GOLDMAN SACHS GROUP INC (GS) SEC Filings, Aug 11, 2026

GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is issuing Medium-Term Notes, Series F with an aggregate face amount of $11,912,000. The notes pay a contingent quarterly coupon of $25.375 per $1,000 (2.5375% quarterly, up to 10.15% per annum) if on each coupon observation date the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index are all at or above 75% of their respective initial levels.

The notes may be automatically called on specified dates starting August 9, 2027 if all three indices are at or above their initial levels, in which case investors receive $1,000 per note plus the due coupon. If not called, at maturity on August 12, 2032 the cash settlement per $1,000 depends on the lesser performing underlier: full principal is returned if its final level is at or above 75% of its initial level, otherwise repayment equals $1,000 plus $1,000 times that index’s return, which can result in a total loss of principal.

The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor, will not be listed, and may have limited secondary market liquidity. Tax disclosure describes treatment as an income-bearing pre-paid derivative contract, with coupon payments likely taxed as ordinary income and potential FATCA and withholding implications for non-U.S. holders.

GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., offers contingent income auto-callable yield notes linked to the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, with an aggregate face amount of $1,587,000 and scheduled maturity on February 10, 2028, subject to automatic call.

Investors receive a contingent monthly coupon of $9.292 per $1,000 (0.9292% monthly, up to approximately 11.15% per year) only if on each observation date all three indices are at or above 65% of their initial levels; otherwise no coupon is paid. The notes are automatically called if on a call observation date all indices are at or above their initial levels, returning principal plus the coupon then due.

If the notes are not called and on the determination date the worst-performing index is at or above 65% of its initial level, holders receive full principal. If the worst index finishes below 65%, repayment is reduced one-for-one with that index’s decline, potentially to zero. The payoff depends solely on the worst performer, and investors bear the unsecured credit risk of GS Finance Corp. and the guarantor, with limited liquidity and potentially significant price volatility during the term.

GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., is offering $7,549,000 of Medium‑Term Notes, Series F, auto‑callable and linked to the Goldman Sachs Momentum Builder® Focus ER Index. The notes are issued at 100% of face amount with a 4.25% underwriting discount (net proceeds 95.75% of face).

The notes may be automatically called annually from 2027 to 2033 if the index closes at or above rising call levels, paying $1,000 plus a call premium of up to 82.25% per $1,000. If not called, at maturity in August 2034 investors receive $1,000 plus 100% of index gains; if the final index level is at or below the initial level, they receive only the face amount. The initial index level is 114.33. The index employs daily rebalancing, 5% volatility control and a momentum risk control feature, with a 0.65% per annum deduction and excess‑return structure that can allocate heavily to hypothetical cash positions.

The issuer’s estimated value on the trade date is $894 per $1,000, below the issue price, reflecting fees and hedging costs, including an additional amount of $63.5 amortizing to zero by November 6, 2026. The notes pay no periodic interest, are subject to the credit risk of GS Finance Corp. and the guarantor, and are treated as contingent payment debt instruments for U.S. tax purposes.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable, no-coupon notes linked to an equally weighted basket of six NASDAQ-listed stocks (Alphabet, AppLovin, Fastenal, Micron, Microsoft and NVIDIA). The basket has an initial level of 100 and each stock carries an initial weighting of about 16.667%.

The notes may be automatically called on eight observation dates from August 9, 2027 through May 7, 2029 if the basket level is at or above the initial level, paying per $1,000 face amount $1,000 plus a call premium that starts at 19.75% and rises to 54.3125%. If not called, at maturity on August 10, 2029, investors receive: $1,592.5 per $1,000 if the basket is at or above its initial level; $1,000 if the basket is below the initial level but at or above the 75% trigger buffer; or $1,000 + $1,000 × basket return if the basket is below the trigger, resulting in losses matching the negative basket return and potentially a full loss of principal.

The aggregate face amount on the original issue date is $1,583,000, in $1,000 denominations, with an issue price of 100%, underwriting discount of 1.2% and net proceeds of 98.8% of face. The estimated value is approximately $959 per $1,000 at pricing, reflecting structuring costs and dealer compensation. Payments depend on the basket’s performance and are subject to the unsecured credit risk of GS Finance Corp. and the guarantor.

GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering Medium-Term Notes, Series F with an aggregate face amount of $1,000,000, issued at 100% of face with a 0.5% underwriting discount. The notes are linked to three underliers: the Nasdaq-100 Technology Sector Index (initial level 17,316.43), the Russell 2000 Index (initial level 3,034.494) and the VanEck Semiconductor ETF (initial level $582.70).

Investors receive a contingent monthly coupon of $16.792 per $1,000 face amount (1.6792% monthly, up to approximately 20.15% per annum) only if on the observation date the closing level of each underlier is at or above 60% of its initial level (the coupon trigger level). The same 60% level is the trigger buffer for principal protection at maturity.

The notes are automatically called if on any call observation date (starting February 8, 2027) each underlier is at or above its initial level, paying $1,000 per note plus any due coupon. If the notes are not called, at maturity on August 12, 2032 investors receive $1,000 per note if every underlier’s final level is at or above 60% of its initial level; otherwise, the payoff equals $1,000 plus $1,000 times the lesser performing underlier return, which can reduce principal down to zero.

The disclosure emphasizes that investors may lose their entire investment, may receive few or no coupons, face credit risk of the issuer and guarantor, significant market and liquidity risk, sector concentration risks in technology and semiconductors, foreign market and currency risks, and uncertain U.S. federal income tax treatment, including potential application of constructive ownership rules.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering index-linked notes due August 19, 2031 tied to the Goldman Sachs Momentum Builder® Focus ER Index. For each $1,000 face amount at maturity, investors receive either $1,000 or a leveraged gain based on index performance.

If the final index level exceeds the initial level, the payoff equals $1,000 plus 750% of the index return, providing 7.5x leveraged upside. If the index is flat or declines, investors receive only the $1,000 face amount, with no additional return. The notes pay no periodic interest and are exposed to the credit risk of both GS Finance Corp. and the guarantor.

The underlying index is a complex, rules-based strategy that rebalances daily among equity, bond, commodity and cash exposures, with a 5% volatility control and a momentum risk control overlay. The index is calculated on an excess return basis over the federal funds rate and is subject to a 0.65% per annum deduction, and it can allocate a very large portion to cash-like positions, which may materially limit upside. For U.S. tax purposes, the notes are treated as contingent payment debt instruments, requiring accrual of ordinary income over the term based on a comparable yield even though cash is only received at maturity.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $10,619,000 of Contingent Income Auto-Callable Securities with Memory Coupon linked to the common stock of Palo Alto Networks, Inc. The notes mature on August 10, 2029, unless automatically called earlier.

For each $1,000 note, investors may receive contingent quarterly coupons based on a formula using $43.75 per elapsed observation date, but only when the stock’s closing price on the relevant observation date is at or above the downside threshold price of $181.93, which is 50.00% of the initial share price of $363.86. Missed coupons may be paid later under the memory coupon feature.

If on any call observation date the stock closes at or above the initial share price, the notes are automatically called and repay $1,000 plus the applicable coupon, with no further payments. If the notes are not called and the final share price is below the downside threshold, principal repayment is reduced 1-to-1 with the stock decline, potentially to zero. The estimated value is approximately $974 per note, below the issue price, and investors are exposed to the unsecured credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

The Goldman Sachs Group, Inc. reports amendments to its charter related to preferred stock. On August 11, 2026, the company filed a Certificate of Elimination with Delaware authorities to remove all matters relating to its 3.65% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series U, from its Restated Certificate of Incorporation, after all outstanding Series U shares were redeemed on August 10, 2026.

The company also filed a Restated Certificate of Incorporation on August 11, 2026 that reflects the terms of its 6.500% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series AA, as set forth in a Certificate of Designations, and the elimination of the Series U Preferred Stock. Related charter documents are filed as exhibits.

GS Finance Corp. is issuing $1,252,000 of Medium-Term Notes, Series F, linked to the S&P 500 Futures Excess Return Index, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and are cash-settled at maturity on August 10, 2029, based on index performance from the August 7, 2026 trade date to the August 7, 2029 determination date.

For each $1,000 note, if the final underlier level is at or above the initial level of 619.15, the payoff is $1,000 plus 143% of the underlier return. If the index falls but remains at or above the 80% buffer level (a 20% decline), the payoff increases by the absolute underlier return, providing up to 20% downside cushion. Below the buffer level, investors lose 1% of face value for each 1% decline beyond the buffer, and could lose a substantial portion of principal.

The original issue price is 100% of face amount, including a 0.75% underwriting discount, for net proceeds of 99.25% to the issuer. Key risks include the credit risk of GS Finance Corp. and its parent, the possibility of large losses if the futures-based underlier declines, potential illiquidity, sensitivity to interest rates and volatility, and uncertain U.S. tax treatment as a pre-paid derivative contract.