Goldman Sachs Group Inc SEC Filings

The Goldman Sachs Group, Inc. is offering $50,000,000 aggregate principal amount of Callable Fixed Rate Notes due July 6, 2027 under its Medium‑Term Notes, Series N program.

The notes bear interest at 4.00% per annum from the original issue date May 6, 2026, pay interest on Nov 6, 2026, May 6, 2027 and July 6, 2027, and are redeemable at the issuer's option in whole (but not in part) on specified redemption dates, with at least five business days' prior notice.

GS Finance Corp. is offering $5,479,050 aggregate face amount of autocallable notes linked to the Russell 2000® Index, due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes have a $10 face amount and may be automatically called annually if the index closes at or above the autocall barrier (100.00% of the initial index level). Call returns increase with time (the per annum call rate is 13.65%) producing potential cash payments of $11.365, $12.73 or $14.095 on the three call payment dates shown. If not called, the maturity payment is linked to the index return and could result in losing a substantial portion or all of principal. The estimated value at trade date was approximately $9.70 per $10 face amount; original issue price is 100.00% of face amount with a 2.00% underwriting discount.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering callable, non‑interest bearing structured notes linked to the Goldman Sachs Momentum Builder® Focus ER Index. The notes have an expected ~84‑month term with semi‑annual automatic call observations beginning ~12 months after the trade date. If a call observation meets the 100.5% trigger, the notes will be redeemed at the face amount plus a specified call return. If not called, the cash settlement at maturity is either the capped maximum settlement of $1,805 per $1,000 face when the final index level is ≥100.5% of the initial index level or $1,000 per $1,000 face otherwise. The index employs daily rebalancing, a 5% realized volatility control and a momentum risk control, and is subject to a 0.65% per annum deduction (accruing daily). The estimated initial model value is $885–$925 per $1,000 face, below the original issue price.

GS Finance Corp. is offering Buffered S&P 500® Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc.. Each note has a $1,000 face amount, pays no interest, and the cash payment at maturity depends on S&P 500 performance from the trade date to the determination date. The notes provide a 20% buffer: if the final index level declines by up to 20%, the holder receives a positive return equal to the absolute decline; declines beyond the buffer produce losses calculated at a 125% buffer rate. Upside is capped at a maximum cash settlement amount of at least $1,203.50 per $1,000. Trade date is May 8, 2026, original issue date May 13, 2026, determination date May 8, 2028, and stated maturity date May 11, 2028. The original issue price is 100% of face; underwriting discount is 1.5% and net proceeds to issuer are 98.5% of face. These notes are unsecured obligations subject to the credit risk of GS Finance Corp. and its guarantor and may have limited secondary market liquidity.

GS Finance Corp. is offering callable ETF-linked notes due (expected May 28, 2031) guaranteed by The Goldman Sachs Group, Inc. The notes reference the Invesco QQQ, Series 1 and the VanEck Semiconductor ETF and pay at maturity based on the lesser performing ETF’s return with a 200% participation rate and an 80% buffer. The issuer may redeem on scheduled monthly call payment dates beginning in June 2027, with call premiums ranging from 24% to 48%. The estimated value on the trade date is expected to be between $885 and $935 per $1,000 face amount. Trade date and initial underlier levels are expected to be set on May 22, 2026.

GS Finance Corp. launches a structured, autocallable note linked to the Goldman Sachs Momentum Builder® Focus ER Index, with a trade date expected May 29, 2026 and stated maturity expected June 3, 2033. The notes do not bear interest and pay a capped upside (maximum settlement of $1,770 per $1,000 face amount if the final index level ≥ 101% of the initial index level). The notes include semi-annual call observation dates beginning in June 2027

The index uses daily rebalancing, a 5% volatility control and a momentum risk control that can allocate most exposure to non-interest bearing cash positions; the index is net of a 0.65% per annum deduction (accruing daily) and also reflects excess-return treatment versus the federal funds rate. The estimated value at pricing is between $885 and $935 per $1,000 face amount. Credit risk remains with the issuer and guarantor.

GS Finance Corp. priced structured notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index. The notes have a $1,000 face amount per note, an expected trade date of May 26, 2026, an expected original issue date of May 29, 2026 and an expected stated maturity date of June 3, 2031. The notes do not pay interest, carry a daily 6.0% per annum decrement to the index level and have an estimated value at pricing between $885 and $935 per $1,000 face amount. The notes may be automatically called on scheduled call observation dates beginning in June 2027; if not called, maturity payoffs are capped at a $2,200 maximum settlement amount per $1,000 and principal is fully at risk below a 50% trigger buffer.

GS Finance Corp. is offering leveraged buffered S&P 500® index-linked notes due May 15, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes return is linked to the S&P 500 from May 15, 2026 to the determination date, with a 200% upside participation rate, a 15% buffer (buffer level 85%), and a maximum cash settlement of $1,220 per $1,000 face amount. If the final underlier level is between the initial level and the buffer level, investors receive the face amount; if below the buffer, losses apply pro rata. The notes pay no interest, are subject to issuer and guarantor credit risk, may trade illiquidly, and contain tax characterization uncertainty.

GS Finance Corp. is offering autocallable S&P 500® Index-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, may be automatically called for a cash payment of $1,085 per $1,000 if the underlier at the call observation date is at or above its initial level, and otherwise pay at maturity based on S&P 500 performance with an upside participation rate of at least 150% and a trigger buffer level equal to 75% of the initial underlier level. The notes expose investors to issuer and guarantor credit risk and may result in a loss of principal, including the entire investment, if the final underlier level is below the trigger buffer level. Terms such as the initial level, aggregate face amount and certain pricing details will be set on the trade date.