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Goldman Sachs (GS) CRO Golten receives RSU shares and covers taxes

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

Rhea-AI Filing Summary

Goldman Sachs Group Inc. chief risk officer Alex S. Golten reported routine equity compensation activity. On January 23, 2026, 5,482 shares of Goldman Sachs common stock were delivered to him upon the vesting and settlement of previously granted restricted stock units awarded in connection with compensation prior to 2025, with no cash payment required. To cover withholding obligations tied to this delivery, 2,904 shares were withheld at a value of $954.65 per share. After these transactions, Golten directly holds 6,009 shares of Goldman Sachs common stock and has 1,092 shares reported as indirectly held through family trusts, for which he disclaims beneficial ownership.

Positive

  • None.

Negative

  • None.
Insider GOLTEN ALEX S
Role CHIEF RISK OFFICER
Type Security Shares Price Value
Exercise Restricted Stock Units 5,482 $0.00 --
Exercise Common Stock, par value $0.01 per share 5,482 $0.00 --
Tax Withholding Common Stock, par value $0.01 per share 2,904 $954.65 $2.77M
holding Common Stock, par value $0.01 per share -- -- --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock, par value $0.01 per share — 8,913 shares (Direct); Common Stock, par value $0.01 per share — 1,092 shares (Indirect, See footnote)
Footnotes (1)
  1. On January 23, 2026, shares of the Issuer's common stock underlying Restricted Stock Units ("RSUs") that had been awarded in connection with compensation prior to 2025 were delivered to the Reporting Person without the payment of any consideration. These shares are not related to 2025 compensation. Represents shares of the Issuer's common stock withheld to satisfy withholding obligations in connection with the delivery of the common stock underlying the RSUs described in footnote 1 above. 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 →
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*
GOLTEN ALEX S
(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)
CHIEF RISK OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
01/23/2026
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 01/23/2026 M 5,482 A (1) 8,913 D
Common Stock, par value $0.01 per share 01/23/2026 F(2) 2,904 D(2) $954.65 6,009 D
Common Stock, par value $0.01 per share 1,092 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 01/23/2026 M 5,482 (1) (1) Common Stock, par value $0.01 per share 5,482 (1) 0 D
Explanation of Responses:
1. On January 23, 2026, shares of the Issuer's common stock underlying Restricted Stock Units ("RSUs") that had been awarded in connection with compensation prior to 2025 were delivered to the Reporting Person without the payment of any consideration. These shares are not related to 2025 compensation.
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 RSUs described in footnote 1 above.
3. 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:
/s/ Jamie A. Greenberg, Attorney-in-fact 01/27/2026
** 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

What insider transaction did GS chief risk officer Alex S. Golten report on this Form 4?

Alex S. Golten reported the delivery of 5,482 shares of Goldman Sachs common stock on January 23, 2026 upon settlement of previously granted restricted stock units awarded in connection with compensation prior to 2025.

Were any Goldman Sachs (GS) shares sold by Alex S. Golten in the open market?

The filing shows 2,904 shares of Goldman Sachs common stock were withheld to satisfy tax withholding obligations related to the RSU share delivery at $954.65 per share, rather than an open market sale.

How many Goldman Sachs (GS) shares does Alex S. Golten own after the reported transactions?

Following the reported transactions, Alex S. Golten directly owns 6,009 shares of Goldman Sachs common stock.

What are the indirectly held Goldman Sachs (GS) shares mentioned in the Form 4?

The Form 4 reports 1,092 shares of Goldman Sachs common stock held indirectly through trusts whose sole trustee is his spouse and whose beneficiaries are immediate family members; Golten disclaims beneficial ownership of these shares.

What derivative security is disclosed in Alex S. Golten’s Goldman Sachs (GS) Form 4?

The filing lists restricted stock units as a derivative security. On January 23, 2026, 5,482 RSUs were converted into an equal number of common shares, leaving 0 RSUs beneficially owned afterward.