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 issuing auto-callable notes linked to three underliers: the S&P 500 Index, the Russell 2000 Index and the State Street Consumer Staples Select Sector SPDR ETF. The notes have an aggregate face amount of $1,586,000, an original issue price of 100%, an underwriting discount of 0.7% and net proceeds of 99.3% of face amount. The notes pay a conditional monthly coupon of $9.042 per $1,000 face amount (0.9042% monthly, or up to about 10.85% per year) when on a coupon observation date the closing level of each underlier is at least 70% of its initial level. They may be automatically called on monthly call observation dates from February 2027 through July 2029 if each underlier is at or above its initial level, returning principal plus the applicable coupon. If not called, at maturity on August 9, 2029 investors receive principal plus the final coupon if every underlier is at or above 70% of its initial level; otherwise repayment is reduced in proportion to the worst-performing underlier, with potential loss of the entire investment and no coupon. Payments are unsecured and subject to the credit risk of GS Finance Corp. and its guarantor, and investors forgo dividends on the ETF and index constituents.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable, zero-coupon notes linked to the common stock of SoFi Technologies, Inc., the Class A common stock of Robinhood Markets, Inc., and the common stock of Microsoft Corporation. The $468,000 aggregate face amount may be increased later.
The notes pay no interest and mature on August 8, 2031, unless automatically called starting August 12, 2027 when all three stocks close at or above step-down call levels. If called, holders receive $1,000 plus a call premium (up to 177.75% of face late in the term). If not called, maturity payoff per $1,000 depends on the worst-performing stock: $2,975 if each final price is at least 80% of its initial level; $1,000 if all are at least 75% but any is below 80%; otherwise $1,000 plus $1,000 times the worst return plus a 25% buffer, exposing investors to substantial principal loss. Returns are capped and subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing Medium-Term Notes, Series F linked to the common stock of Broadcom Inc. and NVIDIA Corporation. The aggregate face amount is $1,600,000, sold at 100% of face with a 1.5% underwriting discount and 98.5% net proceeds.
The notes pay no interest and may be automatically called on August 18, 2027 if on the August 13, 2027 call observation date each underlier is at or above its initial level. In that case, holders receive $1,441 per $1,000 face amount. If not called, the August 3, 2028 maturity payment is based solely on the lesser performing underlier: 200% upside participation when both final levels exceed their initial levels; full principal repayment if each final level is at or above its 70% buffer level; and leveraged downside below the buffer, with potential loss of the entire investment.
The structure exposes investors to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., limited liquidity because the notes are not listed, market value sensitivity to equity and interest-rate conditions, and uncertain U.S. tax treatment characterized as a pre-paid derivative contract. The notes are subject to FATCA and other U.S. tax rules.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering Autocallable Contingent Coupon VanEck Gold Miners ETF-Linked Notes due 2031 under its Medium-Term Notes, Series F program. The notes are linked to the VanEck Gold Miners ETF (GDX) and are not principal protected.
Holders receive a contingent monthly coupon of $9.209 per $1,000 face amount (0.9209% monthly, up to ~11.05% p.a.) only if on each observation date the ETF is at or above the coupon trigger level of 75% of the initial level; otherwise the coupon is zero. The notes are autocallable from August 23, 2027: if on any call observation date GDX is at or above its initial level, investors receive $1,000 per note plus the then-due coupon and the notes terminate.
At maturity, if not called, investors receive $1,000 per note when the final underlier level is at or above the 75% buffer level. Below that, repayment is reduced using a 25% buffer amount and 100% buffer rate; for example, at 19% of the initial level, the cash settlement would be 44% of face, implying a 56% loss of invested principal. Upside is capped at par; investors do not participate in any ETF appreciation. Key risks include the credit risk of GS Finance Corp. and the guarantor, potential lack of secondary market liquidity, the ETF’s concentration in gold and silver mining companies, its 2025 index change, foreign market and FX exposure, and complex, uncertain U.S. tax treatment, including possible application of Section 1260 and FATCA.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering S&P 500®-linked auto-callable buffered notes with an aggregate face amount of $4,950,000 under its Medium-Term Notes, Series F program. The notes do not bear interest and are unsecured obligations subject to the credit risk of both the issuer and guarantor.
The notes are linked to the S&P 500® Index, with an initial underlier level of 7,723.55, a 190% upside participation rate and a 10% downside buffer. If on the call observation date the index is at or above the initial level, the notes are automatically called and pay $1,100 per $1,000 face amount, capping return. If not called, at maturity investors receive: for index gains, $1,000 plus 190% of the index return; for index levels between 90% and 100% of the initial, $1,000; and below 90%, a buffered loss based on a buffer rate of approximately 111.11%, with the possibility of losing the entire investment.
The original issue price equals 100% of face amount, but exceeds the model-based estimated value. The notes are not listed, and secondary market value may be materially lower than purchase price, influenced by index performance, interest rates and the creditworthiness of GS Finance Corp. and the guarantor. The U.S. tax treatment is uncertain and based on characterization as a pre-paid derivative contract.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing medium-term notes linked to the S&P 500 Futures Excess Return Index with an aggregate face amount of $1,866,000. Each note has a $1,000 face amount, original issue price of 100% of face, a 1% underwriting discount and 99% net proceeds to the issuer.
At maturity on August 8, 2031, investors receive cash based on index performance from the August 5, 2026 trade date to the determination date. If the final index level is above the initial level of 616.74, the payoff equals $1,000 plus 204.1% of the index gain. If the final level is between 80% and 100% of the initial level, investors receive full principal. Below the 80% buffer level, principal is reduced 1% for each 1% decline below the buffer, up to an 80% loss at a zero index level.
The notes do not bear interest, are unsecured obligations of GS Finance Corp. and are subject to the credit risk of both the issuer and guarantor. They will not be listed on any securities exchange, and any secondary market making by Goldman Sachs & Co. LLC is discretionary. The filing highlights risks including estimated value below issue price, market volatility, futures-specific risks such as negative roll yield, and uncertain U.S. tax treatment as pre-paid derivative contracts.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering $6,447,000 of Medium-Term Notes, Series F, in the form of contingent income auto-callable notes linked to the Dow Jones Industrial Average®, Nasdaq-100 Index® and Russell 2000® Index.
The notes pay a contingent monthly coupon of $11.375 per $1,000 (1.1375% monthly, up to 13.65% per annum) only if on each observation date all three underliers are at or above their coupon trigger level, set at 70% of each initial underlier level. The same 70% level also serves as the trigger buffer level that protects principal at maturity.
The notes are automatically called if, on any call observation date starting November 5, 2026, all underliers are at or above their initial levels; investors then receive $1,000 per note plus the due coupon. If not called and any underlier finishes below its trigger buffer level on August 6, 2029, the cash settlement equals $1,000 plus $1,000 times the lesser performing underlier return, so principal loss can be up to 100%. Payments depend on the credit of GS Finance Corp. and the guarantor, and the notes will not be listed, with secondary market value influenced by interest rates, underlier volatility and credit spreads.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is issuing S&P 500 Futures Excess Return Index-linked notes with an aggregate face amount of $1,481,000. Each note has a $1,000 face amount, an original issue price of 100% and pays no interest.
At maturity on August 10, 2028, the cash payment per $1,000 depends on the index performance from the August 5, 2026 trade date to the August 7, 2028 determination date. If the final index level is at or above the initial level of 616.74, investors receive $1,000 plus 125% of the index return, capped at a maximum settlement of $1,252 per note. If the index is below the initial level but at or above the 80% buffer level, investors receive $1,000 plus the absolute value of the index loss.
If the final level falls below the 80% buffer, principal is reduced 1% for every 1% decline below the buffer, so investors may lose a substantial portion of principal. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor, will not be listed, and the estimated value at pricing is lower than the issue price.
GS Finance Corp. is offering callable S&P 500® index-linked notes due on a stated maturity date expected to be August 25, 2031, fully guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at least principal at maturity if not called, subject to issuer and guarantor credit risk.
The issuer may redeem the notes quarterly from August 25, 2027 through May 23, 2031 at 100% of face amount plus a call premium of at least 9.26% on the first call date, rising to at least 43.985% on the final call date. If held to maturity and not redeemed, investors receive $1,000 per note plus 100% of any positive S&P 500® return from the trade date to the determination date; if the index return is zero or negative, they receive $1,000.
The original issue price is 100% of face amount, with a 2.5% underwriting discount and 97.5% net proceeds to the issuer. The estimated value at pricing is expected between $885 and $915 per $1,000 note, reflecting structuring costs and dealer compensation, and the notes are treated as contingent payment debt instruments for U.S. tax purposes.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering autocallable S&P 500 Index-linked notes due August 2031 under its Medium-Term Notes, Series F program. The notes pay no interest and may be automatically called in August 2027 if the S&P 500 closing level is at or above the initial level.
If called, investors receive $1,075 per $1,000 face amount, capping return at a 7.5% premium. If not called, maturity payment depends on S&P 500 performance, with a 125% upside participation rate above the initial level and a 35% downside buffer so that losses begin only if the index falls below 65% of the initial level, after which principal is reduced one-for-one with further declines. The notes carry the credit risk of both GS Finance Corp. and The Goldman Sachs Group, Inc. and their estimated value at pricing is disclosed as lower than the original issue price.