GOLDMAN SACHS GROUP INC (GS) SEC Filings, Aug 6, 2026

GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering Medium-Term Notes, Series F with an aggregate face amount of $10,449,000, linked to the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index. The notes pay a contingent monthly coupon of $11.042 per $1,000 face amount (1.1042% monthly, up to ~13.25% p.a.) only if on each observation date every underlier is at or above its coupon trigger level, set at 70% of its initial level.

At maturity on February 9, 2028, if not previously redeemed at the issuer’s option (available on coupon payment dates from November 2026 to January 2028), investors receive $1,000 per note plus any final coupon if the final level of each underlier is at or above its 70% trigger buffer level. Otherwise, the payoff is $1,000 + ($1,000 × lesser performing underlier return), fully exposing principal to the downside of the worst-performing index and potentially resulting in a 100% loss of invested principal. Upside is capped at return of principal; investors do not participate in index gains beyond par.

The notes are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., will not be listed on any exchange, may have limited or no secondary market, and involve uncertain and complex U.S. federal income tax treatment as income-bearing prepaid derivative contracts.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering callable S&P 500® Index-linked notes that do not bear interest and are scheduled to mature on August 11, 2031, unless redeemed earlier at the issuer’s option.

The notes provide 100% upside participation in the S&P 500® Index: if the final index level on the determination date exceeds the initial level, investors receive $1,000 plus $1,000 multiplied by the index return. If the index return is zero or negative, investors receive only the $1,000 face amount, so principal is protected at maturity subject to issuer and guarantor credit risk.

GS Finance may redeem the notes quarterly from August 11, 2027 through May 9, 2031 at $1,000 plus a call premium of at least 9.1% on the first call date, rising to at least 43.225% on the last. Early redemption caps upside. The original issue price is 100% of face, with an underwriting discount of 2.5% and net proceeds of 97.5%. The estimated value at pricing is expected to be $885–$915 per $1,000, reflecting structuring and distribution costs, and the notes are unsecured obligations subject to the credit risk of both GS Finance Corp. and the guarantor.

GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable notes with an aggregate face amount of $300,000 linked to the EURO STOXX 50® Index and the iShares® MSCI EAFE ETF. The notes pay no interest and are unsecured senior debt.

The notes may be automatically called on August 9, 2027 if on the August 4, 2027 call observation date each underlier is at or above its initial level (6,486.70 for EURO STOXX 50 and $107.32 for EFA). If called, investors receive $1,120 per $1,000 face amount. If not called, the August 7, 2031 maturity payoff depends solely on the lesser performing underlier: for gains, investors receive $1,000 plus 313% of the lesser performing underlier return; if the worst underlier finishes between 60% and 100% of its initial level, principal is returned; if it falls below the 60% trigger buffer level, repayment is $1,000 times the lesser performing underlier return, and investors can lose their entire investment.

The notes are subject to the credit risk of GS Finance Corp. and the guarantor, may have limited or no secondary market, and the original issue price of 100% includes a 1% underwriting discount, with net proceeds of 99% to the issuer. Tax treatment is uncertain and may implicate constructive ownership rules under Section 1260 of the Internal Revenue Code.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing auto-callable, zero-coupon structured notes linked to an American depositary share of Taiwan Semiconductor Manufacturing Company Limited (TSM ADS, 5 common shares per ADS). The notes have an aggregate face amount of $3,196,000, a trade date of August 4, 2026, an original issue date of August 7, 2026 and a stated maturity date of August 7, 2031, unless automatically called.

The notes pay no interest. They can be automatically called quarterly from August 2027 if the ADS closing price is at or above a step-down call price; investors then receive $1,000 plus a call premium (13.2%–62.7%) per $1,000 face amount. If never called, payoff at maturity depends on the ADS performance from the initial price of $417.17. If the final price is at least 80% of the initial price (20% buffer), investors receive the maximum settlement amount of $1,660 per $1,000 (a 66% maturity premium). If the final price is below 80%, principal is exposed one-for-one beyond the 20% buffer, with potential loss up to 80% of principal.

The estimated value at pricing is about $954 per $1,000 face amount, below the 100% issue price. An underwriting discount of 4.1% results in net proceeds of 95.9% of face amount to the issuer. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc. and include detailed anti-dilution and market disruption adjustment mechanics administered by Goldman Sachs & Co. LLC as calculation agent.

GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., is offering equity-linked notes tied to the S&P 500® Index under its Medium-Term Notes, Series F program. For each $10 face amount, investors receive at maturity a cash amount based on the index performance from the trade date to the determination date.

If the final index level exceeds the initial level of 7,736.52, the payoff is $10 + ($10 × 300% × underlier return), but capped at a maximum settlement amount of $11.44 per $10, so gains above a final level of 104.800% of the initial level do not increase returns. If the final level is equal to or below the initial level, the payoff is $10 + ($10 × underlier return), producing a dollar-for-dollar loss with the index decline and potentially resulting in a total loss of principal.

The notes bear no interest, are issued at 100% of face amount with a 1.7% underwriting discount and 98.3% net proceeds, have a trade date of August 4, 2026, an original issue date of August 7, 2026, a determination date of August 31, 2027, and a stated maturity date of September 3, 2027. They are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor, will not be listed on any exchange, and their secondary market value may be affected by many factors, including issuer credit, interest rates, volatility and market conditions. U.S. federal tax treatment is uncertain; counsel views them as a pre-paid derivative contract in respect of the underlier.

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering autocallable buffered notes linked to the iShares® Semiconductor ETF (SOXX). The notes pay no interest and are scheduled to mature on August 10, 2028, unless automatically called. If on the call observation date, expected August 18, 2027, SOXX is at or above the initial level of $530.70, the notes are redeemed for a fixed $1,389 per $1,000 face amount. If not called, at maturity investors receive: full principal plus 100% of any positive ETF return; principal back if the ETF has fallen by up to 20%; or a loss of 1.25% of principal for each 1% decline beyond the 20% buffer, potentially to zero. The issuer’s estimated initial value is $900–$930 per $1,000, below issue price, and payments are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp., guaranteed by The Goldman Sachs Group, offers auto-callable contingent coupon notes linked to the S&P 500 Index, Russell 2000 Index and the State Street Consumer Staples Select Sector SPDR ETF. The trade date is expected to be August 10, 2026, with maturity on August 14, 2031, unless the notes are automatically called starting in February 2027 when all three underliers are at or above their initial levels.

Investors may receive a fixed coupon of $8.334 per $1,000 (0.8334% monthly, up to about 10% per annum) on each monthly payment date, but only if every underlier is at or above 70% of its initial level; otherwise the coupon is zero. Principal is protected only down to a 65% “trigger buffer level.” If at maturity any underlier is below 65% of its initial level, repayment is reduced one-for-one with the worst performer, potentially resulting in a loss of the entire investment and no coupon. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor. The estimated value on the trade date is expected to be $885–$925 per $1,000 face amount, below the issue price, reflecting fees, hedging and structural costs.

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 no interest and are expected to be issued on September 3, 2026 and mature on September 5, 2031, unless automatically called starting in September 2027.

A call occurs if the index closing level on a call observation date is at or above the initial level, paying back $1,000 plus a call premium per $1,000 face amount. If never called, and the final index level is at or above the initial level, investors receive a maximum of $2,400.04 per $1,000. If the index falls up to 50%, principal is returned; below that 50% trigger buffer, losses match the index decline and investors can lose their entire investment.

The index uses up to 500% leveraged exposure to E‑mini S&P 500 futures with a 40% volatility target and a 6.0% per annum daily decrement, which drags performance and can worsen losses. The notes’ estimated value at pricing is $885–$935 per $1,000, below issue price, and investors are exposed 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 offering auto-callable notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The notes are expected to trade from August 31, 2026 and mature on September 5, 2031, unless automatically called starting February 2027.

For each $1,000 note, a monthly coupon of $13.334 (1.3334%) accrues only when the index is at or above 70% of its initial level on an observation date; otherwise no coupon is paid. Principal is protected at maturity only if the final index level is at or above the 50% trigger buffer level; below that, repayment is reduced in line with the underlier loss, and investors can lose their entire investment.

The underlier is a highly complex, leveraged futures-based index with a 40% volatility target, up to 500% exposure and a 6% per annum daily decrement, which systematically drags performance. The estimated value on the trade date is $885–$935 per $1,000, below issue price, and all payments are subject to the credit risk of GS Finance Corp. and its guarantor.