GOLDMAN SACHS GROUP INC SEC Filings

GS Finance Corp. offers Leveraged Buffered S&P 500Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return is tied to the S&P 500index performance from the trade date to the determination date.

For each $1,000 face amount, investors receive either (a) $1,000 plus an upside payoff equal to a 125% upside participation rate of the index return capped at a $1,252.50 maximum settlement amount, (b) $1,000 if the final index level is between 80% and 100% of the initial level, or (c) a reduced cash payment that declines by 1.25% of face amount for every 1% the final index level is below the buffer level, which could result in loss of the entire investment. Trade date is May 29, 2026 with stated maturity on June 2, 2028 (determination date May 30, 2028).

GS Finance Corp. is offering Buffer Autocallable GEARS linked to the S&P 500® Index, due and guaranteed by The Goldman Sachs Group, Inc. The securities have an expected trade date of May 27, 2026, original issue date May 29, 2026 and a stated maturity date of June 1, 2029. The notes pay no coupon, may be automatically called on the call observation date if the index closes at or above the autocall barrier, and provide upside exposure via an upside gearing set between 1.200 and 1.347. A 10.00% buffer applies at maturity: if the final index level is below the downside threshold of 90.00% of the initial level, investors lose 1.00 of principal for every 1.00 decline beyond the buffer. The call return is 9.00. Estimated model value at issuance is between $9.40 and $9.70 per $10 face amount; original issue price is 100.00% of face amount and the underwriting discount is 2.50%. Payments are subject to issuer and guarantor credit risk and to the terms described in the pricing supplement.

GS Finance Corp. is offering $Buffered S&P 500® Index-Linked Notes due December 13, 2027, guaranteed by The Goldman Sachs Group, Inc., with pay‑off linked to the S&P 500 Index performance from the trade date to the determination date. For each $1,000 face amount, investors receive either (a) $1,000 plus the underlier return up to a maximum settlement amount of $1,205, (b) the face amount if the final level is between the buffer level and the initial level, or (c) a pro rata loss below the buffer level with a buffer at 85% of the initial level (buffer amount 15% and buffer rate 100%). The notes pay no interest, are payable in cash only, are subject to issuer and guarantor credit risk, and may have limited secondary market liquidity.

GS Finance Corp. is offering autocallable index-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and can be automatically called on the call payment date if each underlier closes at or above its initial level on the call observation date; automatic call pays $1,172 per $1,000. If not called, maturity payment depends solely on the lesser performing underlier: investors can receive principal plus participation (250% upside participation) if that underlier is higher, receive par if the lesser performing underlier is at or above 70% of its initial level, or suffer losses down to the lesser performing underlier return (potential loss of principal). Key dates include trade date May 26, 2026, original issue date May 29, 2026, call observation date May 26, 2027, call payment date June 3, 2027, determination date May 29, 2029, and stated maturity June 5, 2029. The notes are linked to the Dow Jones Industrial Average, Nasdaq-100 and Russell 2000 and are subject to issuer and guarantor credit risk, model-based valuation that may be below the issue price, limited secondary-market liquidity, and uncertain U.S. federal tax treatment.

GS Finance Corp. offers leveraged, callable notes linked to the S&P 500® Futures Excess Return Index with payment and redemption mechanics set on the trade date. Each note has a $1,000 face amount and an upside participation rate of 690% (i.e., 6.9 times the index return) for positive index performance. Trade date is expected to be June 3, 2026, original issue date expected June 8, 2026, and stated maturity expected June 8, 2033 with determination date expected June 1, 2033.

Notes pay at maturity either (i) $1,000 plus $1,000×690%×index return if the final underlier level is greater than the initial underlier level, or (ii) $1,000 if the index return is zero or negative. The issuer may redeem the notes on scheduled monthly call payment dates beginning June 8, 2027 at amounts capped by the listed call premium amounts. The estimated value at pricing is stated between $885 and $925 per $1,000 face amount.

The BlackRock® Dynamic Factor Index Supplement No. 77 describes notes issued by GS Finance Corp. whose payments are linked to the BlackRock Dynamic Factor Index. The index combines an equity ETF basket (five ETFs), a fixed income ETF basket (three ETFs) and a cash constituent and measures outperformance versus SOFR + 0.26161% plus 0.65% per annum (accruing daily). The index targets a 5% volatility limit and allocates among equity, fixed income and cash daily; as of May 1, 2026 the cash constituent was 35.58% and has been as high as 85.5%. Historical index data prior to December 28, 2021 used 3-month USD LIBOR, and limited post-LIBOR history is available.

The Goldman Sachs Group, Inc. is offering callable fixed rate notes that pay 6.00% per annum, with an expected original issue date of June 9, 2026 and an expected stated maturity of May 25, 2046. Interest is payable annually on expected payment dates of June 9 of each year, with the first payment expected on June 9, 2027. The notes are callable by the issuer, in whole but not in part, on redemption dates expected each March 9, June 9, September 9 and December 9 on or after June 9, 2029, at 100% of principal plus accrued interest. The notes will be issued in book-entry form as a master global note held through DTC and are a new issue with no established trading market.

The Goldman Sachs Group, Inc. is offering $7,000,000 principal of Callable Fixed Rate Notes due May 7, 2029. The notes pay interest at 4.525% per annum from and including the original issue date May 22, 2026, with annual payments each May 22 and the stated maturity. The first interest payment is May 22, 2027. The issuer may redeem the notes in whole, on specified redemption dates on or after May 22, 2027, at a redemption price equal to 100% of principal plus accrued interest, with at least five business days’ prior notice.

The notes will be issued in book-entry form through DTC. Initial price to public is 100% (aggregate $7,000,000); underwriting discount is 0.873% (aggregate $61,110), yielding proceeds before expenses to The Goldman Sachs Group, Inc. of $6,938,890. The offering is subject to distribution agreements with Goldman Sachs & Co. LLC and InspereX LLC and complies with applicable jurisdictional investor restrictions.

GS Finance Corp. is offering Index-Linked Notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and settle in cash at maturity based solely on the lesser performing underlier between the Nasdaq-100 and the S&P 500. If both underliers finish above their initial levels, holders receive the face amount plus a return equal to the 109.25% upside participation rate applied to the lesser performing underlier return. If any underlier finishes below its 85% buffer level, losses occur pro rata below that buffer, potentially causing a substantial loss of principal. Trade date is May 22, 2026 with stated maturity May 25, 2029. The notes are senior unsecured obligations of GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer and guarantor credit risk.