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., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., is issuing $4,844,000 of Medium-Term Notes, Series F, in the form of auto-callable contingent coupon notes linked to the Nasdaq-100, Russell 2000 and S&P 500 indices.
The notes pay a $11.042 contingent monthly coupon per $1,000 face amount (1.1042% monthly, potential up to approximately 13.25% per annum) only if each index is at or above 70% of its initial level on the observation date. They are automatically called at par plus coupon if on a call observation date all three indexes are at or above their initial levels.
If not called, at maturity investors receive $1,000 per note plus final coupon only if each index’s final level is at or above 70% of its initial level; otherwise repayment equals $1,000 plus $1,000 times the lesser performing underlier return, allowing for total loss of principal. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor, may have limited secondary market liquidity, and involve uncertain U.S. tax treatment as income-bearing pre-paid derivative contracts, with potential withholding for non-U.S. holders and FATCA.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering autocallable notes linked to the S&P 500® Index, maturing in 2029. The notes pay no interest and are subject to an automatic call in 2027 if the index closing level is at or above the initial level, in which case holders receive $1,090 per $1,000 face amount.
If not called, the maturity payment depends on index performance. If the final index level exceeds the initial level, holders receive $1,000 plus 145% of the positive index return. If the final level is between 75% and 100% of the initial level, principal is returned. If it falls below 75%, repayment is reduced one-for-one with the index decline, and the entire investment can be lost. The notes are unsecured obligations subject to the credit risk of the issuer and guarantor, are not listed, may have limited liquidity, may trade below issue price, and have uncertain U.S. tax treatment, which the issuer intends to treat as a pre-paid derivative contract in respect of the index.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering autocallable contingent coupon notes due July 25, 2029, linked to three underliers: the Russell 2000 Index, the S&P 500 Index and the State Street Technology Select Sector SPDR ETF (XLK).
For each $1,000 face amount, investors may receive a $10.542 monthly coupon (1.0542%, up to ~12.65% per annum) on scheduled dates, but only if the closing level of each underlier is at or above 70% of its initial level. The notes are automatically called, returning $1,000 plus the applicable coupon, if on any call observation date from January 20, 2027 each underlier is at or above its initial level.
If the notes are not called, at maturity on July 25, 2029 investors receive $1,000 per note only if the final level of every underlier is at or above 50% of its initial level. If any underlier finishes below 50%, repayment is reduced one-for-one with the lesser performing underlier return, and investors can lose up to their entire investment. The notes carry the credit risk of GS Finance Corp. and Goldman Sachs; the estimated value on the trade date is less than the original issue price, there is no listing, no rights to dividends or index constituents, XLK concentration and tracking-error risks apply, and U.S. tax treatment is complex, including potential application of constructive ownership and FATCA rules.
GS Finance Corp, guaranteed by The Goldman Sachs Group, Inc., is issuing unsecured notes linked to the common stock of Microsoft Corporation. The notes pay no interest and are expected to mature on July 20, 2028, unless automatically called on July 30, 2027.
The notes are automatically redeemed if Microsoft’s closing price on the call observation date is at or above the initial index stock price, paying at least $1,211 per $1,000 face amount. If not called and the final price is at or above the initial price, holders receive the greater of a $1,422 threshold settlement amount or full principal plus 100% of the stock’s positive return.
If Microsoft’s final price is between 85% and 100% of the initial price, the payoff is the $1,000 face amount. Below 85%, losses increase at a buffer rate of about 117.65% beyond a 15% decline, and the entire investment can be lost. The estimated initial value is between $900 and $930 per $1,000, below issue price due to underwriting discounts, offering expenses and other factors, and all payments are subject to the credit risk of GS Finance Corp and its parent.
GS Finance Corp., guaranteed by The Goldman Sachs Group, is offering autocallable, income-bearing notes linked to the common stock of Oracle, Meta Platforms Class A and Alphabet Class A. The notes are expected to trade from July 17, 2026 and mature on January 21, 2028, unless automatically called.
Investors receive a monthly coupon of $16.667 per $1,000 (1.6667% monthly, up to approximately 20% per year) only when each stock’s closing price is at least 60% of its initial level on the relevant observation date. The notes are called early, returning face amount plus coupon, if all three stocks are at or above their initial prices on specified call observation dates.
Principal repayment is conditional. If, on the final observation date, all three stocks are below their initial prices and any stock is below 50% of its initial level, repayment is reduced in line with the worst-performing stock and can fall to zero. The estimated initial value is $925–$955 per $1,000 face amount, and all payments depend on the credit of GS Finance Corp. and its guarantor.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering callable fixed coupon index-linked notes due July 20, 2028 (expected). Each $1,000 note pays a fixed coupon of $7.375 monthly (0.7375% per month, up to 8.85% per year) starting in August 2026.
If not redeemed early, repayment at maturity depends on the Nasdaq-100 Index and S&P 500 Index. Investors receive $1,000 plus the final coupon only if the final level of each index is at least 80% of its initial level. If any index finishes below this trigger buffer, principal is reduced in proportion to the lesser performing index and can fall to zero. The issuer may redeem at 100% of face amount plus coupon on any monthly payment date from July 2027 through June 2028. The estimated initial economic value is $925–$955 per $1,000, below the 100% issue price, and values will be sensitive to index performance, interest rates and Goldman Sachs’ credit.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering Autocallable Contingent Coupon Index-Linked Notes due January 27, 2028, linked to the Nasdaq-100, Russell 2000 and S&P 500 indices.
The notes pay a contingent monthly coupon of $8.75 per $1,000 face amount (0.875%, up to 10.50% per year) only when each index is at or above 70% of its initial level on the observation date, and may be automatically called quarterly if all are at or above their initial levels, returning $1,000 plus the due coupon.
If not called, maturity repayment per $1,000 is $1,000 when every index is at or above 70% of its initial level; otherwise it equals $1,000 plus $1,000 times the return of the worst-performing index, so investors face up to a 100% loss of principal, along with issuer and guarantor credit risk and complex tax treatment.
GS Finance Corp. is offering Buffered Equity-Linked Notes due 2027, linked to an American depositary share of Alibaba Group Holding Limited (BABA UN) and fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. For each $1,000 face amount, investors receive at maturity the greater of $1,000 and $1,000 plus the underlier return, capped at a maximum cash settlement of $1,357, if the final underlier level exceeds the initial level. The notes pay no interest.
A 25% buffer applies: if the final underlier level is at or above 75% of the initial level, principal is repaid in full. If it falls below 75%, principal is reduced 1% for every 1% decline beyond the buffer (e.g., at 19% of the initial level, payout is 44% of face; at 0%, 25%), so a substantial loss of principal is possible. Key risks include the credit risk of GS Finance Corp. and its parent guarantor, the initial estimated value being less than the issue price, limited or no secondary market, foreign equity and currency exposure tied to Alibaba ADS, potential adverse U.S. and Chinese regulatory actions, lack of any shareholder rights in Alibaba, and uncertain U.S. federal income tax treatment of the notes, which are expected to be treated as pre-paid derivative contracts.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering unsecured structured notes linked to a Class A subordinate voting share of Shopify Inc. The notes pay no interest and are expected to mature on October 21, 2027, with trade and issue dates in July 2026.
At maturity, for each $1,000 note investors receive cash based on Shopify’s price change. Upside participation is 100% up to a cap price of 158.65% of the initial share price, with a maximum settlement of $1,586.5. A 25% downside buffer protects principal if the share falls by up to 25%; below 75% of the initial price, losses increase with further declines, down to 25% of principal if the stock goes to zero.
The estimated value on the trade date is $925–$955 per $1,000, below the 100% issue price, reflecting fees and hedging costs. Repayment depends on the credit of GS Finance Corp. and its parent, the notes are not listed, their market value can be volatile, and complex anti-dilution, regulatory and U.S. tax considerations apply.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering Autocallable Contingent Coupon Underlier-Linked Notes due July 20, 2028, linked to the MSCI EAFE Index, the S&P 500 Index and the VanEck Gold Miners ETF. Each note has a $1,000 face amount.
The notes pay a contingent monthly coupon of $16.917 (1.6917% per month, up to about 20.30% per year) per $1,000, but only when the closing level of each underlier on the observation date is at or above 70% of its initial level. The notes are automatically called at $1,000 plus the coupon if, on any call observation date from January 19, 2027 through June 20, 2028, each underlier is at or above its initial level. If not called, and on the final determination date any underlier finishes below 70% of its initial level, principal is reduced one-for-one with the lesser performing underlier, and investors can lose up to 100% of principal.
Key risks include the credit risk of GS Finance Corp. and its guarantor, the estimated value being lower than the original issue price, limited or no secondary market liquidity, concentration in foreign equities and gold and silver mining companies via GDX, foreign currency exposure, and uncertain U.S. tax treatment, including possible application of constructive ownership rules.