GOLDMAN SACHS GROUP INC SEC Filings

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured, equity-linked notes tied to the common stocks of Advanced Micro Devices, Inc., Broadcom Inc. and Tesla, Inc.. The notes (expected trade date April 27, 2026) pay a monthly coupon that will be either $8.334 or $0.209 per $1,000 face amount depending on each index stock's closing price relative to its initial price (coupon trigger = 75% of initial price). Notes may be automatically called if each index stock's closing price on a call observation date is >= its initial price; expected stated maturity is May 5, 2031. The estimated value at pricing is noted as between $885 and $935 per $1,000 face amount. Payments are unsecured obligations of GS Finance Corp. and subject to issuer and guarantor credit risk; GS&Co. is the calculation agent with substantial discretion over price determinations and anti-dilution adjustments.

The Goldman Sachs Group, Inc. is offering fixed rate notes due April 21, 2031 with an expected interest rate of 4.625% per annum.

The notes are to be issued in U.S. dollars in denominations of $1,000, trade date is April 17, 2026 and original issue date is April 21, 2026. Interest will be paid each April 21 and October 21, using a 30/360 (ISDA) day count convention. The notes will not be listed and will be issued in book-entry form under a master global note (CUSIP 38151FY56). The issuer may terminate the proposed issuance if there is a significant adverse movement in its credit spread prior to the trade date, and investors who subscribe before the issuer’s upcoming earnings release may withdraw their orders before the trade date.

GS Finance Corp. filed a Capital Markets Structured Products Summary Supplement under Registration Statement No. 333-284538 describing medium-term notes, series and other notes whose payments are linked to one or more index stocks, indices or ETFs ("underliers"). The supplement dated April 7, 2026 (and an October 10, 2025 supplement) explains customized payoff structures (buffers, barriers, digital coupons, autocallable and snowball variants), principal‑return options subject to issuer and guarantor credit risk, and that the notes are unsecured debt of GS Finance Corp. guaranteed by The Goldman Sachs Group, Inc. The document warns investors of market, credit, liquidity and shareholder‑rights risks and states notes are not FDIC insured.

GS Finance Corp. is offering Trigger Autocallable Notes linked to the S&P 500® Index, guaranteed by The Goldman Sachs Group, Inc. The notes can be automatically called quarterly beginning after 12 months; the autocall barrier is 100.00% of the initial index level and the downside threshold is 75.00% of the initial index level. The call return (set on the trade date) is based on a per annum rate between 8.00% and 8.80% and increases the longer the notes remain outstanding.

If automatically called, investors receive the face amount plus the applicable call return on the applicable call payment date. If not called, maturity is expected on April 14, 2031, and repayment at maturity is contingent: if the final index level is below the downside threshold, holders receive a reduced cash settlement that can result in a loss up to the full investment. Original issue price is 100.00% of face amount; estimated model value on the trade date is between $9.45 and $9.75 per $10 face amount. Minimum purchase is $1,000. These notes involve significant market and credit risk and may have little or no secondary market.

GS Finance Corp. proposes callable, principal-at-risk notes linked to Meta (Class A), Amazon and Tesla common stock prices. The notes pay a monthly path-dependent coupon (about 1.1667% per month, up to ~14% per annum in formulaic terms) only if each index stock meets a 50% threshold on observation dates. The notes may be automatically called if each stock equals or exceeds its initial price on a quarterly call observation date. At maturity (expected April 23, 2029), if a trigger event occurs (each stock below its initial price), redemption is based on the worst-performing stock and could return substantially less than principal; otherwise holders receive face amount and possibly a final coupon. Estimated model value at pricing is $925–$955 per $1,000 face amount.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering S&P 500® Index‑linked notes maturing expected to be July 3, 2031. The notes pay no interest; payment at maturity depends on the arithmetic‑averaged initial and final index levels over defined averaging periods. Key terms: face amount per note $1,000, original issue price 100% of face, estimated value at trade date $900–$930 per $1,000 face, cap level 142% of the initial underlier level, maximum settlement amount $1,542.50 per $1,000 face. Investors can lose a substantial portion of principal if the final averaged index level is below the 85% buffer level. The initial averaging period is expected April 6–July 6, 2026; trade date expected April 8, 2026; original issue date expected April 13, 2026. Credit risk is that of GS Finance Corp. and guarantor The Goldman Sachs Group, Inc.

The Goldman Sachs Group, Inc. is offering callable fixed rate notes due 2031. The notes will bear interest at 4.825% per annum from and including the original issue date (expected April 17, 2026) to but excluding the stated maturity date (expected April 7, 2031). Interest payments are expected annually on April 17, beginning April 17, 2027. The issuer may redeem the notes in whole, but not in part, on quarterly redemption dates on or after April 17, 2027, with at least five business days’ notice, at 100% of principal plus accrued interest. The notes will be issued in book-entry form through DTC and are new securities with no established trading market. Pricing, underwriting discounts, and final initial price to public will be set in the pricing supplement and may vary for certain investors.

GS Finance Corp. is offering Leveraged Buffered MSCI EAFE Index-Linked Notes due 2027, fully guaranteed by The Goldman Sachs Group, Inc. Each $1,000 face‑amount note pays at maturity based on the MSCI EAFE index performance measured from April 10, 2026 to October 14, 2027. If the final index level rises, holders receive 200% of the upside subject to a $1,235 cap. If the final level is between 90% and 100% of the initial level, holders receive the face amount. If the final level falls below the 90% buffer, principal is reduced 1% for each 1% the index is below the buffer, exposing investors to substantial losses. The notes pay no interest and are subject to the issuer’s and guarantor’s credit risk, limited liquidity, and uncertain U.S. federal tax treatment.

GS Finance Corp. offers principal-at-risk notes linked to an equally weighted basket of nine common stocks. The notes have an initial basket level of 100, an upside participation rate of 125%, a buffer level of 80% (20% buffer), an expected call observation date of April 23, 2027 and an expected stated maturity date of April 13, 2028. If automatically called, each $1,000 face amount will pay at least $1,193; otherwise payout at maturity depends on the basket return and the buffer mechanics. The estimated value at pricing is expected between $900 and $930 per $1,000 face amount. The notes are unsecured obligations of GS Finance Corp. and are subject to issuer and guarantor credit risk.