GOLDMAN SACHS GROUP INC SEC Filings

GS Finance Corp. is offering principal-protected contingent notes linked to the S&P 500® Futures Volatility Plus Daily Risk Control Index. The notes mature on the stated maturity date, expected to be June 3, 2031, unless automatically called on any monthly call observation date commencing in May 2027 through April 2031. On each coupon payment date a holder receives $7.834 per $1,000 (0.7834% monthly, ~9.4% per annum) if the index closing level on the related coupon observation date is at least 85% of the initial index level; otherwise the coupon is $0. At maturity, if the final index level is below 85% of the initial level, the cash settlement equals $1,000 plus $1,000 × (index return + 15%), which can result in a substantial loss of principal. The estimated value on the trade date is expected to be between $885 and $925 per $1,000 face amount.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal-protected contingent redemption notes tied to three single stocks. The notes have a $1,000 face amount per note, an 200% upside participation rate, a 60% buffer threshold and an expected stated maturity of May 28, 2031. The notes are callable early if, on the call observation date (expected August 24, 2026), each reference stock closes at or above 75% of its initial price; an automatic call would produce a fixed cash payment of $1,190.002 per $1,000 face amount on the call payment date (expected August 27, 2026). If not called, maturity payment depends solely on the lesser performing index stock: positive payoff equals 2 times the lesser performing return above initial price; if the lesser performing stock finishes below 60% of its initial price the loss accelerates by a buffer rate (~166.67%), potentially causing a total loss of principal. The estimated value at trade date is between $885 and $925 per $1,000 face amount. Terms, anti-dilution adjustments, market-disruption mechanics and issuer/guarantor credit risk are disclosed in the supplement.

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 pays a contingent monthly coupon of $9.625 if each underlier meets a 65% coupon trigger on observation dates; notes may be automatically called if all underliers meet their initial levels on a call observation date.

The notes reference the Nasdaq-100 Technology Sector Index, the Russell 2000® Index and the S&P 500® Index. At maturity, if not called, principal repayment depends on the performance of the lesser performing underlier: if that underlier is below its 65% trigger buffer, repayment equals $1,000 plus the lesser performing underlier return times $1,000, which could result in loss of the entire investment. Trade date is May 18, 2026, original issue date May 21, 2026, and stated maturity May 23, 2029.

GS Finance Corp. is offering $284,000 aggregate face amount of medium-term contingent monthly coupon notes, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes reference NVIDIA Corporation and Tesla, Inc. and pay monthly contingent coupons if each underlier meets a 70% coupon trigger on observation dates. The notes have a 60% trigger buffer for principal protection tests, an automatic call feature if both underliers close at or above their initial levels on a call observation date, a trade date of May 13, 2026, an original issue date of May 18, 2026, and a stated maturity of May 22, 2028. The cash settlement at maturity (if not called) is based solely on the lesser performing underlier and can result in a total loss of principal.

GS Finance Corp. is offering structured notes with an aggregate face amount of $500,000. The notes reference four index stocks—Advanced Micro Devices, Alphabet Class C, NVIDIA and Tesla—and pay monthly contingent coupons if each index stock meets an 80% coupon trigger on coupon observation dates. The notes carry an automatic call feature beginning May 2027 if each index stock is ≥90% of its initial index stock price on a call observation date; if called, holders receive the face amount plus the accrued coupon. Key economics: trade date May 13, 2026, original issue date May 18, 2026, stated maturity May 20, 2033, coupon pacing $6.375 per observation (0.6375% monthly, up to 7.65% per annum) and an estimated value at term-setting of approximately $931 per $1,000 face amount. The prospectus notes an underwriting discount of 4.125% and net proceeds to issuer of 95.875% of face amount. Payments are unsecured obligations of GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc.; holders bear issuer/guarantor credit risk, limited anti-dilution protection, and potential illiquidity.

GS Finance Corp. is offering $1,000 face‑amount Leveraged Buffered S&P 500® Index‑Linked Notes due June 21, 2027. The notes reference the S&P 500® Index with an upside participation rate of 150%, a maximum settlement amount of $1,131.50 per $1,000 face amount, and a buffer level of 90% (buffer amount 10%). The initial underlier level is 7,501.24 (closing level on May 14, 2026), the trade date is May 19, 2026, and the original issue date is May 22, 2026. Payment at maturity is cash based on the arithmetic average of the underlier on ten averaging dates in June 2027. The notes do not bear interest and are fully guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. priced leveraged, principal-at-risk medium-term notes due June 1, 2029. These equity index linked securities are linked to the lowest performing of the S&P 500®, TOPIX and the EURO STOXX 50® and provide at least a 258% upside participation rate if that underlier rises.

The securities feature a 20% downside buffer (threshold = 80% of starting level) and a 1.25 multiplier that amplifies losses beyond the buffer; investors may lose up to 100% of face amount. Estimated value at pricing is $900–$930 per $1,000; original offering price is $1,000 with underwriting discount up to $28.25. Pricing date: May 29, 2026; calculation day: May 29, 2029.

GS Finance Corp. is offering Buffered Digital Equity-Linked Notes guaranteed by The Goldman Sachs Group, Inc., linked to the common stock of NVIDIA Corporation (NVDA). Each note has a $1,000 face amount and a capped payoff: a maximum settlement amount expected between $1,223.40 and $1,262.10 per $1,000 face amount. The notes provide protection only above a buffer level equal to 85% of the initial underlier level and apply a buffer rate of approximately 117.65% to losses below that level; investors may lose their entire investment if the final underlier level falls sufficiently below the buffer level. The notes do not pay interest, are cash-settled at maturity based on a determination date expected about 13–15 months after the trade date, and are subject to the issuer’s and guarantor’s credit risk and customary structural, market and tax risks.

The Goldman Sachs Group, Inc. is offering fixed rate senior notes with a principal amount shown of $1,000,000 issued at 100% of principal on an original issue date of May 15, 2026. The notes pay interest at 5.00% per annum semiannually on May 15 and November 15, mature on May 16, 2033, and will be issued in book-entry form as a master global note held through DTC. The underwriting discount is 0.25% of principal, producing net proceeds to the issuer of 99.75% of principal. The notes will not be listed on an exchange and are not bank deposits or FDIC insured.