Form 4: Goldman Sachs Director Kevin R. Johnson Reports Acquisition of Restricted Stock Units

Director Kevin R. Johnson reports the acquisition of restricted stock units related to his service on the board of directors.

Summary

• Kevin R. Johnson, a director of Goldman Sachs Group Inc., filed a Form 4 on October 18, 2024, reporting a transaction.
• The transaction involved the acquisition of 72 Restricted Stock Units (RSUs) on October 16, 2024.
• These RSUs were granted for Johnson's third quarter 2024 annual retainer for service on the Issuer's Board of Directors and third quarter 2024 Annual Retainer for service on the Board of Directors of Goldman Sachs Bank USA ('GS Bank').
• The shares of Goldman Sachs common stock underlying these RSUs will be delivered approximately 90 days after Johnson's retirement from either the Goldman Sachs Board or the GS Bank Board.
• Following the reported transaction, Johnson beneficially owns 1,832 shares directly.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it's a routine disclosure of director compensation. There are no indications of positive or negative events.

Future Outlook

The shares of Goldman Sachs common stock underlying these RSUs will be delivered approximately 90 days after the retirement of the Reporting Person from the Issuer's Board of Directors or GS Bank Board of Directors, as applicable.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Key Dates