The Goldman Sachs Group, Inc. files regulatory documents that cover operating results, material events, capital structure and corporate governance. Its 8-K filings document earnings releases, Regulation FD disclosures, debt and subordinated debt issuances under shelf registration statements, and changes involving directors or executive officers.
The filing record also identifies Goldman Sachs’ NYSE-listed common stock, preferred depositary shares, capital securities and medium-term notes issued by GS Finance Corp. Proxy materials disclose annual meeting matters, board governance, executive compensation and shareholder voting items, while registration-related exhibits document securities offerings and related terms.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering Autocallable Contingent Coupon Equity-Linked Notes due 2029 linked to the common stock of Target Corporation. Each note has a $1,000 face amount and pays a contingent quarterly coupon of $26.25 per observation period, accruing cumulatively, only when the underlier’s closing level on the relevant coupon observation date is at or above the coupon trigger level.
The coupon trigger level and the trigger buffer level are each set at 50% of the initial underlier level. The notes are automatically called if, on any call observation date from January 2027 through April 2029, the underlier’s closing level is at or above the initial underlier level, in which case investors receive $1,000 per note plus the coupon then due. If the notes are not called, at maturity in July 2029 investors receive $1,000 per note if the final underlier level is at or above the trigger buffer level; otherwise the payoff equals $1,000 plus $1,000 times the underlier return, exposing investors to losses down to 0% of principal.
The documentation highlights that investors may lose their entire investment, may receive no coupons, and are exposed to the credit risk of both GS Finance Corp. and The Goldman Sachs Group, Inc. The estimated value at pricing is lower than the 100% issue price due to fees and structuring costs, and there is no assurance of an active secondary market.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering structured notes whose return is linked to the common stock of Boston Scientific Corporation. The notes pay conditional quarterly coupons of $31.25 per $1,000 face amount (3.125% per quarter, up to 12.5% per year) whenever the stock closes at or above 50% of its initial price on the relevant observation date.
The notes may be automatically called beginning in January 2027 if the stock closes at or above its initial price on a call observation date, returning the $1,000 face amount plus the applicable coupon. If held to the expected July 27, 2029 maturity and not called, investors receive $1,000 plus the final coupon if the stock has not fallen more than 50%. If the final stock price is below 50% of the initial price, principal is reduced one-for-one with the stock loss, with the repayment potentially falling to 0% of face amount and no coupon. The notes are unsecured obligations exposed to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., and the estimated initial value is $925–$955 per $1,000 face amount.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering Digital Equity-Linked Notes due 2028 linked to the common stock of International Business Machines Corporation. Each note has a $1,000 face amount, no periodic interest, and pays a cash amount at maturity based on IBM’s stock performance.
If the final IBM share price on the January 18, 2028 determination date is at or above the trigger buffer level of 70% of the $219.05 initial level, investors receive a capped payoff of $1,350 per $1,000 note. If the final level is below the trigger, repayment is reduced one-for-one with IBM’s decline from the initial level, and investors can lose up to their entire principal. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor, and the estimated value at pricing will be below the issue price, with limited or no secondary market liquidity.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing $7,630,000 of market-linked notes tied to the S&P 500® Index, maturing in 2033. For each $1,000 note, investors receive at maturity the higher of $1,000 or a positive index return multiplied by a 100% participation rate, capped by a maximum settlement amount of $1,760, which represents a 76.00% maximum return. If the final index level is equal to or below the initial level of 7,572.40, investors receive only the $1,000 face amount.
The notes pay no periodic interest, do not provide dividends on S&P 500 stocks, and are subject to the unsecured credit risk of GS Finance Corp. and the guarantor. The estimated value on the trade date is approximately $950 per $1,000 face amount, below the issue price of 100.00%, reflecting underwriting discounts of 3.50% and structuring costs. The notes will not be listed, may have limited or no secondary market, and are treated as contingent payment debt instruments for U.S. tax purposes, with a comparable yield of 5.27% per annum and a projected maturity payment of $1,447.29 per $1,000 for tax accrual calculations.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering principal-at-risk Auto-Callable Trigger PLUS notes linked to the EURO STOXX 50® Index, maturing August 5, 2031. Each security has a $1,000 stated principal amount and no periodic interest.
The notes may be automatically called on August 6, 2027 if the index is at or above its initial level, paying at least $1,177.50 per $1,000 and then terminating. If not called, maturity payment depends on the index on July 31, 2031: 150.00% leveraged upside on gains; full principal return if the index is at or below the initial level but at or above 80.00% of that level; or a 1‑for‑1 loss with the index if it finishes below the downside threshold, potentially resulting in a zero payment.
The estimated value is expected between $895 and $955 per $1,000, below the 100% issue price, reflecting underwriting discounts of 3.25% and structuring and distribution costs. Investors are exposed to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., market and volatility risk in the EURO STOXX 50® Index, limited liquidity, and uncertain tax treatment.
GS Finance Corp. is offering principal-at-risk medium-term notes linked to the S&P 500® Index, guaranteed by The Goldman Sachs Group, Inc., maturing July 20, 2028. Each security has a $1,000 face amount and pays no interest or dividends.
At maturity, if the index rises, investors receive $1,000 plus 100% of the index gain, capped at a minimum 16.00% maximum return (at least $1,160). If the index falls up to the 20% buffer, investors earn a positive “contingent absolute return” equal to the magnitude of the decline, up to 20%. Below the 80% threshold level, losses are leveraged: investors lose 1.25% of principal per 1% additional decline, potentially losing the entire investment. The estimated initial value is $925–$955 per $1,000, below the $1,000 offering price, and all payments depend on the credit of GS Finance Corp. and its guarantor. Liquidity may be limited and tax treatment is complex and uncertain.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering unsecured Market-Linked Notes tied to the S&P 500® Index, expected to price on or about July 31, 2026, with an expected original issue date of August 5, 2026 and maturity on August 4, 2032.
The notes pay no interest and return at least the $1,000 principal per note at maturity if held to maturity. If the final index value exceeds the initial index value, investors receive principal plus a supplemental payment equal to 100% leverage on the index gain, capped at a maximum payment of $1,591.50 per note (159.15% of principal). If the index is flat or lower, investors receive only principal, with no participation in negative index performance.
The notes will not be listed on any exchange. The estimated value is disclosed as $895 to $955 per $1,000 note, below the 100% issue price, reflecting underwriting discounts, selling concessions and structuring fees. All payments are subject to the credit risk of GS Finance Corp. and the guarantor, and U.S. holders are subject to special tax rules for contingent payment debt instruments.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering Autocallable Contingent Coupon Equity-Linked Notes due August 27, 2027 linked to the common stock of Amazon.com, Inc. For each note with a $1,000 face amount, investors may receive a contingent monthly coupon of $7.625 (0.7625% per month, up to 9.15% per annum) on each coupon payment date if the Amazon share price on the related observation date is at or above the coupon trigger level set at 62% of the initial underlier level.
The notes are subject to an automatic call feature: beginning with the January 25, 2027 observation, if Amazon’s closing level is at or above the initial level on any call observation date, the notes are redeemed early at $1,000 per note plus any due coupon, with no further payments. At maturity, if not called, investors receive $1,000 per note if the final Amazon level is at or above the trigger buffer level (also 62% of the initial level). If the final level is below this buffer, repayment is $1,000 × (1 + underlier return), exposing holders to losses in line with Amazon’s decline and potentially a 100% loss of principal, with no upside above par. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and its parent, and the estimated value at pricing is lower than the original issue price.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering Buffered Digital S&P 500 Index-Linked Notes due 2027 under its Medium-Term Notes, Series F program. These unsecured notes pay no interest and the cash payment at maturity depends on the performance of the S&P 500 Index from the trade date to the determination date.
For each $1,000 face amount, if the final S&P 500 level is at or above the initial level, investors receive a capped payment of $1,067.50. If the index declines but remains at or above 75% of the initial level (a 25% buffer), the return is positive and equals the absolute value of the index return. If the index falls below the buffer level, investors lose 1% of principal for each 1% decline beyond the buffer, with hypothetical outcomes ranging from 125% of face at the buffer level to 25% of face if the index falls to zero.
The notes are subject to the credit risk of both GS Finance Corp. and The Goldman Sachs Group, Inc., may trade below face value, and are not listed on any exchange. They are intended to be treated as contingent payment debt instruments for U.S. federal income tax purposes, which generally requires current taxation on deemed interest based on a comparable yield, even though no cash is paid until maturity.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering equity-linked notes tied to the S&P 500 Index, State Street Financial Select Sector SPDR ETF and State Street Energy Select Sector SPDR ETF. The notes pay no interest and mature on a stated maturity date expected to be July 29, 2031, unless automatically called earlier.
The notes feature an automatic call on an observation date expected to be October 26, 2026, paying $1,065 per $1,000 face amount if each underlier is at least 90% of its initial level. If not called, the maturity payment depends on the lesser performing underlier, with 100% upside participation, a 70% buffer level and a buffer rate of about 142.86%. If any underlier finishes below 70% of its initial level, investors lose about 1.4286% of principal for every 1% decline below 70%, up to a total loss of principal.
The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor. The estimated value on the trade date is expected to be $885–$925 per $1,000 face amount, below the issue price, reflecting underwriting discounts, structuring fees and hedging costs.