Form 8-K
8-K — GOLDMAN SACHS GROUP INC
Accession: 0001193125-26-164058
Filed: 2026-04-20
Period: 2026-04-20
CIK: 0000886982
SIC: 6211 (SECURITY BROKERS, DEALERS & FLOTATION COMPANIES)
Item: Financial Statements and Exhibits
Documents
8-K — d122102d8k.htm (Primary)
EX-5.1 (d122102dex51.htm)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K
8-K (Primary)
Filename: d122102d8k.htm · Sequence: 1
8-K
GOLDMAN SACHS GROUP INC 5.793% Fixed-to-Floating Rate Normal Automatic Preferred Enhanced Capital Securities of Goldman Sachs Capital II NY false 0000886982 0000886982 2026-04-20 2026-04-20 0000886982 us-gaap:CommonStockMember 2026-04-20 2026-04-20 0000886982 gs:SeriesAFloatingRatePreferredStockMember 2026-04-20 2026-04-20 0000886982 gs:SeriesCFloatingRatePreferredStockMember 2026-04-20 2026-04-20 0000886982 gs:SeriesDFloatingRatePreferredStockMember 2026-04-20 2026-04-20 0000886982 gs:FivePointSevenNineThreePercentageFixedToFloatingRateNormalApexMember 2026-04-20 2026-04-20 0000886982 gs:FloatingRateNormalAutomaticPreferredEnhancedCapitalSecuritiesOfGoldmanSachsCapitalIiiMember 2026-04-20 2026-04-20 0000886982 gs:SeriesFMediumTermNotesCallableFixedAndFloatingRateNotesDueMarch2031OfGSFinanceCorpMember 2026-04-20 2026-04-20 0000886982 gs:SeriesFMediumTermNotesCallableFixedAndFloatingRateNotesDueMay2031OfGSFinanceCorpMember 2026-04-20 2026-04-20
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
April 20, 2026
The Goldman Sachs Group, Inc.
(Exact name of registrant as specified in its charter)
Delaware
No. 001-14965
No. 13-4019460
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
200 West Street, New York, N.Y.
10282
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including area code: (212) 902-1000
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading
Symbol
Exchange
on which
registered
Common stock, par value $.01 per share
GS
NYSE
Depositary Shares, Each Representing 1/1,000th Interest in a Share of Floating Rate Non-Cumulative Preferred Stock, Series A
GS PrA
NYSE
Depositary Shares, Each Representing 1/1,000th Interest in a Share of Floating Rate Non-Cumulative Preferred Stock, Series C
GS PrC
NYSE
Depositary Shares, Each Representing 1/1,000th Interest in a Share of Floating Rate Non-Cumulative Preferred Stock, Series D
GS PrD
NYSE
5.793% Fixed-to-Floating Rate Normal Automatic Preferred Enhanced Capital Securities of Goldman Sachs Capital II
GS/43PE
NYSE
Floating Rate Normal Automatic Preferred Enhanced Capital Securities of Goldman Sachs Capital III
GS/43PF
NYSE
Medium-Term Notes, Series F, Callable Fixed and Floating Rate Notes due March 2031 of GS Finance Corp.
GS/31B
NYSE
Medium-Term Notes, Series F, Callable Fixed and Floating Rate Notes due May 2031 of GS Finance Corp.
GS/31X
NYSE
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 under the Securities Act (17 CFR 230.405) or Rule 12b-2 under the Exchange Act (17 CFR 240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 9.01 Financial Statements and Exhibits.
Exhibits are filed herewith in connection with the issuance of the following debt securities by The Goldman Sachs Group, Inc. (the “Company”) on April 20, 2026 pursuant to the Company’s shelf registration statement on Form S-3 (File No. 333-284538) (as amended, the “Registration Statement”):
•
$500,000,000 Floating Rate Notes due 2030 (the “2030 Floating Rate Securities”)
•
$3,000,000,000 4.594% Fixed/Floating Rate Notes due 2030 (the “2030 Fixed/Floating Rate Securities”)
•
$3,000,000,000 5.094% Fixed/Floating Rate Notes due 2034 (the “2034 Fixed/Floating Rate Securities” and, together with the 2030 Floating Rate Securities and the 2030 Fixed/Floating Rate Securities, the “Securities”)
(d) Exhibits
The following exhibits are filed as part of this Current Report on Form 8-K and Exhibits 5.1 and 23.1 are incorporated by reference into the Registration Statement as exhibits thereto:
5.1
Opinion of Sullivan & Cromwell LLP relating to the Securities.
23.1
Consent of Sullivan & Cromwell LLP (included as part of Exhibit 5.1).
101
Pursuant to Rule 406 of Regulation S-T, the cover page information is formatted in iXBRL (Inline eXtensible Business Reporting Language).
104
Cover Page Interactive Data File (formatted in iXBRL in Exhibit 101).
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
THE GOLDMAN SACHS GROUP, INC.
(Registrant)
Date: April 20, 2026
By:
/s/ Matthew E. Tropp
Name:
Matthew E. Tropp
Title:
Assistant Secretary
EX-5.1
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EX-5.1
Exhibit 5.1
[Letterhead of Sullivan & Cromwell LLP]
April 20, 2026
The Goldman Sachs Group,
Inc.,
200 West Street,
New
York, New York 10282.
Ladies and Gentlemen:
We are acting as counsel to The Goldman Sachs Group, Inc., a Delaware corporation (the “Company”), in connection with the issuance
and delivery, on the date hereof, of (i) $500,000,000 aggregate principal amount Floating Rate Notes due 2030 (the “2030 Floating Rate Notes”), (ii) $3,000,000,000 aggregate principal amount of 4.594% Fixed/Floating Rate Notes due 2030
(the “2030 Fixed/Floating Rate Notes”) and (iii) $3,000,000,000 aggregate principal amount of 5.094% Fixed/Floating Rate Notes due 2034 (the “2034 Fixed/Floating Rate Notes” and together with the 2030 Floating Rate Notes and
the 2030 Fixed/Floating Rate Notes, the “Notes”). The Company filed with the Securities and Exchange Commission, on January 28, 2025, a registration statement on Form S-3, as amended on
February 13, 2025 on Form S-3/A (File No. 333-284538) (the “Registration Statement”) under the Securities Act of 1933 (the “Act”) relating to the proposed offer and sale of
the Company’s unsecured debt securities, including the Notes. The Notes are being issued under an indenture, dated as of July 16, 2008 (as previously amended, most recently by the Fourth Supplemental Indenture, dated as of
December 31, 2016, the “Indenture”), between the Company and The Bank of New York Mellon, as trustee (the “Trustee”).
In rendering this opinion, we have examined the following documents:
1.
The Restated Certificate of Incorporation and the Amended and Restated
By-Laws of the Company.
2.
The Indenture.
3.
Certificates of officers of the Company with respect to the authorization of the Notes, the determination of
the terms of the Notes and related matters.
4.
Forms of the Notes.
The Goldman Sachs Group, Inc.
- 2 -
We also have examined such questions of law as we have considered necessary or appropriate
for the purposes of this opinion. Upon the basis of such examination, it is our opinion that the Notes constitute valid and legally binding obligations of the Company, subject to bankruptcy, insolvency, fraudulent transfer, reorganization,
moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles.
The foregoing opinion is limited to the Federal laws of the United States, the laws of the State of New York and the General Corporation Law
of the State of Delaware, and we are expressing no opinion as to the effect of the laws of any other jurisdiction.
In rendering the
foregoing opinion, we are not passing upon, and assume no responsibility for, any disclosure in the Registration Statement or any related prospectus or other offering material regarding the Company or the Notes or their offering and sale.
We have relied as to certain matters on information obtained from public officials, officers of the Company and other sources believed by us
to be responsible, and we have assumed, without independent verification, that the Indenture has been duly authorized, executed and delivered by the Trustee, that the Notes conform to the forms thereof examined by us, that the Trustee’s
certificates of authentication of the Notes have been manually signed by one of the Trustee’s authorized officers, that the Notes have been delivered against payment as contemplated in the Registration Statement and that the signatures on all
documents examined by us are genuine.
We hereby consent to the filing of this opinion as an exhibit to the Registration Statement. In
giving this consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Act.
Very truly yours,
/s/ SULLIVAN & CROMWELL LLP
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Document and Entity Information
Apr. 20, 2026
Document And Entity Information [Line Items]
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GOLDMAN SACHS GROUP INC
Entity Address, State or Province
NY
Amendment Flag
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Document Type
8-K
Document Period End Date
Apr. 20, 2026
Entity Incorporation State Country Code
DE
Entity File Number
001-14965
Entity Tax Identification Number
13-4019460
Entity Address, Address Line One
200 West Street
Entity Address, City or Town
New York
Entity Address, Postal Zip Code
10282
City Area Code
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Local Phone Number
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Common Stock [Member]
Document And Entity Information [Line Items]
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Trading Symbol
GS
Security Exchange Name
NYSE
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Document And Entity Information [Line Items]
Security 12b Title
Depositary Shares, Each Representing 1/1,000th Interest in a Share of Floating Rate Non-Cumulative Preferred Stock, Series A
Trading Symbol
GS PrA
Security Exchange Name
NYSE
Series C Floating Rate Preferred Stock [Member]
Document And Entity Information [Line Items]
Security 12b Title
Depositary Shares, Each Representing 1/1,000th Interest in a Share of Floating Rate Non-Cumulative Preferred Stock, Series C
Trading Symbol
GS PrC
Security Exchange Name
NYSE
Series D Floating Rate Preferred Stock [Member]
Document And Entity Information [Line Items]
Security 12b Title
Depositary Shares, Each Representing 1/1,000th Interest in a Share of Floating Rate Non-Cumulative Preferred Stock, Series D
Trading Symbol
GS PrD
Security Exchange Name
NYSE
Five Point Seven Nine Three Percentage Fixed To Floating Rate Normal Apex [Member]
Document And Entity Information [Line Items]
Security 12b Title
5.793% Fixed-to-Floating Rate Normal Automatic Preferred Enhanced Capital Securities of Goldman Sachs Capital II
Trading Symbol
GS/43PE
Security Exchange Name
NYSE
Floating Rate Normal Automatic Preferred Enhanced Capital Securities Of Goldman Sachs Capital Iii [Member]
Document And Entity Information [Line Items]
Security 12b Title
Floating Rate Normal Automatic Preferred Enhanced Capital Securities of Goldman Sachs Capital III
Trading Symbol
GS/43PF
Security Exchange Name
NYSE
Series F Medium Term Notes Callable Fixed And Floating Rate Notes Due March 2031 Of GS Finance Corp [Member]
Document And Entity Information [Line Items]
Security 12b Title
Medium-Term Notes, Series F, Callable Fixed and Floating Rate Notes due March 2031 of GS Finance Corp.
Trading Symbol
GS/31B
Security Exchange Name
NYSE
Series F Medium Term Notes Callable Fixed And Floating Rate Notes Due May 2031 Of GS Finance Corp [Member]
Document And Entity Information [Line Items]
Security 12b Title
Medium-Term Notes, Series F, Callable Fixed and Floating Rate Notes due May 2031 of GS Finance Corp.
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Security Exchange Name
NYSE
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