Goldman Sachs Group Inc. 424B Filings

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal-at-risk notes linked to the EURO STOXX 50® Index that mature on April 22, 2031. For each $1,000 face amount, investors receive either $1,000, an upside-linked payment equal to $1,000 plus 186.5% of the index return, or a loss equal to the index decline below 70% of the initial level. The notes pay no interest, are subject to issuer and guarantor credit risk, have an original issue price equal to face amount, and include a structuring fee in the underwriting discount. The aggregate face amount initially offered is $2,755,000. Terms reference an initial underlier level of 6,057.71 and a determination date of April 17, 2031. These notes may result in total loss of principal if the final index level is below the trigger buffer level.

GS Finance Corp. is offering callable, equity‑linked medium‑term notes tied to the common stock of Snowflake Inc. The notes have a face amount of $1,000 per note, mature on April 20, 2028, and may be automatically called on April 29, 2027 for $1,295 per $1,000 if the closing price of Snowflake equals or exceeds the initial index stock price of $143.55. If not called, payoff at maturity depends on the final index stock price versus the initial index stock price, with a threshold settlement amount of $1,590, full return down to a buffer of 60% of the initial price, and a buffer rate of approximately 166.67% below that level. The notes do not bear interest; estimated value on the trade date was approximately $980 per $1,000 face amount. The offering bears the credit risk of GS Finance Corp. and is guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. is offering Autocallable Goldman Sachs Momentum Builder® Focus ER Index-Linked Notes due 2033, guaranteed by The Goldman Sachs Group, Inc.. The notes have a $1,000 face amount per note, a 100% upside participation rate, a call level of 101.25%, and a stated maturity of May 5, 2033. Trade date is April 30, 2026 and original issue date is May 5, 2026. The notes are automatically called if the index closing level meets or exceeds the call level on any annual call observation date; scheduled call premiums range from 10.00% (first call) to 60.00% (sixth call). The notes reference the Goldman Sachs Momentum Builder® Focus ER Index, which applies daily rebalancing, a 5% realized volatility control and a deduction rate of 0.65% per annum (accruing daily). GS&Co.'s estimated value on the trade date is between $850 and $880 per $1,000 face amount. The notes are unsecured senior debt under the GSFC 2008 indenture; payments depend on index performance and the issuer/guarantor creditworthiness.

GS Finance Corp. issues Nasdaq-100 Index®-linked, principal-at-risk notes guaranteed by The Goldman Sachs Group, Inc. The notes have a $1,000 face amount per note and measure Nasdaq-100 performance from an initial level of 26,590.34 (set April 20, 2026) to the determination date (expected May 4, 2027) with a stated maturity expected on May 7, 2027. Investors receive at maturity either (a) if the underlier return is positive, $1,000 plus the participation amount up to a maximum settlement amount of $1,086.90 per $1,000 face amount (cap level 108.69%), or (b) if the underlier return is zero or negative, the greater of a minimum settlement amount of $950 or $1,000 plus the index return times $1,000. The notes pay no interest, are unsecured obligations subject to the issuer’s and guarantor’s credit risk, and have an estimated initial value between $900 and $930 per $1,000 face amount at pricing.

GS Finance Corp. priced an offering of $10,265,000 aggregate Buffered Participation Securities due April 22, 2032, with a pricing date of April 17, 2026. The securities reference an equally weighted basket of the S&P 500® and the Dow Jones Industrial Average®.

Key terms: buffer amount 19.00%; minimum payment at maturity $190.00 per $1,000 principal (19%); estimated value approximately $967 per $1,000; underwriting discount 2.33%.

GS Finance Corp. is offering buffered, non‑interest bearing notes tied to the Dow Jones Industrial Average and the S&P 500. The pricing supplement covers an aggregate face amount of $1,315,000 and $1,000 face amount notes issued April 22, 2026 maturing April 20, 2029. The cash settlement at maturity is based solely on the lesser performing underlier: if both underliers finish above their initial levels, you receive $1,000 plus the lesser performing underlier return; if any underlier finishes below its initial level but at or above its 82% buffer level, you receive $1,000; if the lesser performing underlier finishes below 82% of its initial level, you suffer losses proportional to the shortfall (buffer amount 18%, buffer rate 100%). The notes pay no interest, are subject to issuer and guarantor credit risk, and carry an underwriting discount of 2.5% (plus up to 0.8% structuring fee).

GS Finance Corp. offers callable, equity‑linked medium‑term notes due April 22, 2031 guaranteed by The Goldman Sachs Group, Inc. Each $1,000 face amount may pay a monthly coupon of $10 (1% monthly) only if the closing price of each reference stock (ServiceNow, Oracle, HubSpot) on the coupon observation date is at least 62% of its initial price. The notes are redeemable at the issuer’s option on monthly coupon dates beginning October 2026. The estimated value on the trade date was approximately $980 per $1,000 face amount; original issue price is 100% of face amount.

GS Finance Corp. issued capped, buffered notes linked to the S&P 500® Index with $9,776,000 aggregate face amount. The notes pay no interest and settle in cash at maturity. If the final index level is ≥ initial, holders receive the index return up to a cap of $1,193.50 per $1,000. If the final level is down but within a 20% buffer, the notes pay the absolute value of the index decline. If the final level is below the 80% buffer level, losses are amplified at a buffer rate of 125%, and investors could lose their entire investment. Trade date: April 17, 2026; original issue date: April 22, 2026; determination date: April 17, 2028; stated maturity date: April 20, 2028.

GS Finance Corp. priced a $6,916,000 offering of medium‑term notes linked to NVIDIA Corporation ("NVDA"). The notes pay no interest, automatically redeem early if the underlier closes at or above the initial level on the call observation date and provide a capped call payment of $1,285 per $1,000 if called. At maturity, if not called, payoff depends on final underlier performance: enhanced upside at a 150% participation rate above the initial level, principal protection down to a 70% trigger buffer, and full downside below that (investors can lose their entire investment). The notes are senior unsecured obligations of GS Finance Corp., unlisted, fully guaranteed by The Goldman Sachs Group, Inc., and subject to issuer/guarantor credit risk and structuring fees.

GS Finance Corp. is offering $2,626,000 aggregate face amount of cash-settled, non-interest bearing notes guaranteed by The Goldman Sachs Group, Inc. The notes pay at maturity based on the S&P 500 Futures Excess Return Index (Bloomberg: SPXFP Index) from the trade date April 17, 2026 to the determination date April 17, 2031, with a stated maturity of April 22, 2031.

Key economics: 300% upside participation subject to a $1,893 maximum settlement per $1,000 face amount, a 70% trigger buffer (30% buffer amount), and full principal loss if the final underlier level declines below the trigger buffer. Original issue price is 100% of face with a 1.125% underwriting discount (net proceeds 98.875%).

GS Finance Corp. is offering callable, principal-at-risk notes guaranteed by The Goldman Sachs Group, Inc. linked to the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index. The notes pay a contingent monthly coupon of $8.334 per $1,000 if all underliers meet 60% trigger levels on each observation date. Notes are automatically called if all underliers close at or above their initial levels on a call observation date; otherwise the maturity payout depends on the lesser performing underlier and may result in a total loss of principal. Trade date is April 17, 2026 and stated maturity is April 20, 2029. The offering size shown is $2,000,000 aggregate face amount.

GS Finance Corp. is offering structured, non‑interest bearing notes linked to the common stock of Delta Air Lines, Inc. and United Airlines Holdings, Inc. The notes have an original issue price of 100% and may be automatically called on April 19, 2027 if each underlying stock closes at or above its initial price, producing a capped cash payment of $1,355 per $1,000 face amount on the call payment date. If not called, the maturity payoff on April 20, 2029 depends on the performance of the lesser performing stock: upside participation is 150% when both final prices exceed their initial prices; a protected absolute positive payoff applies when final prices remain at or above 55% of initial prices; but losses occur 45%) if any final price drops below 55% of its initial price. Estimated value at pricing was approximately $989 per $1,000.

GS Finance Corp. is offering autocallable S&P 500® index-linked notes, guaranteed by The Goldman Sachs Group, Inc., with principal mechanics tied to the S&P 500 closing levels on specified observation dates. For each $1,000 face amount, the notes pay at least $1,109 if automatically called; otherwise payments at maturity depend on the initial underlier level, the final underlier level and a 150% upside participation rate. The notes do not bear interest, carry issuer and guarantor credit risk, an estimated value of $900–$930 per $1,000 face amount at pricing, and may result in total loss of principal if the final underlier level falls more than 20% below the initial underlier level.

GS Finance Corp. is offering Autocallable S&P 500® Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, may be automatically called on the call observation date, and provide conditional upside participation tied to the S&P 500® Index.

Key economic features: automatic call pays $1,100 per $1,000 if the underlier closes at or above the initial level on the call observation date; upside participation is at least 200%; a 10% buffer and buffer rate of approximately 111.11% apply to downside outcomes. Trade date is April 24, 2026, original issue date April 29, 2026, and stated maturity date April 27, 2028.

GS Finance Corp. is offering autocallable contingent coupon equity-linked notes due May 13, 2027, guaranteed by The Goldman Sachs Group, Inc.. Payments depend on the performance of NVIDIA common stock (ticker: NVDA). Coupons are contingent quarterly payments if the underlier closes at or above 80% of the initial level; notes are automatically called if the underlier closes at or above the initial level on call observation dates. Principal at maturity can be lost if the final underlier level is below the 80% buffer; the payout formula applies a 125% buffer rate. Original issue price is 100% of face; underwriting discount 1%.

GS Finance Corp. offers $1,456,000 of $10 face amount Trigger Autocallable Contingent Yield Notes due April 21, 2027, guaranteed by The Goldman Sachs Group, Inc. The notes pay a quarterly contingent coupon of $0.28 per $10 face amount (up to 11.20% per annum) only if Devon Energy Corporation's closing stock price meets or exceeds a 65% coupon barrier on observation dates. Commencing July 16, 2026, the notes are automatically called if Devon's closing price on a call observation date is at or above the initial stock price of $45.78, in which case holders receive $10 plus the relevant contingent coupon.

If not called and the final price on the determination date is below the 65% downside threshold, principal repayment is reduced proportionally to the stock return and investors can lose a significant portion or all of their investment. Payments (coupons and principal) are subject to the creditworthiness of GS Finance Corp. and The Goldman Sachs Group, Inc. The estimated model value at trade date was approximately $9.66 per $10 face amount, below issue price.

GS Finance Corp. is offering structured, non‑interest bearing notes linked to the S&P 500® Index with an aggregate face amount of $7,793,000. Each $1,000 note pays at maturity either (a) $1,000 plus 200% of the index gain up to a maximum settlement amount of $1,124, (b) $1,000 if the final index level is at or above 90% of the initial level, or (c) a reduced cash payment if the final index level is below the 90% buffer (losses equal the buffer rate times the decline beyond the buffer).

Key dates include trade date April 17, 2026, original issue date April 22, 2026, determination date April 19, 2027 and stated maturity date April 22, 2027 (subject to adjustment). The notes are senior unsecured obligations of GS Finance Corp., unlisted, fully guaranteed by The Goldman Sachs Group, Inc., and their estimated model value is lower than the original issue price.

GS Finance Corp. offers indexed structured notes linked to the common stock of EQT Corporation (initial index stock price $58.48). Each $1,000 note pays a monthly coupon of $12.959 if the index stock closes at or above 67% of the initial price on an observation date. Notes mature on May 20, 2027 unless automatically called beginning in October 2026 if the index stock closing price on a call observation date is greater than or equal to the initial index stock price. At maturity, if the final index stock price is below the 67% trigger buffer, the cash settlement equals $1,000 plus the index stock return times $1,000, which can result in receiving less than 67% of principal. The notes are unsecured obligations of GS Finance Corp. and are guaranteed by The Goldman Sachs Group, Inc.; payments are subject to issuer and guarantor credit risk.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering contingent‑coupon, autocallable notes linked to the Nasdaq-100, Russell 2000 and S&P 500. The notes pay a monthly contingent coupon of $6.875 per $1,000 (0.6875% monthly, up to 8.25% per annum) when each underlier meets a 70% coupon trigger. The notes will be automatically called if all underliers close at or above their initial levels on any call observation date. At maturity (if not called), principal repayment depends on the lesser performing underlier: if that underlier is below 70% of its initial level, investors can suffer substantial principal loss, including loss of the entire investment.

GS Finance Corp. is offering Autocallable Contingent Coupon Index-Linked Notes due April 27, 2029, guaranteed by The Goldman Sachs Group, Inc.. Each $1,000 note can pay a contingent monthly coupon of $10.834 if every underlier meets its coupon trigger (70% of initial level). The notes are linked to the Nasdaq-100, Russell 2000 and S&P 500; automatic call and coupon triggers use the initial and observation-date closing levels. At maturity (if not called) the cash settlement per $1,000 is $1,000 if the final level of the lesser performing underlier is ≥70% of its initial level, otherwise you receive $1,000 × the lesser performing underlier return, which could result in a total loss of principal.

GS Finance Corp. is offering S&P 500® Index-Linked Notes due 2027, guaranteed by The Goldman Sachs Group, Inc.. Each note has a $1,000 face amount and pays at maturity an amount tied to the S&P 500 performance from the trade date to the determination date, subject to a maximum upside settlement amount of $1,100 and a trigger buffer level expected to be at most 79.8%. If the final index level is below the trigger buffer level, investors lose an amount equal to the underlier return times the face amount and could lose their entire investment. The notes pay no periodic interest. Trade date is April 24, 2026, original issue date April 29, 2026, determination date May 7, 2027, and stated maturity date May 12, 2027. The original issue price is 100% of face with a 1% underwriting discount (net proceeds 99%).

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured notes linked to the EURO STOXX 50®, the S&P 500® and the State Street® Technology Select Sector SPDR® ETF. The notes pay a monthly coupon of $8.75 per $1,000 face amount if each underlier is at or above 60% of its initial level on coupon observation dates, are subject to automatic call beginning May 2027, and mature on the stated maturity date expected to be May 7, 2029. At maturity, if any underlier is below 60% of its initial level, the cash settlement depends on the lesser performing underlier and may result in a substantial loss of principal. The estimated value at pricing is between $925 and $955 per $1,000 face amount, below the original issue price.

GS Finance Corp. is offering $36,444,000 aggregate face amount of autocallable, buffered S&P 500® index-linked notes due April 20, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, carry an automatic call if the S&P 500 on the call observation date (April 30, 2027) is ≥ the initial level 7,126.06, and would pay $1,095.20 per $1,000 if called. If not called, maturity payoffs depend on the final index level on the determination date (April 17, 2028): a capped upside (threshold settlement $1,190.40 per $1,000 and 100% participation) if the final level ≥ initial, return of principal if final level declines ≤ 15%, and downside exposure below that buffer (buffer rate ≈ 117.65%) that can materially reduce principal. Trade date was April 17, 2026; original issue date April 22, 2026. The estimated value at pricing was approximately $983 per $1,000 face; original issue price is 100% with a 1.5% underwriting discount (net proceeds 98.5%). The notes are unsecured obligations and subject to issuer and guarantor credit risk.

GS Finance Corp. is offering structured medium-term notes (aggregate face amount $4,073,000) that pay a contingent monthly coupon of $7.709 per $1,000 (0.7709% monthly, potential up to ~9.25% per annum) subject to coupon trigger tests.

Payments and principal at the stated maturity (April 24, 2029) depend on the performance of the lesser performing underlier (Dow Jones Industrial Average, Nasdaq-100, Russell 2000). Notes are automatically called if each underlier meets or exceeds its initial level on a call observation date. Investors bear issuer/guarantor credit risk and may lose their entire investment if the lesser performing underlier falls below the trigger buffer level. Trade date: April 17, 2026; original issue date: April 22, 2026.

GS Finance Corp. is offering index-linked notes due April 27, 2027, guaranteed by The Goldman Sachs Group, Inc., with an aggregate face amount of $44,732,000 on the original issue date. The notes reference the S&P 500®, the Dow Jones Industrial Average® and the S&P 500® Equal Weight Index and pay at maturity based on the performance of the lesser performing underlier. If each final index level is ≥75% of its initial level (initial levels set on the trade date April 17, 2026), holders receive the maximum settlement amount of $1,080 per $1,000 face amount. If any index finishes below 75% of its initial level, investors incur losses (approximately 1.3333% loss of face amount per 1% decline below the 75% threshold), potentially losing the entire investment. The original issue price is 100% of face; the estimated value at pricing was approximately $997 per $1,000. The offering includes an underwriting discount of 0.2% (net proceeds 99.8% of face). The securities do not bear interest and are subject to issuer and guarantor credit risk, tax uncertainty, and limited liquidity.

GS Finance Corp. offers $6,006,000 face amount of medium-term contingent coupon notes, fully guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent quarterly coupon of $18.375 per $1,000 (1.8375% quarterly; up to 7.35% per annum) if each underlier is at or above its coupon trigger (55% of initial level) on the related observation date. At maturity (stated maturity April 22, 2031), the cash settlement per $1,000 depends on the performance of the lesser performing underlier (Russell 2000 and S&P 500), with full principal returned only if that underlier is ≥ its trigger buffer level (55% of initial). The issuer may redeem in whole on coupon payment dates beginning October 22, 2026. The notes are subject to issuer and guarantor credit risk, limited upside at maturity, possible complete loss of principal, tax uncertainty, and limited secondary-market liquidity.

GS Finance Corp. offers structured, MSFT-linked contingent coupon notes with an aggregate face amount of $11,335,000. The notes pay quarterly contingent coupons and are subject to automatic call if Microsoft’s closing level on a call observation date is at or above the initial level of $422.79. At maturity the cash settlement depends on the final underlier level relative to a 70% trigger buffer; investors may lose their entire investment if the final level is below the trigger buffer.

GS Finance Corp. offers contingent quarterly-coupon, auto-callable notes linked to the S&P 500 Index. The pricing supplement sets an aggregate face amount of $780,000, an original issue price of 100% of face amount, a quarterly coupon of $20.125 per $1,000 (2.0125% quarterly, up to 8.05% per annum) payable only if the underlier is at or above a 70% coupon trigger level on each observation date. The notes are automatically called if the S&P 500 closes at or above the initial level on any call observation date; otherwise the cash settlement at maturity depends on the final underlier level and can result in total loss of principal. The notes are senior unsecured obligations of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. priced callable, buffer-structured notes linked to the S&P 500® Futures Excess Return Index. The offering aggregates $2,117,000 of face amount with an original issue price of 100% and a stated maturity of April 24, 2031. The notes pay no interest, carry credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., and include an automatic call feature on annual observation dates. If not called, maturity payoffs depend on the final underlier level versus a 20% buffer (buffer level = 80% of initial). The maturity payoff is capped (maturity date premium = 55.00%) and losses can be substantial if the final underlier level falls below the buffer.

GS Finance Corp. offers $3,745,000 face amount of principal-at-risk notes linked to the EURO STOXX 50® Index, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, carry a 150% upside participation rate, a trigger buffer at 80% of the initial level, and may be automatically called on the call observation date for a fixed call payment of $1,208 per $1,000 face amount if the underlier closes at or above the initial level.

The notes mature in April 2029, are cash-settled, and expose investors to issuer/guarantor credit risk and complete downside principal loss if the final underlier level is below the trigger buffer.

GS Finance Corp. is offering Buffered Digital S&P 500 Index-Linked Notes due 2027 guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity depends on the S&P 500 performance from the April 24, 2026 trade date to the May 7, 2027 determination date.

If the final underlier level is at or above the buffer level (85%), holders receive a capped $1,076.40 maximum settlement per $1,000 face amount. If the final level is below 85%, holders lose approximately 1.1765% of face for each 1% decline below the buffer and could lose their entire investment.

GS Finance Corp. offers indexed notes linked to Amazon.com, Inc. common stock with an aggregate face amount of $5,190,000. The notes pay no interest, may be automatically called on April 30, 2027 if the closing price of AMZN is ≥ the initial index stock price of $250.56, producing a capped cash payment of $1,196.50 per $1,000 on the call payment date (May 5, 2027).

If not called, maturity is April 20, 2028, with cash at maturity tied to the final index stock price on the determination date (April 17, 2028). The threshold settlement amount is $1,393 per $1,000, upside participation is 100%, and a buffer protects losses up to 15% (buffer rate ≈ 117.65%). The estimated value at pricing was approximately $982 per $1,000; original issue price is 100% with an underwriting discount of 1.5% (net proceeds 98.5%).

Payments are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.; holders can lose up to their entire investment if the final index stock price falls below the buffer level.

GS Finance Corp. offers $ Trigger Autocallable Contingent Yield Notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay quarterly contingent coupons (set on the trade date) only if both the Russell 2000® and EURO STOXX 50® close at or above their coupon barriers on each observation date, and include an automatic call feature beginning October 2026.

If not called, principal repayment at maturity depends on the lesser performing index: if each index is at or above a 60% downside threshold you receive $10 per $10 face amount (plus any final coupon); if the lesser performing index is below 60% you receive a reduced cash settlement linked to that index return and may lose a substantial portion or all of your investment. Estimated value on the trade date is between $9.50 and $9.80 per $10 face amount; original issue price is 100% with a 2.25% underwriting discount.

GS Finance Corp. offers medium-term, S&P 500®-linked principal-protected notes due October 22, 2030. Each $1,000 face amount pays no interest and at maturity will return either the face amount or a positive payment equal to the underlier return, capped at a maximum settlement amount of $1,465. The notes reference the S&P 500 Index (initial level 7,126.06) with a determination date of October 17, 2030. The offering shows an aggregate face amount of $2,008,000, original issue price of 100%, and a structuring fee up to 0.8%. The notes are senior obligations of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., and will be treated as contingent payment debt instruments for U.S. federal income tax purposes.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering notes linked to the VanEck Gold Miners ETF and the iShares® Silver Trust that mature January 24, 2029, subject to automatic call on observation dates commencing October 2026. Coupons (up to 1.3334% monthly) are paid only when both ETFs meet coupon trigger levels (80% of initial levels). At maturity the cash payment depends on the lesser performing ETF versus buffer (85% of initial); losses occur if the lesser performing ETF falls below buffer and full principal loss is possible if it falls below 80% of initial. The estimated value on the trade date is approximately $945 per $1,000 face amount; original issue price is 100% with a 2.75% underwriting discount.

GS Finance Corp. priced structured notes (aggregate face amount $9,294,000) linked to the S&P 500® Index. The notes pay no interest, can be automatically called (call observation date April 30, 2027) and, if called, pay $1,100 per $1,000 face amount on the call payment date. If not called, maturity is April 20, 2028 and the cash settlement at maturity depends on the S&P 500 performance versus the initial level of 7,126.06. The notes feature an upside participation rate of 206%, a buffer level of 90% and a buffer rate of ~111.11%. The notes do not bear interest and investors could lose their entire investment if the final underlier level is below the buffer.

GS Finance Corp. is offering autocallable EURO STOXX 50® index-linked notes due 2028, fully guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, include an automatic call feature that can redeem the notes early, and provide upside participation of 125% with a 15% buffer (buffer level = 85%). If automatically called on the call observation date, the call payment example listed is $1,143 per $1,000 face amount. The notes are subject to issuer and guarantor credit risk, market and foreign-market risks tied to the EURO STOXX 50® index, and uncertain U.S. federal tax treatment; the pricing supplement is subject to completion.

GS Finance Corp. is offering Trigger Autocallable Notes linked to the Russell 2000® Index, guaranteed by The Goldman Sachs Group, Inc. The notes pay no coupons, have a $10 face amount, and may be automatically called on quarterly observation dates if the index closes at or above the autocall barrier (100.00% of the initial level). If called, investors receive the face amount plus a call return determined on the trade date (per annum range shown). If not called, maturity payoff is contingent: investors receive $10 at maturity only if the final index level is >= the downside threshold (75.00%); if below, repayment is reduced pro rata by the index return and investors could lose all principal. Trade date is expected April 24, 2026, original issue date April 29, 2026, and stated maturity April 29, 2031. The estimated value on the trade date is between $9.35 and $9.65 per $10 face amount; original issue price is 100% of face with an underwriting discount of 2.50%. Minimum purchase is $1,000. Payments are subject to GS Finance Corp. and Goldman Sachs credit risk and the notes may have little or no secondary market.

The offering prices S&P 500®-linked callable-style buffer notes issued by GS Finance Corp. and fully guaranteed by The Goldman Sachs Group, Inc. in an aggregate face amount of $7,915,000. The notes pay no interest and mature on April 22, 2031. The cash settlement depends on the arithmetic average of the S&P 500 closing levels on five averaging dates in April 2031 versus the initial underlier level (7,126.06). A 37% trigger buffer (trigger buffer level = 63% of the initial underlier level) protects principal only if the final level stays above that buffer; below that level investors suffer a proportional loss and could lose their entire investment. Original issue price is 100% of face amount; underwriting discount is 3%, net proceeds 97%.

GS Finance Corp. is offering Leveraged S&P 500® Index-Linked Notes due 2027 guaranteed by The Goldman Sachs Group, Inc.. The payment at maturity depends on the S&P 500 performance from the trade date to the determination date: if the final level exceeds the initial level, holders receive the face amount plus the upside participation rate (capped by the maximum settlement amount); if the final level is equal to or below the initial level, holders suffer a proportional loss of principal. Key terms shown include a $10 face amount, a 300% upside participation rate, a $11.35 maximum settlement amount, a trade date of April 27, 2026, determination date of April 28, 2027, and stated maturity date of May 3, 2027. The notes pay no interest, are subject to issuer and guarantor credit risk, and may result in a total loss of principal.

GS Finance Corp. is offering $26,129,730 aggregate face amount of Trigger Autocallable GEARS linked to the EURO STOXX 50® Index due April 21, 2031, guaranteed by The Goldman Sachs Group, Inc. The securities pay no coupons, may be automatically called on April 26, 2027 if the index closes at or above the autocall barrier (100.00% of the initial level), and otherwise pay at maturity based on the final index level and an upside gearing of 1.50. The downside threshold is 75.00% of the initial index level, below which holders suffer proportional losses and could lose their entire investment. Trade date and pricing were set on April 17, 2026; the estimated model value was approximately $9.63 per $10 face amount while the original issue price is 100% of face amount. Payments are unsecured obligations of GS Finance Corp. and dependent on issuer and guarantor creditworthiness.

GS Finance Corp. offers structured principal-at-risk notes linked to the State Street® SPDR® S&P® Bank ETF and the VanEck Semiconductor ETF, with The Goldman Sachs Group, Inc. guarantying payments. The notes pay a monthly coupon of $8.584 per $1,000 face amount when both ETFs close at or above 75% of their initial levels on coupon observation dates. The notes mature January 24, 2029, unless automatically called on a call observation date (Oct 2026–Dec 2028) when both ETFs close at or above 95% of initial levels, in which case holders receive face amount plus the coupon on the next payment date. At maturity, if not called, the cash settlement depends on the lesser performing ETF return versus its initial level, with a 25% buffer: if the lesser performing ETF is >=75% of its initial level, holders receive $1,000 plus final coupon; if below 75%, holders receive $1,000 plus (($LesserReturn+25%)*$1,000), which can result in significant loss of principal. The estimated value on the trade date is approximately $964 per $1,000 face amount and the original issue price is 100% with a 3.5% underwriting discount, net proceeds 96.5% of face amount.

The Goldman Sachs Group, Inc. is issuing fixed-rate senior notes with a $3,000,000 principal amount. The notes carry a 5.00% per annum coupon, pay interest semiannually on April 21 and October 21, begin accruing from the original issue date of April 21, 2026, and mature on April 21, 2033. The notes are issued at 100% of principal (original issue price), with an underwriting discount of 0.383% and net proceeds to the issuer of 99.617% of principal. The notes will be issued in book-entry form, will not be listed on any exchange, and settlement is through DTC.

The Goldman Sachs Group, Inc. is offering Fixed Rate Notes with a principal amount of $2,150,000. The notes carry a 4.85% per annum fixed interest rate, pay interest semiannually on April 21 and October 21, and have a stated maturity date of April 21, 2033. The original issue price is 100% of principal with an underwriting discount of 0.9% and net proceeds to the issuer of 99.1% of principal. The notes will be issued in book-entry form as a master global note registered in the name of DTC and will not be listed on any exchange. The offering is part of the issuer’s Medium-Term Notes, Series N program and will be distributed by Goldman Sachs & Co. LLC.

The Goldman Sachs Group, Inc. is offering fixed rate medium-term notes with an aggregate principal amount of $5,624,000. The notes bear interest at 4.375% per annum, accrue from the original issue date of April 21, 2026, and mature on April 23, 2029. Interest is payable semiannually on April 21 and October 21, commencing October 21, 2026, with the April 2029 payment falling on the stated maturity date. The notes were issued at 100% of principal with an underwriting discount of 0.33% and net proceeds to the issuer of 99.67% of principal. The notes will not be listed on any exchange and will be issued in book-entry form through DTC. The calculation agent is Goldman Sachs & Co. LLC.

The Goldman Sachs Group, Inc. is offering Callable Fixed Rate Notes due April 21, 2035 with a 5.35% per annum coupon, issued April 21, 2026 and paying interest semiannually on April 21 and October 21. The issuer may redeem the notes in whole (not in part) on quarterly redemption dates beginning April 21, 2028 at 100% of principal plus accrued interest, with at least five business days' prior notice. The initial public offering price is 100% per note; aggregate principal offered is $15,853,000, underwriting discount is 1% ($158,530), and estimated issuer expenses (excluding underwriting) are about $15,000.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering Autocallable Leveraged Index Return Notes linked to Palantir Technologies Class A stock. The notes have a roughly two-year term if not called and an automatic call feature about one year after pricing. If called, investors receive $10 plus a Call Premium of $2.60–$3.00 (Call Payment $12.60–$13.00). If not called, holders receive 150.00% participation in upside above the Starting Value, a limited absolute-return feature for declines down to a Threshold Value of 60.00%, and full 1:1 downside below that threshold, placing up to 100% of principal at risk. Estimated initial value is $9.25–$9.55 per $10 unit; public offering price is $10. Minimum initial purchase is $100,000. All payments are subject to issuer and guarantor credit risk and limited secondary-market liquidity.

GS Finance Corp. offers $1,000 face amount Autocallable Equity-Linked Notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes reference Palo Alto Networks, Inc. stock with a 150% upside participation rate, a 65% trigger buffer level and an automatic call feature that pays $1,189 per $1,000 if the underlier is at or above the initial level on the call observation date. If not called, maturity payoffs vary: gains if the final level is at or above the initial level, a positive cash payment equal to the absolute underlier return if the final level is below initial but at or above the 65% trigger, and a proportional loss (underlier return × $1,000) if the final level is below the trigger. The notes pay no interest, are subject to issuer and guarantor credit risk, and may lose the entire investment if the final underlier level is below the trigger buffer level. Trade date is May 1, 2026, original issue date May 6, 2026, call observation date May 3, 2027, and stated maturity May 4, 2029.

GS Finance Corp. offers structured notes linked to Micron, Broadcom and AMD with an automatic call feature and principal at-risk. The notes pay a fixed monthly coupon of $13.5 per $1,000 (1.35% monthly, up to 16.2% annually) and may be automatically redeemed if each index stock closes at or above its initial price on scheduled call observation dates. If not called, maturity (expected May 8, 2028) payment depends on whether a trigger event occurs (each final index stock price below its initial price). If a trigger event occurs and any index stock finishes below 70% of its initial price, holders suffer a loss tied to the lesser performing index stock; estimated value at pricing is between $925 and $955 per $1,000 face amount.