Goldman Sachs Group Inc. 424B Filings

The pricing supplement describes a structured, principal-linked note issued by GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., with an aggregate face amount of $6,178,000. The notes pay no interest and mature on April 26, 2029. Payment at maturity is tied to the lesser performing of three indices (Russell 2000, S&P 500, EURO STOXX 50), measured from the initial underlier levels set on April 22, 2026 through the determination date. If every underlier finishes at or above its buffer level (80% of initial), holders receive the greater of the threshold settlement amount $1,225.50 or $1,000 plus $1,000 times the lesser performing underlier return. If any underlier finishes below its buffer, the cash payment declines pro rata and investors can lose a substantial portion of principal. The notes were issued at 100% of face; the underwriting discount is 2.5% (plus a structuring fee up to 0.8%), and GS&Co. is the calculation agent and initial purchaser.

GS Finance Corp. is offering autocallable contingent-coupon equity-linked notes due May 10, 2029, guaranteed by The Goldman Sachs Group, Inc. The notes reference the common stock of Tesla, Inc. and pay a contingent monthly coupon of $12.084 per $1,000 (1.2084% monthly; up to ~14.5% per annum) only if the underlier closing level on each coupon observation date is at least 80% of the initial level. The notes will be automatically called beginning on call observation dates if the underlier closing level is at or above the initial level; if not called, the cash settlement at maturity depends on the final underlier level relative to a 65% buffer level and can result in substantial losses. Trade date is May 6, 2026 and original issue date is May 11, 2026. The offering documents emphasize credit risk of GS Finance Corp. and the guarantor and state that investors will have no shareholder rights in the underlier.

The issuer is offering structured, auto-callable notes linked to the S&P 500®, Nasdaq-100® and the iShares® Russell 2000 ETF that mature on April 26, 2029 unless automatically called beginning in October 2026. Coupons of $10.542 per $1,000 (1.0542% monthly, ~12.65% p.a.) are paid only when each underlier on a coupon observation date is ≥70% of its initial level. At maturity, if every underlier is ≥70% of its initial level you receive $1,000 plus any final coupon; if any underlier is <70% you receive $1,000 plus the lesser performing underlier return × $1,000, which can result in substantial principal loss. The notes are unsecured obligations of GS Finance Corp. guaranteed by The Goldman Sachs Group, Inc. and carry issuer/guarantor credit risk. Trade date: April 23, 2026; original issue date: April 28, 2026.

GS Finance Corp. is offering principal‑protected‑if‑limited notes linked to the S&P 500® Index, with an aggregate face amount of $1,885,000. Each note has a face amount of $1,000. At maturity the cash payment depends on the underlier return, is capped at a maximum settlement amount of $1,196 per $1,000, and provides a downside buffer: if the final index level is at or above 80% of the initial level you receive the face amount; if it is below 80% you incur losses that increase 1% for each 1% decline beyond the buffer. The notes pay no interest, are fully guaranteed by The Goldman Sachs Group, Inc., and mature on April 27, 2028 (determination date April 24, 2028). The original issue price is 100% of face and underwriting discount is 1.75%; net proceeds to issuer are 98.25%.

The issuer, GS Finance Corp., is offering principal-protected‑style, non‑interest bearing notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (Bloomberg: SPAR4V6). Notes mature April 28, 2032 but may be automatically called beginning April 27, 2027 on specified observation dates if the underlier is ≥95% of the initial level of 459.86. The index applies up to 500% leverage with a daily 6.0% per annum decrement; leverage and the decrement materially affect payoff. If not called, maturity payoff is based on final underlier performance: capped at $2,650 per $1,000 (165% premium) if the final level is ≥95% of initial, principal preserved down to a 50% buffer, and losses occur for declines below that buffer. Estimated value at pricing was approximately $957 per $1,000; original issue price was 100% with an underwriting discount of 1.25%.

GS Finance Corp. offers $2,482,000 of callable, non‑interest bearing notes linked to the S&P 500® Futures Excess Return Index, guaranteed by The Goldman Sachs Group, Inc. The notes can be automatically called on the call observation date; if called, holders receive $1,270 per $1,000 face amount. If not called, maturity payoffs depend on the final underlier level with a 200% upside participation, an 80% buffer level and a 125% buffer rate. The notes expose investors to issuer/guarantor credit risk, negative roll and futures‑vs‑spot dispersion, and uncertain U.S. federal tax treatment.

GS Finance Corp. prices structured notes guaranteed by The Goldman Sachs Group, Inc. The offering aggregates $2,115,000 face amount (original issue price 100%) with a trade date of April 23, 2026 and a stated maturity of April 26, 2029. The notes pay a quarterly coupon of $36.25 per $1,000 (3.625% quarterly, potential 14.5% per annum) only if both underliers are at or above 70% of their initial levels on coupon observation dates. The notes are automatically called if both underliers are at or above their initial levels on any call observation date beginning July 2026; otherwise final payment depends on the lesser performing underlier with a 70% trigger buffer (initial levels: EURO STOXX Banks 258.48; XLK ETF $155.84), and holders bear issuer/guarantor credit risk. The pricing models estimated value was approximately $963 per $1,000 on the trade date.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured, non‑interest bearing notes linked to the S&P 500® Futures Excess Return Index. For each $1,000 face amount, notes pay $1,200 on an automatic call if the underlier on the call observation date is ≥ the initial level. If not called, maturity payoffs depend on final underlier performance: upside participation is 200%; a 20% buffer and a buffer rate of 125% apply; the initial underlier level is 573.32. Trade date is April 23, 2026, original issue date April 28, 2026, determination date April 23, 2030, and stated maturity April 26, 2030. The notes may result in a total loss of principal if the final underlier level is below the buffer level. Purchase price equals 100% of face; underwriting discount 1% (net proceeds 99%).

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal-protected contingent notes linked to the VanEck Semiconductor ETF (SMH). The notes do not pay interest, may be automatically called beginning in May 2027, and mature in May 2030. Payments are capped: a maximum of $1,740 per $1,000 at maturity if not called; if the final ETF level falls more than 40% from the initial level, investors absorb proportional losses. Estimated value at pricing is $905–$945 per $1,000. The notes are unsecured obligations of GS Finance Corp. and carry issuer/guarantor credit risk and complex tax uncertainty.

GS Finance Corp. is offering capped, autocallable, equity-linked notes tied to the Class A common stock of Oscar Health, Inc. The notes reference an initial index stock price of $16.44 (set April 22, 2026) and mature on January 27, 2027, subject to automatic call if the index stock closes at or above the initial price on any call observation date.

If the index stock on an observation date is at least 50% of the initial price, a quarterly coupon may be payable (coupon mechanics use $68 per $1,000 face amount). At maturityholders receive either $1,000 (if final price ≥ 50% of initial) or a pro rata cash settlement based on the index stock return (which can result in receiving less than 50% of principal if the final index stock price is below 50%). The estimated value at pricing was approximately $969 per $1,000 face amount. Payments are unsecured and subject to issuer and guarantor credit risk.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering medium-term, cash-settled notes linked to the S&P 500® Futures Excess Return Index. The offering totals $1,692,000 aggregate face amount with a $1,000 face amount per note. The notes carry no interest, feature an automatic call on a call observation date if the underlier closes at or above the initial level, and pay a capped cash call amount of $1,130 per $1,000 if called. If not called, maturity payments depend on underlier performance: upside participation is 200%, a buffer at 80% of the initial level applies, and the initial underlier level is 573.32. Trade date is April 23, 2026, original issue date April 28, 2026, and stated maturity date April 26, 2029. The notes are subject to issuer and guarantor credit risk, potential negative roll yields from futures linkage, market-disruption adjustments, and uncertain U.S. federal income tax treatment.

GS Finance Corp. is offering ETF-linked notes due in approximately 24 months whose return is tied to the lesser performing of the iShares Latin America 40 ETF and the iShares MSCI Emerging Markets ex China ETF. For each $1,000 face amount, the notes pay $1,000 plus 1.45x the lesser ETF return if both ETFs finish above their April 23, 2026 initial levels ($36.81 for ILF; $88.29 for EMXC). If either ETF is between 80% and 100% of its initial level, you receive $1,000. If the lesser performing ETF falls below 80% of its initial level, losses accelerate at a 125% buffer rate, and you can lose your entire investment. The issuer and guarantor credit risk applies and the estimated value at issuance is $900–$930 per $1,000.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering structured, auto-callable notes linked to the common stock of Microsoft Corporation, Celestica Inc. and Advanced Micro Devices, Inc.. The notes may be automatically called on observation dates beginning May 2027; if called you receive face amount plus any accrued coupon. Coupons accrue monthly when each index stock's closing price on a coupon observation date is at least 50% of its initial price, using a formula of $16.334 per $1,000 not previously paid (1.6334% monthly, ~19.6% annualized potential). If not called, maturity is expected May 4, 2029; a trigger event (all final prices below their initial prices) produces a cash settlement tied to the worst-performing stock and can result in substantial principal loss. The estimated model value on the trade date is about $925–$955 per $1,000 face amount. Payments depend on index performance, anti-dilution adjustments, market-disruption provisions and the issuer/guarantor credit risk.

GS Finance Corp. is offering principal-at-risk notes linked to the common stock of NVIDIA Corporation ("NVDA"). Each $1,000 face amount pays no interest and returns at maturity depend on the change in NVDA from the trade date April 23, 2026 to the determination date May 24, 2027. If the final level exceeds the initial level, holders receive $1,000 plus the underlier return subject to a $1,172.50 maximum settlement amount. If the final level is between 70% (the buffer level) and the initial level, holders receive the face amount. If the final level is below the 70% buffer level, losses are passed to holders on a one-for-one basis below the buffer (buffer amount 30%), potentially resulting in substantial principal loss. The notes do not bear interest, are issued by GS Finance Corp. and fully guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer/guarantor credit risk, limited liquidity, and tax uncertainty.

The issuer, GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.), is offering callable, non-interest-bearing notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. Trade date is expected to be May 1, 2026 with stated maturity expected May 4, 2029. The notes have an automatic call feature on scheduled call observation dates beginning in May 2027 if the underlier closes at or above 90% of the initial level; call payments add a specified call premium. If not called, maturity payment depends on the underlier return with a 30% buffer (buffer level 70% of initial) and a capped maximum settlement amount of $1,430.524 per $1,000 face amount. The underlier applies leverage (up to 500%), a cap on daily leverage change (100%), and a 6.0% per annum decrement deducted daily. The estimated value at pricing is $925–$955 per $1,000 face amount; the original issue price exceeds that estimated value.

GS Finance Corp. offers structured notes — $1,195,000 aggregate face amount of single-underlier, buffer-style notes fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes reference the common stock of Broadcom Inc. and pay no interest. Payment at maturity depends on the underlier return from April 23, 2026 to the determination date, subject to a 70% buffer, a 30% buffer amount, a 100% buffer rate and a capped maximum settlement amount of $1,225 per $1,000 face. If the final underlier level is below the buffer level, principal is lost on a 1% per 1% basis beyond the buffer; if final level is between buffer and initial level, holders receive the face amount; if final level is above initial level, holders participate up to the cap. The notes mature on May 27, 2027 and were issued at 100% of face, with an underwriting discount of 1.9333% (net proceeds 98.0667% of face). The notes are subject to issuer and guarantor credit risk, limited upside due to the cap, potential substantial losses if Broadcom falls below the buffer, and possible limited liquidity in secondary markets.

The Goldman Sachs Group, Inc. is offering Callable Fixed Rate Notes due 2046. The notes pay interest at 6.00% per annum from the original issue date (expected May 14, 2026) to the stated maturity (expected May 14, 2046), with annual interest payments expected each May 14 beginning May 14, 2027. The issuer may redeem the notes in whole, not in part, on expected redemption dates (each Feb 14, May 14, Aug 14 and Nov 14 on or after May 14, 2028) at a price equal to 100% of principal plus accrued interest, with at least five business days' prior notice. The offering will be distributed by underwriters including Goldman Sachs & Co. LLC and InspereX LLC. The notes will be issued in book-entry form through DTC and are a new issue with no established trading market. FATCA withholding rules apply.

GS Finance Corp. priced contingent monthly coupon, autocallable notes guaranteed by The Goldman Sachs Group, Inc. The offering has an aggregate face amount of $2,550,000, an original issue price of 100% of face and a 0.85% underwriting discount. The notes pay a contingent monthly coupon of $9.042 per $1,000 (0.9042% monthly, ~10.85% annualized) only if each underlier is at or above 70% of its initial level on the related coupon observation date. The notes are automatically called on a quarterly call date if each underlier is at or above its initial level on that call observation date; otherwise the cash settlement at maturity is based on the lesser performing underlier, potentially resulting in a full loss of principal. Trade date is April 23, 2026, original issue date April 28, 2026, and stated maturity date April 26, 2029.

GS Finance Corp. offers leveraged buffered notes linked to the iShares MSCI Emerging Markets ETF (EEM), with payment at maturity tied to EEM performance from an initial level of $63.74 (set April 24, 2026). The notes pay no interest, provide 150% upside participation capped at a $1,365 maximum settlement per $1,000 face amount, and include a 10% buffer (buffer level 90%). If the final underlier level is below the buffer, investors bear downside losses pro rata; if within the buffer, they receive the face amount. Trade date is April 27, 2026, original issue date April 30, 2026, determination date April 27, 2028, and stated maturity May 2, 2028. Payment depends on the underlier (EEM) not the index, and investors are exposed to issuer/guarantor credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. is offering Goldman Sachs Momentum Builder® Focus ER index-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and pays at maturity either the face amount or $1,000 plus the upside participation rate multiplied by the index return, depending on the final index level on the determination date. The index is the Goldman Sachs Momentum Builder Focus ER Index ("GSMBFC5 Index"), which daily rebalances among eligible assets, applies a 5% volatility control, and may allocate substantially to hypothetical cash positions; the index and cash allocations are subject to a 0.65% per annum deduction. The upside participation rate is stated as at least 425%. Trade date is May 26, 2026, original issue date May 29, 2026, determination date November 26, 2029, and stated maturity November 29, 2029. The notes do not pay interest, are exposed to issuer and guarantor credit risk, may have limited liquidity, and may be allocated heavily to zero-return cash positions, which can materially reduce index-linked returns.

GS Finance Corp. priced structured, cash-settled notes linked to Apple Inc. stock (AAPL). The offering totals $478,000 aggregate face amount with a call feature on the call observation date; if called, each $1,000 face amount pays $1,110. If not called, maturity payoffs depend on the final underlier level versus the initial underlier level ($273.43) and an upside participation rate of 125%, with a 20% buffer (buffer level = 80% of initial). The notes pay no interest, are fully guaranteed by The Goldman Sachs Group, Inc., and carry issuer/guarantor credit risk and potential material loss if the final underlier level falls below the buffer.

The issuer, GS Finance Corp., is offering principal-protected indexed notes linked to the Goldman Sachs Momentum Builder® Focus ER Index. The notes do not bear interest and have an expected trade date of April 30, 2026 and an expected stated maturity of May 5, 2031. For each $1,000 face amount, the cash settlement at maturity will be $1,550 if the final index level is greater than or equal to the initial index level, or $1,000 if the final index level is lower. The index applies a daily 0.65% per annum deduction and a 5% volatility control; a significant portion of the index may be allocated to non‑interest bearing cash positions. The estimated value at trade date is expected to be between $850 and $880 per $1,000 face amount. Payments are subject to the credit risk of GS Finance Corp. and the guarantor, The Goldman Sachs Group, Inc.

GS Finance Corp. offers $4,000,000 of medium-term notes guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and provide a cash settlement at maturity on April 26, 2028 tied to the performance of the S&P 500® Index measured from the initial level of 7,137.90 on April 22, 2026 to the determination date. If the final underlier level rises, holders receive the face amount plus 200% upside participation of the underlier return, capped at a $1,248 maximum settlement amount. If the final level is between 90% and 100% of the initial level, holders receive the face amount. If the final level is below 90%, losses apply pro rata and principal can be substantially reduced. The notes are cash-settled, not listed, and carry the issuer and guarantor credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. offers callable, non-interest-bearing notes linked to the VanEck Semiconductor ETF (SMH). The notes mature expected May 9, 2030 but may be automatically called on observation dates beginning in May 2027. If not called, maturity payoff depends on the ETF return from the trade date to the determination date; the maximum cash settlement at maturity is $1,660 per $1,000 face amount, while a final decline greater than 40% exposes holders to losses, potentially to zero. Estimated value at pricing is between $905 and $945 per $1,000 face amount. The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and subject to issuer/guarantor credit risk.

The pricing supplement describes capped, buffer-protected equity-linked notes issued by GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and pays no interest. Payment at maturity depends on Alphabet Inc. Class A (GOOGL) performance, with a 30% buffer (buffer level 70%) and a $1,125 maximum settlement amount. Trade date is April 23, 2026, original issue date April 28, 2026, determination date May 24, 2027 and stated maturity date May 27, 2027. The offering shows an underwriting discount of 1.9333% and net proceeds of 98.0667% of face. The notes are prepaid-derivative structured notes; investors bear issuer/guarantor credit risk and may lose substantial principal if the final underlier level falls below the buffer.

GS Finance Corp. priced contingent monthly‑coupon, autocallable notes guaranteed by The Goldman Sachs Group, Inc. The offering totals $40,285,000 with an original issue price of 100% of face and a monthly coupon of $10.167 per $1,000 (1.0167% monthly, up to approximately 12.20% per annum). The notes reference the Dow Jones Industrial Average, Nasdaq-100 and Russell 2000, pay coupons only if each underlier meets 70% coupon triggers on observation dates, are automatically called if all underliers equal or exceed their initial levels on a call observation date, and settle at maturity based solely on the performance of the lesser performing underlier. The stated maturity date is April 28, 2031. The pricing supplement warns investors they could lose their entire investment and emphasizes issuer and guarantor credit risk.

GS Finance Corp. offers Autocallable Goldman Sachs Momentum Builder® Focus ER Index-Linked Notes due 2031. The notes pay 300% upside participation on positive index performance, feature an automatic call that pays $1,125 per $1,000 if the index on the call observation date is at or above the initial index level, and mature on June 3, 2031 with settlement based on index performance. The index applies a 0.65% annual deduction and a 5% volatility control; GS&Co. estimates the notes' value at $850–$880 per $1,000 on the trade date. Payments and certain index determinations are subject to the index supplement and adjustment by the calculation agent.

The issuer GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering notes with an aggregate face amount of $1,500,000. Each $1,000 face amount pays no interest and at maturity will pay either the maximum settlement amount of $1,739.50 if the S&P 500® Index (the underlier) is at or above the trigger buffer level (90% of the initial level), or otherwise a cash amount equal to $1,000 plus $1,000 times the underlier return; losses occur for declines below the initial level and principal can be fully lost. The notes were traded April 23, 2026, issued April 28, 2026, with determination date January 3, 2034 and stated maturity January 5, 2034. Original issue price was 100% of face; underwriting discount 3.75%; net proceeds 96.25%.

GS Finance Corp. is offering Trigger Callable Contingent Yield Notes due January 28, 2030, guaranteed by The Goldman Sachs Group, Inc. The notes pay a $0.30 per $10 contingent quarterly coupon (up to 12.00% per annum) only if each underlying index remains at or above its coupon barrier during each observation period. The notes are linked to the least performing of the S&P 500®, Russell 2000® and EURO STOXX 50® indices, have a coupon barrier of 70.00% and a downside threshold of 60.00% of the initial index levels. The issuer may redeem on quarterly coupon dates beginning July 28, 2026. Estimated value at pricing is between $9.70 and $9.99 per $10 face amount and the original issue price is 100.00% of face amount.

GS Finance Corp. is offering Leveraged Buffered S&P 500® Futures Excess Return Index‑Linked Notes due 2028, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes pay at maturity based on the performance of the S&P 500® Futures Excess Return Index from the trade date to the determination date. For each $1,000 face amount, investors receive either: (1) $1,000 plus participation of 124% of the index return if the final level is above the initial level; (2) $1,000 if the final level is between the buffer level and the initial level; or (3) a reduced cash payment if the final level is below the buffer level, with losses occurring once the underlier falls more than 20% (buffer 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 notes do not pay interest and are subject to issuer and guarantor credit risk, limited liquidity, model/pricing discounts at issuance, negative roll/contango effects tied to futures, and uncertain U.S. federal tax treatment.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal-protected, equity‑linked callable notes tied to a Class A ordinary share of Accenture plc. The notes trade date is expected to be April 30, 2026 with a stated maturity expected to be May 3, 2029. Coupons of $37.75 per $1,000 (3.775% quarterly; potential 15.1% per annum) are payable on a coupon payment date only if the index stock closing price on the related coupon observation date is greater than or equal to 60% of the initial index stock price. The notes are automatically called if on any call observation date the closing price is greater than or equal to the initial index stock price; called notes pay the face amount plus the then‑due coupon. At final maturity, if the final index stock price is below 60% of the initial index stock price, holders suffer a loss equal to the index stock return times $1,000, potentially receiving less than 60% of face amount. The estimated value at pricing is expected to be between $925 and $955 per $1,000 face amount; original issue price is 100% with 2% underwriting discount.

GS Finance Corp. priced a $1,217,000 aggregate face amount structured note due April 27, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes reference Class A common stock of Meta Platforms, Inc. and pay no interest. They include an automatic call on the call observation date if the underlier closes at or above the initial level, producing a fixed cash payment of $1,163 per $1,000 on the call payment date. If not called, final cash at maturity depends on the final underlier level: upside participation of 125%, an 80% buffer level, and a 20% buffer amount that can limit losses under specified formulas. The notes were issued at 100% of face amount with a 1.75% underwriting discount.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering auto-callable notes linked to the common stock of Boston Scientific Corporation (index stock). The notes have a face amount per note of $1,000, an expected trade date of May 11, 2026, an expected original issue date of May 14, 2026 and an expected stated maturity date of June 16, 2027. The notes pay a monthly coupon of $9.584 per $1,000 if the index stock closing price on a coupon observation date is greater than or equal to 70% of the initial index stock price. The notes will be automatically called if the index stock closing price on any call observation date is greater than or equal to the initial index stock price; otherwise the cash settlement at maturity depends on the index stock return with a downside buffer at -30% (the trigger buffer price is 70% of the initial index stock price). The estimated value at pricing is stated between $925 and $955 per $1,000 face amount.

GS Finance Corp. is offering autocallable, buffered S&P 500® index-linked notes guaranteed by The Goldman Sachs Group, Inc. The notes may be automatically called on the call observation date for a cash payment of $1,101.50 per $1,000 face amount if the S&P 500 closing level is at or above 7,165.08. If not called, the maturity payout depends on the index return measured from the initial index level of 7,165.08 (set April 24, 2026) to the determination date, with a 15% downside buffer and a threshold settlement amount of $1,203. The estimated value at pricing is stated between $900 and $930 per $1,000 face amount, which is less than the original issue price. The notes are unsecured obligations subject to issuer and guarantor credit risk and complex tax and liquidity considerations.

GS Finance Corp. offers principal-protected contingent coupon notes linked to CRCL, NVDA and ORCL. The notes have a face amount per note of $1,000, an expected trade date of May 1, 2026, an expected original issue date of May 6, 2026, and an expected stated maturity date of May 4, 2029. Coupons may be paid monthly only if each index stock on a coupon observation date is >= 50% of its initial price; automatic redemption may occur on certain observation dates beginning in May 2027. At maturity, if a "trigger event" (all final prices < initial prices) occurs, payment will be reduced based on the lesser performing index stock return; otherwise holders receive principal (plus any final coupon when conditions are met). The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer and guarantor credit risk. The estimated value at pricing is stated between $925 and $955 per $1,000 face amount.

GS Finance Corp. sells auto-callable principal-at-risk notes guaranteed by The Goldman Sachs Group, Inc. The notes reference the S&P 500® Index, mature May 5, 2031, and may be automatically called on the call observation date for at least $1,090 per $1,000 principal. If not called, upside at maturity is 125.00% of any positive index return; downside protection stops at 80.00% of the initial index value, below which investors bear losses 1:1.

The original issue price is 100.00% with an underwriting discount of 3.25%. Estimated model value at pricing is $895–$955 per $1,000 principal.

GS Finance Corp. is offering S&P 500® Index-Linked Notes due 2029, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount, does not bear interest, and has a stated maturity on May 3, 2029. The trade date is April 29, 2026 and original issue date is May 4, 2026. At maturity the cash payment per $1,000 face amount equals either $1,000 (if the final underlier level is equal to or less than the initial level) or $1,000 + $1,000 × underlier return if the S&P 500 rises, but any positive payment is capped at the maximum settlement amount of $1,242. The determination date for the final underlier level is April 30, 2029. These notes are senior unsecured obligations of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., and are subject to the issuer and guarantor credit risk. The notes are treated as contingent payment debt instruments for U.S. federal income tax purposes; accrued taxable income may be required before maturity.

GS Finance Corp. is offering buffered, non‑interest bearing notes linked to the Nasdaq‑100 Index® with a stated maturity expected to be August 10, 2028. The notes pay $1,000 per $1,000 face amount if the index return is zero or positive. If the index declines but the final level is at least 60% of the initial level, investors receive a positive return equal to 221% of the absolute index decline; if the final level is below 60%, the payout equals $1,000 plus $1,000 times the index return plus 40%, which can result in losses to principal. The trade date, when the initial index level will be set, is expected to be May 5, 2026 and the original issue date is expected to be May 8, 2026. The estimated value on the trade date is expected to be between $925 and $955 per $1,000 face amount. Holders bear the issuer and guarantor credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.; tax treatment is uncertain and FATCA/withholding rules may apply.

GS Finance Corp. is offering structured medium-term notes guaranteed by The Goldman Sachs Group, Inc. The notes reference the Global X Uranium ETF and Global X Copper Miners ETF, pay a conditional monthly coupon of $14 per $1,000 (1.4% monthly; potential 16.8% per annum) if each ETF is >= 60% of its initial level on observation dates, and mature expectedly on May 21, 2029. At maturity the cash payment per $1,000 depends on the lesser performing ETF: full principal if both final levels are >= 50% or >= 60% (with coupon conditions), or a pro rata loss equal to the lesser performing underlier return if that ETF falls below 50%. The notes carry issuer/guarantor credit risk, limited upside (cash settlement capped at 100% of face amount), and an estimated value at pricing between $890 and $920 per $1,000 face amount.

GS Finance Corp. is offering autocallable, contingent-coupon equity-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and pays a quarterly contingent coupon of $33.75 (3.375% quarterly; up to 13.50% per annum) when the closing level of the underlier meets or exceeds a coupon trigger level of 60% of the initial underlier level. The underlier is NVIDIA Corporation common stock. The notes will be automatically called early if the underlier closes at or above the initial underlier level on a call observation date. At maturity (if not called), the cash settlement for each $1,000 face amount is $1,000 if the final underlier level is greater than or equal to the trigger buffer level (60%); if the final underlier level is below that buffer, the cash settlement equals $1,000 × (1 + underlier return), exposing investors to potential loss of up to 100% of principal. Trade date is May 1, 2026 and original issue date is May 6, 2026.

GS Finance Corp. offers structured notes linked to NVDA, CLS, and AVGO with an expected trade date of May 1, 2026 and stated maturity expected to be May 8, 2029. The notes pay a monthly coupon formula (approximately $16.959 per $1,000 when triggered) and include an automatic call feature starting May 2027. Payments depend on each index stock versus its initial price; a trigger event (all three final prices below initial) causes the maturity payout to be based on the worst-performing stock. The estimated model value on the trade date is $925–$955 per $1,000. Terms and anti-dilution, market-disruption, and credit-risk provisions are described in the supplement.

The pricing supplement describes GS Finance Corp. $ Autocallable Contingent Coupon Index-Linked Notes due 2029, guaranteed by The Goldman Sachs Group, Inc., linked to the Nasdaq-100, Russell 2000 and S&P 500. Trade date is April 30, 2026, original issue date May 5, 2026, and stated maturity May 7, 2029 with determination date April 30, 2029.

Coupons are contingent monthly: $8.042 per $1,000 (0.8042% monthly, potential ~9.65% per annum) when every underlier's closing level on the coupon observation date is ≥ 70% of its initial level. Notes are automatically called if every underlier on a call observation date is ≥ its initial level. At maturity (if not called), cash settlement per $1,000 depends solely on the lesser performing underlier return; if that underlier is below 70% of its initial level, investors can suffer substantial losses up to a total loss of principal.

GS Finance Corp. is offering principal-protected-style notes linked to the Class A common stock of The Trade Desk, Inc. with an expected trade date of April 30, 2026 and a stated maturity expected to be May 3, 2029. Each note has a face amount of $1,000 and a quarterly coupon of $71.25 (7.125% quarterly) payable only if the index stock’s closing price on a coupon observation date is at least 50% of the initial index stock price. Notes will be automatically called if the index stock closes at or above the initial index stock price on any call observation date; otherwise the maturity payout depends on the index stock return and may result in significant principal loss if the final index stock price is below 50% of the initial index stock price. The estimated value at pricing is between $925 and $955 per $1,000 face amount; underwriting discount is 2%.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering autocallable contingent-coupon equity-linked notes linked to the common stock of NVIDIA Corporation. Each note has a $1,000 face amount, contingent monthly coupons (about 1.0459% monthly, up to 12.55% per annum) if observation levels meet the 75% trigger, an automatic call if the underlier equals or exceeds the initial level on a call observation date, and a maturity cash settlement that protects losses only above a 25% buffer. Trade date is May 8, 2026, original issue date May 13, 2026, and stated maturity June 11, 2027. The notes are credit obligations of GS Finance Corp. and expose investors to issuer/guarantor credit risk, limited upside if the underlier rises, and potential for substantial principal loss if the underlier declines.

GS Finance Corp. priced $12,000,000 of Contingent Income Buffered Auto-Callable Securities linked to the common stock of Eli Lilly and Company. Each $1,000 security may pay a $16.35-based contingent monthly coupon when the stock closes at or above the buffer price $722.416 (80.00% of the initial share price). The securities are automatically called if the underlying closes at or above the initial share price of $903.02 on any call observation date, in which case holders receive principal plus the then-due coupon. If not called, maturity payment depends on the final share price: if below the buffer, holders lose 1.25% of principal for every 1% decline beyond the buffer; holders do not participate in upside above the initial share price. Payments are unsecured obligations of GS Finance Corp. guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. offers Autocallable Contingent Coupon Equity-Linked Notes due 2029 guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent quarterly coupon of $36.75 per $1,000 (3.675% quarterly, up to 14.70% per annum) when the underlier closes at or above a 60% coupon trigger on observation dates. The notes reference the common stock of lululemon athletica inc. and feature an automatic call if the underlier closes at or above the initial level on any call observation date. If not called, repayment at maturity depends on the final underlier level versus a 60% trigger buffer; losses can reach 100% of principal. Trade date is April 30, 2026 and stated maturity is May 3, 2029.

GS Finance Corp. is offering autocallable contingent coupon index-linked notes due 2029, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes link to the Nasdaq-100, Russell 2000 and S&P 500 indices and pay a contingent monthly coupon of $10.959 per $1,000 (1.0959% monthly; potential for up to approximately 13.15% per annum) when each underlier is at or above 70% of its initial level on coupon observation dates. The notes are subject to an automatic call if, on any call observation date, each underlier’s closing level is at or above its initial level; if not called, the cash settlement at maturity is based solely on the performance of the lesser performing underlier and can result in losing your entire investment. Key dates: trade date April 28, 2026, original issue date May 1, 2026, stated maturity May 3, 2029. CUSIP 40059DJG3.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering Digital Equity-Linked Notes linked to the common stock of Salesforce, Inc. The notes pay no interest and mature on October 28, 2027. Payment at maturity depends on the underlier's performance from the initial underlier level of $173.30 set on April 23, 2026 to the final underlier level on the determination date of October 25, 2027. If the final underlier level is greater than or equal to the trigger buffer level (75% of the initial level), each $1,000 face amount receives the maximum settlement amount of $1,314. If the final level is below that trigger, investors suffer a loss equal to the underlier return times $1,000 and could lose their entire investment. The notes are prepaid derivative contracts for U.S. tax purposes and are subject to issuer and guarantor credit risk, limited liquidity, and other structural risks described in the supplement.

GS Finance Corp. priced leveraged, buffered S&P 500® index-linked notes due 2028, guaranteed by The Goldman Sachs Group, Inc. Each $1,000 note returns either the face amount, a capped upside or a leveraged downside tied to the S&P 500 performance between the trade date and determination date. The notes pay no interest, have a 125% upside participation rate, a 20% buffer (buffer level 80% of initial) and a maximum settlement amount of at least $1,243.50. Trade date is April 30, 2026, original issue date May 5, 2026, determination date May 1, 2028 and stated maturity date May 4, 2028. Investors are exposed to issuer and guarantor credit risk, limited upside due to the cap, and potential total loss if the underlier falls below the buffer by a sufficient amount.