Goldman Sachs Group Inc SEC Filings

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering medium‑term structured notes linked to NVIDIA Corporation ("NVDA"). Each $1,000 face amount participates at 150% upside if the final underlier level exceeds the initial level, is subject to a 60% trigger buffer, and is automatically called on the call observation date if the underlier is greater than or equal to the initial level, in which case holders receive $1,251 per $1,000 on the call payment date. The notes pay no interest, are cash‑settled, and may result in a total loss of principal if the final underlier level is below the trigger buffer. Key dates include trade date April 2, 2026, original issue date April 8, 2026, call observation date April 2, 2027, call payment date April 7, 2027, determination date April 2, 2029, and stated maturity April 5, 2029.

GS Finance Corp. offers principal‑protected‑if‑limited structured notes tied to the EURO STOXX 50® Index, with The Goldman Sachs Group, Inc. as guarantor. The notes pay no interest, were issued at 100% of face, and mature on October 7, 2027. For each $1,000 face amount the maturity payment is: $1,000 if the final index level is ≥85% of the initial level; $1,000 + $1,000×125%×underlier return if the final level is above the initial level; or, if final level is below 85%, a declining cash payment calculated using a 117.65% buffer rate, potentially resulting in a total loss of principal. The trade date was April 2, 2026 and the aggregate face amount shown is $320,000.

GS Finance Corp. is offering non-interest bearing, principal-at-risk notes linked to an unequally weighted basket of 10 financial stocks. The notes use an initial basket level of 100, an automatic call feature if the basket closing level on a call observation date is ≥ 88% of the initial level, and a maturity payout that is capped if the final basket level is ≥ 88% or reduced with a buffer calculation if below 88%. Estimated note value on the trade date is $925–$955 per $1,000 face amount; final pricing terms (initial basket stock prices, call premiums and maturity premium) will be set on the trade date.

GS Finance Corp. is offering callable, non‑interest bearing structured notes linked to an equally weighted basket of nine common stocks, with a stated maturity of April 6, 2028 and an automatic call observation on April 15, 2027. Each $1,000 face amount pays $1,220 if the basket closing level on the call observation date is at or above the initial level of 100; otherwise maturity payment depends on the basket return with an upside participation rate of 125% and a 15% buffer (buffer level 85%). The aggregate original face amount on issue is $5,991,000. The estimated value on the trade date was approximately $953 per $1,000 face amount. Payments are subject to the credit risk of GS Finance Corp. and guarantor The Goldman Sachs Group, Inc., and the calculation agent (Goldman Sachs & Co. LLC) has discretion over key determinations.

GS Finance Corp. is offering autocallable index-linked notes due April 29, 2033, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Goldman Sachs Momentum Builder® Focus ER Index (GSMBFC5 Index) with a 100% upside participation rate and annual automatic-call opportunities beginning April 27, 2027. Payments are cash-settled: if called, each $1,000 face amount pays $1,000 plus a call premium; at maturity the cash settlement equals $1,000 plus upside participation on positive index returns, and otherwise returns the $1,000 face amount. The index applies a 5% realized volatility control and a 0.65% per annum deduction (accruing daily); GS&Co. estimates the notes' value on the trade date at $850 to $880 per $1,000. The notes do not pay interest and are subject to issuer/guarantor credit risk, limited secondary-market liquidity, and complex index allocation and rebalancing risks.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering indexed, non‑interest bearing notes with an aggregate face amount of $11,218,000. The cash settlement at maturity is determined by the lesser performing underlier of the Dow Jones Industrial Average and the S&P 500, measured from the trade date (April 2, 2026) to the determination date (October 4, 2027) with a stated maturity on October 7, 2027. For each $1,000 face amount, holders receive either $1,000 (if any underlier return is zero or negative) or $1,000 plus the lesser performing underlier return, capped at a maximum settlement amount of $1,122.50 per $1,000. The notes pay no periodic interest, were priced at 100% of face amount with a 0.15% underwriting discount, and are treated as contingent payment debt instruments for U.S. federal income tax purposes (the issuer has determined a comparable yield of 4.38% and a projected payment of $1,068.17 per $1,000 for tax accruals).

GS Finance Corp. offers autocallable equity-linked notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The cash payoffs depend on the performance of NVIDIA Corporation stock, include a 125% upside participation, an 80% buffer level, and a capped automatic-call payoff of $1,209 per $1,000 if the call condition is met.

The notes do not pay interest, expose holders to issuer and guarantor credit risk, carry a 1.75% underwriting discount on issuance, and may result in substantial principal loss if the final underlier level falls below the buffer level.

The prospectus supplement describes medium-term notes issued by GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., linked to the Class A common stock of Ares Management Corporation, Inc.. The notes have a $1,000 face amount per note and aggregate initial face amount of $500,000, a trade date of April 2, 2026, an original issue date of April 7, 2026, and a stated maturity date of April 6, 2027.

Key economics: a quarterly coupon of $71.5 per $1,000 (7.15% quarterly) is paid only if the index stocks closing price on a coupon observation date is at least 65% of the initial index stock price ($105.80 set on April 1, 2026). The notes are automatically called if on any call observation date the index stocks closing price is at least the initial index stock price. At maturity, if the final index stock price is below 65% of the initial price, holders receive an equity-linked cash settlement that can result in a loss of principal tied to the index stock return. The estimated value at pricing was approximately $970 per $1,000 face amount.

GS Finance Corp. offers $1,631,000 aggregate face amount of market-linked notes guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return a cash payment at maturity tied to the S&P 500® Index performance measured from April 2, 2026 to the determination date. For each $1,000 face amount, investors receive either $1,000 (if the final level is at or above the 90% buffer level), a capped upside of up to $1,160 (110% participation up to the cap) if the index rises, or a loss proportional to the index decline beyond the 10% buffer (1% loss of face per 1% decline below the buffer). The notes mature on May 6, 2027 (determination date May 3, 2027), are subject to issuer and guarantor credit risk, and were issued at 100% of face with an underwriting discount of 0.4333%.