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 2028 autocallable equity-linked notes tied to Class A shares of Alphabet Inc., Class A shares of Meta Platforms, Inc., and common shares of NVIDIA Corporation. The notes pay no interest and are unsecured obligations of the issuer with a guarantee from Goldman Sachs.
The notes may be automatically called on December 31, 2026 if each underlier’s closing level on December 28, 2026 is at or above its initial level, in which case holders receive $1,650 per $1,000 of face amount. If not called, at maturity in December 2028 investors receive: upside of 250% of the gain of the worst-performing stock if all three finish above their initial levels; full principal back if every underlier is at or above 80% of its initial level and any is at or below its initial level; or a reduced amount if any underlier finishes below 80%, with losses increasing one-for-one beyond the 20% buffer and potentially large. The filing highlights that the notes’ estimated value at pricing is less than the issue price, that secondary market prices may be significantly lower than what investors pay, and that investors bear the credit risk of both GS Finance Corp. and Goldman Sachs.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering autocallable basket-linked notes that pay no interest and are scheduled to mature in December 2030 unless redeemed early.
The notes track a weighted basket of the S&P 500 Index (65%), MSCI EAFE Index (25%) and MSCI Emerging Markets Index (10%). If on the December 2026 call observation date the basket is at or above its initial level of 100, the notes are automatically redeemed for $1,100 per $1,000 face amount. If not called, at maturity investors receive principal plus 155% of any basket gain, full principal back if the basket is flat to down by up to 30%, and a one-for-one loss beyond that level.
The estimated value is expected to be between $885 and $925 per $1,000, below the issue price, reflecting underwriting discounts, offering expenses and dealer pricing models. The notes are unsecured obligations subject to the credit risk of both GS Finance Corp. and The Goldman Sachs Group, Inc., and expose holders to equity, foreign and emerging-market volatility, currency effects, limited liquidity and uncertain U.S. tax treatment.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering autocallable index-linked notes due 2030 tied to the Russell 2000® Index and the EURO STOXX 50® Index. The notes pay no interest and may be automatically called quarterly if each index is at or above its initial level on a call observation date, in which case investors receive cash equal to principal plus a preset call premium that steps up over time.
If the notes are not called, payment at maturity depends on the worse-performing index. Investors receive principal plus a 55% maturity premium if both final index levels are at or above their initial levels, full principal back if the worst index stays at or above 75% of its initial level, and a loss matching the negative return of the worse index if it falls below that trigger buffer, potentially losing the entire investment.
The notes are unsecured debt subject to the credit risk of GS Finance Corp. and its parent guarantor, will not be listed on an exchange, may trade at values below the issue price, and have complex, uncertain U.S. tax treatment as prepaid derivative contracts.
The Goldman Sachs Group, Inc. is offering fixed rate senior notes due December 23, 2032 as part of its Medium-Term Notes, Series N program. The notes will pay interest at 4.25% per annum, with payments made in U.S. dollars on June 23 and December 23 of each year, beginning June 23, 2026, in minimum denominations of $1,000 and integral multiples.
The notes will be issued in book-entry form through DTC, will not be listed on any securities exchange, and provide for both full defeasance and covenant defeasance. Interest is calculated using a 30/360 (ISDA) day count convention. Goldman Sachs & Co. LLC will act as underwriter and calculation agent, and because it is an affiliate of the issuer, the deal constitutes a conflict of interest under FINRA Rule 5121. The documents outline U.S. federal income tax treatment and restrict offers to certain non-retail investors in the EEA, UK, Hong Kong, Singapore, Japan and Switzerland.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering Nasdaq-100 Index®-linked notes due January 3, 2028 as part of its Medium-Term Notes, Series F program. These notes are derivative-style securities that return cash at maturity based on the index level on the determination date compared with the level set on the trade date of December 29, 2025.
For each $1,000 note, if the Nasdaq-100 rises, investors earn the same percentage gain, but returns are capped at a maximum settlement amount of $1,240. If the index falls but stays at or above 85% of its initial level (a 15% buffer), investors receive their full $1,000 back. Below the 85% buffer level, principal is reduced 1-for-1 with index losses beyond the buffer, so investors can lose a substantial portion of their investment.
The notes pay no interest, are unsecured obligations of GS Finance Corp., and are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., exposing holders to the credit risk of both entities. They will not be listed on any exchange, secondary market liquidity is uncertain, and the initial estimated value is lower than the issue price. The U.S. federal income tax treatment is uncertain and relies on a prepaid derivative contract characterization.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering notes linked to the common stock of Netflix, Tesla, NVIDIA and Meta Platforms. The notes are expected to mature in December 2032 but can be automatically called from December 2026 if all four stocks are at or above their initial prices.
On each quarterly coupon observation date, investors receive a coupon of $22.5 per $1,000 face amount (2.25% quarterly, with the potential for up to 9% per year) only if the closing price of each stock is at least 70% of its initial level; otherwise the coupon for that quarter is zero. If the notes are not called, holders receive $1,000 per note at maturity plus any final coupon that is earned.
The estimated value on the trade date is expected to be between $885 and $925 per $1,000 face amount, reflecting the underwriting discount, offering expenses and the difference between what Goldman Sachs pays and receives on the notes. Investors face the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., limited liquidity, and the possibility of receiving little or no coupon income over the life of the notes.
GS Finance Corp is issuing 587,500 $10 Autocallable Contingent Coupon (with Memory) Barrier Notes linked to the State Street SPDR S&P Biotech ETF, maturing on December 11, 2028 and fully and unconditionally guaranteed by The Goldman Sachs Group, Inc.
Holders receive quarterly contingent coupons of $0.2875 per unit (an 11.50% per annum rate) only if the ETF is at or above 80% of its $121.83 starting value on the observation date, with missed coupons potentially paid later through the “memory” feature. The notes can be called early if the ETF is at or above the starting value on specified call dates, returning principal plus the due coupon, with no further payments.
If not called, investors receive full principal back at maturity only if the ETF’s ending value is at least 80% of the starting value; otherwise, losses match the ETF’s decline below the starting level, up to a 100% loss of principal. The estimated value on the pricing date is $9.70 per $10 note, secondary market liquidity is expected to be limited, the minimum initial purchase is $100,000, and all payments depend on GS Finance Corp’s and Goldman Sachs Group’s credit.
GS Finance Corp is offering $300,000 of notes linked to the S&P 500® Index, paying at maturity based on index performance from the December 3, 2025 trade date to the December 4, 2028 determination date.
For each $1,000 face amount, holders receive $1,000 plus the index return if the final level exceeds the initial 6,849.72 level, capped at a maximum settlement amount of $1,195; if the index is equal to or below the initial level, they receive $1,000. The notes bear no interest, mature on December 7, 2028, are part of the Medium-Term Notes, Series F program, and are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The original issue price is 100% of face, with a 0.8% underwriting discount and 99.2% of face as net proceeds to the issuer.
These unsecured obligations are not bank deposits, are not FDIC insured, and are subject to the credit risk of both the issuer and guarantor. The original issue price exceeds the model-based estimated value of the notes, and their market value may be lower before maturity. For U.S. federal income tax purposes, the notes are treated as contingent payment debt instruments, using a comparable yield of 4.0608% and a projected maturity payment of $1,130.05 per $1,000.
GS Finance Corp. is offering autocallable index-linked notes due 2030, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes are tied to the Russell 2000 Index and EURO STOXX 50 Index and do not pay periodic interest.
The notes can be automatically called on quarterly observation dates if both indexes are at or above their initial levels, in which case investors receive principal plus a fixed call premium that steps up from 12.5% to 59.375%. If the notes are not called and both final index levels are at or above their initial levels at maturity, investors receive principal plus a 62.5% maturity premium.
If any index finishes below its initial level at maturity, repayment is reduced in line with the weaker index’s return and investors can lose their entire investment. The pricing disclosure notes that the notes’ estimated value at pricing is lower than the 100% issue price because of fees, commissions and hedging costs. The notes are unsecured obligations subject to the credit risk of the issuer and guarantor, will not be listed on an exchange, may have limited secondary market liquidity, and involve additional risks from foreign equity exposure and uncertain U.S. tax treatment.
The Goldman Sachs Group, Inc. is offering callable fixed rate notes under its Medium-Term Notes, Series N program, paying 4.20% per year from the expected original issue date of December 17, 2025 to the expected maturity on June 17, 2029. Interest is scheduled to be paid quarterly on March 17, June 17, September 17 and December 17, with the first payment expected on March 17, 2026.
Goldman Sachs may redeem the notes at its option, in whole but not in part, on any scheduled redemption date on or after June 17, 2026 at 100% of principal plus accrued and unpaid interest. The notes will be issued as a global security through DTC, are not bank deposits and are not insured by the FDIC or any government agency. For U.S. holders, interest is generally taxable as ordinary income and the notes are subject to FATCA withholding rules, and distribution is handled by Goldman Sachs & Co. LLC under a detailed global selling and regulatory restrictions framework.