GOLDMAN SACHS GROUP (GS) SEC Filings, May 28, 2026

GS Finance Corp. is offering callable buffered notes linked to the S&P 500® Futures Excess Return Index with a stated maturity of May 29, 2031. For each $1,000 face amount, holders at maturity receive a cash settlement tied to the index return measured from the trade date (May 26, 2026) to the determination date (May 21, 2031). The notes have an upside participation rate of 160%, an initial underlier level of 604.90, and a buffer level of 80% (buffer amount 20%). If the final underlier level is between 80% and 100% of the initial level, the payoff uses the absolute value of the index return; below 80% the payoff applies the underlier return plus the 20% buffer (which may produce a loss). The issuer may redeem the notes on specified call payment dates beginning June 1, 2027, with fixed call premium amounts listed in the supplement. The estimated value on the trade date was approximately $923 per $1,000 face amount, while original issue price was 100% and underwriting discount was 4.125%. The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer and guarantor credit risk.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering indexed, non‑interest bearing notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The notes mature on June 3, 2031 unless automatically called on specified call observation dates beginning in June 2027. If an automatic call occurs, each $1,000 face amount pays $1,000 plus a call premium specified for that call date; if not called, maturity payoff is linked to index performance with a maximum settlement of $2,200 per $1,000 and a 50% trigger buffer. The index applies leverage (up to 500%), a daily 6.0% decrement, and caps on daily leverage changes; these features can magnify losses and cause the notes to underperform the reference index. The estimated value at pricing was approximately $916 per $1,000 face amount; original issue price equals 100% of face with an underwriting discount of 4.5%.

GS Finance Corp. published the May 2026 Nasdaq-100 Technology Sector Index Supplement, dated May 26, 2026, describing the Nasdaq-100 Technology Sector Index (Bloomberg: NDXT) and its methodology. The supplement lists historical performance through May 1, 2026, including annualized returns and volatilities, and describes risk factors applicable to securities linked to the index.

The supplement clarifies the index is an equal weighted, price return measure of Nasdaq-100 issuers classified as Technology under the Industry Classification Benchmark and notes Nasdaq, Inc. as sponsor and calculation agent.

GS Finance Corp. published an index supplement dated May 26, 2026 describing the S&P 500® Daily Risk Control 5% USD Excess Return Index (Bloomberg: SPXT5UE). The supplement explains that the Excess Return index measures the Risk Control index net of borrowing costs (SOFR + 0.02963%) and that the Risk Control index targets a 5% volatility by dynamically adjusting exposure to the S&P 500® Total Return Index. The supplement discloses annualized returns and volatilities through May 1, 2026 and emphasizes risks including credit exposure to GS Finance Corp. and The Goldman Sachs Group, Inc., the impact of borrowing costs on returns, limited post-LIBOR historical data, and that the index may not achieve its volatility target.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured medium-term notes linked to the Goldman Sachs Momentum Builder® Focus ER Index. The offering totals $35,337,000 of face amount with an original issue price equal to 100% of face amount and an underwriting discount of 4.625%. Payments are cash-settled: on an annual automatic call the issuer will pay $1,000 plus a capped call premium if the index meets rising call levels; if not called, maturity payout depends on index performance with an upside participation rate of 100% but a principal floor of $1,000 per note if the index return is zero or negative. The index uses daily rebalancing, a 5% realized volatility control, and a momentum risk control, and is subject to a 0.65% per annum deduction (accruing daily) plus effects from allocations to hypothetical cash positions. The estimated value on the trade date was $897 per $1,000 face amount; GS&Co. computed a comparable yield of 5.0613% and a projected maturity payment of $1,425.72 for tax accrual purposes. Key dates include trade date May 26, 2026, original issue date May 29, 2026, determination date May 20, 2033, and stated maturity May 27, 2033.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured medium-term notes linked to the Nasdaq-100 and Russell 2000. The notes pay no interest, may be automatically called on annual observation dates and mature on June 5, 2029. If not called, maturity payment depends on the lesser performing underlier return, with a trigger buffer at 80% of initial levels and a capped maturity premium of 40.50%. The offering shows an underwriting discount of 3% and original issue price of 100% of face amount. Investors may lose their entire investment if the lesser performing underlier falls below its trigger buffer.

GS Finance Corp. priced leveraged, decrement-linked notes maturing June 3, 2031. The notes reference the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (initial level 527.96) and pay monthly coupons only if the index on an observation date is ≥ 60% of the initial level. Notes are automatically called if the index on any call observation date is ≥ 527.96. The index applies up to 500% leverage, a 100% cap on daily leverage change, and a 6.0% per annum daily decrement; these features can magnify losses and reduce returns. The estimated initial value was approximately $926 per $1,000 face amount; original issue price is 100% with an underwriting discount of 4.5%.

The offered notes are principal‑at‑risk, S&P 500® linked, buffered notes issued by GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc. Each $1,000 face amount pays no interest and returns either a capped cash amount of $1,092.50 if the final underlier level is at or above the buffer level (90% of the initial level), or a downside payoff that loses approximately 1.1111% of face amount for each 1% decline of the final underlier level below the buffer (buffer rate ≈ 111.11%). Trade date was May 26, 2026, original issue date May 29, 2026, determination date June 8, 2027, and stated maturity date June 11, 2027. The offering totals $23,072,000 aggregate face amount; original issue price is 100% of face amount with a 1% underwriting discount.

GS Finance Corp. is offering index-linked notes due June 15, 2028 (expected) that pay no interest and whose cash payment at maturity is tied to the lesser performing of the Russell 2000® and the S&P 500® measured from the trade date (expected June 11, 2026) to the determination date (expected June 12, 2028). For each $1,000 face amount, investors may receive up to a $1,205 maximum settlement or a minimum of $950, with upside participation of 100% and a cap level of 120.5% of the initial index levels. The estimated value at pricing is stated as between $925 and $965 per $1,000 face amount, which is below the original issue price. The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and are subject to the issuer and guarantor credit risk and various structural and market risks described in this pricing supplement.