Form 4: Goldman Sachs CEO David Solomon Sells 6,550 Shares

Goldman Sachs CEO David Solomon sold 6,550 shares of company stock at an average price of $610.91 per share on November 29, 2024.

Summary

• David Solomon, the Chairman of the Board and CEO of Goldman Sachs, sold 6,550 shares of common stock on November 29, 2024.
• The shares were sold at a weighted average price of $610.91 per share, with individual prices ranging from $610.385 to $611.29.
• Following the transaction, Mr. Solomon directly owns 117,883 shares of Goldman Sachs stock.
• He also indirectly owns 16,171 shares through a family trust, for which he disclaims beneficial ownership.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by an executive, with no inherent positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity. It is common for executives to sell shares for personal financial management.

Comparison to Industry Standards

• Executive stock sales are a common occurrence in publicly traded companies.
• The sale by David Solomon is within the normal range of executive transactions.
• Similar filings are made by executives at other major financial institutions such as JP Morgan Chase and Morgan Stanley.

Stakeholder Impact

• The stock sale may have a minor impact on the share price, but is unlikely to be significant.

Key Dates

Keywords

Goldman Sachs, David Solomon, stock sale, insider trading, executive transaction, share sale