GOLDMAN SACHS GROUP INC (GS) SEC Filings, Mar 3, 2026

GS Finance Corp. offers structured medium-term notes linked to Boston Scientific common stock with an automatic call feature and principal repayment tied to stock performance. The notes have a $1,000 face amount reference, an Initial index stock price $76.85, a call observation date March 12, 2027 with a capped call payment of $1,158.5 per $1,000, and a stated maturity date March 2, 2028. If not called, maturity payments depend on the final index stock price versus the initial price, a 15% buffer level (buffer price = 85% of initial), a buffer rate of approximately 117.65%, and a threshold settlement amount of $1,317. The prospectus discloses the estimated value at issuance of approximately $970 per $1,000 face amount and states the notes are unsecured obligations of GS Finance Corp. guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. is offering structured medium-term notes due March 4, 2031 that pay no interest and whose cash settlement at maturity is linked to the lesser performing of the EURO STOXX 50® Index and the iShares® MSCI EAFE ETF (EFA). The notes feature an upside participation rate of 221.25% and a trigger buffer level equal to 65% of each underlier’s initial level. If both underliers finish above their initial levels, holders receive the face amount plus the upside participation times the lesser performing underlier return; if any underlier closes at or below its trigger buffer level, losses accrue 1% per 1% decline in the lesser performing underlier and investors could lose their entire investment. The issue aggregates $537,000 of face amount and the notes reference a February 27, 2031 determination date (subject to adjustment).

GS Finance Corp. offers contingent automatic‑call notes guaranteed by The Goldman Sachs Group, Inc. The notes reference the common stocks of UnitedHealth Group, ServiceNow and Broadcom, have an aggregate face amount of $1,032,000, an original issue price of 100%, and an estimated value at pricing of approximately $915 per $1,000.

The notes may be automatically called on the call observation date (March 8, 2027) if each index stock closes at or above 90% of its initial price; a call would trigger a capped cash payment of $1,690 per $1,000. If not called, maturity is the stated maturity date (March 2, 2029) and payoff depends on the lesser performing index stock: upside participation of 300% if all three finish above initial prices; full principal if all are ≥50% of initial price; otherwise holders suffer downside linked to the worst performer. Underwriting discount is 2.25% and net proceeds to issuer are 97.75%.

GS Finance Corp. priced Market Linked Securities — Auto-Callable with 1-to-1 Downside Exposure linked to the lowest performing of the S&P 500®, Russell 2000® and EURO STOXX 50® with a $1,000 face amount and pricing date February 27, 2026. The securities pay no interest, may be automatically called on specified call dates for the face amount plus a fixed call premium (ranging from 16.10% to 48.30%), and otherwise pay at maturity an amount equal to $1,000 × the performance factor of the lowest performing underlier on the final calculation day (February 27, 2029), exposing holders to potential loss of some or all principal. The estimated value at pricing was approximately $949 per $1,000 face amount; original offering price is $1,000.

GS Finance Corp. offers medium-term notes linked to the Nasdaq-100 Index with a guaranteed obligation of The Goldman Sachs Group, Inc. The pricing supplement sets an aggregate face amount of $116,000, an original issue price of 100% of face amount, and an underwriting discount of 2.5%.

Payments at maturity depend on the underlier return from the trade date to the determination date: upside participation of 200% capped by a maximum upside settlement of $1,348 per $1,000 face amount; a trigger buffer level of 80% (trigger buffer amount 20%) provides protection through the buffer (absolute return if decline is within buffer), but declines beyond the buffer produce losses in direct proportion to the underlier decline. Trade date is February 27, 2026, original issue date March 4, 2026, determination date February 27, 2029 and stated maturity March 2, 2029.

GS Finance Corp. priced autocallable contingent coupon notes linked to the iShares Semiconductor ETF with original issue date March 4, 2026 and stated maturity March 4, 2030. Coupons of $45.125 per $1,000 apply quarterly if the ETF closing level is >= 75% of the initial level; automatic redemption occurs if the ETF closes >= the initial level $352.29 on a call observation date (May–Nov cadence starting August 2026). At maturity, protection thresholds: investors receive full principal if final ETF level >= 75% of initial; receive only principal (no coupon) between 65% and 75%; and suffer proportional losses below 65%, potentially losing most of the investment. The estimated value on the trade date was approximately $980 per $1,000 face amount.

GS Finance Corp. is offering autocallable EURO STOXX 50® Index-Linked Notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, include an automatic call that would pay $1,127.50 per $1,000 if the underlier closes at or above the initial level on the call observation date, and otherwise settle in cash at maturity based on the EURO STOXX 50 performance with a 200% upside participation rate and a 70% trigger buffer level. Key transaction dates disclosed include trade date March 9, 2026, original issue date March 12, 2026, call observation date March 15, 2027, call payment date March 18, 2027, determination date March 10, 2031, and stated maturity date March 13, 2031. The pricing supplement warns investors could lose their entire investment if the final underlier level is below the trigger buffer level and notes are subject to issuer and guarantor credit risk.

GS Finance Corp. offers S&P 500® Index-linked, non‑interest-bearing notes guaranteed by The Goldman Sachs Group, Inc. The notes trade on an expected trade date of March 26, 2026, have an expected original issue date of March 31, 2026 and an expected stated maturity date of April 3, 2028.

Each note has a face amount of $1,000 (authorized denominations in $1,000) and pays at maturity either (i) if a barrier event has occurred on any trading day in the measurement period, at least $1,020 per $1,000 (a contingent return of at least 2%), or (ii) if no barrier event has occurred, $1,000 plus $1,000 times the absolute underlier return (bounded between $1,000 and $1,240, representing returns of 0% to 24%). The lower and upper barriers are 76% and 124% of the initial underlier level, respectively. The estimated value on the trade date is between $925 and $965 per $1,000 face amount.

GS Finance Corp. priced Medium-Term Notes, Series F — market‑linked, auto‑callable securities guaranteed by The Goldman Sachs Group, Inc. — linked to the lowest performing of the SPDR® Gold Trust and the iShares® Silver Trust, due March 2, 2029. Each security has a $1,000 face amount and was offered at $1,000 per security. The estimated value at pricing was approximately $892 per $1,000 face amount. The securities pay no interest, are subject to issuer/guarantor credit risk, and may be automatically called on scheduled call dates for a fixed call premium (first call premium 21.30%; increasing to 63.90% on the final call date). If not called, the maturity payment equals $1,000 × the performance factor of the lowest performing underlier on the final calculation day, giving holders 1-to-1 downside exposure (investors may lose up to 100.00% of face amount). The pricing date starting prices: SPDR® Gold Trust $483.75; iShares® Silver Trust $84.99.