GOLDMAN SACHS S&P ENHNCD 424B Filings

GS Finance Corp. is offering Leveraged S&P 500® Futures Excess Return Index‑Linked Notes due 2031, fully guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity is tied to the performance of the S&P 500® Futures Excess Return Index as measured from the trade date to the determination date.

Key terms: upside participation of 300%, a maximum settlement amount of $1,893 per $1,000 face amount, a trigger buffer at 70% of the initial underlier level, trade date April 17, 2026, original issue date April 22, 2026, and stated maturity April 22, 2031. If the final underlier level is below the trigger buffer, investors may lose up to their entire investment.

GS Finance Corp. is offering $2,606,000 aggregate face amount of medium‑term indexed notes, fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount, does not bear interest, and pays at maturity either $1,000 or $1,000 plus 119.5% of the underlier return as measured from the trade date (April 8, 2026) to the determination date (April 8, 2031); stated maturity is April 11, 2031.

The underlier is the S&P 500® Futures Excess Return Index (E‑mini S&P 500 futures exposure, not the S&P 500® Index). Notes are cash‑settled, subject to issuer/guarantor credit risk, a 3.625% underwriting discount, potential market‑disruption and roll‑yield effects, and special U.S. federal tax rules for contingent payment debt instruments (comparable yield 4.6796%, projected payment $1,264.05 per $1,000 for tax accrual purposes).

GS Finance Corp. is offering $401,000 in structured notes tied to the S&P 500® Futures Excess Return Index, with final payment on April 13, 2032. Each $1,000 note pays no interest and delivers at maturity either: (1) $1,000 plus 225.25% participation of the underlier gain if the final level is above the initial level; (2) $1,000 if the final level is between 70% and 100% of the initial level; or (3) a reduced cash amount equal to $1,000 × the final/initial ratio if the final level is below 70%, resulting in proportional principal loss (you could lose the entire investment).

The notes reference E-mini S&P 500 futures, not the cash S&P 500 Index, and are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. The original issue price is 100% of face amount and underwriting discount is 0.75%.

GS Finance Corp. priced capped, autocallable notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The notes have a $4,914,000 aggregate face amount, trade date April 8, 2026, original issue date April 13, 2026 and stated maturity April 15, 2031. They pay no interest and may be automatically called on scheduled observation dates beginning January 8, 2027 if the index closing level is >= 90% of the initial underlier level of 420.30. If not called, final payment depends on underlier performance with a 60% trigger buffer, a capped maximum settlement of $2,150.02 per $1,000, and a daily 6.0% per annum decrement. The estimated value at pricing was approximately $967 per $1,000; original issue price was 100% of face with a 0.8% underwriting discount.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering autocallable, non‑interest bearing notes linked to the EURO STOXX 50® Index. The notes may be automatically called on the call observation date for at least $1,156 per $1,000 face amount. If not called, maturity payoff depends on index performance from the initial level set on April 10, 2026. Upside participation is 125%; a 15% buffer protects against declines up to 15%, but losses occur if the final index level falls below 85% of the initial level. The estimated value at pricing is expected to be between $900 and $930 per $1,000 face amount. These notes are unsecured obligations subject to issuer and guarantor credit risk and complex U.S. tax treatment.

GS Finance Corp. is offering leveraged callable index-linked notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes reference the S&P 500® and Nasdaq-100®; the payoff at maturity is linked to the lesser performing index. The notes have an upside participation rate of 200% and a trigger buffer level of 50%. If the lesser performing index finishes below 50% of its initial level, investors lose a proportional amount and could lose their entire investment. The issuer may redeem the notes on specified monthly call payment dates beginning in April 2027; each call payment is capped by a call premium amount. The estimated value on the trade date is expected to be $885–$925 per $1,000 face amount.

GS Finance Corp. is offering index-linked notes due May 9, 2029, guaranteed by The Goldman Sachs Group, Inc.. The payoff per $1,000 face amount is linked to the lesser performing of the Russell 2000® and the S&P 500® measured from the trade date (expected May 4, 2026) to the determination date (expected May 4, 2029). The notes pay no interest. If both index returns are >= 0%, the payoff = $1,000 + $1,000 × 1.0975 × (lesser index return). If any index return is negative but each final level >= 82% of its initial level, the payoff uses the absolute value of the lesser return. If any final level is < 82% of its initial level, the payoff = $1,000 + $1,000 × (lesser return + 18%), which can produce substantial principal loss. Estimated value at pricing is $925–$965 per $1,000 face amount. The notes are unsecured obligations of GS Finance Corp., subject to issuer and guarantor credit risk.

GS Finance Corp. is offering autocallable contingent coupon index-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Russell 2000®, S&P 500® and Nasdaq-100® indices and may be automatically called on quarterly observation end dates commencing July 2026 if each index closes at or above its initial level.

Holders may receive a quarterly coupon of $32.5 per $1,000 face amount (3.25% quarterly, 13% per annum) only if each index stays at or above 70% of its initial level on every trading day during the relevant quarterly observation period. At maturity (expected April 12, 2029), if not called, the cash settlement is based on the lesser performing index: no principal loss if that index is >= 60% of initial, but if below 60% you receive $1,000 adjusted by the lesser performing index return, potentially losing substantially up to your entire investment. The estimated value at pricing is between $925 and $955 per $1,000 face amount.

The offering prices notes by GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., with an aggregate face amount of $3,185,000. Each $1,000 face amount participates at 150% upside, includes a 10% buffer (buffer level 90%) and may be automatically called for $1,140 per $1,000 if the S&P 500 Index closes at or above the initial level on the call observation date. If not called, maturity payment depends on final index performance; downside below the buffer can produce material losses. The notes pay no interest and are subject to issuer and guarantor credit risk. Terms reference an initial index level of 6,575.32 and maturity and observation dates in April 2027–April 2028.

GS Finance Corp. is offering S&P 500® index‑linked notes due on the stated maturity date expected to be June 3, 2027, with a trade date expected to be April 28, 2026 and original issue date expected to be May 1, 2026. The notes pay no interest and the cash payment at maturity is tied to the percentage change in the S&P 500® from the initial level set on the trade date to the final level on the determination date (expected May 28, 2027), subject to a cap level of 108.2% of the initial level, a maximum settlement amount of $1,082 per $1,000 face amount and a minimum settlement amount of $950 per $1,000 face amount. The estimated value on the trade date is expected to be between $925 and $955 per $1,000 face amount. Payments are unsecured obligations of GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc., so payment depends on their creditworthiness. The calculation agent (Goldman Sachs & Co. LLC) has broad discretion over market disruption adjustments, successor underliers and final determinations.

GS Finance Corp. priced $472,000 aggregate face amount of index-linked notes due April 6, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and return at maturity depends on the lesser performing of the Russell 2000® and S&P 500® from April 1, 2026 to April 3, 2028, capped at $1,267.50 per $1,000 and with a minimum settlement of $950 per $1,000. The estimated value at pricing was approximately $988 per $1,000 and the original issue price was 100% of face amount; underwriting discount was 0.8%.

GS Finance Corp. offers structured, non‑interest bearing notes linked to the S&P 500® Index, with principal repayment at maturity tied to index performance. For each $1,000 face amount, holders receive a capped upside of $1,114.50 if the final index level is at or above the initial level, full principal $1,000 if the index declines by no more than the 15% buffer (buffer level = 85% of initial), and a proportionate loss beyond the buffer (losing 1% of face for each 1% below the buffer). The notes pay no interest, are guaranteed by The Goldman Sachs Group, Inc., and are subject to issuer and guarantor credit risk and limited liquidity.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering medium-term, cash-settled notes linked to the S&P 500 Index. The aggregate face amount is $2,095,000 and the notes pay no interest. The notes include an automatic call feature: if the closing level of the underlier on the call observation date is greater than or equal to the initial level, each $1,000 face amount will be redeemed for $1,100 on the call payment date. If not called, the cash settlement at maturity depends on the final underlier level: positive participation at a 125% upside participation rate when the final level exceeds the initial level; full principal is preserved if the final level is at or above the 65% trigger buffer; if below the trigger buffer, investors suffer a loss equal to the underlier return times $1,000, potentially losing the entire investment. The notes are subject to issuer and guarantor credit risk, model-based estimated value below issue price, underwriting discounts (2% plus up to 0.8% structuring fee), and limited secondary market liquidity.

GS Finance Corp. offers autocallable EURO STOXX 50® index-linked notes due May 7, 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, include an automatic call feature that pays $1,142.50 per $1,000 if the underlier is at or above the initial level on the call observation date, and otherwise deliver cash at maturity linked to the EURO STOXX 50 performance with a 200% upside participation and a 70% trigger buffer. The notes may result in a total loss of principal if the final underlier level is below the trigger buffer; secondary-market liquidity is not assured.

GS Finance Corp. is offering principal-linked notes, fully guaranteed by The Goldman Sachs Group, Inc., that reference the Class A common stock of Meta Platforms, Inc. The notes pay no interest and return at maturity depends on the underlier's performance from an initial underlier level of $572.13 (set March 31, 2026) to the determination date of October 2, 2028.

If the final underlier level is above the initial level, investors receive $1,000 + $1,000 × 200% × underlier return per $1,000 face, capped at a maximum settlement amount of $1,812.50. If the final level is between 70% and 100% of the initial level, investors receive the face amount of $1,000. If the final level is below 70% of the initial level, investors incur a proportional loss and could lose their entire investment. Trade date is April 1, 2026, original issue date April 7, 2026, and stated maturity is October 5, 2028. The notes were issued at 100% of face with a 0.5% underwriting discount.

GS Finance Corp. offers leveraged EURO STOXX 50® index-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and provide at-maturity cash tied to the EURO STOXX 50 index return from the trade date to the determination date. For each $1,000 face amount, investors receive $1,000 if the underlier return is zero or negative; if the final underlier level exceeds the initial level, investors receive $1,000 plus the underlier return multiplied by a 125% upside participation rate, subject to a maximum settlement amount of at least $1,300 per $1,000. Key dates: trade date April 9, 2026, original issue date April 14, 2026, determination date April 9, 2029, stated maturity date April 12, 2029. Original issue price is 100% of face amount, underwriting discount 2%, net proceeds to issuer 98% of face amount. The notes are subject to issuer and guarantor credit risk, limited upside due to the cap, possible limited liquidity, and special U.S. tax treatment as contingent payment debt instruments.

GS Finance Corp. is offering callable, non‑interest bearing notes linked to the Goldman Sachs Momentum Builder® Focus ER Index (Bloomberg: GSMBFC5 Index). For each $1,000 face amount, investors receive $1,812 at maturity if the final index level ≥101% of the initial level; otherwise they receive $1,000. The notes may be automatically called on semiannual observation dates beginning April 2027 if the index closing level ≥101% of the initial index level, in which case call payments equal $1,000 plus a specified call return. Trade date is expected April 2, 2026; stated maturity is expected April 7, 2033. The index applies daily volatility and momentum controls, may allocate heavily to cash positions, and is subject to a 0.65% per annum deduction. Estimated value at pricing is $850–$880 per $1,000 face amount. Investors bear issuer and guarantor credit risk and may receive only principal at maturity.

GS Finance Corp. offers buffered, capped S&P 500-linked notes totaling $2,583,000 face amount. The notes pay no interest and settle in cash at maturity based on the S&P 500 Index performance from the trade date March 31, 2026 to the determination date March 31, 2028, with a stated maturity of April 5, 2028.

Key economics: each $1,000 face amount returns the absolute positive underlier return up to a maximum upside settlement amount of $1,167.50; a buffer protects the investor for declines up to 20% (buffer level = 80% of initial underlier). Losses occur if the final index level falls below the buffer level; in that case you lose approximately 1% of face amount for each 1% decline below the buffer. The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and bear the credit risk of those entities.

GS Finance Corp. offers autocallable S&P 500® Index-Linked Notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, feature a 150% upside participation rate and an 80% trigger buffer. If the call observation condition is met, each $1,000 face amount pays $1,128 on the call payment date. If not called, maturity payments depend on S&P 500 performance: full principal preserved at or above the trigger buffer, capped upside if called, and potentially complete loss if the final underlier level falls below the trigger buffer. The notes bear issuer and guarantor credit risk, limited secondary-market liquidity, and uncertain U.S. federal tax treatment.

The Goldman Sachs Group, Inc. is offering fixed rate notes due April 23, 2029 under its Medium‑Term Notes, Series N program. The notes are expected to bear interest at 4.50% per annum, pay interest semiannually on April 21 and October 21 (commencing October 21, 2026), and will be issued in denominations of $1,000.

Final terms will be set on the trade date; the pricing supplement notes investors may withdraw orders prior to the trade date and that the issuer may terminate the issuance if there is a significant adverse movement in the issuer's credit spread prior to the trade date.

The Goldman Sachs Group, Inc. is offering $30,885,000 of Callable Fixed Rate Notes due March 30, 2046 under its Medium-Term Notes program. The notes bear interest at 6.00% per annum, payable annually on March 30 beginning March 30, 2027. The notes are callable, in whole but not in part, on each March 30, June 30, September 30 and December 30 on or after March 30, 2029, at 100% of principal plus accrued interest. The initial price to public is 100% with an underwriting discount of 1.5%, producing proceeds of $30,421,725 to the issuer. The offering will settle through DTC on March 30, 2026.

The Goldman Sachs Group, Inc. is offering $7,004,000 of Callable Fixed Rate Notes due March 30, 2034. The notes pay interest at 5.15% per annum, payable semiannually each March 30 and September 30 beginning September 30, 2026. The issuer may redeem the notes in whole (but not in part) on quarterly redemption dates on or after March 30, 2030, upon at least five business days' prior notice, at a price equal to 100% of principal plus accrued interest.

The initial price to public is 100% of principal; underwriting discount is 0.954% (totaling $66,818.16) and proceeds to The Goldman Sachs Group, Inc. before expenses are $6,937,181.84. The notes will be issued in book‑entry form through DTC and are a new issue with no established trading market.

GS Finance Corp. is offering autocallable contingent coupon index-linked notes due 2029, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Nasdaq-100, Russell 2000 and S&P 500 and pay a monthly contingent coupon of $9.167 per $1,000 if each underlier meets a 60% trigger on each observation date. Notes are automatically called if all three underliers are at or above their initial levels on a call observation date; if not called, the cash settlement at maturity is tied to the lesser performing underlier and can result in a total loss of principal. Trade date is March 31, 2026, original issue date April 3, 2026, and stated maturity is April 5, 2029.

GS Finance Corp. is offering leveraged buffered notes linked to the S&P 500® Futures Excess Return Index with a trade date of March 31, 2026, original issue date of April 6, 2026 and a stated maturity of April 5, 2029. Each note has a $1,000 face amount and does not pay interest.

Payment at maturity depends on the underlier return: if the final level exceeds the initial level the holder receives $1,000 plus the upside participation rate (at least 152%) times the underlier return; if the final level is between the initial level and the buffer level (set at 90% of the initial level) the holder receives the face amount; if the final level is below the buffer level the holder suffers a pro rata loss tied to the decline below the buffer, magnified by the buffer rate (100%), and could lose a substantial portion of principal.

GS Finance Corp. is offering Callable Contingent Coupon Index‑Linked Notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Russell 2000® Index and the S&P 500® Index and pay a contingent quarterly coupon of at least $18.375 per $1,000 (1.8375% quarterly; up to 7.35% per annum) only if each underlier is at or above 55% of its initial level on the related observation date. The issuer may redeem the notes, at its option, on each coupon payment date commencing in October 2026 through January 2031 (subject to the company’s redemption right). At maturity, payment (for each $1,000 face amount) is either $1,000 or $1,000 plus the lesser performing underlier return; investors could lose their entire investment if the lesser performing underlier declines below its 55% trigger buffer level.

GS Finance Corp. is offering autocallable contingent coupon equity-linked notes linked to the common stock of UnitedHealth Group Incorporated (UNH) with a trade date of March 31, 2026, original issue date April 6, 2026 and stated maturity May 5, 2027. The notes pay a contingent monthly coupon of $11.292 per $1,000 (approximately 13.55% annualized) on any coupon payment date when the closing level of the underlier is at or above a coupon trigger level equal to 68% of the initial underlier level.

The notes are automatically called if on any call observation date the underlier closes at or above the initial underlier level; called notes pay $1,000 per $1,000 plus the coupon then due. If not called, the cash settlement at maturity depends on the final underlier level: if the final level is at or above the trigger buffer (68%), you receive $1,000; if below, you receive $1,000 adjusted by the underlier return, exposing you to potential loss, including the possibility of losing your entire investment. The notes are senior unsecured obligations of GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. is offering principal-protected contingent cash-settled notes linked to the EURO STOXX 50® Index with an aggregate face amount of $6,325,000. Each $1,000 note pays no interest and at maturity (stated maturity date March 25, 2030) will settle in cash based on the underlier return and an 182% upside participation rate. If the final underlier level is at or above 70% of the initial level, investors receive at least the face amount; below that trigger buffer level the payout declines one-for-one with index losses and investors could lose the entire investment. The notes are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc.

GS Finance Corp. offers medium‑term structured notes guaranteed by The Goldman Sachs Group, Inc. The pricing supplement covers an aggregate face amount of $2,011,000 of notes with a stated maturity of March 25, 2030. Payment at maturity depends on the performance of the S&P 500® Futures Excess Return Index from the trade date to the determination date. The notes pay no interest and provide an upside participation rate of 171.5% if the final underlier level exceeds the initial level. If the final underlier level is at or above 60% of the initial level you receive the face amount; if it is below 60% you suffer pro rata losses and could lose your entire investment. Terms note that the determination date and stated maturity are "subject to adjustment" as described in the supplement.

GS Finance Corp. is offering medium‑term notes linked to the S&P 500® Index with an aggregate face amount of $2,436,000. The notes pay no interest, may be automatically called on annual observation dates if the underlier is greater than or equal to the initial level, and mature on March 24, 2032 (determination date March 19, 2032). Call premium amounts range from 10.5% (first call) to 52.5% (fifth call); the maturity date premium amount is 63.00%. If not called, the maturity cash payment either equals $1,000 + $1,000×maturity premium when the final underlier is above the initial level or equals $1,000 + $1,000×underlier return if below; you could lose your entire investment if the final underlier is sufficiently below the initial level. Original issue price is 100% of face; underwriting discount is 0.8% (net proceeds 99.2%). The notes are senior unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., and are subject to credit risk, limited secondary‑market liquidity, tax uncertainty, and model valuation differences cited herein.

GS Finance Corp. priced callable contingent coupon index‑linked notes due February 25, 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay monthly coupons of $9.875 per $1,000 on a coupon date only if each index is >= 65% of its initial level; otherwise no coupon is paid.

The notes are redeemable at issuer option on monthly coupon dates from June 2026 through January 2028 at 100% plus any coupon then due. At maturity the cash settlement depends on the lesser performing underlier versus its initial level (trigger buffer 70%); losses can be substantial, including near-total principal loss. Original issue price was 100%, estimated value ~$985 per $1,000, and aggregate face amount was $752,000.

GS Finance Corp. offers principal-at-risk, non‑interest bearing notes linked to the S&P 500® Index, the Russell 2000® Index and the VanEck Semiconductor ETF (SMH). The notes have an original issue date of March 25, 2026, a stated maturity of March 27, 2031 and an aggregate face amount of $1,192,000 on the original issue date. The notes are subject to an automatic call feature beginning with the March 22, 2027 call observation date; if all three underliers close at or above their initial levels on a call observation date the notes will be redeemed and investors receive the face amount plus a call premium (call premiums: 23.7%, 47.4%, 71.1%, 94.8% on successive call dates). If not called, the maturity payoff depends on the performance of the lesser performing underlier, with a 60% trigger buffer; a final underlier level below 60% can produce losses and potentially recovery of substantially less than principal. The estimated value on the trade date was approximately $971 per $1,000 face amount, and the original issue price was 100% (underwriting discount 1.125%).

The Goldman Sachs Group, Inc. is offering $15,055,000 of callable fixed rate notes due March 7, 2046. The notes pay interest at 5.70% per annum from the original issue date March 24, 2026, with annual interest payments on March 24 and at maturity.

The issuer may redeem the notes in whole (not in part) on each redemption date beginning March 24, 2029, with at least five business days’ notice, at par plus accrued interest. The offering will settle on March 24, 2026, with underwriting discount of 2.759%; underwriters include Goldman Sachs & Co. LLC and InspereX LLC. The notes will be issued in book-entry form through DTC and are subject to U.S. federal tax rules including FATCA withholding.