Goldman Sachs Group Inc SEC Filings

GS Finance Corp. is offering non‑interest, principal‑protected‑style notes linked to an equally weighted basket of Amazon, Broadcom, Microsoft, NVIDIA, and Oracle. The notes have an expected stated maturity of April 3, 2031 and an automatic call feature beginning on March 29, 2027. The notes carry an upside participation rate of 150% and a trigger buffer level of 60% (i.e., a -40% break‑point). Estimated value on the trade date is expected to be between $885 and $935 per $1,000 face amount. Payments are subject to issuer and guarantor credit risk and to the calculation agent’s determinations.

GS Finance Corp. files a pricing supplement offering $1,175,000 of Buffered Digital S&P 500® Index-Linked Notes due March 23, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and reference the S&P 500 closing level from an initial index level 6,506.48 (trade date March 20, 2026) to the determination date March 20, 2028. For each $1,000 face amount the threshold settlement amount is $1,137.50; positive returns are capped by this threshold and upside participation is limited. A 25% buffer applies (buffer level = 75% of the initial level; buffer rate ≈ 133.33%); if the final index level is below the buffer level, losses can be substantial and you could lose your entire investment. The estimated value on the trade date is approximately $986 per $1,000 face amount; original issue price is 100% with an underwriting discount of 1.1% and net proceeds to the issuer of 98.9%. Payments are subject to the issuer’s and guarantor’s credit risk and to tax uncertainty.

GS Finance Corp. is offering $2,020,000 aggregate face amount of medium-term, cash-settled notes linked to the S&P 500® Index with a stated maturity of March 25, 2031. For each $1,000 face amount, the cash payment at maturity equals either: (1) $1,000 plus $1,000× the 107% upside participation × the underlier return if the final level is above the initial level; (2) $1,000 if the final level is between 60% and 100% of the initial level; or (3) $1,000 plus $1,000×(final−initial)/initial if the final level is below 60% (i.e., losses pro rata, potentially eliminating principal). The notes pay no interest and are fully guaranteed by The Goldman Sachs Group, Inc. Investors remain exposed to issuer/guarantor credit risk, market/volatility effects on the S&P 500, and uncertain U.S. federal tax treatment.

GS Finance Corp. is offering Market Linked Securities—leveraged, buffered, equity‑index linked notes linked to the S&P 500® Index with a stated maturity date of March 23, 2028. Each security has a $1,000 face amount, an original offering price of $1,000 and an estimated value at pricing of approximately $969 per $1,000 face amount. At maturity holders receive: (1) if the ending level > starting level, the face amount plus 150% of the percentage increase subject to a maximum return of 20.25% (maximum payment $1,202.50); (2) if the ending level falls up to 10% (the buffer) you receive the face amount; (3) if the ending level falls by more than 10% you suffer 1‑for‑1 losses on the excess (you may lose up to 90% of face). Payments are unsecured and subject to issuer and guarantor credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.. Pricing date: March 20, 2026; Calculation Day: March 20, 2028. The securities pay no interest or dividends and are designed to be held to maturity.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering structured, cash-settled notes linked to the S&P 500® Futures Excess Return Index with an aggregate face amount of $1,302,000. The notes pay no interest and mature on March 25, 2031. Investors receive for each $1,000 face amount either: (1) $1,000 plus 187.5% of the underlier return if the final level is at or above the initial level; (2) $1,000 plus the absolute underlier return if the final level declines but stays at or above 85% of the initial level (a 15% buffer); or (3) a reduced amount tied to the buffer rate if the final level is below the buffer level, exposing investors to substantial principal loss. The underlier tracks E-mini S&P 500 futures (Bloomberg: SPXFP Index); price examples and tax, market‑liquidity and credit risks are disclosed in the supplement.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering $30,997,000 of S&P 500®-linked buffered notes. The notes pay no interest and mature on April 7, 2027 with a determination date of April 2, 2027. For each $1,000 face amount, holders receive a capped payment of up to $1,085 if the final underlier level is greater than or equal to the buffer level (85% of the initial level). If the final underlier level is below the buffer level, losses are magnified by a buffer rate of approximately 117.65%, causing investors to lose about 1.1765% of face amount for every 1% decline below the buffer; investors could lose their entire principal. Trade date: March 20, 2026; original issue date: March 25, 2026. Underlier: S&P 500® Index. Original issue price: 100% of face amount; underwriting discount: 1%; net proceeds: 99% of face amount.

GS Finance Corp. priced a $12,000,000 offering of Contingent Income Buffered Auto-Callable Securities linked to the common stock of Freeport-McMoRan Inc.

The securities, unsecured notes guaranteed by The Goldman Sachs Group, Inc., mature on March 25, 2027 and pay a contingent monthly coupon only when the underlying stock closes at or above a buffer price equal to 70.00% of the initial share price. The initial share price is stated as $53.62 (closing price on March 19, 2026), and the contingent coupon calculation uses a stated multiplier of $18.309 per $1,000 principal across coupon observation dates.

If the securities are automatically called on any call observation date when the underlying closes at or above the initial share price, holders receive the $1,000 principal per $1,000 plus the contingent coupon then due. If not called, a final payment at maturity pays $1,000 if the final share price is at or above the buffer price; if below the buffer price, holders suffer downside exposure equal to approximately 1.4286% of principal for every 1.00% decline beyond the buffer (the disclosed downside factor).

GS Finance Corp. is offering $228,000 face amount of notes linked to the S&P 500® Index. The notes trade on March 20, 2026, have an original issue date of March 25, 2026, a determination date of March 20, 2028 and a stated maturity date of March 23, 2028.

For each $1,000 face amount, the cash settlement will be: (1) $1,000 plus the underlier return if the final level is >= the initial level, capped at a maximum upside settlement amount of $1,295; (2) $1,000 plus the absolute underlier return if the final level declines ≤ the buffer of 10% (buffer level = 90%); or (3) an amount that produces a loss if the final level is below the buffer, where losses can be a substantial portion of principal. The notes pay no interest and are fully guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering equity‑linked notes tied to GOOGL, NVDA and MSFT with an aggregate face amount of $375,000 on the original issue date. The notes have a stated maturity of March 23, 2029 and an automatic call feature on the call observation date, March 22, 2027, if each index stock closes at or above its initial price. If automatically called, each $1,000 face amount pays $1,620 on the call payment date. If not called, the cash settlement at maturity is determined solely by the lesser performing index stock: positive linkage with a 300% upside participation rate when all final prices exceed initial prices; an absolute positive payoff when all final prices are ≥60% of initial prices; and downside exposure to the full negative return of the lesser performing stock if any final price is below 60% of its initial price.