Form 4: Goldman Sachs Director Thomas K. Montag Transfers Shares to Spouse

Goldman Sachs director Thomas K. Montag transferred 8,980 shares of common stock to his spouse on December 24, 2024.

Summary

• On December 24, 2024, Thomas K. Montag, a director at Goldman Sachs, transferred 8,980 shares of Goldman Sachs common stock to his spouse.
• The transfer was executed at a price of $582.79 per share.
• Following the transaction, Mr. Montag directly owns 105,320 shares of Goldman Sachs common stock.
• Mr. Montag also indirectly owns 11,430 shares through his spouse and 59,966 shares through a trust where his spouse is the sole trustee and his immediate family members are the beneficiaries.
• Mr. Montag disclaims beneficial ownership of the shares held through the trust.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock transfer, which is neither positive nor negative from an investment perspective.

Industry Context

This is a routine filing related to changes in beneficial ownership by a company director, which is common in the financial industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders at publicly traded companies like Goldman Sachs.
• The transaction is a common type of transfer between spouses and is not unusual for directors of large financial institutions.
• The reporting of indirect ownership through trusts and spouses is also standard practice.

Related Party Transactions

• The transfer of shares to Mr. Montag's spouse is a related party transaction.

Stakeholder Impact

• The transaction has minimal impact on shareholders as it is a transfer of shares between related parties and does not change the total number of outstanding shares.

Key Dates

Keywords

Goldman Sachs, Thomas K. Montag, stock transfer, beneficial ownership, director, Form 4, securities