GOLDMAN SACHS GROUP (GS) SEC Filings, Aug 14, 2026

Goldman Sachs Group Inc. (GS), through GS Finance Corp., is offering unsecured, auto-callable notes linked to the S&P 500® Futures 40% VT Adaptive Response 4% Decrement Index (USD) ER. The notes are expected to trade from an August 14, 2026 trade date to an expected August 23, 2032 maturity, unless automatically called quarterly from February 2027.

Investors may receive a fixed coupon of $18.334 per $1,000 (1.8334% monthly, up to ~22% per year) for any month when the index is at least 70% of its initial level; no coupon is paid below that threshold. At maturity, if not called and the index is at or above 50% of its initial level, principal is returned; below 50%, repayment is reduced one-for-one with index losses, down to a total loss.

The underlier uses up to 500% leverage, a 40% volatility target and a daily 4.0% per annum decrement, and can be significantly uninvested, all of which can magnify losses and cause underperformance versus the S&P 500®. The estimated value on the trade date is $885–$925 per $1,000 face amount, below the 100% issue price, and payments are subject to the credit risk of GS Finance Corp. and its parent guarantor.

GOLDMAN SACHS GROUP INC (GS), via subsidiary GS Finance Corp., is offering Medium-Term Notes, Series F, fully and unconditionally guaranteed by Goldman Sachs. These are structured notes linked to three equity indices: the Nasdaq-100 Index, Russell 2000 Index and S&P 500 Index.

The notes have an aggregate face amount of $4,439,000, issued at 100% of face, with a contingent monthly coupon of $7.917 per $1,000 (0.7917% monthly, up to about 9.5% per year) paid only when the closing level of each underlier on the observation date is at least 75% of its initial level. The notes are automatically called, returning $1,000 per $1,000 of face plus any due coupon, if on a call observation date each underlier is at least its initial level.

If not called, payment at maturity depends solely on the lesser performing underlier. If its final level is at least 70% of its initial level, investors receive full principal back (plus any final coupon if trigger conditions are met). If it is below 70%, principal is reduced one-for-one with that underlier’s loss, and investors can lose their entire investment. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., are not bank deposits, and are not insured by the FDIC. The estimated value at pricing is lower than the issue price, and secondary market value may be volatile and illiquid.

Goldman Sachs Group Inc. (GS), via GS Finance Corp., is offering auto-callable, contingent-coupon notes linked to the S&P 500® Futures 35% VT Adaptive Response 6% Decrement Index (USD) ER, maturing on or about August 17, 2029. The notes pay a quarterly coupon of $37.50 per $1,000 (3.75%, up to 15% per year) only if, on each observation date, the index is at or above 60% of its initial level; otherwise no coupon is paid.

Starting in February 2027 through May 2029, the notes are automatically called if the index is at or above its initial level, returning face value plus the applicable coupon. If not called, at maturity investors receive full principal only if the index is at or above 60% of its initial level; below that, repayment falls one-for-one with the index and can drop to zero, meaning total loss of principal.

The underlier is a highly complex, rules-based, leveraged futures index targeting 35% volatility, with exposure of up to 450% and a fixed 6% per annum decrement deducted daily, which drags performance versus a similar index without this fee-like feature. The estimated initial value is $925–$965 per $1,000 note, and payments are subject to the unsecured credit risk of GS Finance Corp. and its guarantor, The Goldman Sachs Group, Inc.

GOLDMAN SACHS GROUP INC (through issuer GS Finance Corp.) is offering structured notes linked to the iShares Semiconductor ETF (SOXX) that do not bear interest and are fully exposed to the issuer’s and guarantor’s credit risk. The notes are expected to be issued on August 19, 2026 and mature on October 19, 2027, with payoff based solely on the ETF level on the determination date, expected October 14, 2027.

For each $1,000 face amount, investors receive: (i) 200% upside participation in the ETF return, capped by a maximum settlement amount of $1,560 (cap level 128% of initial level); (ii) full principal back if the ETF closes at or above the 90% trigger buffer level; or (iii) a linear loss matching the ETF’s negative return if the final level is below 90%, with the possibility of losing up to 100% of principal. The estimated initial value is $925–$955 per $1,000, below the issue price, reflecting dealer margin and costs. The original issue price is 100% of face amount, with a 2% underwriting discount and 98% net proceeds to GS Finance Corp.

Goldman Sachs Group Inc. (GS), via GS Finance Corp., is offering unsecured, autocallable notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The notes pay no interest and are scheduled to mature on August 30, 2032, unless automatically called starting in February 2027 when the index closes at or above 95% of its initial level.

If called, investors receive $1,000 plus a call premium (beginning at 12.1254% and rising over time) per $1,000 face amount. If not called and the final index level is at least 95% of the initial level, investors receive the capped maximum of $2,455.048 per $1,000 (a 145.5048% premium). If the index falls but stays at or above 60% of the initial level, principal is returned at maturity; below that trigger buffer, losses are one-for-one and investors can lose their entire investment.

The underlier is a highly complex, leveraged (up to 500%) futures-based index with a 40% volatility target and a 6.0% per annum daily decrement, which drags performance and ensures the index will lag a similar index without such a fee. The estimated value at pricing is $885–$925 per $1,000, below the issue price, and investors are exposed to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

Goldman Sachs Group Inc. (GS), via GS Finance Corp., is offering unsecured, guaranteed structured notes linked to equal-weighted “index stocks” in NVIDIA, Alphabet Class A, Microsoft, and Apple. The notes pay contingent monthly coupons and may be automatically called before maturity.

For each $1,000 face amount, investors can receive a $7.50 coupon (0.75% monthly, up to 9% per year) on any observation date when the closing price of each index stock is at least 80% of its initial price. If any stock is below 80%, the coupon for that month is $0. Starting in August 2027, if on a call observation date every index stock is at or above its initial price, the notes are automatically redeemed at $1,000 plus the then‑due coupon.

If not called, the notes are scheduled to mature on September 2, 2031, paying $1,000 per note plus any final coupon. The initial trade date is expected to be August 27, 2026. The issuer highlights that the modeled estimated value at pricing is only $885–$925 per $1,000, below the 100% issue price, and that investors are exposed to the unsecured credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., with limited liquidity and complex anti‑dilution and market‑disruption adjustment mechanics.

GOLDMAN SACHS GROUP INC (GS), via GS Finance Corp as issuer and Goldman Sachs Group as guarantor, is offering unsecured, buffered notes linked to the iShares Semiconductor ETF (SOXX), maturing on or about October 19, 2027. The notes pay no interest and repayment depends entirely on SOXX’s performance between the expected trade date of August 14, 2026 and the determination date of October 14, 2027.

For each $1,000 note, investors receive: (i) a leveraged upside of 200% of the ETF’s positive return, capped by a maximum settlement amount of $1,390 (a 39% maximum gain), once the final level reaches 119.5% of the initial level; (ii) full principal repayment if the ETF falls by up to 10% (buffer level at 90% of the initial level); and (iii) a loss of principal on a 1‑for‑1 basis beyond the 10% buffer via the buffer formula. A large decline in SOXX could lead to a significant loss of invested principal.

The original issue price is 100% of face value, with a 2% underwriting discount and 98% net proceeds to GS Finance Corp. The notes’ estimated value at pricing is expected between $925 and $955 per $1,000, reflecting model-based factors and embedded costs. Payments are subject to the credit risk of GS Finance Corp and Goldman Sachs Group, and secondary market liquidity or pricing is not assured.

GOLDMAN SACHS GROUP INC (GS), via GS Finance Corp., is offering $10,690,000 of Buffer Autocallable GEARS notes linked to the EURO STOXX 50® Index, guaranteed by Goldman Sachs. Each note has a $10 face amount and matures in 2029, unless automatically called in 2027.

The notes offer 1.74x upside gearing, a 15.00% call return if the index is at or above the 100.00% autocall barrier on the call observation date, and a 10.00% buffer via a downside threshold at 90.00% of the initial index level of 6,533.99. Below the downside threshold, principal loss is 1% for each 1% additional index decline, up to a 90% loss if the index is zero.

The estimated value is $9.75 per $10 face amount, lower than the issue price, reflecting fees and dealer economics. The notes pay no interest or dividends, are unsecured and subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., and may have limited secondary market liquidity.

GOLDMAN SACHS GROUP INC (GS), via GS Finance Corp, is offering unsecured, non‑interest‑bearing notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The notes may be automatically called quarterly from February 2027 if the index closes at or above its initial level, paying $1,000 plus a call premium (starting at 14.5002% and rising over time).

If never called, at maturity in August 2032 investors receive: (i) the maximum settlement amount of $2,740.024 per $1,000 if the index is at or above its initial level; (ii) full principal back if the index has declined by up to 40%; or (iii) a 1:1 loss beyond that, down to total loss of principal. The underlying index targets 40% volatility with up to 500% leverage and applies a 6.0% per‑annum decrement, which continuously drags performance. The estimated value at pricing is expected between $885 and $925 per $1,000, below the issue price, and returns are also subject to the credit risk of GS Finance Corp and The Goldman Sachs Group, Inc.