GOLDMAN SACHS GROUP INC SEC Filings

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured, market‑linked notes linked to the Russell 2000 and S&P 500. The notes pay a contingent quarterly coupon of 2.1875% per quarter (up to 8.75% per annum) when each underlier meets its coupon trigger (70% of initial level).

At maturity (stated maturity May 29, 2031), if not earlier redeemed by the issuer, the cash settlement per $1,000 face amount is either $1,000 (if each final underlier ≥ its trigger buffer of 60%) or $1,000 plus $1,000 × the lesser performing underlier return; if the lesser performing underlier falls below its trigger buffer you can lose most or all of your investment. The issuer may redeem on coupon payment dates beginning June 2027. The notes are senior debt under the GSFC 2008 indenture; CUSIP US40054RJW25.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal-at-risk notes linked to the S&P 500 Index that may be automatically called or pay a variable cash settlement at maturity. The offering has an aggregate face amount of $9,906,000 and an original issue price of 100% of face amount. If the closing level of the S&P 500 on the call observation date is at or above the initial level, the notes will be automatically called and pay $1,100 per $1,000 face amount on the call payment date. If not called, the cash settlement at maturity depends on the final index level: investors receive upside participation at 168% for positive returns, full principal if the final level is at or above 85% of the initial level, or a loss calculated using the disclosed buffer rate (~117.65%) that can result in a total loss of invested principal. The notes pay no interest and are subject to the credit risk of GS Finance Corp. and its guarantor. Terms include trade date May 26, 2026, original issue date May 29, 2026, determination date May 26, 2028, and stated maturity June 1, 2028.

GS Finance Corp. offers structured medium-term notes (guaranteed by The Goldman Sachs Group, Inc.) linked to four index stocks. The notes have a $1,000 face amount per note, aggregate original face amount of $2,298,000, trade date May 26, 2026, original issue date May 29, 2026 and stated maturity June 3, 2031. Coupons are monthly and binary: the maximum coupon is $6.959 per $1,000 (0.6959% monthly, ~8.35% p.a.) if each index stock is >= 70% of its initial price on an observation date; otherwise the minimum coupon is $0.209 per $1,000 (0.0209% monthly, ~0.25% p.a.). The notes are automatically called if, on a call observation date, each index stock is >= its initial price; estimated value at pricing was approximately $954 per $1,000 face amount. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. is offering callable S&P 500® Futures Excess Return Index‑linked notes due May 29, 2031 with an initial aggregate face amount of $623,000. The notes do not pay interest; principal repayment at maturity depends on the final underlier level measured from the trade date May 26, 2026 to the determination date May 21, 2031. The notes provide 175% upside participation if the final underlier level exceeds the initial level of 604.90, return principal if the final level is between 80% and 100% of the initial level, and expose holders to losses below 80% (a 20% buffer). The issuer may redeem the notes on specified monthly call dates beginning June 1, 2027, at defined call premiums. The estimated value on the trade date was approximately $926 per $1,000 face amount. The notes are unsecured obligations of GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured, non‑interest bearing notes linked to three individual stocks: Alphabet Class C, Meta Class A and NVIDIA. The notes pay $1,230 per $1,000 if all three stocks are >= 90% of their initial prices on the call observation date, May 26, 2028, and otherwise pay at maturity on June 3, 2031 an amount tied to 1.25 times the lesser performing stock's return (subject to a floor of the face amount).

The trade date is May 26, 2026, original issue date May 29, 2026, aggregate face amount initially $692,000, and the estimated value at pricing was approximately $929 per $1,000 face amount. The notes carry issuer and guarantor credit risk and have capped call and maturity payoffs; GS&Co. is the calculation agent with broad discretion over price determinations and anti‑dilution adjustments.

The issuer GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering medium‑term, non‑interest bearing structured notes linked to the S&P 500® Index. The notes pay at maturity either the face amount ($1,000) or, if the final index level exceeds the initial level, a cash payment equal to $1,000 plus the underlier return up to a $1,278 maximum per $1,000 face amount. Key dates include a trade date of May 26, 2026, original issue date May 29, 2026, determination date May 28, 2030 and stated maturity May 31, 2030. The offering lists an aggregate face amount of $1,292,000, an original issue price of 100% of face amount and an underwriting discount of 3.55%. The comparable yield for tax accruals is stated as 4.76% per annum, with a projected payment at maturity of $1,210.62 based on a $1,000 investment.

GS Finance Corp. priced callable notes linked to the VanEck Semiconductor ETF (SMH). The notes have an $1,000 face amount per unit, trade date May 26, 2026, original issue date May 29, 2026 and stated maturity February 28, 2029, subject to the company’s redemption right. Coupons of $32.5 per $1,000 (3.25% quarterly; up to 13% per annum) are payable on a coupon date only if the underlier closing level on the related observation date is at least 80% of the initial underlier level of $602.14. At maturity the cash settlement equals $1,000 if the final underlier level is at or above the buffer level (80%). If the final underlier level is below the buffer level, the cash settlement will decline by the underlier return in excess of the 20% buffer, causing potential substantial loss of principal. The estimated value on the trade date was approximately $938 per $1,000 face amount. The offering bears the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., and includes an underwriting discount of 3%.

GS Finance Corp. priced structured, non‑interest bearing notes linked to the Dow Jones Industrial Average and the S&P 500. For each $1,000 face amount, redemption at maturity will pay either $1,000 or $1,000 plus the lesser performing underlier return, capped at a maximum settlement amount of $1,503.20. The notes mature on May 30, 2031 (determination date May 27, 2031), have an original issue price of 100% of face, an underwriting discount of 3.5%, and aggregate face amount of $1,181,000. The notes are senior unsecured obligations of GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer/guarantor credit risk, model valuation discounts, limited upside due to the cap, no interest payments, and special tax rules for contingent payment debt instruments.

GS Finance Corp. offers structured notes linked to the S&P 500® Futures Excess Return Index. The offering has an aggregate face amount of $4,498,000, an upside participation rate of 121%, a trade date of May 26, 2026, original issue date May 29, 2026, determination date May 27, 2031 and stated maturity May 30, 2031. The notes pay no interest and will pay at maturity either the face amount or $1,000 plus $1,000 × 121% × underlier return if the final underlier level exceeds the initial level. 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 is 100% of face amount; underwriting discount is 3.99% (net proceeds to issuer 96.01% of face amount). Tax treatment: the notes are treated as contingent payment debt instruments with a comparable yield of 4.86% per annum and a projected payment at maturity of $1,275.90 per $1,000 for U.S. federal income tax purposes as set by the issuer.