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, is offering zero-coupon structured notes linked to Celestica, Qualcomm and Intel. The notes pay no interest and may be automatically called on the call observation date if each stock closes at or above 50% of its initial price, in which case investors receive $1,286 per $1,000 face amount.
If not called, the maturity payment depends on the lesser performing stock. If all three finish above their initial prices, investors get 2x that stock’s gain. If any stock finishes at or below its initial price but all remain at or above 50% of initial, investors receive only the $1,000 face amount. If any stock closes below 50% of its initial price, principal is reduced one-for-one with that stock’s loss and can fall to zero.
The preliminary estimated value is $925–$955 per $1,000 face amount. Payments are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, and the notes may have limited or no secondary market liquidity.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable, equity-linked notes tied to Celestica, QUALCOMM and Intel. The notes pay no interest and are scheduled to mature in late 2028, unless automatically called in late 2026.
The notes are automatically redeemed for $1,467.5 per $1,000 face amount if, on the call observation date, each stock closes at or above 65% of its initial price. If not called, the maturity payment depends on the worst-performing stock: if all finish above their initial prices, investors receive five times the lesser-performing stock’s return; if any finish at or below their initial price but all stay at or above 50%, investors receive only their $1,000 principal. If any stock finishes below 50% of its initial price, repayment falls in line with the worst stock’s loss, and investors can lose up to their entire investment.
The estimated value on the trade date is expected to be $925–$955 per $1,000 face amount, reflecting fees, hedging costs and issuer credit spreads.
GS Finance Corp., guaranteed by The Goldman Sachs Group, is offering auto-callable notes linked to the Russell 2000® Index, the Nasdaq-100 Technology Sector Index and the VanEck Semiconductor ETF. The notes run to an expected maturity in December 2031 but can be automatically called monthly from May 2026 if all three underliers are at or above their initial levels.
Investors may receive a monthly coupon of $13.334 per $1,000 (1.3334%, about 16% per year) whenever each underlier is at least 75% of its initial level; otherwise the coupon is zero. At maturity, if not called, full principal is repaid only if every underlier is at or above 60% of its initial level, with a partial buffer between 60% and 75%. Below 60% on any underlier, repayment is reduced one-for-one with the worst performer, and all coupons stop, so the entire investment can be lost.
The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and its guarantor. The estimated value on the trade date is expected to be $885–$925 per $1,000, below the issue price, reflecting dealer compensation and structuring costs.
GS Finance Corp. is offering unsecured buffer autocallable securities linked to the S&P 500®, guaranteed by The Goldman Sachs Group, Inc. The notes may be automatically called on the December 2, 2026 call observation date if the index is at or above 100% of its initial level, paying $10 plus the product of $10 and a call return expected between 7.50% and 8.85%.
If not called, the notes mature on November 29, 2030. At maturity, holders participate one-for-one in any index gain. If the index is flat or down but at or above 80% of its initial level, investors receive full principal. Below this 20% buffer, repayment falls in line with index losses beyond the buffer, with up to 80% loss if the index goes to zero. The notes pay no coupons, forgo dividends, and all payments depend on the credit of GS Finance Corp. and The Goldman Sachs Group, Inc. The estimated initial value is $9.35–$9.65 per $10 face amount, and the minimum purchase is $1,000.
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 under its Medium-Term Notes, Series F program. The notes are automatically called on specified annual dates if the index closes at or above rising call levels, starting at 100.75% of the initial index level in 2026 with a 9.25% call premium, increasing yearly up to a 55.50% call premium in 2031.
If the notes are not called, at maturity investors receive for each $1,000 face amount: $1,000 plus 100% of any positive index return, or $1,000 if the final index level is equal to or below the initial level, so downside is limited to return of principal, subject to issuer and guarantor credit risk. The issuer’s estimated value on the trade date is $885–$925 per $1,000, below the original issue price, reflecting structuring costs. The index uses daily rebalancing, volatility control at 5%, momentum risk control, and a 0.65% per annum deduction, and can allocate heavily to cash-like positions, which may reduce index returns. The notes pay no interest and are treated as contingent payment debt instruments for U.S. tax purposes.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering autocallable contingent coupon notes linked to the Nasdaq-100, Russell 2000 and S&P 500 indices and maturing in 2028. The notes can pay a monthly coupon of $10.625 per $1,000 (1.0625% per month, up to 12.75% per year) if on each observation date all three indices are at or above 70% of their initial levels. The notes are automatically called and repaid at par, plus any due coupon, if on a call observation date all three indices are at or above their initial levels.
If the notes are not called, the maturity payment depends only on the worst-performing index. Investors receive full principal back if the worst index is at or above 70% of its initial level; otherwise repayment is reduced in line with that index’s loss, and investors can lose up to 100% of principal. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., have limited liquidity, provide no index ownership or dividends, and involve complex, uncertain U.S. tax treatment.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable notes linked to three U.S. equity ETFs: the SPDR® S&P 500® ETF Trust, SPDR® Dow Jones® Industrial AverageSM ETF Trust and iShares® Russell 2000 ETF. The notes have an aggregate face amount of $1,606,000, a $1,000 minimum denomination and mature on November 17, 2028, unless automatically called starting in February 2026.
Investors can receive a fixed coupon of $8.542 per $1,000 (0.8542% monthly, about 10.25% per year) on each monthly observation date only if the closing level of every ETF is at least 70% of its initial level. The notes are automatically redeemed at par plus coupon if on a call observation date all ETFs are at or above their initial levels of $671.93 (SPY), $471.80 (DIA) and $237.48 (IWM).
If the notes are not called, principal repayment at maturity depends on the worst-performing ETF. Full principal is returned (plus any final coupon) if each ETF is at or above 70% of its initial level. If any ETF finishes below that 70% trigger, repayment is reduced one-for-one with the loss on the worst ETF, and investors could lose their entire investment and receive no coupon. The estimated value at pricing is about $996 per $1,000 face amount, 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 issuing $41,362,000 of principal-at-risk contingent income callable securities due November 17, 2028, linked to the worst-performing of the S&P 500, Russell 2000 and Nasdaq-100 indices. Investors may receive a $31.50 quarterly coupon per $1,000 only if each index stays at or above 75% of its initial value on every index business day in the observation period. The notes are callable at the issuer’s option at 100% of principal plus any due coupon on quarterly payment dates from February 20, 2026 through August 17, 2028. At maturity, principal is repaid only if the worst index is at or above its 70% downside threshold; below that level, repayment is reduced 1-to-1 with the worst index’s decline and can be zero. The securities are not listed, carry issuer and guarantor credit risk, and have an estimated value of about $984 per $1,000 at pricing.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $35,962,000 of auto-callable, principal-at-risk notes linked to the iShares Bitcoin Trust ETF (ticker IBIT). The notes may be automatically called on November 23, 2026 for a fixed cash payment of $1,291.50 per $1,000 if the ETF’s price is at or above the $53.475 initial level.
If not called, at maturity in December 2027 investors get 150% of any ETF gain above the initial price, or a positive “dual directional” return for ETF declines down to a 75% downside threshold of $40.10625. If the ETF finishes below that threshold, repayment is reduced 1-for-1 with the ETF’s loss and can fall to zero.
The securities pay no interest, are unsecured obligations subject to the credit risk of GS Finance Corp. and its parent, and are exposed to bitcoin’s high volatility through the ETF. The original issue price is $1,000, while the estimated value is approximately $949 per security.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing equity-linked notes tied to an equally weighted basket of 8 large-cap stocks, with an initial basket level of 100 and aggregate face amount of $6,944,000 on the original issue date. The notes pay no interest and mature on November 18, 2027, but may be automatically called on November 27, 2026 if the basket’s closing level is at or above the initial level, in which case holders receive $1,170.5 per $1,000 face amount on the call payment date.
If not called, maturity payments depend on basket performance: for a positive basket return, investors receive $1,000 plus 125% of the gain; for returns between 0% and -15%, they receive $1,000; below -15%, principal is reduced using a buffer rate of approximately 117.65%, so substantial losses, up to total loss of principal, are possible. The estimated value at pricing is about $946 per $1,000 face amount, reflecting underwriting discounts and structuring costs, and payments are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.