[144] Goldman Sachs Group Inc. SEC Filing

Rhea-AI Filing Summary

Goldman Sachs Group (GS) has filed a Form 144 indicating an intended sale of 9,539 common shares through Goldman Sachs & Co. LLC on or about 25 July 2025. The shares, valued at an estimated $6.86 million, were acquired the same day via employee compensation awards. No other Rule 144 sales by the filer occurred in the past three months. The proposed sale equates to roughly 0.003% of GS’s 306.84 million shares outstanding, suggesting minimal dilution or ownership impact. Because the filing does not identify the seller, disclose motive, or involve a significant percentage of shares, it is best viewed as a routine insider liquidity event rather than a strategic signal.

Insights

Equity Analyst

TL;DR: Small Rule 144 insider sale; negligible ownership impact, neutral signal.

The filing covers a proposed disposition of 9,539 GS shares, roughly $6.9 million in value, representing only 0.003% of shares outstanding. Volume is far below thresholds that typically influence float or governance, and the shares stem from recent compensation awards, implying standard liquidity management. No prior related sales were reported in the last quarter. Given the size and context, I classify market impact as not material; investors generally view such filings as routine unless coupled with broader insider-selling trends.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock, par value $0.01	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	9539	6860258.02	306841128	07/25/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock, par $.01 per share	07/25/2025	Employee Compensation Awards	The Goldman Sachs Group, Inc.			9539	07/25/2025	Employee Compensation Awards

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)