高盛美股招股说明书(2026-06-10版)

The information in this preliminary pricing supplement is not complete and may be changed. This preliminarypricing supplement is not an offer to sell nor does it seek an offer to buy these securities in any jurisdictionwhere the offer or sale is not permitted. Subject to Completion. Dated June 9, 2026.GS Finance Corp. $Callable Nasdaq-100 Futures Excess ReturnIndex-Linked Notes due guaranteed byThe Goldman Sachs Group, Inc. The notes do not bear interest.The notes will mature on the stated maturity date (expected to be June 24, 2031),unless we redeem them. We may redeem your notes at 100% of their face amount plus an amountequal totheproductof $1,000timesthe applicable call premium amount on any monthly call payment date beginning in June 2027 and ending in May 2031.The call payment dates and applicable call premium amount for each call payment date are specified onpage PS-4 of this pricing supplement. If we do not redeem your notes, the amount that you will be paid on your notes on the stated maturity date is based onthe performance of the Nasdaq-100 Futures Excess Return™ Index as measured from the trade date (expected to beJune 18, 2026) to and including the determination date (expected to be June 18, 2031). The index tracks the performance of E-mini Nasdaq-100 futures contracts, not the Nasdaq-100 Index® Generally, the return on an investment in a futures contract is correlated with, but not the same as, the return onbuying and holding the securities underlying such contract. In addition, limited historical information regardingthe performance of the index is available, which may make it difficult for you to make an informed decision with If the final index level on the determination date isgreater thanthe initial index level (set on the trade date and will be anintra-day level or the closing level of the index on the trade date), the return on your notes will be positive and will equal2.45timesthe index return. The index return is the percentage increase or decrease in the final index level from the If the final index level is less than 80% of the initial index level you could lose a substantial portion of yourinvestment in the notes At maturity, for each $1,000 face amount of your notes, you will receive an amount in cash equal to:•if the final index level isgreater thanthe initial index level, thesumof (i) $1,000plus(ii) theproductof (a) $1,000times(b) 2.45times(c) the index return;•if the final index level isgreater thanorequal to80% of the initial index level butequal toorless thanthe initial indexlevel, $1,000; or The estimated value of your notes at the time the terms of your notes are set on the trade date is expected to bebetween $885 and $925 per $1,000 face amount. For a discussion of the estimated value and the price at whichGoldman Sachs & Co. LLC would initially buy or sell your notes, if it makes a market in the notes, see the following page. Original issue date:expected to be June 24, 2026Original issue price: Underwriting discount :% of the face amount*Net proceeds to the issuer:* See “Supplemental Plan of Distribution; Conflicts of Interest” on page PS-23for 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 Deposit Goldman Sachs & Co. LLC Pricing Supplement No. 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 in 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, this 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) isexpected to be between $885 and $925 per $1,000 face amount, which is less than the original issue price. The value ofyour notes at any time will reflect many factors and cannot be predicted; however, the price (not including GS&Co.’s Prior to, the price (not including GS&Co.’s customary bid and ask spreads) at which GS&Co. would buy or sellyour notes (if it makes a market, which it is not obligated to do) will equal approximate