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 $640,000 of Leveraged S&P 500® Futures Excess Return Index-Linked Notes due August 5, 2032 under its Medium-Term Notes, Series F program. The notes pay no interest and are unsecured obligations subject to the credit risk of both the issuer and guarantor.
The notes’ return is tied to the S&P 500® Futures Excess Return Index, which tracks E-mini S&P 500 futures rather than the cash S&P 500® Index. The initial underlier level is the lowest closing level during an observation period from July 31, 2026 to November 2, 2026. At maturity, for each $1,000, investors receive: (i) $1,000 plus 185.2% of any positive underlier return; (ii) $1,000 if the underlier return is between 0% and -30%; or (iii) $1,000 plus the full negative underlier return if the decline exceeds 30%, meaning losses can reach 100% of principal.
The estimated value on the trade date is approximately $946 per $1,000 face amount, below the 100% issue price, reflecting structuring costs and dealer margin. The underwriting discount is 0.25% of face (net proceeds 99.75%). The notes are not listed, may have limited liquidity, and are sensitive to index volatility, interest rates, futures term structure and the credit profile of Goldman Sachs.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering Leveraged Nasdaq-100 Futures Excess Return Index-Linked Notes due August 5, 2031. The notes pay no interest and repay at maturity based on the performance of the Nasdaq-100 Futures Excess Return Index, which tracks E-mini Nasdaq-100 futures rather than the Nasdaq-100 Index itself.
The initial underlier level is 742.0093. For each $1,000 note, if the index return is positive, investors receive $1,000 plus 188% of the index gain. If the index return is between 0% and -40%, investors receive $1,000 (a 40% downside buffer). If the index return is below -40%, principal is reduced 1-for-1 with the index return, and investors can lose their entire investment.
The aggregate face amount on the original issue date is $1,357,000, with authorized denominations of $1,000. 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. The estimated value at pricing is approximately $953 per $1,000, reflecting structuring fees and other costs, so secondary market values may initially be below par. The underlier has limited live history and is affected by futures-specific factors such as financing costs and roll yield, which can cause performance to diverge from the Nasdaq-100 Index.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering S&P 500®-linked Medium-Term Notes, Series F, with an aggregate face amount of $734,000. The notes pay a contingent quarterly coupon of $18.75 per $1,000 face amount (1.875% quarterly, up to 7.50% per year) only when the S&P 500® closing level on the observation date is at or above the coupon trigger level, set at 75% of the initial level of 7,489.72.
If not redeemed early, at maturity investors receive $1,000 per note when the final index level is at or above the trigger buffer level of 70% of the initial level; below that, principal is reduced one-for-one with the index return, and investors can lose their entire investment. The issuer may redeem the notes in whole, at its option, on any coupon payment date from August 2027 through May 2031 for $1,000 per note plus any due coupon, capping further coupon potential. Principal is not protected, upside participation in index gains is capped at par, payments depend on the credit of GS Finance Corp. and the guarantor, and the original issue price exceeds the model-based estimated value.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering S&P 500® Index-linked Medium-Term Notes, Series F, with an aggregate face amount of $30,977,000. The notes do not bear interest and may be automatically called on August 18, 2027 if, on the August 13, 2027 call observation date, the S&P 500® closing level is at or above the initial level of 7,489.72. If called, investors receive 110% of face (i.e., $1,100 per $1,000 note).
If not called, the August 3, 2028 maturity payment depends on S&P 500® performance. Above the initial level, investors receive $1,000 plus 204% of the index gain. Between the 90% buffer level and the initial level, repayment is $1,000. Below the buffer, principal is reduced using a buffer rate of about 111.11%, and investors can lose up to their entire investment. The original issue price is 100% of face, with a 1.5% underwriting discount and 98.5% net proceeds to the issuer.
Payments are subject to the credit risk of GS Finance Corp. and the guarantor, and the notes will not be listed on an exchange. GS&Co. may, but is not obligated to, make a market, and the market value may be below the issue price, especially as the estimated value at pricing is less than the original issue price. Investors have no rights in the S&P 500® constituents, face uncertain U.S. tax treatment (treated as a pre-paid derivative contract in counsel’s opinion), and the notes are generally subject to FATCA withholding rules.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable notes linked to the Goldman Sachs Momentum Builder Focus ER Index, with an aggregate face amount of $2,614,000. The notes may be automatically called on annual observation dates if the index closes at or above 100.75% of its initial level, paying for each $1,000 face amount $1,000 plus a call premium ranging from 9.35% to 56.10% depending on call year.
If not called, at maturity in 2033 investors receive for each $1,000 either $1,000 + 100% of index upside if the index is above its initial level, or $1,000 if the index is flat or lower; there is no additional downside below par but the notes pay no periodic interest. The index is a rules-based multi-asset strategy with daily rebalancing, 5% volatility control, a momentum risk control overlay and a 0.65% per annum index-level deduction, and can allocate heavily to cash-like positions, which can reduce returns.
The original issue price is 100% of face amount, with a 4.3% underwriting discount and 95.7% net proceeds. Goldman Sachs estimates the value at issuance at $892 per $1,000, below issue price, with a disclosed additional amount of $65 amortizing to zero by October 30, 2026. For U.S. tax purposes, the notes are treated as contingent payment debt instruments, requiring accrual of ordinary income based on a 5.4413% comparable yield and a projected $1,463.90 payment at maturity per $1,000.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering Autocallable EURO STOXX 50 Index-Linked Notes due 2031 under its Medium-Term Notes, Series F program. The notes do not bear interest and are unsecured senior obligations subject to the credit risk of the issuer and guarantor.
The notes may be automatically called on September 10, 2027 if the EURO STOXX 50 closing level on the call observation date is at or above the initial level, in which case investors receive $1,130 per $1,000 face amount and the investment ends early. If not called, the September 2031 maturity payment depends on index performance, with 200% upside participation above the initial level, full principal repayment when the final level is between 85% and 100% of the initial level, and losses beyond a 15% downside buffer.
Investors may lose a substantial portion of principal if the index falls below the buffer, with hypothetical outcomes down to 15% of face amount at a zero index level. The estimated value at pricing will be less than the issue price, secondary market liquidity is uncertain, the notes will not be listed, and there are additional risks from foreign equity exposure and uncertain U.S. tax treatment.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering medium-term notes linked to an equally weighted basket of two State Street sector ETFs: Energy Select Sector SPDR (XLE) and Technology Select Sector SPDR (XLK), each with a 50% weighting. The notes are due August 3, 2028, have a $1,000 face amount, and pay no coupons.
At maturity, investors receive: the face amount plus 125% of the basket’s gain, capped at a maximum return of 28.40% (maximum payment $1,284 per note); the full $1,000 if the basket decline is within a 15% downside buffer; or reduced principal with 1‑for‑1 loss beyond the 15% buffer, with losses up to 85% of principal. The estimated value at pricing is about $960 per $1,000.
The total offering is $782,000, with a 2.575% underwriting discount. The notes are unsecured senior obligations of GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., and are designed to be held to maturity with no exchange listing. Credit risk of both issuer and guarantor, limited upside, lack of dividends, sector concentration (energy and technology), valuation complexity, and uncertain tax treatment are highlighted as key risks.
GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., is offering S&P 500® Index-linked Medium-Term Notes, Series F, with an aggregate face amount of $25,054,000. For each $1,000 note, investors may receive a contingent monthly coupon of $4.25 (0.425% monthly, up to 5.10% per annum) when, on the relevant observation date, the S&P 500® closing level is at least 70% of the initial level of 7,489.72.
At maturity on February 7, 2028, if not earlier redeemed, investors receive $1,000 per note if the final index level is at or above the 60% buffer level. Below that level, principal is reduced according to a formula using a 40% buffer amount and a 100% buffer rate, so a substantial loss of principal is possible. Upside is capped at repayment of face amount; there is no participation in S&P 500® gains.
GS Finance Corp. may, at its option, redeem all notes at par plus any due coupon on any coupon payment date from November 2026 through January 2028. The notes are unsecured obligations subject to the credit risk of both GS Finance Corp. and the guarantor. The original issue price is 100% of face amount, including a 0.7% underwriting discount, and the estimated value is lower. The issuer intends to treat the notes as contingent payment debt instruments for U.S. federal income tax purposes, with holders taxed on deemed ordinary income based on a comparable yield and projected payments.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $385,000 of Performance Leveraged Upside Securities (PLUS) linked to an equally weighted basket of 10 U.S. and foreign energy and industrial stocks. The notes are unsecured, pay no interest and are not listed on any exchange.
At maturity on August 11, 2027, holders receive for each $1,000: if the basket has risen, $1,000 plus 150% of the basket’s gain, capped at a maximum payment of $1,449 (144.90% of principal). If the basket is flat, investors receive $1,000. If the basket has declined, repayment is reduced 1:1 with the basket, with no minimum, so the entire principal may be lost. Returns also depend on the credit of GS Finance Corp. and the guarantor.
The initial issue price is 100% of principal, but the estimated value is approximately $950 per $1,000, reflecting fees and structuring costs. Goldman Sachs & Co. LLC takes a 1.50% underwriting discount, and Morgan Stanley Wealth Management receives a $15 per note selling concession, including a $5 structuring fee.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $395,000 of notes linked to the EURO STOXX 50® Index under its Medium-Term Notes, Series F program. The initial underlier level is 6,358.01.
At maturity on August 5, 2031, investors receive for each $1,000 note either (i) $1,000 plus 135% of any positive index return, or (ii) $1,000 if the index is flat or down, so principal is repaid at maturity but no downside gain is provided. The notes pay no periodic interest and may trade below face value before maturity.
The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and its parent guarantor and are not insured or exchange-listed. For U.S. tax purposes they are treated as contingent payment debt instruments with a comparable yield of 5.24% per annum and a projected maturity payment of $1,299.92 per $1,000, driving annual ordinary income accruals even though cash is received only at maturity. The filing highlights secondary-market, liquidity, foreign-market and tax risks.