GOLDMAN SACHS GROUP INC (GS) SEC Filings, Mar 17, 2026

GS Finance Corp. / The Goldman Sachs Group, Inc. priced an initial $5,000,000 offering of Buffered Performance Leveraged Upside Securities ("PLUS") linked to the EURO STOXX 50® Index, with a pricing date of March 13, 2026 and a stated maturity of September 18, 2028.

Each $1,000 PLUS offers 200% leverage on positive index returns up to a maximum payment of $1,347.00 and provides a 15.00% buffer against initial losses; if losses exceed the buffer the investor absorbs declines 1% for each 1% beyond the buffer, subject to a minimum payment of $150.00. The issuer estimated the value per PLUS at approximately $964 and the underwriting discount is 3.00%.

GS Finance Corp. is offering $1,000,000 aggregate face amount of autocallable index-linked notes due March 20, 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, are callable on March 15, 2027 if three indices are each at least 90% of their initial levels, in which case each $1,000 face amount pays $1,160 on the call payment date. If not called, the maturity payout is driven solely by the lesser performing underlier on the determination date March 13, 2029: positive upside is 150% of that lesser underlier return if all are positive; full principal is returned if all final levels are at least 70% of initial levels; otherwise losses can exceed 30% and could result in a total loss of principal. The estimated model value at pricing was approximately $964 per $1,000 face amount.

GS Finance Corp. offers principal-at-risk, contingent coupon notes linked to the Russell 2000® Index, the Nasdaq-100 Technology Sector Index and the VanEck Semiconductor ETF. The notes mature expected March 25, 2032 and may be redeemed at issuer option on specified monthly coupon payment dates commencing September 2026. Monthly coupons of $16 per $1,000 (1.6% monthly, up to 19.2% per annum) are paid only if each underlier’s closing level on the observation date is ≥ 75% of its initial level. At maturity, if the lesser performing underlier’s final level is ≥ 60% of initial, principal is returned (no final coupon in some cases); if below 60%, payment is reduced pro rata by the lesser performing underlier return (investors can lose most or all principal). The estimated value at pricing is $885–$925 per $1,000 face amount, below issue price.

GS Finance Corp. is offering structured, principal-at-risk notes linked to the EURO STOXX 50 Index and the iSharesMSCI EAFE ETF. The offering aggregates $3,079,000 of face amount with a 295% upside participation rate, a $1,600 maximum settlement amount, no periodic interest, an initial issue price equal to face amount less a 1% underwriting discount, a 70% trigger buffer, a trade date of March 13, 2026, an original issue date of March 18, 2026, a determination date of March 13, 2029, and a stated maturity of March 16, 2029. At maturity the cash payment depends on the lesser performing underlier return: full principal if each final level is at or above its trigger buffer and below initial level; enhanced return up to the maximum settlement amount if both underliers finish above initial levels; or linear loss pro rata to the lesser performing underlier below the trigger buffer, potentially resulting in total loss of principal. The notes are unsecured obligations of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., and bear the credit risk of both entities.

The Goldman Sachs Group, Inc. is offering callable fixed rate notes that pay interest at 5.30% per annum from and including the expected original issue date of March 30, 2026 to but excluding the expected stated maturity date of March 30, 2035.

Interest is payable expected each March 30 and September 30, with the first payment expected on September 30, 2026. The notes are callable by the issuer, in whole but not in part, on expected quarterly redemption dates on or after March 30, 2028, at a redemption price equal to 100% of principal plus accrued and unpaid interest with at least five business days' prior notice. The notes will be issued in book-entry form through DTC and are subject to FATCA withholding.

GS Finance Corp. is offering index-linked notes due March 26, 2029, guaranteed by The Goldman Sachs Group, Inc. The notes return is linked to the lesser performing of the Nasdaq-100 Index and the S&P 500, measured from an initial level set on March 16, 2026 to the determination date (expected March 19, 2029).

Key terms: the upside participation rate is 100%, the buffer is 25% (buffer level = 75% of initial levels), the cap is 143.55% of initial levels, and the maximum settlement amount is $1,435.5 per $1,000 face amount. The estimated value at pricing is between $925 and $955 per $1,000 face amount.

GS Finance Corp. offers $2,655,000 of S&P 500®-linked notes (guaranteed by The Goldman Sachs Group, Inc.) under a pricing supplement dated . The notes pay no interest, may be automatically called if the S&P 500 closing level on the call observation date is ≥ the initial level, and if called will pay $1,075 per $1,000 on the call payment date.

If not called, the cash settlement at the stated maturity depends on the S&P 500 performance: an upside participation rate of 202% applies if the final level exceeds the initial level; a 90% buffer level and 100% buffer rate govern downside outcomes. The notes do not bear interest, carry the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., and were issued with a 2% underwriting discount (net proceeds 98% of face).

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering principal‑at‑risk, S&P 500‑linked notes maturing September 18, 2031 (determination date September 15, 2031. For each $1,000 face amount, investors receive either the face amount if the final underlier level is equal to or below the initial level, or $1,000 plus the underlier return up to a $1,435 maximum settlement amount. The notes pay no periodic interest, the issue price is 100% of face with an underwriting discount of 3% (including a structuring fee up to 0.85%), and aggregate face amount initially offered is $1,414,000.

The notes are debt of GS Finance Corp. and subject to the issuer’s and guarantor’s credit risk; market liquidity is not assured and secondary sales may reflect commissions or dealer discounts. Tax treatment: the notes will be treated as contingent payment debt instruments with a disclosed comparable yield of 4.8375% and a projected payment at maturity of $1,305.83 based on a $1,000 investment.

GS Finance Corp. priced medium-term structured notes linked to the EURO STOXX 50® Index with a 10% buffer and capped upside. Each $1,000 note pays no interest and at maturity will pay the $1,126.50 maximum settlement if the final underlier level is at or above 90% of the initial level. If the final level is below 90%, investors lose 1% of face for each 1% decline below the buffer, exposing principal to substantial loss. Trade date was March 13, 2026, original issue date March 18, 2026, and stated maturity June 17, 2027. The notes were issued at 100% of face with a 0.35% underwriting discount and are guaranteed by The Goldman Sachs Group, Inc.