GOLDMAN SACHS GROUP INC (GS) SEC Filings, Mar 10, 2026

GS Finance Corp. priced medium-term structured notes, guaranteed by The Goldman Sachs Group, Inc., linked to the Nasdaq-100 Index. The offering has an aggregate face amount of $2,065,000 and a face amount of $1,000 per note. The notes pay no interest and feature an upside participation rate of 175% and a trigger buffer level of 75% of the initial underlier level. If the closing level on the call observation date is greater than or equal to the initial level, the notes will be automatically called and pay $1,106 per $1,000 on the call payment date. If not called, the cash settlement at maturity on March 11, 2031 depends on the final underlier level: full upside participation above the initial level, return of principal at or above the trigger buffer, or a proportional loss (you may lose your entire investment if the final level is below the trigger buffer). The notes are subject to issuer and guarantor credit risk, a structuring fee of up to 0.8%, model-derived pricing below issue price, and limited secondary market liquidity.

GS Finance Corp. priced buffered S&P 500® index-linked notes due 2027, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity depends on the S&P 500 performance from the March 13, 2026 trade date to the March 29, 2027 determination date. If the final underlier level is at or above the buffer level (set at 90% of the initial level), each $1,000 face amount will pay the $1,096 maximum settlement amount. If the final level is below the buffer level, losses are amplified by the buffer rate (~111.11%), and investors can lose up to their entire investment. The notes are issued at 100% of face amount, carry an underwriting discount of 1%, and are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc. Terms are subject to adjustment per the general terms supplement.

GS Finance Corp. offers contingent quarterly‑coupon medium‑term notes with a $5,777,000 aggregate face amount, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes pay quarterly coupons of $23.75 per $1,000 (2.375% quarterly, up to 9.50% per annum) if each underlier is ≥70% of its initial level on a coupon observation date, are callable early if all underliers close ≥ their initial levels on a call observation date, and mature on March 11, 2032. The cash settlement at maturity is based on the performance of the lesser performing underlier (Dow Jones Industrial Average, Russell 2000, S&P 500); if that underlier finishes below 70% of its initial level, investors may lose a substantial portion, or the entirety, of principal.

GS Finance Corp. is offering structured, S&P 500®-linked notes with an aggregate face amount of $13,847,000, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes reference the S&P 500® Index with an upside participation rate of 176% and a 10% buffer (buffer level = 90% of the initial level). If the closing level on the call observation date is greater than or equal to the initial level, the notes will be automatically called and pay $1,100 per $1,000 face amount on the call payment date. If not called, maturity payoff depends on the final underlier level with outcomes that can range from full principal loss to leveraged upside participation; the notes do not bear interest.

The trade date is March 6, 2026, original issue date March 11, 2026, call observation date March 19, 2027, call payment date March 24, 2027, determination date March 6, 2028, and stated maturity date March 9, 2028. Original issue price is 100% of face amount with an underwriting discount of 1.5% (net proceeds 98.5%). Material risks disclosed include possible loss of entire investment, issuer/guarantor credit risk, lack of interest payments, limited liquidity, and uncertain U.S. federal tax treatment.

GS Finance Corp. offers principal-at-risk notes linked to the S&P 500® Index, guaranteed by The Goldman Sachs Group, Inc. Each $1,000 note pays no interest and matures on March 9, 2028 (determination date March 6, 2028), with an aggregate face amount of $6,939,000. If the final underlier level is at or above the initial level you receive the underlier return up to a capped cash payment of $1,193 per $1,000. If the final level is below the initial level but no more than the 20% buffer (buffer level = 80% of initial), you receive the absolute underlier return (a decline of 10% yields +10%). If the final level falls below the buffer, losses apply and you can lose a substantial portion of principal. The notes reference an initial underlier level of 6,740.02 and the underwriting discount is 0.15% (net proceeds 99.85% of face).

GS Finance Corp. is offering principal-at-risk notes linked to the S&P 500® Index, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and pays no interest. If the final index level on the determination date is at or above a buffer level equal to 90% of the initial level, the investor receives a $1,090 maximum settlement amount per $1,000 face amount. If the final index level is below the buffer level, losses apply: investors lose approximately 1.1111% of face amount for each 1% decline below the buffer and could lose the entire investment. Trade date is March 6, 2026, original issue date March 11, 2026, determination date March 19, 2027, and stated maturity date March 24, 2027. Aggregate face amount initially offered is $11,178,000. The notes cap upside at the maximum settlement amount and expose holders to issuer/guarantor credit risk and limited secondary market liquidity.

GS Finance Corp. is offering autocallable contingent coupon notes linked to the iShares Semiconductor ETF (SOXX) with an initial underlier level of $323.51 and a stated maturity of March 11, 2030. Each $1,000 face amount pays a quarterly coupon of $47.75 (4.775% quarterly, up to 19.1% annually) only if the closing level on a coupon observation date is at or above the coupon trigger level (75% of the initial level). Notes are automatically called on call observation dates (Sept 2026–Dec 2029) if the underlier is at or above the initial level; if not called, final cash settlement depends on the underlier return versus the trigger buffer level (65%), exposing holders to potential principal loss, including loss of most or all principal if the final level is below the trigger buffer. The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and carry issuer/guarantor credit risk. The estimated value on the trade date was approximately $984 per $1,000 face amount.

GS Finance Corp. offers Buffered Digital S&P 500® Index-Linked Notes due April 14, 2032, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return a cash payment at maturity tied to the S&P 500® Index performance between the April 9, 2026 trade date and the April 9, 2032 determination date. For each $1,000 face amount, holders receive either the $1,485 maximum settlement amount if the final index level is at or above the 85% buffer level, or a reduced cash payment that declines 1% for each 1% the final level falls below the buffer (subject to the stated formula). The notes are subject to the issuer's and guarantor's credit risk, have no shareholder rights in the underlier, and may trade at prices that differ materially from the original issue price.

The issuer GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering structured notes linked to three ETFs: VanEck Gold Miners ETF, SPDR® Gold Trust and iShares® Silver Trust. The notes mature on March 12, 2027 and may be redeemed monthly by the issuer between September 2026 and February 2027.

Coupons of $9.792 per $1,000 (approximately 0.9792% monthly, ~11.75% annualized) are paid on a coupon date only if each ETF closes at or above 65% of its initial level set on March 9, 2026. At maturity, payment depends on the lesser performing ETF with a 35% buffer and a buffer rate of ~153.85%. The estimated value at pricing is $925–$955 per $1,000 face amount.