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 callable S&P 500® index-linked notes that do not pay interest and are scheduled to mature in January 2032 unless redeemed early.
Each note has a $1,000 face amount. If Goldman chooses to call the notes on any monthly call date from February 2027 through December 2031, investors receive $1,000 plus a preset call premium (starting at at least 7.2504% and rising over time). If the notes are not called, the maturity payout depends on the S&P 500® Index performance from the trade date to the determination date.
At maturity, if the index is above its initial level, investors receive $1,000 plus 100% of the index gain; if the index is at or below the initial level, they receive $1,000. The notes are unsecured obligations subject to the credit risk of both GS Finance Corp. and The Goldman Sachs Group, Inc. The estimated value on the trade date is expected to be $885–$925 per $1,000, reflecting embedded fees, and the notes are treated as contingent payment debt instruments for U.S. tax purposes, which can require taxable income accruals before any cash is received.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering callable contingent coupon notes linked to the S&P 500® Index and maturing in 2031. The notes can pay a quarterly coupon of at least $16.5 per $1,000 face amount (at least 1.65% quarterly, or up to at least 6.6% per year) for any quarter in which the index closes at or above 70% of its initial level on the related observation date.
If the notes are not called and the final index level on the determination date is at or above the 70% trigger buffer level, investors receive back the full $1,000 per note plus any final coupon. If the final level is below 70%, repayment is reduced one-for-one with the index decline, and investors can lose their entire principal.
The issuer may redeem the notes in whole on any coupon payment date from February 2027 through November 2030 at $1,000 per note plus any due coupon. The notes are unsecured obligations subject to the credit risk of both GS Finance Corp. and The Goldman Sachs Group, Inc., and their estimated value at pricing is less than the original issue price.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering underlier-linked notes due 2029 as part of its Medium-Term Notes, Series F program. The notes’ payoff depends on the “lesser performing” of two references: the EURO STOXX 50® Index and the iShares® MSCI EAFE ETF.
At maturity, if both underliers finish above their initial levels, holders receive $1,000 plus 186% of the lesser performer’s gain. If any underlier is at or below its initial level but both stay at or above 90% of their initial levels (a 10% buffer), investors receive only the $1,000 face amount. If any underlier falls below 90% of its initial level, principal is reduced 1-for-1 with the lesser performer’s decline beyond the 10% buffer, and a substantial loss of principal is possible.
The notes pay no interest, are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor, may trade below face value before maturity, and are not equivalent to owning the underliers or their underlying index stocks. The tax treatment is uncertain and may implicate derivative and constructive ownership rules.
GS Finance Corp., guaranteed by The Goldman Sachs Group, is offering auto-callable notes linked to the iShares Bitcoin Trust ETF and the iShares Ethereum Trust ETF. The notes pay a conditional coupon of $17 per month per $1,000 face amount (1.7% monthly, up to 20.4% per year) whenever both ETFs are at or above 60% of their initial levels on monthly observation dates.
The notes can be automatically called starting in December 2026 if both ETFs are at or above their initial levels, returning $1,000 per note plus the applicable coupon. If not called, principal repayment at maturity in December 2028 depends on the worse-performing ETF. Full principal is returned if each ETF is at or above 50% of its initial level; below 50%, losses match the decline of the weaker ETF and coupons stop, so the entire investment can be lost.
The product embeds crypto-market risk, market-disruption and liquidity risks, issuer and guarantor credit risk, complex tax treatment and the risk of no active secondary market. The estimated value on the trade date is expected to be between $925 and $955 per $1,000 face amount, reflecting fees, hedging costs and model-based pricing.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The notes have an aggregate face amount of $1,362,000, a trade date of December 23, 2025 and mature on December 31, 2030, unless automatically called between December 2026 and September 2030.
Holders can receive a contingent coupon of $20 per $1,000 each quarter (2% quarterly, up to 8% per year) when the index is at least 55% of its initial level of 505.38 on an observation date; no coupon is paid if it is below that level. If on any call observation date the index is at least 85% of the initial level, the notes are automatically redeemed at $1,000 per $1,000 face amount plus the applicable coupon.
If the notes are not called and the index ends below the 55% trigger at maturity, principal is reduced one-for-one with the index loss, and investors can lose their entire investment. The index itself uses up to 500% leverage, applies a 6% per annum daily decrement, and is based on E-mini S&P 500 futures, which introduces leverage, futures, and financing-cost risks. The estimated value on the trade date is approximately $903 per $1,000, versus a 100% issue price, reflecting fees, costs and model-based pricing.
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. The notes pay no interest and are scheduled to mature in January 2032, unless redeemed early.
At maturity, investors receive at least the $1,000 face amount per note. If the index has risen, the upside is enhanced with a 125% participation rate, so gains are multiplied by 1.25. Starting in February 2027, the issuer may redeem the notes monthly at 100% of face value plus a preset call premium that steps up over time. The notes’ estimated value at pricing is expected to be $885–$925 per $1,000, reflecting fees and hedging costs, and all payments depend on the credit of GS Finance Corp. and its guarantor.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering structured notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER, with an aggregate face amount of $991,000 in $1,000 denominations.
The notes can pay a monthly coupon of $15.834 per $1,000 (about 19% per year) when the index is at least 70% of the initial level of 498.71. Quarterly, starting in June 2026, the notes are automatically called if the index is at or above the initial level, returning principal plus that month’s coupon.
If the notes are not called, principal at maturity in December 2031 depends on the final index level. If the index is at or above 50% of the initial level, investors receive full principal; below that, losses match the index decline, and the entire investment can be lost. The index itself uses up to 500% leverage and applies a daily decrement of 6% per year, which reduces returns versus an equivalent index without this feature. The estimated value is about $942 per $1,000 face amount at pricing, and investors bear the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The notes pay quarterly contingent coupons only when the index is at least 60% of its initial level, with the coupon formula targeting at least $27.5 per $1,000 each quarter if conditions are met, for the potential of up to at least 11% per year. The notes can be automatically called on quarterly observation dates starting in January 2027 if the index is at or above its initial level, in which case investors receive $1,000 per note plus the applicable coupon.
If the notes are not called and the index falls below 50% of its initial level at final observation, principal is exposed one-for-one to the decline and investors can lose their entire investment. The underlying index uses up to 500% leverage, targets 40% volatility and applies a 6.0% per annum daily decrement, features that can magnify losses and drag performance. The estimated value at pricing is expected to be between $850 and $890 per $1,000 face amount, below the 100% issue price.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering income-bearing notes linked to Apple, Amazon, Alphabet Class C and NVIDIA stock with a total face amount of $7,944,000 on the original issue date. The notes pay a monthly coupon of $12.292 per $1,000 (1.2292%, about 14.75% per year) only if on each observation date all four stocks are at least 60% of their initial prices. The notes can be automatically called starting in December 2026 if all stocks are at or above their initial prices, returning face value plus the applicable coupon.
If not called, at maturity on January 3, 2029 repayment depends on the worst-performing stock. If the worst stock is at or above 80% of its initial price, investors receive full principal plus any final coupon. If it is between 60% and 80%, principal is partially reduced. If it falls below 60%, investors lose more of their principal and receive no final coupon. The estimated initial value is about $975 per $1,000 face amount, after a 3.25% underwriting discount.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing autocallable notes linked to the Goldman Sachs Momentum Builder® Focus ER Index, maturing in 2033. The notes pay no interest and all returns depend on index performance and the credit of the issuer and guarantor.
The notes are automatically called in January 2027 if the index on the December 2026 observation date is at or above its initial level, in which case investors receive $1,170 per $1,000 of face amount. If not called, at maturity investors receive at least the $1,000 face amount, with upside equal to 300% of any positive index return.
The index uses daily rebalancing, volatility and momentum controls and an annual 0.65% deduction, and can allocate heavily to cash-like positions, which can dampen returns. The estimated value on the trade date is between $885 and $925 per $1,000, below the issue price, and the notes are taxed as contingent payment debt instruments, creating taxable income each year even without cash payments.