Form 4: Goldman Sachs Director Mark A. Flaherty Receives Restricted Stock Units

Director Mark A. Flaherty of Goldman Sachs Group Inc. was granted 570 restricted stock units as part of his 2024 annual grant.

Summary

• Mark A. Flaherty, a director at Goldman Sachs Group Inc., received 570 restricted stock units (RSUs) on January 16, 2025.
• These RSUs are part of his 2024 annual grant.
• The shares of Goldman Sachs common stock underlying these RSUs will be delivered approximately 90 days after Mr. Flaherty's retirement from the Board of Directors.
• The price of the RSUs is $0.

Sentiment

Score: 7

Explanation: The document reflects a routine compensation event, which is generally neutral to positive. The grant of RSUs is a standard practice and does not indicate any significant positive or negative sentiment.

Future Outlook

The shares underlying the RSUs will be delivered approximately 90 days after the director's retirement from the board.

Industry Context

The granting of restricted stock units is a common practice for compensating directors and executives in the financial industry.

Comparison to Industry Standards

• Granting restricted stock units is a standard practice for compensating board members across the financial industry.
• Companies like JP Morgan Chase, Morgan Stanley, and Bank of America also use similar equity-based compensation for their directors.
• The specific number of units and vesting schedules can vary based on company performance and individual agreements.

Stakeholder Impact

• The granting of RSUs to a director is a standard practice and has a minor positive impact on the director's compensation.
• The impact on shareholders is minimal as this is a routine compensation event.

Next Steps

• The shares underlying the RSUs will be delivered approximately 90 days after Mr. Flaherty's retirement from the Board of Directors.

Key Dates

Keywords

Restricted Stock Units, RSU, Director, Goldman Sachs, Equity Compensation, Form 4, Beneficial Ownership