Goldman Sachs Group Inc SEC Filings

GS Finance Corp. is offering Autocallable S&P 500® Futures Excess Return Index‑Linked Notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, may be automatically called for $1,270 per $1,000 on the call payment date if the underlier closes at or above its initial level on the call observation date, and otherwise provide cash settlement at maturity that depends on the final underlier level. Key terms set on the trade date include a 200% upside participation rate, an 80% buffer level (buffer rate = 125%), a trade date of April 23, 2026, original issue date of April 28, 2026, and a stated maturity of April 28, 2031. The underlier is the S&P 500® Futures Excess Return Index (E‑mini S&P 500 futures performance), which may diverge from the S&P 500® Index due to futures financing costs and roll yields; investors could lose their entire investment.

GS Finance Corp. is offering autocallable contingent coupon equity-linked notes due June 4, 2027, guaranteed by The Goldman Sachs Group, Inc.. The notes reference the common stock of Uber Technologies, Inc. and pay a contingent monthly coupon of $10 per $1,000 (1% monthly) only if the underlier meets a coupon trigger of 62% of the initial level on each coupon observation date. The notes are automatically called if the underlier is at or above the initial level on any call observation date. At maturity, if not called, the cash settlement equals $1,000 if the final underlier level is at or above the trigger buffer (62%); if below, the payment equals $1,000 plus $1,000 times the underlier return, meaning investors can lose up to their entire investment. Trade date is April 30, 2026 and original issue date is May 5, 2026.

GS Finance Corp. offers structured monthly‑coupon notes guaranteed by The Goldman Sachs Group, Inc., linked to the S&P 500®, Russell 2000® and the State Street® Utilities Select Sector SPDR® ETF (XLU). The notes mature April 27, 2029 (trade date expected April 24, 2026) and may be redeemed at issuer option on monthly coupon payment dates from June 2026 through March 2029. Monthly coupons of $9.584 per $1,000 (0.9584% monthly, ~11.5% annualized) are payable only if each underlier’s closing level on the monthly observation date is >= 75% of its initial level. At maturity, if the lesser performing underlier is >=75% of its initial level, holders receive $1,000 plus any final coupon; if below 75%, the cash settlement applies a ~133.33% buffer rate to the lesser performing underlier return, which can result in losses (examples show potential to lose most of principal). The estimated value at pricing is $925–$955 per $1,000 face amount.

GS Finance Corp. is offering Autocallable ETF‑Linked Notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes reference the iShares MSCI Emerging Markets ETF (EEM) and iShares MSCI EAFE ETF (EFA). The terms include a 150% upside participation rate, a trigger buffer at 70%, an automatic-call structure that would pay $1,158.50 per $1,000 on the call payment date if each underlier closes at or above its initial level on the call observation date, and maturity payoffs tied to the lesser performing underlier (you could lose your entire investment). Trade date is April 30, 2026 and original issue date is May 5, 2026.

GS Finance Corp. offers principal-protected-conditional structured notes linked to the Class A common stock of Meta Platforms, Inc., the common stock of Amazon.com, Inc. and the common stock of Tesla, Inc. The notes have a $1,000 face amount per note, aggregate initial face amount $1,000,000, trade date April 15, 2026, original issue date April 20, 2026 and stated maturity April 23, 2029. Coupons are monthly in formulaic amounts (product of $11.667 per observation and prior payments), but a coupon is paid on a payment date only if each index stock’s closing price on the related coupon observation date is at least 50% of its initial price. The notes are automatically called if, on any quarterly call observation date, each index stock closes at or above its initial price (META $671.58, AMZN $248.50, TSLA $391.95), in which case holders receive face amount plus the coupon then due. If not called, maturity payoff depends on whether a trigger event occurs (all final prices below initial prices). If a trigger event occurs, the cash settlement equals $1,000 plus the lesser performing index stock return times $1,000 and could be materially below principal. The estimated value when terms were set was approximately $980 per $1,000 face amount. Payment obligations are subject to the credit risk of GS Finance Corp. and guarantor The Goldman Sachs Group, Inc.

The Goldman Sachs Group, Inc. is offering callable fixed rate notes due 2051 with a stated interest rate of 6.00% per annum. The notes are expected to have an original issue date of April 28, 2026, a stated maturity of April 28, 2051, and annual interest payment dates expected each April 28 beginning April 28, 2027. The issuer may redeem the notes in whole, not in part, on expected quarterly redemption dates on or after April 28, 2028, upon at least five business days’ prior notice, at a redemption price equal to 100% of principal plus accrued interest.

GS Finance Corp. offers Buffer Autocallable GEARS linked to the S&P 500® Index, guaranteed by The Goldman Sachs Group, Inc. The notes have an expected trade date of April 28, 2026, original issue date of April 30, 2026, a call observation date of May 4, 2027, and a determination date of April 27, 2029 with a stated maturity of May 1, 2029. Key economics set on the trade date include 10.00% buffer, a downside threshold of 90.00% of the initial index level, an expected upside gearing between 1.23 and 1.43, and a call return of 9.00%. The estimated value at term-setting is between $9.40 and $9.70 per $10 face amount; the original issue price is 100.00% of face. These are unsecured notes; any payment is subject to issuer and guarantor credit risk.

GS Finance Corp. offers $5,690,500 aggregate face amount of Buffer Autocallable Securities linked to the S&P 500® Index, due 2031, guaranteed by The Goldman Sachs Group, Inc. The securities have an automatic call feature on the call observation date and a 25.00% buffer (downside threshold 75.00% of the initial index level). If not called, repayment at maturity depends on the final index level: full face amount if the index is at or above the initial level (or above the downside threshold), participation in positive index returns above the initial level, and pro rata losses beyond the buffer if the index closes below the downside threshold. Key economics: initial index level 7,022.95, call return 8.65%, trade date April 15, 2026, original issue date April 20, 2026, call observation date April 22, 2027, determination date April 15, 2031. The issuer may sell additional aggregate face amount at its sole option.

GS Finance Corp. is offering index-linked notes due April 19, 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and their cash payment at maturity for each $1,000 face amount depends on the lesser performing of the Russell 2000® and S&P 500® from April 15, 2026 to the determination date. The notes feature an upside participation rate of 111.25%, an 18% downside buffer (82% buffer level) and complex payoff rules that can produce positive, zero or significantly negative returns (including large principal losses). The estimated value on the trade date is approximately $983 per $1,000 face amount; original issue price is 100% with an underwriting discount of 1.2%.