Welcome to our dedicated page for Goldman Sachs Group SEC filings (Ticker: GS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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 Nasdaq-100 Index® and Russell 2000® Index-linked notes with an aggregate face amount of $1,004,000 under its Medium-Term Notes, Series F program.
The notes pay no interest and may be automatically called semi-annually if each index is at or above its initial level, returning principal plus a fixed call premium (from 9.1% up to 22.75% of face amount). If held to maturity and not called, investors receive enhanced upside at a 150% participation rate based on the lesser-performing index, full principal back if that index stays at or above 85% of its initial level, and losses if it falls below that buffer.
The underwriting discount is 3.03% of face amount, so net proceeds to the issuer are 96.97% of face. Key risks highlighted include potential loss of a substantial portion of principal, no interest income, reliance on the credit of GS Finance Corp. and The Goldman Sachs Group, Inc., limited or no secondary market, structural complexity, foreign securities exposure through the indices, and uncertain U.S. federal tax treatment.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering Nasdaq-100, Russell 2000 and S&P 500 linked notes with an aggregate face amount of $2,815,000 under its Medium-Term Notes, Series F program.
The notes pay a contingent monthly coupon of $7.5 per $1,000 face amount (0.75% monthly, up to 9.00% per year) only if on each observation date all three indices are at or above 60% of their initial levels. If any index is below this coupon trigger on a given date, no coupon is paid for that month.
The notes can be automatically called on any call observation date from May 21, 2026 through October 23, 2028 if each index is at or above its initial level, in which case investors receive $1,000 per note plus the due coupon. If not called, at maturity on November 27, 2028 investors receive $1,000 per note if the worst-performing index is at or above 60% of its initial level; otherwise repayment is reduced one-for-one with the worst index’s loss, and investors can lose their entire principal.
Risk factors highlight that the notes depend on GS Finance Corp. and Goldman Sachs credit, may pay few or no coupons, can be highly sensitive to small index moves around the 60% buffer, may trade below issue price, and have an estimated value below the original issue price of 100% of face amount.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $2,648,000 of index-linked notes maturing on November 26, 2027. These notes pay no interest and the amount repaid at maturity depends on the worst performer among the Nasdaq-100, S&P 500 and Russell 2000 indices between November 21, 2025 and the determination date.
If all three indices finish at or above their initial levels, holders receive a capped payment of $1,169 per $1,000 face amount (about 16.9% total gain). If any index is below its initial level but all remain at or above 70% of their initial levels, investors simply receive their $1,000 principal. If any index falls below 70% of its initial level, repayment is reduced one‑for‑one beyond a 30% buffer based on the worst index, and investors can lose a substantial portion of principal. The issuer’s estimated value at pricing is about $962 per $1,000, below issue price, reflecting fees and structuring costs.
GS Finance Corp, guaranteed by The Goldman Sachs Group, Inc., is offering market-linked notes due December 29, 2028 tied to the lowest performer of the VanEck Gold Miners ETF and the iShares® Silver Trust. Each $1,000 note pays a contingent quarterly coupon of at least $36.25 (at least 14.50% per annum) only if, on the relevant calculation day, the lowest-performing ETF is at or above 70% of its starting price.
Starting in June 2026, the notes are auto-callable quarterly if the lowest-performing ETF is at or above its starting price, returning the $1,000 face amount plus that quarter’s coupon. If the notes are not called and, on the final calculation day, the lowest-performing ETF is below 70% of its starting level, investors lose principal in full proportion to the decline and can lose their entire investment.
The notes do not participate in any upside of the ETFs and pay no dividends. They are unsecured obligations subject to the credit risk of GS Finance Corp and The Goldman Sachs Group, Inc. The estimated value on the pricing date is expected to be $925–$955 per $1,000, less than the $1,000 offering price.
GS Finance Corp. (GS) is offering $2,000,000 of three-year, index-linked notes tied to the Nasdaq-100, Russell 2000 and S&P 500. Investors receive a contingent monthly coupon of $10.625 per $1,000 face amount (1.0625% monthly, up to 12.75% per year) only when each index closes at or above 70% of its initial level on the observation date.
The notes are automatically called if, on any call observation date, all three indices are at or above their initial levels; in that case, investors receive $1,000 per note plus the due coupon, ending the investment early.
If the notes are not called, repayment at maturity depends solely on the worst-performing index. If its final level is at least 70% of its initial level, investors receive full principal. If it finishes below 70%, principal is reduced in line with that index’s loss, and investors could lose their entire investment. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., and involve complex tax and market risks.
The Goldman Sachs Group, Inc. is offering callable fixed rate notes due 2035 under its Medium-Term Notes, Series N program. The notes are expected to pay interest at a fixed rate of 4.90% per annum from the original issue date, expected to be December 16, 2025, until the expected stated maturity date of November 30, 2035. Interest is expected to be paid annually on each December 16 and on the stated maturity date, with the first interest payment expected on December 16, 2026.
Goldman Sachs may redeem the notes at its option, in whole but not in part, on specified quarterly redemption dates starting on June 16, 2027, at 100% of the outstanding principal amount plus accrued and unpaid interest. The notes will be issued in book-entry form through DTC and are not bank deposits, are not insured by the FDIC or any governmental agency, and have no sinking fund. The distribution is led by Goldman Sachs & Co. LLC and InspereX LLC, with sales subject to various selling restrictions in the EEA, UK, Hong Kong, Singapore, Japan and Switzerland.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering two separate series of buffered index-linked notes with a combined face amount of $5,331,000. One $699,000 note is linked to the EURO STOXX 50® Index and one $4,632,000 note is linked to the S&P 500® Futures Excess Return Index.
The notes pay no interest and mature on November 26, 2030. At maturity, for each $1,000 face amount, holders receive upside exposure if the linked index finishes above its initial level, with a 135% participation rate for the EURO STOXX 50® note and 149% for the S&P 500® futures note. Principal is protected only down to a 75% buffer level on the EURO STOXX 50® note and 80% on the S&P 500® futures note; below those levels, losses match index declines beyond the buffer and can be substantial.
The original issue price is 100% of face amount, with a 4.125% underwriting discount and 95.875% net proceeds to the issuer. The estimated values at pricing are $940 and $929 per $1,000, reflecting upfront costs and model-based pricing. Repayment is subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., and the notes are unsecured, not FDIC insured and will not be listed on any exchange.
GS Finance Corp., guaranteed by The Goldman Sachs Group, is offering up to $3,125,000 of structured notes linked to the Class A common stock of The Trade Desk, Inc. The notes mature on November 26, 2027, unless redeemed early by the issuer at 100% of face amount plus any coupon, on monthly payment dates from May 2026 through October 2027.
For each $1,000 note, investors may receive a contingent monthly coupon of $22.50 (2.25%, up to 27% per year) if The Trade Desk’s share price on the observation date is at least 60% of the $39.65 initial price; otherwise the coupon is zero. At maturity, if the final stock price is at least 60% of the initial price, principal is repaid in full plus any final coupon. If the final price is between 50% and 60%, principal is repaid but no final coupon is paid. If the final price is below 50%, repayment is reduced one-for-one with the stock’s loss, and as little as 0% of face value may be returned.
The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, and carry full issuer and guarantor credit risk. The estimated value on the trade date is approximately $971 per $1,000 face amount, below the issue price due to structuring and selling costs.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering $1,287,000 of buffered index-linked notes in two tranches tied to major U.S. equity indices. One note references the S&P 500® Index with a $738,000 aggregate face amount, 100% upside participation, a 15% downside buffer (buffer level 85% of the initial level 6,602.99) and a cap that limits the maximum payment to $1,490 per $1,000 at maturity. The second note references the Russell 2000® Index with a $549,000 face amount, 100% upside participation, the same 15% buffer (buffer level 85% of the initial level 2,369.587) and a higher cap of $1,621.5 per $1,000.
The notes pay no interest and return at least principal only if the final index level on the November 21, 2030 determination date is at or above the 85% buffer; below that, losses mirror index declines beyond the 15% buffer, so holders can lose a substantial portion of principal. Maturity is scheduled for November 26, 2030. The initial issue price is 100% of face, with a 4.125% underwriting discount and net proceeds of 95.875% to the issuer. Estimated values are $931 and $923 per $1,000, reflecting structuring and distribution costs, and secondary market liquidity and pricing are not assured. The notes are unsecured obligations of GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., and are intended to be treated as pre-paid derivative contracts for U.S. federal income tax purposes.
The Goldman Sachs Group, Inc. is offering callable fixed rate notes due 2055 as part of its Medium-Term Notes, Series N. The notes are expected to pay fixed interest of 5.45% per annum from the original issue date, expected to be December 16, 2025, to the stated maturity date, expected to be December 16, 2055. Interest is expected to be paid once a year on December 16, with the first payment expected on December 16, 2026.
Goldman Sachs may, at its option, redeem the notes early, in whole but not in part, on each March 16, June 16, September 16 and December 16 on or after December 16, 2030, at 100% of the outstanding principal amount plus accrued and unpaid interest to but excluding the redemption date. The notes will be issued in book-entry form through DTC and will not benefit from any sinking fund. They are unsecured obligations of The Goldman Sachs Group, Inc., are not bank deposits, and are not insured by the FDIC or any governmental agency.