Goldman Sachs Group Inc SEC Filings

The Goldman Sachs Group, Inc. is offering fixed-rate senior notes maturing in 2033 under its Medium-Term Notes, Series N program. The notes carry a stated interest rate of 5.00% per annum, pay interest semiannually on April 2 and October 2 (with maturity-date payment on April 4, 2033), and will be issued in book-entry form through DTC.

Key commercial details (principal amount and original issue price) will be set on the trade date; the pricing supplement notes the original issue price may vary for certain fee-based advisory accounts. The notes will not be listed on an exchange, use a 30/360 (ISDA) day‑count convention for interest, are subject to FATCA withholding, and the underwriting is led by Goldman Sachs & Co. LLC, an affiliate with a disclosed conflict of interest.

GS Finance Corp. offers structured notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The notes pay a monthly coupon of $12.375 per $1,000 (1.2375% monthly; potential up to 14.85% per annum) only if the index on an observation date is at least 50% of the initial underlier level. The initial underlier level is 394.46 (trade date March 20, 2026). Observation dates occur monthly from April 2026 through March 2031. Notes mature on March 25, 2031 unless automatically called on any call observation date from March 2027 through February 2031 when the index closing level is greater than or equal to 394.46, in which case holders receive the face amount plus the coupon on the subsequent payment date. The index applies a fixed daily decrement of 6.0% per annum, may employ up to 500% leverage with a maximum daily leverage change of 100%, and may be significantly uninvested on given days. The estimated value at pricing was approximately $966 per $1,000 face amount. Aggregate original face amount was $660,000. Payments are subject to issuer and guarantor credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., offers autocallable index-linked notes tied to the S&P 500, Dow Jones Industrial Average and Russell 2000. Trade date and initial levels are expected on April 14, 2026, with an original issue date expected on April 17, 2026 and a stated maturity date expected on April 21, 2031.

If a call observation date (first expected April 14, 2027) shows each index ≥ 90% of its initial level, the notes are automatically redeemed and pay the face amount plus the applicable call premium (call premiums rise over time; first call premium 8.6%). If not called, the maturity payoff depends on the lesser performing underlier: full face amount if the lesser underlier ≥ 70%, capped upside at 143% of face amount, and downside exposure to the lesser underlier below 70% (investors may lose a substantial portion or all of principal). The pricing supplement shows an estimated value of $885 to $935 per $1,000 face amount on the trade date and a maturity premium amount of 43%.

GS Finance Corp. offers Dow Jones Industrial Average Futures Excess Return Index‑linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The offering has an aggregate face amount of $738,000 and a stated maturity date of March 23, 2029

For each $1,000 face amount, at maturity you receive either (a) $1,000 if the final underlier level is equal to or below the initial level of 494.37, or (b) $1,000 plus 95.1% (95.1%) of the positive underlier return if the final underlier level is greater than 494.37. The trade date is March 20, 2026 and the original issue price is 100% of face amount; the estimated value at terms set is approximately $971 per $1,000 face amount. The offering carries an underwriting discount of 1.2% and net proceeds to the issuer of 98.8% of face amount.

GS Finance Corp. is offering autocallable contingent coupon equity-linked notes due 2027, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes reference the common stock of Freeport-McMoRan Inc. (Bloomberg: FCX UN), have a trade date of March 27, 2026 and an original issue date of April 1, 2026. Coupon payments are contingent and paid quarterly only if the underlier closes at or above a coupon trigger level equal to 70% of the initial level. The notes feature an automatic call if the underlier closes at or above the initial underlier level on any call observation date; called notes pay par plus the coupon then due. The structure includes a buffer of 30% (buffer level = 70% of initial), a buffer rate of approximately 142.86%, and a cash settlement at maturity that can result in loss of up to the entire investment if the final underlier level is sufficiently low. The original issue price is stated as 100% of face, underwriting discount 1%, and net proceeds to the issuer 99% of face amount.

GS Finance Corp. is offering non‑interest‑bearing, autocallable notes linked to an equally weighted basket of six stocks. The notes mature on March 23, 2028 with an automatic call observation on April 2, 2027 that would pay $1,200 per $1,000 face amount if triggered. At maturity the notes pay: (1) if final basket level > initial, $1,000 plus 125% participation in the basket return; (2) if final level ≥ 85% of initial, $1,000; (3) if final level < 85%, a buffered loss using a buffer rate of approximately 117.65%. Estimated value at issuance is approximately $952 per $1,000; original issue price is 100% with a 1.5% underwriting discount and net proceeds of 98.5%. Payments are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., and determinations (pricing, adjustments, postponements) rest with the calculation agent.

GS Finance Corp. priced a structured note offering backed by a guarantee of The Goldman Sachs Group, Inc., linked to the Dow Jones Industrial Average®, the Nasdaq-100 Index® and the Global X Copper Miners ETF. The original issue date is March 25, 2026 with aggregate face amount $757,000 and an original issue price of 100% of face amount (underwriting discount 1%, net proceeds 99%).

The notes pay a conditional monthly coupon of $14.584 per $1,000 (approximately 1.4584% monthly, ~17.5% annualized) only if each underlier’s closing level on a coupon observation date is ≥ the coupon trigger level (70% of its initial level). Early redemption is permitted by the issuer on monthly coupon dates from June 2026 through February 2029 at 100% of face plus any coupon then due. At maturity (March 26, 2029), cash settlement depends on the lesser performing underlier and includes buffer and knock-in thresholds (coupon trigger = 70%, trigger buffer = 60%); estimated value at pricing was approximately $934 per $1,000.

GS Finance Corp. is offering $4,146,000 aggregate face amount of Trigger Autocallable GEARS linked to the Nasdaq-100 Index®, maturing in 2031 and guaranteed by The Goldman Sachs Group, Inc. The notes feature an automatic call on March 29, 2027 (call payment March 31, 2027) at a 14.00% call return and provide 1.50 upside gearing; the downside threshold is 75.00% of the initial index level. Payments, including any principal repayment, depend on index performance and the creditworthiness of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. is offering structured, cash‑settled notes linked to the S&P 500® Futures Excess Return Index, with an upside participation rate of 140% and a buffer level equal to 80% (20% buffer). The notes pay no interest and settle on March 23, 2029 (determination date March 20, 2029). For each $1,000 face amount, investors receive $1,000 plus 1,000×(140%×underlier return) if the final underlier level is above the initial level; they receive the face amount if the final level is within the 20% buffer; and they incur a proportional principal loss if the final level is below the buffer. The aggregate face amount shown is $456,000, original issue price is 100% of face (underwriting discount 1%, net proceeds 99%), and the notes are fully guaranteed by The Goldman Sachs Group, Inc. Investors bear issuer/guarantor credit risk and potential substantial principal loss if the underlier declines beyond the buffer.