GOLDMAN SACHS S&P ENHNCD 424B Filings

The Goldman Sachs Group, Inc. is offering $10,000,000 aggregate principal amount of Callable Fixed Rate Notes due October 22, 2030. The notes pay interest at 5.00% per annum, with annual interest payments each October 22, beginning October 22, 2026. The issuer may redeem the notes in whole (not in part) on each January 22, April 22, July 22 and October 22 on or after October 22, 2026, with at least five business days’ prior notice, at 100% of principal plus accrued interest. The initial public offering price is 100% (per note $10,000) with an underwriting concession up to 0.15%, producing proceeds before expenses to the issuer of $9,985,000. Notes will be issued in book-entry form through DTC and are subject to FATCA withholding and various jurisdictional distribution restrictions.

GS Finance Corp. offers autocallable contingent coupon index-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay contingent quarterly coupons only if each underlier (S&P 500 and EURO STOXX 50) is ≥80% of its initial level on coupon observation dates, may be automatically called early if both underliers are ≥ their initial levels on a call observation date, and at maturity (if not called) pay either $1,000 per $1,000 face amount or $1,000 + ($1,000 × the lesser performing underlier return), exposing holders to possible loss of principal including any premium paid.

The Goldman Sachs Group, Inc. offers callable fixed rate notes paying 5.25% per annum, expected to be issued on April 30, 2026 and mature on April 30, 2036. Interest is payable semiannually on April 30 and October 30, with the first payment expected October 30, 2026.

The notes are callable at the issuer's option in whole (not in part) on specified quarterly redemption dates beginning April 30, 2028, at a redemption price equal to 100% of principal plus accrued interest, with at least five business days' prior notice. The offering is being distributed by Goldman Sachs & Co. LLC and is subject to the legal and tax terms in the prospectus, including FATCA withholding and various cross‑border distribution restrictions.

GS Finance Corp. is offering Trigger Autocallable Contingent Yield Notes with Memory Coupon Feature linked to the Class C common stock of Dell Technologies Inc. The notes have a $10 face amount, a contingent coupon per $10 equal to the product of between $0.375 and $0.40 (set on the trade date) times the number of observation dates less prior coupons, and an automatic call feature commencing on July 24, 2026. The trade date is set for April 24, 2026, original issue date April 29, 2026, determination date April 24, 2029, and stated maturity April 27, 2029. The coupon barrier and downside threshold equal 50% of the initial price; if the final price is below that threshold, principal repayment is contingent and holders may lose some or all of their investment. The estimated value at pricing is between $9.40 and $9.70 per $10 face amount; the underwriting discount is 2.25%.

GS Finance Corp. priced principal-at-risk, autocallable notes linked to the Russell 2000®, S&P 500® and the State Street® SPDR® S&P® Regional Banking ETF with expected trade date April 24, 2026 and expected original issue date April 29, 2026. Coupons of $10.834 per $1,000 (1.0834% monthly, ~13% p.a. potential) are paid only if each underlier on an observation date is ≥70% of its initial level. Notes are automatically called if all underliers are ≥ their initial levels on a call observation date (first call window begins October 2026). At maturity (expected April 29, 2031), if any underlier is below 70% of its initial level, repayment is tied to the lesser performing underlier and can result in a principal loss 30%). The estimated value at pricing is $885–$925 per $1,000 face amount. Payments are subject to issuer and guarantor credit risk.

GS Finance Corp. is offering non‑interest structured notes linked to an equally weighted basket of eight stocks including NVDA and AVGO. The notes have an expected trade date of April 24, 2026, an expected original issue date of April 29, 2026, an expected call observation date of May 7, 2027 and an expected stated maturity of April 27, 2028. If the basket closing level on the call observation date is at or above the initial basket level of 100, the notes will be automatically called for at least $1,191 per $1,000 face amount. At maturity the cash settlement depends on the final basket level: upside participation is 125%, there is a 15% buffer (buffer level = 85%) and a buffer rate of ~117.65%. The estimated value at pricing is between $900 and $930 per $1,000 face amount. Payments are unsecured obligations of GS Finance Corp. and subject to issuer and guarantor credit risk.

GS Finance Corp. offers $1,000 face‑amount autocallable contingent coupon index‑linked notes due April 29, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes pay a contingent monthly coupon of $7.292 per $1,000 (0.7292% monthly; up to ~8.75% per annum) only if each underlier is >= 75% of its initial level on the coupon observation date. The three underliers are the Dow Jones Industrial Average, Nasdaq‑100 and Russell 2000. If, on any call observation date, all underliers are >= their initial levels the notes are automatically called at par plus any coupon then due. At maturity (if not called) the cash settlement per $1,000 depends solely on the lesser performing underlier: if that underlier is below 70% of its initial level investors suffer a proportional loss (e.g., a 17% final level would return 17% of face). The notes are subject to issuer and guarantor credit risk, model/valuation discounts versus issue price, limited secondary liquidity, and uncertain U.S. federal tax treatment.

The issuer, GS Finance Corp., is offering structured, principal‑at‑risk notes linked to three underliers: the Russell 2000® Index, the S&P 500® Index, and the State Street® SPDR® S&P® Regional Banking ETF. The notes have an expected trade date of April 24, 2026 and an expected stated maturity of April 29, 2031. Monthly coupons of $10.834 per $1,000 (1.0834% monthly, ~13% annually) are payable only if all three underliers are at or above 70% of their initial levels on an observation date. The notes are subject to automatic early redemption if, on a call observation date, each underlier is at or above its initial level. At maturity (if not called), repayment depends on the lesser performing underlier: if that underlier is below 70% of its initial level you suffer a proportional principal loss; if it is at or above 70% you receive the face amount plus any final coupon. The notes are unsecured obligations of GS Finance Corp. and are guaranteed by The Goldman Sachs Group, Inc.; payments depend on issuer and guarantor creditworthiness. The estimated model value on the trade date is between $885 and $925 per $1,000 face amount, below the original issue price of $1,000.

The Goldman Sachs Group, Inc. is offering $50,000,000 aggregate principal of floating rate notes due May 24, 2027.

The notes pay interest monthly at compounded SOFR plus a spread of 0.360%, subject to a 0.50% per annum floor. The original issue date is April 24, 2026; denominations are $1,000. The offering carries an underwriting discount of 0.04%.

GS Finance Corp. priced structured notes linked to XLI ETF and UPS Class B stock. The notes pay a fixed coupon of $8.334 per $1,000 monthly (0.8334% monthly, ~10% annually) from May 2026 through maturity. At maturity the cash settlement per $1,000 face depends on the lesser performing underlier measured from initial levels set on April 16, 2026 to the determination date on or about April 19, 2028. If each underlier’s final level is ≥60% of its initial level, holders receive $1,000; otherwise payment equals $1,000 plus $1,000 times the lesser performing underlier return (subject to adjustments). Initial underlier levels are $170.33 (XLI) and $105.06 (UPS Class B). Trade date is April 17, 2026, original issue date April 22, 2026, stated maturity April 24, 2028. Aggregate face amount initially $2,501,000. The pricing supplement shows an estimated model value of approximately $997 per $1,000 face amount and an original issue price of 100%, with an underwriting discount of 0.4% and net proceeds of 99.6%.

GS Finance Corp. is offering autocallable index-linked notes due April 24, 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, may be automatically called for $1,157.50 per $1,000 on the April 19, 2027 call observation date, and mature on April 24, 2029. The maturity payout is tied to the performance of the lesser performing of the S&P 500®, Nasdaq-100® and Russell 2000® indices, with an 125% upside participation rate and a 65% trigger buffer. The aggregate face amount on issue is $938,000, original issue price is 100% of face and the underwriting discount is 1%. The estimated model value at terms is approximately $980 per $1,000 face.

GS Finance Corp. offers structured notes (guaranteed by The Goldman Sachs Group, Inc.) linked to two ETFs: the State Street® Consumer Staples Select Sector SPDR® ETF and the State Street® Technology Select Sector SPDR® ETF. The notes pay a fixed monthly coupon of $7.50 per $1,000 (0.75% monthly, up to 9% per annum) and carry an automatic call feature if both ETFs are at or above their initial levels on any call observation date. If not called, maturity payment depends on the lesser performing ETF return relative to its initial level; payments are protected only if each ETF return is >= -35% (i.e., final level >= 65% of initial). The stated maturity date is April 24, 2028. The original issue price is 100% of face amount; the estimated value at pricing was approximately $993 per $1,000 face amount, and the aggregate original face amount was $2,501,000. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering callable, contingent‑coupon buffer notes linked to the common stock of Marvell Technology, Inc. The offering aggregates $8,894,000 of face amount in $1,000 notes that pay a contingent quarterly coupon of up to $61 per observation when the underlier closes at or above 65% of the initial level. The notes are automatically called if the underlier closes at or above the initial level on any call observation date. At maturity the cash settlement is capped at 100% of face if the final underlier level is at or above the 65% buffer, but can decline substantially below face if the final underlier level breaches the buffer; investors could lose their entire investment. Trade date is April 17, 2026, original issue date April 22, 2026, and stated maturity May 6, 2027.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured notes linked to the EURO STOXX 50® Index. The notes pay no interest, may be automatically called on April 19, 2027 if the underlier closes at or above the initial level, and mature on April 22, 2031. If automatically called, the call payment equals $1,192 per $1,000 face amount. At maturity, cash settlement depends on the final underlier level: investors receive participation of 150% on upside, breakeven at the trigger buffer level of 80%, or suffer losses down to the underlier return, potentially losing the entire investment.

GS Finance Corp. is offering autocallable index-linked notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Russell 2000® and EURO STOXX 50® and include a quarterly automatic call feature beginning October 28, 2026. The cash settlement at maturity depends on the performance of the lesser performing underlier and is capped by a 60.00% maturity date premium; a trigger buffer is set at 75% of each initial underlier level. The notes pay no interest, are subject to issuer and guarantor credit risk, and may result in a total loss if the lesser performing underlier falls below the trigger buffer.

GS Finance Corp. priced capped, non‑interest EURO STOXX 50® linked notes. The offering has an aggregate face amount of $5,790,000 and a 150% upside participation rate with a 80% trigger buffer. The notes pay no interest, are subject to issuer/guarantor credit risk, and may be automatically called on the call observation date if the underlier closes at or above the initial level; in that event holders receive $1,171.50 per $1,000 face amount on the call payment date. If not called, maturity payoff depends on final underlier performance: full upside participation when above the initial level, principal protected at and above the trigger buffer, and pro rata loss below the trigger buffer, potentially resulting in a total loss of principal. Pricing reflects a 2% underwriting discount plus a structuring fee of up to 0.8%.

GS Finance Corp. is offering principal‑protected‑capped notes linked to Repligen Corporation common stock. Each note has a $1,000 face amount; the cash payment at maturity depends on the index stock return from the trade date (expected April 21, 2026) to the determination date (expected August 25, 2027). If the final index stock price is ≥ the initial price, holders receive a capped $1,441.5 per $1,000 face amount. If the final price falls up to 10%, holders receive the face amount; declines greater than 10% produce a negative return equal to the index stock return. Notes do not bear interest; estimated value at pricing is between $925 and $955 per $1,000 face amount. Payments are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.; GS&Co. is the calculation agent with sole discretion on pricing adjustments and certain determinations.

The Goldman Sachs Group, Inc. is offering $5,200,000 aggregate principal amount of fixed rate senior notes due April 21, 2031 with an interest rate of 4.625% per annum, issued at 100% of principal (original issue date April 21, 2026).

Interest is payable semiannually on April 21 and October 21, commencing October 21, 2026. The underwriting discount is 0.41%, producing net proceeds to the issuer of 99.59% of principal.

The Goldman Sachs Group, Inc. is offering $2,080,000 of fixed rate medium‑term notes. The notes carry a 4.75% per annum coupon, pay interest semiannually on April 21 and October 21, and mature on April 21, 2031. They were issued at 100% of principal with a 0.55% underwriting discount and will be issued in book‑entry form through DTC.

The Goldman Sachs Group, Inc. is offering $2,000,000 principal amount of fixed rate notes due April 23, 2029. The notes pay interest at 4.50% per annum, with semiannual interest payment dates on April 21 and October 21 (April 2029 payment is the maturity date). The original issue price is 100% of principal; underwriting discount is 0.3%, leaving net proceeds to the issuer of 99.7% of the principal amount. The notes will be issued in book-entry form as a master global note, will not be listed, and GS&Co. will act as calculation agent. The offering is part of the Medium-Term Notes, Series N program and will be sold to Goldman Sachs & Co. LLC, which may resell in market-making transactions.

GS Finance Corp. offers non‑interest bearing, callable notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER (Bloomberg: SPAR4V6). The notes mature on April 28, 2032 but may be automatically called on specified observation dates beginning in April 2027 if the underlier is ≥ 95% of the initial level, producing a capped call payment. If not called, maturity payoff depends on the underlier return vs. the initial level, with a 50% trigger buffer protecting principal up to a 50% decline and a maximum settlement amount of $2,650 per $1,000 face amount. The underlier applies a daily 6.0% per annum decrement and may use up to 500% leverage; these features reduce expected index performance. The pricing models estimated the notes' value at issuance between $885 and $925 per $1,000 face amount.

GS Finance Corp. offers callable structured notes linked to the VanEck Gold Miners ETF, the SPDR® Gold Trust and the iShares® Silver Trust. The notes may pay a $37.50 quarterly coupon per $1,000 face amount (3.75% quarterly; potential up to 15% per annum) if on each coupon observation date every underlier is at least 70% of its initial level. The notes mature on April 25, 2028 unless redeemed by the issuer (redemptions possible on coupon payment dates from October 2026 through January 2028 at 100% of face plus any coupon then due). At maturity the cash settlement depends on the lesser performing ETF: if the lesser performing ETF is at or above 70% of its initial level, holders receive par plus the final coupon; if below 70%, the cash settlement applies a buffer rate of approximately 142.86% to the lesser performing ETF return, which can result in losses to principal. The estimated value at pricing is stated between $925 and $955 per $1,000 face amount.

GS Finance Corp. is offering $17,632,550 aggregate face amount of Buffer Autocallable GEARS linked to the S&P 500® Index, guaranteed by The Goldman Sachs Group, Inc. The notes mature April 19, 2029, carry a 10.00% buffer, 1.32 upside gearing and a 9.00% call return; automatic call if the index closes at or above 100.00% of the initial level on the call observation date. Payments depend on index performance and are subject to issuer and guarantor credit risk.

GS Finance Corp. is offering floating rate notes due April 21, 2033, guaranteed by The Goldman Sachs Group, Inc. The prospectus supplement describes $1,000 denominations and an initial aggregate principal amount of $10,000,000, an original issue price of 100%, and settlement on April 21, 2026. Interest accrues quarterly and is payable on January 21, April 21, July 21 and October 21, beginning July 21, 2026, through the maturity date. Interest will equal compounded SOFR plus a 1.25% spread, subject to a 0.00% minimum. GS&Co. is the calculation agent and may make conclusive determinations, and GS&Co. or affiliates may hedge or make a market in the notes. The notes are unsecured, not FDIC insured, and payments are subject to issuer and guarantor credit risk.

The S&P 500® Volatility Plus Daily Risk Control Index is a dynamic, leveraged index that targets realized volatility of the S&P 500® plus 10%, with a minimum exposure of 100% and a maximum exposure of 200%. The index launched on March 21, 2022 (base date December 31, 1991, base value 100) and uses hypothetical performance prior to launch. As of April 1, 2026 the index exposure was 158.78%. Historical annualized returns and volatilities are presented for multiple periods, but the supplement cautions that past or hypothetical results are not predictive of future performance.

GS Finance Corp. provides an April 2026 index supplement describing the S&P 500® Daily Risk Control 5% USD Excess Return Index (Bloomberg: SPXT5UE), the excess‑return version of the Risk Control index that nets borrowing costs at SOFR + 0.02963%. The supplement explains the index’s 5% volatility target, dynamic exposure to the S&P 500® Total Return Index and historical annualized returns and volatilities through April 1, 2026. It also discloses the December 20, 2021 switch from overnight U.S. dollar LIBOR to SOFR and lists selected risk factors including credit risk of GS Finance Corp. and Goldman Sachs Group, potential divergence from the Total Return Index, borrowing‑cost impacts, and limits of historical SOFR data for informed decision‑making.

GS Finance Corp. priced $20,011,000 of Buffered PLUS linked to the S&P 500® Index. These unsecured, non‑interest bearing notes issued April 21, 2026 and due November 3, 2028 provide 200% leveraged upside subject to a maximum payment of $1,267.50 per $1,000 note and a 10.00% buffer. If the final index value is within the buffer, holders receive $1,000; declines beyond the buffer reduce principal 1% per 1% loss subject to a $100 minimum. The initial index value is 7,041.28, estimated value per note was ~$978, and the offering carried a 3.00% underwriting discount.

GS Finance Corp. and Goldman Sachs & Co. LLC provide an index supplement for securities linked to the Dow Jones Industrial Average Futures Excess Return Index (Bloomberg: DJIAFP). The index tracks the nearest‑maturing quarterly E‑mini Dow ($5) futures contract and has a base value of 100 as of June 14, 2002. The supplement discloses index metrics through April 1, 2026, including annualized returns and volatilities (1‑, 3‑, 5‑year and since January 4, 2021), launch date (April 8, 2015), calculation and publication by S&P Dow Jones Indices LLC, and key risks such as negative roll yield, lack of dividend pass‑through, credit risk of the issuer/guarantor, and market‑suspension risk.

The supplement describes the S&P 500® Futures Excess Return Index (SPXFP) as the nearest‑maturing quarterly E‑mini S&P 500 futures contract on the Chicago Mercantile Exchange, maintained by S&P Dow Jones Indices LLC. It provides historical performance, annualized return and volatility through April 1, 2026, and selected risk factors for securities linked to the index, which GS Finance Corp. may use in initial sales or market‑making transactions.

GS Finance Corp. is offering autocallable S&P 500® Index-linked notes due 2030, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and may be automatically called on the call observation date if the underlier's closing level is greater than or equal to the initial level; an automatic call would pay $1,113 per $1,000. If not called, maturity payments depend on S&P 500 performance with a 140% upside participation rate, an 80% buffer level and a 125% buffer rate, exposing investors to potential loss up to their entire investment. Trade date is April 22, 2026, original issue date April 27, 2026, determination date April 22, 2030 and stated maturity April 25, 2030. The notes do not bear interest, are cash-settled, carry issuer and guarantor credit risk, and may have limited secondary-market liquidity.

GS Finance Corp. is offering callable, equity-linked medium-term notes guaranteed by The Goldman Sachs Group, Inc. The notes reference three stocks: Zeta Global Class A, Oscar Health Class A and NIKE Class B. Trade date is expected to be April 24, 2026 with stated maturity expected May 1, 2028.

Each $1,000 note may pay monthly coupons if each index stock closes at or above 50% of its initial price on coupon observation dates; the coupon accrues at $23.334 per month (2.3334% monthly). Notes are subject to automatic call on observation dates beginning in October 2026 if each index stock closes at or above its initial price. Estimated value at pricing is between $900 and $920 per $1,000 face amount.

GS Finance Corp. priced a $1,000 face‑amount structured note linked to a weighted basket of Chevron, ConocoPhillips and Exxon Mobil. The securities mature on October 21, 2027 and pay at maturity a cash amount tied to the basket’s ending level versus a starting level of 100.

The notes provide 125% upside participation capped by a maximum return of 26.75% (maximum maturity payment $1,267.50 per $1,000) and include a 15% buffer such that losses beyond the 15% buffer are borne 1:1 (investors can lose up to 85% of face amount). GS&Co. is calculation agent and market‑maker; estimated value at pricing was $962 per $1,000.

GS Finance Corp. (index supplement) describes the S&P 500® Futures Volatility Plus Daily Risk Control Index (Bloomberg: SPXFVPRE), which targets leveraged exposure (minimum 100% / maximum 200%) to the S&P 500® Futures Excess Return Index using a dynamic volatility target. The index launched on April 25, 2022 and uses historical and hypothetical data through April 1, 2026. The index’s exposure to the futures excess return index was 158.79% on April 1, 2026. Annualized returns and volatilities (using hypothetical data where noted) are reported for several horizons; the supplement cautions that past or hypothetical performance is not indicative of future results and lists detailed risk factors relating to futures linking, leverage, volatility measurement, credit risk, and limited operating history.

GS Finance Corp. offers structured notes linked to a three-bank basket. The offering has an aggregate face amount of $1,667,000 on the original issue date and matures on April 27, 2027 (determination date April 22, 2027). Each $1,000 face amount pays a capped maximum settlement of $1,232.5 if the final basket level is ≥ the initial basket level of 100; otherwise holders receive $1,000 adjusted by the basket return. The notes carry an estimated value of $971 per $1,000 face amount on the trade date and reflect an underwriting discount of 2%.

The issuer offers principal-at-risk structured notes linked to the Russell 2000, the Nasdaq-100 Technology Sector Index and the VanEck Semiconductor ETF. Expected trade date is April 24, 2026 and stated maturity is April 29, 2032. Monthly coupon: $15.625 per $1,000 (1.5625% monthly; up to 18.75% per annum) payable only if each underlier on the coupon observation date is ≥ 75% of its initial level. Notes are automatically called if, on any call observation date, each underlier is ≥ its initial level; redeemed at face plus coupon. At maturity (if not called), payoff depends on the worst-performing underlier: full principal if each final level ≥ 75%; no coupon but full principal if final levels ≥ 60% but any 75%; or a loss proportional to the lesser performing underlier if any final level < 60%. Estimated value at pricing: $885–$925 per $1,000 face amount. Payments depend on issuer/guarantor credit of GS Finance Corp. and The Goldman Sachs Group, Inc..

GS Finance Corp. offers principal-at-risk notes linked to a 6-stock equally weighted defense/aerospace basket. The notes have a $1,000 face amount per note, an expected trade date of April 22, 2026, an expected original issue date of April 27, 2026, an automatic-call observation on April 22, 2027 (call payment April 29, 2027) and an expected stated maturity of April 30, 2029.

If called, each $1,000 face amount pays $1,098. At maturity the payout depends on the basket return: if final level >= initial level you receive $1,000 plus 150% of the basket upside; if final level < initial but >= 60% of initial you receive $1,000; if final level < 60% you receive $1,000 plus the basket return (loss can exceed 40%, potentially losing most of principal). Estimated value at pricing is between $925 and $955 per $1,000 face amount.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) offers callable, structured notes linked to four large-cap stocks. The notes pay a monthly coupon that is $7.375 (maximum) if each index stock closes at or above 80% of its initial price on an observation date, or $0.209 (minimum) otherwise. The trade date is expected to be April 27, 2026, original issue date April 30, 2026, and stated maturity is expected to be May 5, 2031. Observation dates run monthly; the notes are automatically called if, on a call observation date, each index stock closes at or above its initial price. The estimated model value at pricing is between $885 and $925 per $1,000 face amount.

GS Finance Corp. is offering leveraged S&P 500 Index-linked notes due 2027, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount, a 300% upside participation rate and a $1,142.50 maximum settlement amount. The trade date is April 27, 2026, original issue date April 30, 2026, determination date June 23, 2027 and stated maturity date June 28, 2027. The notes pay no interest and pay a cash settlement at maturity tied to the S&P 500 Index performance; downside is full exposure to any index decline, and the investment is subject to issuer and guarantor credit risk.

GS Finance Corp. is offering $898,000 aggregate face amount of medium-term notes guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and mature on March 31, 2028. The cash payment at maturity is determined solely by the lesser performing underlier of the Russell 2000 Index and the S&P 500 Index: if that underlier is greater than or equal to its initial level you receive a capped maximum settlement amount of $1,130 per $1,000 face amount; if any underlier is below its initial level you receive the $1,000 face amount. Trade date is April 14, 2026 and the determination date is March 28, 2028 (subject to adjustment). The original issue price is 100% of face, underwriting discount 1.75%, net proceeds to the issuer 98.25%. U.S. federal tax treatment: the notes are treated as contingent payment debt instruments with a comparable yield of 4.3558% per annum and a projected payment at maturity of $1,089.22 per $1,000.

GS Finance Corp. is offering autocallable contingent coupon index-linked notes due April 21, 2031, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and may pay a contingent quarterly coupon of $24.375 (2.4375% quarterly, 9.75% per annum) if each underlier meets its coupon trigger level. Coupons, automatic call events and the cash settlement at maturity are tied to the Dow Jones Industrial Average, the Russell 2000 and the S&P 500. If not called, the cash settlement at maturity is based on the performance of the lesser performing underlier; investors can lose their entire investment if that underlier falls below its trigger buffer level.

GS Finance Corp. offers autocallable, contingent-coupon equity-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. Each note has a face amount of $1,000 and references the common stock of Microsoft Corporation (ticker "MSFT").

Coupons are contingent quarterly payments based on a 70% coupon trigger level of the initial underlier level, with a coupon formula tied to increments of $26.25 per observation schedule. The notes are automatically called if the underlier closes at or above the initial level on a call observation date. At maturity (determination date April 17, 2029; stated maturity April 20, 2029), the cash settlement per $1,000 equals $1,000 if the final underlier level is at or above the 70% trigger buffer level; otherwise the settlement equals $1,000 plus $1,000 times the underlier return, meaning investors may lose up to their entire investment.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering autocallable S&P 500&reg; Index-Linked Notes due 2028. The notes pay no interest, may be automatically called for $1,100 per $1,000 if the underlier on the call observation date is at or above the initial level, and otherwise settle in cash at maturity based on S&P 500 performance.

Key terms set on the trade date include an upside participation rate of at least 206%, a buffer level at 90% of the initial level (a buffer amount of 10%), trade date April 17, 2026, original issue date April 22, 2026, call observation date April 30, 2027, and stated maturity April 20, 2028. The notes are senior debt under the GSFC 2008 indenture. Investors may lose their entire investment if the final underlier level is below the buffer.

GS Finance Corp. is offering S&P 500® Index‑Linked Notes due May 1, 2031, guaranteed by The Goldman Sachs Group, Inc.. Each note has a $1,000 face amount and no periodic interest; the cash payment at maturity depends on the S&P 500® performance from the trade date to the determination date and is capped at a maximum settlement amount of $1,907.50. If the final index level is at or above 70% of the initial level, holders receive at least the face amount; if it is below 70%, principal is reduced proportionately and holders could lose their entire investment. The trade date is April 28, 2026 and the stated maturity is May 1, 2031, with Goldman Sachs & Co. LLC as calculation agent.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering Buffered Digital S&P 500® Index-Linked Notes due 2027. Each note has a $1,000 face amount and pays no interest. At maturity the cash payment depends on the S&P 500 closing level: if the final level is ≥90% of the initial level you receive a capped maximum settlement amount of at least $1,092.50; if below 90% you incur losses equal to approximately 1.1111% of face value for each 1% decline below the 90% buffer and could lose your entire investment. The notes are unsecured senior debt issued under GS Finance Corp.'s Medium-Term Notes, Series F program and are fully guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. priced autocallable, buffered S&P 500® index-linked notes guaranteed by The Goldman Sachs Group, Inc. The notes (face $1,000 each) do not bear interest, may be automatically called if the S&P 500 closing level on the call observation date is greater than or equal to the initial level, and mature on the stated maturity date if not called. If called, the cash payment per $1,000 face amount will be at least $1,095.20; at maturity the cash settlement depends on the final underlier level, with a 15% buffer (buffer level = 85%) and a buffer rate of approximately 117.65%. The estimated model value on the trade date is between $900 and $930 per $1,000 face amount, which is below the original issue price.

GS Finance Corp. is offering $1,218,000 aggregate face amount of indexed, automatically callable notes, fully guaranteed by The Goldman Sachs Group, Inc. The notes pay either an annual automatic call premium if the index meets rising call levels or, if not called, a maturity cash settlement tied to the Goldman Sachs Momentum Builder® Focus ER Index.

The notes carry a 100% upside participation rate but include index deductions (0.65% p.a.), volatility and momentum controls that can shift exposure to zero‑return cash positions. The estimated trade‑date value is $935 per $1,000 (less than the $1,000 issue price); underwriting discount is 1.375% (net proceeds 98.625%).

GS Finance Corp. prices medium‑term, equity‑index linked notes due November 2, 2028. Each security has a face amount of $1,000 and provides upside participation subject to a maximum return that will be at least 43.25% (making the maximum maturity payment at least $1,432.50). The securities feature a 15.00% buffer on downside exposure and 1‑for‑1 downside beyond that (investors may lose up to 85.00% of face amount). The estimated model value at pricing is between $925 and $955 per $1,000 face amount; the original offering price is $1,000 with an underwriting discount up to $25.75 (proceeds to issuer $974.25 per security). 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 offering callable structured notes linked to the Class C capital stock of Alphabet, common stock of Tesla, common stock of NVIDIA and Class A common stock of Palantir. The notes mature April 16, 2031, but may be automatically called on specified observation dates beginning April 2027 if each index stock meets a 90% trigger. Monthly coupons per $1,000 face amount pay either a maximum $8.625 or a minimum $0.209 depending on whether each index stock meets 80% coupon triggers. The initial issue price is 100% of face and the prospectus lists an estimated value of approximately $952 per $1,000 face amount on the trade date. Original issue aggregate face amount is $3,965,000; underwriting discount is 4.25% (net proceeds 95.75%). The notes are unsecured obligations subject to issuer and guarantor credit risk and contain anti-dilution, market disruption and calculation agent discretions described in the supplement.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured, non‑interest bearing notes tied to the S&P 500® Index. For each $1,000 face amount at maturity you may receive: (a) $1,000 plus 125% of the underlier gain capped at a $1,200 maximum if the final level exceeds the initial level; (b) $1,000 if the final level is between 85% and 100% of the initial level; or (c) a reduced cash payment that declines dollar‑for‑dollar below the 85% buffer, exposing investors to meaningful principal loss. Trade date was April 9, 2026, original issue date April 14, 2026, determination date October 11, 2027 and stated maturity October 14, 2027. The aggregate face amount offered is $1,930,000. The notes are unsecured senior debt under a medium‑term note program, subject to issuer and guarantor credit risk, limited upside due to a $1,200 maximum settlement amount, no interest payments, and uncertain U.S. federal tax treatment.