GOLDMAN SACHS GROUP INC SEC Filings

GS Finance Corp. offers index-linked notes due June 10, 2032 that are fully guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and pays no interest; the maturity payout depends on the performance of the lesser performing underlier (DJIA, Russell 2000, S&P 500).

If all underliers finish above their initial levels, holders receive $1,000 plus 135% of the lesser performing underlier return. If any underlier finishes below its buffer level (75% of initial), holders suffer proportional principal loss; examples show a final underlier level of 19% would produce a cash settlement of 44% of face amount.

GS Finance Corp. offers a primary issuance of structured notes linked to an equally weighted basket of nine common stocks. The notes have an expected trade date of June 15, 2026, an original issue date expected to be June 18, 2026, an expected call observation date of June 28, 2027, and a stated maturity expected to be June 21, 2028. The notes pay no interest and include an automatic redemption if the basket closing level on the call observation date is greater than or equal to the initial basket level, producing a minimum call payment of $1,196 per $1,000 face amount (set on the trade date). At maturity, the cash settlement uses an upside participation rate of 125% for positive basket returns, a buffer level of 80% (a buffer amount of 20%) and a buffer-rate of 125% for negative returns below the buffer. The basket comprises Alphabet, Amazon, Amphenol, Arista, Broadcom, Coherent, Meta, Microsoft and NVIDIA. The issuer and guarantor credit risk, a stated estimated value of $900–$930 per $1,000 face amount at pricing, complex anti-dilution adjustments and limited secondary-market liquidity are disclosed as key risks.

GS Finance Corp. priced contingent principal notes linked to a weighted basket of three indexes with an expected trade date of June 4, 2026, an expected original issue date of June 9, 2026, an expected call observation date of June 11, 2027 and an expected stated maturity date of June 9, 2031. The notes pay no interest and return depends on a basket (65% S&P 500® Futures Excess Return Index; 25% MSCI EAFE; 10% MSCI Emerging Markets) with an initial basket level of 100. If the basket on the call observation date is ≥100 the notes are called and pay $1,150 per $1,000 face amount. If not called, maturity pay depends on the basket return: upside participation is 232.5%, a trigger buffer is 70% of the initial basket level, and losses below the buffer reduce principal dollar-for-dollar. The estimated value at pricing is stated between $885 and $925 per $1,000 face amount. Payments are subject to issuer and guarantor credit risk and complex market, currency, futures roll and tax risks.

GS Finance Corp. offers callable, equity-linked notes guaranteed by The Goldman Sachs Group, Inc. The notes reference four index stocks (NVIDIA, Alphabet Class C, AMD and Tesla) and pay monthly coupons of 0.6375% per month (up to 7.65% per annum) only if each index stock meets a 78% trigger of its initial price on monthly observation dates. The notes mature on June 10, 2033 unless automatically called on a call observation date beginning in June 2027. The estimated value at pricing is between $885 and $925 per $1,000 face amount.

GS Finance Corp. is offering autocallable equity-linked notes due 2030 that are guaranteed by The Goldman Sachs Group, Inc. The notes reference the common stock of Microsoft Corporation and feature quarterly automatic call observation dates; payments are cash-settled and capped.

The notes pay no interest, include a buffer level of 80% (buffer amount 20%) and a capped maturity premium of 40.80%. If not called, maturity payoff depends on the final underlier level versus the buffer and initial levels; losses can be substantial and investors bear issuer and guarantor credit risk.

GS Finance Corp. offers index-linked notes due June 14, 2028 that pay at maturity an amount tied to the lesser performing of the Nasdaq-100 Index® and the S&P 500® Index. For each $1,000 face amount, holders may receive up to a $1,090 payment if both underliers are flat or positive. If the lesser performing underlier finishes down but stays at or above 60% of its initial level, the holder receives $1,000 plus the absolute value of that negative return (producing a positive payoff). If the lesser performing underlier finishes below 60% of its initial level, the payoff equals $1,000 plus $1,000 times (lesser performing return + 40%), which can result in substantial losses to principal. The pricing models estimate the notes' value on the trade date to be between $925 and $965 per $1,000 face amount. The notes do not pay interest, are unsecured obligations of GS Finance Corp., are guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer and guarantor credit risk. Trade date, original issue date and determination date are expected to be June 9, 2026, June 12, 2026 and June 9, 2028, respectively.

GS Finance Corp. offers autocallable contingent coupon notes linked to the VanEck Gold Miners ETF (GDX) with an initial underlier level set on May 27, 2026, an original issue date of May 29, 2026 and a stated maturity of June 1, 2029. The notes pay a contingent quarterly coupon only when the underlier closes at or above a coupon trigger level of 55% of the initial underlier level, and will be automatically called on a call payment date if the underlier closes at or above the initial underlier level on a call observation date.

At maturity (if not called), each $1,000 face amount pays $1,000 if the final underlier level is at or above the trigger buffer level of 55%; otherwise the cash settlement equals $1,000 plus $1,000 times the underlier return, which can result in a loss of principal (including the potential to lose the entire investment). The calculation agent is Goldman Sachs & Co. LLC.

GS Finance Corp. offers Leveraged Buffered S&P 500® Futures Excess Return Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity is tied to the S&P 500 Futures Excess Return Index performance versus an initial level set on the trade date, with an upside participation rate of 120.25% and a 15% buffer (buffer level = 85% of initial). If the final underlier level is between the initial level and the buffer level, investors receive the absolute underlier return; if the final underlier level falls below the buffer level, losses accrue dollar-for-dollar below the buffer. Trade date is May 29, 2026, original issue date June 3, 2026, determination date May 30, 2028, and stated maturity June 2, 2028.

The notes are cash-settled per $1,000 face amount, carry issuer and guarantor credit risk, and may trade illiquidly; GS&Co. may make a market but is not obligated to do so. Pricing models indicate the original issue price will exceed estimated model value due to underwriting discounts and fees; secondary market prices may differ materially.

GS Finance Corp. offers $3,768,000 aggregate face amount of Leveraged Buffered Basket-Linked Notes due May 25, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity depends on a weighted basket of five indices measured from the trade date May 21, 2026 to the determination date May 22, 2028.

If the final basket level is above the initial level (100), holders receive 150% participation in positive basket return up to a cap (cap level 118%), producing a maximum cash settlement of $1,270 per $1,000 face amount. If the final basket level is between 90% and 100% of the initial level, holders receive the face amount. If the final basket level is below 90%, the payoff declines and may result in substantial principal loss. The estimated value at pricing was approximately $983 per $1,000 face amount.