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.
Goldman Sachs is offering securities linked to the S&P 500® Futures 40% VT Adaptive Response 4% Decrement Index (USD) ER, which uses E-mini S&P 500 futures with a daily, rules-based leverage overlay. The index targets volatility-adjusted exposure to the S&P 500® Futures Excess Return Index, with leverage capped at 500% and daily changes in leverage limited to 100%.
The index incurs a daily decrement equivalent to 4.0% per year and rebalances daily. It launched on December 27, 2024, with earlier performance based on hypothetical back-tested data from the index sponsor. For the period ended January 30, 2026, the index shows an annualized return of -9.33% over one year but higher multi-year annualized returns than the S&P 500® Index and the S&P 500® Futures Excess Return Index over three, five and since January 4, 2021, based on historical and hypothetical data. On January 30, 2026, index exposure to the S&P 500® Futures Excess Return Index was 438.95%.
The materials emphasize that past performance, including hypothetical back-tests, does not indicate future results and highlight risk factors for investors in securities linked to this leveraged, decrement-based index.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering leveraged buffered notes linked to the S&P 500 Futures Excess Return Index, maturing in 2031. The notes provide at least 179% upside participation in index gains and a 20% downside buffer.
If the final index level is above the initial level, holders receive $1,000 plus 179% of the index gain per $1,000 note. If the index falls up to 20%, principal is returned; below the 80% buffer level, principal losses match further declines, up to a substantial loss.
The notes pay no interest, are unsecured obligations subject to the credit risk of GS Finance Corp. and its parent, and are linked to futures, not directly to the S&P 500 Index. The estimated value at pricing is lower than the issue price, and secondary market liquidity is uncertain.
GS Finance Corp. provides a February 2026 supplemental index fact sheet for securities linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The index uses a rules-based overlay on the S&P 500® Futures Excess Return Index, adjusting exposure daily.
The strategy targets volatility-adjusted exposure with calendar and price-pattern signals, subject to a maximum exposure of 500% and a maximum daily change in leverage of 100%, and applies a 6.0% per annum daily decrement. The document highlights extensive risks, including leverage, volatility targeting, complex signals, negative roll yields, and the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.
Goldman Sachs, through GS Finance Corp., describes unsecured, index-linked notes tied to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The notes are guaranteed by The Goldman Sachs Group, Inc. and expose investors to both issuer credit risk and index performance.
The index (SPAR4V6) tracks the S&P 500® Futures Excess Return Index with a rules-based overlay that targets 40% volatility, allows up to 500% leverage and caps daily leverage changes at 100%. It also applies a 6% per annum daily decrement and uses signals based on mean reversion, Federal Open Market Committee dates and turn-of-the-month patterns.
The document highlights that most index history is hypothetical backtested data and stresses that past and simulated performance are not indicative of future results. It includes illustrative auto-callable contingent interest note structures where SPAR4V6 underlies notes offering coupons such as 15.00% and 18.00%, along with backtested internal rates of return and loss frequencies, while emphasizing substantial risks, including leverage, volatility targeting, decrement drag and potential principal loss.
GS Finance Corp, guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable notes linked to Palo Alto Networks, Seagate Technology and Palantir Class A shares. The notes pay variable monthly coupons based on each stock’s price relative to its initial level.
Investors receive the maximum coupon of $7.917 per $1,000 (about 9.5% per year) when all stocks are at or above 70% of their initial prices, and only $0.209 (about 0.25% per year) if any stock falls below that trigger. The notes can be automatically called from 2027 through early 2031, returning principal plus the applicable coupon. At maturity in 2031, holders receive $1,000 per note plus the final coupon, subject to the credit risk of GS Finance Corp and its guarantor. The estimated initial value is between $885 and $925 per $1,000 face amount.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering non-interest-bearing structured notes linked to an equally weighted basket of four tech stocks: CrowdStrike, Microsoft, Palo Alto Networks and Snowflake.
The notes offer 125% upside participation above the basket’s initial level, a 15% downside buffer, and may be automatically called in 2027 for at least $1,204 per $1,000 face amount if the basket is at or above its initial level. If not called, they mature in 2028 with repayment ranging from full principal to significant loss depending on the basket’s final level. The issuer’s estimated initial value is between $900 and $930 per $1,000 face amount, reflecting fees and pricing model assumptions.
The Goldman Sachs Group, Inc. is offering fixed-to-floating rate notes that pay a fixed 4.37% per annum from March 13, 2026 to June 13, 2026, with interest paid monthly on the 13th.
From June 13, 2026 to April 13, 2027, the notes bear a floating rate equal to compounded SOFR plus 0.15%, subject to a 0.00% minimum rate, also paid monthly. Each note has a $1,000 denomination, matures on April 13, 2027, and is an unsecured obligation of Goldman Sachs, subject to its credit risk and not insured by the FDIC.
The notes are not redeemable before maturity and will not be listed on an exchange, so liquidity may be limited. The issuer may later sell additional notes at different prices. For U.S. tax purposes, the notes are expected to be treated as variable rate debt instruments with potential original issue discount, and Goldman Sachs or affiliates may hedge using SOFR-linked instruments.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering medium-term, S&P 500®-linked notes with an approximately eighteen‑month maturity and $10 principal per unit, with a $100,000 minimum purchase.
If the S&P 500® Ending Value is less than or equal to the Starting Value, investors receive their $10 principal plus a fixed "Digital Payment" of 10.00%–15.00%. If the index rises but stays at or below 115.00% of the Starting Value, the notes pay a positive return equal to that percentage increase.
If the index ends above 115.00% of the Starting Value, principal is reduced with 1‑to‑1 negative exposure above that threshold, subject to a Minimum Redemption Amount of $1.50 per unit, so investors can lose most of their principal. The notes pay no periodic interest, have limited secondary market liquidity, and all payments are subject to the credit risk of GS Finance Corp. and its parent guarantor. The initial estimated value is expected between $9.25 and $9.55 per $10 principal amount, below the $10 public offering price.
GS Finance Corp. is offering autocallable equity-linked notes due February 22, 2028 guaranteed by The Goldman Sachs Group, Inc. The notes reference four stocks: Alphabet (GOOG), Microsoft (MSFT), NVIDIA (NVDA) and Tesla (TSLA).
Notes pay no interest, may be automatically called monthly if all underliers close at or above initial levels on a call observation date, and cap upside (maturity premium 16.20%) while exposing holders to downside tied to the lesser performing underlier.
GS Finance Corp. priced Market Linked Securities linked to Robinhood Markets, Inc. (Class A) with a $1,000 face amount per security and an original offering totaling $500,000 face amount. The securities pay a $22.50 monthly contingent coupon per $1,000 (a stated contingent coupon rate of 27.00% per annum) only if the underlying stock's closing price on each calculation day is at or above the coupon threshold (60% of the starting price). The securities are auto-callable if the stock closing price on any call date from August 2026 through January 2027 is greater than or equal to the starting price $82.82, in which case holders receive face amount plus a final contingent coupon. If not called, maturity payment depends on the ending price relative to the downside threshold (60% of the starting price); an ending price below that threshold results in proportional principal loss, possibly up to total loss. Estimated value at pricing was approximately $951 per $1,000 face amount. Payments are subject to issuer and guarantor credit risk and there is no exchange listing.