Goldman Sachs Group Inc SEC Filings

GS Finance Corp. priced $7,283,000 of market-linked notes due May 8, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return $1,000 per note at maturity plus a supplemental payment equal to 114.30% of any positive basket percent change measured from the pricing date to the valuation date; if the final basket value is equal to or less than the initial basket value of 100, holders receive only the $1,000 stated principal amount. The basket is weighted: EURO STOXX 50 (40.00%), TOPIX (25.00%), FTSE 100 (17.50%), SMI (10.00%) and S&P/ASX 200 (7.50%). Payments are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. offers structured, autocallable notes linked to AMD, Micron, NVIDIA and Tesla stock performance. The notes have an aggregate face amount of $2,070,000, original issue date May 5, 2026, original issue price 100% and stated maturity May 7, 2031. Coupons are monthly and equal either a maximum formula (0.65% monthly accrual up to periodic maxima) or a minimum $0.209 per $1,000. Notes are automatically called if each index stock closes at or above its initial price on any call observation date; payment at call equals principal plus coupon. The estimated value at pricing was approximately $947 per $1,000 face amount. Payments depend on GS Finance Corp. and Goldman Sachs creditworthiness and on calculation agent determinations by GS&Co.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering contingent, non‑interest bearing, cash‑settled notes linked to the S&P 500® Futures Excess Return Index. For each $1,000 face amount, the notes pay at maturity either $1,000 + $1,000×200%×(underlier return) if the final underlier level is above the initial level, or $1,000 + $1,000×(underlier return) if the final level is equal to or below the initial level; a decline in the underlier can cause large losses, including a total loss of principal. The notes mature in 2030 and are subject to issuer/guarantor credit risk, market‑value risk before maturity, market disruption adjustments, roll‑yield effects from futures indexing, and uncertain U.S. federal tax treatment.

GS Finance Corp. priced $24,000,000 aggregate principal of Contingent Income Buffered Auto-Callable Securities linked to Eli Lilly & Co. (LLY) with a May 5, 2027 stated maturity and an initial share price of $851.21 set on April 29, 2026. The securities pay a contingent monthly coupon (scheduled from June 2026) only if the underlying closes at or above the buffer price of $680.968 (80.00% of the initial share price) on each coupon observation date and are automatically called if the underlying closes at or above the initial share price on any call observation date. At maturity, if not called, principal is preserved only when the final share price is at or above the buffer price; otherwise investors lose 1.25% of principal for every 1.00% decline beyond the buffer. The securities are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and involve issuer/guarantor credit risk.

GS Finance Corp. priced callable, cash-settled notes linked to the EURO STOXX 50® Index. Each $1,000 face amount participates at a 150% upside rate, is capped at $1,151 if automatically called, and bears no interest. The notes include an automatic call on the call observation date if the underlier is ≥ the initial level; the trigger buffer is 80% and the initial level is 5,881.51. Trade date is April 30, 2026, original issue date May 5, 2026, call observation date April 30, 2027, and stated maturity May 3, 2029. Investors are exposed to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., may lose their entire investment if the final underlier level is below the trigger buffer, and will receive cash settlement only.

GS Finance Corp. offers $3,050,000 aggregate face amount of indexed, non‑interest bearing notes guaranteed by The Goldman Sachs Group, Inc. Payment at maturity depends on the S&P 500 Index performance from the trade date (April 30, 2026) through the determination date (May 1, 2028) and is subject to adjustment.

Holders receive the face amount if the final index level is within a 20% buffer, upside participation of 125% (capped at a $1,243.50 cash payment per $1,000 face amount) for positive returns, and a leveraged downside loss of 1.25% of face for each 1% the index falls below the 80% buffer. Notes do not bear interest; market value and tax treatment carry specific risks described herein.

GS Finance Corp. is offering structured notes due June 4, 2027 linked to the common stock of Uber Technologies, Inc.. Each $1,000 note pays a contingent monthly coupon of $10 (1% monthly, up to 12.00% per annum) only if the underlier closes at or above the coupon trigger level (62% of the initial underlier level) on the applicable coupon observation date. The notes are subject to an automatic call on scheduled call observation dates if the underlier closes at or above the initial underlier level ($74.61). If not called, principal at maturity depends on the final underlier level: if the final underlier level is less than the trigger buffer level (62% of initial), the cash settlement equals $1,000 plus $1,000 × underlier return, which can result in a total loss of principal; if the final level is at or above the trigger buffer level, principal is preserved. The aggregate face amount initially sold is $2,462,000. The notes are senior unsecured obligations of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., and bear the credit risk of those entities.

GS Finance Corp. is offering structured, cash-settled notes linked to the S&P 500® Futures Excess Return Index. Each $1,000 face amount pays no interest and returns either (a) $1,000 plus 124% of the underlier gain if the final level is above the initial level, (b) $1,000 if the final level is between 80% and 100% of the initial level, or (c) a reduced cash amount if the final level is below 80%, with losses proportional to the underlier decline below the buffer. Trade date is April 30, 2026, original issue date May 5, 2026, determination date May 1, 2028, and stated maturity May 4, 2028. Aggregate face amount initially offered is $2,750,000. The notes are unsecured obligations of GS Finance Corp., unlisted, fully guaranteed by The Goldman Sachs Group, Inc., and expose holders to issuer/guarantor credit risk, negative roll-yield effects from futures linking, and potential substantial principal loss if the underlier falls below the buffer level.

GS Finance Corp. priced an offering of Market Linked Securities—Auto-Callable with Contingent Coupon and Contingent Downside Principal at Risk, issued under its Medium-Term Notes, Series F, with an original offering price of $1,000 per security and aggregate original offering of $4,631,000.

The securities pay a quarterly contingent coupon of $26.25 per $1,000 (equivalent to 10.50% per annum) only if the lowest performing of the S&P 500®, Russell 2000® and EURO STOXX 50® on each calculation day is at or above 75% of its starting level. They are auto-callable if the lowest performing underlier is at or above its starting level on any call date (first possible call October 2026) and mature on May 3, 2029. If not called, maturity payoff depends solely on the lowest performing underlier; a closing below 75% of its starting level at final calculation can produce losses exceeding 25%, up to total loss. The securities’ estimated value at pricing was approximately $974 per $1,000, reflecting fees, credit spreads and product structure.