GOLDMAN SACHS GROUP INC (GS) SEC Filings, Aug 12-13, 2026

GOLDMAN SACHS GROUP INC (through issuer GS Finance Corp.) is offering index-linked notes due 2031 that are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes are linked to three equity indices: the MSCI EAFE Index, the MSCI Emerging Markets Index and the EURO STOXX 50^® Index.

Each $1,000 note pays at maturity a cash amount based solely on the lesser performing underlier. If the final level of every index is above its initial level, the payoff equals $1,000 plus 265.9% of the lesser performing index’s gain. If any index finishes at or below its initial level but all remain at or above 70% of their initial levels (the trigger buffer level), investors receive only the $1,000 face amount. If any index ends below 70% of its initial level, repayment is $1,000 times the lesser performing index return, creating 1:1 downside exposure and the possibility of a complete loss of principal. The notes pay no interest, are unsecured senior obligations of GS Finance Corp. guaranteed by The Goldman Sachs Group, Inc., and their market value and repayment are subject to the credit risk of both entities, equity market volatility, foreign market and currency risks, interest rates and complex U.S. tax treatment.

GOLDMAN SACHS GROUP INC (GS), via GS Finance Corp, is offering no-coupon structured notes linked to an equally weighted basket of 7 large-cap stocks. Each note has a $1,000 face amount and an initial basket level of 100.

The notes may be automatically called on the call observation date in September 2027 if the basket level is at or above 100, paying at least $1,222.6 per $1,000. If not called, maturity in September 2028 pays: $1,000 plus 1.25x basket gain if the basket is above 100; $1,000 if the basket is between 85 and 100; or a buffered loss if the basket is below 85, with a 15% buffer and a downside participation factor of about 117.65%. Estimated initial fair value is $900–$930 per $1,000, and investors bear the unsecured credit risk of GS Finance Corp and its guarantor, The Goldman Sachs Group, Inc.

GOLDMAN SACHS GROUP INC (GS), through issuer GS Finance Corp, is offering callable index-linked notes due on the expected stated maturity date of August 19, 2031, linked to the lesser performance of the Russell 2000® Index and the S&P 500® Index, and fully guaranteed by The Goldman Sachs Group, Inc.

The notes pay no interest. At maturity, if held and not called, investors receive: (i) $1,000 plus 1.1495 times the lesser-performing index return if the final level of each index exceeds its initial level; or (ii) only the $1,000 face amount if either index is flat or down, so downside is principal-return-only rather than loss of principal. GS Finance Corp may redeem the notes in whole on monthly call payment dates from August 19, 2027 through July 17, 2031 at $1,000 plus a scheduled call premium (starting at 10.0008% and rising to 49.1706%).

The upside participation rate is 114.95%, but investors face issuer and guarantor credit risk and no participation in index dividends. The estimated value on the trade date is expected to be $885–$925 per $1,000 face amount, below the issue price, reflecting fees and model assumptions. For U.S. tax purposes, the notes are expected to be treated as contingent payment debt instruments, requiring accrual of ordinary income over the term.

Goldman Sachs Group, Inc. (GS), via GS Finance Corp., is offering leveraged, callable notes linked to the S&P 500 Futures Excess Return Index, maturing in August 2033 and fully guaranteed by Goldman Sachs Group. The notes pay no interest and are unsecured obligations subject to the credit risk of both the issuer and guarantor.

At maturity, if not previously called, investors receive at least the $1,000 face amount per note, plus leveraged upside of 5.55× any positive index return; if the index return is zero or negative, only face amount is paid. GS Finance Corp. may redeem the notes monthly from 2027 to 2033 at face amount plus a fixed call premium that steps up over time, capping potential return if called. The structure is based on E‑mini S&P 500 futures, not the cash S&P 500 Index, and is exposed to futures-specific effects such as financing costs and potential negative roll yield. The estimated economic value on the trade date is disclosed as $885–$925 per $1,000, below issue price, and the notes are expected to be treated as contingent payment debt instruments for U.S. tax purposes, causing taxable income accruals before any cash is received.

GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is issuing Buffered S&P 500 Index-Linked Notes due 2028 under its Medium-Term Notes, Series F program. Payments at maturity depend on the S&P 500 Index level on the determination date versus the initial level.

Each note has a $1,000 face amount. If the index finish level is at or above the initial level, investors receive $1,000 plus the index return, capped at a maximum upside settlement amount of $1,202.50 per note. If the index declines but remains at or above 80% of the initial level, investors gain the absolute value of the index return. If the index closes below the 80% buffer level, investors lose 1% of principal for each 1% drop below that level and may lose a substantial portion of principal.

The notes pay no interest, have a trade date of August 13, 2026 and a stated maturity date of August 16, 2028, and are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc. They will not be listed on any exchange, and secondary market values may be lower than the original issue price. The issuer discloses that the initial estimated value will be less than the issue price, and highlights structural, market, liquidity and tax risks, including uncertain U.S. federal income tax treatment.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering autocallable contingent coupon equity-linked notes due September 24, 2027 linked to the common stock of NVIDIA Corporation. Each note has a $1,000 face amount and pays a contingent monthly coupon of $9.042 (0.9042% monthly, up to approximately 10.85% per annum) when the underlier’s closing level on the relevant observation date is at or above the coupon trigger level.

The notes are automatically called, returning $1,000 per note plus any due coupon, if on any call observation date from February 22, 2027 the underlier closes at or above its initial level. At maturity, if not called, investors receive $1,000 per note if the final underlier level is at or above the trigger buffer level, set at 61% of the initial underlier level. If the final level is below this buffer, principal is reduced one-for-one with the underlier return, down to a possible total loss of invested principal.

The notes do not participate in upside above par and offer no dividends or shareholder rights in NVIDIA. They are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor, and are not listed; secondary market liquidity and pricing are uncertain. The estimated value at pricing is disclosed as being lower than the original issue price, and the U.S. federal income tax treatment is uncertain, with Sidley Austin LLP viewing the notes as income-bearing prepaid derivative contracts.

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 GS Finance Corp, is offering index-linked notes due August 17, 2027, under its Medium-Term Notes, Series F program, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes are linked to the Nasdaq-100 Index® and the S&P 500® Index and are issued in $1,000 face amounts.

At maturity, you receive a cash amount per $1,000 equal to: if the final level of each index is above its initial level, $1,000 plus $1,000 multiplied by the lower of the two index returns, capped at a maximum settlement amount of $1,073; if either index is at or below its initial level, you receive only the $1,000 face amount. The notes pay no periodic interest and provide no upside above a 7.3% total return over one year.

The notes are unsecured obligations of GS Finance Corp, subject to the credit risk of both the issuer and The Goldman Sachs Group, Inc. They will not be listed on an exchange, and GS&Co. is not obligated to make a market, so liquidity and resale prices are uncertain. The estimated value at pricing, based on GS&Co.’s internal models, will be less than the 100% original issue price, reflecting underwriting discounts, hedging and structuring costs.

Goldman Sachs Group Inc. (GS), through GS Finance Corp., is offering equity-linked notes tied to an equally weighted basket of 11 large-cap technology and infrastructure stocks, including AMD, Alphabet, Amazon, Broadcom, Dell, Microsoft and others. The notes pay no interest and have an initial basket level of 100, with each stock initially weighted at approximately 9.091%.

The notes may be automatically called on the call observation date, expected September 6, 2027, if the basket level is at or above 100, paying $1,165.5 per $1,000 face amount on the call payment date. If not called, at maturity (expected August 31, 2029) investors receive: enhanced upside at a 150% participation rate for positive basket returns; a symmetric positive payoff when the basket is down up to 30% (via the absolute basket return); and full 1:1 downside beyond a 30% drop, with principal losses below the 70% trigger buffer level, potentially to zero.

The estimated value on the trade date is expected between $890 and $920 per $1,000 face amount, reflecting structuring and underwriting costs. Payments are subject to the credit risk of GS Finance Corp. as issuer and The Goldman Sachs Group, Inc. as guarantor, and investors do not receive dividends or shareholder rights in the basket stocks.