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 Nasdaq-100, Russell 2000 and S&P 500-linked notes with a $1,000,000 aggregate face amount and $1,000 denominations. The notes pay a contingent quarterly coupon of $27.50 per $1,000 (2.75% quarterly, up to 11.00% per year) only when each index is at or above 70% of its initial level on the relevant observation date; otherwise no coupon is paid.
The notes can be automatically called from May 2026 onward if on a call observation date each index is at or above its initial level; investors then receive $1,000 plus the coupon. If not called, at maturity in November 2030 investors receive $1,000 per note only if each index is at or above 70% of its initial level. If any index finishes below this level, the principal repayment is reduced in line with the worst-performing index, and investors can lose up to 100% of their investment.
The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor. They are not listed, may have limited liquidity, and involve uncertain U.S. tax treatment as income-bearing prepaid derivative contracts.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing $1,619,000 of leveraged callable notes linked to the S&P 500® Futures Excess Return Index, maturing on November 26, 2032. The notes pay no interest and return at least the face amount at maturity if not called.
If the final index level exceeds the initial level of 539.99, holders receive $1,000 plus 1.9x the positive index return per $1,000 note; if the index is flat or down, they receive $1,000. GS may redeem the notes monthly from November 2026 to October 2032 at 100% of face amount plus a call premium that rises over time (starting at roughly 10% and reaching about 69%).
The product tracks E‑mini S&P 500 futures, not the S&P 500 Index itself, and is exposed to futures-specific effects such as financing costs and negative roll yield. The estimated value at pricing is about $913 per $1,000, versus an issue price of 100% of face, reflecting fees and structuring costs. Investors bear the unsecured credit risk of GS Finance Corp. and the guarantor.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing $500,000 of auto-callable notes linked to the Nasdaq-100, S&P 500 and EURO STOXX 50 indexes. The notes pay no interest and may be automatically called each year if all three indexes are at or above their initial levels, paying $1,000 plus a call premium of up to 42% depending on the call date.
If the notes are not called, the maturity payment depends on the worst-performing index. If all three indexes are at or above their initial levels at maturity, investors receive $1,000 plus a 52.5% maturity premium. If the worst index stays at or above 60% of its initial level but below that level, principal is returned. If the worst index falls below 60%, repayment is reduced one-for-one with that loss and investors can lose their entire investment.
The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor, are not listed on an exchange, and their estimated value at pricing is less than the 100% issue price.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering $8,470,000 of auto-callable contingent coupon notes linked to the Nasdaq‑100, Russell 2000 and S&P 500 indices. The notes pay a monthly contingent coupon of $10.584 per $1,000 face amount (1.0584% per month, up to about 12.7% per year) only if on each observation date every index is at or above 70% of its initial level.
The notes can be automatically called on scheduled call dates if each index is at or above its initial level, in which case investors receive $1,000 per note plus any due coupon. If the notes are not called, and on the final determination date every index is at or above 70% of its initial level, investors receive $1,000 per note. If any index finishes below 70% of its initial level, repayment of principal is reduced one-for-one with the worst-performing index, and investors can lose their entire investment. Payments also depend on the credit of GS Finance Corp. and its parent guarantor.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering underlier-linked notes due 2030 tied to the EURO STOXX 50 Index and the iShares MSCI EAFE ETF. These notes pay no interest and the cash payment at maturity depends solely on the lesser performing underlier.
If each underlier finishes above its initial level, holders receive $1,000 plus 220.25% of the lesser-performing underlier’s gain. If any underlier is at or below its initial level but both stay at or above 65% of their initial levels, investors receive only the $1,000 face amount. If any underlier falls below 65% of its initial level, repayment is reduced one-for-one with the loss on the lesser performer, and investors can lose their entire principal.
The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor, and their estimated value at pricing is less than the issue price. Secondary-market prices may be volatile and there is no exchange listing.
GS Finance Corp. is offering $3,000,000 of trigger autocallable contingent yield notes due 2028, linked to the lesser performer of the Russell 2000® Index and the Nasdaq-100 Index® and guaranteed by The Goldman Sachs Group, Inc.
Holders may receive a $0.245 quarterly contingent coupon per $10 face amount (up to 9.80% per annum) only if on each observation date both indices are at or above 70% of their initial levels, which also serves as the downside threshold. Starting in May 2026, the notes are automatically called if both indices are at or above their initial levels, paying $10 plus the contingent coupon and ending further payments.
If the notes are not called and on the final observation date any index is below its downside threshold, repayment of principal is reduced one-for-one with the decline of the lesser-performing index, down to a total loss. The estimated value is about $9.81 per $10 at pricing versus a 100.00% issue price, reflecting an underwriting discount of 2.25% and issuer costs, and all payments depend on the credit of GS Finance Corp. and The Goldman Sachs Group, Inc.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering equity-linked notes tied to an equally weighted basket of 8 large-cap stocks, including Constellation Energy, Eaton, Equinix, Freeport-McMoRan, NextEra Energy, Quanta Services, Vertiv and Vistra. The aggregate face amount on the original issue date is $5,605,000, in minimum denominations of $10,000.
The notes pay no interest and mature on November 26, 2027, with an automatic call on December 4, 2026 if the basket level is at or above its initial level of 100. In that case, investors receive $1,169 per $1,000 face amount on December 9, 2026. If not called, maturity payment depends on the basket return: gains participate at a 125% upside rate, returns between 0% and -15% repay $1,000, and losses beyond -15% are amplified by a buffer rate of about 117.65%, so substantial losses up to total principal are possible.
The estimated value on the trade date is about $943 per $1,000, below the 100% issue price, reflecting structuring costs, underwriting discount of 1.5%, and dealer economics. Payments are subject to the unsecured credit risk of GS Finance Corp. and the guarantor.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $9,338,000 of unsecured notes linked to UnitedHealth Group common stock. The notes pay no interest, may be automatically called on December 4, 2026 if UNH’s closing price is at or above the initial index stock price of $319.97, and would then pay $1,219 per $1,000 face amount on December 9, 2026.
If not called, the November 26, 2027 maturity payment depends on UNH’s price on November 22, 2027. If the final price is at or above the initial price, holders receive the greater of $1,438 or $1,000 plus 100% of the stock’s positive return. Losses begin if UNH falls more than 15%; below that buffer, investors lose about 1.1765% of principal for each additional 1% drop and could lose their entire investment. The estimated value on the trade date is about $972 per $1,000 versus a 100% issue price, reflecting underwriting (1.5%) and structuring costs.
Goldman Sachs, via GS Finance Corp., is issuing $37.8 million of Contingent Income Auto-Callable Securities linked to NVIDIA (NVDA), maturing on November 27, 2028. Each note has a $1,000 principal amount and offers a contingent quarterly coupon based on NVDA’s stock performance. On each observation date, if NVDA’s closing price is at or above the downside threshold of $89.44 (50% of the $178.88 initial share price), investors receive a coupon calculated using $27.50 per elapsed observation date, net of prior coupons.
The notes are auto-callable: if NVDA is at or above the initial share price on any call observation date, investors receive $1,000 plus the coupon then due, and the note terminates early. If held to maturity and NVDA is at or above the threshold, investors get $1,000 plus the final coupon. If NVDA finishes below the threshold, repayment is reduced one-for-one with NVDA’s decline, potentially to $0. Investors do not participate in any upside above par and face both issuer/guarantor credit risk and principal-at-risk market exposure. The estimated value is about $964 per $1,000 note, reflecting fees and structuring costs.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $780,000 of S&P 500® Daily Risk Control 5% USD Excess Return Index-linked notes due November 27, 2028. The notes pay no interest and return depends entirely on index performance between the trade date and determination date.
For each $1,000 face amount, if the final index level is at or above the initial level of 176.53, investors receive $1,000 plus 108% of the index gain. If the index is below its initial level, investors receive $1,000 plus the absolute index loss, capped at a maximum downside settlement amount of $2,000 per $1,000. The index embeds borrowing costs at SOFR plus 0.02963% and targets 5% volatility, which can cause it to lag the S&P 500® Total Return Index.
The notes are unsecured obligations of GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc. The estimated value at pricing is approximately $956 per $1,000, reflecting structuring and distribution costs, and secondary market prices may be lower. The notes are treated as contingent payment debt instruments for U.S. tax purposes, requiring annual accrual of taxable income before maturity.