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

Director Kevin R. Johnson reports acquisition of Restricted Stock Units (RSUs) from Goldman Sachs Group Inc.

Summary

• Kevin R. Johnson, a director at Goldman Sachs Group Inc., filed a Form 4 with the SEC.
• The report details the acquisition of 75 Restricted Stock Units (RSUs) on July 16, 2024.
• These RSUs are related to his service on the Issuer's Board of Directors and the Board of Directors of Goldman Sachs Bank USA.
• The common stock underlying these RSUs will be delivered approximately 90 days after his retirement from either board.
• Following the transaction, Johnson directly owns 1,760 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices for board members, aligning their interests with the company's performance.

Positives

• The acquisition of RSUs indicates continued alignment of the director's interests with the company's long-term performance.

Future Outlook

The common stock underlying the 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 routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The acquisition of RSUs by a director can reassure shareholders that management's interests are aligned with theirs.

Key Dates