Goldman Sachs Group Inc SEC Filings

GS Finance Corp. offers callable, principal‑at‑risk market‑linked notes backed by a guarantee from The Goldman Sachs Group, Inc. The notes pay a monthly coupon of $8 per $1,000 face amount (0.8% monthly, 9.6% annualized) when each underlier is at or above 70% of its initial level, may be automatically called on observation dates beginning October 2026, and mature on May 1, 2031.

The payoff at maturity (if not called) depends on the worst‑performing underlier (Russell 2000 initial level 2,756.051, S&P 500 initial level 7,138.80, XLU initial level $46.25) with a downside buffer at 60% of initial levels; if any underlier falls below 60% of its initial level, principal is reduced pro rata to that underlier’s return. The estimated value at pricing was approximately $996 per $1,000 face amount; original issue price was 100% with a 0.5% underwriting discount.

GS Finance Corp. priced $12,000,000 of contingent income buffered auto-callable securities linked to Freeport-McMoRan Inc. The notes pay a contingent monthly coupon only when the underlying closes at or above a buffer price (70% of the initial share price) and may be automatically called if the stock closes at or above the initial share price on any call observation date. If not called, maturity payoff protects the first 30% decline but exposes investors to a downside factor of approximately 1.4286, meaning losses beyond the buffer reduce principal (payment mechanics defined per $1,000 stated principal). The securities are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., carry credit risk, and had an estimated model value of approximately $992 per security versus a 100.00% issue price.

GS Finance Corp. is offering principal-at-risk, cash-settled notes linked to an equally weighted basket of 15 global stocks. The notes have an initial basket level of 100, upside participation of 300% with a cap at ~108.667% and a maximum settlement of $1,260 per $1,000 face amount. The notes mature on June 10, 2027 (determination date expected June 7, 2027), trade date expected May 5, 2026, original issue date expected May 8, 2026. If the final basket level falls below the trigger buffer of 75%, holders suffer losses proportional to the basket return and may lose their entire investment. The estimated value at pricing is expected to be between $925 and $955 per $1,000 face amount. Payment depends on closing prices on the determination date, is subject to anti-dilution and market disruption rules, and is credit‑dependent on GS Finance Corp. and guarantor The Goldman Sachs Group, Inc.

GS Finance Corp. is offering Buffered Digital S&P 500® Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and pays no interest; maturity settlement depends on the S&P 500® Index performance versus a 90% buffer level. If the final underlier level is >= the buffer level, holders receive a capped maximum settlement amount of at least $1,145 per $1,000 face amount. If the final level is below the buffer level, holders lose 1% of face for each 1% the underlier falls below the buffer (subject to the buffer rate of 100% and a 10% buffer amount). Key dates shown include a trade date of May 26, 2026, original issue date of May 29, 2026, determination date of May 26, 2028, and stated maturity of June 1, 2028. The notes are unsecured senior debt under the GSFC 2008 indenture; investors bear credit risk of both GS Finance Corp. and The Goldman Sachs Group, Inc., market and liquidity risk, and tax treatment is uncertain.

The Goldman Sachs Group, Inc. is offering Callable Fixed Rate Notes due 2036. The notes pay interest at 5.50% per annum, expected original issue date May 12, 2026 and expected stated maturity May 12, 2036. Interest is expected semiannually on May 12 and November 12, with the first payment expected November 12, 2026.

The notes are callable in whole (but not in part) on scheduled redemption dates beginning on or after May 12, 2027 (each Feb 12, May 12, Aug 12 and Nov 12) at a redemption price of 100% of principal plus accrued interest, with at least five business days’ prior notice. The issue will settle through DTC and is offered initially by Goldman Sachs & Co. LLC.

The Goldman Sachs Group, Inc. is offering callable fixed-rate medium-term notes that pay interest at 4.70% per annum, expected to be issued on May 13, 2026 with an expected stated maturity of November 13, 2028. Interest is payable each May 13 and November 13 (first payment expected November 13, 2026).

The notes are issued in book-entry form as a master global note registered in the name of DTC, are callable in whole (but not in part) on scheduled quarterly redemption dates on or after November 13, 2026, and are subject to FATCA withholding and various jurisdictional distribution restrictions described in the pricing supplement.

GS Finance Corp. priced an autocallable, principal-at-risk note guaranteed by The Goldman Sachs Group, Inc., linked to the EURO STOXX 50® Index, the Dow Jones Industrial Average® and the State Street® Technology Select Sector SPDR® ETF. The notes pay a monthly coupon of $8.125 per $1,000 when each underlier is at or above 70% of its initial level on a coupon observation date and will be automatically called if all three underliers are at or above their initial levels on a call observation date. The notes mature on November 4, 2027 unless earlier called. At maturity (if not called) the cash payment is based on the lesser performing underlier: you receive $1,000 if every final underlier level is ≥70% of its initial level, receive only face amount with no coupon if all final underlier levels are between 65% and 70%, and may receive less than 65% of face amount if any final underlier level is below 65% (payment equals $1,000 × lesser performing underlier return). The estimated value on the trade date was approximately $977 per $1,000 face amount; original issue price was 100% with an underwriting discount of 2.225%.

GS Finance Corp. is offering callable buffered notes linked to the S&P 500® Futures Excess Return Index, guaranteed by The Goldman Sachs Group, Inc. The notes have an expected trade date of May 26, 2026 and an expected stated maturity date of May 29, 2031. The notes pay no interest, feature a 20% buffer (buffer level = 80%) and a 160% upside participation rate on positive index returns. If the final index level is between 80% and 100% of the initial level, investors receive the absolute index loss as a positive return; if below 80%, losses apply and could materially reduce principal. The issuer may redeem on specified call payment dates at cash amounts defined by call premium amounts set on the trade date. The estimated model value on the trade date is between $885 and $935 per $1,000 face amount.

The pricing supplement describes market‑linked, non‑interest bearing notes issued by GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., with an aggregate face amount of $930,000. Payments depend on the performance of the lesser performing underlier among Alphabet Class C, Target and Tesla.

The notes feature annual automatic call windows (first call observation April 28, 2027) with graded call premiums (19.5% through 78%). If not called, maturity payoff is cash based on the lesser performing underlier return with a 100% upside participation rate; negative underlier returns can limit recovery to face amount.