GOLDMAN SACHS GROUP INC SEC Filings

GS Finance Corp. is offering Digital S&P 500® Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and pays no interest; the cash payment at maturity depends on the S&P 500® Index performance from the trade date to the determination date. If the final underlier level is at least 80% of the initial level (the trigger buffer), holders receive a capped maximum settlement amount of at least 115.75% of face value. If the final level is below the trigger buffer, holders lose 1% of face amount for each 1% decline below the initial level and could lose their entire investment. Trade date and pricing terms will be set on the trade date; the determination date is July 31, 2028 and stated maturity is August 3, 2028.

GS Finance Corp. is offering structured notes linked to the common stock of Synopsys, Inc. that pay a quarterly coupon of $42 per $1,000 face amount (a 4.2% quarterly coupon, or up to 16.8% per annum) only if the index stock closes at or above 60% of the initial index stock price on a coupon observation date. The notes are expected to trade on June 30, 2026, have an expected original issue date of July 6, 2026, and a stated maturity expected to be July 6, 2029, with the determination date expected to be July 2, 2029. The notes are automatically called if the index stock closes on a call observation date at or above the initial index stock price; if called, holders receive face amount plus the coupon then due. If not called, maturity pay‑out depends on the index stock return: if the final index stock price is below the trigger buffer price (defined as 60% of the initial index stock price), holders will receive less than 60% of face amount and no coupon; if the final index stock price is at or above the trigger buffer price, holders receive $1,000 plus any final coupon. The estimated value at pricing is between $925 and $955 per $1,000 face amount. Original issue price is 100% of face amount; underwriting discount is 2%; net proceeds to issuer are 98%.

GS Finance Corp. is offering $1,000-face autocallable contingent coupon index-linked notes due July 15, 2032, guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent quarterly coupon of $25.375 per $1,000 (2.5375% quarterly, up to 10.15% per annum) only if each underlier equals or exceeds 75% of its initial level on the coupon observation date. The notes are automatically called if, on any call observation date, each underlier is at or above its initial level, in which case holders receive $1,000 plus the coupon then due. If not called, the cash payment at maturity is based solely on the performance of the lesser performing underlier; a final level below 75% can produce substantial principal loss, including the potential loss of the entire invested amount.

GS Finance Corp. is offering callable Nasdaq-100 Index®-linked notes due, expected to mature on August 4, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, have a face amount of $1,000 per note and participate at an upside participation rate of 100% in positive index performance measured from the trade date (expected July 30, 2026) to the determination date (expected July 21, 2031).

The issuer may redeem the notes on monthly call payment dates beginning in August 2027 at 100% of face amount plus a call premium set on the trade date (examples start at at least 9.5004% for August 4, 2027, rising over time). If not redeemed, at maturity each $1,000 face amount pays $1,000 if the index return is zero or negative, or $1,000 plus $1,000 times the index return if the final index level exceeds the initial index level. The pricing supplement states an estimated value on the trade date between $885 and $935 per $1,000 face amount.

GS Finance Corp. is offering Digital EURO STOXX® Banks Index‑Linked Notes due 2026, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and does not pay interest. The cash payment at maturity is tied to the EURO STOXX® Banks Index level on a single determination date expected 23–26 months after the trade date. If the final index level is ≥ 80% of the initial level, holders receive a capped threshold/maximum settlement amount expected between $1,215.7 and $1,253.1 per $1,000 face amount. If the final level is below 80%, investors suffer losses: the payment equals $1,000 plus $1,000×125%×(index return + 20%), which can result in a substantial or total loss of principal. The notes’ estimated value at pricing is between $945 and $975 per $1,000 face amount. Payment is subject to the issuer’s and guarantor’s credit risk and various index, market disruption, currency, concentration, and tax risks.

GS Finance Corp. offers callable, non‑interest bearing medium‑term notes linked to the capital stock of International Business Machines Corporation ("IBM"). The notes have an expected trade date of July 10, 2026, an expected original issue date of July 15, 2026 and an expected stated maturity date of July 13, 2029. They are automatically called if the closing price of IBM on any call observation date is greater than or equal to 75% of the initial index stock price, producing a cash payment equal to the $1,000 face amount plus the applicable call premium. If not called, the maturity payoff is based on the index stock return; the maximum settlement amount at maturity is $1,450 per $1,000 face amount and the maturity date premium amount is 45%. If the final index stock price is below 75% of the initial index stock price, the cash settlement at maturity declines pro rata and could result in a complete loss of principal. The estimated value at term-setting is expected to be between $925 and $965 per $1,000 face amount. GS&Co. will serve as calculation agent and may act as market‑maker; payments are subject to issuer and guarantor credit risk.

GS Finance Corp. is offering Market Linked Securities—auto-callable, contingent-coupon notes linked to Applied Optoelectronics, Inc. with a stated maturity of July 6, 2029. Each $1,000 face amount will have a contingent coupon (set on pricing) of at least $108.125 (equivalent to 43.25% per annum) and an original offering price of $1,000. Coupons pay quarterly only if the underlying stock on a calculation day is >= the coupon threshold (50% of the starting price); missed coupons can be paid later if a subsequent calculation day meets the coupon threshold. The notes will be automatically called on a call date if the underlying stock on that date is >= the call threshold (90% of the starting price), in which case holders receive face amount plus final and any unpaid coupons. If not called, principal at maturity depends on the final stock price: if the ending price is < the downside threshold (40% of the starting price), holders will suffer losses 60% or complete loss). The issuer estimates the securities' model value at pricing between $880 and $910 per $1,000 face amount; underwriting discount is up to $23.25 per $1,000. All payments are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. offers $1,000-face-format Autocallable S&P 500® Index-Linked Notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, feature an 110% upside participation rate and an automatic call that, if triggered, pays $1,100 per $1,000 face amount on the call payment date. If not called, maturity payment depends on the S&P 500 closing level on the determination date; negative or zero underlier returns deliver only the face amount. Trade date is July 30, 2026, original issue date is August 4, 2026, stated maturity is August 6, 2029, and the call observation date is July 31, 2028.

The notes are subject to issuer and guarantor credit risk, valuation and secondary-market liquidity risk, complex U.S. federal tax treatment as contingent payment debt instruments, and potential withholding under certain non-U.S. rules. Pricing shows the original issue price exceeds model-estimated value; market-making by GS&Co. is discretionary.

GS Finance Corp. is offering Digital S&P 500® Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and pays no interest. At maturity the cash payment depends on the S&P 500 performance: if the final level is ≥85% of the initial level you receive a capped maximum settlement amount (at least $1,197.50 per $1,000 face amount); if the final level is below 85% you lose 1% of face for each 1% decline and could lose your entire investment.

Key dates include a trade date of July 31, 2026, original issue date of August 5, 2026, determination date of July 31, 2028 and stated maturity of August 3, 2028. Notes are subject to issuer and guarantor credit risk, limited upside due to the cap, pricing that exceeds estimated model value at issuance, uncertain tax treatment, and potentially limited liquidity.