GOLDMAN SACHS GROUP INC SEC Filings

The issuer is offering S&P 500® Index-linked, non-interest bearing notes maturing on June 5, 2028 with a trade date of May 26, 2026 and a determination date of May 26, 2028. Each $1,000 face amount pays either (a) $1,035 at maturity if a barrier event occurs during the measurement period (a single-day closing below 74% or above 126% of the initial index level) or (b) if no barrier event occurs, $1,000 plus $1,000 times the absolute index return (limited to between 0% and 26%). The initial underlier level is 7,519.12. The estimated value on the trade date is approximately $970 per $1,000 face amount; original issue price is 100% and underwriting discount is 2.25%. The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer and guarantor credit risk, limited upside depending on barrier outcomes, secondary-market liquidity constraints and special U.S. tax rules.

GS Finance Corp. is offering $1,000 face‑amount Autocallable Goldman Sachs Momentum Builder® Focus ER Index‑Linked Notes due June 17, 2033, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, have a 100% upside participation rate and may be automatically called on annual observation dates beginning June 15, 2027 if the index meets rising call levels. The notes’ cash‑at‑maturity formula pays $1,000 plus upside participation when the final index level exceeds the initial level; if the final index level is equal to or less than the initial index level, holders receive the $1,000 face amount. GS&Co. estimates the notes’ value on the trade date at $850 to $890 per $1,000 face amount, below the original issue price. The notes are linked to the Goldman Sachs Momentum Builder® Focus ER Index, which daily rebalances across eligible assets and applies volatility and momentum controls and a 0.65% p.a. deduction.

GS Finance Corp. is offering auto‑callable equity‑linked notes backed by a guarantee from The Goldman Sachs Group, Inc., maturing June 5, 2029. The offering has an aggregate face amount of $3,818,000 on the original issue date and may be increased at the issuer’s option. Coupons equal $16 per $1,000 (1.6% monthly; potential 19.2% per annum) if each index stock meets a 60% coupon trigger on an observation date. The notes reference the common stocks of JPMorgan Chase (initial $306.74), Micron Technology (initial $895.88) and Palantir (initial $136.60). Notes are automatically called if, on a call observation date, each index stock’s closing price is ≥ its initial price; otherwise maturity payoff depends on whether a trigger event occurs and on the lesser performing index stock. Estimated value at pricing was approximately $927 per $1,000. Underwriting discount is 3.5% with net proceeds to issuer of 96.5%.

GS Finance Corp. offers structured notes maturing June 3, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes (original issue date May 29, 2026) pay a variable monthly coupon tied to the common stocks of AMD, UnitedHealth, Tesla, and NVIDIA. Coupons will be the maximum $9.375 or the minimum $0.209 per $1,000 face amount depending on whether each index stock meets a trigger of 77.5% of its initial price on monthly observation dates. Notes are subject to an automatic call if, on any call observation date, the closing price of each index stock is greater than or equal to its initial price; called notes pay face amount plus the coupon on the applicable call payment date. The prospectus discloses an estimated value of approximately $939 per $1,000 face amount on the trade date and an original issue price at 100% with an underwriting discount of 4%.

The notes are unsecured obligations and depend on the credit of GS Finance Corp. and its guarantor. The calculation agent (GS&Co.) has broad discretion over price determinations, observation-date postponements, and anti-dilution adjustments, which may affect coupons, call determinations and market value.

GS Finance Corp. offers EURO STOXX 50-linked, principal-protected notes due May 29, 2031. For each $1,000 face amount, investors receive either the face amount at maturity or, if the index rises, $1,000 plus 115% of the index return measured from the trade date to the determination date. The notes pay no interest, are guaranteed by The Goldman Sachs Group, Inc., trade at an original issue price of 100% with a 3.875% underwriting discount, and have an issuer aggregate face amount of $839,000. U.S. federal tax treatment treats the notes as contingent payment debt instruments with a stated comparable yield of 4.86% and a projected maturity payment of $1,275.73 per $1,000 investment for tax accrual purposes.

GS Finance Corp. is offering medium-term notes linked to a common share of Ferrari N.V. (trade date May 26, 2026, original issue date May 29, 2026) that mature on June 1, 2029. The notes have a $1,000 face amount per note and an aggregate original face amount of $95,000. If the closing price of one Ferrari share on the determination date (subject to anti-dilution and market-disruption rules) is greater than or equal to the initial index stock price of $329.91, each $1,000 note will pay a capped maximum settlement of $1,269; if the final price is lower, each note will pay $1,000. The estimated value on the trade date was approximately $978 per $1,000 face amount. Original issue price was 100% with an underwriting discount of 0.75% (net proceeds 99.25%). Payments depend on Ferrari share performance and are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. is offering structured, zero‑coupon notes linked to an equally weighted basket of nine common stocks with a trade date of May 26, 2026 and a stated maturity of June 1, 2028. The notes are automatically called if the basket closing level on the call observation date (June 8, 2027) is greater than or equal to the initial basket level, in which case each $1,000 face amount pays $1,197.50 on the call payment date. At maturity the cash payment depends on the basket return: positive returns participate at 125%; returns between 0% and -20% return principal; returns below -20% expose holders to losses with a 20% buffer (buffer level = 80% of initial level). The estimated value on the trade date was approximately $945 per $1,000 face amount; original issue price is 100% of face amount with an underwriting discount of 1.5%. Payments are subject to the credit risk of GS Finance Corp. and guarantor The Goldman Sachs Group, Inc..

GS Finance Corp. is offering structured medium-term notes due June 3, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay a monthly coupon that is either a maximum $5.167 or a minimum $0.834 per $1,000 face amount depending on whether, on an observation date, each of four reference stocks meets its 80% trigger.

The offering aggregates $3,414,000 of face amount on the original issue date, has an original issue price of 100%, an underwriting discount of 4.25%, and an estimated model value at pricing of approximately $946 per $1,000 face amount.

GS Finance Corp. is offering leveraged callable notes tied to the S&P 500® Futures Excess Return Index due May 29, 2031. The notes have a $1,000 face amount per note and an aggregate original face amount of $5,845,000. If the final underlier level on the determination date exceeds the initial level of 604.90, holders receive $1,000 plus 1.5× the index return per $1,000 face amount; if the index return is zero or negative, holders receive $1,000. The issuer may redeem the notes on specified monthly call dates beginning June 1, 2027, at 100% plus a stated call premium. The estimated value at issuance is approximately $939 per $1,000, the original issue price is 100% of face amount, and the underwriting discount is 3.75%.