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) ~~March~~May 2628, 2026

Benchmark 2026-V21 Mortgage Trust

(Central Index Key Number 0002109998)
(Exact name of issuing entity)

GS Mortgage Securities Corporation II

(Central Index Key Number 0001004158)

(Exact name of the depositor as specified in its charter)

Goldman Sachs Mortgage Company

(Central Index Key Number 0001541502)

German American Capital Corporation

(Central Index Key Number 0001541294)

Citi Real Estate Funding Inc.

(Central Index Key Number 0001701238)

Bank of Montreal

(Central Index Key Number 0000927971)

Barclays Capital Real Estate Inc.

(Central Index Key Number 0001549574)

(Exact name of the sponsors as specified in its charters)

Delaware	333-286173-03	22-3442024
(State or other jurisdiction	(Commission File Number	(IRS Employer Identification
(State or other jurisdiction of incorporation of depositor)	(Commission File Number of issuing entity)	(IRS Employer Identification No. of depositor)
of incorporation of depositor)	of issuing entity)	No. of depositor)

200 West Street

New York, New York

10282

(Address of principal executive offices of depositor)

(Zip Code of depositor)

Depositor’s telephone number, including area code (212) 902-1000

Not Applicable

(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(s)	Name of each exchange on which registered

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

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 81.01. ~~Other~~Entry ~~Events~~into a Material Definitive Agreement.

On March 26, 2026 (the “Closing Date”), GS Mortgage Securities Corporation II (the “Depositor”) caused (i) the issuance of the Benchmark 2026-V21 Mortgage Trust Commercial Mortgage Pass-Through Certificates, Series 2026-V21 (the “Certificates”) and (ii) the creation of an uncertificated interest (the “RR Interest”, and, together with the Class RR Certificates, the “VRR Interest”) in the Issuing Entity (as defined below) representing the right to receive a specified percentage of certain amounts collected on the Mortgage Loans (as defined below), net of all expenses of the Issuing Entity, in each case pursuant to a pooling and servicing agreement, dated as of March 1, 2026 (the “Pooling and Servicing Agreement”), among the Depositor, as depositor, KeyBank National Association, as master servicer, Torchlight Loan Services, LLC, as special servicer, Computershare Trust Company, National Association, as certificate administrator and as trustee, and BellOak, LLC, as operating advisor and as asset representations reviewer. Capitalized terms used but not defined herein shall have the meanings assigned to them in the Pooling and Servicing Agreement.

The Certificates ~~will~~and ~~consist of~~ the ~~following~~RR Interest ~~classes~~represent, ~~designated~~in asthe ~~(i) Class A-1~~aggregate, ~~Class~~the ~~A-2,~~entire ~~Class~~beneficial ~~A-3,~~ownership ~~Class~~in XBenchmark 2026-A,V21 ~~Class~~Mortgage ~~X-B,~~Trust ~~Class~~(the ~~A-S~~“Issuing Entity”), a ~~Class~~common Blaw ~~and~~trust ~~Class~~fund Cformed ~~Certificates (collectively,~~under the ~~“Publicly~~laws ~~Offered~~of ~~Certificates”),~~the ~~(ii)~~State ~~Class~~of ~~X-D,~~New ~~Class~~York ~~X-F,~~pursuant ~~Class~~to ~~X-G,~~the ~~Class~~Pooling ~~X-J,~~and ~~Class~~Servicing ~~X-K,~~Agreement. ~~Class D,~~The ~~Class~~assets F,of the ~~Class~~Issuing G,Entity ~~Class~~consist J,primarily ~~Class~~of K41 ~~and~~fixed-rate ~~Class~~mortgage Rloans ~~Certificates~~ (~~collectively,~~ the “~~Privately~~Mortgage ~~Offered Certificates~~Loans”) secured by first liens on 68 commercial, multifamily and/or ~~(iii)~~manufactured ~~the~~housing ~~Class~~properties RR(the ~~Certificates~~“Mortgaged Properties”).

The ~~Depositor~~Mortgage ~~sold~~Loan ~~all~~secured ofby the ~~Publicly~~Mortgaged ~~Offered~~Property ~~Certificates,~~identified ~~having~~on anExhibit ~~aggregate~~B ~~initial principal amount of $1,010,463,000,~~ to ~~Goldman~~the ~~Sachs~~Pooling &and ~~Co.~~Servicing ~~LLC~~Agreement ~~(“GS&Co.”), Deutsche~~as ~~Bank Securities Inc. (~~“~~DBSI”),~~Del ~~Citigroup~~Rey ~~Global Markets Inc. (“CGMI~~Campus”), ~~BMO~~which ~~Capital~~is ~~Markets~~an ~~Corp.~~asset ~~(“BMO~~of ~~Capital~~the ~~Markets”),~~Issuing ~~Barclays Capital Inc. (“Barclays Capital”)~~Entity, ~~Academy~~is ~~Securities,~~part ~~Inc. (“Academy”)~~of ~~and~~a ~~Drexel~~whole ~~Hamilton,~~loan ~~LLC~~ (~~“Drexel”, and together with GS&Co., DBSI, CGMI, BMO Capital Markets, Barclays Capital and Academy, in such capacities,~~ the “~~Underwriters”),~~Del ~~pursuant~~Rey toCampus anWhole ~~underwriting agreement, dated as of March 3, 2026 (the “Underwriting Agreement~~Loan”), ~~among~~that ~~the~~includes ~~Depositor and~~ the ~~Underwriters.~~Del ~~The~~Rey ~~Publicly Offered~~Campus ~~Certificates~~Mortgage ~~were~~Loan ~~offered~~and bycertain ~~the~~other ~~Underwriters~~loans ~~for~~that ~~sale~~are topari ~~the~~passu ~~public, pursuant~~ to the ~~Depositor’s~~Del ~~Preliminary~~Rey ~~Prospectus,~~Campus ~~dated February~~Mortgage ~~24,~~Loan ~~2026~~ (the “~~Preliminary~~Del ~~Prospectus”),~~Rey ~~and~~Campus ~~the Depositor’s Prospectus, dated March 4, 2026 (the “Prospectus~~Companion Loans”)~~, in~~. ~~negotiated~~The ~~transactions~~Del orRey ~~otherwise~~Campus atCompanion ~~varying~~Loans ~~prices~~are ~~determined~~not atassets of the ~~time~~Issuing ~~of sale~~Entity.

InAs ~~connection~~of ~~with~~May 28, 2026, the Del ~~issuance~~Rey Campus Whole Loan, including the Del Rey Campus Mortgage Loan, is being serviced and ~~sale~~administered pursuant to ~~the~~(a) ~~Underwriters~~a pooling and servicing agreement, an executed version of which is attached hereto as Exhibit 4.1 and which is dated as of May 1, 2026 (the ~~Publicly~~“WFCM ~~Offered~~2026-5C9 Pooling ~~Certificates~~and Servicing Agreement”), aamong ~~legal~~Wells ~~opinion~~Fargo ~~was~~Commercial ~~rendered~~Mortgage ~~related~~Securities, toInc., ~~the~~as ~~validity~~depositor, ofTrimont LLC, ~~and~~as master ~~certain~~servicer, ~~federal~~Rialto ~~income~~Capital ~~tax~~Advisors, ~~considerations~~LLC, ~~relating~~as tospecial servicer, ~~the~~Computershare ~~Publicly~~Trust ~~Offered~~Company, ~~Certificates~~National Association, ~~which~~as ~~legal~~certificate ~~opinion~~administrator, Deutsche isBank ~~attached~~National ~~hereto~~Trust Company, as ~~Exhibits~~trustee, and Pentalpha Surveillance LLC, as operating advisor and as asset representations reviewer 5and (b) the related Co-Lender Agreement (as defined in the Pooling and Servicing Agreement), as to which an executed version was attached to the current report on Form 8-K ~~and~~filed 23by the Issuing Entity on March 5, 2026.

The ~~Depositor~~servicing ~~sold~~terms ~~all~~ of the WFCM ~~Privately~~2026-5C9 ~~Offered~~Pooling ~~Certificates,~~and ~~having~~Servicing anAgreement ~~aggregate~~applicable ~~initial~~to ~~principal~~the ~~amount~~servicing of ~~$128,087,797,~~the toDel ~~GS&Co.,~~Rey ~~DBSI,~~Campus ~~CGMI,~~Mortgage ~~BMO~~Loan ~~Capital Markets,~~are ~~Barclays~~similar ~~Capital,~~in ~~Academy~~all ~~and~~material respects ~~Drexel~~to ~~(collectively~~the inservicing ~~such~~terms ~~capacity,~~of the ~~“Initial~~Pooling ~~Purchasers”),~~and ~~pursuant~~Servicing ~~to a~~Agreement ~~certificate~~applicable ~~purchase~~to ~~agreement,~~the ~~dated~~servicing as of ~~March~~the 3other Mortgage Loans, ~~2026~~but ~~(the~~will differ ~~“Certificate~~in ~~Purchase~~certain ~~Agreement”)~~respects, ~~among~~as ~~the~~described ~~Depositor and~~in the ~~Initial~~section ~~Purchasers.~~captioned ~~The~~“Pooling ~~Privately~~and ~~Offered~~Servicing ~~Certificates~~Agreement—Servicing ~~were~~of ~~sold~~the Non-Serviced Mortgage Loans” in ~~transactions~~the ~~exempt~~Prospectus ~~from~~(SEC ~~registration~~File ~~under~~Number 333-286173-03) filed with the Securities ~~Act~~ ofand ~~1933~~Exchange ~~(the~~Commission ~~“Act”),~~on ~~as amended~~March 5, 2026 pursuant to ~~Section~~Rule 4424(ab)(2) ~~of the Act~~.

The Certificates and the RR Interest represent, in the aggregate, the entire beneficial ownership in Benchmark 2026-V21 Mortgage Trust (the “Issuing Entity”), a common law trust fund formed under the laws of the State of New York pursuant to the Pooling and Servicing Agreement. The assets of the Issuing Entity consist primarily of 41 fixed-rate mortgage loans (the “Mortgage Loans”) secured by first liens on 68 commercial, multifamily and/or manufactured housing properties.

Item 9.01.	Financial Statements and Exhibits.
(d)	Exhibits
Exhibit No.	Description
Exhibit 4.1	Pooling and Servicing Agreement, dated as of May 1, 2026, among Wells Fargo Commercial Mortgage Securities, Inc., as depositor, Trimont LLC, as master servicer, Rialto Capital Advisors, LLC, as special servicer, Computershare Trust Company, National Association, as certificate administrator, Deutsche Bank National Trust Company, as trustee, and Pentalpha Surveillance LLC, as operating advisor and as asset representations reviewer.

The compensation for the Mortgage Loans paid to the Sponsors included net proceeds of the sale of the Certificates. The net proceeds to the Depositor of the sale of the Certificates, after deducting

expenses payable by the Depositor in connection with the issuance and distribution of the Certificates of approximately $5,640,910, were approximately $1,185,353,199. Of the expenses paid by the Depositor, approximately $484,851 were paid directly to affiliates of the Depositor, approximately $534,851 in the form of fees were paid to the Underwriters and the Initial Purchasers, approximately $135,000 were paid to or for the Underwriters and the Initial Purchasers, and approximately $4,971,059 were other expenses. All of the foregoing expense amounts are the Depositor’s reasonable estimates of such expenses. No underwriting discounts and commissions or finder’s fees were paid by the Depositor. Further information regarding such sales relating to the price per class of Publicly Offered Certificates is set forth on Schedule II to the Underwriting Agreement.

Further information regarding such sales has been previously provided on the Depositor’s Current Report on Form 8-K, as filed with the Securities and Exchange Commission (Filing Date: March 5, 2026) and in the Prospectus, dated March 4, 2026 and as filed with the Securities and Exchange Commission on March 5, 2026. The related registration statement (file no. 333-286173) was originally declared effective on August 5, 2025.

Credit Risk Retention

Goldman Sachs Mortgage Company (“GSMC”), in its capacity as “retaining sponsor” (in such capacity, the “Retaining Sponsor”) is satisfying its credit risk retention obligation under Regulation RR, 12 C.F.R. Part 244 (the “Risk Retention Rule”) in connection with the securitization of the Mortgage Loans referred to above by (i) the purchase of the Class RR Certificates by Citi Real Estate Funding Inc. (“CREFI”) from the Depositor (which is deemed to be purchased from the Depositor by the Retaining Sponsor and from the Retaining Sponsor by CREFI), and (ii) the purchase of the RR Interest by the Retaining Sponsor from the Depositor.

The VRR Interest constitutes an “eligible vertical interest” (as defined in the Risk Retention Rule) that represents the right to receive at least 5.0% of all amounts collected on the Mortgage Loans, net of all expenses of the Issuing Entity, and distributed on the Certificates (other than the Class R Certificates) and the RR Interest.

Item 9.01. Financial Statements, Pro Forma Financial Information and Exhibits.

(d) Exhibits

Exhibit 5	Legality Opinion of Cadwalader, Wickersham & Taft LLP, dated March 26, 2026.
Exhibit 8	Tax Opinion of Cadwalader, Wickersham & Taft LLP, dated March 26, 2026 (included as part of Exhibit 5).
Exhibit 23	Consent Opinion of Cadwalader, Wickersham & Taft LLP, dated March 26, 2026 (included as part of Exhibit 5).

Pursuant to the requirements of the Securities Exchange Act of 1934, the depositor has caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: March 26, 2026	GS MORTGAGE SECURITIES CORPORATION II
Date: June 2, 2026	GS MORTGAGE SECURITIES CORPORATION II
	By:	/s/ Scott Epperson
		Name: Scott EppersonTitle: Chief Executive Officer
		Name:	Scott Epperson
		Title:	Chief Executive Officer

INDEX TO EXHIBITS

Item 601(a) of Regulation S-K Exhibit No.	Description	Paper (P) or Electronic (E)
5	Legality Opinion of Cadwalader, Wickersham & Taft LLP, dated March 26, 2026.	(E)
4.1	Pooling and Servicing Agreement, dated as of May 1, 2026, among Wells Fargo Commercial Mortgage Securities, Inc., as depositor, Trimont LLC, as master servicer, Rialto Capital Advisors, LLC, as special servicer, Computershare Trust Company, National Association, as certificate administrator, Deutsche Bank National Trust Company, as trustee, and Pentalpha Surveillance LLC, as operating advisor and as asset representations reviewer.	(E)
8	Tax Opinion of Cadwalader, Wickersham & Taft LLP, dated March 26, 2026 (included as part of Exhibit 5).	(E)
23	Consent Opinion of Cadwalader, Wickersham & Taft LLP, dated March 26, 2026 (included as part of Exhibit 5).	(E)

Filing Compare · Benchmark 2026-V21 Mortgage Trust