Goldman Sachs Group Inc SEC Filings

GS Finance Corp. priced autocallable index-linked notes due May 7, 2029, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Nasdaq-100®, S&P 500® and Russell 2000® indices, may be automatically called on the call observation date April 30, 2027, and pay $1,180 per $1,000 if called.

The maturity payout is linked to the lesser performing index: upside participation is 150%, a trigger buffer level is 70%, and severe declines below 70% can cause substantial principal loss, including total loss if an underlier falls to 0%. The estimated value at pricing is between $925 and $955 per $1,000.

GS Finance Corp. is offering Leveraged Buffered S&P 500® Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes reference the S&P 500 (SPX Index) with an initial underlier level of 7,137.90 set on April 22, 2026. Payment at maturity depends on the underlier return from the initial level to the determination date. Key terms include an upside participation rate of 200%, a maximum settlement amount of $1,248 per $1,000 face amount, and a 10% buffer (buffer level = 90%). If final underlier ≥ initial level, holders receive $1,000 + participation × return (capped at the maximum). If final underlier declines but remains ≥ the buffer level, holders receive the face amount. If final underlier declines by more than the buffer, holders incur proportionate losses and may lose a substantial portion of their investment. Trade date is April 23, 2026, original issue date April 28, 2026, determination date April 21, 2028, and stated maturity date April 26, 2028.

GS Finance Corp. is offering Market Linked Securities — auto‑callable medium‑term notes (face amount $1,000) linked to the common stock of Super Micro Computer, Inc.. Pricing date is April 30, 2026 with stated maturity May 3, 2029. The notes pay a contingent coupon quarterly only if the stock closing price meets a coupon threshold (equal to 50% of the starting price), with a memory feature that can pay previously unpaid coupons if a later calculation day meets the threshold. The contingent coupon is set at a minimum of $66.125 per $1,000 (equivalent to 26.45% per annum) at pricing. The notes are auto‑callable on quarterly call dates if the stock closing price is at or above the starting price; if not called, principal at maturity depends on the ending price and is fully at risk below a downside threshold equal to 50% of the starting price. Estimated value at pricing is $925–$955 per $1,000. Payments are unsecured obligations of GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc.; investors bear issuer/guarantor credit risk and will not hold or receive the underlying shares.

GS Finance Corp. priced $6,295,000 of Dual Directional Trigger PLUS, guaranteed by The Goldman Sachs Group, Inc. The notes are principal‑at‑risk securities linked to a weighted basket (EURO STOXX 50, IGV ETF, Russell 2000, S&P 500, MSCI Emerging Markets) with an initial basket value of 100. Pricing date was April 21, 2026, original issue date April 24, 2026, valuation date April 23, 2029 and stated maturity April 26, 2029. The notes provide 200% leverage on positive basket performance up to a $1,362.50 maximum payment per $1,000 principal (136.25%), offer a positive absolute return for modest declines down to an 80.00% trigger, and expose holders to full proportional losses if the final basket value is below the 80.00% trigger. Payments are subject to issuer and guarantor credit risk and the notes do not pay dividends or interest.

GS Finance Corp. priced equity-linked notes tied to Snowflake Inc. common stock. Each note has a $1,000 face amount and pays at maturity based on Snowflake's performance between the trade date and the determination date. The notes carry a 150% upside participation rate, a 15% buffer (buffer level = 85% of the initial level) and a maximum settlement amount of $1,615.45 per $1,000 face amount. If the final underlier level is at or above the buffer level but not above the initial level you receive the face amount; if the final level exceeds the initial level you receive the upside participation return subject to the cap; if the final level is below the buffer level you incur proportional principal loss and could lose your entire investment. The notes do not pay interest and are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. is offering autocallable contingent coupon index-linked notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Nasdaq-100, Russell 2000 and S&P 500 and pay a contingent quarterly coupon of 2.025% (up to 8.10% per annum) when each underlier meets its 70% coupon trigger on an observation date. The notes are automatically called if, on a call observation date, each underlier is at or above its initial level; otherwise the maturity payment depends on the lesser performing underlier and can result in the loss of your entire investment.

GS Finance Corp. priced $ Buffered S&P 500® Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity is tied to the S&P 500 performance from the trade date to the determination date.

For each $1,000 face amount the settlement at maturity is: (1) $1,000 + ($1,000 × underlier return) subject to a maximum settlement amount of at least $1,199; (2) $1,000 if the final level is ≥ the buffer level (80% of initial); or (3) $1,000 + ($1,000 × buffer rate × (underlier return + buffer amount)) if the final level is below the buffer, exposing holders to principal loss. Trade date is April 30, 2026, original issue date May 5, 2026, determination date May 1, 2028, maturity May 4, 2028. The original issue price is 100% of face amount; underwriting discount is 1.75%; net proceeds 98.25%.

GS Finance Corp. is offering ETF-linked notes due February 25, 2028, guaranteed by The Goldman Sachs Group, Inc., with an aggregate original face amount of $500,000. The payout at maturity is tied to the performance of the least‑performing of three State Street Select Sector ETFs (Health Care, Utilities, Consumer Staples) measured from the initial levels set on April 20, 2026 to the determination date. Notes pay no interest; upside participation is 4x the lesser performing ETF return up to a capped cash settlement of $1,673 per $1,000. A buffer provides principal protection only if every ETF finishes at or above 90% of its initial level; losses occur if any ETF finishes below that buffer. The estimated value on the trade date was approximately $971 per $1,000 face amount.

GS Finance Corp. is offering $Buffered S&P 500® Index-Linked Notes due 2027, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and provide a cash payment at maturity tied to the S&P 500® performance from the trade date to the determination date. If the final index level exceeds the initial level, holders receive the index return up to a maximum settlement amount of $1,192.50 per $1,000 face amount. If the final index level is between the initial level and the buffer level of 85%, holders receive the face amount ($1,000). If the final index level is below the buffer level, losses occur pro rata: holders lose 1% of face amount for each 1% the final level is below the buffer level (buffer amount = 15%). Trade date is May 7, 2026, original issue date May 12, 2026, determination date November 8, 2027, stated maturity November 12, 2027. The notes are subject to issuer and guarantor credit risk, limited upside due to the cap, no interest payments, potential illiquidity, and uncertain U.S. federal tax treatment.