Form 4: Goldman Sachs CRO Alex Golten Acquires Shares

Goldman Sachs Chief Risk Officer Alex Golten acquired 5,482 shares of common stock from vested Restricted Stock Units, with 2,904 shares withheld for tax obligations.

Summary

• Alex S. Golten, Chief Risk Officer of Goldman Sachs Group Inc., acquired 5,482 shares of common stock on January 23, 2026.
• These shares were delivered from vested Restricted Stock Units (RSUs) awarded prior to 2025 and are not related to 2025 compensation.
• Concurrently, 2,904 shares were disposed of at a price of $954.65 per share to satisfy tax withholding obligations related to the RSU vesting.
• Following these transactions, Golten directly beneficially owns 6,009 shares of common stock.
• An additional 1,092 shares are held indirectly through trusts, for which Golten disclaims beneficial ownership.

Sentiment

Score: 7

Explanation: The filing reports a routine executive compensation event where shares were acquired through RSU vesting, demonstrating continued executive equity ownership. The associated tax withholding is standard practice. No unexpected positive or negative news is present.

Positives

• Chief Risk Officer Alex Golten acquired 5,482 shares of Goldman Sachs common stock, indicating continued equity ownership by a key executive.
• The acquisition stems from the vesting of previously awarded Restricted Stock Units, representing a realization of long-term incentive compensation.

Negatives

• 2,904 shares were disposed of to cover tax withholding obligations, reducing the net number of shares acquired by the executive.

Future Outlook

NA

Industry Context

This Form 4 filing details a routine executive compensation event for a senior officer at a major global financial institution. Such transactions are common across the banking sector as part of long-term incentive plans designed to align executive interests with shareholder value.

Related Party Transactions

• 1,092 shares are held indirectly through trusts where the Reporting Person's spouse is the sole trustee and immediate family members are the sole beneficiaries. The Reporting Person disclaims beneficial ownership of these shares.

Stakeholder Impact

• Shareholders: The acquisition of shares by a key executive through RSU vesting generally signals alignment of interests between management and shareholders, as the executive's wealth is tied to the company's stock performance. The tax-related sale is a standard part of this process and does not indicate a lack of confidence.

Key Dates

Recommendation

This Form 4 filing details a routine, pre-scheduled executive compensation event involving the vesting of Restricted Stock Units and subsequent tax withholding. It does not provide new information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. The transaction is an expected part of executive compensation and does not signal any material shift in the company's outlook or the executive's confidence.

Keywords

Goldman Sachs, GS, Alex Golten, Chief Risk Officer, CRO, SEC Form 4, Insider Trading, Restricted Stock Units, RSU, Stock Vesting, Executive Compensation, Share Acquisition, Tax Withholding