GOLDMAN SACHS GROUP INC SEC Filings

GS Finance Corp. offers structured, non‑interest bearing notes linked to the S&P 500® Futures Excess Return Index. The offering comprises an aggregate face amount of $2,847,000 with an original issue price equal to 100% of face amount. The notes may be automatically called on the call observation date if the underlier closes at or above the initial level; in that event each $1,000 face amount pays $1,135 on the call payment date. If not called, maturity payoffs depend on the final underlier level, with an upside participation rate of 125% for gains, a 70% buffer level and a 30% buffer amount that limit but do not eliminate downside losses. The notes are senior unsecured obligations of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer/guarantor credit risk and market‑structure risks tied to futures pricing and roll yields.

GS Finance Corp. is offering contingent, autocallable notes linked to Palantir Class A, NVIDIA and Oracle common stock that mature April 13, 2028 unless automatically called beginning April 2027. Coupons accrue monthly when all three stocks meet a 50% trigger threshold; automatic call occurs if all three stocks close at or above their initial prices on a call observation date.

If not called, principal at maturity depends on the final outcomes: no trigger event = return of face amount (and final coupon if coupon conditions met); trigger event = cash amount tied to the lesser performing stock, which can result in significant principal loss. The estimated value at pricing was approximately $967 per $1,000 face amount.

GS Finance Corp. offers structured, cash-settled notes linked to the S&P 500® Futures Excess Return Index, guaranteed by The Goldman Sachs Group, Inc. The notes have a $2,638,000 aggregate face amount, no interest, a 200% upside participation rate and a 70% trigger buffer. If the underlier meets or exceeds the initial level on the call observation date, the notes will be automatically called and pay $1,187.50 per $1,000 face amount on the call payment date. If not called, maturity payments depend on the final underlier level and may result in a total loss of principal. The notes are subject to issuer and guarantor credit risk, market‑value fluctuations, negative roll yields tied to futures, tax uncertainty and limited liquidity.

The pricing supplement describes GS Finance Corp. medium-term notes (guaranteed by The Goldman Sachs Group, Inc.) linked to the Goldman Sachs Momentum Builder® Focus ER Index with an aggregate face amount of $2,680,000. Each note has a $1,000 face amount, a 100% upside participation rate and an automatic annual call feature with rising call levels and capped call premiums. The estimated trade-date value was $941 per $1,000 and an additional amount of $59 declines to zero by August 8, 2026. If not called, maturity settlement depends on index performance (final index level relative to initial index level 112.17). Notes do not pay interest and are subject to issuer/guarantor credit risk and complex index mechanics (daily rebalancing, 5% volatility control, momentum risk control, and a 0.65% annual deduction).

GS Finance Corp. priced principal‑protected S&P 500 linked notes under its Medium‑Term Notes, Series F program, with an aggregate face amount of $1,200,000. For each $1,000 face amount, holders receive at maturity either the face amount or $1,000 + $1,000 × underlier return capped at a maximum settlement amount of $1,474. The notes pay no interest, reference the S&P 500® Index (SPX Index), have a trade date of April 9, 2026, original issue date of April 14, 2026, and stated maturity of April 14, 2031. The comparable yield used for tax accruals is 4.68% per annum with a projected payment at maturity of $1,264.40 per $1,000 invested.

These notes expose holders to issuer/guarantor credit risk of The Goldman Sachs Group, Inc., limited upside because of the cap, potential secondary‑market illiquidity, and special U.S. tax rules for contingent payment debt instruments.

The issuer, GS Finance Corp., is offering contingent quarterly coupon, Amazon (AMZN)-underlier, automatically callable notes guaranteed by The Goldman Sachs Group, Inc. The offering totals $3,764,000 of face amount with a $1,000 face amount per note, trade date April 9, 2026, original issue date April 14, 2026, and stated maturity October 14, 2027. Coupons of $32.50 accrue per qualifying coupon observation date (coupon trigger 65% of the initial underlier level), notes are automatically called if the underlier closes at or above the initial level on a call observation date, and principal at maturity is linked to the Amazon final level with a trigger buffer at 65% (you may lose your entire investment).

GS Finance Corp. offers principal-protected-style contingent coupon notes linked to the common stocks of NVIDIA Corporation, Celestica Inc. and Broadcom Inc., with a stated maturity of April 12, 2029 and a trade date of April 9, 2026. The offering’s aggregate original face amount was $730,000 on the original issue date. Notes are automatically called if, on any call observation date (commencing April 2027), each index stock’s closing price is >= its initial index stock price. Monthly coupon mechanics pay $17.167 per $1,000 face amount (1.7167% monthly, ~20.6% p.a.) only when all three stocks meet coupon trigger thresholds (50% of initial price) on observation dates. If notes are not called, maturity payment depends on a final determination: if a trigger event (all final prices below initial prices) occurs, repayment is tied to the lesser-performing stock and could be significantly below principal; otherwise holders receive principal (and final coupon if applicable). The estimated value on the trade date was approximately $956 per $1,000 face amount. Underwriting discount was 1.5%.

GS Finance Corp. priced structured, cash-settled, equity-linked notes (aggregate face amount $814,000) guaranteed by The Goldman Sachs Group, Inc. The notes reference the Nasdaq-100, Russell 2000 and S&P 500, carry no interest, a 150% upside participation and a 70% trigger buffer. The notes can be automatically called on several semi-annual observation dates (first call observation April 9, 2027) for predetermined call premiums; if not called, final payoff at maturity (determination date April 9, 2031) depends solely on the lesser performing underlier and can result in a total loss of principal.

GS Finance Corp. offers Dual Directional Trigger PLUS notes guaranteed by The Goldman Sachs Group, Inc. The notes are principal-at-risk securities tied to a weighted basket of five components and mature on April 26, 2029. They provide 200% leveraged upside on positive basket performance up to a capped maximum payment (at least $1,362.50 per $1,000), a limited positive payoff for moderate declines (absolute return up to 20.00%), and full 1:1 downside exposure if the final basket value falls below the 80.00% trigger level. Pricing is expected around April 21, 2026 with original issue date expected April 24, 2026. All payments are subject to issuer and guarantor credit risk and the notes do not pay dividends or interest.