GOLDMAN SACHS GROUP INC SEC Filings

GS Finance Corp. is offering callable, principal-at-risk notes guaranteed by The Goldman Sachs Group, Inc., linked to the common stocks of Apollo Global Management, Ares Management and Blackstone. The notes have expected trade date June 26, 2026, an original issue date expected to be July 1, 2026, and an expected stated maturity date of June 29, 2029.

Coupons of $18.334 per $1,000 face amount (1.8334% monthly, ~22.00% annualized) are paid on a coupon payment date only if the closing price of each index stock on the related coupon observation date is at least 60% of its initial index stock price. The notes are automatically called if, on any call observation date commencing in June 2027, each index stock is at or above its initial price; at maturity the cash settlement depends on the lesser performing index stock return with a downside that can deliver substantially less than principal (potentially 0%–60% of face amount depending on final performance).

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering principal-protected structured notes linked to the common stocks of Advanced Micro Devices, Inc., Intel Corporation and Micron Technology, Inc.. The notes have an expected trade date of June 22, 2026, an original issue date expected to be June 25, 2026 and a stated maturity expected to be June 26, 2031. Coupons are paid monthly and are conditional: the maximum coupon is $11.667 per $1,000 (≈1.1667% monthly, up to ≈14% per annum) if each index stock on a coupon observation date is ≥ 70% of its initial price; otherwise the minimum coupon is $0.209 per $1,000 (≈0.0209% monthly). The notes are subject to automatic redemption (full call) if on any call observation date each index stock is ≥ its initial price. The estimated model value on the trade date is stated as between $885 and $925 per $1,000. Payments are unsecured obligations of the issuer and depend on the issuer’s and guarantor’s creditworthiness.

GS Finance Corp. is offering structured, non‑interest bearing medium‑term notes linked to an equally weighted basket of seven stocks. The notes mature on June 21, 2028 with an automatic call on June 28, 2027 if the basket closing level is ≥ the initial level. The notes provide an upside participation rate of 125% and a buffer of 15% (buffer level = 85% of initial basket level; buffer rate ~117.65%). If automatically called, holders receive $1,213.50 per $1,000 face amount; at maturity payments depend on the final basket level, including scenarios that can result in substantial loss. Trade date is June 15, 2026; original issue date is June 18, 2026. Original issue price is 100% of face amount, underwriting discount 1.5%, net proceeds 98.5%. The estimated value on the trade date was approximately $939 per $1,000 face amount.

GS Finance Corp. offers autocallable contingent coupon index-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes have a $1,000 face amount reference and pay a contingent monthly coupon of $11.125 per $1,000 (1.1125% monthly, up to 13.35% per annum) when each underlier is at or above a coupon trigger level equal to 70% of its initial level. The underliers are the Nasdaq-100 Technology Sector Index, the Russell 2000® Index and the S&P 500® Index. The notes may be automatically called on observation dates if each underlier is at or above its initial level; if not called, the cash settlement at maturity depends on the performance of the lesser performing underlier measured on the determination date, subject to a 70% trigger buffer. Trade date is June 26, 2026, original issue date July 1, 2026, determination date June 26, 2029, and stated maturity June 29, 2029. The notes are senior unsecured obligations of GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer and guarantor credit risk.

The offering registers $1,070,000 aggregate face amount of medium-term notes issued by GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes are index-linked, automatically callable on specified annual observation dates and settle in cash at maturity based on the Goldman Sachs Momentum Builder® Focus ER Index performance.

The notes pay no periodic interest, have a 100% upside participation rate, a call level of 101.25% of the initial index level and an initial estimated value of $897 per $1,000 face amount on the trade date. The stated maturity (determination) date is June 15, 2033 (determination date June 8, 2033), and payments are subject to the issuer and guarantor credit risk and to the index methodology, fees and daily deductions described in the supplement.

GS Finance Corp. is offering $43,545,000 aggregate face amount of bearish autocallable, absolute-return notes linked to the Nasdaq-100 Index®, with an initial underlier level of 28,508.03 and a stated maturity of December 15, 2027. The notes pay no interest and may be automatically called if the index falls below 67% of the initial level on any call observation date; automatic call proceeds equal $1,045 per $1,000 face amount. If not called, maturity payouts depend on the final index return: investors benefit from an absolute negative index return (reduced by 10%) only when the final level is between 67% and 85.5% of the initial level, otherwise the cash payoff is limited to $1,045 per $1,000. The estimated value on the trade date was approximately $986.6 per $1,000 face amount.

The offered notes are principal-at-risk, buffer-linked notes issued by GS Finance Corp. and fully guaranteed by The Goldman Sachs Group, Inc. For each $1,000 face amount, payment at maturity depends on the S&P 500® Index performance from the trade date (June 15, 2026) to the determination date (June 15, 2028). If the final index level is at or above the initial level, you receive $1,000 plus the underlier return subject to a maximum upside of $1,225. If the index falls but not more than the 10% buffer, you receive the absolute underlier return (a decline of 5.00% yields +5.00% on the notes). If the index declines by more than the buffer, losses occur dollar-for-dollar below the buffer; material principal loss is possible. The notes pay no interest and were issued at 100% of face with a 2.55% underwriting discount. Timing and certain terms are "subject to adjustment" per the general terms supplement.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering callable, monthly-coupon notes linked to the common stock of Advanced Micro Devices, Inc., Intel Corporation and Micron Technology, Inc. The notes mature on June 20, 2031 but may be automatically called beginning in June 2027 if each index stock's closing price on an observation date is at or above its initial price. Coupons are monthly and binary: the maximum coupon is $11.542 per $1,000 face amount (about 13.85% p.a.) if each stock is ≥ 70% of its initial price on an observation date; otherwise the minimum coupon is $0.209 per $1,000 face amount (about 0.25% p.a.). The trade date is June 15, 2026 and original issue date is June 18, 2026. Aggregate initial face amount is $285,000; issue price is 100% of face amount; underwriting discount is 3.625% (net proceeds 96.375%). The estimated model value at pricing was approximately $948 per $1,000 face amount.

Payments depend on index-stock closing prices, anti-dilution adjustments, and the calculation agent's (GS&Co.) determinations; holders bear issuer and guarantor credit risk, limited anti-dilution protection, and potentially limited secondary-market liquidity.

GS Finance Corp. is offering leveraged S&P 500® Futures Excess Return Index‑linked notes due June 22, 2029, guaranteed by The Goldman Sachs Group, Inc.. Each note has a $1,000 face amount and pays no interest. Payment at maturity depends on the S&P 500 Futures Excess Return Index return from the trade date to the determination date: positive participation equals the 171% upside participation rate times the underlier return; outcomes at or above 70% of the initial level return principal; declines below 70% reduce principal pro rata, potentially to zero. Trade date is June 18, 2026; determination date is June 18, 2029. The notes are cash‑settled, subject to issuer and guarantor credit risk, model valuation differences at issuance, limited secondary liquidity, and tax characterization uncertainty.