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 structured notes linked to the stocks of Apple, Amazon, Alphabet Class C and NVIDIA. The notes pay a contingent monthly coupon of at least $12.292 per $1,000 (about 1.2292% per month, approximately 14.75% per year) only when on a coupon observation date each stock is at or above 60% of its initial price. The notes can be automatically called on monthly dates from December 2026 through November 2028 if all four stocks are at or above their initial prices, returning the $1,000 face amount plus the applicable coupon.
If the notes are not called, principal repayment at maturity in early 2029 depends on the worst-performing stock. As long as each stock is at least 80% of its initial price, investors receive full principal plus the final coupon. If the worst stock is between 60% and 80%, investors receive between 80% and 99.99% of face value plus any final coupon. If any stock finishes below 60%, repayment falls in line with that stock’s loss beyond a 20% buffer and the investor receives no final coupon, potentially losing a substantial portion of principal. The indicative estimated value is $890–$920 per $1,000 at pricing, reflecting fees and model assumptions, and all payments are subject to the credit risk of GS Finance Corp. and its guarantor.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering principal-at-risk contingent income auto-callable securities linked to the worst-performing of the S&P 500® Index, Russell 2000® Index and Nasdaq-100 Index® maturing in December 2027. Investors may receive a contingent quarterly coupon of at least $22.25 per $1,000 only when the closing value of each index on an observation date is at or above 70% of its initial level; otherwise the coupon for that quarter is zero.
The notes are automatically called if, on a call observation date, all three indexes are at or above their initial values, paying back principal plus the coupon then due, with no further payments. If the notes are not called and, at maturity, any index finishes below 70% of its initial level, repayment of principal is reduced one-for-one with the decline of the worst-performing index and can be zero. Investors do not participate in any index upside.
The notes are unsecured, subject to the credit risk of GS Finance Corp. and its parent, will not be listed on an exchange, and their estimated value is $920–$980 per $1,000 at pricing, below the 100% issue price due to fees, hedging and structuring costs.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering equity-linked notes tied to an equally weighted basket of nine large-cap stocks, including Alphabet, Microsoft, Meta and NVIDIA. The notes pay no interest and return depends entirely on the basket’s performance.
The notes may be automatically called on the call observation date if the basket level is at or above the initial level of 100, in which case investors receive at least $1,160 per $1,000 face amount on the call payment date. If not called, at maturity investors get $1,000 plus 125% of any positive basket return, full principal back if the basket decline is up to 20%, and a buffered loss if the basket falls by more than 20%, calculated at a 125% buffer rate.
The structure exposes holders to market risk in the basket, as well as the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc. The estimated value on the trade date is expected between $900 and $930 per $1,000, below the original issue price, reflecting fees, hedging costs and issuer economics.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering S&P 500® Index-linked notes due September 28, 2028 as part of its Medium-Term Notes, Series F program. These notes pay no interest and repay at least the face amount at maturity.
For each $1,000 note, holders receive $1,000 if the S&P 500® final level is equal to or below its initial level. If the index is higher, the payoff is $1,000 plus the index return, capped at a maximum settlement amount of at least $1,150, so upside participation is limited.
The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor, and are not bank deposits or FDIC insured. They are expected to be treated as contingent payment debt instruments for U.S. tax purposes, requiring accrual of ordinary income over the term, and will not be listed on any securities exchange, with any secondary market depending on dealer market-making.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering callable notes whose return is linked to the VanEck Semiconductor ETF (SMH). The notes pay no fixed interest and may pay no coupons at all.
On each quarterly payment date, starting in March 2026, investors receive a coupon of at least $25 per $1,000 face amount (at least 2.5% quarterly, up to at least 10% per annum) only if SMH is at or above 80% of its initial level on the related observation date. Goldman may redeem the notes at 100% of face amount plus any due coupon on any payment date from June 2026 through June 2028.
At maturity in September 2028, if the ETF is at or above 80% of its initial level, holders receive $1,000 plus the final coupon. If it is below 80%, principal is reduced in proportion to the decline beyond a 20% buffer and no final coupon is paid. The estimated value on the trade date is expected between $925 and $965 per $1,000, and all payments are subject to the credit risk of GS Finance Corp. and its parent guarantor.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering autocallable notes linked to the Nasdaq-100 Index® maturing in January 2028. The notes pay no interest and may be automatically called in January 2027 if the index on the December 2026 observation date is at or above its initial level, in which case investors receive at least $1,110 per $1,000 of face amount.
If the notes are not called, the maturity payment depends on index performance, with a 125% upside participation rate on gains and a 15% downside buffer, so losses begin if the index falls below 85% of its initial level. In severe declines, investors can lose a substantial portion of principal, as illustrated by hypothetical cases. The notes carry the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., will not be listed on an exchange, may have limited liquidity, and involve uncertain U.S. tax treatment.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering leveraged notes linked to the S&P 500® Futures Excess Return Index, maturing in 2031. The notes provide at least 192% upside participation in index gains from the trade date to the determination date.
If the final index level is at or above 70% of the initial level (a 30% trigger buffer), investors receive full principal, but no interest. If the final level falls below 70%, repayment is reduced 1% for every 1% decline in the index, and investors could lose their entire investment.
The notes pay no coupons, are unsecured obligations exposed to the credit risk of GS Finance Corp. and the guarantor, and track equity futures rather than the S&P 500® itself. Risks highlighted include model-based pricing below issue price, potential negative roll yield in futures, secondary market illiquidity and uncertain U.S. tax treatment.
GS Finance Corp. is offering autocallable notes linked to the Goldman Sachs Momentum Builder® Focus ER Index, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes run to 2032 and pay no coupons. Each $1,000 note can be automatically called annually if the index is at or above rising call levels (from 100.50% to 103.00% of the initial level), paying back $1,000 plus a call premium of at least 8% to 48%.
If the notes are not called, at maturity investors receive $1,000 per note if the index is flat or down, and $1,000 plus 100% of any positive index return if the index ends above its initial level. The issuer’s estimated value is $850–$890 per $1,000, below the issue price, reflecting fees and structuring costs. Key risks include issuer and guarantor credit risk, complex index rules with a 0.65% annual deduction and heavy cash allocations that can limit upside, lack of interest payments, secondary market uncertainty, and treatment as contingent payment debt for U.S. tax purposes.
GS Finance Corp. is offering EURO STOXX 50® Index-linked medium-term notes due December 27, 2030, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes provide leveraged exposure to the index with an upside participation rate of at least 102%. At maturity, for each $1,000 face amount, investors receive $1,000 plus $1,000 × upside participation rate × index return if the final index level is above the initial level, or $1,000 if the index is flat or lower, so principal is repaid at maturity but there is no downside market gain.
The notes do not pay periodic interest and are unsecured obligations subject to the credit risk of both the issuer and guarantor. They are linked to a Eurozone blue-chip equity index, involve risks from foreign securities markets, and may trade below face value before maturity. The pricing supplement highlights that the estimated value on the trade date is less than the original issue price, secondary market liquidity is not assured, and U.S. investors face contingent payment debt instrument tax treatment requiring accrual of income before any cash is received.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering leveraged buffered notes linked to the S&P 500® Futures Excess Return Index under its Medium-Term Notes, Series F program. These unsecured notes are scheduled to mature in 2031 and pay no interest.
At maturity, holders receive cash based on index performance from trade date to determination date. If the index rises, the notes provide at least 151% participation in the positive return. If the index falls but stays above 70% of its initial level, investors receive full principal back; below that buffer, principal is reduced 1-for-1 with further losses, so a substantial loss of invested amount is possible. The underlier tracks E-mini S&P 500 futures, not the cash S&P 500 Index, and is affected by factors like financing costs, negative roll yield, market disruptions and the credit risk of both the issuer and guarantor.