GOLDMAN SACHS GROUP INC SEC Filings

GS Finance Corp. is offering Buffered S&P 500® Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and settle in cash at maturity based on the S&P 500® Index performance from the trade date to the determination date, subject to a 20% buffer (buffer level 80% of initial) and a maximum upside settlement amount of at least $1,190 per $1,000 face amount. Trade date and determination date are July 31, 2026 and July 31, 2028, respectively; stated maturity is August 3, 2028. If the final index level is down but within the 20% buffer, the notes pay the absolute value of the index decline as a positive return; if the final level is below the buffer, losses are 1% per 1% decline beyond the buffer and investors can lose a substantial portion of principal.

GS Finance Corp. is offering $11,668,000 of callable, index-linked notes due June 30, 2033, fully guaranteed by The Goldman Sachs Group, Inc. The cash settlement at maturity (if not automatically called) depends on the Goldman Sachs Momentum Builder® Focus ER Index (Bloomberg: GSMBFC5 Index). The notes pay no periodic interest, have a 100% upside participation rate, and are subject to an automatic call if the index closing level on any call observation date is at or above a call level of 101.25%. If called, holders receive $1,000 plus a call premium (10%–60% depending on the call date). If not called, holders receive $1,000 if the index return is zero or negative; otherwise they receive $1,000 plus participation in positive index performance subject to index deductions, volatility and momentum controls, and a 0.65% per annum deduction applied in the index methodology. The offering price equals face amount less a 4.375% underwriting discount, and GS&Co.’s estimated value on the trade date was $899 per $1,000 face amount.

GS Finance Corp. is offering structured, callable notes linked to four large-cap stocks (NVIDIA, Meta Platforms, Broadcom and Alphabet) that mature on June 30, 2031. Each $1,000 note pays a monthly coupon of $8.00 if on the related coupon observation date every index stock is at least 75% of its initial price; notes are automatically called if on any call observation date every index stock is at least 95% of its initial price. Trade date is June 25, 2026; original issue date June 30, 2026. Estimated value on the trade date was approximately $956 per $1,000 face amount. The offering is subject to issuer and guarantor credit risk, discretionary determinations and anti-dilution adjustment mechanics by Goldman Sachs & Co. LLC, the calculation agent.

GS Finance Corp. is offering structured, principal-at-risk notes tied to the MSCI EAFE Index that are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity depends on the index performance from the trade date to the determination date.

Key terms include an upside participation rate of 106.3%, a buffer level of 80% (buffer amount 20%), an aggregate face amount of $1,563,000, a trade date of June 25, 2026 and a stated maturity on June 28, 2029. If the final underlier level falls below the buffer level, holders suffer a pro rata loss of principal; if it rises, holders receive the face amount plus the upside participation applied to the underlier return.

GS Finance Corp. priced $1,330,000 of Jump Securities with an auto-callable feature due June 29, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes reference the worst-performing of Marvell, Micron and Intel and are principal at risk.

Each $1,000 security may be automatically called on specified observation dates for a cash payment including a call premium; if not called, maturity pay depends on the worst-performing stock versus a 50.00% downside threshold. Estimated model value at pricing was approximately $945 per security; original issue price was 100% of principal.

GS Finance Corp. is offering Autocallable Contingent Coupon Equity-Linked Notes due 2031, fully guaranteed by The Goldman Sachs Group, Inc. The notes reference the common stock of Amazon.com, Inc., Microsoft Corporation and NVIDIA Corporation and are trade dated July 2, 2026 with an original issue date of July 8, 2026.

The notes pay a contingent monthly coupon of $8 per $1,000 face amount when each underlier is at or above its coupon trigger level (82.3% of initial underlier level) on a coupon observation date. The notes are automatically called on a call payment date if each underlier is at or above its initial underlier level on the related call observation date. The pricing supplement states an estimated value on the trade date of $885 to $925 per $1,000 face amount and identifies the CUSIP 40054XEN4.

GS Finance Corp. launches structured notes linked to the S&P 500® Futures Volatility Plus Daily Risk Control Index with a stated maturity of June 30, 2031. The notes pay a monthly coupon only if the index on an observation date is at least 85% of the initial index level 985.22 and will be automatically called if the index on any call observation date is greater than or equal to 985.22. At maturity, if the final index return is below -15% (final level below 85% of initial), principal is reduced linearly by the index shortfall; if the final level is at or above the buffer level, holders receive the face amount plus any final coupon. The pricing supplement shows an original issue price of 100%, an underwriting discount of 3.75%, aggregate face amount of $1,509,000, and an estimated model value of approximately $934 per $1,000 face amount on the trade date. These notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and subject to issuer and market risks described in the supplement.

GS Finance Corp. offers callable S&P 500® Index-linked notes due June 30, 2032, guaranteed by The Goldman Sachs Group, Inc. The notes have a $1,000 face amount per note, aggregate initial face amount of $3,925,000, trade date June 25, 2026 and original issue date June 30, 2026. They pay no interest and repay at maturity either (i) $1,000 plus $1,000 × index return × 100% if the S&P 500 final level on the determination date exceeds the initial level of 7,357.49, or (ii) $1,000 if the index return is zero or negative. The issuer may redeem the notes on listed call payment dates beginning June 30, 2027 at 100% of face plus a specified call premium (call premiums are listed in the supplement). The estimated value on the trade date was approximately $948 per $1,000 face amount; original issue price is 100% with an underwriting discount of 4.125% (net proceeds 95.875%). The calculation agent is Goldman Sachs & Co. LLC and the notes are subject to the credit risk of GS Finance Corp. and the guarantor. Tax treatment: treated as contingent payment debt instruments with a comparable yield of 4.965% per annum.

GS Finance Corp. priced two separate tranches of Buffered Index-Linked Notes (one linked to the S&P 500®, one to the Russell 2000®) guaranteed by The Goldman Sachs Group, Inc. Each note has a 100% participation rate, an 85% buffer level (15% buffer amount) and a capped maximum settlement amount set on the trade date. The trade date is expected to be July 28, 2026, original issue date July 31, 2026 and stated maturity July 31, 2031. The S&P-linked tranche has a maximum settlement amount of at least $1,652.5 per $1,000 face amount and the Russell-linked tranche at least $2,000 per $1,000 face amount. Estimated per-$1,000 values at pricing date are shown as $885 to $935. Notes do not bear interest and are subject to issuer and guarantor credit risk and caps/buffers that limit upside and may result in substantial principal losses.