GOLDMAN SACHS GROUP INC SEC Filings

GS Finance Corp. is offering structured medium-term notes linked to the S&P 500® Index and the EURO STOXX 50® Index. The notes carry a contingent quarterly coupon and an automatic call feature; final cash settlement at maturity is based on the lesser performing underlier. The aggregate face amount is $13,386,000, the original issue price is 100% of face amount, underwriting discount is 2%, and stated maturity is May 3, 2029. Investors are exposed to credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., potential loss of principal if the lesser performing underlier falls below the 80% trigger buffer level, and limited upside at maturity (cash settlement capped at principal).

GS Finance Corp. is offering leveraged, S&P 500® index-linked notes guaranteed by The Goldman Sachs Group, Inc. The notes feature a 300% upside participation rate with a maximum settlement amount expected between $1,148.80 and $1,174.90 per $1,000 face amount. If the final underlier level exceeds the initial level, payment equals $1,000 plus the upside participation rate times the underlier return, capped at the maximum settlement amount. If the final underlier level is equal to or below the initial level, the payment equals $1,000 plus the underlier return, exposing holders to full principal loss if the underlier falls substantially. The notes pay no interest, are short-dated (determination date expected 14–16 months after trade date), and are subject to the issuer's and guarantor's credit risk and limited secondary-market liquidity.

GS Finance Corp. is offering indexed, principal‑at‑risk notes linked to the S&P 500® Index with an aggregate face amount of $3,814,000. Each $1,000 note pays no interest and matures on May 4, 2028 with payoff determined by the index performance from the trade date to the determination date.

If the final index level is above the initial level, holders receive the face amount plus 200% upside participation in the index return, capped at a $1,232.50 maximum settlement per $1,000. If the final level is between the initial level and 90% of the initial level, holders receive the face amount. If the final level is below 90% of the initial level, principal is reduced proportionally and losses can be substantial. The notes are senior 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. priced a $2,879,000 offering of Market Linked Securities (original offering price $1,000 per security) guaranteed by The Goldman Sachs Group, Inc. These are auto-callable, equity-linked medium-term notes due May 3, 2029 linked to the lowest performing of Eli Lilly (starting price $934.60) and Visa Class A (starting price $329.84). The securities pay a $28.00 contingent quarterly coupon per $1,000 (an 11.20% annualized rate) only if the lowest performing underlying stock on each calculation day is at or above 60% of its starting price; unpaid coupons may be paid later if a subsequent calculation day meets the threshold.

The notes are subject to automatic call if the lowest performing underlying stock on a call date is at or above its starting price; if not called, principal at maturity depends solely on the lowest performing underlying stock and can result in the loss of more than 40% or the entire principal. The estimated model value at pricing was $964 per $1,000 face amount; underwriting discount per security was $23.25, with proceeds to issuer of $976.75 per security.

GS Finance Corp. is offering Absolute Return Trigger S&P 500® Index-Linked Notes due May 4, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity depends on the S&P 500 closing level on the determination date (May 1, 2028) relative to the initial level of 7,209.01. If the final level breaches an upper (120%) or lower (80%) barrier, holders receive a contingent cash payment of $1,060 per $1,000 face amount (6%). If no barrier event occurs, holders receive $1,000 plus $1,000 times the absolute index return, capped at $1,200 per $1,000 face amount (maximum 20%). The original issue price is 100% with underwriting discount 0.5% and estimated model value on the trade date of approximately $987 per $1,000. The notes are unsecured obligations subject to issuer and guarantor credit risk and complex U.S. tax treatment as contingent payment debt instruments.

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.