GOLDMAN SACHS GROUP INC SEC Filings

GS Finance Corp. is offering structured medium-term notes linked to the common stock of NVIDIA Corporation (ticker: NVDA UW) with an aggregate face amount of $5,263,000. The notes pay a contingent quarterly coupon and feature an automatic call if the underlier closes at or above the initial level on any call observation date. The coupon is payable only when the underlier’s closing level on a coupon observation date is at least 60% of the initial underlier level. At maturity, if not called, the cash settlement per $1,000 face amount is $1,000 if the final underlier level is at or above the 60% trigger buffer; otherwise the cash payment equals $1,000 plus $1,000 times the underlier return, which means investors could lose up to 100% of their investment. Original issue price is 100% with net proceeds to issuer of 98.15%. Key dates: trade date June 18, 2026, original issue date June 24, 2026, and stated maturity June 23, 2028.

GS Finance Corp. priced callable indexed notes linked to the Goldman Sachs Momentum Builder® Focus ER Index. The offering totals $2,535,000 face amount with a stated maturity of June 28, 2032 (determination date June 21, 2032). The notes pay no periodic interest, may be automatically called on semi-annual observation dates if the index closes at or above the initial index level, and provide capped upside (maturity date premium 60.9%) or repayment of principal if the final index level is below the initial level. GS&Co. estimated the notes' value at $955 per $1,000 on the trade date and included an additional amount of $45 that declines to zero on June 27, 2027. Payments are subject to the issuer and guarantor credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. priced zero-coupon indexed notes due June 24, 2031 linked to three ETFs (VanEck Semiconductor, State Street Technology and State Street Energy). The notes bear no interest and are automatically called on September 18, 2026 if each ETF closes at or above 90% of its initial level, producing a fixed call payment of $1,186 per $1,000 face amount. If not called, maturity payoffs depend on the lesser performing underlier: positive upside pays 150% of that underlier return; final levels between 60% and 100% of initial return the face amount; below 60% the holder suffers amplified losses using a ~166.67% buffer rate and can lose the entire investment. The original issue price is 100% of face; the estimated value at pricing was approximately $959 per $1,000 face amount. Payments are unsecured and subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. is offering non‑interest bearing, equity‑linked notes tied to an equally weighted basket of seven stocks with an initial basket level of 100. The notes have an expected trade date of June 26, 2026, an expected automatic call observation date of July 9, 2027 (call payment expected July 14, 2027) and an expected stated maturity of June 29, 2028.

Payments: if auto‑called the minimum cash payment is at least $1,232.50 per $1,000 face amount; at maturity positive basket returns receive 125% upside participation, flat or modest declines above a 15% buffer pay principal, and larger declines are reduced by a buffer rate (~117.65%). Estimated value at pricing is $900–$930 per $1,000 face amount.

The issuer GS Finance Corp. is offering notes linked to the Goldman Sachs Momentum Builder® Focus ER Index with an aggregate face amount of $268,000 (trade date June 18, 2026, original issue date June 24, 2026, stated maturity June 24, 2031). The notes pay no interest and include an automatic call feature on annual observation dates beginning June 2027 if the index closes at or above 102% of the initial index level (114.18). If not called, maturity payoff per $1,000 is either the maximum settlement amount of $1,675 (if final index ≥ 102% of initial) or $1,000. The estimated value on the trade date was approximately $944 per $1,000 face amount; original issue price is 100% with a 1% underwriting discount.

GS Finance Corp. offers notes with an aggregate face amount of $2,297,000, issued June 24, 2026, and fully guaranteed by The Goldman Sachs Group, Inc.; the notes pay a contingent quarterly coupon and are subject to an automatic call feature.

For each $1,000 face amount, coupons of $28.375 may be paid quarterly (2.8375% quarterly, up to 11.35% per annum) when each underlier meets a 70% coupon trigger. If not called, maturity payment depends on the lesser performing underlier (S&P 500 Index and State Street SPDR S&P Regional Banking ETF); principal can be fully lost if the lesser performing underlier falls below the 70% trigger buffer. The original issue price is $1,000 per note (100% of face amount) and net proceeds to issuer are 98.5% of the face amount, after a 1.5% underwriting discount plus up to a 0.45% structuring fee.

The GS Finance Corp. contingent income auto-callable securities, guaranteed by The Goldman Sachs Group, Inc., offer an aggregate principal amount of $12,174,000 and reference an ADS of Arm Holdings plc. The initial share price is $439.46 and the downside threshold is $219.73 (50.00%).

The notes pay a contingent quarterly coupon that accrues as the product of $77.50 times coupon observation count less prior coupons, payable only if the underlying ADS closes at or above the downside threshold on each coupon observation date. The securities are automatically called if the ADS closes at or above the initial share price on any call observation date; otherwise payment at maturity equals $1,000 if the final share price is at or above the downside threshold, or $1,000 × (final share price / initial share price) if below, exposing holders to up to a total loss of principal.

The pricing date is June 18, 2026, original issue date June 24, 2026, and stated maturity June 22, 2029. The estimated model value at pricing was approximately $928 per security; the offering carries an underwriting discount of 2.25% ($273,915 total).

GS Finance Corp. is offering callable S&P 500® Index‑linked notes with an aggregate face amount of $6,003,000. The notes have a trade date of June 18, 2026, an original issue date of June 24, 2026, and a stated maturity of June 24, 2031, subject to earlier optional redemption by the issuer on scheduled call payment dates.

Holders receive no interest; if the final underlier level on the determination date exceeds the initial level of 7,500.58, the cash settlement equals $1,000 plus participation of 100% of the underlier return per $1,000 face. If the final level is equal to or below the initial level, holders receive the $1,000 face amount. The notes’ estimated value on the trade date was approximately $967 per $1,000 face; the original issue price is 100% of face with an underwriting discount of 2.5%.

GS Finance Corp. offers $20,689,000 aggregate principal amount of Contingent Income Auto-Callable Securities linked to the common stock of Vistra Corp. The securities pay contingent quarterly coupons of up to a cumulative schedule (based on $42.50 per observation increment) only if share prices meet a downside threshold of $98.25 (60.00% of the initial share price of $163.75). The notes are principal-at-risk: if the final share price on the determination date is below the downside threshold, payment at maturity equals the principal amount multiplied by the share performance factor (final/initial), which could result in substantial or total loss of principal. The securities may be automatically called early if the stock closes at or above the initial share price on any call observation date, in which case holders receive the principal plus any contingent coupon then due. The securities are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and their estimated value at issuance was approximately $968 per security.