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 $4,043,000 of contingent income auto-callable notes linked to a common share of Carnival Corporation Ltd. The notes pay a monthly coupon of $12.25 per $1,000 (1.225%, up to 14.70% per annum) only if, on each observation date, the Carnival share closes at or above the coupon trigger level of 57% of the $28.79 initial level; otherwise the coupon is zero.
The notes may be automatically called on specified dates if the share closes at or above the initial level, returning $1,000 per note plus the coupon then due. If not called, at maturity on September 10, 2027, investors receive $1,000 per note if the final share level is at or above the 57% trigger buffer; below that, principal is reduced one-for-one with the share’s decline, potentially to zero, so investors could lose their entire investment. The issue price is 100% of face, with a 2.15% underwriting discount and net proceeds of 97.85%, and the notes are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., and to secondary-market and tax risks described in the risk factors.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering equity-linked notes whose return depends on the common stock of Advanced Micro Devices, Inc. and NVIDIA Corporation. The notes pay no interest and may be automatically called quarterly starting on August 23, 2027 if on a call observation date both stocks close at or above their initial index stock prices. On a call, holders receive $1,000 plus a call premium (from 28.8% on the first call date up to 136.8% on the last) per $1,000 face amount.
If not called, the maturity payment on the expected August 19, 2031 stated maturity date depends on the lesser performing stock. If both final prices are at or above initial prices, investors receive a capped maximum settlement of $2,440 per $1,000 face amount. If any final price is below its initial price but both remain at or above 65% of initial (a 35% buffer), the payoff equals $1,000 plus the absolute return of the lesser performer. If any final price is below 65% of initial, principal is reduced dollar-for-dollar beyond the 35% buffer, and investors can lose a substantial portion of principal.
The estimated value on the trade date is expected to be between $885 and $925 per $1,000 note, reflecting dealer costs and margins. Payments are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., and the notes are characterized for U.S. tax purposes as pre-paid derivative contracts on the reference stocks.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $4,128,000 of Autocallable Leveraged Buffered Notes linked to the iShares Semiconductor ETF. The notes pay no interest and are scheduled to mature on August 10, 2028, subject to an automatic call feature.
The notes are automatically called on August 19, 2027 if SOXX’s closing level is at least the initial level of $532.52, paying $1,250 per $1,000 face amount. If not called, the maturity payoff depends on the arithmetic-average ETF level on five August 2028 dates: investors receive leveraged upside at a 176.5% participation rate when the final level exceeds the initial level; full principal back if the decline is up to 35%; and amplified downside beyond a 65% buffer level, losing about 1.5385% of principal for each additional 1% drop, with the possibility of total loss.
The original issue price is 100% of face, including a 1.5% underwriting discount, with net proceeds of 98.5%. The bank’s estimated value at pricing is about $972 per $1,000, below issue price. Payments are unsecured obligations subject to the credit risk of GS Finance Corp. and its guarantor, and the notes will not be listed on any exchange.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering Autocallable Equity-Linked Notes due 2029 linked to the common stock of NVIDIA, Palantir Technologies and Tesla. The notes have a $1,000 face amount and pay no interest.
On the August 11, 2027 call observation date, if each stock’s closing level is at or above its initial level, the notes are automatically called and pay $1,171 per $1,000 on the August 16, 2027 call payment date. If not called, the August 16, 2029 maturity payment equals at least $1,000 and up to $1,000 + 100% of the gain of the lesser performing stock.
Returns depend on the worst-performing underlier, the issuer’s and guarantor’s credit, and secondary market conditions. The estimated value at pricing is less than the issue price, and the notes are treated as contingent payment debt instruments for U.S. tax purposes.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $2,650,000 in Autocallable Buffered S&P 500® Index-Linked Notes due August 9, 2028. The notes pay no interest and are issued at 100% of face amount, with net proceeds of 98.5% after a 1.5% underwriting discount.
The notes may be automatically called on August 16, 2027 if the S&P 500® closing level is at or above the initial level of 7,709.96, paying $1,088.5 per $1,000 on August 18, 2027. If not called, at maturity investors receive: the greater of $1,177 or full upside participation if the index is at or above the initial level; full principal back for index declines of up to 10%; and a leveraged loss of approximately 1.1111% of principal for each 1% decline beyond the 10% buffer, down to total loss.
The estimated value at pricing is about $974 per $1,000 face amount, below issue price, reflecting structuring costs and dealer margin. Payments depend on the S&P 500® level only on the call observation and determination dates and are subject to the credit risk of GS Finance Corp. and its guarantor.
GS Finance Corp. is issuing $1,000,000 aggregate face amount of autocallable buffered notes linked to the iShares Semiconductor ETF, guaranteed by The Goldman Sachs Group, Inc. The notes are issued at 100% of face but have an estimated value of about $988 per $1,000.
The notes pay no interest and mature on August 10, 2028, unless automatically called on August 18, 2027 if SOXX is at or above the initial level of $530.70, triggering a call payment of $1,389 per $1,000. If not called, maturity payment depends on ETF performance: full upside at a 100% participation rate, return of principal down to a 20% decline, and losses at 1.25x beyond that buffer, potentially up to a total loss of principal.
The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., are not bank deposits, and are not insured by the FDIC or any governmental agency.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering medium-term notes linked to the common stock of Corning Incorporated, Generac Holdings Inc. and Occidental Petroleum Corporation. The notes are scheduled to mature on August 15, 2028, unless automatically called beginning in February 2027.
Investors may receive quarterly contingent coupons of at least $67.5 per $1,000 face amount (at least 6.75% quarterly, up to at least 27% per annum) only if on each observation date all three stocks close at or above 50% of their initial prices. The notes are automatically called, returning face amount plus the then-accrued coupon, if on any call observation date all three stocks are at or above their initial prices.
If not called, at maturity holders receive $1,000 plus a final coupon if the worst-performing stock is at or above 50% of its initial price; otherwise repayment of principal is reduced one-for-one with the worst stock’s negative return and investors can lose up to 100% of principal and all coupons. The notes’ estimated value at pricing is $925–$955 per $1,000, below the 100% issue price, and payments are subject to the credit risk of GS Finance Corp. and its guarantor.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering buffered digital equity-linked notes due September 9, 2027 linked to the Class A common stock of Coinbase Global, Inc. (COIN). Each note has a $1,000 face amount and pays no interest.
At maturity, if the final COIN level on the September 7, 2027 determination date is at or above the 50% buffer level of the initial level of $153.60, investors receive the maximum settlement amount of $1,192 per $1,000, capping upside. If the final level is below the buffer, the payoff is reduced by 2% of face for every 1% COIN falls below the buffer, with losses up to 100% of principal.
The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor. Market value before maturity can be affected by COIN’s price and volatility, interest rates, and issuer credit spreads. Tax treatment is uncertain; counsel views the notes as a pre-paid derivative contract, but the IRS could assert a different treatment.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering leveraged, callable notes linked to the S&P 500® Futures Excess Return Index, maturing on a stated date expected to be September 5, 2031. The notes pay no interest and may be redeemed early at the issuer’s option on specified monthly call payment dates, at 100% of face amount plus a call premium that starts at 20.0004% in September 2027 and rises to 98.3353% by August 2021.
If not called, the cash paid at maturity per $1,000 face amount depends on index performance from the August 31, 2026 trade date to the September 2, 2031 determination date. If the final index level is at or above the initial level, the payoff equals $1,000 plus 2.275 times the index return. If the final level is between 60% and 100% of the initial level, investors receive $1,000 plus the absolute index return. Below 60% of the initial level, investors participate fully in losses and can lose their entire principal. The estimated value at pricing is expected between $885 and $935 per $1,000, and all payments are subject to the credit risk of GS Finance Corp. and its guarantor.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering $250,000 aggregate face amount of Medium-Term Notes, Series F, linked to the common stock of NVIDIA Corporation. The notes pay contingent monthly coupons only if, on each coupon observation date, the NVIDIA share price is at or above the coupon trigger level, set at 60% of the $218.99 initial underlier level. The same 60% level functions as a trigger buffer level for principal.
The notes are subject to an automatic call feature: if on any call observation date the NVIDIA price is at or above the initial level, the notes are redeemed at $1,000 per face amount plus the applicable coupon, ending the investment early. If the notes are not called and at maturity the final underlier level is below the trigger buffer level, principal is exposed one-for-one to downside via the underlier return, and investors can lose their entire investment.
The original issue price is 100% of face, including a 1.85% underwriting discount (with up to 1.75% selling concession and 0.1% structuring fee), yielding net proceeds of 98.15% to the issuer. The notes carry credit risk of GS Finance Corp. and the guarantor, may lack a liquid secondary market, have an estimated value below issue price, and involve uncertain U.S. tax treatment as income-bearing prepaid derivative contracts.