Form 4: Goldman Sachs Director Jan E. Tighe Reports Acquisition of Restricted Stock Units

Director Jan E. Tighe reports acquisition of 24 Restricted Stock Units (RSUs) related to board service at Goldman Sachs Bank USA.

Summary

• Jan E. Tighe, a director of Goldman Sachs Group Inc., filed a Form 4 on October 18, 2024, reporting a transaction.
• The transaction involved the acquisition of 24 Restricted Stock Units (RSUs) on October 16, 2024.
• These RSUs were granted as part of the director's third quarter 2024 annual retainer for service on the Board of Directors of Goldman Sachs Bank USA (GS Bank).
• The underlying shares of Goldman Sachs' common stock will be delivered approximately 90 days after Tighe's retirement from the GS Bank Board.
• Following the reported transaction, Tighe directly owns 4,652 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a standard compensation practice for a board member. There are no indications of negative news or concerns.

Future Outlook

The shares of Goldman Sachs' common stock underlying the RSUs will be delivered approximately 90 days after the retirement of the Reporting Person from the GS Bank Board of Directors.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. This filing indicates a routine compensation grant in the form of RSUs.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders as it involves a small number of shares relative to the company's overall market capitalization.

Key Dates