Goldman Sachs (NYSE: GS) director entity reports multiple stock sales

Q: Who is the reporting person on the GS Form 4 insider filing?

The reporting person is David A. Viniar , identified as a director of Goldman Sachs Group Inc. (GS) and not as an officer or 10% owner.

Q: What transactions in Goldman Sachs (GS) stock were reported on this Form 4?

The filing reports several open-market sales of Goldman Sachs common stock on January 16, 2026 , each coded "S" for a sale of non-derivative securities.

Q: At what prices were the Goldman Sachs (GS) shares sold in this Form 4?

Weighted average sale prices ranged from $968.60 to $975.68 per share, with individual trade prices between $968.14 and $975.88 per share, as detailed in the footnotes.

Q: Were the GS shares sold directly by David A. Viniar?

No. The Form 4 states that the sold shares were held through a limited liability company , so the sales are attributed to that entity rather than to Viniar directly.

Q: What indirect holdings of Goldman Sachs (GS) stock remain after these transactions?

The Form 4 shows 100,000 shares indirectly held following the reported sales through the limited liability company, plus 72,693 shares held through trusts for family members.

Q: Does David A. Viniar claim beneficial ownership of the GS shares held in trusts?

No. The filing explains that the 72,693 shares are held in trusts for which his spouse is sole trustee and immediate family members are beneficiaries, and it states that Viniar disclaims beneficial ownership of these shares.

Q: Is this the only Form 4 filed for these GS stock transactions?

No. The remarks explain this is the second of two Forms 4 relating to the same events, because the number of transactions exceeded the SEC EDGAR system’s limit for a single filing.

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Goldman Sachs Group Inc. director David A. Viniar reported a series of indirect open-market sales of the company’s common stock on January 16, 2026. The transactions involved multiple blocks of shares, with weighted average sale prices ranging from about $968.60 to $975.68 per share, and underlying trade prices between $968.14 and $975.88 per share.

The sold shares were held through a limited liability company, so the activity is attributed to that entity rather than directly to Viniar personally. After these reported sales, an additional 72,693 shares are reported as held through trusts for which Viniar’s spouse is sole trustee and immediate family members are beneficiaries, and Viniar disclaims beneficial ownership of those trust-held shares.

Insider Trade Summary

Net Seller: 3,390 shares ($3,292,137)

Net Sell 9 txns

Insider VINIAR DAVID A

Role Director

Sold 3,390 shs ($3.29M)

Type	Security	Shares	Price	Value
Sale	Common Stock, par value $0.01 per share	949	$968.60	$919K
Sale	Common Stock, par value $0.01 per share	729	$969.56	$707K
Sale	Common Stock, par value $0.01 per share	362	$970.65	$351K
Sale	Common Stock, par value $0.01 per share	80	$971.30	$78K
Sale	Common Stock, par value $0.01 per share	222	$972.85	$216K
Sale	Common Stock, par value $0.01 per share	536	$973.68	$522K
Sale	Common Stock, par value $0.01 per share	421	$974.81	$410K
Sale	Common Stock, par value $0.01 per share	91	$975.68	$89K
holding	Common Stock, par value $0.01 per share	--	--	--

Holdings After Transaction: Common Stock, par value $0.01 per share — 102,441 shares (Indirect, See footnote)

Footnotes (1)

Reflects a weighted average sale price of $968.60 per share, at prices ranging from $968.14 to $969.07 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. Held through a limited liability company. Reflects a weighted average sale price of $969.56 per share, at prices ranging from $969.16 to $970.13 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. Reflects a weighted average sale price of $970.65 per share, at prices ranging from $970.19 to $971.16 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price Reflects a weighted average sale price of $971.30 per share, at prices ranging from $971.26 to $971.34 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. Reflects a weighted average sale price of $972.85 per share, at prices ranging from $972.30 to $973.29 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. Reflects a weighted average sale price of $973.68 per share, at prices ranging from $973.33 to $974.29 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. Reflects a weighted average sale price of $974.81 per share, at prices ranging from $974.44 to $975.41 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. Reflects a weighted average sale price of $975.68 per share, at prices ranging from $975.45 to $975.88 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. Held through trusts, the sole trustee of which is the Reporting Person's spouse and the sole beneficiaries of which are immediate family members of the Reporting Person. The Reporting Person disclaims beneficial ownership of these shares.

Form 4 Insider Transactions: What Each Field Means →

01/21/2026 - 04:43 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

VINIAR DAVID A

(Last)

(First)

(Middle)

C/O GOLDMAN SACHS & CO. LLC

200 WEST STREET

(Street)

NEW YORK

10282

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
GOLDMAN SACHS GROUP INC [ GS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/16/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.01 per share	01/16/2026		S		949	D	$968.6⁽¹⁾	102,441	I	See footnote⁽²⁾
Common Stock, par value $0.01 per share	01/16/2026		S		729	D	$969.56⁽³⁾	101,712	I	See footnote⁽²⁾
Common Stock, par value $0.01 per share	01/16/2026		S		362	D	$970.65⁽⁴⁾	101,350	I	See footnote⁽²⁾
Common Stock, par value $0.01 per share	01/16/2026		S		80	D	$971.3⁽⁵⁾	101,270	I	See footnote⁽²⁾
Common Stock, par value $0.01 per share	01/16/2026		S		222	D	$972.85⁽⁶⁾	101,048	I	See footnote⁽²⁾
Common Stock, par value $0.01 per share	01/16/2026		S		536	D	$973.68⁽⁷⁾	100,512	I	See footnote⁽²⁾
Common Stock, par value $0.01 per share	01/16/2026		S		421	D	$974.81⁽⁸⁾	100,091	I	See footnote⁽²⁾
Common Stock, par value $0.01 per share	01/16/2026		S		91	D	$975.68⁽⁹⁾	100,000	I	See footnote⁽²⁾
Common Stock, par value $0.01 per share								72,693	I	See footnote⁽¹⁰⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Reflects a weighted average sale price of $968.60 per share, at prices ranging from $968.14 to $969.07 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

2. Held through a limited liability company.

3. Reflects a weighted average sale price of $969.56 per share, at prices ranging from $969.16 to $970.13 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

4. Reflects a weighted average sale price of $970.65 per share, at prices ranging from $970.19 to $971.16 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price

5. Reflects a weighted average sale price of $971.30 per share, at prices ranging from $971.26 to $971.34 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

6. Reflects a weighted average sale price of $972.85 per share, at prices ranging from $972.30 to $973.29 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

7. Reflects a weighted average sale price of $973.68 per share, at prices ranging from $973.33 to $974.29 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

8. Reflects a weighted average sale price of $974.81 per share, at prices ranging from $974.44 to $975.41 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

9. Reflects a weighted average sale price of $975.68 per share, at prices ranging from $975.45 to $975.88 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

10. Held through trusts, the sole trustee of which is the Reporting Person's spouse and the sole beneficiaries of which are immediate family members of the Reporting Person. The Reporting Person disclaims beneficial ownership of these shares.

Remarks:

This Form 4 is the second of two Form 4s being filed by the Reporting Person relating to the same events. The Form 4 has been split into two filings because the SEC's EDGAR filing system limits the number of transactions that can be reported on a single Form 4.

	/s/ Jamie A. Greenberg, Attorney-in-fact	01/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

Who is the reporting person on the GS Form 4 insider filing?

The reporting person is David A. Viniar, identified as a director of Goldman Sachs Group Inc. (GS) and not as an officer or 10% owner.

What transactions in Goldman Sachs (GS) stock were reported on this Form 4?

The filing reports several open-market sales of Goldman Sachs common stock on January 16, 2026, each coded "S" for a sale of non-derivative securities.

At what prices were the Goldman Sachs (GS) shares sold in this Form 4?

Weighted average sale prices ranged from $968.60 to $975.68 per share, with individual trade prices between $968.14 and $975.88 per share, as detailed in the footnotes.

Were the GS shares sold directly by David A. Viniar?

No. The Form 4 states that the sold shares were held through a limited liability company, so the sales are attributed to that entity rather than to Viniar directly.

What indirect holdings of Goldman Sachs (GS) stock remain after these transactions?

The Form 4 shows 100,000 shares indirectly held following the reported sales through the limited liability company, plus 72,693 shares held through trusts for family members.

Does David A. Viniar claim beneficial ownership of the GS shares held in trusts?

No. The filing explains that the 72,693 shares are held in trusts for which his spouse is sole trustee and immediate family members are beneficiaries, and it states that Viniar disclaims beneficial ownership of these shares.

Is this the only Form 4 filed for these GS stock transactions?

No. The remarks explain this is the second of two Forms 4 relating to the same events, because the number of transactions exceeded the SEC EDGAR system’s limit for a single filing.