc. is offering $2,571,000 of Callable Fixed Rate Notes due April 30, 2031 that pay interest at 4.85% per annum from the original issue date April 30, 2026. Interest is payable each April 30 and October 30, with the first payment on October 30, 2026. The notes are callable by the issuer, in whole but not in part, on each quarterly redemption date on or after April 30, 2027, with at least five business days’ notice, at a redemption price equal to 100% of principal plus accrued interest.

The offering price is 100% of principal; underwriting discount is 0.7% ($17,997) and proceeds to The Goldman Sachs Group, Inc. before expenses are $2,553,003. Delivery and settlement are expected in New York on April 30, 2026. The notes will be issued in book-entry form through DTC and are subject to FATCA withholding and various distribution restrictions across jurisdictions.

The Goldman Sachs Group, Inc. is offering fixed rate senior notes with a principal amount of $9,446,000, an interest rate of 4.25% per annum, and a stated maturity date of April 30, 2029. Interest accrues from the original issue date and is payable each April 30 and October 30, commencing October 30, 2026. The notes were issued at 100% of principal with an underwriting discount of 0.627% and net proceeds of 99.373% of principal. The notes are book-entry, unlisted, and governed by the senior debt indenture with The Bank of New York Mellon as trustee.

The Goldman Sachs Group, Inc. is offering $13,000,000 of Callable Fixed Rate Notes due April 16, 2031 that pay interest at 4.75% per annum from and including the original issue date April 30, 2026. Interest is payable each April 30 and at maturity, with the first payment on April 30, 2027.

The notes are callable by the issuer in whole (but not in part) on each redemption date — each January 30, April 30, July 30 and October 30 on or after April 30, 2027 — at a redemption price equal to 100% of principal plus accrued interest, with at least five business days' prior notice. The initial public offering price is 100% of principal; underwriting discount is 1.236% and estimated proceeds to The Goldman Sachs Group, Inc. before expenses are $12,839,320. The notes will be issued in book-entry form through DTC.

The pricing supplement describes medium-term, cash-settled notes issued by GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc. The notes reference the Russell 2000® and EURO STOXX 50® indices, carry no interest, and have an aggregate face amount of $1,543,000. They feature quarterly automatic call observations: if on a call observation date each underlier's closing level is >= its initial level the notes are called and pay principal plus a specified call premium. If not called, maturity cash settlement depends solely on the lesser performing underlier return relative to its initial level, with a trigger buffer at 75% of initial levels and a capped maturity premium of 60.00%. Investors may lose their entire investment if the lesser performing underlier falls below its trigger buffer; the notes do not pay interest and secondary-market value may be below purchase price.

GS Finance Corp. offers $3,748,000 face amount of cash‑settled, equity‑linked notes guaranteed by The Goldman Sachs Group, Inc. The notes reference the Class A common stock of Robinhood Markets, Inc. (HOOD). For each $1,000 face amount, investors receive either a capped $1,430 maximum settlement if the final underlier level is >= the trigger buffer level (60% of the initial level), or a cash amount equal to $1,000 plus $1,000 times the underlier return, which can lead to complete loss of principal if the underlier declines sufficiently. The notes bear no interest, were traded on April 27, 2026 with an original issue date of April 30, 2026, have an initial underlier level of $83.95, a determination date of October 27, 2027 and a stated maturity of November 1, 2027. The original issue price is 100% of face amount; underwriting discount is 2.35% and net proceeds to the issuer are 97.65% of face amount. These terms are subject to the accompanying prospectus, supplements and adjustments described therein.

GS Finance Corp. is offering capped, non‑interest paying, multi‑underlier notes linked to the Russell 2000®, the EURO STOXX 50® and the State Street® Utilities Select Sector SPDR® ETF. The notes can be automatically called on scheduled call observation dates beginning April 28, 2027, and mature May 5, 2031.

If automatically called, each $1,000 note pays principal plus a specified call premium (16%–76% depending on call date). If not called, the maturity payoff is based on the lesser performing underlier: investors receive $1,800 if all underliers finish at or above their initial levels, $1,000 if all finish at or above 70% but some below initial, or a reduced cash amount tied to the worst underlier return if any underlier finishes below 70%.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering medium-term notes linked to the Russell 2000® Index. The notes pay no interest and settle in cash at maturity based on the underlier return from the trade date to the determination date. For each $1,000 face amount, payment is: (i) $1,000 plus the underlier return if the final level is at or above the initial level (capped at a $1,252.50 maximum upside); (ii) $1,000 plus the absolute underlier return if the decline is no greater than the 15% buffer; or (iii) an amount that can result in substantial losses if the final level is below the buffer (buffer level = 85% of the initial level). The offering size is $2,000,000, original issue price is 100% of face, underwriting discount 2.35%. Trade date: April 28, 2026; stated maturity: May 3, 2028.

GS Finance Corp. is offering medium-term, equity-linked notes (Series F) linked to the common stock of NVIDIA Corporation. Each security has a $1,000 face amount, a stated maturity date of July 7, 2027 and a calculation day of July 1, 2027. The securities provide 150% upside participation in the stock’s gain up to a maximum return of at least 30.00% (at least $300 per $1,000) and a 15% buffer against modest declines; losses above the buffer produce 1-to-1 downside exposure (investors may lose up to 85% of face amount). Estimated value at pricing is between $900 and $930 per $1,000; original offering price is $1,000.

The Goldman Sachs Group, Inc. is offering $4,525,000 in fixed-rate senior notes due April 30, 2031 with an interest rate of 4.50% per annum payable April 30 and October 30 each year.

The notes will be issued at 100% of principal (original issue price), carry an underwriting discount of 1.025%, and produce net proceeds to the issuer of 98.975% of principal. The notes will not be listed on any exchange and will be issued in book-entry form through DTC. Terms are subject to the accompanying prospectus and pricing supplement dated April 28, 2026.

The Goldman Sachs Group, Inc. is offering $35,225,000 aggregate principal amount of Callable Fixed Rate Notes due April 30, 2031, issued April 30, 2026, that pay interest at 5.00% per annum annually on each April 30 beginning April 30, 2027.

The notes may be redeemed at Goldman Sachs' option in whole (not in part) on each redemption date (each January 30, April 30, July 30 and October 30 on or after April 30, 2027) at 100% of principal plus accrued interest with at least five business days' prior notice. Initial price to public is 100% with underwriting discount of 0.598%, producing proceeds before expenses to Goldman Sachs of $35,014,354.50. Settlement is April 30, 2026.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering autocallable contingent coupon index-linked notes due May 20, 2031. The notes reference the Dow Jones Industrial Average, the Russell 2000 and the S&P 500 and pay a quarterly contingent coupon of at least 1.875% (at least $18.75 per $1,000) when each underlier meets its coupon trigger (70% of initial). The notes will be automatically called if, on any call observation date, each underlier closes at or above its initial level; otherwise the cash settlement at maturity is based on the lesser performing underlier and can result in a loss of up to your full investment. Trade date is May 15, 2026 and original issue date is May 20, 2026. Key structural thresholds include a coupon trigger of 70% and a trigger buffer level of 55% of each initial underlier level.