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 S&P 500 Index-linked notes due July 14, 2031 as part of its Medium-Term Notes, Series F program. The notes pay no interest and may be automatically called on July 21, 2027 if the S&P 500 closing level on July 16, 2027 is at or above the initial level of 7,543.64, in which case investors receive $1,110 per $1,000 face amount.
If not called, the maturity payout per $1,000 depends on S&P 500 performance: for gains, $1,000 plus 140% of the index return; for flat to moderately negative performance down to a 70% trigger buffer level, $1,000; and for levels below the trigger buffer, $1,000 plus the full negative index return, exposing investors to up to a 100% loss of principal. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor, will not be listed on any exchange, and their estimated value at pricing will be less than the original issue price.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable Medium-Term Notes, Series F, linked to the Goldman Sachs Momentum Builder® Focus ER Index with an aggregate face amount of $850,000. The notes have a stated maturity on July 11, 2031, but will be automatically called on specified annual dates if the index closing level is at or above the initial level of 113.61, paying $1,000 plus a call premium per $1,000 face amount (ranging from 9.20% to 36.80% depending on the call year).
If not called, at maturity investors receive, per $1,000, either $1,000 plus 100% of any positive index return or $1,000 if the final index level is at or below the initial level, providing principal repayment at maturity subject to issuer and guarantor credit risk. The initial issue price is 100% of face amount, with a 0.8% underwriting discount and 99.2% net proceeds to the issuer, while the estimated value on the trade date is $933 per $1,000, reflecting embedded costs and dealer margin.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering equity-linked notes with an initial aggregate face amount of $1,000,000, tied to an equally weighted basket of Arthur J. Gallagher & Co. and Chubb Limited common shares.
The notes pay no interest and mature on July 20, 2027. At maturity, investors receive $1,000 plus the basket return: losses match the basket’s percentage decline, while gains are leveraged at 300% but capped at a maximum settlement amount of $1,267.5 per $1,000, corresponding to a basket level of about 108.917% of the initial basket level. The initial basket level is 100, based on stock prices of $256.61 for Arthur J. Gallagher & Co. and $355.09 for Chubb on the trade date.
The original issue price is 100% of face amount, with a 1.25% underwriting discount (including up to 0.45% structuring fee), yielding net proceeds of 98.75% of face. The estimated value at pricing is approximately $985 per $1,000. Investors bear full downside exposure to the basket and are subject to the unsecured credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., as well as complex anti-dilution and market disruption adjustment provisions.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering autocallable contingent interest notes linked to an American depositary share of Taiwan Semiconductor Manufacturing Company Limited (TSM ADS, representing five common shares).
The notes are expected to trade from a July 22, 2026 trade date to a July 26, 2029 stated maturity, unless automatically called from January 2027 through June 2029 when the TSM ADS closing price on a call observation date is at or above the initial index stock price. When called, holders receive the $1,000 face amount plus the applicable coupon.
Each month, a coupon of $10.834 per $1,000 face amount (1.0834% monthly, up to about 13% per year) accrues only if the ADS closes on the observation date at or above 44% of the initial index stock price; otherwise the coupon for that month is zero. At maturity, if not called, holders receive $1,000 plus the final coupon if the final ADS price is at least 44% of the initial price; if it is lower, principal is reduced one-for-one with the index stock return and investors can lose most or all of their investment and receive no coupon.
The notes carry the unsecured credit risk of GS Finance Corp. and the guarantor. The estimated value at pricing is expected between $925 and $955 per $1,000 face amount, below the 100% issue price.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing S&P 500-linked buffered notes under its Medium-Term Notes, Series F program with an aggregate face amount of $1,588,000. Each note has a $1,000 face amount, no interest, and matures on July 13, 2028, with the underlier measured on July 10, 2028.
Repayment depends on S&P 500 performance from an initial level of 7,482.71. If the final level is at or above the initial level, the payoff equals $1,000 plus the index return, capped at a maximum upside settlement amount of $1,227.50 per $1,000. If the index falls but stays at or above 90% of the initial level, investors receive the absolute index return, up to a 10% gain.
If the index closes below the 90% buffer level, principal is exposed 1-for-1 to losses beyond that buffer via a 100% buffer rate, and investors can lose most of their capital, as illustrated by a 22% final level producing only 32% of face value. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor, have limited secondary market liquidity, and involve uncertain U.S. tax treatment as prepaid derivative contracts.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable, principal-protected Medium-Term Notes, Series F, linked to the Goldman Sachs Momentum Builder® Focus ER Index. The aggregate face amount is $1,406,000, with an original issue price of 100% and net proceeds of 98.625% of face amount after a 1.375% underwriting discount.
The notes may be automatically called annually if the index closes at or above 101% of the initial index level, paying for each $1,000 face amount $1,000 plus a call premium that steps up from 11.15% in 2027 to 44.60% in 2030. If not called, at maturity in 2031 investors receive: (i) $1,000 plus 100% of any positive index return, or (ii) $1,000 if the index is flat or down, providing full principal repayment subject to issuer and guarantor credit.
The initial index level is 113.61, the estimated value on the trade date is $927 per $1,000 (with a $73 “additional amount” amortizing to zero by October 7, 2026), and the index embeds a 0.65% p.a. deduction and excess-return-over-federal-funds structure with volatility and momentum risk controls. The notes pay no periodic interest and are treated as contingent payment debt instruments for U.S. tax purposes, requiring accrual of ordinary income based on a comparable yield of 5.0317%.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $8,000,000 of autocallable contingent coupon notes linked to the MSCI Emerging Markets Index. The notes pay a quarterly contingent coupon of $27 per $1,000 face amount (2.7% per quarter, up to 10.8% per year) only if on the relevant observation date the index is at least 70% of the initial level of 1,677.54. The notes may be automatically called on the January 8, 2027 or April 8, 2027 observation dates if the index is at or above its initial level; in that case investors receive $1,000 per note plus the applicable coupon.
If not called, at the July 13, 2027 maturity investors are protected against index declines up to a 20% buffer. If the final index level is at least 80% of the initial level, they receive $1,000 plus any final coupon; if between 70% and 80%, they receive between 90% and 99.99% of face plus the final coupon; if below 70%, principal is reduced on a leveraged basis and no coupon is paid. The estimated value on the trade date is about $990 per $1,000, below the 100% issue price, and payments are subject to the credit risk of GS Finance Corp. and its guarantor.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing index-linked Medium-Term Notes, Series F, with an aggregate face amount of $2,181,000. Each note has a $1,000 face amount and matures on July 11, 2031, with payment based on the Goldman Sachs Momentum Builder® Focus ER Index.
If the index’s final level on the July 8, 2031 determination date exceeds the initial level of 113.61, investors receive $1,000 + ($1,000 × 757.5% × index return), creating very high leveraged upside. If the final level is equal to or below the initial level, investors receive only the $1,000 face amount, with no downside participation but full exposure to issuer and guarantor credit risk. The notes pay no periodic interest and are not bank deposits or FDIC insured.
The index is a complex, daily rebalanced “excess return” strategy with a 5% volatility control, a momentum risk control overlay, substantial potential allocations to cash-like positions, and an annual 0.65% deduction. The underwriting discount is 3.875% of face, so net proceeds to the issuer are 96.125% of face. For U.S. tax purposes, the notes are treated as contingent payment debt instruments, with a comparable yield of 5.0317% per annum and a projected maturity payment of $1,286.27 per $1,000, which drives required annual income inclusions.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $3,000,000 of Medium-Term Notes, Series F, that pay contingent monthly coupons and may be automatically called. The notes are linked to the Nasdaq-100 Index, Russell 2000 Index and S&P 500 Index.
For each $1,000 face amount, investors receive a coupon of $6.042 (0.6042% monthly, up to about 7.25% per year) on any observation date when the closing level of each index is at least 60% of its initial level. If any index is below this coupon trigger level, no coupon is paid for that period.
The notes are automatically called if, on any call observation date starting in October 2026, all three indices are at or above their initial levels; investors then receive $1,000 plus the due coupon. If not called, at maturity in July 2029 investors get $1,000 back only if each index is at or above 60% of its initial level; otherwise the payoff is reduced in line with the worst-performing index, with losses down to 60% of principal. Investors face credit risk of GS Finance Corp. and the guarantor and have no upside participation beyond return of principal and coupons.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $500,000 aggregate face amount of index-linked Medium-Term Notes, Series F, tied to the Goldman Sachs Momentum Builder Focus ER Index. The notes can be automatically called annually if the index closes at or above rising call levels, paying $1,000 plus a call premium of 11%–66% per $1,000 face amount depending on the call year.
If never called, at the July 13 2033 maturity holders receive, per $1,000, either $1,000 plus 100% of any positive index return or $1,000 if the index is flat or negative, so principal is repaid but there is no downside participation below par. The notes pay no periodic interest. The index uses daily rebalancing, a 5% volatility control, momentum risk control and a 0.65% per annum fee, and is calculated on an excess-return basis over the federal funds rate, so high cash allocations and fee drag can materially limit index gains.
The original issue price is 100% of face, with a 3.75% underwriting discount and 96.25% net proceeds to the issuer. Goldman estimates the note value on the trade date at $900 per $1,000, reflecting structuring and distribution costs, plus an additional amount of $62.5 per $1,000 that amortizes to zero by October 7 2026. For U.S. tax purposes, the notes are treated as contingent payment debt instruments with a comparable yield of 5.23% per annum, causing investors to accrue taxable ordinary income over time even though cash is only received if called or at maturity.