高盛美股招股说明书(2026-06-05版)

If the closing price ofany of the common stock of NVIDIA Corporation, the Class C capital stock of AlphabetInc., the common stock of Advanced Micro Devices, Inc. or the common stock of Tesla, Inc. on any observationdate isless than78% of its initial price, you will not receive a coupon on the applicable payment date.Theamount that you will be paid on your notes is based on the performances of the index stocks. The notes will mature onthe stated maturity date (June 10, 2033), unless automatically called on any observation date commencing in June 2027to and including May 2033. Your notes will be automatically called if the closing price of each index stock on any suchobservation date isgreater thanorequal to78% of its initial index stock price of $214.75 with respect to the commonstock of NVIDIA Corporation, $355.68 with respect to the Class C capital stock of Alphabet Inc., $542.52 with respect tothe common stock of Advanced Micro Devices, Inc. and $423.70 with respect to the common stock of Tesla, Inc. (whichin each case is an intra-day price or the closing price of one share of such index stock on the trade date (June 3, 2026)).If your notes are automatically called, you will receive a payment on the next payment date (the fifth business day afterthe relevant observation date) equal to the face amount of your notesplusa coupon (as described below). Observation dates are the 3rd day of each month, commencing in July 2026 and ending in June 2033. If on anyobservation date the closing price of each index stock isgreater thanorequalto 78% of its initial price, you will receiveon the applicable payment date a coupon for each $1,000 face amount of your notes equal to (i) theproductof $6.375(0.6375% monthly, or up to 7.65% per annum)timesthe number of observation dates that have occurred up to andincluding the relevant observation dateminus(ii) thesumof all coupons previously paid, if any. If your notes have not been automatically called, at maturity, for each $1,000 face amount of your notes you will receive$1,000 plus the final coupon, if any. You should read the disclosure herein to better understand the terms and risks of your investment, includingthe credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc. See page PS-17. The estimated value of yournotes at the time the terms of your notes are set on the trade date is equal to approximately$942 per $1,000 face amount. For a discussion of the estimated value and the price at which Goldman Sachs & Co. LLCwould initially buy or sell your notes, if it makes a market in the notes, see the following page. Original issue date:June 8, 2026Original issue price:100% of the face amountUnderwriting discount:4.125% of the face amount*Net proceeds to the issuer:95.875% of the face amount * See “Supplemental Plan of Distribution; Conflicts of Interest” on page PS-30for additional information regarding thefees comprising the underwriting discount. Neither the Securities and Exchange Commission nor any other regulatory body has approved or disapprovedof these securities or passed upon the accuracy or adequacy of this prospectus. Any representation to thecontrary is a criminal offense.The notes are not bank deposits and are not insured by the Federal DepositInsurance Corporation or any other governmental agency, nor are they obligations of, or guaranteed by, a bank.Goldman Sachs & Co. LLC Pricing Supplement No. 24,887 dated June 3, 2026. The issue price, underwriting discount and net proceeds listed above relate to the notes we sell initially. We may decideto sell additional notes after the date of this pricing supplement, at issue prices and with underwriting discounts and netproceeds that differ from the amounts set forth above. The return (whether positive or negative) on your investment innotes will depend in part on the issue price you pay for such notes. GS Finance Corp. may use this prospectus in the initial sale of the notes. In addition, Goldman Sachs & Co. LLC or anyother 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, thisprospectus is being used in a market-making transaction. Estimated Value of Your Notes The estimated value of your notes at the time the terms of your notes are set on the trade date (as determined byreference to pricing models used by Goldman Sachs & Co. LLC (GS&Co.) and taking into account our credit spreads)is equal to approximately $942 per $1,000 face amount, which is less than the original issue price. The value of yournotes at any time will reflect many factors and cannot be predicted; however, the price (not including GS&Co.’scustomary bid and ask spreads) at which GS&Co. would initially buy or sell notes (if it makes a market, which it is notobligated to do) and the value that GS&Co. will initially use for account statements and otherwise is equal toapp