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 $9.935 million of Jump Securities with an auto-call feature tied to the worst-performing of three State Street ETFs: Energy (XLE), Utilities (XLU) and Biotech (XBI), maturing December 17, 2031.
The notes pay no interest. Investors may receive a fixed premium of 13.00% to 78.00% of principal if the securities are automatically called on one of twenty observation dates, when all ETFs close at or above 90% of their initial prices. If held to maturity and all ETFs are at or above their 90% downside thresholds, investors receive principal plus a 78.00% maturity premium.
If at maturity any ETF closes below its downside threshold, repayment is reduced 1-to-1 with the decline of the worst ETF, and the payout can fall below 90% of principal and down to zero. The securities are unsecured, subject to GS Finance Corp. and Goldman Sachs credit risk, will not be listed, and have an estimated value of about $921 per $1,000, reflecting fees and structuring costs.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable, unsecured notes linked to the iShares Bitcoin Trust ETF (IBIT). The notes pay no interest and may be automatically called beginning in December 2026 if the ETF is at or above its initial level on specified observation dates, providing a preset cash premium over the $1,000 face amount.
If the notes are never called, the payment at the expected December 2028 maturity depends on IBIT’s level. Investors receive a capped maximum amount if the final level is at or above the initial level, full principal back if the ETF has fallen by up to 45%, and a proportionally reduced amount if it has fallen by more than 45%, which can result in a total loss of principal.
The notes are subject to the credit risk of GS Finance Corp. and Goldman Sachs, significant volatility and regulatory risks tied to bitcoin, and complex market-disruption and adjustment provisions. The initial estimated value is expected to be below the issue price, and secondary market prices may be lower than the amount paid at issuance.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering structured notes linked to the common stocks of Advanced Micro Devices, NVIDIA, Amazon.com and Tesla. The notes mature on December 19, 2030, but can be automatically called starting in December 2026 if the closing price of each stock is at or above its initial level ($210.78 for AMD, $175.02 for NVIDIA, $226.19 for Amazon.com and $458.96 for Tesla).
For each $1,000 face amount, investors receive a monthly coupon that depends on all four stocks. If each stock is at or above 75% of its initial price on a coupon observation date, the coupon is $6.875 (0.6875% monthly, up to 8.25% per year). If any stock is below that threshold, the coupon drops to $0.209 (0.0209% monthly, up to about 0.25% per year). At maturity, or upon automatic call, investors receive $1,000 per note plus the applicable final coupon.
The aggregate face amount on the original issue date is $3,930,000. The original issue price is 100% of face amount, with a 3.55% underwriting discount and 96.45% net proceeds to the issuer. The estimated value at pricing is about $946 per $1,000, and payments are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering S&P 500® Index‑linked notes due June 17, 2030 with a $740,000 aggregate face amount. The notes pay no interest and your return depends entirely on the S&P 500® Index level on the June 12, 2030 determination date versus the initial level of 6,827.41.
For each $1,000 note, if the index return is positive, you receive 100% of the upside, capped at the maximum settlement amount of $1,455, corresponding to a cap level of 145.5% of the initial index level. If the index return is zero or negative, you receive the greater of the minimum settlement amount of $900 and $1,000 plus the index return, so losses are limited to 10% of face value when held to maturity.
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. The estimated value at pricing is approximately $978 per $1,000 face amount, reflecting structuring fees and other costs, and there may be limited or no secondary market. For U.S. tax purposes, the notes are treated as contingent payment debt instruments, requiring annual income accruals even though no cash is paid before maturity.
GS Finance Corp., guaranteed by The Goldman Sachs Group, is offering auto-callable, income-bearing notes linked to the Class A shares of Strategy Inc (formerly MicroStrategy), Palantir Technologies, and Circle Internet Group.
Investors may receive monthly contingent coupons of $22.917 per $1,000 face amount (2.2917% monthly, with potential up to about 27.5% per year) only when all three stocks close at or above 50% of their initial prices on each observation date. The notes can be automatically called starting in June 2026 if, on a call observation date, all three stocks are at or above their initial prices, triggering repayment of principal plus the due coupon.
If the notes are not called and all three stocks finish below their initial prices on the final observation date, principal repayment depends on the worst-performing stock. If any stock is below 50% of its initial price, repayment is reduced in line with that stock’s loss and can result in a total loss of principal with no coupon. The notes carry full credit risk of GS Finance Corp. and Goldman Sachs, and their estimated value at pricing is expected between $925 and $955 per $1,000 face amount.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable, index-linked notes with an aggregate face amount of $695,000. The notes reference the MSCI EAFE Index and the EURO STOXX 50® Index and do not bear interest.
The notes can be automatically called quarterly if on a call observation date the closing level of each index is at or above its initial level. In that case, holders receive the $1,000 face amount per note plus a call premium (from 9.8% on the first call date up to 36.75% on later dates). If never called and held to the stated maturity on December 17, 2029, investors receive $1,000 plus a 39.20% maturity premium per note if each index finishes at or above its initial level.
If the lesser-performing index finishes between 80% and 100% of its initial level, principal is returned without gain. Below the 80% buffer level, principal is reduced one-for-one with further declines, so a large loss of investment is possible. Payments depend solely on the lesser-performing index. The notes are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., may have limited secondary market liquidity, involve foreign market and currency-related risks, and have uncertain U.S. tax treatment.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable notes linked to Carvana, Coinbase, Affirm and Apple stock. The notes pay a fixed coupon of $17.084 per $1,000 (1.7084% monthly, up to about 20.5% per year) on each monthly coupon date only if every stock is at or above 50% of its initial price.
The notes can be automatically called quarterly from December 2026 through September 2030 if all four stocks are at or above their initial prices (Carvana $455.68, Coinbase $267.46, Affirm $67.25, Apple $278.28). If called, investors receive $1,000 per note plus the coupon.
If not called, the notes mature on December 17, 2030. If on the final observation date at least one stock is at or above its initial price, investors receive $1,000 back, plus the final coupon if all are at or above 50% of initial. If all four stocks are below their initial prices and any is below 50%, principal is reduced one-for-one with the worst performer, potentially to zero, and no final coupon is paid.
The aggregate face amount is $1,200,000, issued at 100% with a 1.5% underwriting discount. The estimated value is about $954 per $1,000, and payments depend on the credit of GS Finance Corp. and its guarantor.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering up to $7,132,000 of structured notes linked to the Russell 2000® and S&P 500® indexes. The notes can pay a contingent quarterly coupon of $16.625 per $1,000 (1.6625% per quarter, up to 6.65% per year) when the closing level of each index is at least 55% of its initial level on the observation date.
At maturity, if the notes have not been redeemed and the lesser-performing index is at or above its 55% trigger buffer level, investors receive $1,000 per note plus any final coupon. If that index finishes below the trigger buffer, the payoff is reduced one-for-one with the index loss, and investors can lose their entire principal. GS may redeem the notes at par plus any due coupon on any coupon payment date from June 2026 through September 2030. The issue price is 100% of face amount, with 1.5% underwriting discount and 98.5% net proceeds to the issuer.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., 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 $3,058,000 in aggregate on the original issue date, in denominations of $1,000.
The notes may be automatically called on December 14, 2026 if the basket level is at or above its initial level of 100, in which case investors receive $1,147 per $1,000 on December 17, 2026. If not called, the notes mature on December 15, 2028 with a payoff based on basket performance: 125% participation in positive returns; a “buffered” payoff using the absolute value of returns when the basket decline is up to 30%; and 1-for-1 losses below a 70% trigger level.
The basket includes Dycom Industries, Eaton, Expand Energy, NRG Energy, Vistra, WESCO International and The Williams Companies, each initially weighted at approximately 14.286%. The estimated value of the notes on the trade date is about $953 per $1,000 face amount, reflecting structuring and distribution costs, and investors are exposed 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 auto-callable notes linked to shares of Celestica Inc., Bloom Energy Corporation Class A, and Western Digital Corporation. The notes pay monthly contingent coupons: a maximum coupon of $9.792 per $1,000 face amount (0.9792% monthly, about 11.75% per annum) when each stock closes at or above 65% of its initial price, and a minimum coupon of $0.209 (0.0209% monthly, about 0.25% per annum) otherwise.
The notes are expected to mature on January 3, 2031, but can be automatically called from observation dates beginning in December 2026 if each stock is at or above its initial price, in which case investors receive face amount plus the applicable coupon. The estimated value at pricing is expected to be between $885 and $935 per $1,000 face amount, reflecting fees and hedging costs. Investors face the credit risk of both GS Finance Corp. and The Goldman Sachs Group, Inc., limited liquidity, and complex market, anti-dilution, and calculation-agent discretion risks.