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 notes linked to an equally weighted basket of eight large-cap stocks. The notes pay no interest and are scheduled to mature in July 2028, with an automatic call feature in July 2027 if the basket is at or above its initial level of 100.
If called, holders receive at least $1,230 per $1,000 face amount. If not called, maturity payment depends on basket performance: above 100, investors get $1,000 plus 125% of the basket’s gain; between 85 and 100, they receive $1,000; below 85, principal is reduced using a buffer rate of about 117.65%, and investors can lose most or all of their investment. The initial estimated value is $900–$930 per $1,000, and the notes are unsecured obligations subject to the credit risk of both GS Finance Corp. and The Goldman Sachs Group, Inc.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $19,764,000 of Contingent Income Auto-Callable Securities linked to GE Vernova Inc. common stock, maturing July 13, 2029. The notes are principal-at-risk and do not provide any participation in stock price appreciation.
Investors may receive a contingent quarterly coupon of $40.00 per $1,000 per observation date, but only when GE Vernova’s share price is at or above the downside threshold of $545.785 (50% of the $1,091.57 initial share price). If the stock is at or above the initial share price on a call observation date, the notes are automatically redeemed at $1,000 plus the coupon then due. If at maturity the stock finishes below the downside threshold, repayment of principal is reduced one-for-one with the stock’s decline, potentially to zero. Payments depend on the credit of GS Finance Corp. and its guarantor; the estimated value is $962 per $1,000 security versus a 100% issue price, reflecting underwriting and structuring costs including a 2.25% underwriting discount.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering Callable Contingent Coupon Underlier-Linked Notes due July 16, 2027. The notes pay a $9.375 monthly coupon per $1,000 (0.9375% monthly, up to 11.25% per annum) only if on each observation date all three underliers — the Nasdaq-100 Technology Sector Index, S&P 500 Index and iShares Russell 2000 ETF — close at or above 80% of their initial levels.
If not previously redeemed at the issuer’s option on monthly coupon dates from August 2026 through June 2027 at $1,000 plus any coupon, the maturity payment per $1,000 depends on the worst-performing underlier. Investors receive full principal back if each final level is at least 80% of its initial level; otherwise principal is reduced using a 20% buffer and a 125% downside participation, which can result in 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 at pricing is lower than the issue price, investors may receive no coupons, the notes will not be listed, and complex tax and underlier-specific risks apply.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering Medium-Term Notes, Series F, linked to the VanEck Gold Miners ETF (GDX), with an aggregate face amount of $1,135,000. The notes pay no interest and all returns depend on the ETF’s performance.
The notes are automatically called if GDX’s closing level on July 23, 2027 is at or above the $75.53 initial level, paying $1,269 per $1,000 on July 28, 2027. If not called, at maturity on July 13, 2028 investors receive: upside at a 125% participation rate if GDX is above the initial level; full principal back if the final level is between 80% and 100% of the initial level; or a leveraged loss below the 80% buffer, potentially losing the entire investment.
The notes carry the credit risk of GS Finance Corp. and the guarantor, are not insured or listed, and may trade below issue price. Additional risks include the ETF’s concentration in gold and silver miners, tracking error versus its index after a 2025 index change, foreign market and currency exposure, and uncertain U.S. tax treatment, including potential application of constructive ownership rules.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering leveraged EURO STOXX 50 Index-linked notes due 2030 with a $1,000 face amount per note. The notes provide 172% upside participation in index gains between the trade date and the 2030 determination date.
If the final index level is at or above 80% of the initial level, holders receive at least the full face amount. Below that 20% trigger buffer, repayment falls one-for-one with the index, so investors can lose up to their entire principal. The notes do not pay interest and do not provide dividends or shareholder rights in the EURO STOXX 50 stocks.
The securities are unsecured obligations of GS Finance Corp. and subject to the credit risk of both the issuer and the guarantor. The original issue price includes a 2.75% underwriting discount, so the initial estimated value is lower than the issue price. The notes will not be listed, market-making is discretionary, and secondary prices may be volatile. Tax treatment is uncertain and will follow a pre-paid derivative contract approach unless authorities require a different characterization.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing $500,000 of auto-callable, buffered notes linked to the EURO STOXX 50 Index and the iShares MSCI EAFE ETF.
The notes pay no interest. If on the July 19, 2027 call observation date both underliers are at or above their initial levels, all notes are automatically called and pay 112% of face value ($1,120 per $1,000) on July 22, 2027. If not called, at the July 13, 2029 maturity investors receive a cash amount based on the "lesser performing" underlier: 234% participation in its upside, full principal back as long as that underlier stays at or above 75% of its initial level, and losses that increase in proportion to further declines beyond a 25% buffer, down to as little as 25% of face.
Key risks include potential loss of a substantial portion of principal, no dividends or shareholder rights, limited or no secondary market, issuer and guarantor credit risk, exposure to foreign markets, ETF tracking and currency effects, and uncertain U.S. tax treatment, including possible application of constructive ownership and FATCA rules.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $23,123,000 of Contingent Income Callable Securities linked to the worst-performing of the S&P 500, Russell 2000 and Nasdaq-100 indices, maturing July 13, 2028.
Investors receive a fixed contingent quarterly coupon of $28.75 per $1,000 only if all three indices stay at or above their respective downside threshold levels (70.00% of initial values) on every index business day in the prior quarter. A single breach in any index for that period means no coupon.
The issuer may redeem the notes at 100% of principal plus any due coupon on quarterly coupon dates from October 15, 2026 through April 13, 2028, ending further payments. At maturity, if not redeemed, principal is repaid in full only if each index finishes at or above its threshold; otherwise, repayment equals $1,000 times the performance of the worst index and can be far below 70.00% of principal, down to zero.
Holders do not participate in any index upside and face full credit risk of GS Finance Corp. and its parent. The initial estimated value is about $980 per $1,000, below the issue price, and secondary market prices may be lower and influenced by many market factors.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering unsecured, autocallable contingent coupon notes linked to three index stocks: CrowdStrike Holdings Class A, Oracle, and Celestica. The notes are expected to trade from a July 15, 2026 trade date to a stated maturity on July 20, 2028, unless automatically called earlier.
Holders may receive monthly contingent coupons of 2.3334% of face amount (up to about 28% per annum) only when the closing price of each stock on the relevant observation date is at least 50% of its initial price; otherwise the coupon for that month is zero. The notes are automatically called, returning face amount plus the due coupon, if on any call observation date all three stocks are at or above their initial prices. If not called, principal repayment at maturity depends on final stock prices: full face amount is returned unless on the determination date all three stocks are below their initial prices and at least one is below 50% of its initial price, in which case repayment is reduced in proportion to the worst performer and can fall to zero. Payments are also subject to the credit risk of GS Finance Corp. and its parent. The estimated initial economic value is between $925 and $955 per $1,000 face amount.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $4,716,000 of callable 10-year CMT rate-linked range accrual notes due July 15, 2031. The notes pay quarterly interest based on a 7.00% interest factor when the 10-year CMT rate is at or below a 5.00% reference rate barrier on scheduled U.S. government securities business days.
If the 10-year CMT rate exceeds the barrier on every reference date in an interest period, no interest is paid for that quarter. The notes are callable at 100% of face amount plus accrued interest on any quarterly interest payment date on or after July 15, 2027. Principal is repaid only at maturity or upon redemption and is subject to the credit risk of GS Finance Corp. and its guarantor. The original issue price is 100% of face amount, including a 2.50% underwriting discount, while the initial estimated value is about $946.1 per $1,000, reflecting structuring and distribution costs and dealer profit. Liquidity may be limited, market value can fluctuate with rates, volatility and credit spreads, and the issuer intends to treat the notes as variable rate debt instruments for U.S. federal income tax purposes.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing $30,505,000 of Contingent Income Auto-Callable Securities due July 13, 2028, linked to the worst-performing of the S&P 500® Index, Russell 2000® Index and Nasdaq-100 Index®. These unsecured, principal-at-risk notes are offered at 100% of principal.
Each $1,000 security may pay a $25.00 contingent quarterly coupon if on a coupon observation date the index closing value of each index is at or above its downside threshold level, set at 70% of its initial index value. If any index is below its threshold, no coupon is paid for that quarter. On any call observation date from October 12, 2026 to April 10, 2028, if each index is at or above its initial value, the notes are automatically called at $1,000 plus the coupon then due, and no further payments are made.
If the notes are not called, at maturity investors receive $1,000 plus the final coupon if each index is at or above its downside threshold. Otherwise, they receive $1,000 multiplied by the worst-performing index performance factor (final value ÷ initial value) and no coupon, which can result in a substantial or total loss of principal. Investors do not participate in any index upside. The model-based estimated value is approximately $982 per $1,000 note, below the issue price, and the notes carry the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc. and are not bank deposits or FDIC insured.