Goldman Sachs Group Inc SEC Filings

The Goldman Sachs Group, Inc. offers Callable Fixed Rate Notes due April 17, 2031 that pay interest at 5.05% per annum from and including the original issue date (expected April 17, 2026) to but excluding maturity. Interest payments are expected semiannually on April 17 and October 17, with the first payment expected on October 17, 2026.

The issuer may redeem the notes in whole, but not in part, on scheduled redemption dates (expected each January 17, April 17, July 17 and October 17 on or after April 17, 2027) at a redemption price equal to 100% of principal plus accrued interest, subject to at least five business days' notice. The notes will be issued in book‑entry form through DTC as a master global note. The initial public price, underwriting discounts, and net proceeds are set on the cover and may vary for certain retirement and fee‑based accounts; underwriters include Goldman Sachs & Co. LLC and InspereX LLC.

GS Finance Corp. offers indexed notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The notes pay a structured quarterly coupon (up to 3.25% quarterly / 13% per annum) if the index on an observation date is ≥ 60% of the initial level and may be automatically called beginning April 2027. The index targets 40% volatility with up to 500% exposure and is subject to a daily 6.0% per annum decrement; leverage and the decrement can magnify losses. Expected trade date is April 27, 2026, original issue date expected April 30, 2026, and stated maturity expected May 5, 2031. The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and their estimated value on the trade date is expected to be between $885 and $935 per $1,000 face amount.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering non‑interest bearing medium‑term notes linked to an equally weighted basket of four bank stocks: Bank of America, Capital One, Morgan Stanley and Wells Fargo. The notes have an initial basket level of 100, an upside participation rate of 125%, a buffer level at 85% (buffer rate ≈ 117.65%), an expected trade date of April 27, 2026, an expected call observation date of May 10, 2027 and an expected stated maturity of May 2, 2028. If the basket is at or above 100 on the call observation date the notes will be automatically called for at least $1,205.50 per $1,000 face. If not called, maturity payments vary by final basket performance: positive basket return pays principal plus 1.25× return; final levels between 85% and 100% return principal; declines below 85% trigger reduced payments using the buffer rate. Estimated value at pricing is expected between $900 and $930 per $1,000 face.

GS Finance Corp. priced an autocallable contingent coupon index-linked note program guaranteed by The Goldman Sachs Group, Inc. The notes reference the Russell 2000®, S&P 500® and Nasdaq-100® and may be automatically called on observation end dates beginning June 2026 through June 2028 if each index closes at or above its initial levels set on March 30, 2026.

If not called, quarterly coupons of $34.375 per $1,000 (3.4375% quarterly; up to 13.75% per annum) are payable only if each index remains at or above 70% of its initial level for every trading day in the quarterly observation period. At maturity (expected October 5, 2028), the cash settlement is based on the lesser performing index: full principal is returned if that index is >=60% of its initial level; otherwise principal is reduced pro rata by the lesser performing index return. The estimated value on the trade date is stated as between $925 and $955 per $1,000 face amount.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal-protected notes linked to an equally weighted basket of Bank of America, Capital One, Morgan Stanley and Wells Fargo. The notes mature on March 30, 2028 with an automatic call feature on April 9, 2027 that would pay $1,191 per $1,000 if triggered. The notes provide an upside participation rate of 125% and a 15% buffer (buffer rate approximately 117.65%) that limits losses only up to the buffer mechanics. Estimated value at trade date was approximately $958 per $1,000; original issue price is 100%, underwriting discount 1.5%, net proceeds 98.5%. Trade date is March 27, 2026 and original issue date is April 1, 2026. The notes do not pay interest, do not convey shareholder rights, and are subject to issuer and guarantor credit risk. GS&Co. is the calculation agent with discretion over pricing adjustments, market-disruption determinations and anti-dilution adjustments.

GS Finance Corp. issues $1,045,000 of Jump Securities with an automatic-call feature linked to the worst-performing of Vertiv Holdings Co Class A common stock and GE Vernova Inc. common stock. The notes mature March 30, 2028, are principal-at-risk and offer fixed call or maturity premiums (between 33.70% and 67.40%) if automatically called; if not called, holders face 1-to-1 downside exposure to the worst-performing underlying stock with downside threshold prices set at 60.00% of each initial share price. The pricing date was March 27, 2026; estimated value on the pricing date was approximately $944 per security.

GS Finance Corp. is offering structured, S&P 500®-linked notes (aggregate face amount $3,757,000) that pay no interest and whose cash repayment at maturity depends on the S&P 500 performance from the trade date through the determination date. For each $1,000 face amount, investors receive either: (1) $1,000 plus the underlier return (capped at a maximum settlement amount of $1,224), (2) $1,000 if the final level is down no more than the buffer level (80% of initial), or (3) a reduced cash payment calculated using the buffer rate (100%) if the underlier falls more than the 20% buffer, which can result in substantial principal loss. Trade date is March 27, 2026 with original issue date April 1, 2026 and stated maturity March 30, 2028. The notes are senior unsecured obligations of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer and guarantor credit risk. The original issue price was 100% of face amount with an underwriting discount of 1.75%.

GS Finance Corp. priced principal-at-risk notes linked to the EURO STOXX 50® Index with a 151% upside participation rate and a 40% trigger buffer (trigger buffer level: 60% of the initial level). The notes mature on April 1, 2031 and pay no interest. If the final underlier level is at or above the initial level (5,505.80), investors receive a positive return equal to the upside participation rate times the underlier return. If the final underlier level falls but remains >= the trigger buffer level, the notes pay the absolute underlier return as a positive return. If the final underlier level is below the trigger buffer level, investors suffer losses equal to the underlier return, and could lose their entire investment. The notes are senior unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and are subject to the issuer's and guarantor's credit risk.

GS Finance Corp. offers structured, non‑interest bearing notes linked to NVIDIA Corporation stock with an automatic call feature. The notes have an $1,000 face amount reference and an aggregate face amount of $7,480,000. If NVIDIA’s closing price on the call observation date is ≥ the initial index stock price of $167.52, the notes are automatically redeemed on the call payment date for $1,243 per $1,000 face amount. If not called, the payment at the stated maturity will depend on the final index stock price on the determination date (March 27, 2028) with a 20% buffer and a 125% buffer rate, a threshold settlement of $1,486, and potential full loss of principal for large declines. Trade date is March 27, 2026 and original issue date is April 1, 2026; estimated value at terms is approximately $973 per $1,000 face amount.