Goldman Sachs (GS) Chief Accounting Officer receives 4,366 RSUs in 2026 grant

Rhea-AI Filing Summary

Goldman Sachs Group Inc. granted equity awards to a senior executive. Chief Accounting Officer Sheara J. Fredman received 4,366 Restricted Stock Units (RSUs) on January 16, 2026. Each RSU represents the right to receive one share of Goldman Sachs common stock.

The common shares underlying these 2025 year-end RSUs will be delivered in three approximately equal installments on or about the first, second and third anniversaries of the grant date, subject to the terms and conditions of the award agreement. Shares delivered under these RSUs generally cannot be sold or transferred for one year after each delivery, creating a multi-year vesting and holding schedule that ties compensation to longer-term company performance.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider FREDMAN SHEARA J

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	4,366	$0.00	--

Holdings After Transaction: Restricted Stock Units — 4,366 shares (Direct)

Footnotes (1)

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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^*

FREDMAN SHEARA J

(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 Accounting Officer

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)
			Code	V	Amount	(A) or (D)	Price

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)	01/16/2026		A		4,366		(1)	(1)	Common Stock, par value $0.01 per share	4,366	$0	4,366	D

Explanation of Responses:

1. Shares of the Issuer's common stock underlying these 2025 Year-End Restricted Stock Units ("RSUs") will be delivered in three approximately equal installments on or about each of the first, second and third anniversaries of the grant date, subject to other terms and conditions of the award agreement. The shares of common stock delivered pursuant to these RSUs generally cannot be sold or transferred for one year following delivery.

Remarks:

	/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.

FAQ

What insider transaction did GS report in this Form 4?

Goldman Sachs Group Inc. reported that Chief Accounting Officer Sheara J. Fredman acquired 4,366 Restricted Stock Units (RSUs) on January 16, 2026.

What type of securities did Sheara J. Fredman receive from GS?

Sheara J. Fredman received 4,366 Restricted Stock Units, each tied to one share of Goldman Sachs common stock with a par value of $0.01 per share.

How do the GS 2025 year-end RSUs for Sheara J. Fredman vest and settle?

The 2025 year-end RSUs will deliver the underlying GS common shares in three approximately equal installments on or about the first, second and third anniversaries of the January 16, 2026 grant date, subject to award agreement terms.

Are there transfer restrictions on the GS shares delivered from these RSUs?

Yes. The filing states that GS common shares delivered pursuant to these RSUs generally cannot be sold or transferred for one year following each delivery.

Is Sheara J. Fredman’s ownership in GS from these RSUs direct or indirect?

The Form 4 identifies the 4,366 RSUs as directly owned by Sheara J. Fredman.

What is the reported price per GS RSU in this Form 4 grant?

The transaction table shows a price per RSU of $0.00, reflecting that this was an equity award grant rather than an open-market purchase.