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 $1,085,000 of autocallable index-linked notes due 2029. The notes pay no interest and may be automatically called on January 22, 2027 if the S&P 500, Nasdaq‑100 and Russell 2000 are each at or above their initial levels, triggering a fixed payment of $1,120 per $1,000 on January 29, 2027.
If not called, the maturity payoff in 2029 depends on the worst-performing index. If all three finish above their initial levels, investors receive 1.25x that worst index’s gain. If any index is at or below its initial level but all are at least 65% of initial, investors get the absolute value of the worst index’s return. If any index ends below 65% of its initial level, principal is reduced one‑for‑one with the worst index loss, and investors can lose their entire investment.
The notes are sold at 100% of face amount with a 1% underwriting discount, and the issuer’s estimated value at pricing is about $972 per $1,000, reflecting structuring costs and dealer margin.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering autocallable contingent coupon equity-linked notes tied to Eli Lilly common stock. Each note has a $1,000 face amount and pays quarterly coupons only if Eli Lilly’s share price on the observation date is at or above 78.5% of the initial level. The coupon formula is based on $27.5 per successful observation, net of any prior coupons.
The notes can be automatically called each quarter if the stock closes at or above its initial level, returning $1,000 per note plus the due coupon, which may shorten the investment term. If the notes are not called and Eli Lilly’s final level is below the 78.5% trigger buffer, repayment of principal is reduced one-for-one with the stock’s decline, and investors can lose their entire investment. Investors also bear the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., and the estimated value at issuance is less than the 100% issue price.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering autocallable buffered notes linked to the S&P 500 Index. The notes pay no interest, are issued in $1,000 denominations and are scheduled to mature in January 2031, unless automatically called in February 2027.
The notes are automatically redeemed at $1,100 per $1,000 face amount if on the call observation date the S&P 500 closing level is at least 105% of the initial level1.5× the index’s positive return; if it is down by up to 10%, principal is returned; if it is down more than 10%, principal is reduced at about 1.1111% for each 1% decline beyond the 10% buffer, and investors could lose their entire investment.
The notes are unsecured obligations of GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., and carry their credit risk. The estimated value at pricing is expected to be $885–$915 per $1,000 face amount, below the original issue price, and secondary market liquidity is not assured.
Goldman Sachs is offering a new structured note linked to gold miners and silver prices. The notes are issued by GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., bear no interest and are scheduled to mature on February 6, 2031, unless automatically called earlier.
The return depends on the lesser performer of the VanEck Gold Miners ETF (GDX) and the iShares® Silver Trust (SLV)February 2027 both ETFs are at or above their initial levels, the notes are automatically redeemed for $1,465 per $1,000 face amount. If not called, at maturity you get 2x the gain of the weaker ETF if both are above their initial levels, full principal back if each stays at or above 60% of its initial level, and otherwise a loss matching the weaker ETF’s decline, down to a possible total loss of principal.
The preliminary estimated value at pricing is expected to be $885–$925 per $1,000, below the issue price, reflecting fees, hedging and funding costs. Investors also take on the credit risk of both GS Finance Corp. and The Goldman Sachs Group, Inc.
Goldman Sachs’ GS Finance Corp. has issued a January 2026 index supplement for its Medium-Term Notes, Series F, and Warrants, Series G, linked to the Nasdaq-100 Technology Sector Index (NDXT). The index tracks technology companies within the Nasdaq-100 Index, is equal weighted, calculated in USD, and has been in existence since February 22, 2006 with a base value of 1000.
The filing highlights recent historical performance and risk. For the period ended January 2, 2026, the index showed annualized returns of 22.83% over 1 year and 30.38% over 3 years, alongside high annualized volatility above 26%. Comparative tables show how the index has performed relative to the broader Nasdaq-100 Index and the S&P 500 Index, while emphasizing that past performance is not a guide to future results. The supplement outlines key risks, including credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., market and concentration risk, lack of dividends and shareholder rights, and states that these securities are not bank deposits and are not FDIC insured.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is issuing Medium-Term Notes, Series F, linked to the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index with an aggregate face amount of $4,258,000. Each note has a $1,000 face amount and pays a contingent monthly coupon of $10.084 (1.0084%, or up to approximately 12.1% per year) only if on the relevant observation date the closing level of each index is at or above 70% of its initial level.
The notes can be automatically called on scheduled call dates starting in 2026 if all indices are at or above their initial levels, in which case investors receive $1,000 plus any due coupon. If the notes are not called, the maturity payment in 2029 depends solely on the index with the worst performance. If that "lesser performing" index finishes at or above 70% of its initial level, investors receive $1,000; if it finishes below 70%, principal is reduced one-for-one with the index decline and up to 100% of invested principal can be lost. Coupon payments are not guaranteed, the notes are subject to the credit risk of GS Finance Corp. and its parent, may have limited liquidity, and involve uncertain U.S. tax treatment as an income-bearing prepaid derivative contract.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering 2029 autocallable contingent coupon notes linked to three equity indices: the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index.
The notes can automatically redeem early if, on any call observation date from July 2026 onward, each index is at or above its initial level. In that case, holders receive the $1,000 face amount per note plus any coupon due, ending the investment before 2029.
Monthly coupons are contingent: they are paid only if, on the relevant observation date, each index is at or above 70% of its initial level. The coupon amount steps up over time using a formula based on $7.834 per observation date minus coupons already paid, so missed coupons are not made up.
If the notes are not called, principal repayment at maturity depends on the worst-performing index. If that index is at or above 70% of its initial level, investors receive full principal back. If it falls below 70%, repayment is reduced one-for-one with that index’s decline, and holders can lose their entire investment.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering equity-linked notes tied to the common stock of Constellation Energy Corporation. The notes have a total aggregate face amount of $1,885,000 and are issued at 100% of face value with a 1% underwriting discount, yielding 99% net proceeds to the issuer.
Each $1,000 note pays no interest and returns cash at maturity based on Constellation Energy’s stock performance from an initial level of $294.37 to a determination date in February 2027. If the final stock level is at or above 80% of the initial level, holders receive a maximum settlement amount of $1,284.60 per note, capping upside. If the final level falls below the 80% trigger buffer, principal loss is 1% for every 1% decline from the initial level, down to a complete loss of invested amount.
The notes expose investors to both stock performance risk and the credit risk of GS Finance Corp. and its parent guarantor. The estimated value at pricing is lower than the issue price, and secondary market liquidity is not assured, so investors may receive significantly less than face amount if they sell before maturity.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering leveraged buffered notes linked to the S&P 500 Futures Excess Return Index, a futures-based index tied to E‑mini S&P 500 contracts rather than the cash S&P 500 Index. The notes run from a trade date of January 30, 2026 to a stated maturity date of February 2, 2029 and are unsecured obligations subject to the credit risk of both the issuer and guarantor.
Each note has a $1,000 face amount and pays no interest. At maturity, if the index level is at or above its initial level, investors receive $1,000 plus 115% (or more) of the index gain. If the index has fallen but not below 80% of its initial level, investors gain the absolute value of the index return, effectively a 20% downside buffer. Below that 80% buffer level, principal is exposed one‑for‑one to further declines, so investors can lose a substantial portion of their investment.
The pricing supplement highlights that the estimated value of the notes at pricing will be lower than the original issue price due to fees, hedging costs and dealer margins, and that secondary market prices may be volatile and below face value. It also stresses differences between futures and spot equity exposure, potential negative roll yield, sensitivity to interest rates, limited liquidity, and uncertain U.S. tax treatment, including reliance on a prepaid derivative characterization.
Goldman Sachs is offering securities linked to the S&P 500® Daily Risk Control 5% USD Excess Return Index, a leveraged risk‑control version of the S&P 500® Total Return Index. The index dynamically increases or decreases exposure to the S&P 500® Total Return Index to target 5% volatility, allowing exposure above or below 100%, with borrowing or cash positions accruing interest at SOFR plus 0.02963%. Because this is an excess return index, any gains in the risk‑control index are reduced by this financing rate.
The methodology previously referenced overnight U.S. dollar LIBOR and switched to SOFR on December 20, 2021, so only limited performance history exists under the current rate. As of January 2, 2026, the index showed annualized returns of 1.28% over 1 year and 3.23% over 5 years, materially below the corresponding S&P 500® and S&P 500® Total Return indices. Key risks include credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., the drag from borrowing costs, potential underperformance versus the S&P 500® Total Return Index despite “risk control” branding, and uncertainties related to SOFR levels and volatility targeting.