Goldman Sachs Group Inc SEC Filings

GS Finance Corp. offers leveraged callable Euro Stoxx 50® index-linked notes due March 31, 2031 with an aggregate face amount of $1,830,000. Each $1,000 note pays no interest and returns the face amount at maturity unless the final index level on the determination date exceeds the initial level of 5,565.93, in which case holders receive $1,000 plus 2.09 times the index return per $1,000.

The issuer may redeem the notes on quarterly call payment dates beginning April 2, 2027 at 100% of face plus a specified call premium (ranging from 10% to 47.5% depending on date). The estimated value on the trade date is approximately $940 per $1,000 face amount; original issue price is 100% with an underwriting discount of 2.5% and net proceeds of 97.5%.

GS Finance Corp. offers structured, non‑interest bearing notes (aggregate face amount $2,006,000) guaranteed by The Goldman Sachs Group, Inc. The notes reference the S&P 500® Futures Excess Return Index and pay either an automatic call payment of $1,122 per $1,000 on the call payment date if the underlier is at or above its initial level on the call observation date, or a cash settlement at maturity that depends on the final underlier level, a 125% upside participation rate, and an 85% buffer level. The notes may deliver significantly less than face amount at maturity if the final underlier level is below the buffer; examples show possible cash settlement as low as 15.000% of face. The original issue price is 100% with a 3.75% underwriting discount (net proceeds 96.25%).

Terms include trade date March 26, 2026, original issue date March 31, 2026, call observation date March 29, 2027, and stated maturity date April 2, 2031 (determination date March 26, 2031). Investors bear issuer/guarantor credit risk, structural risks tied to futures (including negative roll yield), no shareholder or futures‑holder rights, and tax characterization uncertainty.

GS Finance Corp. prices autocallable, buffered S&P 500® Index-linked notes due March 30, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes carry an initial underlier level of 6,368.85, an upside participation rate of 150%, a threshold settlement amount of $1,220 and an automatic-call payment of $1,110 per $1,000 if the S&P 500® closes at or above the initial level on the call observation date. If not called, principal protection applies only up to a 15% buffer; losses exceed that buffer on a leveraged basis. The estimated value at pricing is $900–$930 per $1,000 face.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal-at-risk, non-interest notes linked to an equally weighted 9-stock basket. The notes have an expected trade date of April 2, 2026, an expected call observation date of April 15, 2027 and an expected stated maturity of April 6, 2028. If the basket closing level on the call observation date is greater than or equal to the initial basket level (100), the notes will be automatically called and pay at least $1,220 per $1,000 face amount. If not called, maturity pay depends on the basket return: positive returns receive 125% upside participation; returns down to a 15% buffer return the face amount; losses beyond the buffer are reduced by a buffer rate of approximately 117.65%, which can result in significant principal loss. The estimated value on the trade date is between $900 and $930 per $1,000 face amount.

GS Finance Corp. is offering $ Buffered Russell 2000® Index-Linked Notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The cash payment at maturity per $1,000 face depends on the Russell 2000 index return from the trade date to the determination date. If the final level exceeds the initial level, holders receive $1,000 plus the upside participation (at least 100%) times the index return. If the final level is between the initial level and the buffer level (85%), holders receive the $1,000 face amount. If the final level is below the buffer level, investors suffer a loss equal to 1% of face for each 1% the index is below the buffer, potentially losing a substantial portion of principal. The notes pay no interest, are payable in cash, and are subject to issuer and guarantor credit risk. Key dates include trade date April 30, 2026, original issue date May 5, 2026, determination date April 30, 2031, and stated maturity May 5, 2031. The offering includes standard distribution conflicts and limited secondary market liquidity.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured notes linked to the Class A common stock of Meta Platforms, Inc. The notes pay no interest and mature on September 30, 2027 (determination date September 27, 2027). For each $1,000 face amount, holders receive either the maximum settlement amount of $1,220 if the final underlier level is at or above the trigger buffer level (70% of the initial underlier level), or a cash amount equal to $1,000 plus $1,000 × the underlier return if the final underlier level is below that buffer. Losses on the notes are linear below the trigger buffer and can equal the entire face amount. The notes carry issuer/guarantor credit risk, are not interest-bearing, and the original issue price exceeds the models’ estimated value after fees; underwriting discount is 2.35%. Purchase price, market liquidity and tax treatment are discussed in the supplement.

GS Finance Corp. is offering cash‑settled, S&P 500®‑linked notes (aggregate face amount $1,073,000) guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, include a 10% buffer (buffer level = 90% of the initial index level) and a 100% upside participation. The notes are subject to an automatic call on the call observation date; if called the issuer will pay $1,130 per $1,000 face amount on the call payment date. Stated maturity is April 2, 2029 and the determination date is March 26, 2029. The initial underlier level is 6,477.16. The notes are subject to the credit risk of GS Finance Corp. and its guarantor and may result in substantial loss if the final underlier level falls below the buffer.

GS Finance Corp. priced $2,991,000 of callable, buffered, monthly Nasdaq-100 Index®-linked range accrual notes due March 26, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay monthly interest up to an interest factor of 6.7% based on the fraction of scheduled trading days when the Nasdaq-100 closing level is ≥ 85% of the initial level (23,586.99). The issuer may redeem the notes at par on any monthly interest payment date on or after March 26, 2027. At maturity each $1,000 face amount pays par if the final index level ≥ 85% of the initial level; otherwise investors suffer a proportional loss (buffer = 15%).

The original issue price is 100% with an underwriting discount of 3.5% (net proceeds 96.5%); the estimated value at pricing was approximately $929 per $1,000 face amount. These notes carry issuer and guarantor credit risk and limited upside exposure to index gains.

GS Finance Corp. offers S&P 500®-linked principal-protected notes capped at a 17.5% upside. For each $1,000 face amount, investors receive $1,000 plus the S&P 500 underlier return at maturity if the final level exceeds the initial level, subject to a maximum settlement amount of $1,175. If the final level is equal to or below the initial level, holders receive the face amount. The notes pay no interest, are guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer and guarantor credit risk. The trade date is March 26, 2026, original issue date March 31, 2026, determination date December 26, 2028 and stated maturity December 29, 2028. Tax treatment follows contingent payment debt rules; the issuer's comparable yield is 4.65% per annum.