GOLDMAN SACHS GROUP INC SEC Filings

GS Finance Corp. priced principal-protected-style notes guaranteed by The Goldman Sachs Group, Inc. The notes reference the S&P 500® Futures Excess Return Index (Bloomberg: SPXFP) with an upside participation rate of 120%, a buffer equal to 15% (buffer level 85% of initial) and no coupon. For each $1,000 face amount the cash settlement at maturity will be: $1,000 plus 1) upside participation × underlier return if the final level ≥ initial; 2) the absolute underlier return if decline ≤ 15%; or 3) a loss tied to the decline beyond the buffer if decline > 15%. Key dates: trade date 4/30/2026, original issue date 5/6/2026, determination date 10/30/2028, stated maturity 11/2/2028. Aggregate face amount initially offered: $1,121,000. The notes do not bear interest and the original issue price equals 100% of face with a 1% underwriting discount. The underlier tracks E-mini S&P 500 futures (not the S&P 500 index) and is subject to roll/contango effects, market disruption adjustments, and the credit risk of the issuer and guarantor.

GS Finance Corp. offers $823,000 aggregate face amount of index-linked notes due June 4, 2027, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and their cash payment at maturity depends on the lesser performing of the Russell 2000® and S&P 500® measured from the trade date of April 30, 2026 to the determination date of June 1, 2027. The notes apply a 90% buffer level and a 10% buffer amount: if the lesser performing underlier falls below 90% of its initial level, investors lose on a dollar-for-dollar basis for declines beyond the buffer. The initial underlier levels are Russell 2000: 2,799.905 and S&P 500: 7,209.01, the upside participation rate is 100%, and the estimated value at pricing was approximately $983 per $1,000 face amount. Original issue price was 100% of face amount with an underwriting concession of 0.8%. These notes carry issuer and guarantor credit risk and may have limited secondary liquidity.

The offered notes are cash-settled, index-linked senior notes issued by GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc. They pay no interest and mature on May 5, 2031. The cash settlement per $1,000 face depends on the EURO STOXX 50® final level versus the initial level, with a 160% upside participation if the index rises, a full repayment at maturity if the index is within the 25% buffer down to 75% of initial, and leveraged losses below the buffer. Aggregate face amount is $1,903,000. The original issue price is 100% of face with a 1.125% underwriting discount. Tax treatment is uncertain; tax opinion treats notes as pre-paid derivative contracts.

GS Finance Corp. offers auto-callable notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The notes mature expected June 3, 2031 (trade date expected May 26, 2026; original issue date expected May 29, 2026) and pay monthly coupons only if the index on an observation date is at or above 60% of the initial underlier level.

Payments at call or maturity depend on index performance, subject to a daily 6.0% per annum decrement, a volatility target of 40%, and maximum leverage of 500%. The estimated model value on the trade date is between $885 and $935 per $1,000 face amount.

GS Finance Corp. offers structured, medium-term notes guaranteed by The Goldman Sachs Group, Inc. The pricing supplement covers an aggregate face amount of $7,909,000 issued April 30, 2026 with a stated maturity of May 7, 2029. Coupons are contingent monthly payments of $8.042 per $1,000 (0.8042% monthly, potential ~9.65% annually) paid only if each underlier meets a 70% coupon trigger on observation dates. The notes include an automatic call if all three underliers close at or above their initial levels on any call observation date. At maturity (if not called), principal repayment depends on the performance of the lesser performing underlier (Nasdaq-100, Russell 2000, S&P 500); if that underlier finishes below 70% of its initial level, investors can suffer substantial principal loss, including loss of the entire investment.

GS Finance Corp. is offering principal-at-risk indexed notes due May 5, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent monthly coupon of $8.459 per $1,000 (0.8459% monthly; potential up to ~10.15% per annum) only when each underlier closes at or above its coupon trigger (65% of its initial level) on the related coupon observation date. The cash settlement at maturity (per $1,000) is based solely on the lesser performing underlier return versus its initial level: if every final underlier level is at or above its trigger buffer (55%), the holder receives $1,000; otherwise the holder receives $1,000 plus $1,000 times the lesser performing underlier return, which can result in a total loss of principal. The offering aggregates $8,215,000 face amount; trade date is April 30, 2026 and original issue date is May 5, 2026. The issuer may redeem the notes at its option on specified coupon payment dates commencing in November 2026. Payments are cash-settled and the notes are subject to issuer and guarantor credit risk, secondary-market illiquidity, and uncertain U.S. federal income tax treatment.

The issuer, GS Finance Corp., is offering capped, principal‑at‑risk notes linked to the S&P 500® Index. For each $1,000 face amount, investors receive either the face amount at maturity if the final index level is equal to or below the initial level, or $1,000 plus the underlier return subject to a maximum settlement amount of $1,445. The notes pay no interest, have an original issue price of 100% of face amount, and are fully guaranteed by The Goldman Sachs Group, Inc.. The trade date is April 30, 2026, original issue date is May 5, 2026, determination date is October 30, 2030 and stated maturity date is November 4, 2030. The issuer has disclosed that the estimated model value at trade date is lower than the issue price and that secondary market liquidity is not assured.

GS Finance Corp. priced a structured, callable medium-term note offering with an aggregate face amount of $100,000 (original issue date May 5, 2026, trade date April 30, 2026). The notes mature on May 5, 2033, are zero-coupon in cash flow (do not bear interest) and are linked to the Goldman Sachs Momentum Builder® Focus ER Index (Bloomberg: GSMBFC5 Index). Notes are automatically called if the index closing level on any semi-annual call observation date equals or exceeds 102% of the initial index level (initial index level: 112.73), producing prescribed call payments; if not called, maturity payment is capped (maximum settlement amount $1,927.50 per $1,000 face amount if final index level ≥ 102%) or otherwise returns principal only ($1,000). The index uses daily rebalancing, volatility and momentum controls, and a 0.65% per annum deduction; allocations may shift heavily to non‑interest bearing cash positions. The estimated model value at pricing was approximately $941 per $1,000 face amount. Payments remain subject to the credit risk of GS Finance Corp. and guarantor The Goldman Sachs Group, Inc..

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured medium-term notes linked to the S&P 500 and EURO STOXX 50. The notes have an aggregate face amount of $1,587,000, pay no interest, and include quarterly automatic-call dates beginning April 30, 2027.

If not called, principal at maturity (stated maturity May 5, 2031) depends on the lesser performing underlier: investors receive full face amount if each final underlier level is at or above its initial level, receive $1,000 if all final underlier levels are at or above 70% of initial levels but at least one is below initial, or suffer a loss equal to the lesser performing underlier return multiplied by $1,000 (possible total loss).