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 index-linked notes that pay no interest and mature on January 28, 2031. The notes’ payoff depends on the lesser performance of the S&P 500® Index, the State Street® Consumer Staples Select Sector SPDR® ETF (XLP) and the State Street® Health Care Select Sector SPDR® ETF (XLV) from the expected trade date of January 23, 2026 to the determination date of January 23, 2031.
If all three underliers finish at or above their initial levels, investors receive $1,000 plus 319.25% of the gain of the worst performer. If any underlier falls below its initial level but all stay at or above 60% of initial (the trigger buffer level), investors receive only the $1,000 face amount. If any underlier closes below 60% of its initial level, repayment is reduced one-for-one with the loss of the worst performer, and investors can lose their entire principal.
The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc. The estimated value on the trade date is expected to be between $885 and $925 per $1,000 face amount, reflecting underwriting discounts, structuring fees and issuer pricing models, which may be lower than the original issue price and any secondary market price.
The Goldman Sachs Group, Inc. is offering callable fixed rate notes due 2029 that pay interest at 4.125% per annum from the expected original issue date of January 30, 2026 to the expected stated maturity date of January 30, 2029. Interest is expected to be paid once a year on January 30, beginning January 30, 2027.
Goldman Sachs may, at its option, redeem the notes in whole (but not in part) at 100% of principal plus accrued and unpaid interest on quarterly redemption dates (January 30, April 30, July 30 and October 30) starting January 30, 2027, upon at least five business days’ notice. The notes are senior unsecured debt under the Medium-Term Notes, Series N program, are not bank deposits, and are not insured by the FDIC or any government agency.
The Goldman Sachs Group, Inc. is offering medium-term Callable Fixed Rate Notes due 2036 under its Series N program. The notes are expected to be issued on January 30, 2026 and to mature on January 22, 2036. They pay interest at a fixed rate of 4.95% per annum, with payments expected annually on January 30 and at maturity, beginning January 30, 2027.
Goldman Sachs may redeem the notes at its option, in whole but not in part, on quarterly redemption dates (each January 30, April 30, July 30 and October 30) on or after July 30, 2027 at 100% of principal plus accrued interest. The notes are issued only in book-entry form through DTC and are not bank deposits, are not FDIC insured and are unsecured senior debt of Goldman Sachs.
The notes are underwritten by Goldman Sachs & Co. LLC and InspereX LLC, with flexible initial pricing for certain retirement and fee-based advisory accounts. Tax disclosure confirms interest is taxable as ordinary income and that the notes are generally subject to FATCA withholding rules. Distribution is restricted in the EEA, United Kingdom, Hong Kong, Singapore, Japan and Switzerland, and the underwriters may make a secondary market but are not obligated to do so.
The Goldman Sachs Group, Inc. is offering callable fixed rate notes due 2036 under its Medium-Term Notes, Series N program. The notes are expected to pay fixed interest of 5.05% per annum from the original issue date, expected to be January 30, 2026, to the stated maturity date, expected to be January 30, 2036. Interest is expected to be paid annually on January 30, starting January 30, 2027, using a 30/360 (ISDA) day count convention.
Goldman Sachs may redeem the notes, in whole but not in part, on specified quarterly redemption dates starting January 30, 2028 at 100% of principal plus accrued interest. The notes are unsecured senior debt issued in book-entry form through DTC, are not bank deposits, and are not insured by the FDIC or any government agency. Distribution is through Goldman Sachs & Co. LLC and InspereX LLC, with varying initial prices for certain retirement and fee-based accounts and no assurance of a liquid trading market. The documents outline U.S. federal tax treatment, FATCA withholding, conflicts of interest, and significant selling and marketing restrictions in the EEA, United Kingdom, Hong Kong, Singapore, Japan and Switzerland.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering Buffer Autocallable GEARS, unsecured notes linked to the S&P 500® Index. Each security has a $10 face amount and may be automatically called on the February 4, 2027 call observation date if the index is at or above 100.00% of its initial level, paying $10 plus an 8.00% call return on the February 9, 2027 call payment date.
If the notes are not called, they mature on January 31, 2029. At maturity, if the S&P 500® is above its initial level, investors receive $10 plus the index gain multiplied by an upside gearing expected between 1.25 and 1.40. If the index is at or below the initial level but at or above 90.00% of that level, investors receive only the $10 face amount. Below the 90.00% downside threshold, principal loss matches index losses beyond the 10.00% buffer, up to a 90.00% loss if the index goes to zero.
The securities pay no interest and do not provide dividends from the index stocks. The estimated value on the trade date is expected to be $9.40–$9.70 per $10, versus a 100.00% issue price, reflecting a 2.50% underwriting discount and structuring costs. Any payments depend on the creditworthiness of GS Finance Corp. and The Goldman Sachs Group, Inc., and there may be little or no secondary market. The minimum investment is $1,000 face amount.
The Goldman Sachs Group, Inc. is offering callable fixed rate notes due 2033 under its Medium-Term Notes, Series N program. The notes are expected to pay interest at a fixed rate of 4.60% per annum from the original issue date, expected to be January 30, 2026, to the stated maturity date, expected to be January 21, 2033. Interest is expected to be paid annually on January 30 and at maturity, with the first payment expected on January 30, 2027.
The notes may be redeemed at Goldman Sachs’ option, in whole but not in part, on specified quarterly redemption dates starting on or after July 30, 2027, at 100% of principal plus accrued and unpaid interest. The notes are issued in global form through DTC, are not bank deposits, are not FDIC insured, and are subject to U.S. federal income taxation where interest is treated as ordinary income. The distribution is led by Goldman Sachs & Co. LLC and InspereX LLC, with sales limited or restricted in several non‑U.S. jurisdictions.
The Goldman Sachs Group, Inc. is offering callable fixed rate notes due 2041 under its Medium-Term Notes, Series N program. The notes are expected to be issued on January 30, 2026 and to mature on January 22, 2041. Investors receive fixed interest of 5.25% per annum, paid annually on each January 30, starting January 30, 2027, using a 30/360 (ISDA) day count convention.
Goldman Sachs may, at its option, redeem the notes in whole (but not in part) at par plus accrued interest on quarterly redemption dates (each January 30, April 30, July 30 and October 30) beginning July 30, 2028, with at least five business days’ notice. The notes are senior unsecured obligations, issued in book-entry form through DTC, and are not bank deposits or FDIC insured.
Goldman Sachs & Co. LLC and InspereX LLC are underwriting the offering and may make a market in the notes, although they are not obligated to do so, so trading liquidity is not assured. The pricing supplement includes U.S. federal income tax treatment, notes that FATCA withholding generally applies, and imposes selling and marketing restrictions in the EEA, United Kingdom, Hong Kong, Singapore, Japan and Switzerland.
The Goldman Sachs Group, Inc. is offering callable fixed rate medium-term notes due January 30, 2031 under its Series N program. The notes are expected to be issued on January 30, 2026 and pay a fixed interest rate of 4.50% per year, with interest payable annually on January 30, beginning January 30, 2027.
Goldman Sachs may redeem the notes at its option, in whole but not in part, at 100% of principal plus accrued interest on each January 30 starting in 2027, with at least five business days’ notice. The notes will be issued only in book-entry form through DTC, have no sinking fund, and are a new issue with no established trading market. U.S. holders are generally taxed on interest as ordinary income, and the notes are subject to FATCA withholding rules. The distribution is led by Goldman Sachs & Co. LLC and InspereX LLC, with various selling restrictions in the EEA, United Kingdom, Hong Kong, Singapore, Japan and Switzerland.
The Goldman Sachs Group, Inc. is offering callable fixed rate notes due 2031 that pay interest at 4.30% per year. Interest is expected to be paid annually each January 30, starting in 2027, using a 30/360 (ISDA) day-count convention.
The notes are expected to be issued on January 30, 2026 and mature on January 21, 2031, unless Goldman Sachs redeems them earlier at its option, in whole but not in part, at 100% of principal plus accrued interest on quarterly redemption dates beginning January 30, 2027. The notes are unsecured senior debt securities issued in book-entry form through DTC, are not bank deposits, and are not insured by any government agency.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing autocallable contingent coupon equity-linked notes due January 26, 2029 tied to the common stock of Advanced Micro Devices, Inc. (AMD). For each $1,000 face amount, investors may receive a quarterly coupon of $36.25 (3.625% quarterly, the potential for up to 14.50% per year) if on the relevant observation date AMD’s stock is at or above a coupon trigger set at 50% of the initial share level; otherwise the coupon is zero.
The notes are automatically called if AMD’s closing level is at or above its initial level on any call observation date, returning $1,000 per note plus any due coupon and ending the investment early. If the notes are not called and AMD’s final level on the determination date is at or above the 50% trigger buffer, investors receive their full principal back; if it is below 50%, repayment is reduced one-for-one with AMD’s decline, and investors can lose up to 100% of principal. The original issue price is 100% of face amount, with a 2% underwriting discount and 98% net proceeds to the issuer.