Form 4: Goldman Sachs Executive Kathryn Ruemmler Reports Stock Transactions

Kathryn Ruemmler, Chief Legal Officer of Goldman Sachs, reports the acquisition and disposal of company stock related to performance-based restricted stock units.

Summary

• Kathryn H. Ruemmler, Chief Legal Officer of Goldman Sachs, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• On April 30, 2025, Ruemmler acquired 41,462 shares of common stock upon the vesting of performance-based restricted stock units (PSUs) granted on January 19, 2022, as part of her 2021 year-end compensation.
• Simultaneously, 22,929 shares were withheld to cover withholding tax obligations at a price of $548.92 per share.
• Following these transactions, Ruemmler directly owns 28,122 shares of Goldman Sachs common stock.
• The shares acquired from the PSUs generally cannot be sold or transferred before January 2026.

Sentiment

Score: 6

Explanation: The document is neutral in sentiment. It reports routine transactions related to executive compensation. The vesting of PSUs suggests performance targets were met, which is mildly positive.

Positives

• The vesting of performance-based restricted stock units indicates that performance targets were likely met, which is a positive signal.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted equity compensation.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect the normal course of executive compensation.

Key Dates

Keywords

Form 4, Beneficial Ownership, Kathryn Ruemmler, Goldman Sachs, GS, Performance-based Restricted Stock Units, PSUs, Stock Options, Chief Legal Officer, SEC