The Goldman Sachs Group, Inc. files regulatory documents that cover operating results, material events, capital structure and corporate governance. Its 8-K filings document earnings releases, Regulation FD disclosures, debt and subordinated debt issuances under shelf registration statements, and changes involving directors or executive officers.
The filing record also identifies Goldman Sachs’ NYSE-listed common stock, preferred depositary shares, capital securities and medium-term notes issued by GS Finance Corp. Proxy materials disclose annual meeting matters, board governance, executive compensation and shareholder voting items, while registration-related exhibits document securities offerings and related terms.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering callable notes linked to the S&P 500® Futures Excess Return Index, maturing in December 2030. The notes pay no interest and are unsecured obligations subject to the credit risk of both the issuer and guarantor.
The payoff depends on index performance from the expected trade date in December 2025 to a determination date in December 2030. If the final index level is above the initial level, investors receive principal plus 1.7× the positive index return. If the final level is between 80% and 100% of the initial level, investors receive only their principal. Below 80%, principal is reduced so investors can lose a substantial portion of their investment.
Goldman may call the notes monthly from December 2026 to November 2030 at 100% of face amount plus a preset call premium. The estimated value at pricing is expected to be between $850 and $890 per $1,000 face amount, reflecting fees, hedging costs and model-based pricing.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing $4,075,000 of auto-callable “Jump Securities” linked to the worst performer of three ETFs: XLE, XLV and XBI, maturing November 26, 2031. The notes pay no coupons but can be automatically called on scheduled observation dates if each ETF is at or above its initial price, returning principal plus a fixed call premium.
If the notes are never called and, on the valuation date, each ETF is at or above its initial level, holders receive $1,000 plus a 117.60% maturity premium per $1,000. If any ETF finishes below its initial price, repayment is $1,000 times the worst ETF’s performance factor, so investors lose 1% of principal for every 1% decline and can lose their entire investment. Returns are capped, investors do not receive ETF dividends, the estimated value at pricing is $922 per $1,000, and the notes carry issuer and guarantor credit risk with no exchange listing.
GS Finance Corp., guaranteed by The Goldman Sachs Group, is offering S&P 500® Futures Excess Return Index-linked notes due November 26, 2030. The notes do not pay interest and are unsecured obligations whose value at maturity depends on the index level on the November 21, 2030 determination date.
The initial index level is 539.99. If the index return is zero or positive, investors receive the greater of a $1,385 threshold settlement amount or $1,000 plus the index return on each $1,000 face amount. If the index return is negative but not below -30% (final level at or above 70% of initial), investors receive $1,000 plus the absolute index return, providing upside on moderate declines.
If the final index level falls more than 30% below the initial level, repayment is reduced one-for-one with the index return and investors can lose their entire principal. The estimated value at pricing is about $916 per $1,000, reflecting a 4.125% underwriting discount and issuance costs. The notes are exposed to index volatility, futures roll and financing effects, limited liquidity, complex tax treatment and the credit risk of both GS Finance Corp. and its parent guarantor.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $1,000-face-value market-linked notes tied to the Vanguard FTSE Emerging Markets ETF (VWO), maturing on November 30, 2028. The notes pay no interest or dividends and are designed to be held to maturity.
The notes can be automatically called on December 2, 2026 if the ETF’s closing price is at or above the starting price, paying $1,000 plus a call premium of at least 11.6%. If not called, at maturity holders get: 150% of any ETF gain above the starting price; full principal back if the ETF loss is within a 15% buffer; or a dollar‑for‑dollar loss beyond that buffer, up to an 85% loss of principal. All payments depend on the credit of GS Finance Corp. and Goldman Sachs. The estimated initial value is $925–$955 per $1,000, below the issue price.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing semiconductor-linked structured notes with an aggregate face amount of $1,278,000. The notes mature on August 28, 2028 and can be redeemed by the issuer at par plus any due coupon on quarterly payment dates from May 2026 through May 2028.
Returns depend on the VanEck Semiconductor ETF (SMH), not its underlying index. Each $1,000 note may pay a conditional quarterly coupon of $23.125 (2.3125% per quarter, up to 9.25% per year) if SMH is at or above 80% of the initial level of $326.13 on the relevant observation date; otherwise no coupon is paid.
If the notes are not called, at maturity investors receive $1,000 per note as long as SMH is at or above 80% of its initial level, plus any final coupon. If SMH is below that buffer, principal is reduced on a leveraged basis and investors can lose a substantial portion of their investment. The estimated value is approximately $943 per $1,000, below the 100% issue price, and payments are subject to the credit risk of GS Finance Corp. and the guarantor.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable, principal-at-risk notes linked to the iShares® Bitcoin Trust ETF (ticker IBIT), maturing on January 4, 2028.
The notes may be automatically called on the December 23, 2026 call observation date, paying at least $1,300.50 per $1,000 if the ETF closes at or above its initial price; no further payments occur after an automatic call. If not called, investors receive 150.00% of any positive ETF performance at maturity, a positive “dual directional” return for ETF declines of up to 25.00%, or a 1‑for‑1 loss of principal if the ETF falls below 75.00% of its initial level.
The notes pay no interest, have an estimated initial value of $900–$960 per $1,000, and are unsecured, unsubordinated obligations subject to the credit risk of GS Finance Corp. and its guarantor. They concentrate exposure in bitcoin via IBIT, which carries significant volatility, regulatory, custody, market manipulation and tax risks detailed in extensive risk factors.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering structured notes linked to the S&P 500® Index, Tesla, Inc. and NVIDIA Corporation. The notes have a $1,000 face amount and are expected to mature on November 30, 2028, but can be automatically called quarterly from May 2026 if all three underliers are at or above their initial levels.
Investors may receive a fixed coupon of $14.375 per $1,000 (1.4375% monthly, up to 17.25% per year) for any month in which each underlier is at least 60% of its initial level; otherwise the coupon for that month is zero. If the notes are not called and all underliers are below their initial levels on the final observation date, principal repayment depends on the worst performer. If any underlier finishes below 50% of its initial level, repayment is reduced in line with that underlier’s loss and investors can lose most or all of their principal.
The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor. The estimated value on the trade date is expected to be $925–$955 per $1,000, reflecting structuring and distribution costs and GS&Co. pricing models.
GS Finance Corp., guaranteed by The Goldman Sachs Group, is offering leveraged, callable notes linked to the S&P 500® Futures Excess Return Index. The notes pay no interest and are expected to mature in late 2031, unless Goldman redeems them early on specified monthly call dates starting in late 2026 for par plus a preset call premium.
If the index level at maturity is above its initial level, holders receive principal plus 1.25× the index gain; if the index is flat or down, repayment is limited to principal only. The index tracks E-mini S&P 500® futures, whose returns can differ from the cash S&P 500® Index and may be reduced over time by financing costs and negative roll yield.
The notes are unsecured obligations of GS Finance Corp., guaranteed by Goldman Sachs, and carry full issuer and guarantor credit risk. Goldman discloses an estimated fair value of about $850–$890 per $1,000 face amount at pricing, below issue price, and highlights limited liquidity, call risk, complex tax treatment as contingent payment debt instruments, and multiple market and futures-specific risks.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $5,000,000 of Trigger Callable Contingent Yield Notes due 2030 linked to the least performing of the S&P 500, Russell 2000 and EURO STOXX 50 indices. The notes pay a contingent coupon of $0.2125 per $10 (up to 8.50% per year) on quarterly dates only if all three indices are at or above 70% of their initial levels.
Goldman can redeem the notes at its option on any quarterly coupon date from February 2026 through August 2030 at face amount plus any due coupon. If not called, principal is protected at maturity only if each index is at or above 50% of its initial level; otherwise, repayment is reduced one-for-one with the decline of the worst index and investors can lose their entire investment. The estimated value at pricing is about $9.78 per $10, below the $10 issue price, reflecting fees, costs and model assumptions. All payments depend on the credit of GS Finance Corp. and Goldman Sachs.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $10 face value Trigger Autocallable Contingent Yield Notes linked to the Russell 2000® and S&P 500® indices. Investors may receive quarterly contingent coupons between $0.185 and $0.195 per $10 (up to about 7.40%–7.80% per annum) only if, on each observation date, both indices close at or above a coupon barrier set at 70% of their initial levels.
Starting in May 2026, the notes are automatically called if both indices are at or above their initial levels, returning the $10 face amount plus the coupon, with no further payments. If not called, and on the final date both indices are at or above the same 70% downside thresholds, holders receive $10 plus the final coupon; otherwise repayment is reduced one-for-one with the decline of the weaker index and can fall to $0. The estimated value at pricing is expected to be $9.50–$9.80 per $10, below the issue price, and all payments are subject to the credit risk of GS Finance Corp. and its parent guarantor.