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 two buffered index-linked notes, one tied to the S&P 500® Index and one to the Russell 2000® Index, with an expected trade date of January 27, 2026 and maturity in January 2031. The notes pay no interest and repay principal at maturity only if the linked index does not fall more than 15% from its initial level; beyond this 15% buffer, losses track the index decline, so investors can lose a substantial portion of their investment.
Both notes provide 100% upside participation in index gains but cap the maximum cash payment per $1,000 face amount at not less than $1,540 for the S&P 500® note and not less than $1,702.50 for the Russell 2000® note, limiting potential returns if the index rises sharply. The issuer discloses that the estimated value of each note at pricing is expected to be between $885 and $935 per $1,000, below the original issue price, and highlights credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., market-value volatility, liquidity risk, and uncertain U.S. tax treatment.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $977,000 of Nasdaq-100 and Russell 2000 linked notes that may be automatically called and do not pay interest. The notes have semi-annual call observation dates; if on any such date each index is at or above its initial level, investors receive $1,000 per note plus a fixed call premium (rising from 10.25% on the first call payment date to 25.625% on the last).
If the notes are not called, the cash settlement at maturity depends solely on the lesser performing index, with a 150% upside participation rate when both indexes finish above their initial levels. A 15% buffer protects against moderate declines, but if any index finishes below 85% of its initial level, principal loss is linear and can be substantial; the hypothetical table shows outcomes as low as 15% of face value. The notes are senior unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor. The original issue price is 100% of face, with a 3.07% underwriting discount.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $5,495,000 of contingent income notes linked to Bristol-Myers Squibb common stock. Investors receive quarterly coupons only if the stock closes at or above 70% of the $54.28 initial level on each observation date, with the coupon amount based on $28.75 per $1,000 face amount per period, net of any prior coupons paid. The notes are automatically called at par, plus any due coupon, if the stock is at or above the initial level on a call observation date starting in late 2026. If the notes are not called and the final stock level is below the 70% trigger buffer, principal is reduced one-for-one with the stock’s loss, and investors can lose their entire investment. The pricing supplement emphasizes that the modeled estimated value at issue is below the 100% issue price, that secondary market liquidity and pricing are uncertain, and that U.S. tax treatment is complex and based on an income-bearing prepaid derivative characterization.
GS Finance Corp., guaranteed by The Goldman Sachs Group, is issuing structured notes linked to Alphabet, Meta Platforms and NVIDIA stock. The notes pay no interest and have a face amount of $1,000 each, with $1,402,000 total at issuance. They can be automatically called on December 23, 2027 if each stock’s price is at least 90% of its initial level, in which case investors receive $1,200 per $1,000 on December 30, 2027. If not called, at maturity on December 31, 2030 investors receive $1,000 plus 1.25 times the gain of the worst-performing stock if all three finish above their initial prices, or just $1,000 if any finishes at or below its initial price. The estimated value at pricing is about $932 per $1,000, reflecting fees and hedging costs.
GS Finance Corp., guaranteed by The Goldman Sachs Group, is offering medium-term notes that pay a fixed coupon of $18.75 per month per $1,000 face amount (1.875% monthly, up to 22.5% per year) from January 2026 to December 27, 2027, unless redeemed earlier. The notes are linked to the stock performance of Hims & Hers Health, Inc., Oracle Corporation and Super Micro Computer, Inc., measured between December 19, 2025 and December 21, 2027.
GS Finance Corp. may redeem the notes at 100% of face amount plus the coupon on any monthly payment date from March 2026 through November 2027. If not redeemed, investors receive $1,000 per note at maturity only if the final price of each stock stays at or above 45% of its initial price. If any stock falls below that trigger level, the maturity payment is reduced in proportion to the worst-performing stock and can fall to zero, meaning investors can lose their entire principal. The initial estimated value is about $957 per $1,000 face amount, below the issue price, reflecting fees and hedging costs.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable income notes linked to Eli Lilly, Qualcomm and The Trade Desk common stocks. The notes pay a conditional coupon of $12.5 per $1,000 face amount (1.25% monthly, up to 15% per year) whenever on a monthly observation date each stock closes at or above 60% of its initial price. Starting in December 2026, the notes are automatically called if all three stocks are at or above their initial prices, returning the $1,000 face amount plus the coupon.
If not called, the notes mature on January 3, 2029. A 20% buffer applies if a “trigger event” occurs (all final stock prices below initial): if the worst stock ends below 80% of its initial price, principal is reduced in line with that stock’s loss beyond the buffer, and can fall well below $1,000. The estimated value is about $950 per $1,000 face amount, versus a 100% issue price, reflecting fees and structuring costs, with $879,000 aggregate face amount initially offered.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing up to $2,411,000 of structured notes linked to the stocks of Vistra, UnitedHealth Group, Tesla and NVIDIA. The notes pay variable monthly coupons through December 2030, with a high coupon of $8.042 per $1,000 face amount if all four stocks stay at or above 77.5% of their initial prices, and a minimum coupon of $0.209 if any stock is below that level.
The notes can be automatically called starting in December 2026 if each stock is at or above its initial price, in which case investors receive $1,000 per note plus the applicable coupon. If the notes are not called, investors receive $1,000 per note at maturity plus the final coupon, but the estimated value on the trade date is about $940 per $1,000, reflecting fees and hedging costs. Payments depend entirely on the credit of GS Finance Corp. and the guarantor and do not include any ownership or dividend rights in the underlying stocks.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering callable S&P 500® index-linked notes that do not pay interest and are scheduled to mature in January 2032 unless redeemed early.
Each note has a $1,000 face amount. If Goldman chooses to call the notes on any monthly call date from February 2027 through December 2031, investors receive $1,000 plus a preset call premium (starting at at least 7.2504% and rising over time). If the notes are not called, the maturity payout depends on the S&P 500® Index performance from the trade date to the determination date.
At maturity, if the index is above its initial level, investors receive $1,000 plus 100% of the index gain; if the index is at or below the initial level, they receive $1,000. The notes are unsecured obligations subject to the credit risk of both GS Finance Corp. and The Goldman Sachs Group, Inc. The estimated value on the trade date is expected to be $885–$925 per $1,000, reflecting embedded fees, and the notes are treated as contingent payment debt instruments for U.S. tax purposes, which can require taxable income accruals before any cash is received.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering callable contingent coupon notes linked to the S&P 500® Index and maturing in 2031. The notes can pay a quarterly coupon of at least $16.5 per $1,000 face amount (at least 1.65% quarterly, or up to at least 6.6% per year) for any quarter in which the index closes at or above 70% of its initial level on the related observation date.
If the notes are not called and the final index level on the determination date is at or above the 70% trigger buffer level, investors receive back the full $1,000 per note plus any final coupon. If the final level is below 70%, repayment is reduced one-for-one with the index decline, and investors can lose their entire principal.
The issuer may redeem the notes in whole on any coupon payment date from February 2027 through November 2030 at $1,000 per note plus any due coupon. The notes are unsecured obligations subject to the credit risk of both GS Finance Corp. and The Goldman Sachs Group, Inc., and their estimated value at pricing is less than the original issue price.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering underlier-linked notes due 2029 as part of its Medium-Term Notes, Series F program. The notes’ payoff depends on the “lesser performing” of two references: the EURO STOXX 50® Index and the iShares® MSCI EAFE ETF.
At maturity, if both underliers finish above their initial levels, holders receive $1,000 plus 186% of the lesser performer’s gain. If any underlier is at or below its initial level but both stay at or above 90% of their initial levels (a 10% buffer), investors receive only the $1,000 face amount. If any underlier falls below 90% of its initial level, principal is reduced 1-for-1 with the lesser performer’s decline beyond the 10% buffer, and a substantial loss of principal is possible.
The notes pay no interest, are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor, may trade below face value before maturity, and are not equivalent to owning the underliers or their underlying index stocks. The tax treatment is uncertain and may implicate derivative and constructive ownership rules.