Goldman Sachs Group Inc SEC Filings

GS Finance Corp. is offering autocallable buffered notes linked to the S&P 500® Futures Excess Return Index, guaranteed by The Goldman Sachs Group, Inc. The notes have an aggregate face amount of $2,561,000 on the original issue date, a trade date of May 4, 2026, and an original issue date of May 7, 2026. The notes pay no interest, may be automatically called if the closing level of the underlier on the call observation date (May 4, 2027) is greater than or equal to the initial underlier level of 580.28, and would then pay $1,093 per $1,000 face amount on the call payment date (May 7, 2027). If not called, the cash settlement at maturity (May 9, 2028) is determined by the underlier return versus the initial level, with a 20% buffer (buffer level = 80% of initial level) that limits positive treatment for declines up to 20% and exposes investors to losses if the underlier declines more than 20%. The estimated value on the trade date is approximately $978 per $1,000 face amount; original issue price is 100% of face amount, underwriting discount 0.75%, net proceeds to issuer 99.25%. The notes are unsecured obligations subject to issuer and guarantor credit risk and complex tax and market risks.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering $1,000-face autocallable contingent coupon index-linked notes that reference the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index. The notes pay a contingent monthly coupon of $9.375 per $1,000 (0.9375% monthly, up to 11.25% per annum) only if each underlier is at or above 70% of its initial level on the coupon observation date. The notes will be automatically called if, on any call observation date, each underlier is at or above its initial level; on maturity (May 17, 2029) the cash payment per $1,000 depends on the lesser performing underlier and can be as low as 15% of face in the example shown (an 85% loss). Trade date is May 12, 2026 and original issue date is May 15, 2026. Investors bear issuer and guarantor credit risk, possible illiquidity, and tax uncertainty; coupon payments may be entirely missed if any underlier is below the coupon trigger level.

GS Finance Corp. priced callable, contingent‑coupon notes linked to Meta Platforms, Inc. common stock. The notes pay a contingent monthly coupon of $7.917 per $1,000 (0.7917% monthly, up to ~9.50% per annum) when the underlier on an observation date is at least 60% of the initial level. The notes are automatically called if the underlier closes at or above the initial underlier level on any call observation date. At maturity (if not called), principal is paid in cash and depends on the final underlier level, which can result in a complete loss of principal if the final underlier level is well below the trigger buffer level.

GS Finance Corp. is offering principal‑at‑risk, non‑interest bearing notes linked to a weighted basket of the S&P 500® Futures Excess Return Index (65%), the MSCI EAFE Index (25%) and the MSCI Emerging Markets Index (10%). The notes have an expected trade date of May 6, 2026, an expected original issue date of May 11, 2026, an expected automatic call observation date of May 12, 2027 and an expected stated maturity date of May 8, 2031.

If the basket closing level on the call observation date is greater than or equal to the initial basket level of 100, the notes will be automatically called and pay $1,160 per $1,000 face amount on the call payment date. If not called, at maturity you receive $1,000 plus 255% participation in positive basket returns, full principal if final basket level is >= 80% of initial, or a loss proportional to the negative basket return if the final basket level is below 80%. The pricing supplement states an estimated value at term‑setting between $885 and $925 per $1,000 face amount and emphasizes the notes are unsecured obligations subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

The offered notes are issued by GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc., link payment at maturity to the performance of the S&P 500® Index. The notes have an aggregate face amount of $4,290,000, an original issue price of 100%, and do not pay interest.

Key economics: upside participation of 200% with a capped cash payoff at $1,173.20 per $1,000 face; a buffer level at 90% of the initial index level (initial level 7,200.75); maturity is November 8, 2027. If the final index is below the buffer, investors can lose most or all principal according to the stated buffer rate.

GS Finance Corp. is offering contingent quarterly-coupon notes linked to the common stock of Dollar Tree, Inc., the Class C capital stock of Zillow Group, Inc. and the Class A common stock of Zoom Communications, Inc.. The notes have an expected trade date of May 7, 2026, an original issue date of May 12, 2026 and an expected stated maturity date of May 10, 2027. Coupons of $49.50 per $1,000 (a 4.95% quarterly rate) 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 50% of its initial index stock price. The notes are automatically called if, on any call observation date, the closing price of each index stock is greater than or equal to its initial index stock price (initial prices set on May 5, 2026). At maturity the cash settlement depends on whether a trigger event (all final index stock prices below initial prices) occurs; if a trigger event occurs and the lesser performing index stock falls below 50% of its initial price, holders can suffer substantial principal loss. The notes are unsecured obligations of GS Finance Corp. and are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. offers $ Buffered S&P 500® Index-Linked Notes due 2027, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return a cash settlement per $1,000 face amount at maturity tied to S&P 500 performance from the trade date to the determination date, subject to a 10% downside buffer and a $1,137.50 maximum upside per $1,000 face amount. Key dates: trade date May 8, 2026, original issue date May 13, 2026, determination date June 8, 2027, and stated maturity June 11, 2027.

The notes convert a positive underlier return into a cash payout up to the stated cap, convert modest negative underlier returns (up to 10%) into an equal positive payout due to the buffer, and impose proportional losses for declines beyond the buffer; investors bear issuer and guarantor credit risk and tax treatment is uncertain.

GS Finance Corp. is offering autocallable S&P 500® Index‑linked notes due 2029, with terms set on the trade date. Each note has a $1,000 face amount and a potential automatic call on the May 13, 2027 that would pay $1,094 per $1,000. If not called, the maturity cash payment on the May 10, 2029 depends on the S&P 500 final level: upside participation of 150% above the initial level, protection only down to a 20% buffer (buffer level = 80% of the initial level) and a full loss profile below the buffer as described. The notes pay no interest, are subject to the issuer and guarantor credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., and may be illiquid.

GS Finance Corp. offers $Buffered S&P 500® Index-Linked Notes due 2028 guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest; maturity cash depends on S&P 500 performance from the trade date to the determination date and is subject to a 15% buffer and a $1,220 maximum per $1,000 face amount. Key settlement mechanics: if the final underlier level ≥ initial level, you receive the underlier return up to the maximum upside settlement amount; if the final level declines ≤15% you receive the absolute decline as a positive return; if the final level declines by more than 15% you incur losses below the buffer. The trade date, original issue date and determination and maturity dates are listed in the Key Terms and certain terms are "subject to adjustment" per the general terms supplement.