Welcome to our dedicated page for GOLDMAN SACHS GROUP SEC filings (Ticker: GS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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. plans to issue no‑coupon notes linked to the VanEck BDC Income ETF (BIZD), guaranteed by The Goldman Sachs Group, Inc. The notes pay at maturity based on BIZD’s performance from the initial level (set on the trade date, expected November 18, 2025) to the final level on the determination date (expected November 18, 2030), with maturity expected on November 21, 2030.
If the ETF return is positive or zero, you receive the maximum upside settlement amount of $1,287.5 per $1,000. If the ETF is down but by no more than 50%, you receive the absolute percentage decline as a positive return. If the ETF falls by more than 50%, your payoff declines one‑for‑one with the ETF, and you could lose a substantial portion or all of your investment.
The filing highlights credit risk of GS Finance Corp. and the guarantor, no dividends or interest, a 50% trigger buffer level, and an estimated value of $850–$890 per $1,000 at pricing. The notes will not be listed, and any market making by Goldman Sachs & Co. LLC may be discontinued at any time.
Goldman Sachs (GS), via GS Finance Corp., is offering Autocallable Contingent Coupon Equity‑Linked Notes due 2028, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes are linked to the common stock of UnitedHealth Group (UNH). They may be automatically called on quarterly observation dates if UNH’s closing level is greater than or equal to the initial level, returning $1,000 per note plus any coupon then due.
Coupons are contingent, paying on a quarterly schedule only if UNH’s closing level on the observation date is at or above the coupon trigger level of 60% of the initial level. If not called, at maturity on November 30, 2028, investors receive $1,000 per note if the final level is at or above the trigger buffer level of 60%; otherwise, repayment falls one‑for‑one with UNH’s decline, which can result in losing the entire investment. Key dates include trade date November 25, 2025; original issue date November 28, 2025; and determination date November 27, 2028.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER, a highly leveraged, rules-based futures index with a daily 6% per annum decrement.
The notes target quarterly contingent coupons of 2% (up to 8% per year) when the index is at least 55% of its initial level, and can be automatically called beginning in August 2026 if the index is at least 84% of its initial level, returning principal plus the applicable coupon. If the notes are not called and the index finishes below 55% of its initial level at maturity in November 2030, investors lose principal in line with the index decline and can lose their entire investment. The estimated value on the trade date is expected to be $885–$925 per $1,000 face amount, reflecting structuring costs, leverage and the complex index design.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering notes linked to the iShares Bitcoin Trust ETF (IBIT) with an aggregate face amount of $437,000 on the original issue date. The notes pay a contingent monthly coupon of $11.875 per $1,000 (1.1875% monthly, up to 14.25% per year) only when the ETF’s closing level on the observation date is at least 60% of the initial level of $58.88; otherwise no coupon is paid.
The notes are callable at the issuer’s option at 100% of face amount plus any due coupon on monthly payment dates from May 2026 through October 2030. If not redeemed, at maturity in November 2030 holders receive $1,000 per note plus the final coupon if the ETF’s final level is at least 60% of the initial level; if it is lower, repayment is reduced one-for-one with the ETF loss and can fall to zero.
The estimated value at pricing is approximately $896 per $1,000 face amount. Payments depend on the credit of GS Finance Corp. and Goldman Sachs and expose holders to the significant volatility, regulatory and operational risks associated with bitcoin through the ETF.
Goldman Sachs Group (GS) plans a primary offering of Medium-Term Notes, Series N, as Callable Fixed Rate Notes due 2045. The notes pay 5.50% per annum from the original issue date (expected November 28, 2025) to the stated maturity date (expected November 28, 2045), with semiannual interest on May 28 and November 28, first payable on May 28, 2026.
The notes are callable at the issuer’s option, in whole but not in part, on each February 28, May 28, August 28 and November 28 on or after November 28, 2027, at 100% of principal plus accrued interest, with at least five business days’ notice. Interest accrues using the 30/360 (ISDA) day-count convention. There is no sinking fund, and holders do not have put rights.
Distribution is through Goldman Sachs & Co. LLC and InspereX LLC, with market-making expected but not assured. The notes are unsecured senior debt, not bank deposits, and not FDIC insured. Certain EEA/UK retail and other jurisdictional offering restrictions apply; FATCA withholding rules generally apply.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., filed a preliminary 424(b)(2) for market‑linked, no‑coupon notes tied to an equally weighted basket of 8 large‑cap stocks. The notes can be automatically called if the basket’s closing level on the call observation date is at least the initial basket level of 100, paying ≥ $1,170.5 per $1,000 on the expected call payment date. If not called, the notes mature in 2027 with outcomes based on the basket return.
At maturity, investors receive: (i) $1,000 plus 125% of positive basket return; (ii) $1,000 if the basket is down up to 15%; or (iii) a loss beyond the 15% buffer using a ~117.65% buffer rate. The estimated value on trade date is expected between $900 and $930 per $1,000 face amount. The basket equally weights Constellation Energy, Eaton, Equinix, Freeport‑McMoRan, NextEra Energy, Quanta Services, Vertiv, and Vistra. Key dates are expected to be: trade on Nov 14, 2025, issue on Nov 19, 2025, call observation on Nov 27, 2026, determination on Nov 15, 2027, and maturity on Nov 18, 2027.
GS Finance Corp. is offering $1,000,000 aggregate face amount of zero‑coupon, auto‑callable notes linked to an equally weighted basket of five stocks: Advanced Micro Devices, AppLovin (Class A), Astera Labs, Robinhood Markets (Class A) and Vertiv (Class A). The notes mature on November 15, 2030, unless automatically called on observation dates beginning November 9, 2026 if the basket closes at or above the initial level of 100.
If called, each $1,000 pays $1,000 plus a call premium (e.g., 16.75% on the first call date). If not called, maturity pays: full upside at a 100% participation when the basket is flat or higher; $1,000 if the decline is within the 50% trigger buffer; or one‑for‑one downside if the basket falls more than 50%. The notes do not bear interest and dividends on the stocks are not passed through.
The estimated value is approximately $894 per $1,000 at the trade date; original issue price is 100%, underwriting discount 4.125%, and net proceeds 95.875% of face. Minimum denomination is $1,000. The notes are issued by GS Finance Corp. and fully guaranteed by The Goldman Sachs Group, Inc.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering S&P 500® Index-linked notes with an aggregate face amount of $1,302,000. The notes do not pay interest and your payment depends entirely on index performance.
The notes may be automatically called on November 25, 2026 if the S&P 500 closing level on November 20, 2026 is at or above the initial level of 6,728.80, in which case you receive $1,080 per $1,000 face amount. If not called, at maturity in November 2028 you receive a cash amount based on the index: for gains, you participate at an upside rate of 187.15%; for flat to mildly negative performance down to a 10% buffer, you receive your $1,000 back.
If the index falls more than 10% below the initial level, losses accelerate using a buffer rate of about 111.11%, and you could lose your entire investment. The original issue price is 100% of face, including a 2% underwriting discount, and tax treatment is uncertain, with the notes intended to be treated as pre-paid derivative contracts.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $2,966,000 aggregate face amount of basket‑linked notes under a 424(b)(2) prospectus supplement. The notes pay no interest and reference an equally weighted basket of seven large‑cap stocks with an initial basket level of 100. Trade date is November 7, 2025 and original issue date is November 13, 2025.
The notes are automatically called if, on November 20, 2026, the basket is at or above the initial level, paying $1,175.5 per $1,000 on November 25, 2026. If not called, at maturity on November 12, 2027 holders receive: (i) $1,000 plus 125% of any basket gain; (ii) $1,000 if the basket decline is up to 20%; or (iii) a reduced amount if the decline exceeds 20%, using a 125% buffer rate.
The estimated value is ~$944 per $1,000 at pricing. Underwriting discount is 1.5% (net proceeds 98.5% of face). Denominations are $10,000 and $1,000 increments. Payments are subject to the credit of GS Finance Corp. and the guarantor; investors forgo dividends and may face limited liquidity and principal loss.
The Goldman Sachs Group, Inc. is offering callable fixed rate notes due 2032 under its Medium-Term Notes, Series N program. The notes are expected to pay interest at 4.55% per annum from the original issue date, expected to be November 28, 2025, to the stated maturity date, expected to be November 12, 2032.
Interest is expected to be paid annually on November 28 and at maturity, using a 30/360 (ISDA) day count convention. Goldman Sachs may, at its option, redeem the notes in whole (but not in part) at 100% of principal plus accrued interest on quarterly redemption dates beginning February 28, 2027, upon at least five business days’ notice. The notes will be issued in book-entry form through DTC, are unsecured obligations of Goldman Sachs, are not bank deposits, and are not insured by the FDIC or any governmental agency.