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 issuing $2,075,000 of Autocallable Buffered iShares Expanded Tech-Software Sector ETF-Linked Notes due July 31, 2031. The notes pay no interest and are linked to the iShares Expanded Tech-Software Sector ETF (IGV), not directly to its underlying index.
The notes may be automatically called on July 28, 2027 if IGV’s closing level is at or above the initial level of $91.78, paying $1,153.5 per $1,000 face amount on August 2, 2027. If not called, maturity payment depends on ETF performance: gains participate at an upside participation rate of 103%; a 15% buffer protects against moderate declines; below the buffer, losses are linear beyond that threshold, so investors can lose a substantial portion of principal. The estimated value at pricing is about $942 per $1,000 face amount, below the 100% issue price, and secondary market values will be affected by issuer and guarantor credit, IGV volatility, rates, and other factors.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering $53,027,000 of Medium-Term Notes, Series F, linked to the Goldman Sachs Momentum Builder® Focus ER Index. The notes have an automatic annual call: if on a call observation date the index level is at or above a rising call level (from 101% to 106% of the initial level), investors receive $1,000 plus the applicable call premium (from 14.70% to 88.20% of face) and the notes terminate early.
If not called, the stated maturity date is July 29, 2033. At maturity, the cash payment per $1,000 note equals $1,000 plus 100% upside participation in the index if the final index level exceeds the initial level of 113.24; otherwise investors receive only the face amount, so downside is limited to foregone return, subject to issuer and guarantor credit risk. The index itself is complex, uses daily rebalancing, volatility and momentum risk controls, and applies an annual 0.65% deduction on an excess-return basis over the federal funds rate, which can materially dampen index gains.
The notes pay no periodic interest. The original issue price is 100% of face, with a 4.625% underwriting discount and 95.375% net proceeds, while Goldman Sachs estimates the initial fair value at $894 per $1,000 note. U.S. holders are expected to treat the notes as contingent payment debt instruments, recognizing taxable ordinary income over the term based on a comparable yield of 5.3521%, even though cash is generally received only upon call or at maturity.
GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., is offering S&P 500® Index-linked notes with an aggregate face amount of $1,266,000. For each $1,000 note, payment at maturity depends on the S&P 500® performance from the trade date to the determination date.
If the final index level exceeds the initial level of 7,428.78, the cash payment equals $1,000 plus the index return, capped at a maximum settlement amount of $1,284 per $1,000 face amount. If the final level is equal to or below the initial level, investors receive only the $1,000 face amount, so downside index moves do not reduce principal at maturity but also provide no positive return.
The notes pay no periodic interest and will not be listed on any securities exchange. The original issue price is 100% of face amount, with an underwriting discount of 3.55% and net proceeds of 96.45% of face to the issuer. For U.S. tax purposes, the notes are treated as contingent payment debt instruments with a comparable yield of 5.065% per annum and a projected maturity payment of $1,225.19 on a $1,000 investment.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering callable notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER, a highly leveraged, rules-based futures index with a 40% volatility target, up to 500% exposure and a daily 6.0% p.a. decrement.
The notes pay conditional monthly coupons of $10.209 per $1,000 (about 1.0209% monthly, up to ~12.25% per year) only when the index is at least 60% of the initial level of 489.44. Beginning January 2027, the notes are automatically called if the index is at or above the initial level, returning principal plus the due coupon. At maturity on August 4, 2031, if not called, investors receive principal only if the index is at or above 60% of the initial level; otherwise repayment is fully exposed to index losses and can fall to zero.
The estimated value is about $922 per $1,000 face amount, below the issue price, reflecting fees and issuer economics. Investors face the credit risk of GS Finance Corp. and Goldman Sachs, the drag from the decrement, leverage-related volatility, complex signal-based index rules, and uncertain U.S. tax treatment.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering Contingent Income Auto-Callable Securities linked to the common stock of Palo Alto Networks, Inc. The notes are principal-at-risk, mature on August 10, 2029, and may be automatically called on quarterly call observation dates starting November 9, 2026 if the stock closes at or above the initial share price, returning $1,000 per note plus the contingent coupon.
On each coupon observation date, investors receive a contingent quarterly coupon of at least $43.75 per $1,000 only if the stock closes at or above the downside threshold price, set at 50.00% of the initial share price. A memory feature can pay previously missed coupons if conditions are later met. At maturity, if the final share price is at or above the downside threshold, investors receive $1,000 plus the final contingent coupon; otherwise the payoff equals $1,000 multiplied by the share performance factor, exposing investors to 1-for-1 downside below the threshold and potential total loss of principal. The notes do not participate in any upside of the underlying stock, have an original issue price of 100% with a 2.25% underwriting discount, and an estimated value between $910 and $970 per $1,000 note.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering non-interest-bearing, auto-callable notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The notes mature on August 4, 2031 unless automatically called on quarterly observation dates starting in August 2027, when the index closing level is at or above the initial level of 489.44; in that case investors receive $1,000 plus a call premium (from 24% up to 118% of face).
If never called and the final index level on July 28, 2031 is at or above the initial level, investors receive the maximum settlement amount of $2,200 per $1,000. If the index has fallen by up to 50%, principal is returned; below that “trigger buffer,” losses are 1:1 with the index and can reach a total loss of principal. The underlier uses up to 500% leverage, targets 40% volatility, and applies a 6% per annum decrement, which systematically drags performance and can cause underperformance versus an identical index without a decrement and versus the S&P 500® Index. The notes carry the unsecured credit risk of GS Finance Corp. and its guarantor. Original issue price is 100% of face amount, with an underwriting discount of 4.5% and estimated value of about $911 per $1,000.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering leveraged buffered notes linked to the S&P 500® Index under its Medium-Term Notes, Series F program. The notes pay no interest and return depends solely on index performance between an initial level, set as the lowest closing level during an observation period from the expected August 26, 2026 trade date to October 26, 2026, and a final level on the expected May 28, 2030 determination date.
At maturity (expected May 31, 2030), for each $1,000 face amount investors receive: (i) up to a maximum settlement amount of at least $1,340 with a 200% upside participation if the index rises, capped once the index gain reaches a cap level of at least 117% of the initial level; (ii) full principal repayment if the index is flat or down by up to 15%; or (iii) a loss of principal if the index falls more than 15%, with losses matching index declines beyond that buffer. The buffer level is 85% of the initial level and the buffer amount is 15%. The estimated value on the trade date is expected between $910 and $960 per $1,000, reflecting structural features, fees and issuer credit spreads. Payments are unsecured and subject to the credit risk of GS Finance Corp. and the guarantor, and secondary market value may differ materially from the estimated value.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing Series F market-linked notes tied to the common stock of Marvell Technology, Inc. The notes offer a monthly contingent coupon of at least $22.75 per $1,000 (at least 27.30% per annum) whenever the stock’s closing price on the relevant calculation day is at least 50% of the starting price; a memory feature allows previously missed coupons to be paid if a later observation is above this threshold.
Beginning with the November 2026 calculation day, the notes are auto-callable if Marvell’s stock closes at or above the starting price, in which case investors receive the $1,000 face amount plus the final and any unpaid coupons. If not called, at maturity on August 10, 2029 investors receive $1,000 only if the final stock price is at least 50% of the starting price; otherwise, repayment equals $1,000 times the stock performance factor, exposing investors to losses greater than 50% and potentially a total loss of principal. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and its guarantor, have an original offering price of $1,000 per note, an estimated value between $890 and $920 per $1,000, and are not listed on any exchange.
GS Finance Corp. is offering $5,000,000 in Trigger Autocallable GEARS notes linked to an equally weighted basket of 29 large-cap technology and data‑infrastructure stocks, guaranteed by The Goldman Sachs Group, Inc. The notes are unsecured and do not pay interest or dividends.
The notes may be automatically called on August 4, 2027 if the basket level is at least 100% of the initial basket level, paying $12.20 per $10 face amount (a 22.00% call return). If not called, at maturity on August 1, 2029 investors receive geared upside of 1.80× positive basket performance. Principal is protected only down to a 75.00% downside threshold; below that, losses are one‑for‑one with the basket and investors can lose their entire investment.
The initial issue price is 100% of face amount, including a 2.00% underwriting discount, with net proceeds of 98.00% to the issuer. The estimated value is about $9.21 per $10 at pricing. The notes are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc. and may have limited or no secondary market liquidity.
GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc., is offering autocallable contingent coupon equity-linked notes due August 2, 2029, linked to the common stock of Marvell Technology, Inc. The initial underlier level is $163.40, set on July 29, 2026. The notes pay quarterly contingent coupons only if the underlier’s closing level on the relevant observation date is at least the coupon trigger level, which equals 50% of the initial level. The same 50% level serves as the trigger buffer for principal protection.
The notes may be automatically called on specified observation dates starting February 1, 2027 if the underlier is at or above the initial level; in that case investors receive $1,000 per note plus the coupon due, ending the investment early. If the notes are not called and the final underlier level is below the trigger buffer level, the maturity payment is $1,000 + ($1,000 × underlier return), exposing investors to full downside of the stock and potential 100% loss of principal. Upside is capped at return of face value plus coupons; investors do not participate in stock appreciation.