Goldman Sachs Group Inc SEC Filings

GS Finance Corp. is offering principal-protected structured notes linked to an equally weighted 9-stock basket guaranteed by The Goldman Sachs Group, Inc. The notes have an upside participation rate of 125%, a buffer equal to 20% (buffer level 80%), an expected trade date of May 8, 2026, an expected call observation date of May 21, 2027 (automatic call if basket closing level ≥ initial level) and an expected stated maturity date of May 11, 2028. If called, holders receive at least $1,192.50 per $1,000 face amount. If not called, maturity payoffs depend on the basket return: positive returns receive principal plus 1.25× the basket return, returns between 0% and -20% receive principal, and returns below -20% absorb losses after the 20% buffer. The estimated model value on the trade date is $900–$930 per $1,000 face amount, reflecting issuance costs and credit spreads. The notes do not pay interest, do not confer shareholder rights in the basket stocks, and are subject to issuer and guarantor credit risk.

GS Finance Corp. offers structured, equity-linked notes guaranteed by The Goldman Sachs Group, Inc. The offering totals an aggregate face amount of $2,338,000 on the original issue date, with an original issue price of 100% of face amount and an underwriting discount of 3.25%. The notes pay a fixed monthly coupon of $14.334 per $1,000 (1.4334% monthly, ~17.2% per annum) and mature on May 8, 2028, but include an automatic call feature commencing with call observation dates beginning October 30, 2026. Redemption at maturity depends on the final closing prices of three index stocks (Micron, Broadcom, AMD) relative to specified initial prices; a trigger event could cause principal loss tied to the lesser performing index stock.

The estimated value at pricing was approximately $969 per $1,000 face amount. Payments are subject to issuer and guarantor credit risk, limited anti-dilution protection, potential postponement for market disruption events, and discretion by the calculation agent (GS&Co.).

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) offers $7,863,000 of contingent income callable securities due May 4, 2028. These unsecured notes pay a contingent quarterly coupon of $27.875 per $1,000 only if each of the S&P 500®, Russell 2000® and Nasdaq-100® closes at or above its downside threshold (70.00% of the initial index value) on every index business day during the applicable quarterly observation period. The securities are callable at issuer option on specified coupon dates beginning August 6, 2026 at 100% of principal plus any coupon then due. At maturity, if any underlying index closes below its downside threshold the payment equals $1,000 times the worst performing index performance factor; investors do not participate in upside beyond principal.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering contingent quarterly coupon, automatic‑callable notes linked to Marvell Technology, Inc. common stock. The offering aggregates $13,477,000 of face amount with a $1,000 face amount per note and an original issue price equal to face amount.

Coupons of up to $75 per observation may pay only if the underlier closes at or above 65% of the initial level. If not called and the final underlier level is below the 65% buffer, maturity cash is determined using a 153.85% buffer rate; investors could lose their entire investment. Trade date is May 1, 2026, stated maturity is May 20, 2027.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured, non-interest-bearing notes linked to a weighted basket of the S&P 500® Futures Excess Return Index (70%), MSCI EAFE Index (20%) and MSCI Emerging Markets Index (10%). The notes have an expected trade date of May 19, 2026, an expected original issue date of May 22, 2026, an automatic call observation date expected on May 26, 2027 (call payment expected June 1, 2027), and an expected stated maturity date of May 22, 2031.

If the basket closing level on the call observation date is greater than or equal to the initial basket level (100), the notes will be automatically called and pay $1,150 per $1,000 face amount. If not called, the cash settlement at maturity depends on the basket return: a positive return pays principal plus 225% upside participation, a return between 0% and -30% returns $1,000, and a decline below -30% results in a loss proportional to the basket return (potentially a total loss of principal). The estimated model value on the trade date is between $885 and $935 per $1,000 face amount. Credit risk of the issuer/guarantor and futures-specific risks (including negative roll yield and currency/ex‑US market risks) apply.

GS Finance Corp. is offering Buffered S&P 500® Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return a cash settlement at maturity tied to the S&P 500® performance from the trade date to the determination date.

The structure provides a 15% buffer (buffer level 85% of the initial underlier) and caps upside at a $1,275 cash settlement per $1,000 face amount. If the final underlier level falls below the buffer level, investors lose on a 1:1 basis beyond the buffer; substantial principal loss is possible. Key dates include trade date May 19, 2026, original issue date May 22, 2026, determination date May 19, 2028, and stated maturity date May 24, 2028.

GS Finance Corp. offers principal-protected-notes‑style instruments linked to EQT Corporation stock with a stated maturity of May 20, 2027. The notes pay contingent coupons (based on a $37.75 multiplier per observation schedule) if the index stock closes at or above 70% of the initial index stock price on coupon observation dates. The initial index stock price is $58.66; call and coupon observation dates are Aug 17, 2026, Nov 16, 2026, Feb 16, 2027 and May 17, 2027. The notes will be automatically called if the index stock on any call observation date is >= $58.66. Aggregate face amount on original issue date is $6,277,000. The estimated value at pricing was approximately $983 per $1,000 face amount; original issue price was 100% with a 1% underwriting discount.

GS Finance Corp. is offering structured notes linked to Micron Technology common stock under a pricing supplement. The offering shows an aggregate face amount of $398,000 with an original issue price equal to face amount and a 1% underwriting discount. Each $1,000 note pays no interest and returns a cash settlement at maturity based on Micron's performance from April 27, 2026 to the determination date. If the final underlier level is ≥ the trigger buffer level of 50% of the initial level, the note pays a capped $1,568 maximum settlement per $1,000 face amount. If the final underlier level is below that buffer, holders lose 1% of face amount for each 1% decline below the initial level and could lose their entire investment.

The notes are unsecured obligations of GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., and subject to issuer and guarantor credit risk. Secondary-market liquidity is not assured and tax treatment is described as uncertain.

The offered notes are principal‑at‑risk, autocallable cash‑settled notes issued by GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc., linked to the common stock of Palo Alto Networks, Inc. (the underlier). For each $1,000 face amount, an automatic call on the call payment date pays $1,189 if the underlier closing level on the call observation date is greater than or equal to the initial underlier level. If not called, the cash settlement at maturity depends on the final underlier level and the 150% upside participation rate, a 65% trigger buffer and the initial underlier level of $181.08. The notes pay no interest, carry issuer and guarantor credit risk, and can result in the loss of your entire investment if the final underlier level is below the trigger buffer. Trade date: May 1, 2026; original issue date: May 6, 2026; stated maturity: May 4, 2029.