GOLDMAN SACHS GROUP INC (GS) SEC Filings, Aug 17, 2026

Goldman Sachs Group Inc. (GS), via GS Finance Corp., is offering unsecured, unlisted autocallable buffered return notes linked to three ETFs: State Street Energy Select Sector SPDR ETF (XLE), iShares Expanded Tech-Software Sector ETF (IGV) and SPDR Gold Trust (GLD). The notes pay no interest and mature on an expected stated maturity date of August 26, 2031, unless automatically called.

The notes are automatically redeemed on the expected November 23, 2026 call observation date if each ETF is at least 90% of its initial level, paying $1,175.002 per $1,000 face amount. If held to maturity and all ETFs are above their initial levels, investors receive $1,000 plus 125% of the lesser performer’s gain. If any ETF finishes at or below its initial level but at or above 70%, only $1,000 is returned. Below 70% for any ETF, principal is reduced with a downside “buffer rate” of about 142.86%, and investors can lose their entire investment.

The estimated initial value is between $885 and $925 per $1,000, below the issue price, reflecting dealer compensation, structuring fees and hedging costs. Repayment depends on the credit of GS Finance Corp. as issuer and The Goldman Sachs Group, Inc. as guarantor.

Goldman Sachs Group, Inc. (symbol GS), through issuer GS Finance Corp., is offering leveraged EURO STOXX 50 Index-linked notes due 2029, fully and unconditionally guaranteed by Goldman Sachs Group, Inc. These notes pay no interest and the repayment of principal depends on EURO STOXX 50 performance.

At maturity, for each $1,000 note, if the final index level is above the initial level, investors receive $1,000 plus 200% of the index gain, capped at a maximum settlement amount of $1,462. If the final level is between 85% and 100% of the initial level, investors receive only the $1,000 face amount. If the final level falls below 85% of the initial level, principal is reduced one-for-one with the index loss and investors can lose up to 100% of their investment.

The original issue price is 100% of face amount, with a 2.25% underwriting discount and 97.75% net proceeds to the issuer. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and Goldman Sachs Group, Inc., will not be listed on an exchange, may have limited or no secondary market liquidity, and involve additional risks from foreign equity exposure and uncertain U.S. tax treatment as a pre-paid derivative contract.

GOLDMAN SACHS GROUP INC (symbol: GS) is the issuer of record for a Form 424B2 filing submitted to the SEC.

Goldman Sachs Group Inc. (GS), via GS Finance Corp., is issuing senior unsecured notes linked to three ETFs: State Street Consumer Staples Select Sector SPDR ETF, State Street Utilities Select Sector SPDR ETF and Invesco S&P 500 Low Volatility ETF. The notes mature on August 16, 2029 and are fully and unconditionally guaranteed by Goldman Sachs Group Inc.

Investors may receive a conditional monthly coupon of $6.25 per $1,000 face amount (0.625% monthly, up to 7.5% per year) whenever on an observation date each ETF is at or above 70% of its initial level ($86.00, $44.04 and $76.23, respectively). If any ETF is below 70%, no coupon is paid for that month. GS Finance Corp. can redeem the notes at par plus any due coupon on any payment date from August 2027 through July 2029.

At maturity, if not redeemed, principal repayment depends on the least-performing ETF. If each ETF is at or above 70% of its initial level, holders receive $1,000 plus the final coupon. If any is below 70%, repayment is reduced one-for-one with the worst ETF’s loss, with downside exposure to a complete loss of principal and no final coupon. The initial estimated value is about $968 per $1,000, below the issue price, reflecting fees, hedging and dealer economics, and the notes carry the credit risk of both GS Finance Corp. and Goldman Sachs Group Inc.

Goldman Sachs Group Inc. (GS), via GS Finance Corp., is offering auto-callable, no‑interest structured notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The notes are expected to trade on August 20, 2026, with an original issue date around August 25, 2026 and a stated maturity on August 25, 2032, subject to early automatic redemption.

The notes may be automatically called quarterly starting in August 2027 if the index closing level is at or above its initial level, paying $1,000 plus a call premium of up to 175.375% of face at the latest call date. If never called, and the final index level is at or above the initial level, investors receive a maximum settlement amount of $2,830 per $1,000 (183% maturity premium). If the index falls up to 50%, principal is returned at par; below that buffer, losses are one‑for‑one and investors can lose their entire investment.

The underlier is a highly complex, leveraged (up to 500%) futures‑based index with a 40% volatility target and a 6% per‑annum daily decrement, which drags performance and ensures it will trail an equivalent index without the decrement. The notes’ estimated value at pricing is $885–$925 per $1,000, below issue price, and all payments are subject to the unsecured credit risk of GS Finance Corp. and its guarantor, The Goldman Sachs Group, Inc.

GOLDMAN SACHS GROUP INC (GS), via GS Finance Corp., is offering Autocallable Contingent Coupon Index-Linked Notes due 2030 linked to the Nasdaq‑100, Russell 2000 and S&P 500, under its Medium‑Term Notes, Series F program and guaranteed by Goldman Sachs Group, Inc.

The notes pay a contingent monthly coupon of $7.50 per $1,000 (0.75%, up to 9.00% per year) only if on each observation date every index is at or above 70% of its initial level; otherwise the coupon is zero. Beginning about one year after issuance, the notes are automatically called if all indices are at or above their initial levels, returning principal plus the coupon for that month.

If not called, at maturity investors receive full principal only if every index is at or above 50% of its initial level; otherwise repayment is reduced one‑for‑one with the worst index, down to a possible 100% loss of principal. The notes carry the credit risk of GS Finance Corp. and Goldman Sachs Group, Inc., will not be listed on any exchange, and their estimated value on the trade date will be less than the original issue price.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering unsecured structured notes called Trigger Autocallable GEARS linked to an unequally weighted basket of five equity indices (EURO STOXX 50® 40%, Nikkei 225 25%, FTSE® 100 17.5%, Swiss Market Index 10%, S&P/ASX 200 7.5%). Each security has a $10 face amount, with a minimum purchase of $1,000, and will mature on or about August 29, 2031 unless automatically called.

The notes feature an autocall barrier at 100% of the initial basket level on the call observation date (expected September 3, 2027). If triggered, investors receive $10 plus a 15.00% call return ($11.50 per $10) and the notes terminate. If not called, at maturity investors get enhanced upside: when the final basket level exceeds the initial level, the payoff equals $10 plus the basket return multiplied by upside gearing, expected between 1.50 and 1.70.

Downside protection is only partial and applies solely at maturity. If the final basket level is at or above the 75.00% downside threshold, principal is repaid; below that level, losses match the basket return and investors may lose all of their investment. The notes pay no coupons or dividends, have limited or no liquidity, and all payments depend on the creditworthiness of GS Finance Corp. and The Goldman Sachs Group, Inc. The estimated value on the trade date is expected between $8.85 and $9.25 per $10, versus a 100% issue price, reflecting underwriting discounts and structuring costs.

GOLDMAN SACHS GROUP INC (symbol: GS) is the issuer of record for a Form 424B2 filing submitted to the SEC.

Goldman Sachs Group, Inc. (GS), via GS Finance Corp., is offering Russell 2000® Index-linked Medium-Term Notes, Series F, with an aggregate face amount of $2,566,000. The notes are fully and unconditionally guaranteed by Goldman Sachs.

The notes pay no interest and return depends on Russell 2000® performance from trade date to determination date. For each $1,000 note, if the index finishes at or above the initial level of 3,052.847, holders receive $1,000 plus index return, capped at a maximum upside settlement amount of $1,192.50. If the final level is between 80% and 100% of the initial level (the 20% buffer), investors receive a positive return equal to the absolute index move, up to 20%.

If the index closes below 80% of the initial level, investors lose 1% of face for each 1% decline below the buffer level, up to an 80% loss if the index falls to zero. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and Goldman Sachs, are not listed, may have limited liquidity, and their estimated value at pricing is less than the 100% issue price (2.55% underwriting discount, 97.45% net proceeds). U.S. tax treatment is uncertain; counsel views them as pre-paid derivative contracts.