Welcome to our dedicated page for GOLDMAN SACHS GROUP SEC filings (Ticker: GS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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 index-linked notes due in 2027 whose payoff depends on the lesser performance of the Russell 2000® Index and the S&P 500® Index. The notes pay no interest and return is based only on index levels at a single determination date.
For each $1,000 face amount, investors can receive up to a maximum settlement amount of at least $1,242.5, reflecting a cap level of at least 124.25% of each index’s initial level with a 100% upside participation rate. A 10% buffer protects against modest declines, but if the lesser performing index falls more than 10% from its initial level, principal is reduced one-for-one beyond that buffer and investors can lose a substantial portion of their investment.
The estimated value on the trade date is expected to be between $925 and $955 per $1,000 face amount, below the issue price, reflecting fees, hedging costs and issuer economics. Payments are unsecured and subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., and there may be limited or no secondary market. The tax treatment is uncertain and may change.
GS Finance Corp. is offering autocallable contingent coupon notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes are linked to the Nasdaq-100, Russell 2000 and S&P 500 indices.
Investors can receive a monthly coupon of $10.584 per $1,000 face amount (about 1.0584% monthly, or up to approximately 12.7% per year) when the closing level of each index is at least 70% of its initial level on the observation date. The notes are automatically called, returning $1,000 per note plus the due coupon, if on a call observation date each index is at or above its initial level.
If the notes are not called, at maturity investors receive $1,000 per note when the worst-performing index is at least 70% of its initial level; otherwise repayment is reduced one-for-one with the worst index’s loss, and investors can lose their entire principal. The notes carry issuer and guarantor credit risk, may trade below the issue price, may lack liquidity, and have uncertain and complex tax treatment.
The Goldman Sachs Group, Inc. is offering callable fixed rate notes due 2032 under its Medium-Term Notes, Series N program. The notes are expected to pay interest at a fixed rate of 4.50% per annum from the original issue date, expected to be December 16, 2025, to the stated maturity date, expected to be November 30, 2032. Interest is expected to be paid annually on December 16 and at maturity.
Goldman Sachs may redeem the notes at its option, in whole but not in part, on each March 16, June 16, September 16 and December 16 on or after March 16, 2027 at 100% of principal plus accrued interest. The notes will be issued in book-entry form through DTC, are unsecured senior debt of Goldman Sachs, and are not bank deposits or FDIC insured. The notes are being distributed through underwriters, including Goldman Sachs & Co. LLC and InspereX LLC, and are subject to various selling restrictions in the EEA, United Kingdom, Hong Kong, Singapore, Japan and Switzerland.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering preliminary structured notes that do not pay interest and repay at maturity based on an equally weighted basket of 15 large‑cap and growth stocks. The basket starts at 100 and is measured from an expected trade date of December 9, 2025 to an expected determination date of June 9, 2027, with maturity expected on June 14, 2027.
For each $1,000 face amount, if the basket return is positive, investors receive $1,000 plus three times the basket’s gain, capped at a maximum settlement amount of $1,317.5 (corresponding to a cap level of approximately 110.583% of the initial basket level). If the basket declines by up to 25%, investors receive $1,000. If it falls more than 25%, repayment falls one‑for‑one with the basket, and investors can lose their entire investment.
The notes’ estimated value at pricing is expected between $900 and $930 per $1,000, reflecting underwriting and structuring costs. Investors are exposed to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., forgo dividends on the basket stocks, and face complex market disruption and anti‑dilution adjustment provisions.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering zero-coupon notes linked to an equally weighted basket of 15 U.S.-listed stocks including Alphabet, Meta, Costco and Boeing. The notes mature on an expected stated maturity date of June 14, 2027, with performance measured from an expected trade date of December 9, 2025 to an expected determination date of June 9, 2027.
For each $1,000 face amount, investors receive 3x the positive basket return if the final basket level is above the initial level, capped at a maximum settlement amount of $1,277.5 when the basket reaches 109.25% of its initial level. If the basket falls by up to 25%, investors receive the full $1,000, but if it declines by more than 25%, repayment is reduced one-for-one with the basket return, and investors can lose their entire principal. The notes pay no interest, have an estimated initial value between $900 and $930 per $1,000, and expose holders 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 $10 face-amount Trigger Autocallable Contingent Yield Notes linked to the worst performer of the S&P 500®, Russell 2000® and EURO STOXX 50® indices. The notes target quarterly contingent coupons between $0.25625 and $0.2625 per $10 (up to about 10.25%–10.50% per year) if on each observation date all three indices are at or above 75% of their initial level.
Starting in May 2026, the notes are automatically called if, on any quarterly observation date, each index is at or above its initial level; in that case investors receive $10 plus the due coupon and the product terminates. If the notes are not called and, on the November 27, 2028 determination date, every index is at or above its 75% downside threshold, investors get back $10 per note plus the final coupon.
If at maturity any index is below its downside threshold, repayment is reduced one-for-one with the loss of the worst-performing index and no final coupon is paid, so investors can lose some or all principal. The notes are unsecured, subject to the credit risk of GS Finance Corp. and its parent, and the estimated value at pricing is expected to be $9.50–$9.80 per $10 face amount.
GS Finance Corp. is offering S&P 500® Index-linked notes due December 7, 2028, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes repay the $1,000 face amount at maturity and provide equity-linked upside to the S&P 500® Index.
If the index level at final valuation is above its initial level, investors receive $1,000 plus the index return, capped at a maximum settlement amount of $1,195 per $1,000 note (119.5% of face). If the index is flat or lower, investors receive only the $1,000 face amount, with no additional return.
The notes pay no periodic interest, may trade below face value before maturity, and are subject to the credit risk of GS Finance Corp. and its parent guarantor. For U.S. tax purposes, they are treated as contingent payment debt instruments, generally requiring holders to accrue ordinary income annually based on a comparable yield, with any gain at sale or maturity taxed as ordinary interest income.
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. The notes do not pay interest and return depends solely on index performance from the initial level (set on the expected December 29, 2025 trade date) to the final level on the expected June 29, 2028 determination date.
At maturity, for each $1,000 note, investors receive: full principal plus upside at an upside participation rate of at least 104% if the index return is zero or positive; a positive return equal to the absolute index loss if the index is down but not by more than 15%; or principal reduced by index loss in excess of the 15% buffer if the index falls more than 15%. The S&P 500® Futures Excess Return Index tracks E-mini S&P 500 futures, so performance can differ from the S&P 500® Index itself.
The estimated value on the trade date is expected to be between $925 and $955 per $1,000 face amount, reflecting structuring costs and dealer compensation. Payments are unsecured obligations subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., and the notes will not be listed on any exchange.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering unsecured notes linked to the S&P 500® Futures Excess Return Index, with a stated maturity expected in late December 2030 and $1,000 minimum denominations. The notes pay no interest and the payoff depends entirely on the index level on the determination date, not on any earlier levels.
If the index return is zero or positive, investors receive the greater of a threshold settlement amount of at least $1,415 per $1,000 face amount or $1,000 plus the index gain. If the index return is negative but not below -30% (the index stays at or above 70% of its initial level), investors receive $1,000 plus the absolute index loss as a gain. If the index falls more than 30% (below 70% of the initial level), principal is lost one-for-one with the index, up to a total loss of the investment.
The structure is exposed to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc. The estimated value on the trade date is expected between $885 and $925 per $1,000, reflecting dealer costs and hedging, and secondary market prices may be lower. Tax treatment is complex and described as a pre-paid derivative contract, with potential future law changes highlighted as a key risk.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering autocallable notes linked to the Goldman Sachs Momentum Builder ® Focus ER Index, maturing in 2032. The notes do not pay periodic interest. If on any annual call observation date the index is at or above a rising call level (from 100.75% to 104.50% of the initial index level), the notes are automatically redeemed early at par plus a fixed call premium (from 9% up to 54% of face value).
If the notes are never called, at maturity investors receive at least the $1,000 face amount per note and participate 100% in any positive index return; if the index is flat or negative, only principal is repaid. Goldman’s estimated value on the trade date is $850 to $880 per $1,000 face amount, below the issue price, reflecting fees and hedging costs.
The underlying index is a rules-based, volatility- and momentum-controlled strategy with a 5% volatility target and a 0.65% per annum deduction that can heavily allocate to cash-like positions, which may dampen returns. Key risks include the credit risk of GS Finance Corp. and its parent, potentially low or capped returns, limited liquidity, sensitivity to rates and index behavior, and treatment as a contingent payment debt instrument for U.S. tax purposes.