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Goldman Sachs (NYSE: GS) treasurer logs multi-block insider stock sale

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Goldman Sachs Group Inc. Global Treasurer Halio Carey reported a series of open-market sales of common stock on January 27, 2026. The transactions were executed in multiple blocks at weighted average prices ranging from $921.25 to $932.26 per share, with underlying trade prices between $920.70 and $932.67 per share as detailed in the footnotes.

After these sales, Carey directly beneficially owned 2,017 shares of Goldman Sachs common stock. No derivative securities transactions were reported in this filing.

Positive

  • None.

Negative

  • None.
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*
HALIO CAREY

(Last) (First) (Middle)
C/O GOLDMAN SACHS & CO. LLC
200 WEST STREET

(Street)
NEW YORK NY 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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Global Treasurer
3. Date of Earliest Transaction (Month/Day/Year)
01/27/2026
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)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 per share 01/27/2026 S 157 D $921.25(1) 4,706 D
Common Stock, par value $0.01 per share 01/27/2026 S 112 D $922.37(2) 4,594 D
Common Stock, par value $0.01 per share 01/27/2026 S 216 D $923.62(3) 4,378 D
Common Stock, par value $0.01 per share 01/27/2026 S 235 D $924.52(4) 4,143 D
Common Stock, par value $0.01 per share 01/27/2026 S 171 D $925.71(5) 3,972 D
Common Stock, par value $0.01 per share 01/27/2026 S 193 D $926.84(6) 3,779 D
Common Stock, par value $0.01 per share 01/27/2026 S 728 D $928(7) 3,051 D
Common Stock, par value $0.01 per share 01/27/2026 S 677 D $928.94(8) 2,374 D
Common Stock, par value $0.01 per share 01/27/2026 S 92 D $929.72(9) 2,282 D
Common Stock, par value $0.01 per share 01/27/2026 S 168 D $930.88(10) 2,114 D
Common Stock, par value $0.01 per share 01/27/2026 S 85 D $932.26(11) 2,029 D
Common Stock, par value $0.01 per share 01/27/2026 S 12 D $932.81 2,017 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Reflects a weighted average sale price of $921.25 per share, at prices ranging from $920.70 to $921.68 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. Reflects a weighted average sale price of $922.37 per share, at prices ranging from $921.86 to $922.79 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.
3. Reflects a weighted average sale price of $923.62 per share, at prices ranging from $923.06 to $923.98 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 $924.52 per share, at prices ranging from $924.12 to $924.99 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 $925.71 per share, at prices ranging from $925.17 to $926.15 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 $926.84 per share, at prices ranging from $926.37 to $927.36 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 $928.00 per share, at prices ranging from $927.43 to $928.42 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 $928.94 per share, at prices ranging from $928.44 to $929.42 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 $929.72 per share, at prices ranging from $929.44 to $930.34 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.
10. Reflects a weighted average sale price of $930.88 per share, at prices ranging from $930.62 to $931.26 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.
11. Reflects a weighted average sale price of $932.26 per share, at prices ranging from $931.75 to $932.67 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.
Remarks:
/s/ Jamie A. Greenberg, Attorney-in-fact 01/29/2026
** 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.

FAQ

What insider transaction did GS Global Treasurer Halio Carey report?

Halio Carey reported multiple open-market sales of Goldman Sachs common stock on January 27, 2026. The trades were executed in separate blocks at weighted average prices between $921.25 and $932.26 per share, reducing her directly held position to 2,017 shares.

On what date did the reported GS insider stock sales occur?

All reported insider stock sales occurred on January 27, 2026. Each transaction involved Goldman Sachs common stock sold in separate blocks, with detailed weighted average sale prices and price ranges disclosed in the filing’s transaction table and explanatory footnotes.

What price range did Halio Carey receive for GS shares sold?

The reported sales used weighted average prices from $921.25 to $932.26 per share. Footnotes state that underlying trade prices ranged from $920.70 at the low end to $932.67 at the high end across the separate execution price intervals.

How many Goldman Sachs (GS) shares does Halio Carey hold after the trades?

Following the reported sales, Halio Carey directly beneficially owned 2,017 shares of Goldman Sachs common stock. This post-transaction holding amount is shown in the Form 4 table as the balance after the final sale block on January 27, 2026.

Were any derivative securities involved in this GS Form 4 filing?

No derivative securities transactions were reported in this Form 4. The filing’s Table II, which would list options or other derivatives, contains no entries, indicating only non-derivative common stock sales were disclosed for the January 27, 2026 activity.

Does the GS Form 4 indicate direct or indirect ownership for these shares?

The Form 4 labels all reported transactions as directly owned, using the code “D” in the ownership column. No indirect ownership structures or related entities are referenced in the ownership fields or footnotes for these particular Goldman Sachs share sales.
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