GOLDMAN SACHS GROUP INC SEC Filings

GS Finance Corp. is offering callable S&P 500® Futures Excess Return Index‑Linked Notes due, guaranteed by The Goldman Sachs Group, Inc. The notes (face amount $1,000 per note) pay no interest, have an upside participation rate of 410%, a trigger buffer at 70%, an expected trade date of May 20, 2026 and an expected stated maturity of May 27, 2031. The notes may be redeemed monthly from May 2027 through April 2031 at specified capped call premiums. The estimated value at pricing is between $885 and $925 per $1,000 face amount. Payments at maturity depend on the final closing level of the S&P 500® Futures Excess Return Index on the determination date and are subject to the credit risk of GS Finance Corp. and its guarantor.

GS Finance Corp. offers autocallable contingent coupon underlier-linked notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent monthly coupon of $11.042 per $1,000 (1.1042% monthly, potential up to approximately 13.25% per annum) when each underlier meets a 70% coupon trigger on observation dates. The notes are callable early if each underlier equals or exceeds its initial level on a call observation date; trade date is May 22, 2026, original issue date is May 28, 2026, and stated maturity is May 28, 2031. Payment at maturity (if not called) depends solely on the lesser performing underlier versus its trigger buffer (70% of initial level), and investors may lose up to their entire investment.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured, non‑interest bearing notes linked to three single stocks. The notes have a face amount of $1,000 per note, an expected trade date of May 22, 2026, an expected original issue date of May 28, 2026 and an expected stated maturity of May 22, 2031.

The notes include an automatic call if, on the call observation date (expected August 24, 2026), each reference stock is ≥ 80% of its initial price, producing a capped cash payment of $1,194.001 per $1,000 face amount on the call payment date. At maturity, if not called, payoff depends solely on the lesser performing index stock: upside participation is 200% if all final prices exceed initial prices; a full return of principal occurs if all final prices are ≥ 60%; below 60% the investor suffers amplified losses based on a buffer rate of ~166.67%, potentially losing the entire investment.

Goldman Sachs Bank USA is offering $10,000,000 principal of callable fixed rate notes due May 18, 2029 with an interest rate of 4.60% per annum, payable semiannually on May 18 and November 18 beginning November 18, 2026. The issuer may redeem the notes in whole (not in part) on each redemption date on or after May 18, 2027 at a price equal to 100% of principal plus accrued interest, with at least five business days’ prior notice. The notes are unsecured, subordinated to depositors, not FDIC insured, and are being offered in reliance on Section 3(a)(2) of the Securities Act. The initial price to public is 100% (per note $10,000), with underwriting discount of 0.25% (aggregate $25,000) and proceeds to the issuer of 99.75% (aggregate $9,975,000).

GS Finance Corp. is offering autocallable S&P 500® Futures Excess Return Index‑linked notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes have a 200% upside participation rate, an 80% buffer level and a capped automatic call payment of $1,286 per $1,000 face amount on the call payment date if the underlier is at or above the initial level on the call observation date. The notes do not pay interest, are cash‑settled, track the S&P 500® Futures Excess Return Index (E‑mini futures) rather than the S&P 500® Index, and may expose investors to losses up to the full investment if the final underlier level is below the buffer level. Trade date is May 20, 2026, original issue date May 26, 2026, call observation date May 22, 2028 (call payment May 25, 2028) and maturity determined on May 20, 2031 with stated maturity May 23, 2031.

GS Finance Corp. is offering autocallable, contingent-coupon, index-linked notes due in 2029, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Russell 2000®, S&P 500® and Nasdaq-100 and pay quarterly coupons of $31.25 per $1,000 face amount only if each index stays at or above 70% of its initial levels during a quarterly observation period.

The notes may be automatically called beginning with the August 2026 observation end date if each index closes at or above its initial level set on May 15, 2026. At maturity (expected May 18, 2029), if not called, the cash payment depends on the performance of the lesser performing index and may result in significant loss, including loss of most or all principal if that index falls below 60% of its initial level. Estimated value at pricing is between $925 and $965 per $1,000 face amount.

GS Finance Corp. is offering Autocallable Contingent Coupon Index-Linked Notes due 2029, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and may pay a contingent monthly coupon of $8 per $1,000 (0.8% monthly; up to 9.6% per annum) if each underlier meets its coupon trigger level on observation dates. The notes are linked to the Nasdaq-100, Russell 2000 and S&P 500 indices, contain an automatic call feature if all underliers are at or above their initial levels on a call observation date, and at maturity pay an amount tied to the lesser performing underlier, subject to a trigger buffer level that can cause principal loss. Trade date is May 20, 2026; issue date is May 26, 2026; stated maturity is May 24, 2029.

GS Finance Corp. offers buffered basket-linked notes due May 30, 2031, guaranteed by The Goldman Sachs Group, Inc. Return is based on a weighted basket of TOPIX, the S&P 500® and the EURO STOXX 50®, measured from an expected trade date of May 27, 2026 to the expected determination date of May 27, 2031. Each $1,000 face amount pays at maturity either (a) $1,000 plus the weighted return up to a minimum $2,000 cap if the weighted return is positive, (b) $1,000 if the weighted return is between 0% and -20%, or (c) $1,000 plus $1,000 times (weighted return + 20%) if the weighted return is below -20%, which can produce substantial principal loss.

The notes do not bear interest; the estimated value on the trade date is between $885 and $915 per $1,000 face amount. Original issue price is 100% of face amount; underwriting discount is 3%.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal-protected contingent notes linked to the S&P 500® Futures Volatility Plus Daily Risk Control Index. Each $1,000 note may pay monthly coupons of $6.292 when observation dates meet a 85% trigger and matures expected June 3, 2031, unless automatically called beginning May 2027. At maturity you receive $1,000 if the final index level is at least 85% of the initial level; if it is below 85%, payoff is reduced by the index return beyond a 15% buffer. The estimated value at pricing is between $885 and $925 per $1,000 face amount.