Goldman Sachs Group Inc. 424B Filings

GS Finance Corp. is offering S&P 500®-linked medium-term notes, fully guaranteed by The Goldman Sachs Group, Inc. The notes have an aggregate face amount of $160,000 and pay no interest. They include an automatic call feature on the call observation date and a payoff at maturity based on S&P 500 performance with a 15% buffer (buffer level = 85%) and a 100% upside participation rate. If automatically called, each $1,000 face amount pays $1,130 on the call payment date. If not called, maturity cash settlement depends on the final underlier level per the stated payoff table; a final level at 21% of initial would produce a cash settlement equal to 36% of face amount (a 64% loss versus face). Trade date is April 27, 2026 and stated maturity is May 4, 2029. The notes are subject to issuer/guarantor credit risk, model valuation discounts at issuance, limited secondary-market liquidity, tax uncertainty, and FATCA withholding rules.

GS Finance Corp. is offering $1,014,000 aggregate of Absolute Return Trigger S&P 500® Index‑Linked Notes due May 4, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return either (a) $1,035 per $1,000 if a barrier event occurs during the measurement period or (b) $1,000 plus $1,000 times the absolute S&P 500 index return if no barrier event occurs, capped at $1,250 per $1,000. The trade date is April 27, 2026, the initial index level is 7,173.91, the upper and lower barriers are 125% and 75% of the initial level, and the contingent return if a barrier event occurs is 3.5%. Estimated value at pricing was approximately $972 per $1,000 face amount; original issue price was 100% with an underwriting discount of 2.32%.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal-at-risk, non‑interest bearing, S&P 500®-linked notes with a structured payoff and an automatic call feature. The issuer sold an aggregate face amount of $12,387,000 at 100% of face. Each $1,000 face amount pays $1,100 if the underlier is at or above the initial level on the call observation date; otherwise the maturity cash payment depends on the S&P 500 performance with a 150% upside participation rate and a 75% trigger buffer. The notes mature on May 2, 2029 (determination date April 27, 2029) and are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. offers callable S&P 500® Futures Excess Return Index‑linked notes due April 30, 2031, guaranteed by The Goldman Sachs Group, Inc. The issuance has an aggregate face amount of $4,118,000 and an initial underlier level of 578.34 (trade date April 27, 2026). At maturity the payoff per $1,000 face is: (i) $1,000 plus $1,000×200%×index return if the final underlier level exceeds the initial level; (ii) $1,000 if the final level is between 70% and 100% of the initial level; or (iii) $1,000×(index return + 30%) if the final level is below 70% of the initial level. The notes pay no interest, may be redeemed at issuer option on specified call payment dates starting April 30, 2027, and have an estimated trade‑date value of approximately $954 per $1,000 face. Purchase price is 100% of face; underwriting discount 3.75%.

GS Finance Corp. is offering callable structured notes (aggregate face amount $11,114,000 on original issue) that pay a monthly coupon tied to the closing prices of four stocks: Alphabet Class C, NVIDIA, Amazon and Bank of America. Coupons are $7.50 (maximum) or $0.209 (minimum) per $1,000 face amount depending on monthly observation outcomes. Notes may be automatically called on observation dates beginning April 2027; stated maturity is May 5, 2031. The notes are unsecured obligations of GS Finance Corp. guaranteed by The Goldman Sachs Group, Inc., carry estimated initial value of approximately $956 per $1,000, and are subject to a 4% underwriting discount (net proceeds 96%).

The Goldman Sachs Group, Inc. is offering fixed rate notes due 2031. The notes are U.S. dollar denominated, carry an interest rate of 4.75% per annum and pay interest semiannually on May 15 and November 15, commencing November 15, 2026. The trade date is May 13, 2026 and the original issue date is May 15, 2026.

The notes will be issued in minimum denominations of $1,000, will be issued in book‑entry form as a master global note and will not be listed on any exchange. The pricing supplement controls where it conflicts with the base prospectus; certain original issue prices may vary for fee‑based advisory accounts. FATCA withholding rules apply.

GS Finance Corp. priced structured notes (aggregate face amount $2,186,000) due May 2, 2029, fully guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent monthly coupon of $8.209 per $1,000 face ($0.8209% monthly, ~9.85% p.a. potential) when each underlier equals or exceeds a 70% coupon trigger on observation dates. The notes are automatically called if all underliers equal or exceed their initial levels on any call observation date. At maturity (if not called), cash settlement per $1,000 depends on the lesser performing underlier return; losses can be 100% of principal. Trade date: April 27, 2026. Credit risk, limited secondary liquidity, model-based pricing and tax uncertainty are disclosed.

GS Finance Corp. is offering structured, Nasdaq-100 linked notes guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and provide a capped upside (150% participation, maximum settlement amount $1,275 per $1,000 face) and a 15% downside buffer (buffer level 85% of the initial underlier level). If the final underlier level is above the initial level, holders receive $1,000 plus the upside participation times the underlier return up to the maximum settlement amount. If the final underlier level is between the buffer level and the initial level, holders receive the face amount. If the final underlier level falls below the buffer level, investors incur a loss proportional to the decline below the buffer. Trade date is April 27, 2026, original issue date April 30, 2026, determination date April 27, 2028 and stated maturity May 2, 2028. The aggregate face amount initially offered is $552,000, original issue price is 100% of face and underwriting discount is 0.5%.

GS Finance Corp. is offering structured notes linked to the EURO STOXX 50® Index with a five-year term and a cash settlement at maturity. For each $1,000 face amount, holders receive $1,000 if the final index level is equal to or below the initial level; if the final level is higher, holders receive $1,000 plus the underlier return multiplied by the 113.5% upside participation rate. The notes pay no interest and are guaranteed by The Goldman Sachs Group, Inc. The original issue price is 100% with an underwriting discount of 3.72%.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering S&P 500®-linked medium-term notes with an aggregate face amount of $601,000. Each note has a $1,000 face amount, does not pay interest, and will pay at maturity either $1,000 (if the underlier return is zero or negative) or $1,000 plus the underlier return subject to a maximum settlement amount of $1,188.50.

Key dates and mechanics: trade date April 27, 2026, original issue date April 30, 2026, determination date January 29, 2029 (subject to adjustment), stated maturity date February 1, 2029. The notes reference the S&P 500® Index (SPX Index) and are issued at 100% of face with a 2.05% underwriting discount.

GS Finance Corp. offers $2,427,000 of leveraged, buffered index-linked notes guaranteed by The Goldman Sachs Group, Inc. Two separate tranches were priced on the trade date April 27, 2026: $2,030,000 linked to the S&P 500® Index maturing November 1, 2028 and $397,000 linked to the Russell 2000® Index maturing November 1, 2027. Each note returns cash at maturity per formulae tied to index performance, with upside participation rates, buffer levels (90%), caps (maximum settlement amounts of $1,250 and $1,240 per $1,000 face) and explicit principal loss scenarios. The pricing supplement discloses underwriting discounts, estimated values below issue price, market‑making limitations, and issuer/guarantor credit risk.

GS Finance Corp. offers indexed, callable medium-term notes guaranteed by The Goldman Sachs Group, Inc. The notes link payment at maturity and automatic annual calls to the performance of the Goldman Sachs Momentum Builder® Focus ER Index (Bloomberg: GSMBFC5). The $3,164,000 aggregate face amount will pay either a capped call premium on early automatic calls or a cash settlement at maturity based on index return and a 100% upside participation rate. The index applies a 0.65% per annum deduction and volatility/momentum controls that may allocate substantial exposure to hypothetical cash positions; the issuer’s estimated trade-date value was $901 per $1,000 face amount with an additional amount of $55.25 declining to zero by July 26, 2026.

GS Finance Corp. priced callable, buffer‑protected notes linked to the Nasdaq‑100 and Russell 2000. The notes have an aggregate face amount of $326,000, a stated maturity date of May 4, 2029 and an automatic call feature on annual observation dates beginning April 27, 2027. The cash settlement at maturity depends on the lesser performing underlier and is capped by a maturity date premium amount of 44.25%; a trigger buffer is set at 80% of each underlier’s initial level. The notes pay no interest and carry issuer and guarantor credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. offers $440,000 aggregate face amount of medium-term notes, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., linked to the EURO STOXX 50^® Index. The notes pay no interest and return depends on the index performance measured from the trade date to the determination date.

If the final index level is above the initial level, holders receive $1,000 plus participation equal to 152.5% of the index return. If the final level is between 80% and 100% of the initial level, holders receive the $1,000 face amount. If the final level is below 80% of the initial level, holders suffer losses pro rata: a decline beyond the 20% buffer reduces principal by 1% for each 1% decline.

GS Finance Corp. offers principal-at-risk notes tied to the S&P 500® Futures Excess Return Index, with an aggregate face amount of $1,600,000. Each $1,000 note pays no interest and has a stated maturity of September 30, 2027 (determination date September 27, 2027). Cash settlement at maturity depends on the underlier return from the trade date (April 27, 2026) to the determination date, subject to a 20% buffer (buffer level = 80% of the initial underlier level) and a capped maximum settlement amount of $1,240 per $1,000 face. If the final underlier level is above the initial level, you may receive up to the capped positive return; if it is between the buffer level and the initial level you receive the face amount; if it is below the buffer level you suffer a proportional loss. The notes are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. and are subject to issuer and guarantor credit risk and other terms described in the supplement.

GS Finance Corp. is offering structured notes linked to the S&P 500 Futures Excess Return Index with an upside participation rate of 117.8%. The notes pay no interest and mature on May 1, 2031 (determination date April 28, 2031). For each $1,000 face amount, if the final underlier level is greater than the initial level (initial level: 578.34), the cash payment at maturity equals $1,000 + ($1,000 × 117.8% × underlier return); otherwise you receive the $1,000 face amount. The aggregate face amount shown is $717,000. Original issue price is 100% of face amount; underwriting discount 3.55% and net proceeds to issuer 96.45% of face amount. The notes are senior debt of GS Finance Corp. and are fully guaranteed by The Goldman Sachs Group, Inc.

The pricing supplement discloses market, credit, roll‑yield and tax risks, states the notes will be treated as contingent payment debt instruments for U.S. federal income tax purposes, and shows a comparable yield of 4.73% and projected payment at maturity of $1,267.72 per $1,000 for tax accrual purposes.

GS Finance Corp. offers capped-risk notes linked to the S&P 500® Futures Excess Return Index, fully guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity depends on the underlier’s performance from the trade date through the determination date. If the final level is at or above the initial level you receive the greater of a $1,500 threshold settlement or $1,000 plus $1,000 times the underlier return. If the final level is below the initial level but not more than the 30% trigger buffer amount (i.e., at or above 70% of initial), you receive the absolute underlier return as a positive percentage of the face amount. If the final level is below the trigger buffer level, you suffer a loss equal to the underlier return applied to the face amount and could lose your entire investment. The notes mature on May 1, 2031 (determination date April 28, 2031) and were issued at 100% of face with a 4.125% underwriting discount.

GS Finance Corp. is offering medium-term structured notes linked to the S&P 500® Index with an aggregate face amount of $2,901,170. For each $10 face amount, repayment at maturity depends on the index return from the trade date (April 27, 2026) to the determination date (April 28, 2027), with a 300% upside participation rate capped by a $11.35 maximum settlement amount per $10 note. If the final index level is at or below the initial level (initial level 7,173.91), investors lose proportionally and may lose their entire investment. The notes pay no interest, are fully guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer/guarantor credit risk, limited liquidity, tax uncertainties, and distribution conflicts described in the supplement.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering callable contingent coupon notes linked to the VanEck Semiconductor ETF (SMH). The notes mature on January 30, 2029 unless redeemed. Coupons of $31.25 per $1,000 (i.e., 3.125% quarterly; up to 12.5% per annum) are payable on each coupon payment date only if the ETF closing level on the related coupon observation date is >= 80% of the initial underlier level ($506.26). At maturity, if the final underlier level is >= 80% of the initial level, holders receive $1,000 plus any final coupon; if below 80%, the cash settlement is reduced by the underlier loss beyond a 20% buffer. The company may redeem notes on coupon dates from October 2026 through October 2028 at par plus any coupon then due. The estimated value at pricing was approximately $953 per $1,000. The offering carries an underwriting discount of 2.95%.

GS Finance Corp. priced fixed-coupon, buffered notes linked to the S&P 500® Volatility Plus Daily Risk Control Index. The notes pay a fixed quarterly coupon of $15.625 per $1,000 (1.5625% quarterly, up to 6.25% annually) beginning July 2026. At maturity on April 30, 2029, investors receive the face amount per $1,000 if the final underlier level is at least 85% of the initial level of 6,902.22; otherwise the cash payment is reduced by the underlier return below the 15% buffer, potentially resulting in a substantial loss. The estimated value at pricing was approximately $969 per $1,000 face amount; original issue price was 100% with a 3% underwriting discount (net proceeds 97%). The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and subject to issuer and guarantor credit risk, tax uncertainty, limited secondary market liquidity, market‑disruption and underlier‑specific risks including leveraged volatility exposure.

GS Finance Corp. offers S&P 500®-linked buffered notes with an aggregate face amount of $10,353,000 under a pricing supplement dated April 27, 2026. The notes pay no interest and mature on May 13, 2027.

Payment at maturity depends on the S&P 500 closing level from the trade date (initial level 7,173.91) to the determination date (May 10, 2027). Outcomes: full participation up to a capped maximum upside of $1,159 per $1,000 face; a 10% buffer that converts negative underlier returns up to the buffer into positive returns; and enhanced downside exposure beyond the buffer using a buffer rate of ~111.11%, which can cause substantial loss including loss of principal.

GS Finance Corp. is offering $799,000 aggregate face amount of callable S&P 500® Futures Excess Return Index-linked notes due April 30, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, have an initial underlier level of 578.34, and link payoff to the S&P 500 Futures Excess Return Index measured from the trade date April 27, 2026 to the determination date April 16, 2031. At maturity each $1,000 face amount pays either (a) $1,000 plus 1.75 times the index return if the final level > initial, (b) $1,000 if the final level is between 80% and 100% of the initial, or (c) a reduced amount if the final level is below 80% (losses possible). The notes may be redeemed at issuer option on specified call payment dates with varying capped call premiums. The estimated value on the trade date was approximately $933 per $1,000 face amount, and the underwriting discount is 4.125%.

GS Finance Corp. priced contingent monthly coupon notes linked to Broadcom Inc. (AVGO). The offering totals $3,659,000 of $1,000 face-amount notes with a contingent monthly coupon of $13.417 per $1,000 (1.3417% monthly, up to ~16.10% per annum) payable only if the underlier meets a 55% coupon trigger on each observation date. The notes feature an automatic call if Broadcom's closing level on a call observation date is at or above the initial level ($418.20), and a principal repayment at maturity that is fully exposed to negative performance (you may lose your entire investment if final underlier level is below 55%). Pricing supplement dated April 27, 2026.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) offers structured notes that pay a variable monthly coupon tied to four stocks: Alphabet Class A, HubSpot, Meta Class A and Cloudflare Class A. The notes mature on May 5, 2031 unless automatically called after observation dates beginning April 2027. For each $1,000 face amount the maximum coupon is $8.334 monthly and the minimum coupon is $0.209 monthly; automatic redemption occurs if each index stock closes at ≥95% of its initial price on a call observation date. The trade date is April 27, 2026 and original issue date is April 30, 2026. The prospectus discloses an estimated value of approximately $946 per $1,000 face amount (below issue price) and notes are subject to issuer and guarantor credit risk, limited anti-dilution protections, potential market-disruption timing rules, and discretionary determinations by the calculation agent.

GS Finance Corp. offers $590,000 face amount of callable, cash‑settled notes guaranteed by The Goldman Sachs Group, Inc. The notes reference the EURO STOXX 50® Index, mature on May 2, 2029, and feature a 200% upside participation rate and an 85% trigger buffer.

They pay no interest, may be automatically called on annual observation dates (first observation April 27, 2027), and could result in a total loss if the final underlier level is below the trigger buffer.

GS Finance Corp. offers leveraged EURO STOXX 50® index-linked notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and the cash payment at maturity for each $1,000 face amount depends on the EURO STOXX 50® performance from the trade date to the determination date. If the final level is at or above the initial level, holders receive $1,000 plus the upside participation rate (at least 157%) times the underlier return. If the final level falls but remains at or above the 60% trigger buffer level, holders receive $1,000 plus the absolute underlier return. If the final level is below the trigger buffer, holders receive $1,000 plus the (negative) underlier return and may lose up to their entire investment. Trade date is May 15, 2026, original issue date May 20, 2026, determination date May 15, 2031, and stated maturity May 20, 2031. The notes are unsecured senior obligations of GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer and guarantor credit risk, model-based pricing that exceeds estimated value at issue, underwriting and structuring fees, limited liquidity, and uncertain U.S. federal tax treatment.

The offered notes are principal‑at‑risk, cash‑settled medium‑term notes issued by GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc. Payment at maturity depends on the S&P 500® Futures Excess Return Index performance from the trade date to the determination date. The notes provide an 110% upside participation if the final underlier level is at or above the initial level. If the final level is below the initial level but at or above 85% (the buffer level), you receive the absolute underlier return as a positive payment. If the final level is below the buffer level, losses apply: the holder loses based on the buffer formula and could lose a substantial portion of principal. The notes pay no interest. Key dates: trade date April 27, 2026, original issue date April 30, 2026, determination date October 27, 2028, stated maturity date November 1, 2028. Original issue price is 100% of face with a 2.75% underwriting discount and aggregate face amount of $610,000.

GS Finance Corp. offers $17,783,000 aggregate face amount of callable, buffered, monthly S&P 500® Index‑linked range accrual notes due April 30, 2031, guaranteed by The Goldman Sachs Group, Inc. Interest, if any, is determined monthly by the fraction of scheduled trading days on which the S&P 500 closing level is ≥85% of the initial level and multiplied by a 7.25% interest factor; monthly payments begin May 30, 2026. The issuer may redeem the notes at 100% of face amount on any monthly interest payment date on or after April 30, 2027. At maturity, if the final index level is ≥85% of the initial level you receive the face amount; if below 85% the cash settlement declines by the index return below the 15% buffer, potentially resulting in a substantial loss. The estimated value at pricing was approximately $970 per $1,000 face amount.

The Goldman Sachs Group, Inc. is offering fixed rate notes due May 15, 2031 with a stated interest rate of 4.65% per annum. The notes are issued in U.S. dollars in minimum denominations of $1,000, with a trade date of May 13, 2026 and original issue date of May 15, 2026. Interest is payable semiannually on May 15 and November 15, commencing November 15, 2026. The notes will be issued in book-entry form as a master global note registered to DTC, will not be listed on an exchange, and will be subject to FATCA withholding and customary distribution restrictions across jurisdictions.

GS Finance Corp. is offering callable indexed notes, fully guaranteed by The Goldman Sachs Group, Inc., linked to the Goldman Sachs Momentum Builder® Focus ER Index (Bloomberg: GSMBFC5 Index). The notes have an aggregate face amount of $37,033,000, a $1,000 face amount per note, and an upside participation rate of 100%. The notes may be automatically called annually if the index meets rising call levels; call premiums range from 14.25% in year one to 85.50% in year six. If not called, principal at maturity is cash-settled based on the index return, subject to a deduction of 0.65% per annum and potential allocations to hypothetical cash positions. GS&Co. estimated the notes' trade-date value at $903 per $1,000, below the issue price; underwriting compensation is 4.625% of face amount.

GS Finance Corp. offers conditional, non‑interest bearing notes linked to an equally weighted basket of 9 common stocks. The notes mature on May 2, 2028 and are automatically called if the basket closing level on the call observation date (May 10, 2027) is at or above the initial level, producing a fixed cash payment of $1,198 per $1,000 face amount on the call payment date. At maturity the cash payout varies: investors receive $1,000 plus 125% times the positive basket return if the final basket level is above the initial level; $1,000 if the final basket level is between 80% and 100% of initial; and a reduced amount if the final basket level is below 80% (a 20% buffer with a 125% buffer rate). The trade date is April 27, 2026, original issue date April 30, 2026, original issue price 100%, underwriting discount 1.5%, and the estimated value at pricing was approximately $948 per $1,000. Payments depend on both basket performance and the credit of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. offers autocallable EURO STOXX 50® index-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes are equity-index linked, do not pay interest, and include an automatic-call feature that will redeem all notes early if the underlier closes at or above the initial level on the call observation date. The cash payoff at maturity (if not called) depends on the final underlier level: investors participate at a 150% upside participation rate when the index finishes above the initial level, receive full principal if the final level is at or above an 80% trigger buffer, and incur downside exposure pro rata below that buffer. Trade date and original issue date are set for May 15, 2026 and May 20, 2026, respectively; key dates include a call observation date of May 17, 2027, a determination date of May 8, 2029, and a stated maturity of May 11, 2029. The pricing supplement notes that the original issue price will exceed modeled estimated value and that investors are exposed to issuer/guarantor credit risk, limited liquidity, structuring fees, and possible loss of principal, including the entire investment.

GS Finance Corp. offers autocallable, buffered S&P 500^® Index-linked notes due in 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, may be automatically called on the call observation date, and provide upside participation of 125% while protecting losses up to a 15% decline in the index. If the final index level declines by more than 15%, holders suffer a leveraged loss using a buffer rate of approximately 1.1765%, and could lose their entire investment. The trade date, initial index level and exact issue price are set on the trade date, with expected trade date May 26, 2026, original issue date expected May 29, 2026, call observation date expected June 8, 2027, call payment date expected June 11, 2027, and stated maturity expected June 1, 2028. The estimated value at terms setting is expected between $900 and $930 per $1,000 face amount.

The issuer, GS Finance Corp., is offering buffered, S&P 500®-linked cash-settled notes with an aggregate face amount of $6,410,000. Each $1,000 face amount pays at maturity based on the S&P 500 performance from the trade date (April 27, 2026) to the determination date (April 27, 2028), subject to a 25% buffer and a maximum upside settlement amount of $1,180. If the final underlier level is at or above the initial level, holders receive $1,000 plus the underlier return (capped at $1,180). If the final level falls but remains within the 25% buffer, holders receive the absolute value of the underlier decline as a positive return. If the final level falls below the 75% buffer level, losses are magnified by a buffer rate of approximately 133.33%, and investors may lose their entire investment. The notes pay no interest and are unsecured senior obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. offers $1,977,000 aggregate face amount of indexed notes, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes pay at maturity either the face amount or, if the final index level exceeds the initial index level (112.65), a payment equal to $1,000 + ($1,000 × 450% × the index return). The notes reference the Goldman Sachs Momentum Builder® Focus ER Index (Bloomberg: GSMBFC5 Index), have an original issue price of 100% of face amount, an underwriting discount of 3.12%, an original issue date of April 30, 2026, a determination date of October 29, 2029 and a stated maturity date of November 1, 2029. Holders bear issuer and guarantor credit risk, no periodic interest, index deductions (0.65% p.a.), and potential high exposure to hypothetical cash allocations under the index methodology.

GS Finance Corp. is offering Buffered S&P 500® Index-Linked Notes due June 11, 2027, 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 performance between the trade date and the determination date.

Terms include a 10% buffer (buffer level = 90% of initial level), a buffer rate of approximately 111.11%, no periodic interest, and a maximum upside settlement amount of at least $1,132 per $1,000 face. Trade date is May 26, 2026, original issue date May 29, 2026, determination date June 8, 2027. The notes are sold at 100% of face with a 1% underwriting discount (net proceeds 99% of face).

GS Finance Corp. is offering structured, non‑interest bearing notes linked to the Class A common stock of Robinhood Markets, Inc. (the underlier) with an aggregate face amount of $3,743,000. Payment at maturity is cash per $1,000 face amount: 143% cap if the final underlier level is greater than or equal to a 60% trigger buffer; otherwise the cash payment equals $1,000 plus the underlier return, meaning investors lose 1% of principal for every 1% the final level falls below the initial level and could lose their entire investment. Trade date is April 27, 2026, original issue date April 30, 2026, determination date October 27, 2027 and stated maturity date November 1, 2027 (each subject to adjustment per the general terms supplement). The notes carry an underwriting discount of 2.35% and net proceeds to the issuer of 97.65% of face amount. The notes are senior unsecured obligations of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., and expose investors to the credit risk of both entities.

GS Finance Corp. offers callable S&P 500® Index‑linked notes due April 30, 2032, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, participate 100% in positive S&P 500 returns measured from the trade date April 27, 2026 (initial index level 7,173.91) to the determination date April 16, 2032. If the final index level exceeds the initial level you receive $1,000 plus the index return; otherwise you receive $1,000. The issuer may redeem the notes on specified monthly call payment dates beginning April 30, 2027 at 100% plus a listed call premium. Original issue price is 100% of face amount; underwriting discount is 4.125% and estimated value at issuance is approximately $954 per $1,000 face amount.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured, principal‑linked notes tied to the Nasdaq‑100 and Russell 2000 indexes. Each $1,000 note pays no interest, includes a semi‑annual automatic call feature with specified call premiums, and at maturity the cash payment depends on the performance of the lesser performing underlier, with a 15% buffer applying at specified breakpoints. The notes were priced at 100% of face and carry an underwriting discount of 3%.

GS Finance Corp. is offering autocallable, basket-linked notes due May 2, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes reference a weighted basket (S&P 500 40%, Russell 2000 30%, MSCI EAFE 20%, MSCI Emerging Markets 10%) with an initial basket level of 100. If the basket on the call observation date (expected May 10, 2027) is ≥ 100 the notes will be called for $1,100 per $1,000 face amount. At maturity, holders receive $1,000 + $1,000 × 184% × basket return if the basket return is positive; protection applies down to a trigger buffer of 65%, below which losses are linear and can exceed 35% of principal. Estimated value at terms set is $885–$925 per $1,000 face amount; purchase price and issuer credit risk affect actual returns.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal-protected contingent notes linked to an equally weighted 9-stock basket with automatic call and a maturity of May 2, 2028. The notes have a call observation date of May 10, 2027 and a call payment date of May 13, 2027. If the basket closing level on the call observation date is greater than or equal to the initial basket level (100), the notes will be automatically called and pay $1,217.50 per $1,000 face amount. If not called, the maturity payment depends on the basket return on the determination date (April 27, 2028) with an upside participation rate of 125%, a buffer level of 85% (buffer amount 15%) and a buffer rate of approximately 117.65%. The estimated value on the trade date was approximately $953 per $1,000 face amount; original issue price is 100% with an underwriting discount of 1.5% (net proceeds 98.5%). The aggregate initial face amount was $11,824,000. These notes do not pay interest and are unsecured obligations subject to issuer and guarantor credit risk.

GS Finance Corp. offers medium-term structured notes guaranteed by The Goldman Sachs Group, Inc. tied to the S&P 500® Futures Excess Return Index. The notes have an aggregate face amount of $2,768,000, an upside participation rate of 118%, no periodic interest, and a stated maturity of May 1, 2031.

At maturity the cash payment per $1,000 face amount will be either $1,000 or $1,000 plus $1,000×(118%)×(underlier return), depending on whether the final underlier level exceeds the initial underlier level measured from the trade date. The notes are subject to issuer and guarantor credit risk, possible market disruptions, and futures-specific effects such as negative roll yield. The comparable yield used for U.S. tax accruals is 4.73% per annum.

GS Finance Corp. offers S&P 500-linked principal-at-risk notes that pay no interest and are fully guaranteed by The Goldman Sachs Group, Inc. The offering totals $1,192,000 aggregate face amount with each note having a $1,000 face amount. Payment at maturity (May 1, 2031 stated maturity date) depends on the S&P 500® Index performance from the trade date (April 27, 2026) to the determination date (April 28, 2031), subject to adjustment.

If the final index level is above the initial level you receive the index return; if the final level is between the initial level and the buffer level (90% of initial), you receive the face amount; if the final level is below the buffer level you incur losses proportional to the index decline below the buffer (buffer amount 10%, buffer rate 100%). The notes were issued at 100% of face with an underwriting discount of 3.55% and net proceeds of 96.45%.

GS Finance Corp. is offering S&P 500®-linked principal-protected notes capped at a return. The notes have an aggregate face amount of $1,170,000, a face amount of $1,000 per note, no interest, and a maximum cash settlement of $1,290 per $1,000 face. Payment at maturity depends on the S&P 500 final level measured from the trade date April 27, 2026 to the determination date April 29, 2030, with stated maturity on May 2, 2030. The notes are senior unsecured obligations of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., will be issued at 100% of face with a 3.55% underwriting discount, and are treated as contingent payment debt instruments for U.S. federal income tax purposes.

The pricing supplement describes GS Finance Corp. senior, index-linked notes (aggregate face amount $9,992,000) guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, feature an annual automatic call if the index meets rising call levels, and a maturity cash settlement tied to the Goldman Sachs Momentum Builder Focus ER Index. The upside participation rate is 100%; initial index level is 112.65. GS&Co. estimated the notes' value at $904 per $1,000 on trade date; issue price is 100% with a 4% underwriting discount. Maturity is tied to a determination date of April 22, 2033 and stated maturity April 29, 2033. The index methodology includes daily rebalancing, a 5% volatility control, momentum risk control, and a 0.65% p.a. deduction that can materially reduce index returns.

GS Finance Corp. is offering $1,000 face amount Autocallable Contingent Coupon Equity-Linked Notes due May 3, 2029, guaranteed by The Goldman Sachs Group, Inc. The notes reference the common stock of Marvell Technology, Inc. (underlier) with an initial underlier level of $153.23 (closing April 28, 2026). Coupons are contingent quarterly payments of $77 per $1,000 (7.7% quarterly, potential up to 30.8% per annum) payable only if the underlier equals or exceeds a coupon trigger level set at 60% of the initial level on each coupon observation date. The notes are automatically called if the underlier on any call observation date is greater than or equal to the initial underlier level; in that event holders receive $1,000 plus any coupon then due. If not called, final cash settlement at maturity depends on the final underlier level relative to a trigger buffer level of 60% of the initial level and may result in a loss of principal (including total loss) if the final underlier level is sufficiently low. The notes are senior unsecured obligations under the GSFC 2008 indenture; investors bear issuer and guarantor credit risk.

GS Finance Corp. priced S&P 500®-linked, principal-at-risk notes underwritten by Goldman Sachs. The notes pay no interest and return at maturity depends on the S&P 500 index performance from the trade date April 27, 2026 to the determination date October 27, 2027. For each $1,000 face amount, holders receive either (a) $1,000 plus the index return capped at a maximum settlement amount of $1,175, (b) $1,000 if the final index level is at or above the buffer level of 90% of the initial level, or (c) a loss calculated as $1,000 × (underlier return + 10%) if the final index level is below the buffer, exposing holders to substantial principal loss. The offering aggregates $1,402,000 face amount, original issue price is 100% of face with a 2.1% underwriting discount.

GS Finance Corp. is offering S&P 500® Index-Linked Notes due 2030, guaranteed by The Goldman Sachs Group, Inc. The notes have a $1,000 face amount and pay at maturity either the face amount (if the underlier return is zero or negative) or $1,000 plus the underlier return up to a maximum settlement amount of at least $1,457. The trade date is May 15, 2026, the original issue date is May 20, 2026, the determination date is November 15, 2030 and the stated maturity date is November 20, 2030. The notes do not bear interest, are treated as contingent payment debt instruments for U.S. federal income tax purposes, and are subject to the credit risk of the issuer and guarantor. Pricing, underwriting discount, structuring fee and certain tax and withholding mechanics are disclosed in the supplement.

GS Finance Corp. is offering two separate buffered index-linked notes, each guaranteed by The Goldman Sachs Group, Inc. The notes, set on trade date April 27, 2026, mature on May 1, 2031 and pay no interest. One tranche references the EURO STOXX 50® Index (aggregate face amount $2,337,000) with a 144% participation rate and a 75% buffer level; the other references the S&P 500® Futures Excess Return Index (aggregate face amount $5,518,000) with a 168% participation rate and an 80% buffer level. At maturity each $1,000 face amount pays a formulaic cash settlement tied to the index return on the determination date (April 28, 2031). Estimated values on the trade date were $950 and $936 per $1,000 face amount; original issue price is 100% with an underwriting discount of 4.125%. Payments depend on issuer and guarantor creditworthiness and the indexed performance; investors may lose a substantial portion of principal.