What are Denis P. Coleman’s direct Goldman Sachs (GS) share holdings after the Form 4?

After the reported transactions, Denis P. Coleman directly holds 37,927 shares of Goldman Sachs common stock. This figure reflects the PSU share delivery and the shares withheld to cover associated tax liabilities on April 28, 2026.

Goldman Sachs (NYSE: GS) CFO nets shares after PSU vest

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Goldman Sachs Group Inc. Chief Financial Officer Denis P. Coleman reported routine equity compensation activity involving performance-based restricted stock units. On April 28, 2026, 19,206 shares of common stock underlying PSUs granted in January 2023 were delivered to him without any cash payment, and these shares generally cannot be sold or transferred before January 2027.

To cover tax withholding obligations tied to this delivery, 10,621 shares of common stock were withheld, a non-market disposition that does not represent an open-market sale. After these transactions, Coleman directly holds 37,927 shares of Goldman Sachs common stock. An additional 4,232 shares are held through trusts whose sole beneficiaries are his immediate family members, and he disclaims beneficial ownership of those trust-held shares.

Insider Trade Summary

19,206 shares exercised/converted

Mixed 4 txns

Insider COLEMAN DENIS P.

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Performance-based Restricted Stock Units	19,206	$0.00	--
Exercise	Common Stock, par value $0.01 per share	19,206	$0.00	--
Tax Withholding	Common Stock, par value $0.01 per share	10,621	$937.81	$9.96M
holding	Common Stock, par value $0.01 per share	--	--	--

Holdings After Transaction: Performance-based Restricted Stock Units — 0 shares (Direct, null); Common Stock, par value $0.01 per share — 48,548 shares (Direct, null); Common Stock, par value $0.01 per share — 4,232 shares (Indirect, See footnote)

Footnotes (1)

On April 28, 2026, shares of the Issuer's common stock underlying an award of Performance-based Restricted Stock Units ("PSUs") granted on January 26, 2023 in connection with 2022 year-end compensation were delivered to the Reporting Person without the payment of any consideration. These shares generally cannot be sold or transferred before January 2027. Represents shares of the Issuer's common stock withheld to satisfy withholding obligations in connection with the delivery of the common stock underlying the PSUs described in footnote 1 above. Held through trusts, the sole beneficiaries of which are immediate family members of the Reporting Person. The Reporting Person disclaims beneficial ownership of these shares.

Key Figures

PSU shares delivered: 19,206 shares Shares withheld for taxes: 10,621 shares Direct holdings after transactions: 37,927 shares +2 more

5 metrics

PSU shares delivered 19,206 shares Common stock from performance-based RSUs delivered on April 28, 2026

Shares withheld for taxes 10,621 shares Withheld to satisfy tax obligations on PSU share delivery

Direct holdings after transactions 37,927 shares Goldman Sachs common stock directly held by CFO after April 28, 2026

Indirect trust holdings 4,232 shares Shares held through trusts for immediate family; beneficial ownership disclaimed

Tax withholding reference price $937.81 per share Price used for 10,621-share tax-withholding disposition

Key Terms

Performance-based Restricted Stock Units, withheld to satisfy withholding obligations, disclaims beneficial ownership

3 terms

Performance-based Restricted Stock Units financial

"shares of the Issuer's common stock underlying an award of Performance-based Restricted Stock Units ("PSUs") granted on January 26, 2023"

Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.

withheld to satisfy withholding obligations financial

"Represents shares of the Issuer's common stock withheld to satisfy withholding obligations in connection with the delivery"

disclaims beneficial ownership financial

"Held through trusts, 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 →

04/30/2026 - 04:04 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^*

COLEMAN DENIS P.

(Last)

(First)

(Middle)

C/O GOLDMAN SACHS & CO. LLC

200 WEST STREET

(Street)

NEW YORK

10282

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026

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

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

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

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	04/28/2026		M		19,206⁽¹⁾	A	⁽¹⁾	48,548	D
Common Stock, par value $0.01 per share	04/28/2026		F⁽²⁾		10,621	D⁽²⁾	$937.81	37,927	D
Common Stock, par value $0.01 per share								4,232	I	See footnote⁽³⁾

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)
Performance-based Restricted Stock Units	⁽¹⁾	04/28/2026		M			19,206	⁽¹⁾	⁽¹⁾	Common Stock, par value $0.01 per share	19,206	⁽¹⁾	0	D

Explanation of Responses:

1. On April 28, 2026, shares of the Issuer's common stock underlying an award of Performance-based Restricted Stock Units ("PSUs") granted on January 26, 2023 in connection with 2022 year-end compensation were delivered to the Reporting Person without the payment of any consideration. These shares generally cannot be sold or transferred before January 2027.

2. Represents shares of the Issuer's common stock withheld to satisfy withholding obligations in connection with the delivery of the common stock underlying the PSUs described in footnote 1 above.

3. Held through trusts, the sole beneficiaries of which are immediate family members of the Reporting Person. The Reporting Person disclaims beneficial ownership of these shares.

Remarks:

	/s/ Jamie A. Greenberg, Attorney-in-fact	04/30/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Goldman Sachs (GS) CFO Denis P. Coleman report in this Form 4 filing?

Denis P. Coleman reported the delivery of 19,206 Goldman Sachs common shares from previously granted performance-based restricted stock units, plus related tax-withholding activity, and updated his direct and indirect share holdings in the company’s stock.

How many Goldman Sachs (GS) shares vested for the CFO in this transaction?

19,206 shares of Goldman Sachs common stock vested for the CFO when performance-based restricted stock units granted in January 2023 were delivered on April 28, 2026, without any cash consideration required from him.

Were any Goldman Sachs (GS) shares sold on the open market by the CFO?

No open-market sales are shown. Instead, 10,621 Goldman Sachs shares were withheld to satisfy tax obligations related to the PSU share delivery, a standard tax-withholding disposition rather than a discretionary market sale.

How are the trust-held Goldman Sachs (GS) shares treated in this Form 4?

The filing notes 4,232 Goldman Sachs shares are held through trusts benefiting the CFO’s immediate family members. He disclaims beneficial ownership of these trust-held shares, meaning they are reported but not treated as his personal economic stake.

Can the newly delivered Goldman Sachs (GS) PSU shares be sold immediately?

The filing states that the shares delivered from the performance-based restricted stock units generally cannot be sold or transferred before January 2027, creating a holding period on the newly delivered 19,206 Goldman Sachs common shares.