GS Finance corrects tax accrual schedule for notes

GS Finance Corp. and Goldman Sachs & Co. LLC issued a pricing supplement addendum correcting the projected payment schedule and comparable-yield tax accrual table for $574,000 principal amount of notes originally offered May 29, 2026.

Rhea-AI Filing Summary

GS Finance Corp. and Goldman Sachs & Co. LLC issued a pricing supplement addendum correcting the projected payment schedule and comparable-yield tax accrual table for $574,000 principal amount of notes originally offered May 29, 2026. The issuer states a comparable yield of 5.05% per annum, compounded semi-annually, and a projected payment at maturity of $1,314.47 per $1,000 invested. The addendum replaces two paragraphs in the supplemental U.S. federal income tax discussion and supplies a corrected accrual table showing annual deemed interest per $1,000 note (example rows: $29.70 for 6/3/2026–12/31/2026; $316.45 cumulative as of 12/31/2031; and $408.97 cumulative as of 6/3/2033).

Holders are instructed to use the issuer‑provided comparable yield and projected payment schedule to determine annual interest accruals unless they timely disclose and justify a different schedule on their U.S. federal income tax return. The addendum cross‑references the underlying pricing supplement, index supplements, prospectus supplement and prospectus for full terms and risks.

Insights

Tax Counsel

Corrected comparable yield and accrual table affect U.S. tax reporting for note holders.

The issuer states a comparable yield of 5.05% per annum and provides a projected payment at maturity of $1,314.47 per $1,000. The addendum replaces specific tax-discussion paragraphs and supplies a year-by-year accrual table showing deemed interest amounts per $1,000 note.

Holders must use the provided comparable yield and schedule for annual accruals unless they timely disclose and justify a different method on their U.S. federal income tax return; timing and disclosure requirements are determined by U.S. tax rules and the holder's return filings.

Securities Counsel

This is an informational correction to a pricing supplement; it does not change stated offering size.

The addendum corrects tax-related disclosure for notes with a stated principal amount of $574,000 and reiterates cross-references to the pricing supplement and prospectus materials. It does not recite changes to substantive economic terms beyond the projected payment schedule and tax accrual computations.

Cash-flow treatment and contingent payment outcomes are not represented; investors should consult the referenced pricing supplement and prospectus for credit risk and other offering terms.

Key Figures

Principal amount referenced: $574,000 Comparable yield: 5.05% per annum Projected payment at maturity: $1,314.47 per $1,000 +3 more

6 metrics

Principal amount referenced $574,000 Notes offered on May 29, 2026

Comparable yield 5.05% per annum Compounded semi-annually for accrual calculations

Projected payment at maturity $1,314.47 per $1,000 Based on an investment of $1,000

First accrual period interest $29.70 per $1,000 June 3, 2026 through December 31, 2026

Cumulative accrual as of 12/31/2031 $316.45 per $1,000 Total interest deemed to have accrued from original issue date

Cumulative accrual at maturity date $408.97 per $1,000 January 1, 2033 through June 3, 2033

Key Terms

comparable yield, projected payment at maturity, interest deemed to accrue, contingent payments

4 terms

comparable yield regulatory

"We have determined that the comparable yield for the notes is equal to 5.05% per annum"

projected payment at maturity financial

"projected payment at maturity of $1,314.47 based on an investment of $1,000"

interest deemed to accrue tax

"Interest Deemed to Accrue During Accrual Period (per $1,000 note)"

contingent payments financial

"we make no representation regarding the amount of contingent payments with respect to your notes"

Contingent payments are future sums a buyer agrees to pay a seller only if specified events occur, such as meeting revenue targets, regulatory approval, or achieving performance milestones. For investors, they matter because they shift some price risk from buyer to seller and can change a company’s expected cash flow and valuation — like paying a bonus only if a project succeeds, which affects how much value is really being bought.

Offering Details

prospectus supplement/secondary offering disclosure

Offering

Offering Type prospectus supplement/secondary offering disclosure

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What was corrected in the GS Finance (GSCE) pricing supplement addendum?

The addendum corrects the projected payment schedule and the U.S. tax accrual table. It states a comparable yield of 5.05% per annum and a projected maturity payment of $1,314.47 per $1,000, replacing two paragraphs in the tax discussion.

How large is the offering referenced in the addendum for GS Finance notes?

The addendum relates to notes with a principal amount of $574,000 that were offered on May 29, 2026. The correction applies to the tax accrual disclosures for those notes as described in the pricing supplement.

What accrual amounts does the corrected table show per $1,000 note?

The table lists deemed interest per $1,000 note by accrual period, beginning with $29.70 for 6/3/2026–12/31/2026 and totaling $408.97 as of 6/3/2033, with intermediate cumulative amounts shown for each year.

Must note holders follow the issuer's comparable yield for tax purposes?

Holders are required to use the issuer‑provided comparable yield and projected payment schedule to determine interest accruals unless they timely disclose and justify a different yield and schedule on their U.S. federal income tax return.

Does the addendum change the notes' economic or credit terms?

The addendum corrects tax-reporting disclosures and the projected payment schedule; it does not state any change to the offering's principal amount or to credit support. Terms and credit risk remain as described in the referenced pricing supplement and prospectus.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/06/2026 - 11:52 AM Learn about SEC filing dates

Filed Pursuant to Rule 424(b)(2)

Registration Statement No. 333-284538

GS Finance Corp. $574,000 Goldman Sachs Momentum Builder® Focus ER Index-Linked Notes due 2033 guaranteed by The Goldman Sachs Group, Inc.

This pricing supplement addendum relates to $574,000 principal amount of notes that were offered on May 29, 2026, as described in the accompanying pricing supplement no. 24,893 dated May 29, 2026.

The projected payment schedule was incorrectly stated in the accompanying pricing supplement no. 24,893 dated May 29, 2026. Please refer to the corrected information below.

The following two paragraphs reflect corrected information and replace, in their entirety, the fourth and fifth paragraphs under “Supplemental Discussion of U.S. Federal Income Tax Consequences — United States Holders” beginning on page PS-58 of the accompanying pricing supplement no. 24,893. The amended paragraphs below should be read in conjunction with the accompanying pricing supplement no. 24,893 dated May 29, 2026 (except for those paragraphs being replaced), the accompanying index supplement addendum dated May 26, 2026, the accompanying index supplement dated May 26, 2026, the accompanying prospectus supplement dated February 14, 2025 and the accompanying prospectus dated February 14, 2025:

We have determined that the comparable yield for the notes is equal to 5.05% per annum, compounded semi-annually with a projected payment at maturity of $1,314.47 based on an investment of $1,000.

Based on this comparable yield, if you are an initial holder that holds a note until maturity and you pay your taxes on a calendar year basis, we have determined that you would be required to report the following amounts as ordinary income, not taking into account any positive or negative adjustments you may be required to take into account based on the actual payments on the notes, from the note each year:

Accrual Period		Interest Deemed to Accrue During Accrual Period (per $1,000 note)	Total Interest Deemed to Have Accrued from Original Issue Date (per $1,000 note) as of End of Accrual Period
June 3, 2026 through December 31, 2026		$29.70	$29.70
January 1, 2027 through December 31, 2027		$53.00	$82.70
January 1, 2028 through December 31, 2028		$55.21	$137.91
January 1, 2029 through December 31, 2029		$57.20	$195.11
January 1, 2030 through December 31, 2030		$59.48	$254.59
January 1, 2031 through December 31, 2031		$61.86	$316.45
January 1, 2032 through December 31, 2032		$64.55	$381.00
January 1, 2033 through June 3, 2033		$27.97	$408.97

You are required to use the comparable yield and projected payment schedule that we compute in determining your interest accruals in respect of your notes, unless you timely disclose and justify on your U.S. federal income tax return the use of a different comparable yield and projected payment schedule.

The comparable yield and projected payment schedule are not provided to you for any purpose other than the determination of your interest accruals in respect of your notes, and we make no representation regarding the amount of contingent payments with respect to your notes.

You should read the additional disclosure in the accompanying pricing supplement no. 24,893 dated May 29, 2026 to better understand the terms and risks of your investment, including the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc. See page PS-16 of the accompanying pricing supplement no. 24,893 dated May 29, 2026.

Neither the Securities and Exchange Commission nor any other regulatory body has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus. Any representation to the contrary is a criminal offense. The notes are not bank deposits and are not insured by the Federal Deposit Insurance Corporation or any other governmental agency, nor are they obligations of, or guaranteed by, a bank.

Goldman Sachs & Co. LLC

Pricing Supplement No. 24,893 Addendum dated July 6, 2026

GS Finance Corp. may use this prospectus in the initial sale of the notes. In addition, Goldman Sachs & Co. LLC or any other affiliate of GS Finance Corp. may use this prospectus in a market-making transaction in a note after its initial sale. Unless GS Finance Corp. or its agent informs the purchaser otherwise in the confirmation of sale, this prospectus is being used in a market-making transaction.

About Your Prospectus

The notes are part of the Medium-Term Notes, Series F program of GS Finance Corp., and are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. This prospectus includes this pricing supplement addendum and the accompanying documents listed below. This pricing supplement addendum constitutes a supplement to the documents listed below, does not set forth all of the terms of your notes and therefore should be read in conjunction with such documents:

●Pricing supplement no. 24,893 dated May 29, 2026

●May 2026 MOBU Focus ER index supplement addendum dated May 26, 2026

●MOBU Focus ER index supplement no. 11 dated May 26, 2026

●Prospectus supplement dated February 14, 2025

●Prospectus dated February 14, 2025

The information in this pricing supplement addendum supersedes any conflicting information in the documents listed above. In addition, some of the terms or features described in the listed documents may not apply to your notes.