Goldman Sachs Group Inc SEC Filings

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering index-linked notes linked to the Russell 2000 and S&P 500. For each $1,000 face amount, the cash payoff at maturity is based on the lesser performing index return measured from the trade date to the determination date, subject to a maximum settlement amount of $1,277.50 and a minimum settlement amount of $950. The notes pay no interest; estimated value at pricing is $925 to $955 per $1,000 face. Trade date and original issue date are expected in May 2026, and the stated maturity is expected in May 2028. The notes are unsecured obligations subject to issuer and guarantor credit risk and may have limited liquidity.

GS Finance Corp. proposes non‑interest paying structured notes (guaranteed by The Goldman Sachs Group, Inc.) maturing in June 2027 linked to the lesser performing common stock of Synopsys, Inc. and Snowflake Inc.. The payoff uses initial prices set on April 30, 2026, a buffer price equal to 55% of each initial price and a buffer rate of approximately 181.82%. If both final prices on the determination date are at least 55% of their initial prices, holders receive a capped maximum settlement amount of at least $1,196.50 per $1,000 face amount; otherwise holders lose principal mechanically based on the lesser performing index stock and could lose their entire investment. Trade date, issue date and determination/maturity dates are set on the trade date (expected May 1, 2026), original issue date expected May 6, 2026, determination date expected June 1, 2027 and stated maturity expected June 4, 2027. The estimated model value on the trade date is between $925 and $955 per $1,000 face amount. GS&Co. is calculation agent with broad discretion over pricing, adjustments and postponements, and payments remain subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. is offering autocallable notes linked to the Russell 2000® Index, guaranteed by The Goldman Sachs Group, Inc. The notes have annual call observation dates beginning one year after issuance and a stated maturity in May 2029; they pay no coupons and may be automatically redeemed if the index closes at or above a 100.00% autocall barrier on a call observation date. Call returns, set on the trade date, are based on a per annum rate between 13.00% and 13.65% and increase the longer notes remain outstanding. If not called, maturity payment equals $10 plus $10 times the index return, which can result in a loss up to the full investment. The estimated value at issuance is between $9.40 and $9.70 per $10 face amount; original issue price is 100.00% with a 2.00% underwriting discount. Minimum purchase is $1,000.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) offers non‑interest notes linked to the Class C shares of Alphabet, Class A shares of Meta and common shares of NVIDIA. The notes have a potential automatic call on a call observation date and a stated maturity; the upside participation rate is 125%.

If on the call observation date each index stock closes at least 90% of its initial price, the notes will be automatically called and pay at least $1,230 per $1,000 face amount. If not called, the maturity payout is based on the lesser performing index stock return, with positive returns multiplied by 1.25. The estimated value at terms set is between $885 and $935 per $1,000. Key dates set on the trade date include an expected trade date of May 26, 2026, original issue date expected May 29, 2026, call observation date expected May 26, 2028 and determination date expected May 27, 2031. The notes are unsecured obligations subject to issuer and guarantor credit risk.

GS Finance Corp. is offering Barrier Market-Linked Notes tied to the SPDR® Gold Trust (GLD), guaranteed by The Goldman Sachs Group, Inc. The notes have a $1,000 face amount per note, an expected trade date of May 13, 2026, original issue date May 15, 2026, determination date May 15, 2028, and stated maturity date May 22, 2028. Payment at maturity depends on whether a barrier event (GLD closing price exceeding an upper barrier on any trading day during the observation period) occurs. If a barrier event occurs, each $1,000 note pays $1,080 (an 8.00% contingent return). If no barrier event occurs and the final GLD price is above the initial price, payment equals $1,000 plus the ETF return, capped at between 38.00% and 43.00%. Estimated value at pricing is between $940 and $970 per $1,000 face amount. Payments are unsecured and subject to the creditworthiness of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering callable, equity‑linked notes tied to AAPL, AMZN, GOOG and NVDA. The notes have a monthly coupon of $7.292 per $1,000 face (0.7292% monthly; up to ~8.75% per annum) paid only if each index stock closes at or above 70% of its initial price on a coupon observation date. The notes are expected to trade on May 13, 2026, have an original issue date expected to be May 18, 2026, and a stated maturity expected to be May 20, 2031. Notes will be automatically called if, on any call observation date beginning in May 2027, each index stock closes at or above its initial price; automatic calls pay principal plus the coupon then due. The estimated value at term‑setting is expected to be between $885 and $925 per $1,000 face amount. The notes are unsecured obligations and expose investors to issuer and guarantor credit risk and limited anti‑dilution protection.

GS Finance Corp. is offering S&P 500® Index-Linked Notes due 2031, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount, does not pay interest, and returns at maturity either the face amount or a cash payment linked to the S&P 500 performance from trade date to the determination date, subject to a maximum settlement amount of at least $1,455 per $1,000 face amount. The trade date is May 14, 2026, original issue date is May 19, 2026, and the determination date is May 14, 2031. The notes carry issuer and guarantor credit risk, limited upside above the stated cap, potential secondary-market illiquidity, and special tax treatment as contingent payment debt instruments.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal-at-risk, non-interest notes linked to one ordinary share of Eaton Corporation plc. The notes have a $1,000 face amount per unit, an automatic call feature that would pay $1,150 per $1,000 if the index stock closes at or above the initial price on the call observation date, an upside participation of 149.5%, and a buffer of 20% (buffer price = 80% of initial price). If not called, maturity payment depends on final share price versus the initial price; losses occur if the final price falls more than 20%. The notes carry issuer and guarantor credit risk; the estimated value on the trade date is expected between $925 and $955 per $1,000 face amount.

GS Finance Corp. priced an offering of structured, equity index-linked medium-term notes guaranteed by The Goldman Sachs Group, Inc., with an aggregate original face amount of $4,062,000. The securities are auto-callable on specified annual call dates (first call May 4, 2027) for fixed call premiums that rise each year to 42.80% at the final calculation day. If not called, maturity payoff depends on the Russell 20004 closing level on the final calculation day with a 10.00% buffer and up to 90.00% principal loss. The estimated initial model value was approximately $968 per $1,000 face amount; original offering price was $1,000.