GOLDMAN SACHS GROUP (GS) SEC Filings, May 27, 2026

GS Finance Corp. is offering callable index-linked notes due May 28, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return either $1,000 at maturity or, if both underliers finish above their initial levels on the determination date, $1,000 plus the lesser performing index return applied at a 100% upside participation rate. The notes reference the Nasdaq-100 Index® and the S&P 500® Index, use an initial underlier level of 29,481.64 (Nasdaq-100) and 7,473.47 (S&P 500), and have a trade date of May 22, 2026. The issuer may redeem the notes on specified monthly call payment dates beginning June 3, 2027, with call premiums shown in the supplement. The estimated value on the trade date was approximately $980 per $1,000 face amount; original issue price is 100% and underwriting discount is 0.75%.

The Autocallable Contingent Coupon Barrier Notes linked to NVIDIA common stock are being issued by GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc. in an initial offering of 735,400 units at $10.00 per unit. The notes pay a quarterly Contingent Coupon Payment of $0.49375 (a 19.75% per annum contingent rate) if the Observation Value on each quarterly Coupon Observation Date is at or above the Coupon Barrier of $161.50 (75% of the Starting Value). The notes are automatically callable if the Observation Value on any Call Observation Date is at or above the Call Value of $215.33 (the Starting Value). If not called, maturity is May 30, 2029, and principal is at risk 1-to-1 if the Ending Value is below the Threshold Value of $161.50. The public offering price is $10.00 per unit, the estimated value at pricing was approximately $9.62 per $10 principal amount, and the minimum initial purchase is $100,000. Payments are subject to issuer and guarantor credit risk and the notes have limited secondary market liquidity.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured notes linked to four stocks with a stated maturity of May 29, 2029. Coupons are monthly and paid only when every index stock meets a 50% trigger on observation dates. Notes are automatically called if every index stock is at or above its initial price on a call observation date (first potential calls begin May 2027). At maturity, if a trigger event (each final price below its initial price) occurs, repayment is tied to the worst‑performing stock and could be significantly less than principal; otherwise principal is returned and a final coupon may be payable. The estimated value at pricing was approximately $935 per $1,000 face amount; original issue price is 100%. The aggregate original face amount was $2,378,000. This offering is subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. offers principal‑protected‑style callable notes linked to the common stock of Qualcomm Inc., Marvell Technology, and Moderna, maturing May 30, 2029. The notes pay monthly coupons only if each index stock meets a 50% trigger level on monthly observation dates, are subject to automatic call beginning May 2027, and may pay less than the face amount at maturity if a trigger event occurs. The trade date was May 22, 2026, original issue date June 1, 2026, and the estimated value on the trade date was approximately $938 per $1,000 face amount.

GS Finance Corp. is offering contingent monthly coupon notes (aggregate face amount $5,513,000) linked to three underliers: the Nasdaq-100 Technology Sector Index, the Russell 2000® Index and the S&P 500® Index. Coupons equal $10 per $1,000 (1% monthly) only if each underlier meets its 70% coupon trigger on observation dates. The notes mature on April 26, 2028 (determination date April 21, 2028) and may be redeemed at the issuer’s option on coupon payment dates beginning in August 2026. Cash at maturity (per $1,000) pays $1,000 if every final underlier level is at or above its 60% trigger buffer; otherwise the payment equals $1,000 plus the lesser performing underlier return times $1,000. The pricing supplement warns investors they could lose their entire investment and that the original issue price exceeds the notes’ estimated value.

The Goldman Sachs Group, Inc. is offering callable fixed-rate medium-term notes that pay interest at 4.75% per annum from and including the original issue date (expected June 15, 2026) to but excluding the stated maturity date (expected June 15, 2029). Interest is payable each June 15 and December 15, with the first payment expected on December 15, 2026.

The notes are callable in whole, not in part, on each quarterly redemption date on or after June 15, 2027, at 100% of principal plus accrued interest with at least five business days’ notice. The offering will settle through DTC and be delivered against payment expected on June 15, 2026. Pricing, underwriting discounts, and certain investor pricing exceptions are disclosed in the pricing supplement and supplemental plan of distribution.

The issuer GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering principal-protected structured notes linked to three stocks: Amphenol (initial price $132.06), Coherent ($377.57) and Howmet ($256.55). The notes do not bear interest, have an original issue date of May 28, 2026, and a stated maturity of May 28, 2031. They include an automatic call feature on the call observation date (August 24, 2026) if each index stock closes at or above 70% of its initial price, producing a call payment of $1,220.002 per $1,000 face amount. At maturity the payoff depends on the lesser performing stock with a 200% upside participation rate, a 60% buffer threshold and a buffer rate of approximately 166.67%, and investors may lose up to their full investment. The estimated model value at pricing was approximately $983 per $1,000 face amount.

GS Finance Corp. is offering leveraged buffered S&P 500® Futures Excess Return Index‑linked notes due 2028, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and returns at maturity depend on the S&P 500 Futures Excess Return Index performance from the trade date to the determination date. The notes carry an upside participation rate of 113%, a buffer level of 85% (15% buffer amount) and a buffer rate of 100%. If the final underlier level is below the buffer level, investors can lose a substantial portion of principal; if the final underlier level is within the buffer, the absolute underlier loss is paid as a positive return. Trade date is May 29, 2026, original issue date June 3, 2026, determination date November 29, 2028 and stated maturity December 4, 2028.

GS Finance Corp. is offering structured, cash-settled notes with an aggregate face amount of $6,887,000. Each note has a $1,000 face amount, no periodic interest, a trade date of May 22, 2026, and a stated maturity of May 25, 2029 (determination date May 22, 2029), subject to adjustment.

Payments at maturity depend solely on the lesser performing underlier — the Nasdaq-100 Index and the S&P 500 Index. If both final levels exceed their initial levels, the cash payment equals the face amount plus the face amount times the 109.25% upside participation rate times the lesser performing underlier return. If the lesser performing underlier falls below its buffer level of 85%, the payoff declines 1% of face amount for each 1% below the buffer; if the lesser performing underlier finishes between the buffer and initial level, you receive the face amount. The notes are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. and carry an underwriting discount of 1% (net proceeds to issuer 99% of face amount).