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., fully guaranteed by The Goldman Sachs Group, Inc., is offering Medium-Term Notes, Series F linked to the common stock of Marvell Technology, Inc. The aggregate face amount is $1,200,000, issued at 100% of face with a 2.35% underwriting discount (net proceeds 97.65%).
For each $1,000 note, investors may receive contingent quarterly coupons only if Marvell’s share price on the observation date is at or above the coupon trigger level, set at 50% of the initial level. The initial underlier level is $163.40. The notes are subject to an automatic call feature: if the stock closes at or above the initial level on any call observation date, the notes are redeemed early at $1,000 plus any due coupon.
At maturity, if not called, investors receive $1,000 per note only if the final stock level is at or above the 50% trigger buffer level. Below that level, repayment is reduced one-for-one with the stock’s decline, and investors can lose their entire investment. The notes carry issuer and guarantor credit risk, may have limited or no secondary market, and involve uncertain and complex U.S. tax treatment.
GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., is offering S&P 500®-linked medium-term notes with an aggregate face amount of $2,000,000. The notes do not pay interest and repay a cash amount at maturity based on the S&P 500 Index performance from the trade date to the determination date.
For each $1,000 note, if the final index level is at or above the initial level (7,437.63), the payoff is $1,000 plus the index return, capped at a maximum upside settlement amount of $1,470. If the index declines but remains at or above the buffer level of 85% of the initial level, investors receive $1,000 plus the absolute value of the index return. If the index falls below the buffer level, investors lose 1% of face value for each 1% decline below the buffer, and may receive substantially less than face value at maturity.
The notes are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., may trade below face value before maturity, and will not be listed on any securities exchange. U.S. tax treatment is uncertain; the issuer and its counsel view the notes as pre-paid derivative contracts for tax purposes.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering $250,000 of structured notes linked to the Dow Jones Industrial Average, Russell 2000 Index and VanEck Semiconductor ETF. The notes pay no interest and may be automatically called on scheduled observation dates if all three underliers are at or above their initial levels, returning principal plus a fixed call premium that steps up over time.
If not called, the maturity payoff depends only on the lesser performing underlier. If that underlier is at or above its initial level, investors receive principal plus a capped 77.2524% maturity premium. If it is between 70% and 100% of its initial level, principal is returned. Below the 70% trigger buffer, repayment equals principal multiplied by the lesser performing underlier return, which can lead to a total loss of invested principal. The notes are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., are not listed on any exchange, and their estimated value at pricing is lower than the 100% issue price. The filing highlights significant market, liquidity and tax uncertainties, including potential application of constructive ownership rules.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is issuing Medium-Term Notes, Series F linked to the S&P 500® Futures Excess Return Index with an aggregate face amount of $1,927,000. The notes have an original issue price of 100% of face, an underwriting discount of 0.85% and net proceeds of 99.15% of face.
The notes may be automatically called on August 11, 2027 if the index on the August 6, 2027 call observation date is at or above the initial level of 594.70, paying a fixed $1,123 per $1,000 face amount. If not called, the August 2, 2029 maturity payment depends on index performance, with a 150% upside participation rate above the initial level, full principal protection down to a 75% buffer level, and losses below that level at a 1:1 rate with index declines beyond the 25% buffer.
The notes do not bear interest, are subject to the credit risk of GS Finance Corp. and the guarantor, and are not listed on any exchange. The estimated value at pricing is less than the issue price, secondary market prices may be significantly lower than face, and investors may lose a substantial portion of their investment. Tax treatment as a pre-paid derivative contract is uncertain, and the product entails futures-specific risks such as negative roll yield and differences between futures and spot index performance.
GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., is offering S&P 500® Index-linked Medium-Term Notes, Series F, with an aggregate face amount of $400,000. Each note has a $1,000 face amount and pays no interest.
At maturity, for each $1,000 note investors receive: the maximum settlement amount of $1,157.50 if the S&P 500® final level is at or above the trigger buffer level of 80% of the initial level; otherwise $1,000 plus $1,000 × the underlier return, leading to a dollar-for-dollar loss below the initial level and potential total loss of principal. Upside is capped, so gains above the cap are not passed through.
The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor, are not listed, may have limited or no secondary market, and their estimated value at pricing is lower than the 100% issue price due to fees and structuring costs. Tax treatment is uncertain; the issuer and its counsel view the notes as a pre-paid derivative contract, but the IRS could assert a different characterization.
GOLDMAN SACHS GROUP INC (GS), via GS Finance Corp., is offering unsecured index-linked notes due January 29, 2030 with an aggregate face amount of $572,000, linked to the Bloomberg Bitcoin 4% Decrement ER Index, which references the iShares Bitcoin Trust ETF.
The notes pay no interest. At maturity, investors receive leveraged upside of 150% of index gains, capped at a maximum settlement amount of $4,400 per $1,000 note (cap level about 326.667% of the initial index level). A 15% buffer protects principal only against moderate declines; below that, losses are 1:1 beyond the buffer and a substantial loss of principal is possible. The index embeds an excess‑return and 4% decrement feature, which structurally drags performance and can cause underperformance even when bitcoin or the ETF rise.
The original issue price is 100% of face, with a 1% underwriting discount and 99% net proceeds to the issuer. The estimated value at pricing is approximately $926 per $1,000, reflecting fees and model assumptions. Payments are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.
Goldman Sachs Group, Inc. (GS), via GS Finance Corp., is offering auto-callable Medium-Term Notes, Series F, linked to the Goldman Sachs Momentum Builder Focus ER Index, fully and unconditionally guaranteed by Goldman Sachs. The notes have a total aggregate face amount of $49,677,000, trade on July 28, 2026, and mature on July 29, 2033, unless automatically called earlier.
The notes pay no interest. If on any annual call observation date the index closes at or above a rising call level (starting at 100.50% of the initial index level), the notes are automatically called and pay $1,000 plus a fixed call premium (from 10.85% up to 65.10%) per $1,000. If never called, at maturity investors receive $1,000 plus 100% of any positive index return; if the index is flat or down, they receive only the $1,000 face amount, subject to issuer and guarantor credit risk.
The index is a rules-based, volatility- and momentum-controlled strategy with a 5% volatility target and a 0.65% per annum deduction, often heavily allocated to cash-like positions, which can dampen returns. The notes are priced at 100% of face, but Goldman’s estimated value on the trade date is $896 per $1,000, reflecting fees and hedging costs. For U.S. tax purposes, the notes are treated as contingent payment debt instruments, requiring accrual of ordinary income based on a 5.3521% comparable yield and a projected maturity payment of $1,454.68 per $1,000, regardless of actual payments.
GOLDMAN SACHS GROUP INC (GS), via GS Finance Corp., is issuing principal-protected index-linked notes under its Series F medium-term note program, fully and unconditionally guaranteed by Goldman Sachs. The notes pay no coupons and return at least the $1,000 face amount at maturity, subject to issuer and guarantor credit risk.
The payoff on January 31, 2030 depends on the Goldman Sachs Momentum Builder Focus ER Index (GSMBFC5). For each $1,000, investors receive $1,000 plus 482% of the positive index return if the final index level on January 28, 2030 exceeds the initial level of 113.24; otherwise they receive only $1,000. The index is a rules-based, daily rebalanced multi-asset strategy with volatility and momentum risk controls and an annual deduction of 0.65%, and often holds large cash positions that can materially reduce performance.
Aggregate face amount is $3,295,000, issued at 100% with a 3.12% underwriting discount and 96.88% net proceeds to the issuer. The notes are treated as contingent payment debt instruments for U.S. tax purposes, with a comparable yield of 5.0125% per annum and a projected payment at maturity of $1,192.42 per $1,000 for tax accruals. Estimated value at pricing is lower than the issue price, and secondary market liquidity is not assured.
GOLDMAN SACHS GROUP INC (GS), via GS Finance Corp., is issuing fixed-coupon buffered notes linked to the S&P 500® Volatility Plus Daily Risk Control Index, with an aggregate face amount of $1,405,000. The notes pay a fixed coupon of $15 per $1,000 (1.5% quarterly, up to 6% per year) on the last calendar day of January, April, July and October from October 2026 to maturity.
The trade date is July 28, 2026, original issue date July 31, 2026, and stated maturity date July 31, 2029. At maturity, in addition to the final coupon, investors receive $1,000 per $1,000 face if the index is at or above 85% of the initial level of 7,273.67. Below that buffer, principal is reduced linearly according to the index return plus the 15% buffer, down to 15% of face if the index falls to zero, so investors can lose a substantial portion of principal and do not participate in any upside above 100% of face.
The index provides leveraged exposure (100%–200%) to the S&P 500® based on a dynamic volatility target, making it more volatile than the S&P 500® Index and increasing downside risk. The original issue price is 100% of face, with a 3% underwriting discount and 97% net proceeds to the issuer; the estimated value at pricing is $952 per $1,000. Payments are unsecured obligations of GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., and are subject to their credit risk and complex, uncertain U.S. tax treatment.
GOLDMAN SACHS GROUP INC (GS), via GS Finance Corp., is offering index-linked Medium-Term Notes, Series F, fully and unconditionally guaranteed by Goldman Sachs. The notes have an aggregate face amount of $2,157,000, priced at 100% of face with a 3.25% underwriting discount, yielding 96.75% net proceeds to the issuer. Payments at the August 2, 2029 stated maturity depend on the Goldman Sachs Momentum Builder Focus ER Index (GSMBFC5 Index).
For each $1,000 note, investors receive the greater of (i) face amount or (ii) face plus 420% of any positive index return from the trade date to the July 30, 2029 determination date; there is no downside below par at maturity but the notes pay no periodic interest and can trade below par before maturity. The initial index level is 113.24. The index is a rules-based, daily rebalanced multi-asset strategy with a 5% realized volatility control, momentum risk control, and significant potential allocation to cash-like positions, all subject to an annual deduction of 0.65% (accruing daily) on an excess-return basis over the federal funds rate.
The notes are senior unsecured obligations of GS Finance Corp., subject to the credit risk of both GS Finance Corp. and The Goldman Sachs Group, Inc. For U.S. tax purposes they are treated as contingent payment debt instruments, using a comparable yield of 4.96% per annum and a projected maturity payment of $1,161.15 per $1,000, causing taxable accrual of ordinary income over the term even though cash is only received at maturity.