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.
Goldman Sachs Group, Inc. (GS), as guarantor, is supporting GS Finance Corp.’s issuance of index-linked Medium-Term Notes, Series F, due March 28, 2030. The notes’ payoff is tied to the Goldman Sachs Momentum Builder® Focus ER Index, a rules-based, volatility- and momentum-controlled multi-asset index.
At maturity, investors receive at least the $1,000 face amount per note. If the final index level exceeds the initial level, the payoff equals $1,000 plus 475% or more of the index return, offering leveraged upside without downside below par (subject to issuer and guarantor credit risk). The index applies a 5% volatility control and a 0.65% per annum deduction, and often allocates substantially to cash-like positions, which can materially dampen index gains.
The notes pay no periodic interest, have limited secondary market liquidity and an estimated value below the original issue price due to fees and hedging costs. For U.S. tax purposes they are treated as contingent payment debt instruments, generally requiring accrual of taxable income over the term even though cash is only received at maturity.
GOLDMAN SACHS GROUP INC (GS), via GS Finance Corp, is offering autocallable notes linked to the Goldman Sachs Momentum Builder ® Focus ER Index, maturing in 2031 and fully guaranteed by Goldman Sachs Group, Inc. The notes are issued at 100% of face amount but have an estimated value of $850 to $880 per $1,000 on the trade date, reflecting fees and structuring costs.
The notes may be automatically called on September 27, 2027 if the index closing level is at or above the initial level, paying $1,140 per $1,000 on September 30, 2027. If not called, at maturity investors receive: (i) $1,000 + 300% of any positive index return, or (ii) $1,000 if the index has not risen, so principal is repaid but upside is contingent and leveraged. The notes pay no periodic interest and secondary market value may be below face.
The underlying index is a rules-based strategy that reallocates daily among equity, bond, commodity and cash-equivalent exposures, with a 5% volatility control, a momentum risk control overlay and a 0.65% per annum deduction on the index (plus federal funds rate deduction on the base index). A large portion of the index may be in low-yield cash positions, which can materially dampen index performance. For U.S. tax purposes, the notes are expected to be treated as contingent payment debt instruments, requiring annual accrual of ordinary income based on a IRS-style “comparable yield,” even though cash is generally only received at call or maturity.
GOLDMAN SACHS GROUP INC (GS), through GS Finance Corp., is offering EURO STOXX 50® index-linked notes due September 16, 2031, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return depends entirely on index performance between the September 11, 2026 trade date and the September 11, 2031 determination date.
At maturity, for each $1,000 note, holders receive: if the final index level is at or above the initial level, the greater of a threshold settlement amount of at least $1,558.50 or $1,000 plus $1,000 times the index return. If the final level is below the initial but not below 75% of it, holders receive $1,000. If the final level is below 75% of the initial level, principal is exposed 1-for-1 to the index decline and principal losses can reach 100%.
The notes are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., will not be listed on any exchange, and may have limited or no secondary market. The original issue price is higher than the model-based estimated value, reflecting underwriting discounts, structuring fees and other costs, which can depress secondary market prices. Tax treatment is uncertain; counsel views the notes as prepaid derivative contracts, but the IRS could assert a different characterization.
GOLDMAN SACHS GROUP INC (symbol: GS) is the issuer of record for a Form 424B2 filing submitted to the SEC.
GOLDMAN SACHS GROUP INC (GS), through GS Finance Corp., is offering autocallable index-linked notes due 2028 under its Medium-Term Notes, Series F program, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes are linked to the Russell 2000® Index and S&P 500® Index and pay no interest.
The notes may be automatically called on September 30, 2027 if each index is at or above its initial level, in which case investors receive at least $1,114 per $1,000 on October 7, 2027. If not called, at maturity in October 2028 investors receive a cash amount based on the lesser performing index, with a 200% upside participation rate and a 15% downside buffer; if any index falls more than 15%, principal is reduced one-for-one with the loss beyond the buffer and investors may lose most of their investment. Payments are subject to the credit risk of GS Finance Corp. and the guarantor, the notes will not be listed, their estimated value at pricing will be below the issue price, secondary market prices may be volatile, and U.S. tax treatment is uncertain.
GOLDMAN SACHS GROUP INC (symbol: GS) is the issuer of record for a Form 424B2 filing submitted to the SEC.
GOLDMAN SACHS GROUP INC (GS), via GS Finance Corp., is offering unsecured, guaranteed structured notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. Each $1,000 note can pay a conditional monthly coupon of $12.50 (1.25%) when the index is at or above 60% of its initial level on the relevant observation date; otherwise no coupon is paid.
The notes mature on September 5, 2031, but are subject to an automatic call quarterly from September 2027 if the index is at or above its initial level, in which case investors receive $1,000 plus the coupon, and the note terminates early. If not called and the final index level is below 40% of the initial level (the trigger buffer level), repayment of principal is reduced one-for-one with the index decline, down to a total loss.
The index uses a rules-based strategy targeting 40% volatility with up to 500% leverage, caps on daily leverage changes, and a 6.0% per annum daily decrement, all of which can magnify losses and cause the index to lag related benchmarks. The estimated value at pricing is expected between $885 and $935 per $1,000, below the 100% issue price, and payments are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.
GOLDMAN SACHS GROUP INC (GS), through its subsidiary GS Finance Corp., is offering S&P 500® Index-linked notes due 2032, fully and unconditionally guaranteed by Goldman Sachs. The notes are issued at 100% of face amount under the Medium-Term Notes, Series F program and do not bear interest.
At maturity, for each $1,000 note investors receive: (i) $1,000 + ($1,000 × underlier return) if the S&P 500® final level exceeds the initial level, capped by a maximum settlement amount of at least $1,556.5, or (ii) $1,000 if the index is flat or down. Thus principal is protected at maturity, but upside is limited and there are no dividends or interim coupons.
The notes are subject to the credit risk of GS Finance Corp. and Goldman Sachs, potential illiquidity, and model-based pricing where the initial estimated value is less than the issue price. For U.S. tax purposes they are treated as contingent payment debt instruments, generally requiring accrual of ordinary income over the term and ordinary income treatment on gain.
GOLDMAN SACHS GROUP INC (GS), through GS Finance Corp, is offering equity-linked, no-coupon structured notes tied to an equally weighted basket of 8 large- and mid-cap stocks (including AMD, Alphabet, Microsoft and others). Each stock has a 12.5% initial weight and the basket’s initial level is 100.
The notes may be automatically called on the call observation date, expected September 20, 2027, if the basket level is at least the initial level. In that case, investors receive at least $1,145 per $1,000 on the call payment date and the trade ends early. If not called, the notes mature on the expected stated maturity date of September 14, 2029, with payoff based on basket performance: 150% leveraged upside if the basket is above the initial level; a positive return equal to the absolute basket loss if the basket is down but not below 70% of initial; and a one-for-one loss if the basket falls more than 30%, which can lead to losing most or all principal.
The notes do not pay interest and do not pass through dividends. Repayment depends on the credit of GS Finance Corp and its guarantor, The Goldman Sachs Group, Inc. The initial estimated value is between $925 and $965 per $1,000, below issue price, reflecting fees, hedging, and dealer margin.
GOLDMAN SACHS GROUP INC (GS), through subsidiary GS Finance Corp., is offering leveraged callable notes linked to the S&P 500® Futures Excess Return Index, guaranteed by Goldman Sachs. The notes are issued at 100% of face amount in $1,000 denominations, with an aggregate face amount of $933,000 on the original issue date.
The notes bear no interest and mature on August 29, 2033, unless redeemed earlier at the issuer’s option on monthly call payment dates from August 2027 to July 2033 at 100% of face plus a stated call premium. If held to maturity and not called, investors receive $1,000 plus 5.55x any positive index return, based on the change in the index from an initial level of 610.40 to the final level; if the index return is zero or negative, only principal is repaid.
The estimated value at pricing is approximately $931 per $1,000 note, below issue price due to underwriting discounts (4.125% of face), hedging and issuance costs. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., will not be listed on an exchange, and are treated as contingent payment debt instruments for U.S. tax purposes, requiring accrual of taxable income over their term.