Goldman Sachs Group Inc SEC Filings

GS Finance Corp. offers $1,000-face Autocallable Contingent Coupon Index‑Linked Notes due May 16, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent monthly coupon of $8.875 per $1,000 if each underlier is >= 80% of its initial level on an observation date and are automatically called if each underlier is >= its initial level on any call observation date. At maturity (if not called), the cash settlement per $1,000 depends solely on the lesser performing underlier (Nasdaq‑100, Russell 2000, S&P 500) versus an 80% buffer: full principal is returned if that underlier ends >= 80% of initial; losses can be substantial if it finishes below 80% (example: a 20% final level would yield 40% of face). Trade date is May 11, 2026, original issue date May 14, 2026, determination date May 11, 2028.

GS Finance Corp. offers $2,065,000 aggregate face amount of medium-term notes (guaranteed by The Goldman Sachs Group, Inc.) linked to the S&P 500® Index. The notes pay no interest and return at maturity depends on the S&P 500 performance from the May 5, 2026 trade date to the November 5, 2027 determination date.

The notes provide 150% upside participation subject to a maximum settlement of $1,206.25 per $1,000 face amount, a 10% buffer (buffer level = 90% of the initial level), and a buffer rate of 100%. If the final level is below the buffer level, holders suffer proportional principal losses; notes are cash-settled.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering indexed, auto-callable monthly coupon notes linked to the EURO STOXX 50®, Nasdaq-100® and Russell 2000® underliers. The notes pay a fixed monthly coupon of $11 per $1,000 face amount (1.1% monthly, up to 13.2% per annum), are expected to trade on May 7, 2026, have an original issue date expected to be May 12, 2026, and a stated maturity expected to be November 12, 2027. The notes will be automatically called (full redemption plus coupon) if, on any call observation date, the closing level of each index is greater than or equal to its initial level (initial levels set on May 6, 2026). A trigger event occurs if any index closes below 70% of its initial level on any trading day during the measurement period; if a trigger event has occurred and the notes are not called, maturity proceeds (plus final coupon) will be based one-for-one on the percentage return of the lesser performing underlier, potentially causing a partial or total loss of principal. The estimated model value on the trade date is between $925 and $955 per $1,000 face amount.

The Goldman Sachs Group, Inc. offers Callable Fixed Rate Notes due 2027 under a pricing supplement to its Medium‑Term Notes, Series N program. The notes pay interest at 4.00% per annum, accrue from an original issue date expected to be May 21, 2026, and mature on July 21, 2027. Interest payment dates are expected to be November 21, 2026, May 21, 2027, and July 21, 2027. The issuer may redeem the notes in whole, but not in part, on redemption dates expected to be November 21, 2026, February 21, 2027, and May 21, 2027, at 100% of principal plus accrued interest with at least five business days’ notice. The notes will be issued in book‑entry form through DTC and may be sold initially by Goldman Sachs & Co. LLC. FATCA withholding and various cross‑border offering restrictions (EEA, UK, Hong Kong, Singapore, Japan, Switzerland) apply.

GS Finance Corp. is offering contingent income auto-callable securities linked to Microsoft Corporation stock due May 18, 2029. These unsecured notes, guaranteed by The Goldman Sachs Group, Inc., may pay a contingent quarterly coupon (at least $23.25 per $1,000 accrual basis) only when the underlying stock closes at or above a downside threshold set at 70.00% of the initial share price on each coupon observation date. The securities are automatically called and redeemed for principal plus any then-due coupon if the underlying stock closes at or above the initial share price on a call observation date. If not called and the final share price is below the downside threshold, investors absorb losses on a 1:1 basis and may lose a significant portion or all principal. The preliminary estimated value range is $915 to $975 per security; underwriting discount is 2.25% and Morgan Stanley Wealth Management receives a selling concession of $22.50 per security.

GS Finance Corp. offers contingent income auto-callable securities linked to the common stock of NVIDIA Corporation due May 18, 2029. The securities pay a contingent quarterly coupon (at least $27.75 per $1,000 coupon schedule, set at pricing) only if the underlying stock's closing price on coupon observation dates is at or above a downside threshold equal to 50.00% of the initial share price. The securities are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., may be automatically called early if the underlying stock closes at or above the initial share price on any call observation date, and expose holders to loss of principal on a 1:1 basis if the final share price is below the downside threshold.

Pricing is expected on or about May 15, 2026 with original issue date expected May 20, 2026. The issuer estimates an estimated value range of $910 to $970 per security and an underwriting discount of 2.25%. The offering includes dealer concessions of $22.50 per security (Morgan Stanley Wealth Management) and an internal structuring fee allocation of $5.00. Payment at maturity depends on the final share price; if final share price < downside threshold, payment = $1,000 × (final/initial), which could be zero.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering $1,000‑denominated autocallable contingent coupon equity‑linked notes linked to the common stock of NVIDIA Corporation ("NVDA"). The notes pay a contingent monthly coupon of $11.834 per $1,000 (1.1834% monthly, up to ~14.20% per annum) when the underlier closes at or above 60% of the initial underlier level on a coupon observation date. The notes will be automatically called if the underlier closes at or above the initial underlier level on any call observation date. If not called, the cash settlement at maturity on April 24, 2028 depends on the final underlier level versus a 60% trigger buffer: cash repayment may be as low as 0% (loss of principal) or capped at 100% of face amount. The trade date is May 14, 2026 and original issue date is May 19, 2026. This pricing supplement emphasizes structural, market and issuer credit risks and notes that the original issue price exceeds the estimated model value.

GS Finance Corp. is offering callable, indexed notes linked to the S&P 500® Index, the Russell 2000® Index and the State Street® Consumer Staples Select Sector SPDR® ETF (XLP). The notes have monthly coupon tests: if each underlier's closing level on a coupon observation date is ≥ 70% of its initial level, the coupon equals $9.167 per $1,000 (0.9167% monthly, ~11% annualized). Observation dates are expected monthly (13th) from June 2026 through May 2031; call observation dates commence in August 2026. The notes will be automatically called (full redemption plus coupon) if on any call observation date each underlier is ≥ its initial level. If not called, maturity is expected May 16, 2031; the cash settlement at maturity depends solely on the lesser performing underlier, with a 70% trigger buffer (70% = no principal loss). If any underlier finishes below 70% of its initial level, principal is reduced pro rata to the lesser performing underlier return. Estimated value at pricing is stated between $885 and $925 per $1,000 face amount. Payments are subject to the credit risk of GS Finance Corp. (issuer) and The Goldman Sachs Group, Inc. (guarantor).

GS Finance Corp. is offering senior medium-term notes—Market Linked Securities—linked to the S&P 500® Index with a 300% upside participation rate and a capped maximum return to be set on the pricing date (at least 14.50%). The securities have a face amount of $1,000 per security, a pricing date of May 28, 2026, an original issue date of June 2, 2026 and a stated maturity date of August 2, 2027. Investors receive no interest; the maturity payment depends on the index performance from the starting level to the ending level on the calculation day and may result in loss of some or all principal. The estimated value at pricing is between $925 and $955 per $1,000 face amount. Underwriting discount is up to $20.25 per security, leaving proceeds to the issuer of $979.75 per security.