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.
The Goldman Sachs Group, Inc. is offering debt securities in the form of Callable Fixed Rate Notes due July 11, 2031 under its Medium-Term Notes, Series N program. The notes pay interest at 5.05% per annum from the expected original issue date of July 31, 2026 until maturity, with interest paid annually on July 31 and on the maturity date, beginning July 31, 2027.
Goldman Sachs may, at its option, redeem all (but not part) of the notes on the last calendar day of each January, April, July and October on or after July 31, 2027 at 100% of the outstanding principal amount plus accrued and unpaid interest. The notes are issued only in book-entry form through DTC, have no sinking fund, and holders are not entitled to require early repayment. They are not bank deposits and are not insured by the FDIC or any other governmental agency, nor are they obligations of, or guaranteed by, a bank.
Interest is expected to be taxable to U.S. holders as ordinary income, and the notes are generally subject to FATCA withholding rules. Distribution is through Goldman Sachs & Co. LLC and InspereX LLC, with pricing concessions and significant selling restrictions in the EEA, United Kingdom, Hong Kong, Singapore, Japan and Switzerland. Goldman Sachs may terminate the offering entirely if it determines there has been a significant adverse movement in its credit spread before the trade date.
GS Finance Corp. is issuing $7,935,000 of Trigger Autocallable GEARS, unsecured notes guaranteed by The Goldman Sachs Group, Inc., linked to an equally weighted basket of 29 large-cap stocks. Each $10 note has an initial basket level of 100 and pays no coupons.
The notes auto-call if on July 16, 2027 the basket is at or above 100% of its initial level, paying 131.5% of face value ($13.15 per $10) on July 21, 2027, with no further upside. If not called, at maturity on July 12, 2029 investors receive leveraged upside of 1.30x any positive basket return, principal only if the final level is between 75% and 100%, and one-for-one losses below the 75% downside threshold, up to total loss of principal.
The minimum purchase is $1,000. Any payment depends on the creditworthiness of GS Finance Corp. and its guarantor, and the securities are not FDIC-insured. The estimated economic value is about $9.38 per $10 note at pricing, below the 100% issue price due to structuring and distribution costs.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering unsecured Buffered Equity-Linked Notes due October 21, 2027, linked to the common stock of Microsoft Corporation. The notes do not bear interest and repay a cash amount based on Microsoft’s price on an October 18, 2027 determination date.
If the final underlier level exceeds the initial level, holders receive $1,000 plus the stock return, capped at a maximum settlement amount of $1,261 per $1,000 face. If the final level is between 75% and 100% of the initial level, investors receive full principal. Below the 75% buffer level, principal is reduced 1% for each 1% decline of the stock below that level, with hypothetical examples showing values down to 25% of face if the stock falls to zero.
The notes are subject to the credit risk of GS Finance Corp. and the guarantor, may have limited or no secondary market and will not be listed, and provide no shareholder rights or dividends on Microsoft shares. The estimated initial value is lower than the issue price, and U.S. tax treatment is uncertain; counsel views the notes as a pre-paid derivative contract, but the Internal Revenue Service could apply a different characterization.
GS Finance Corp. is offering $2,994,000 of Buffered S&P 500® Index-Linked Notes due July 12, 2029, guaranteed by The Goldman Sachs Group, Inc. The notes are unsecured, do not bear interest, and repay an amount at maturity based on S&P 500 performance from an initial level of 7,482.71 set on July 8, 2026 to a determination date on July 9, 2029.
For each $1,000 note, holders receive $1,000 plus 82.1% of any positive index return; if the index is flat or down by up to 25%, principal is returned. Below a 25% decline, losses match further index declines, so a substantial portion of principal can be lost. Payments depend on the credit of GS Finance Corp. and its guarantor. The original issue price is 100% of face, with a 0.85% underwriting discount and 99.15% net proceeds, while the estimated value is approximately $992 per $1,000, and secondary market liquidity and U.S. tax treatment are described as uncertain.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $12,000,000 of Contingent Income Auto-Callable Securities linked to the worst-performing of the S&P 500, Russell 2000 and Nasdaq-100 indexes, with principal at risk and no participation in index appreciation.
Investors receive a $27.50 contingent quarterly coupon per $1,000 only when each index is at or above its downside threshold level, set at 75.00% of initial value; otherwise the coupon is zero. The notes may auto-call quarterly if all indexes are at or above initial levels, returning principal plus the coupon then due. If not called and any index finishes below its threshold on the January 9, 2029 valuation date, repayment is reduced 1-to-1 with the decline of the worst index and can fall to zero. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., have an estimated value of about $979 per $1,000 issue price, may have limited secondary liquidity, and involve complex, uncertain U.S. tax treatment, including potential 871(m) and FATCA considerations.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER with total face amount of $1,322,000. The notes pay conditional monthly coupons and expose holders to both index and issuer credit risk.
On each monthly observation date from August 2026 to July 2032, if the index is at least 70% of the initial level of 514.10, investors accrue a coupon of $13.959 per $1,000 (1.3959% monthly, up to about 16.75% per year) minus coupons already paid; otherwise no coupon is paid for that period. Starting July 2027, the notes are automatically called if the index is at or above the initial level on a call observation date, returning face amount plus the applicable coupon.
If not called, at maturity on July 14, 2032, investors receive full principal back per $1,000 provided the final index level is at least 60% of the initial level; below that trigger buffer level, repayment is reduced in proportion to the index decline and can be zero. The underlying index employs up to 500% leverage, a 40% volatility target, and a 6.0% per annum daily decrement, which together can magnify losses and create performance drag. The estimated value is approximately $954 per $1,000 face amount, below the 100% issue price, reflecting fees and structuring costs.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering Autocallable Contingent Coupon Index‑Linked Notes due 2029. Each $1,000 note is linked to the Dow Jones Industrial Average, Nasdaq‑100 Technology Sector Index and Russell 2000 Index. The notes are priced at 100% of face amount.
Investors can receive contingent monthly coupons of $10.209 per $1,000 (1.0209% monthly, about 12.25% per year) when each index closes at or above 80% of its initial level on the observation date. Starting January 15, 2027, the notes are automatically called if all indices are at or above their initial levels, returning $1,000 per note plus any due coupon.
If not called and held to July 19, 2029, investors receive $1,000 per note if every final index level is at or above 80% of its initial level. Otherwise, principal is reduced based on the lesser performing underlier; for example, a worst index finish at 40% of its initial level pays 60% of face, a 40% loss before coupons. There is no upside above par, coupons can be zero for all periods, secondary‑market values may be below issue price, and payments depend on the credit of GS Finance Corp. and The Goldman Sachs Group, amid complex tax, sector and foreign‑market risks.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering leveraged callable notes linked to the Dow Jones Industrial Average® that pay no interest and return at least the face amount at maturity, subject to issuer and guarantor credit.
If not called early, investors receive at maturity either the face amount or, when the index is higher on the determination date than on the trade date, the face amount plus at least 105% of the index gain. GS may redeem the notes quarterly from July 2027 through April 2031 for face amount plus a fixed call premium that steps up from 10% to 47.5%.
The original issue price is 100% of face amount, with a 2.5% underwriting discount and 97.5% of face amount to the issuer. The estimated value at pricing is expected between $885 and $915 per $1,000, reflecting fees and hedging costs. The notes are unsecured, not FDIC insured, not exchange-listed, and treated as contingent payment debt instruments for U.S. tax purposes, requiring accrual of ordinary income over their life.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable, equity-linked notes tied to an equally weighted basket of 9 U.S.-listed stocks, each initially weighted at approximately 11.111%, so the basket’s initial level is 100. The notes pay no interest and do not provide dividends.
The notes may be automatically called on the August 13, 2027 call observation date if the basket level is at or above 100, paying at least $1,212.1 per $1,000 on August 18, 2027. If not called, at the August 3, 2028 maturity holders receive: $1,000 plus 125% of any positive basket return; $1,000 if the basket has fallen by up to 20%; or a reduced amount reflecting 125% of the decline beyond the 20% buffer, potentially down to zero.
Risks include exposure to basket declines beyond the buffer, the possibility of full principal loss in severe scenarios, and the unsecured credit of GS Finance Corp. and its parent. The estimated initial value is $900–$930 per $1,000 face amount, below the issue price, and secondary-market liquidity and pricing are uncertain.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering unsecured Buffered Equity-Linked Notes due October 21, 2027, linked to the common stock of Salesforce, Inc.
For each $1,000 face amount, investors receive at maturity: if Salesforce's final stock level exceeds the initial level, $1,000 plus the stock return, capped at a maximum settlement amount of $1,390.50. If the final level is between 75% and 100% of the initial level, repayment is $1,000. If it is below 75%, principal is reduced 1% for every 1% decline below that buffer level; for example, a 19% final level would return 44% of face. The notes pay no interest, are not listed, and expose holders both to Salesforce stock performance and to the credit risk of GS Finance Corp. and its guarantor. An initial estimated value below the issue price, limited liquidity, and uncertain U.S. tax treatment are highlighted as key risks.