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., guaranteed by The Goldman Sachs Group, Inc., is offering $1,585,000 of leveraged buffered notes linked to the Invesco QQQ ETF, maturing on February 8, 2029. The notes pay no interest and repay principal based solely on the ETF’s level on the determination date.
For each $1,000 note, investors receive: full principal plus 68% of any positive ETF return; full principal if the ETF has fallen by up to 30%; or a loss equal to the ETF decline beyond 30%, so a large drop can significantly erode principal. The initial ETF level is $626.14, with a 30% buffer level set at 70% of that value.
The estimated value at pricing is about $976 per $1,000 face amount, below the 100% issue price, reflecting fees, hedging and funding costs. The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and are subject to their credit risk and secondary-market and liquidity risks described in the document.
GS Finance Corp., guaranteed by The Goldman Sachs Group, is offering autocallable contingent coupon index-linked notes tied to the Russell 2000®, S&P 500®, EURO STOXX 50® and Nikkei 225.
The notes pay a monthly coupon of $10 per $1,000 face amount (1% monthly, up to 12% per annum) only if on each observation date every index is at or above 70% of its initial level. Starting in May 2026, the notes are automatically called if all indices are at or above their initial levels, returning principal plus the applicable coupon.
If not called, the notes mature in April 2029. Principal repayment depends solely on the worst-performing index: investors are fully protected down to a 30% decline, but if any index falls more than 30%, repayment is reduced using a buffer rate of approximately 142.86%, and investors can lose up to their entire investment. The estimated value on the trade date is expected to be between $922 and $962 per $1,000 face amount, reflecting structuring costs and dealer compensation.
The Goldman Sachs Group, Inc. is offering callable fixed rate notes due 2046 under its Medium-Term Notes, Series N program. The notes are expected to be issued on February 23, 2026 and pay interest at a fixed rate of 5.80% per annum from the original issue date to, but excluding, the stated maturity date, expected to be February 23, 2046.
Interest is expected to be paid annually on each February 23, beginning on February 23, 2027. Goldman Sachs may, at its option, redeem the notes in whole (but not in part) on each February 23, May 23, August 23 and November 23 on or after February 23, 2028 at 100% of the outstanding principal amount plus accrued and unpaid interest to, but excluding, the redemption date.
The notes are senior debt issued in book-entry form through DTC, have no sinking fund, and investors cannot require early repayment. They are not bank deposits, are not insured by the FDIC or any governmental agency, and are subject to U.S. tax rules including FATCA. Goldman Sachs & Co. LLC and InspereX LLC act as underwriters, with the initial price to the public potentially varying for certain retirement and fee-based advisory accounts and with detailed selling restrictions in the EEA, United Kingdom, Hong Kong, Singapore, Japan and Switzerland.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering leveraged buffered notes linked to the S&P 500® Index, maturing in 2028. Each note has a $1,000 face amount and pays no interest.
At maturity, if the index is above its initial level, investors receive $1,000 plus 200% of the index gain, capped at a maximum settlement amount of $1,205 per $1,000. If the index is flat or down by up to 15%, investors receive back the $1,000 face amount. If the index falls more than 15%, principal is reduced 1% for each additional 1% decline, so investors can lose a substantial portion of their investment. The notes carry the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., may trade below face value before maturity, and have uncertain U.S. tax treatment.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering leveraged buffered notes linked to a weighted equity index basket instead of paying interest. The basket blends the S&P 500 (41%), MSCI EAFE (23%), S&P MidCap 400 (15%), Russell 2000 (12%) and MSCI Emerging Markets (9%).
At maturity in 2028, investors receive 1.5x any positive basket return, capped at a maximum cash payment of $1,280 per $1,000 face amount if the basket rises to about 118.667% of its initial level or higher. A 5% downside buffer protects full principal if the basket decline is 5% or less, but beyond that losses track the basket return plus 5%, so investors can lose a substantial portion of principal.
The notes are unsecured obligations exposed to the credit risk of GS Finance Corp. and its parent guarantor. The estimated value at pricing is expected between $925 and $965 per $1,000, reflecting embedded fees, market-making spreads and the issuer’s pricing models, and secondary market liquidity is not assured.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering leveraged callable notes linked to the S&P 500® Futures Excess Return Index, maturing in February 2033. The notes pay no interest and return at least the $1,000 face amount at maturity, subject to issuer and guarantor credit risk.
If the index rises, holders receive 3.69× the index gain on top of principal; if it is flat or down, they receive only principal. The issuer may redeem the notes monthly from February 2027 to January 2033 at 100% of face amount plus a fixed call premium that steps up over time. The estimated value at pricing is expected between $885 and $925 per $1,000 face amount.
GS Finance Corp. is offering unsecured market-linked notes, guaranteed by The Goldman Sachs Group, Inc., tied to Robinhood Markets’ Class A stock and maturing on February 11, 2027.
Each $1,000 note can pay a monthly contingent coupon of at least $22.5 (27.00% per annum) if Robinhood’s stock closes at or above 60% of the starting price on the monthly calculation day. From August 2026 to January 2027, if the stock closes at or above the starting price on a call date, the notes are automatically redeemed at face value plus the coupon.
If not called, investors receive $1,000 at maturity only if the final stock price is at least 60% of the starting price; otherwise, repayment is $1,000 times the stock performance factor, meaning losses greater than 40% and potentially the entire principal. Investors do not participate in any stock gains or dividends, and all payments depend on the credit of GS Finance Corp. and its guarantor. The initial estimated value is $925–$955 per $1,000, below the $1,000 issue price.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $500,000 of stock-linked notes tied to Adobe, Salesforce and ServiceNow. The notes can pay contingent monthly coupons of $8.459 per $1,000 face amount per observation date, but only when each stock closes at or above 70% of its initial level.
The notes may be automatically called quarterly if each stock is at or above its initial level, returning $1,000 per note plus any due coupon. At maturity in 2030, if not called, principal repayment depends on the worst-performing stock, with a 40% buffer down to 60% of its initial level.
If the worst stock finishes below 60% of its initial level, repayment falls in line with that decline, with examples showing returns as low as 40% of face value, meaning substantial loss of principal is possible. The issue price includes a 0.85% underwriting discount and exceeds the model-based estimated value, and investors face the credit risk of both GS Finance Corp. and The Goldman Sachs Group, Inc., as well as uncertain U.S. tax treatment.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering zero-coupon notes linked to the common stock of NVIDIA Corporation. The notes may be automatically called on the call observation date if NVIDIA’s stock is at or above the initial index stock price, paying $1,180 per $1,000 face amount on the call payment date.
If not called, the maturity payment depends on NVIDIA’s stock performance: an upside participation rate of 118% for gains, an absolute return if the stock declines by up to 20%, and losses if it falls by more than 20%, so investors can lose substantial principal. The structure includes anti-dilution adjustments, market disruption provisions, and is subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc. The estimated value at pricing is expected to be between $925 and $965 per $1,000 face amount.
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. The notes pay no interest and may be automatically called quarterly starting in February 2027 if the index closes at or above 85% of its initial level, returning principal plus a fixed call premium.
If not called, repayment in February 2031 depends on index performance. A final level at or above 85% of the initial level pays a capped maximum of $1,875.04 per $1,000 face amount. A decline of up to 40% returns principal; below that, losses match the index decline and can reach 100% of invested principal. The underlier uses up to 500% leverage and a 6% annual decrement, which can magnify losses and drag performance. The estimated initial value is between $885 and $935 per $1,000, below the issue price, reflecting fees, hedging and issuer funding economics, and the notes carry the credit risk of GS Finance Corp. and its guarantor.