GOLDMAN SACHS GROUP INC SEC Filings

GS Finance Corp. offers $2,235,000 of structured, cash‑settled notes guaranteed by The Goldman Sachs Group, Inc. The notes link to the Nasdaq‑100 Index (NDX) with a 150% upside participation rate, a 57% trigger buffer and an initial underlier level of 24,202.37.

If the notes are automatically called on the call observation date, holders receive $1,100 per $1,000 face amount. If not called, maturity payoffs vary: full principal if the final level is at or above 57% of the initial level, leveraged upside if the final level is above the initial level, or a loss proportional to the underlier return if the final level is below 57% (investors could lose their entire investment). The notes pay no interest and carry issuer/guarantor credit risk; underwriting discounts and structuring fees reduce economic terms.

GS Finance Corp. intends to offer Contingent Income Auto-Callable Securities linked to the common stock of Eli Lilly and Company that mature on April 20, 2029 unless automatically called earlier. Each security has a stated principal amount of $1,000 and may pay a contingent quarterly coupon (at least $28.375 per coupon observation accrual) only if the underlying stock's closing price on a coupon observation date is greater than or equal to the downside threshold, defined as 60.00% of the initial share price. If the securities are automatically called after a call observation date at or above the initial share price, holders receive principal plus the contingent coupon then due; if not called and the final share price is below the downside threshold, holders are exposed to loss on a 1:1 basis and may lose a significant portion or all of principal. The pricing date is expected on or about April 17, 2026 with an original issue date expected on April 22, 2026. The estimated secondary-market indicative value range at pricing is $915 to $975 per security and the underwriting discount is 2.25%.

GS Finance Corp. is offering Buffered Equity-Linked Notes due 2027, guaranteed by The Goldman Sachs Group, Inc., linked to the common stock of NVIDIA Corporation. Each note has a $1,000 face amount and pays at maturity based on the underlier return, subject to a maximum settlement amount of $1,172.50 and a 30% buffer (buffer level: 70% of the initial underlier level). If the final underlier level is at or above the buffer level but not above the cap, holders receive principal; above the cap the cash payment is capped at $1,172.50; below the buffer holders suffer pro rata losses, with examples showing a potential loss of 52% if the underlier falls to 18% of its initial level. Trade date is April 23, 2026, original issue date April 28, 2026, determination date May 24, 2027, and stated maturity May 27, 2027. The notes pay no interest, are cash‑settled, and are subject to the credit risk of the issuer and guarantor.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering cash-settled, non‑interest bearing structured notes linked to the S&P 500® Futures Excess Return Index. The notes have an upside participation rate of 135% and pay, at maturity, for each $1,000 face amount either $1,000 or $1,000 plus $1,000 × 135% × underlier return, measured from the trade date April 7, 2026 to the determination date and maturing on April 10, 2031. The offering lists an aggregate face amount of $470,000, an original issue price of 100% of face amount, a 1% underwriting discount, and net proceeds to the issuer of 99% of face amount. The notes are subject to issuer/guarantor credit risk, potential negative roll yields because they track futures, limited secondary‑market liquidity, and special U.S. tax treatment as contingent payment debt instruments.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured notes linked to the common stock of EQT Corporation. The notes have a trade date expected April 17, 2026, an original issue date expected April 22, 2026, and a stated maturity expected May 20, 2027. Coupons equal $10.917 per $1,000 (1.0917% monthly, ~13.1% per annum) are paid on each coupon payment date only if the index stock closing price on the related coupon observation date is at least 67% of the initial index stock price. The notes are automatically called if the index stock closing price on any call observation date is greater than or equal to the initial index stock price; redemption returns principal plus the coupon. At maturity, if the final index stock price is below 67% of the initial index stock price, investors may receive a reduced cash settlement equal to $1,000 plus the index stock return times $1,000, potentially resulting in losses of principal. The estimated value on the trade date is expected to be between $925 and $955 per $1,000 face amount; original issue price is 100% of face. These notes are unsecured obligations and expose investors to issuer and guarantor credit risk.

GS Finance Corp. offers callable structured notes linked to the VanEck Gold Miners ETF (GDX), an ADS of Taiwan Semiconductor Manufacturing Company Limited (TSM, 5-for-1 ADS), and Visa Inc. (V). The notes mature on expected April 6, 2028 but may be automatically called monthly from October 2026 through March 2028 if each underlier meets its initial level set on April 2, 2026. Coupons of $15.417 per $1,000 (1.5417% monthly; ~18.5% annualized) are payable on a coupon payment date only if each underlier is at or above 70% of its initial level on the related observation date. At maturity, if not called, the cash payment depends on the lesser performing underlier: full principal is returned if each final underlier level is ≥80% of initial; partial principal (reduced per formula) is paid if final levels fall between 70%–80%; and you may lose materially if any final level is <70%.

GS Finance Corp. priced Dual Directional Buffered PLUS linked to the S&P 500® Index due May 3, 2028. Each $1,000 Buffered PLUS offers 150% leveraged upside up to a cap (at least $1,201.00) and a 10.00% buffer against losses; losses beyond the buffer reduce principal 1% per 1% down, subject to a $100 minimum. Payments depend on the final index value on the valuation date and are unsecured obligations guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. is offering Autocallable Goldman Sachs Momentum Builder® Focus ER index-linked notes due April 29, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay cash at maturity based on the index return with a 100% upside participation rate and include annual automatic call features tied to rising index levels. Call observation dates begin April 26, 2027, with increasing call levels and corresponding capped call premiums. The index applies daily rebalancing, a 5% realized volatility control, and a 0.65% per annum deduction that may materially reduce index returns. GS&Co. is the initial calculation agent and market maker; estimated trade-date value is $850–$890 per $1,000 face amount.

GS Finance Corp. is offering Performance Leveraged Upside Securities (PLUS) linked to the S&P 500® Index with a 300% leverage factor and a stated principal amount of $1,000 per PLUS. Pricing is expected on or about April 16, 2026 with an original issue date of April 21, 2026 and a stated maturity of August 4, 2027. At maturity investors receive either the stated principal plus a leveraged upside payment (subject to a maximum payment of $1,162.00 per PLUS) if the final index value exceeds the initial index value, or a reduced principal equal to the index performance factor if the index declines. The offering is unsecured and payable in cash and is subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.