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 two tranches of buffered index-linked notes with an aggregate face amount of $10,735,000. One tranche is linked to the EURO STOXX 50® Index with face amount $2,389,000, initial underlier level 6,289.51, upside participation rate 146%, and a buffer level at 75% of the initial level (25% buffer amount). The other tranche is linked to the S&P 500® Futures Excess Return Index with face amount $8,346,000, initial underlier level 594.12, upside participation rate 174%, and a buffer level at 80% of the initial level (20% buffer amount).
The notes pay no interest and return at maturity depends solely on index performance on the determination date in 2031. Above the initial level, investors receive $1,000 plus the participation rate times the index return; between the initial level and the buffer level, they receive only the $1,000 face amount; below the buffer level, principal is reduced in line with index losses beyond the buffer. Estimated values at issuance are $940 and $924 per $1,000 face amount, below the 100% issue price, reflecting fees and structuring costs. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor and will not be listed; secondary market liquidity is uncertain.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering equity-linked notes maturing on August 4, 2031 with an aggregate initial face amount of $510,000 (subject to increase). Payments depend on the common stocks of Advanced Micro Devices, UnitedHealth Group, Tesla and NVIDIA.
The notes may be automatically called from July 2027 to June 2031 if on a call observation date each stock’s closing price is at least its initial price ($454.62 AMD; $428.79 UNH; $307.44 TSLA; $197.01 NVDA). If called, holders receive principal plus the applicable coupon.
Monthly coupons per $1,000 face amount are $10.625 (1.0625%) when each stock is at or above 77.5% of its initial price, otherwise $0.209. At maturity, investors receive $1,000 plus the final coupon. The estimated value on the trade date is approximately $945 per $1,000, below the issue price, and investors bear the unsecured credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc. The terms include detailed market disruption and anti-dilution adjustment provisions.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering Callable Buffered S&P 500® Futures Excess Return Index-Linked Notes due July 31, 2031. The notes are issued at 100% of face amount in $1,000 denominations, with an aggregate face amount of $1,425,000, and pay no interest.
At maturity, if not called, the cash payment per $1,000 depends on the S&P 500® Futures Excess Return Index performance from the initial underlier level 594.12 on July 28, 2026 to July 24, 2031. Upside participation is 175% for gains; between 80% and 100% of the initial level investors receive the absolute index move; below 80%, principal is exposed with only a 20% buffer. The issuer may redeem the notes in whole on specified call payment dates from August 2, 2027 through June 30, 2031 at 100% plus a call premium that steps up to 122.9206% of face amount.
The estimated value on the trade date is approximately $923 per $1,000 face amount, below the issue price, reflecting structuring and distribution costs including a 4.125% underwriting discount and net proceeds of 95.875% of face amount. Investors bear the unsecured credit risk of GS Finance Corp. and the guarantor and may lose a substantial portion of principal.
GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., is offering S&P 500® Futures Excess Return Index-linked Medium-Term Notes, Series F, with an aggregate face amount of $1,917,000. These notes provide exposure to the S&P 500® Futures Excess Return Index, which tracks E-mini S&P 500 futures contracts rather than the S&P 500® Index itself.
At maturity on July 31, 2031, for each $1,000 note you will receive: if the final underlier level exceeds the initial level of 594.12, $1,000 + ($1,000 × 124% upside participation rate × underlier return); if the final level is equal to or below the initial level, you receive only the $1,000 face amount. The notes do not bear interest and may underperform interest-bearing debt of similar maturity.
The original issue price is 100% of face amount, with an underwriting discount of 3.93% and net proceeds of 96.07% to the issuer. Investors bear the credit risk of GS Finance Corp. and the guarantor, as well as structural risks including potential negative roll yield, imperfect correlation with the reference equity index, and secondary market and valuation risks. For U.S. federal income tax purposes, the notes are treated as contingent payment debt instruments with a comparable yield of 5.17% per annum and a projected payment at maturity of $1,295.44 on a $1,000 investment.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering index-linked notes under its Medium-Term Notes, Series F program with an aggregate face amount of $20,000. The notes are linked to the Nasdaq-100 Index® and the Russell 2000® Index and may be automatically called on annual call observation dates if each index is at or above its initial level, paying for each $1,000 face amount $1,000 + ($1,000 × the applicable call premium) (12.75% in 2027 or 25.5% in 2028).
If not called, at maturity in August 2029 investors receive a cash settlement based on the lesser performing index. If both final index levels are at or above initial levels, payment equals $1,000 + 38.25%; if each is at or above a 70% trigger buffer but below initial, principal is returned; if either finishes below its trigger buffer, repayment equals $1,000 times the lesser performing index return, and investors can lose up to 100% of principal. The notes pay no interest, are subject to the credit risk of GS Finance Corp. and its guarantor, are not listed, and their estimated value at pricing is lower than the 100% issue price due to underwriting discounts, fees and hedging. U.S. federal income tax treatment is uncertain, with counsel viewing the notes as a pre-paid derivative contract.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering S&P 500® Index-linked medium-term notes with an aggregate face amount of $605,000 under its Series F program. The notes pay at maturity based on the underlier return from the trade date to the determination date, with 1:1 upside participation but a cap at a maximum settlement amount of $1,286 per $1,000 face amount. If the final S&P 500® level is at or below the initial level of 7,428.78, investors receive only principal at par and the notes bear no periodic interest. The issuer’s models estimate a comparable yield of 5.0387% per annum and a projected payment of $1,208.71 at maturity solely for U.S. tax accrual purposes. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor, will not be listed on an exchange, and may trade at values below face amount before maturity.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing $844,000 of S&P 500® Daily Risk Control 5% USD Excess Return Index-linked notes maturing August 2, 2029. The notes pay no interest and return a cash amount at maturity based on index performance from July 28, 2026 to July 30, 2029.
If the final index level is at or above the initial level of 181.19, holders receive $1,000 plus 156.5% of the positive index return. If the index declines, investors receive $1,000 plus the absolute index return, capped at a maximum downside settlement amount of $2,000 per $1,000 note. The structure references an excess return index that subtracts borrowing costs of SOFR + 0.02963%, so it may underperform the underlying total return index and there is no assurance of achieving the 5% volatility target.
The notes are unsecured obligations of GS Finance Corp. with a full guarantee from The Goldman Sachs Group, Inc., exposing investors to both entities’ credit risk. The original issue price is 100% of face, with net proceeds of 96.95% after a 3.05% underwriting discount. The estimated value on the trade date is about $951 per $1,000, and for U.S. tax purposes the notes are treated as contingent payment debt instruments with a comparable yield of 4.96%.
GS Finance Corp. is offering leveraged buffered notes linked to the MSCI EAFE Index, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The notes provide 200% participation in positive index returns, but payouts are capped at a maximum settlement amount of $1,296.50 per $1,000 face amount.
A 10% buffer applies: if the index decline is within 10%, investors receive their face amount; below the 90% buffer level, principal loss is 1% for each additional 1% decline, and a substantial portion of principal can be lost. The notes pay no interest and are subject to the credit risk of the issuer and guarantor, limited liquidity, foreign market and currency risks, and uncertain U.S. tax treatment. Historical index performance and hypothetical examples show that large declines in the MSCI EAFE Index can result in very low repayment at maturity.
GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., is offering S&P 500®-linked notes with an aggregate face amount of $5,225,000. The notes provide leveraged upside exposure, paying at maturity for each $1,000 face amount: $1,000 plus 300% of the S&P 500® Index return, capped at a maximum settlement amount of $1,145.
If the final S&P 500® level is equal to or below the initial level of 7,428.78, investors incur losses on a 1-for-1 basis with the index decline and may lose their entire investment. The notes do not bear interest, are unsecured obligations subject to the credit risk of GS Finance Corp. and its parent guarantor, and will not be listed on any exchange. The original issue price is 100% of face, with a 2.35% underwriting discount and 97.65% net proceeds to the issuer.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering Autocallable Contingent Coupon Index-Linked Notes due 2028 linked to the Nasdaq-100, Russell 2000 and S&P 500 indices. Each note has a $1,000 face amount and pays contingent quarterly coupons only if all three underliers are at or above 70% of their initial levels on the relevant observation date.
The notes may be automatically called beginning in July 2027 if each index is at or above its initial level, in which case holders receive $1,000 per note plus the coupon then due. If not called, at maturity in August 2028 investors receive $1,000 per note only if every index is at or above its 70% buffer level; otherwise principal is reduced based on the lesser performing index, with potential loss of a substantial portion of principal down to 30% of face amount. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and its parent, are not listed on any exchange, and their estimated value at pricing will be less than the issue price.