GOLDMAN SACHS GROUP INC SEC Filings

GS Finance Corp. offers structured notes maturing in 2029 linked to the Class A common stock of Meta Platforms, the common stock of Advanced Micro Devices and Netflix, and the Class A common stock of Palantir. The notes pay conditional monthly coupons only if each index stock closes at or above 70% of its initial price on an observation date; a final cash payment depends on the lesser performing index stock with a 60% trigger buffer (below which principal is at risk). The notes are unsecured obligations guaranteed by The Goldman Sachs Group, Inc.; investors are exposed to issuer and guarantor credit risk. The estimated value at pricing is expected between $925 and $965 per $1,000 face amount. Terms, observation dates and initial index prices will be set on the trade date.

GS Finance Corp. offers principal-at-risk notes linked to the EURO STOXX 50® Index. For each $1,000 face amount, investors receive $1,103.90 at maturity if the final index level is at or above a 90% buffer level; below that threshold returns decline ~1.1111% of face for each 1% drop below the buffer, and investors could lose their entire investment. The notes pay no interest and are guaranteed by The Goldman Sachs Group, Inc.; original issue price is 100% of face and aggregate face amount is $1,250,000. Terms reference a trade date April 30, 2026, original issue date May 5, 2026, determination date May 13, 2027 and stated maturity May 18, 2027.

GS Finance Corp. offers $250,000 aggregate face amount of callable, equity‑linked medium‑term notes tied to the common stock of EPAM Systems, Inc. (initial index stock price $113.78 on April 30, 2026). The notes pay a quarterly coupon of $50.5 per $1,000 face amount when the index stock closing price on a coupon observation date is ≥60% of the initial index stock price (5.05% quarterly; up to 20.2% per annum). The notes mature on May 3, 2029 unless automatically called on specified observation dates; automatic call occurs if the index stock closing price on a call observation date is ≥ the initial index stock price. At maturity, if the final index stock price is ≥60% of the initial price, holders receive $1,000 plus any final coupon; if the final index stock price is <60% of the initial price, the cash settlement equals $1,000 plus (index stock return × $1,000), which can result in a loss of principal. The estimated value on the trade date was approximately $968 per $1,000 face amount.

GS Finance Corp. is offering structured, non‑interest bearing notes due May 5, 2031 that pay at maturity based on the performance of the lesser performing ETF of Invesco QQQ, Series 1 (QQQ) and the VanEck Semiconductor ETF (SMH). The notes feature a 200% upside participation if the lesser performing ETF finishes above its initial level, a 75% buffer level that preserves principal only if the lesser performing ETF finishes at or above 75% of its initial level, and a downside that reduces principal if that ETF finishes below 75% of its initial level.

The issuer may redeem the notes on scheduled monthly call payment dates beginning in May 2027 through May 2028 at fixed call premium amounts listed in the supplement. The trade date is April 30, 2026, original issue date May 5, 2026, and aggregate original face amount was $7,447,000. The estimated value at pricing was approximately $975 per $1,000 face amount, with an underwriting discount of 1%.

The pricing supplement for an Auto-Callable Trigger PLUS issued by GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc. offers $7,573,000 aggregate principal (original issue) of unsecured, principal-at-risk notes linked to the S&P 500® Index. Investors may receive a fixed $1,090 call payment if the index is at or above the initial index value on the call observation date; otherwise maturity payments depend on the final index value, with a 125.00% leverage on positive index returns, an initial index value of 7,209.01, and a downside threshold of 80.00% (5,767.208). Estimated value was approximately $955 per $1,000; original issue price was $1,000. The securities expose holders to full issuer and guarantor credit risk and possible loss of principal at maturity.

GS Finance Corp. offers structured, cash-settled notes guaranteed by The Goldman Sachs Group, Inc. The offering totals $2,379,000 aggregate face amount and pays no periodic interest; maturity cash is tied to the performance of the S&P 500® Futures Excess Return Index from April 30, 2026 to the determination date. If the final underlier level exceeds the initial level, holders receive the face amount plus $1,000 × the 131% upside participation rate × the underlier return; if the final level is equal to or below the initial level, holders receive the face amount. The notes were issued at 100% of face with a 1.125% underwriting discount and a net proceeds figure of 98.875% of face. Terms include market disruption provisions, tax treatment as contingent payment debt instruments (comparable yield 4.79% per annum), and risks from roll yields and futures-financing effects on the underlier.

GS Finance Corp. filed Underlier Supplement (ETFs) No. 3 to Registration Statement No. 333-284538, dated May 4, 2026, describing risks and characteristics of notes or warrants the issuer may offer whose payments are linked to specified exchange-traded funds (underliers). The supplement lists 30+ ETFs (including Invesco QQQ (QQQ), Invesco QQQM, iShares EEM, VanEck Gold Miners) and explains that returns are linked to ETF performance, not to ownership of ETF shares, and are subject to issuer and guarantor credit risk and many market, currency, concentration, tracking, liquidity and index‑methodology risks. The supplement explains pricing-model estimated values, potential dealer spreads and limited anti-dilution protections, and notes a recent index change for the VanEck Gold Miners ETF effective September 19, 2025.

GS Finance Corp. offers $4,821,000 of Buffered PLUS notes guaranteed by The Goldman Sachs Group, Inc. The non‑interest bearing notes pay at maturity based on the performance of an equally weighted 10‑stock basket measured from the April 30, 2026 pricing date to the October 29, 2027 valuation date. Investors receive 150% of any positive basket return up to a $1,345 maximum payment per $1,000 note, a 10.00% buffer against losses, and face downside exposure beyond the buffer (down to a $100 minimum per $1,000). The notes are unsecured obligations of GS Finance Corp., subject to issuer and guarantor credit risk, not listed, and carry an estimated value of approximately $934 per $1,000 at pricing.

GS Finance Corp. is offering Market Linked Securities—auto-callable, contingent coupon notes (face amount $1,000 each) linked to the common stock of Super Micro Computer, Inc.. The notes pay a contingent quarterly coupon of $66.125 per $1,000 (26.45% pa) only if the stock meets the coupon threshold (50% of the starting price), are auto-callable if the stock closes at or above the starting price on specified quarterly calculation days, and expose holders to full downside risk if the final stock closing price is below the downside threshold (50% of the starting price). The estimated value at pricing was approximately $953 per $1,000 face amount and the offering shows total face amount of $2,423,000. All payments are subject to issuer and guarantor credit risk; these securities are unsecured, not bank deposits, and not FDIC insured.