GOLDMAN SACHS GROUP (GS) SEC Filings, Aug 13, 2026

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering index-linked notes tied to the Goldman Sachs Momentum Builder® Focus ER Index. The notes pay no interest, are scheduled to trade on August 20, 2026 and mature on August 25, 2032, unless automatically called earlier.

Each note has a $1,000 face amount. If the notes are not called and the index is at least 103% of its initial level on the determination date, investors receive a maximum of $1,720 (a 72% maturity return); otherwise they receive $1,000. Annual call dates from 2027–2031 can trigger automatic redemption at preset call levels with call returns rising from 12% to 60%. The index is a rules-based, volatility- and momentum-controlled strategy that can allocate heavily to cash and is calculated on an excess-return basis with a 0.65% per annum deduction, which can materially reduce index performance. Estimated value is $885–$935 per $1,000, below the issue price, and payments are subject to the credit risk of GS Finance Corp. and its guarantor.

GOLDMAN SACHS GROUP INC (GS), via GS Finance Corp and with a guarantee from The Goldman Sachs Group, Inc., is offering unsecured structured notes linked to the common stock of NVIDIA, Alphabet Class C, AMD and Tesla. The notes pay conditional monthly coupons of $6.542 per $1,000 face amount (0.6542% monthly, up to approximately 7.85% per annum) only if on each coupon observation date the closing price of each index stock is at least 82% of its initial price.

The notes may be automatically called on monthly observation dates from August 2027 through July 2033 if all stocks are at or above 82% of their initial prices, in which case investors receive $1,000 per note plus the applicable coupon, and no further payments. If not called, at maturity (expected August 31, 2033) holders receive $1,000 per note plus any final coupon, regardless of stock performance, subject to issuer and guarantor credit risk.

The minimum denomination is $1,000. The trade date is expected to be August 26, 2026, and the original issue date August 31, 2026. Goldman Sachs estimates the initial economic value at $885–$925 per $1,000 face amount, below the 100% issue price, reflecting fees, hedging and model assumptions. The notes are not bank deposits, are unsecured, and are treated as contingent payment debt instruments for U.S. federal income tax purposes, leading to taxable deemed interest based on a comparable yield rather than only on cash coupons.

GOLDMAN SACHS GROUP INC (GS), through GS Finance Corp., is offering principal-at-risk Performance Leveraged Upside Securities (PLUS) linked to an equally weighted basket of 10 U.S. and foreign energy/industrial stocks. Each PLUS has a $1,000 stated principal amount, no interest payments, and is guaranteed by The Goldman Sachs Group, Inc.

At maturity in September 2027, holders receive $1,000 plus 150% of any positive basket return, capped at a maximum payment of at least $1,411.00 per PLUS. If the final basket value is at or below the initial basket value of 100, repayment equals $1,000 multiplied by the basket performance factor, with no downside protection; a 40% basket decline results in $600 per PLUS, and a total loss is possible.

The PLUS will not be listed, and secondary market liquidity depends on Goldman Sachs & Co. LLC, which is not obligated to make a market. The estimated value at pricing is expected to be $900–$960 per $1,000 PLUS, below the issue price, reflecting underwriting discounts, fees and structuring costs. Investors are exposed to the credit risk of both GS Finance Corp. and The Goldman Sachs Group, Inc., and to complex tax, market, and structural risks described in detail in the supplement.

GOLDMAN SACHS GROUP INC (GS), via GS Finance Corp., is offering principal-at-risk Contingent Income Auto-Callable Securities linked to a common share of Ferrari N.V., expected to mature on August 24, 2029, and fully guaranteed by The Goldman Sachs Group, Inc.

Each $1,000 security may pay a contingent quarterly coupon of at least $25.75 if, on the relevant observation date, Ferrari’s share price is at or above 65% of the initial share price. The notes are auto-called if on any call observation date the stock is at or above the initial share price, returning $1,000 plus the coupon then due, with no further payments.

If not called, and the final share price is at or above the downside threshold (65% of initial), investors receive $1,000 plus the final coupon; otherwise the payoff equals $1,000 multiplied by the share performance factor (final/initial), exposing investors 1-to-1 to downside below the threshold and potentially to a total loss. The original issue price is 100% of principal, with an estimated value of $910 to $970 per security and an underwriting discount of 2.25%.

GOLDMAN SACHS GROUP INC (symbol: GS) is the issuer of record for a Form 424B2 filing submitted to the SEC.

Goldman Sachs Group Inc. (GS), via subsidiary GS Finance Corp., is offering market-linked notes tied to the S&P 500® Index, expected to price on or about August 31, 2026 and mature on September 3, 2032, with a guarantee from Goldman Sachs Group Inc.

The notes pay no interest and return at least the $1,000 principal at maturity if held to maturity. Investors receive 100% leveraged upside to the S&P 500 index percent change, capped by a maximum payment at maturity of at least $1,590 per $1,000 note (at least 159% of principal); gains above an index level of 159% of the initial value are not passed through. If the index is flat or down, the maturity payment is $1,000.

The original issue price is 100% of principal, with a 3.50% underwriting discount and 96.50% net proceeds to the issuer. The estimated value is $890–$950 per note, below issue price, and will decline with an additional built-in amount amortizing to zero. The notes are unsecured, unsubordinated obligations, subject to the credit risk of GS Finance Corp. and Goldman Sachs Group Inc., will not be listed, and may be treated as contingent payment debt instruments for U.S. tax purposes, requiring accrual of taxable income before any cash is received.

Goldman Sachs Group Inc. (GS), through GS Finance Corp., is offering unsecured, unlisted structured notes linked to an equally weighted basket of six alternative asset manager stocks (Apollo Global Management, Ares Management, Blackstone, The Carlyle Group, KKR, and TPG). The basket has an initial level of 100, with each stock initially weighted at approximately 16.667%.

The notes pay no interest and return at maturity (September 15, 2027) depends solely on basket performance from the trade date (August 11, 2026) to the determination date (September 13, 2027). If the final basket level exceeds the initial level, investors receive 3× the basket return, capped at a maximum settlement amount of $1,396 per $1,000 face amount (a 39.6% maximum gain), with a cap level of 113.2% of the initial basket level. If the basket return is zero or negative, the payoff equals $1,000 plus $1,000 times the basket return, exposing investors to full downside, including potential 100% loss of principal.

The aggregate initial face amount is $750,000, sold at 100% of face with a 0.82% underwriting discount and 99.18% net proceeds to the issuer. The estimated value on the trade date is approximately $959 per $1,000, below the issue price, reflecting structuring and distribution costs and model-based pricing. Payments are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., and investors do not receive dividends or shareholder rights in the basket stocks.

Goldman Sachs Group, Inc. (GS), through GS Finance Corp., is offering $1,200,000 of autocallable buffered notes linked to the iShares Semiconductor ETF (SOXX). The notes pay no interest and mature on August 15, 2030, unless automatically called on August 12, 2027.

If on the call observation date SOXX is at or above the initial level of $534.20, the notes are redeemed for $1,350 per $1,000 face amount on August 17, 2027. If not called, at maturity investors receive $1,000 plus 1.4× any positive ETF return; if SOXX is down up to 20%, they receive $1,000 due to a 20% buffer. Below the 80% buffer level, losses accelerate at 1.25% per 1% further decline, and investors can lose their entire principal.

The notes’ estimated value at pricing is about $997 per $1,000, below the issue price, reflecting structuring and distribution costs. Returns depend on SOXX’s level only on the call observation and determination dates, and payments are subject to the credit risk of GS Finance Corp. and the Goldman Sachs Group, Inc., along with ETF tracking, sector concentration and tax risks.

Goldman Sachs Group Inc. (GS), via GS Finance Corp., is offering unsecured, zero-coupon structured notes linked to an equally weighted basket of five U.S. stocks (AMD, Hewlett Packard Enterprise, Lam Research, Robinhood Markets and ServiceNow). The basket has an initial level of 100 and each stock carries a 20% weight with specified initial prices.

The notes mature on August 14, 2031 but are subject to an automatic call from August 11, 2027 onward if the basket is at least 90% of its initial level, paying $1,000 plus a fixed call premium (starting at 17% and rising to 80.75%) per $1,000 face amount. If not called, maturity payoff depends on the basket return: full upside at a 100% participation rate if the final basket level is at or above 100; full principal back if the basket is between 50 and 100; and a loss matching the negative basket return if the basket falls below the 50% trigger buffer, which can result in a loss of most or all principal.

The aggregate face amount on the issue date is $1,111,000, sold at 100% of face with a 4.125% underwriting discount, yielding 95.875% of face in net proceeds. The estimated value is approximately $920 per $1,000 at pricing, reflecting fees and Goldman Sachs’ pricing models. The notes pay no interest, do not pass through dividends on the basket stocks, and expose investors to the credit risk of GS Finance Corp. and the guarantee of The Goldman Sachs Group, Inc.