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 auto-callable notes linked to the common stocks of Tesla, Amazon.com and Super Micro Computer. The notes pay quarterly contingent coupons of $50.625 per $1,000 face amount (5.0625% per quarter, up to 20.25% per year) only when each stock closes at or above 60% of its initial price on the relevant observation date.
The notes may be automatically called on quarterly dates from December 2026 through September 2028 if each stock is at or above its initial price, in which case holders receive the $1,000 face amount plus the due coupon and no further payments. If not called, the December 2028 maturity payment depends on a trigger test: if at least one stock finishes at or above its initial price, principal is repaid in full, and if all three are also at or above 60% of their initial prices, the final coupon is paid. If all three finish below their initial prices and any is below 60% of its initial price, repayment is reduced in proportion to the worst-performing stock and holders can lose most or all of their principal and receive no final coupon.
The notes are unsecured obligations of GS Finance Corp. with a guarantee from The Goldman Sachs Group, Inc., and are subject to their credit risk. They are not bank deposits, are not insured by any governmental agency, will not be listed on an exchange and may have limited liquidity. The estimated value at pricing is expected to be between $925 and $965 per $1,000 face amount, reflecting upfront fees, hedging costs and dealer margins.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering no-interest structured notes linked to an equally weighted basket of nine large U.S. stocks, including Alphabet, Microsoft, NVIDIA, Meta Platforms and others. The basket starts at a level of 100 and each stock initially has about an 11.111% weight.
The notes may be automatically called on the call observation date of December 28, 2026 if the basket level is at or above 100, in which case investors receive $1,160.5 for each $1,000 on December 31, 2026. If not called, the notes mature on December 16, 2027.
At maturity, investors get $1,000 plus 125% of any positive basket return, $1,000 if the basket has fallen by up to 20%, or a reduced amount if the basket has fallen by more than 20%, with losses increasing at a 125% rate beyond the 20% buffer. The initial aggregate face amount is $6,617,000, the underwriting discount is 1.5% of face, and the estimated fair value on the trade date is about $946 per $1,000.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing $1,500,000 of notes linked to the S&P 500 Futures Excess Return Index. These notes pay no interest and return at least the face amount at maturity on June 17, 2031, with the payoff based on index performance between December 12, 2025 and the June 12, 2031 determination date.
If the final underlier level is above the initial level of 557.16, investors receive $1,000 plus 106.75% of the index gain per $1,000 note. If the index is flat or down, investors receive only the $1,000 face amount, so upside is leveraged but there is no participation in losses. Key risks include the credit risk of GS Finance Corp. and Goldman Sachs, the fact that the estimated value is below the issue price, limited or uncertain secondary market liquidity, structural differences between equity futures and the S&P 500 Index (including negative roll yield and financing costs), and complex U.S. tax treatment as a contingent payment debt instrument.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $600,000 of structured notes linked to the common stock of Netflix, Inc. Each $1,000 note can pay a contingent quarterly coupon: on a coupon payment date you receive $34.375 per note if Netflix’s closing level on the related observation date is at least 80% of the initial level of $95.19; otherwise the coupon for that quarter is zero.
The notes may be automatically called on specified dates if Netflix’s closing level is at or above the initial level, in which case investors receive $1,000 per note plus any due coupon and the investment ends early. If the notes are not called, at maturity you receive $1,000 per note if the final Netflix level is at least 80% of the initial level, but if it is lower, repayment is reduced in line with the stock’s loss and can fall to zero. Investors face full credit risk of GS Finance Corp. and the guarantor, limited liquidity, no shareholder rights in Netflix, and uncertain tax treatment. The estimated value at pricing is lower than the 100% issue price.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering autocallable contingent coupon notes linked to the Russell 2000® Index, the Nasdaq-100 Technology Sector Index and the VanEck Semiconductor ETF. The notes have a face amount of $3,135,000 in aggregate, mature on June 17, 2031, and may be automatically called starting in June 2026 if each underlier is at or above its initial level.
Investors can receive a monthly coupon of $12.625 per $1,000 (1.2625%, up to 15.15% per year) only when all underliers are at least 75% of their initial levels. Principal is protected only down to 60% of each initial level; if any underlier finishes below that trigger, repayment is reduced one-for-one with the worst performer, and all principal can be lost. The original issue price is 100% of face amount, including a 0.5% underwriting discount, and Goldman Sachs estimates the initial value at about $988 per $1,000 of notes.
GS Finance Corp., guaranteed by The Goldman Sachs Group, is offering equity-linked notes tied to an equally weighted basket of seven U.S.-listed stocks. The notes pay no interest and have a face amount of $1,576,000 in total at issuance, maturing on December 15, 2028, unless automatically called on December 14, 2026.
The basket starts at a level of 100, with each stock weighted at approximately 14.286%. If on the call observation date the basket level is at or above 100, the notes are automatically redeemed for $1,106 per $1,000 face amount. If not called, the maturity payoff depends on the basket return: positive returns are leveraged by a 125% upside participation rate; returns between 0% and -30% generate a positive payoff equal to the absolute decline; below -30% investors participate fully in losses and can receive less than 70% of principal, up to a total loss.
The notes are unsecured obligations of GS Finance Corp., subject to the credit risk of both the issuer and guarantor. The estimated value at pricing is about $933 per $1,000 face amount, reflecting an underwriting discount of 2% plus a structuring fee of up to 0.8%.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable, equity-linked notes tied to a basket of three major indices: the S&P 500® Index (65% weight), MSCI EAFE Index (25%), and MSCI Emerging Markets Index (10%). The notes have an aggregate face amount of $1,240,000, a denomination of $1,000, and do not pay periodic interest.
The notes may be automatically called on December 17, 2026 if the basket level is at or above the initial basket level of 100. In that case, investors receive $1,100 per $1,000 on December 22, 2026. If not called, the notes mature on December 17, 2030. At maturity, if the basket is above its initial level, investors receive $1,000 plus 155% of the positive basket return. If the basket is between 70% and 100% of its initial level, investors receive $1,000. If it closes below 70%, repayment is reduced one-for-one with the basket loss and investors can lose up to their entire principal.
The original issue price is 100% of face amount, with a 0.5% underwriting discount and 99.5% net proceeds to the issuer. The estimated value on the trade date is approximately $980 per $1,000, reflecting structuring and distribution costs and GS&Co. pricing assumptions.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering equity-linked notes maturing on December 16, 2032, tied to the stocks of Netflix, Tesla, NVIDIA and Meta Platforms. The notes pay a contingent quarterly coupon of $22.5 per $1,000 face amount (2.25% quarterly, up to 9% per year) only if on each observation date the closing price of every stock is at least 70% of its initial level. Beginning in December 2026, the notes are automatically called if all four stocks are at or above their initial prices, returning the $1,000 face amount plus that quarter’s coupon.
Total initial issuance is $763,000 in face amount. The notes are sold at 100% of face with a 3.8% underwriting discount, yielding 96.2% net proceeds to the issuer. Goldman estimates the value at issuance at about $927 per $1,000, reflecting structuring and distribution costs. Investors face the credit risk of GS Finance Corp. and Goldman Sachs, the possibility of receiving no coupons, limited liquidity, complex anti-dilution adjustments and potential conflicts from Goldman’s hedging and trading activities.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering $1,773,000 of Medium-Term Notes, Series F, linked to the Nasdaq-100 Index, Russell 2000 Index and S&P 500 Index. The notes pay a contingent monthly coupon of $8.834 per $1,000 face amount (0.8834% monthly, up to about 10.6% per year) only if on each observation date all three indices are at or above 70% of their initial levels.
The notes may be automatically called beginning June 2026 if, on a call observation date, each index is at or above its initial level. In that case, investors receive $1,000 per note plus any due coupon, and the note terminates early.
If the notes are not called, the principal repayment at maturity in December 2030 depends solely on the worst-performing index. If its final level is at least 70% of its initial level, investors receive $1,000 per note; if it falls below 70%, repayment is reduced in line with that index’s loss, and investors could lose their entire investment. The notes are unsecured and subject to the credit risk of both GS Finance Corp. and The Goldman Sachs Group, Inc.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering buffered notes linked to the S&P 500® Index, maturing in late 2027. The notes pay no interest. At maturity, each $1,000 note pays a cash amount based on index performance from the trade date to a single determination date.
If the index return is positive or zero, the payoff matches the index return but is capped at a maximum of $1,146 per $1,000 (a 14.6% gain). If the index declines but stays within a 15% buffer, investors receive the absolute value of the loss as a positive return. If the index falls by more than 15%, principal is reduced one‑for‑one beyond that buffer, so investors can lose a substantial portion of their investment.
The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and are subject to their credit risk. The estimated initial value is expected to be $925–$955 per $1,000, below the issue price, and secondary market prices and tax treatment may differ from investor expectations.