Director John B. Hess gets 28 RSUs at Goldman Sachs (NYSE: GS)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HESS JOHN B reported acquisition or exercise transactions in this Form 4 filing.
Goldman Sachs Group Inc. director John B. Hess received a grant of 28 Restricted Stock Units as part of his first quarter 2026 annual retainer for board service. Following this award, he holds 870 RSUs directly. The underlying common shares will be delivered about 90 days after he retires from the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HESS JOHN B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 28 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 870 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 28 units
RSUs held after grant: 870 units
Settlement timing: 90 days
3 metrics
RSUs granted
28 units
First quarter 2026 annual board retainer
RSUs held after grant
870 units
Total Restricted Stock Units following transaction
Settlement timing
90 days
Approximate period after retirement from Board of Directors
Key Terms
Restricted Stock Units, Annual Retainer, Board of Directors
3 terms
Restricted Stock Units financial
"Represents Restricted Stock Units ("RSUs") granted for the Reporting Person's first quarter 2026 Annual Retainer."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Annual Retainer financial
"RSUs granted for the Reporting Person's first quarter 2026 Annual Retainer."
Board of Directors financial
"after the retirement of the Reporting Person from the Issuer's Board of Directors."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What did Goldman Sachs (GS) director John B. Hess report in this Form 4?
John B. Hess reported receiving 28 Restricted Stock Units as compensation for his first quarter 2026 annual board retainer. These RSUs are a form of deferred equity that convert into Goldman Sachs common stock upon settlement after his eventual retirement from the board.
How many Goldman Sachs (GS) Restricted Stock Units does John B. Hess hold after this grant?
After the grant, John B. Hess holds a total of 870 Restricted Stock Units. This figure reflects his direct derivative holdings in Goldman Sachs equity-based awards as reported in the Form 4, combining existing RSUs with the newly awarded 28-unit grant.
What is the purpose of the 28 RSU award to John B. Hess at Goldman Sachs (GS)?
The 28 Restricted Stock Units were granted as part of John B. Hess’s first quarter 2026 annual retainer for serving on the Goldman Sachs Board of Directors. This represents standard equity-based compensation rather than an open-market purchase or sale of existing shares.
Is John B. Hess buying or selling Goldman Sachs (GS) stock in this Form 4?
John B. Hess is not buying or selling shares on the open market in this filing. He is receiving 28 Restricted Stock Units as a grant of equity compensation, which will later settle into Goldman Sachs common stock after his retirement from the board.