GOLDMAN SACHS GROUP INC SEC Filings

GS Finance Corp. is offering Callable Contingent Coupon Index-Linked Notes due July 6, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay contingent monthly coupons of $7.25 per $1,000 if each index closes at or above 70% of its initial level on a coupon observation date and are callable at 100% plus any coupon on specified payment dates commencing December 2026. At maturity the cash settlement depends solely on the performance of the lesser performing index (S&P 500, Dow Jones Industrial Average, Russell 2000) versus buffer and trigger levels; losses can be substantial if the lesser performing index falls below buffer levels. The estimated value at pricing was approximately $992 per $1,000 and the original issue price is 100% of face; underwriting discount is 0.75%.

GS Finance Corp. priced $31,440,000 of Dual Directional Buffered PLUS linked to the S&P 500® Index. The securities pay at maturity on July 6, 2028 based on index performance measured from the pricing date June 30, 2026 to the valuation date June 30, 2028. For each $1,000 principal: upside is 150% of positive index return subject to a cap of $1,200.50 (120.05%); a 10.00% buffer provides a positive absolute return for modest declines; and the minimum payment is $100 (10.00%). Estimated model value at pricing was approximately $972 per $1,000; original issue price was par with a total underwriting discount of 2.50% ($786,000). Payments are unsecured obligations and subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.; investors forgo dividends and may lose up to 90.00% of principal.

GS Finance Corp. offers $894,000 of medium-term notes linked to the S&P 500® Futures Excess Return Index. For each $1,000 face amount, at maturity the issuer will pay either $1,000 or $1,000 plus 137% of the underlier return, measured from the trade date of June 30, 2026 to the determination date of June 30, 2031, with a stated maturity of July 3, 2031 (terms subject to adjustment as described in the supplement). The notes do not pay interest and are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The original issue price is 100% of face amount; underwriting discount is 1.125% and net proceeds to the issuer are 98.875% of face amount.

GS Finance Corp. is offering structured notes linked to the common stock of Synopsys, Inc. with an aggregate face amount of $295,000 on the original issue date. The notes mature on July 6, 2029 but will be automatically called if the index stock closes at or above the initial index stock price of $446.07 on any call observation date.

Quarterly coupons of $43.25 per $1,000 (4.325% quarterly; up to 17.3% per annum) are paid only when the index stock closing price on a coupon observation date is at least 60% of the initial index stock price. If the final index stock price at determination is below 60% of the initial price, principal at maturity is reduced pro rata by the index stock return; holders may receive less than 60% of principal and no coupon. The estimated value on the trade date was approximately $969 per $1,000.

GS Finance Corp. priced indexed, buffered, capped notes tied to the Russell 2000® Index. The notes have a $1,000 face amount each, aggregate face amount of $476,000, trade date June 30, 2026, original issue date July 6, 2026 and stated maturity date July 6, 2028. At maturity holders receive a cash payment determined by the underlier return, with a 10% buffer (buffer level = 90% of initial level), an upside participation rate of 200%, and a capped maximum settlement amount of $1,302.50 per $1,000 face amount. The notes pay no interest and are senior unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc. The offering includes a 1% underwriting discount, leaving net proceeds equal to 99% of face amount. Tax treatment is uncertain and purchasers should consult advisors.

GS Finance Corp. offers leveraged index-linked notes due July 6, 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity is tied to the lesser performing of the Russell 2000® and S&P 500® measured from June 30, 2026 to July 2, 2029. For each $1,000 face amount the payout uses an upside participation rate of 109.75% and an 18% buffer: if the lesser performing index is down less than or equal to 18% you may receive the absolute loss amount as a positive return; if it is down more than 18% you absorb losses beyond the buffer. The pricing supplement shows an estimated value of approximately $984 per $1,000 face amount on the trade date and an original issue price of 100% with an underwriting discount of 1.2%. The notes are unsecured obligations subject to issuer and guarantor credit risk and may have limited secondary-market liquidity.

GS Finance Corp. offers medium-term notes (guaranteed by The Goldman Sachs Group, Inc.) with a $3,351,000 aggregate face amount under a pricing supplement dated . The notes reference the S&P 500® Index and pay no periodic interest. They include an automatic call feature: if the closing level of the underlier on the call observation date is greater than or equal to the initial underlier level, the notes will be called and pay $1,055 per $1,000 on the call payment date. If not called, the maturity payment depends on the final underlier level: investors receive $1,000 if the final level is equal to or below the initial level, or $1,000 plus 100% of the underlier return if the final level is greater than the initial level. The notes have an original issue price of 100% of face amount, an underwriting discount of 0.75%, and net proceeds to the issuer of 99.25% of face amount. The tax treatment, market-value risks, credit risk of the issuer and guarantor, and the notes' contingent-payment tax rules are described in the supplement.

The pricing supplement describes an offering of $5,600,000 aggregate principal amount of Auto-Callable Trigger PLUS notes issued by GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc. The notes reference the S&P 500Index, have a 125.00% leverage factor, an initial index value of 7,499.36 and a downside threshold of 6,749.424 (90.00%).

The securities may be automatically called on the call observation date (July 7, 2027) for a fixed cash payment of $1,111 per $1,000 (an 11.10% return). If not called, maturity is July 6, 2028 with payoff rules tied to the final index value: upside participation at 125.00% of any positive index return, repayment of principal if the final index value is at or above the downside threshold, or a 1-for-1 loss of index decline if the final index value is below the downside threshold. The estimated value at pricing was approximately $971 per $1,000. Underwriting discount is $140,000 (2.50%); net proceeds $5,460,000.

GS Finance Corp. priced Market Linked Securities (auto-callable, leveraged upside, principal at risk) tied to the iShares® Expanded Tech-Software Sector ETF with an aggregate face amount of $291,000. Each security has a face amount of $1,000, an original offering price of $1,000 and an estimated value at pricing of approximately $955 per $1,000. The securities have an upside participation rate of 125%, an automatic call feature on July 6, 2027 that pays a call premium of 18.50% ($185.00) if the fund closing price on the call date is greater than or equal to the starting price ($90.60). If not called, maturity is July 6, 2029; maturity payments depend on the ending price relative to a threshold price equal to 70% of the starting price (30% threshold). Investors face 1-to-1 downside exposure below the threshold and may lose up to 100% of the face amount. Payments are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer/guarantor credit risk.