Goldman Sachs Group Inc. 424B Filings

GS Finance Corp. is offering index-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc., with a $1,000 face amount per note and no periodic interest. The cash payment at maturity is determined solely by the lesser performing underlier of the Russell 2000, S&P 500 and EURO STOXX 50 over the measurement period from April 22, 2026 to the determination date. If the final level of the lesser performing underlier is at or above 80% of its initial level (the buffer level), holders receive at least a threshold settlement amount of $1,225.50 or a performance-linked payment; if below the buffer level, holders lose 1% of face for each 1% decline below the buffer and could lose a substantial portion of principal. Trade date: April 23, 2026; original issue date: April 28, 2026; determination date and stated maturity date in April 2029 (subject to adjustment).

GS Finance Corp. offers $2,154,000 of leveraged, callable index-linked notes due April 24, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and reference the S&P 500® and Nasdaq-100®. At maturity the cash payment per $1,000 face depends on the lesser performing index return with a 200% upside participation rate, a 50% trigger buffer and possible issuer redemptions on specified monthly call payment dates beginning April 2027. The estimated value on the trade date was approximately $992 per $1,000 face amount; original issue price was 100% with a 0.5% underwriting discount.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) offers callable indexed notes linked to PLTR, RIVN and MSFT with a stated maturity of April 23, 2027. The notes pay a quarterly coupon of $54.625 per $1,000 (5.4625% quarterly; potential 21.85% per annum) only if each index stock is at or above 50% of its initial price on observation dates. The notes are automatically called if, on any call observation date, each index stock closes at or above its initial price. At maturity, if a trigger event (all three final prices below initial prices) occurs, repayment is based on the lesser performing index stock and can be significantly below principal; otherwise face amount is returned. The estimated value at pricing was approximately $966 per $1,000 face amount. The notes are unsecured obligations subject to issuer and guarantor credit risk and limited anti-dilution protection.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering leveraged S&P 500® Futures Excess Return Index‑linked notes due May 12, 2031. For each $1,000 face amount, the cash payment at maturity equals $1,000 plus 135% of the underlier return if the final level exceeds the initial level; otherwise investors receive the $1,000 face amount. The underlier is the S&P 500® Futures Excess Return Index (E‑mini S&P 500 futures exposure). Trade date is May 7, 2026, original issue date May 12, 2026, and determination date is May 7, 2031. The notes pay no interest, are cash‑settled, and are subject to the issuer’s and guarantor’s credit risk, model valuation discounts versus issue price, market‑liquidity constraints, negative roll yields in futures, and U.S. federal tax rules for contingent payment debt instruments.

GS Finance Corp. is offering Leveraged Buffered Basket-Linked Notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes link return to a weighted basket (S&P 500 40%, MSCI EAFE 25%, S&P MidCap 400 14%, Russell 2000 11%, MSCI Emerging Markets 10%), with an initial basket level of 100 set on the trade date (expected April 29, 2026). At maturity (expected May 3, 2029) each $1,000 face amount pays either: principal plus 150% of the positive basket return capped at a $1,455 maximum, the $1,000 face amount if the final basket level is within the 5% buffer, or a reduced cash amount if the final basket level declines by more than 5%, exposing holders to potential substantial principal loss. Estimated value at pricing is expected to be between $925 and $955 per $1,000 face amount.

GS Finance Corp. offers $500,000 aggregate face amount of medium-term, cash-settled autocallable notes guaranteed by The Goldman Sachs Group, Inc. The notes reference the Nasdaq-100, Russell 2000 and S&P 500 indices, bear no interest, and have a 100% upside participation rate.

If, on the call observation date (April 27, 2027), each underlier's closing level is >= its initial level, the notes will be automatically called and pay $1,077 per $1,000 face amount on the call payment date (April 30, 2027). If not called, the maturity payment (stated maturity date April 25, 2028) is cash based solely on the lesser performing underlier: either $1,000 + $1,000×1.00×(lesser underlier return) if positive, or $1,000 if any underlier return is zero or negative.

GS Finance Corp. offers Market Linked Securities—Auto-Callable with Contingent Coupon linked to Intel Corporation stock due April 25, 2029. The securities were sold at an original offering price of $1,000 per $1,000 face amount (aggregate face amount shown $1,622,000). They pay a quarterly contingent coupon of $58.25 per $1,000 (23.30% per annum) only if the underlying stock closing price on each calculation day meets or exceeds a coupon threshold equal to 60% of the starting price. The securities may be automatically called on quarterly call dates if the closing price meets or exceeds a call threshold equal to 90% of the starting price, and they expose holders to full downside below the downside threshold (60% of the starting price). The estimated value at issuance was approximately $960 per $1,000 face amount, below the offering price.

GS Finance Corp. is offering notes fully guaranteed by The Goldman Sachs Group, Inc. The offering has an aggregate face amount of $2,693,000 and a $1,000 face amount per note. Trade date is April 20, 2026 with original issue date April 23, 2026 and stated maturity on April 24, 2031.

These are contingent‑coupon, auto‑callable notes tied to the Nasdaq‑100, Russell 2000 and S&P 500 indices. Coupons of $10.084 per $1,000 (1.0084% monthly; up to ~12.10% annually) pay only if each underlier is ≥ 70% of its initial level on observation dates. Notes are automatically called if all underliers are ≥ their initial levels on a call observation date. At maturity (if not called), cash settlement depends solely on the lesser performing underlier relative to its initial level; if that underlier is below its trigger buffer (60%), investors can lose most or all principal.

GS Finance Corp. is offering structured medium-term notes linked to the Nasdaq-100, Russell 2000 and S&P 500, with an aggregate face amount of $1,540,000. The notes pay a contingent monthly coupon of $9.167 per $1,000 when each underlier is at or above 70% of its initial level on observation dates and include an automatic call feature if every underlier equals or exceeds its initial level on any call observation date. If not called, the cash settlement at maturity for each $1,000 face amount is either $1,000 or $1,000 plus the lesser performing underlier return, exposing investors to possible loss of principal if the lesser performing underlier closes below 60% of its initial level. The notes are senior debt of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., issued April 23, 2026, with determination date and stated maturity in April 2029.

The issuer GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering principal-protected contingent monthly-coupon notes linked to the S&P 500 Index, Russell 2000 Index and the State Street® Utilities Select Sector SPDR® ETF (XLU). Coupons of $9.167 per $1,000 (0.9167% monthly, ~11% annual) will be paid on a coupon payment date only if each underlier’s closing level on the related coupon observation date is at least 70% of its initial level. The notes have an automatic call feature (first call observation date expected July 2026) and a stated maturity expected to be May 3, 2029. At maturity, if any underlier’s final level is below 70% of its initial level, the cash settlement equals $1,000 plus the lesser performing underlier return × $1,000, potentially resulting in a principal loss (less than 70% of face if the lesser performing underlier return is below -30%). The trade date is expected to be April 30, 2026, original issue date May 5, 2026, and the estimated value on the trade date is expected to be between $925 and $955 per $1,000.

GS Finance Corp. is offering leveraged S&P 500® Futures Excess Return Index‑linked notes due 2031, fully guaranteed by The Goldman Sachs Group, Inc. The notes have an upside participation rate of 220%, a trigger buffer level of 75% (a 25% trigger buffer amount), a trade date of April 29, 2026, a determination date of April 29, 2031 and a stated maturity date of May 2, 2031. Payment at maturity per $1,000 face amount is: (1) $1,000 + ($1,000 × 220% × underlier return) if the final underlier level > initial level; (2) $1,000 if final level is ≥ 75% of initial; or (3) $1,000 + ($1,000 × underlier return) if final level < 75% of initial (investor losses can equal the decline, up to a total loss). The notes pay no interest, are cash‑settled, and are exposed to issuer/guarantor credit risk, futures‑specific risks (including negative roll yield), liquidity risk, and tax uncertainty.

GS Finance Corp. is offering callable, index-linked notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Dow Jones Industrial Average Futures Excess Return Index and pay at maturity based on the index return measured from the trade date (expected April 29, 2026) to the determination date (expected April 30, 2031).

The notes have a 235% upside participation rate, an 80% buffer level (buffer amount 20%) and pay per $1,000 face amount: if final index > initial, $1,000 plus 2.35×index return; if final between 80% and 100% of initial, $1,000; if final <80% of initial, loss calculated as (index return + 20%)×$1,000. The issuer may redeem monthly beginning May 2027 at specified capped call premiums. The estimated value at pricing is stated between $885 and $925 per $1,000 face amount.

GS Finance Corp. offers index-linked notes due 2027, guaranteed by The Goldman Sachs Group, Inc. The cash payment at maturity for each $1,000 face amount is tied to the lesser performing underlier (Dow Jones Industrial Average and S&P 500). If both underliers finish above their initial levels, payment equals the lesser performing underlier return up to a maximum settlement amount of $1,210. If any underlier finishes between its initial level and the buffer level (85% of initial), you receive the face amount. If the lesser performing underlier finishes below its buffer level, you lose 1% of face for each 1% the underlier is below the buffer (buffer amount 15%). Key dates: trade date April 28, 2026, original issue date April 30, 2026, determination date July 28, 2027, and stated maturity date August 2, 2027. The notes pay no interest and are subject to the credit risk of GS Finance Corp. and its guarantor.

GS Finance Corp. offers leveraged, buffered S&P 500® Futures Excess Return Index‑linked notes due 2029, 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, include a 5% buffer, and an 187.25% upside participation rate. The notes do not pay interest, are cash‑settled per $1,000 face amount, and are subject to issuer and guarantor credit risk, market‑value volatility, roll‑yield effects from futures linking, tax uncertainty, and limited secondary‑market liquidity.

The Goldman Sachs Group, Inc. is offering callable fixed-rate medium-term notes bearing interest at 4.00% per annum, with an original issue date expected to be May 6, 2026 and a stated maturity expected to be July 6, 2027. Interest is payable on expected dates November 6, 2026, May 6, 2027 and July 6, 2027. The issuer may redeem the notes in whole, but not in part, on expected redemption dates November 6, 2026, February 6, 2027 and May 6, 2027, at a redemption price equal to 100% of principal plus accrued interest. The notes will be issued in book-entry form through DTC and generally are subject to FATCA withholding rules.

GS Finance Corp. is offering autocallable, contingent-coupon, index-linked notes due August 31, 2029, guaranteed by The Goldman Sachs Group, Inc. Per $1,000 face amount the notes pay a monthly coupon of $11.167 if each index is ≥70% of its initial level on a coupon observation date and are automatically called if all indices are ≥ their initial levels on a call observation date. If not called, the maturity payoff depends on the lesser performing index versus a 70% buffer: full principal if that index is ≥70% of its initial level, otherwise a loss equal to $1,000 × buffer rate (~142.86%) × (lesser index return + 30%). The trade date is expected to be April 28, 2026 with an original issue date expected to be May 1, 2026. The estimated value on the trade date is stated as between $919 and $959 per $1,000 face amount.

GS Finance Corp. offers $ callable Contingent Coupon Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes link to the Nasdaq-100, Russell 2000 and S&P 500 and pay a contingent monthly coupon of $10.209 per $1,000 (1.0209% monthly, up to ~12.25% per annum) only if each underlier is at or above a 70% coupon trigger level on the related observation date. The cash settlement at maturity is based solely on the lesser performing underlier relative to its initial level; if that underlier is below its 70% trigger buffer level, investors can incur substantial losses, potentially losing up to nearly their entire principal. The issuer may redeem the notes on any coupon payment date beginning in August 2026, and the stated maturity date is April 4, 2028. The notes are subject to issuer and guarantor credit risk, limited secondary-market liquidity, and uncertain U.S. federal tax treatment.

GS Finance Corp. offers autocallable contingent coupon index-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and pays a contingent quarterly coupon of $27.50 (2.75% quarterly, up to 11.00% per annum) if all three underliers meet 60% trigger levels on observation dates. The notes are linked to the Nikkei 225, the Nasdaq-100 Index® and the Russell 2000® and feature an automatic call if all underliers are at or above their initial levels on any call observation date. If not called, the cash settlement at maturity is based solely on the performance of the lesser performing underlier, and holders may lose up to their entire investment. Trade date is April 22, 2026, original issue date April 24, 2026, and stated maturity is April 26, 2029.

GS Finance Corp. priced contingent monthly coupon, auto-callable notes linked to Apple Inc. common stock. The offering totals $1,617,000 aggregate face amount with $1,000 face per note and an original issue price of 100%. The notes pay a contingent monthly coupon of $9.667 per $1,000 (0.9667% monthly, up to ~11.60% per annum) only if the underlier closes at or above the coupon trigger level (70% of the initial underlier level) on each coupon observation date. The notes will be automatically called if Apple’s closing level on any call observation date is greater than or equal to the initial underlier level ($273.05); on maturity the cash settlement depends on final underlier performance and can result in a complete loss of principal if the final level is well below the trigger buffer level (70% of initial). The notes are senior unsecured obligations of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., and bear issuer/guarantor credit risk.

GS Finance Corp. launches a primary offering of $ Trigger Autocallable Contingent Yield Notes linked to Eli Lilly common stock. The notes pay a $0.485 contingent coupon per $10 face amount each quarter (up to 19.40% per annum), have an initial underlying stock price of $903.02, and a coupon barrier/downside threshold of 75.00%. The notes may be automatically called beginning July 21, 2026 if the underlying stock closes at or above the initial price; at maturity (expected October 26, 2027) holders receive the face amount only if the final stock price is at or above the downside threshold, otherwise holders suffer principal loss tied to the stock return. Payments are unsecured obligations of GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc., and are subject to their credit risk. The estimated value at pricing is stated between $9.50 and $9.80 per $10 face amount; original issue price is 100.00% with a 1.50% underwriting discount.

GS Finance Corp. is offering Contingent Income Buffered Auto-Callable Securities linked to the common stock of Eli Lilly and Company, with a stated maturity of April 27, 2027. The notes pay a contingent monthly coupon (set at a minimum component of $16.35 per $1,000 schedule) only when the underlying closes at or above an 80.00% buffer of the initial share price and are automatically called if the underlying closes at or above the initial share price on any call observation date. If not called, principal repayment at maturity is full if final share price >= buffer; otherwise investors lose 1.25% of principal for every 1.00% decline beyond the 20.00% buffer. The initial share price was set at $903.02 (closing price on April 21, 2026).

GS Finance Corp. is offering Trigger Autocallable Contingent Yield Notes with Memory Coupon Feature due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes are linked to the least performing of the S&P 500®, Russell 2000® and EURO STOXX 50® indices and pay quarterly contingent coupons per $10 face amount determined by a formula using a coupon rate set on the trade date (between $0.2825 and $0.2875 times the number of observation dates, net of prior coupons). The notes may be automatically called beginning October 2026 if all indices close at or above their initial levels on a call observation date; if not called, principal repayment at maturity depends on whether each index is at or above an 80.00% downside threshold. If the final level of any index is below its downside threshold, the cash settlement is linked to the lesser performing index return and investors may lose a substantial portion or all of their investment. The estimated value at pricing is $9.50–$9.80 per $10 face amount; original issue price is 100% with a 2.25% underwriting discount. Trade date and key dates are expected April 23 and April 28, 2026; stated maturity expected April 26, 2029.

GS Finance Corp. offers autocallable, principal-at-risk notes due May 1, 2031 linked to the Russell 2000®, the S&P 500® and the State Street® Utilities Select Sector SPDR® ETF. The notes pay a monthly coupon of $8 per $1,000 (0.8% monthly, up to 9.6% per annum) if, on any coupon observation date, the closing level of each underlier is greater than or equal to 70% of its initial level. The notes will be automatically called on a call payment date if, on a call observation date, the closing level of each underlier is greater than or equal to its initial level (trade date expected April 28, 2026). At maturity, if not called, payment depends on the lesser performing underlier: full face if each final level is ≥ 70%; no coupon but full face if all final levels ≥ 60% and any is <70%; otherwise a principal loss tied to the worst underlier (possible receipt of less than 60% of face). The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and expose holders to issuer/guarantor credit risk. The estimated value at pricing is between $885 and $925 per $1,000 face amount.

GS Finance Corp. is offering autocallable, contingent-coupon, index-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent monthly coupon and are subject to automatic early redemption if all underliers meet call conditions.

Payments at maturity depend solely on the lesser performing underlier versus its trigger buffer; you could lose your entire investment if that underlier declines below the trigger buffer level. Trade date is April 27, 2026, original issue date April 30, 2026, and stated maturity is May 2, 2029.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured notes with an aggregate face amount of $7,073,000. The notes pay a contingent monthly coupon and are callable on scheduled quarterly call dates if all three underliers meet their initial levels. The cash payment at maturity (or upon non-call) is based solely on the lesser performing underlier (Nasdaq-100, Russell 2000, S&P 500) and uses a trigger buffer level of 70% of each initial underlier level; if the lesser performing underlier is below that buffer, holders can lose a substantial portion — potentially all — of principal. Trade date is April 17, 2026, original issue date April 22, 2026, and stated maturity date April 20, 2028.

GS Finance Corp. offers $ Buffered Digital S&P 500® Futures Excess Return Index-Linked Notes due April 29, 2031, 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 (April 24, 2026) to the determination date (April 24, 2031). For each $1,000 face amount, investors receive either (i) a threshold settlement amount of $1,587 or (ii) $1,000 plus $1,000×underlier return when the final level is at or above the initial level; if the final level is between the buffer level (80%) and the initial level investors receive $1,000; if the final level is below the buffer level, losses are amplified by a buffer rate of 125%, potentially resulting in the loss of the entire investment. The notes do not bear interest and are payable in cash; pricing and some terms will be set on the trade date.

GS Finance Corp. offers structured, non‑interest bearing notes linked to a six‑stock equally weighted basket with an automatic call feature. The notes mature April 20, 2028 (call observation date April 30, 2027) and pay for each $1,000 face amount $1,154 if automatically called. At maturity the cash settlement depends on the basket return with an upside participation rate of 125%, a buffer level of 85% and a buffer rate of approximately 117.65%. The estimated value at pricing was approximately $958 per $1,000 face amount and the original issue price was 100% with a 1.5% underwriting discount. The issuer is GS Finance Corp.; The Goldman Sachs Group, Inc. is guarantor and Goldman Sachs & Co. LLC is calculation agent.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering $1,000‑face autocallable index‑linked notes due May 5, 2031. Payments depend on the weaker performer of the S&P 500 and EURO STOXX 50, with a 70% trigger buffer and capped upside: a maturity premium of at least 53.00%. The notes pay no interest, may be automatically called on specified quarterly observation dates with stated call premiums, and expose investors to issuer/guarantor credit risk and possible loss of principal.

GS Finance Corp. offers ETF-linked notes due February 25, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay at maturity an amount tied to the lesser performing of three State Street sector ETFs and carry a 400% participation rate subject to a $1,673 maximum settlement amount per $1,000 face amount. If the lesser performing ETF finishes between 90% and 100% of its April 20, 2026 initial level, holders receive the $1,000 face amount; below 90% the payment is reduced pro rata, exposing holders to substantial principal loss. The pricing supplement states an estimated value on the trade date of $925–$955 per $1,000 face amount and identifies key dates: trade date expected April 21, 2026, original issue date expected April 24, 2026, and determination date expected February 22, 2028.

The pricing supplement describes an offering of indexed, non‑interest bearing medium‑term notes issued by GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc. The aggregate face amount offered is $8,789,000 with a face amount of $1,000 per note. Payment at maturity depends solely on the performance of the lesser performing underlier (the Dow Jones Industrial Average and the S&P 500), measured from the trade date April 17, 2026 to the determination date April 17, 2028. Each underlier has a buffer level equal to 78% of its initial level: if the lesser performing underlier finishes above its initial level you receive the positive lesser return; if each underlier finishes at or above its buffer you receive the face amount; if the lesser performing underlier finishes below its buffer you lose 1% of face per 1% decline below the buffer. The notes do not bear interest and are subject to issuer/guarantor credit risk, structuring fees (up to 0.6% of face amount), limited liquidity, and uncertain US federal tax treatment.

GS Finance Corp. is offering autocallable, contingent‑coupon equity‑linked notes due May 13, 2027, fully guaranteed by The Goldman Sachs Group, Inc.. The notes reference Class A common stock of Alphabet Inc. (GOOGL) and pay contingent quarterly coupons only if the underlier meets a coupon trigger level of 85% on observation dates. If the underlier is at or above the initial level on any call observation date, the notes will be automatically called and redeemed at par. At maturity, if not called, principal repayment depends on the final underlier level relative to an 85% buffer level and a stated buffer mechanism; investors may lose substantially or all of their investment. Trade date is April 24, 2026 and original issue date is April 29, 2026.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured notes with an aggregate face amount of $16,797,000. Each note has a $1,000 face amount, pays a contingent quarterly coupon of $21.75 per $1,000 (2.175% quarterly, up to 8.70% per annum) only if each underlier closes at or above 55% of its initial level on the related observation date. The underliers are the Russell 2000® (initial level 2,776.900) and the S&P 500® (initial level 7,126.06).

At maturity (April 22, 2031) the cash settlement per $1,000 depends solely on the lesser performing underlier: if that underlier is at or above its 55% trigger buffer level, you receive $1,000; if below, you receive $1,000 × the lesser performing underlier return, so you could lose your entire investment. The issuer may redeem the notes on coupon payment dates commencing October 2026. Payments are unsecured and subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. offers contingent monthly‑coupon, autocallable indexed notes (guaranteed by The Goldman Sachs Group, Inc.) linked to the Nasdaq‑100, Russell 2000 and S&P 500. The notes pay a contingent coupon when each underlier is ≥60% of its initial level, may be auto‑called quarterly if all underliers are ≥ initial levels, and at maturity pay an amount tied to the lesser performing underlier (you could lose your entire investment if that lesser performing underlier falls below 60%). The trade date is April 17, 2026, original issue date April 22, 2026, and stated maturity is April 20, 2028.

GS Finance Corp. is offering structured, non-interest-bearing notes linked to the common stock of Snowflake Inc. with an aggregate face amount of $900,000. The cash payment at maturity depends on the underlier return from the trade date (April 17, 2026) to the determination date (May 17, 2027) and is capped at a maximum settlement amount of $1,615 per $1,000 face amount. The notes pay 150% of upside returns up to the cap, return the face amount if the final level is within a 15% buffer (buffer level 85%), and expose holders to leveraged losses below the buffer (buffer rate ≈ 117.65%). The notes do not bear interest and are senior unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. is offering express-linked notes with an aggregate face amount of $3,341,000 that are fully guaranteed by The Goldman Sachs Group, Inc. The notes pay a cash amount tied to the Goldman Sachs Momentum Builder® Focus ER Index and feature an automatic call on specified annual observation dates with increasing call levels and call premiums.

Key economics: $1,000 face per note, 100% upside participation, initial index level 112.71, stated maturity April 24, 2034, and estimated trade‑date model value of $900 per $1,000 face plus an additional amount of $57 that declines to zero on July 16, 2026. The index is subject to a 0.65% annual deduction and may allocate heavily to hypothetical cash positions, which can limit upside. The notes do not pay interest and are subject to issuer/guarantor credit risk.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering non‑interest notes linked to an equally weighted basket of six stocks with an initial basket level of 100. The notes are callable if the basket closing level on the call observation date (expected May 7, 2027) is greater than or equal to 100, producing a call payment of at least $1,151.50 per $1,000. If not called, maturity (expected April 27, 2028) payments depend on the basket return: upside participation is 125%, there is a 15% buffer (buffer level = 85%) and a buffer rate of approximately 117.65%. The estimated value at pricing is expected to be between $900 and $930 per $1,000, below issue price. Payments are subject to issuer and guarantor credit risk and the calculation agent’s determinations.

GS Finance Corp. is offering $1,000,000 aggregate of autocallable contingent coupon ETF-linked notes due April 22, 2030, guaranteed by The Goldman Sachs Group, Inc. The notes pay a quarterly coupon of $42.125 per $1,000 (4.2125% quarterly; up to 16.85% annually) if the iShares Semiconductor ETF (initial level $415.71) is at or above 75% of that initial level on coupon observation dates. The notes are automatically called if the ETF closes at or above the initial level on any call observation date commencing April 2027. Principal at maturity depends on the ETF return with a downside buffer at 65% of the initial level and an estimated value at pricing of $987 per $1,000 face amount.

GS Finance Corp. offers structured notes (guaranteed by The Goldman Sachs Group, Inc.) linked to Snowflake, Dell Technologies Class C and Western Digital. The notes mature April 20, 2029, are subject to automatic calls beginning April 2027, and pay monthly coupons only if each index stock meets 50% trigger thresholds. The aggregate original face amount was $1,030,000; original issue price was 100% with a 1.5% underwriting discount. The estimated value at pricing was approximately $958 per $1,000 face amount. At maturity holders either receive principal (if no trigger event) or an amount tied to the lesser performing index stock (if a trigger event), potentially resulting in substantial loss of principal.

GS Finance Corp. is offering autocallable index-linked notes due 2031, guaranteed by The Goldman Sachs Group, Inc., linked to the Russell 2000 and EURO STOXX 50 indices. The notes can be automatically called on monthly observation dates; call payments range from 3.8836% upward on early call dates. If not called, the cash settlement at maturity is determined by the lesser performing underlier return, subject to a trigger buffer level equal to 75% of each underlier's initial level. The maturity payment is capped by a maturity date premium amount of 58.254% and, if the lesser performing underlier falls below its trigger buffer, investors may lose up to their entire investment. Terms such as the aggregate face amount and certain pricing details will be set on the trade date and are subject to adjustment.

GS Finance Corp. is offering principal-at-risk, quarterly‑coupon notes linked to the common stocks of Palantir, Microsoft and Oracle. The notes (trade date April 17, 2026, stated maturity April 22, 2027) pay a quarterly coupon of $49.625 per $1,000 only if each index stock on an observation date is >= 50% of its initial price. Notes are automatically called if on any call observation date each index stock is >= its initial price. At maturity holders receive face amount unless a trigger event (each final index stock price < initial price) occurs, in which case payment equals $1,000 multiplied by the lesser performing index stock return. The estimated value at pricing was approximately $981 per $1,000 face amount. Payments are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc.; holders bear issuer and guarantor credit risk.

GS Finance Corp. is offering Contingent Income Auto-Callable Securities linked to Eli Lilly common stock with an aggregate principal amount of $25,424,000. The securities were priced on April 17, 2026, issued on April 22, 2026, and mature on April 20, 2029. For each $1,000 principal, the initial share price is $927.03 and the downside threshold is $556.218 (60.00% of the initial share price). Coupons are contingent quarterly and equal, in formula form, to the product of $28.375 times the number of coupon observation dates elapsed minus prior coupons; coupons and principal are payable only if observation-date or final prices meet thresholds. The securities are principal-at-risk: if the final share price is below the downside threshold the payment equals $1,000 multiplied by the share performance factor (final/initial), potentially resulting in a significant loss. The securities may be automatically called on a call observation date if the closing price is greater than or equal to the initial share price, in which case holders receive $1,000 plus the contingent coupon then due. Estimated model value at issuance was approximately $975 per security; original issue price was 100% with an underwriting discount of 2.25% ($572,040).

GS Finance Corp. is offering leveraged, S&P 500® Futures Excess Return Index‑linked notes due April 29, 2031, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and an upside participation rate of 139%. On the stated maturity date the cash payment per $1,000 face amount will be: if the final underlier level is greater than the initial underlier level, $1,000 plus $1,000 × 139% × the underlier return; if the final underlier level is equal to or less than the initial underlier level, $1,000. The underlier is the S&P 500® Futures Excess Return Index (E‑mini S&P 500 futures exposure), with performance measured from the trade date April 24, 2026 to the determination date April 24, 2031. Notes do not pay interest and are subject to issuer and guarantor credit risk, market‑value volatility, negative roll/contango effects on the futures‑based underlier, possible limited secondary market liquidity, and complex U.S. federal tax treatment as contingent payment debt instruments.

GS Finance Corp. is offering structured medium-term notes linked to the S&P 500® Index with cash payment at maturity determined by the index performance from the trade date to the determination date. The notes pay no interest and are fully guaranteed by The Goldman Sachs Group, Inc.

If the final underlier level is greater than or equal to 90% of the initial level (the buffer level), each $1,000 face amount pays a capped maximum settlement amount of $1,092.50. If the final underlier level is below the buffer level, losses amplify: the buffer rate (~111.11%) multiplies the shortfall and you can lose up to your entire investment. Trade date: April 17, 2026; original issue date: April 22, 2026; determination date: April 30, 2027; stated maturity date: May 5, 2027. Original issue price is 100% of face amount (underwriting discount 1%, net proceeds 99%).

GS Finance Corp. is offering linked notes—fully guaranteed by The Goldman Sachs Group, Inc.—whose cash payment at maturity depends on the S&P 500® Index performance from the trade date to the determination date. The notes have a face amount of $1,000 each, aggregate face amount $632,000, no periodic interest, and a maximum settlement amount of $1,492.

Trade date is April 17, 2026, original issue date April 22, 2026, determination date October 17, 2031 and stated maturity October 22, 2031. If the final index level exceeds the initial level the payoff equals the underlier return subject to the $1,492 cap; if the final index level is equal to or below the initial level, you receive the face amount. The notes price at 100% of face; underwriting discount is 3%, net proceeds 97%.

GS Finance Corp. offers indexed callable notes linked to EQT Corporation stock with a stated maturity of May 20, 2027. The prospectus supplement describes $361,000 aggregate face amount initially issued, a coupon of $10.917 per $1,000 when the index stock closes at or above 67% of the initial price, an initial index stock price of $58.48, and automatic call rights starting October 2026. The cash settlement at maturity depends on the final index stock return versus a 67% trigger; estimated value at pricing was approximately $986 per $1,000 face amount.

GS Finance Corp. offers structured, non‑interest bearing notes linked to a four‑asset, unequally weighted basket. The notes have an aggregate face amount of $2,825,000 on original issue, an original issue date of April 22, 2026, and a stated maturity of April 22, 2031. The basket is 40% S&P 500®, 30% Russell 2000®, 20% iShares MSCI EAFE ETF and 10% iShares MSCI Emerging Markets ETF. Notes are automatically called on the call observation date April 26, 2027 if the basket closing level is greater than or equal to the initial basket level (100), producing a fixed cash payment of $1,100 per $1,000 face amount. At maturity the cash payoff depends on the final basket level: there is a 180% upside participation when the basket return is positive, a full return of principal if the final basket level is between 65% and 100% of initial, and pro rata loss if the final basket level is below 65% (the trigger buffer).

GS Finance Corp. offers $7,780,500 aggregate face amount of Trigger Autocallable Notes linked to the S&P 500® Index, due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes may be automatically called on quarterly call observation dates; cash repayment at maturity is contingent on the final index level versus a 75.00% downside threshold. Trade date is April 17, 2026, original issue date April 22, 2026, determination date April 17, 2028, and stated maturity April 20, 2028. The notes pay no coupons, carry credit risk of GS Finance Corp. and Goldman Sachs, and have an estimated value of approximately $9.77 per $10 face amount on the trade date.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured, autocallable notes linked to Lumentum, Meta Platforms Class A and Western Digital. The notes mature April 20, 2029, are subject to automatic call beginning April 2027, and pay a contingent monthly coupon formula of $20.5 per $1,000 face when each index stock meets a 50% trigger threshold on observation dates.

At maturity, if a trigger event (all final prices below initial prices) occurs, the cash payment depends on the worst-performing index stock and could be significantly less than principal; estimated initial value is approximately $942 per $1,000.

The prospectus supplement describes GS Finance Corp. floating-structure, non‑interest notes linked to an equally weighted basket of eight stocks with an initial basket level of 100. The notes mature on April 20, 2028 (determination date April 17, 2028) and have an automatic call feature on April 30, 2027 with a capped call payment of $1,191 per $1,000 face amount.

At maturity, payments depend on the final basket level: a 125% upside participation rate applies to positive returns; a buffer protects against declines up to 15% (buffer level 85%, buffer rate ≈117.65%); larger declines reduce principal. The estimated value on the trade date was approximately $952 per $1,000 face amount. Payments are subject to issuer and guarantor credit risk; Goldman Sachs & Co. LLC is the calculation agent.