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.
The Goldman Sachs Group, Inc. filed a current report related to the issuance of debt securities on April 20, 2026. The debt was issued under the company’s existing shelf registration statement on Form S-3. The filing mainly provides related legal opinions and technical exhibit information.
The report includes an opinion and consent from Sullivan & Cromwell LLP and notes that the cover page information is formatted using Inline XBRL. This is largely an administrative step supporting the previously registered debt issuance.
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.
Flaherty Mark A. reported acquisition or exercise transactions in this Form 4 filing.
Goldman Sachs Group Inc. director Mark A. Flaherty reported a grant of 28 Restricted Stock Units for his first quarter 2026 Annual Retainer. Each RSU represents one share of common stock. Following this grant, he holds 5,248 RSUs. The underlying shares will be delivered about 90 days after he retires from the Board of Directors.
HESS JOHN B reported acquisition or exercise transactions in this Form 4 filing.
Goldman Sachs Group Inc. director John B. Hess received a grant of 28 Restricted Stock Units as part of his first quarter 2026 annual retainer for board service. Following this award, he holds 870 RSUs directly. The underlying common shares will be delivered about 90 days after he retires from the board.
JOHNSON KEVIN R reported acquisition or exercise transactions in this Form 4 filing.
Goldman Sachs Group Inc. director Kevin R. Johnson received a grant of 42 Restricted Stock Units as part of his first quarter 2026 annual retainer for serving on the company’s Board of Directors and the Board of Directors of Goldman Sachs Bank USA.
Each unit represents one share of Goldman Sachs common stock, to be delivered approximately 90 days after his retirement from either board. Following this award, Johnson holds a total of 3,086 RSUs directly.
MITTAL LAKSHMI N reported acquisition or exercise transactions in this Form 4 filing.
Goldman Sachs Group Inc. director Lakshmi N. Mittal received 28 Restricted Stock Units (RSUs) as part of his first quarter 2026 annual retainer. These RSUs represent the right to receive 28 shares of Goldman Sachs common stock.
Following this grant, Mittal holds a total of 6,320 RSUs directly. The common shares underlying these RSUs will be delivered approximately 90 days after he retires from the company’s Board of Directors, so this grant is part of long-term, deferred board compensation rather than an open-market stock purchase.
OPPENHEIMER PETER reported acquisition or exercise transactions in this Form 4 filing.
Goldman Sachs Group Inc. director Peter Oppenheimer received a grant of 63 Restricted Stock Units for first quarter 2026 board compensation. The award covers his annual retainer and committee chair fee for serving on the Goldman Sachs board and the GS Bank USA board.
After this grant, he holds 7,292 shares-linked units directly. The common stock underlying these RSUs will be delivered in shares about 90 days after he retires from either the Goldman Sachs or GS Bank USA board, aligning payout with the end of his board service.
The Goldman Sachs Group, Inc. submitted a Form 144 reporting proposed sales of Common Stock tied to Employee Compensation Awards with an indicated date of 04/15/2026. The filing also lists recent dispositions during the prior three months showing specific trust and individual share counts and gross proceeds.