Goldman Sachs Group Inc SEC Filings

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.

GS Finance Corp. is offering principal-protected-style contingent notes linked to three underliers: the Russell 2000 Index, the S&P 500 Index and the State Street SPDR S&P Regional Banking ETF (KRE). Each $1,000 note may pay a monthly coupon of $10.834 if all underliers are >=70% of initial levels on an observation date. Notes may be automatically called if each underlier is >= its initial level on a call observation date. If not called, final payment depends on the lesser performing underlier on the determination date; a final underlier decline below 70% causes principal loss tied to that underlier's return. Trade date expected April 22, 2026; stated maturity expected April 24, 2031. Estimated initial model value: $885–$925 per $1,000 face amount.

GS Finance Corp. is offering Market Linked Securities—Auto-Callable with Contingent Coupon linked to the Class C common stock of Dell Technologies Inc., with a face amount of $1,000 per security. The securities price at $1,000 with an estimated value of $925–$955 per $1,000 face amount at pricing. The pricing date is April 29, 2026 and the stated maturity date is May 3, 2029. Investors may receive quarterly contingent coupons of at least $51.875 per $1,000 (equivalent to 20.75% per annum) only if the underlying stock closing price on each calculation day is ≥ the coupon threshold (60% of the starting price). The securities are auto-callable if the stock closing price on any call date from July 2026 through January 2029 is ≥ the starting price, in which case holders receive the face amount plus a final contingent coupon. If not auto-called, maturity payment depends on the ending price relative to the downside threshold (50% of the starting price): if the ending price is below that threshold, investors can lose more than 50% or all of their principal. Payments are unsecured obligations of GS Finance Corp. guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer/guarantor credit risk and limited secondary market liquidity.

GS Finance Corp. priced leveraged buffered basket-linked notes due October 26, 2027, guaranteed by The Goldman Sachs Group, Inc. The notes (face amount $2,634,000 initially) return a cash payment per $1,000 tied to an unequally weighted basket: S&P 500 (60%) and Russell 2000 (40%), measured from April 21, 2026 to October 21, 2027.

Returns: 125% upside participation subject to a cap of $1,172 per $1,000 (cap level 113.76%). A 10% buffer preserves principal for declines up to 10%; losses occur if the final basket level falls more than 10%. Notes pay no interest; estimated value at issuance ≈ $972 per $1,000. Payments are subject to issuer/guarantor credit risk and tax uncertainties.

GS Finance Corp. issued structured notes linked to the common stock of Repligen Corporation. The notes do not bear interest and mature on August 30, 2027 with payoff measured from the trade date April 21, 2026 to the determination date August 25, 2027. Payment per $1,000 face amount is: $1,441.5 if the final stock price is >= the initial price of $132.70; $1,000 if decline is up to 10%; otherwise a negatively correlated payment equal to the index stock return times $1,000 (investors can lose their full investment). The original issue price was 100% with an estimated value of approximately $951 per $1,000 on the trade date and an underwriting discount of 0.25%. Payment and valuation depend on anti-dilution adjustments, market disruption rules and the discretionary determinations of the calculation agent, Goldman Sachs & Co. LLC. Credit risk resides with GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. is offering autocallable contingent coupon index-linked notes due April 29, 2031, fully guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent monthly coupon of $9.292 per $1,000 (0.9292% monthly, ~11.15% annually) only if each underlier is at or above its coupon trigger level (70% of initial). They are automatically called if on any call observation date each underlier is at or above its initial level, in which case holders receive $1,000 plus any coupon then due.

At maturity (if not called), the cash settlement is based solely on the lesser performing underlier: if that underlier is below its trigger buffer level (60% of initial) you can lose a large portion or all of your principal. The underliers are the Nasdaq-100, Russell 2000 and S&P 500 indices. Pricing, fees, and certain terms will be set on the trade date; purchasers depend on issuer and guarantor creditworthiness.