GS Finance Corp. is offering Autocallable Goldman Sachs Momentum Builder® Focus ER Index‑Linked Notes due July 22, 2033, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, feature an annual automatic call if the index closes at or above 101.25% of the initial index level, and participate 100% in upside at maturity if not called. GS&Co. estimates the trade‑date value at $850 to $890 per $1,000 face amount. The index applies a 0.65% per annum deduction (accruing daily) and daily volatility and momentum controls that can allocate substantial exposure to hypothetical cash positions. Tax treatment: the notes are treated as contingent payment debt instruments for U.S. federal income tax purposes.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering structured notes linked to UnitedHealth (UNH), UPS (UPS), and Verizon (VZ). The notes mature on the stated maturity date (expected August 2, 2029) and pay a monthly contingent coupon of $9.709 per $1,000 face amount if each index stock closes at or above 50% of its initial price on observation dates. At maturity the cash settlement amount per $1,000 is based solely on the performance of the lesser performing index stock versus its initial price (initial prices to be set on July 28, 2026); if that final price is below 50% of its initial price, principal is reduced proportionately. The estimated value at pricing is stated as between $925 and $965 per $1,000 face amount.
GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering callable, equity‑linked medium‑term notes tied to the Class A common stock of Alphabet Inc. Each note has a $1,000 face amount, pays a fixed coupon of $9.75 monthly (0.975% per month, ~11.7% per annum) and is expected to trade on a July 21, 2026 trade date with an original issue date of July 24, 2026. Notes may be automatically called monthly if the index stock closing price on a call observation date is at least the initial index stock price; otherwise the cash settlement at the expected maturity on August 26, 2027 depends on the index stock return versus a trigger buffer price equal to 68% of the initial index stock price (a -32% return). The estimated value at pricing is stated as $925–$955 per $1,000 face amount. The notes are unsecured obligations subject to issuer and guarantor credit risk and limited anti‑dilution protections.
GS Finance Corp. priced autocallable contingent coupon index-linked notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Nasdaq-100, Russell 2000 and S&P 500 and pay a contingent monthly coupon of $7.292 per $1,000 if each underlier meets a 75% coupon trigger on observation dates. The notes are automatically called if, on any quarterly call observation date, each underlier closes at or above its initial level; otherwise the maturity cash payment is based solely on the lesser performing underlier and can result in a full loss of principal. Trade date is July 17, 2026 and stated maturity is July 22, 2031.
GS Finance Corp. is offering autocallable, EURO STOXX 50® index-linked notes due 2029, fully guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest, have an upside participation rate of 150% and a trigger buffer level of 75%. If the closing level of the underlier on the call observation date is greater than or equal to the initial level, the notes will be automatically called and pay $1,150 per $1,000 face amount on the call payment date. Trade date is July 31, 2026, original issue date is August 5, 2026, determination date is July 31, 2029 and stated maturity date is August 3, 2029. If not called, maturity pay depends on final underlier level: full principal if final level ≥ 75% of initial; otherwise payoff equals $1,000 × (1 + underlier return), potentially resulting in a total loss of principal.
GS Finance Corp. is offering ETF-linked notes due October 28, 2027 that pay no interest and whose cash settlement at maturity is based on the performance of the lesser performing of two ETFs: XLP and XLU.
For each $1,000 face amount, holders receive $1,116 if both ETFs finish at or above 80% of their initial levels; otherwise the maturity payment equals $1,000 plus $1,000 times the lesser performing ETF return, which can result in a principal loss. The estimated value at pricing is $925–$965 per $1,000 face amount.
GS Finance Corp. is offering leveraged, buffered, Russell 2000® Index-linked notes due August 26, 2027, guaranteed by The Goldman Sachs Group, Inc.. For each $1,000 face amount the cash payment at maturity depends on the Russell 2000® performance from the trade date to the determination date: a positive return is multiplied by an upside participation rate of 110% but capped at a $1,212.50 maximum settlement amount; returns down to the 90% buffer level return principal; declines greater than the 10% buffer produce proportional losses (you lose 1% of face per 1% the index is below the buffer).
The notes pay no interest, are part of the Medium-Term Notes, Series F program, have trade date July 22, 2026 and original issue date July 27, 2026, and rely on GS Finance Corp. and The Goldman Sachs Group, Inc. credit. The pricing supplement warns the original issue price exceeds the notes' estimated model value and that market liquidity, secondary pricing and tax treatment are uncertain.
GS Finance Corp. is offering Autocallable Contingent Coupon Equity-Linked Notes due July 15, 2031, guaranteed by The Goldman Sachs Group, Inc. The notes reference the common stock of Advanced Micro Devices, Inc., Class C capital stock of Alphabet Inc. and common stock of NVIDIA Corporation. They pay a contingent monthly coupon of $9.292 per $1,000 (0.9292% monthly, potential for up to approximately 11.15% per annum) when each underlier is at or above a coupon trigger of 75% of its initial level on the coupon observation date.
The notes will be automatically called if, on any call observation date, each underlier’s closing level is greater than or equal to its initial underlier level; in that event the issuer will pay $1,000 per $1,000 face amount plus any coupon then due. Trade date is July 10, 2026, original issue date is July 15, 2026, and the stated maturity is July 15, 2031. GS&Co.’s estimated value on the trade date is $885 to $925 per $1,000 face amount (less than the issue price). Terms will be set on the trade date and are subject to the conditions and risks described herein.
GS Finance Corp. is offering autocallable contingent coupon index-linked notes due July 15, 2031, guaranteed by The Goldman Sachs Group, Inc. Each note has a $1,000 face amount and pays a contingent monthly coupon of $9.792 per $1,000 (0.9792% monthly, ~11.75% per annum) if each underlier meets its coupon trigger level on observation dates.
Coupons and automatic calls are tied to three underliers: the Nasdaq-100, Russell 2000 and S&P 500. Coupons require each underlier to be at least 70% of its initial level on observation dates; automatic calls occur if each underlier is at or above its initial level on a call observation date. If not called, the maturity cash settlement depends solely on the lesser performing underlier using a 60% trigger buffer level and may result in total loss of principal.
GS Finance Corp. is offering leveraged buffered notes linked to the Nasdaq-100 Index with a three-year term maturing in August 3, 2029 (determination date July 31, 2029). Each note has a $1,000 face amount reference used to calculate cash settlement at maturity.
Key economic terms: an upside participation rate of 115% subject to a maximum settlement amount of $1,440 per $1,000 face amount; a buffer level of 85% (buffer amount 15% and buffer rate 100%) that protects the face amount only for declines up to 15%; no periodic interest. Investors bear issuer and guarantor credit risk and may lose a substantial portion of principal if the final index level falls below the buffer.