Form 4: Jan E Tighe Receives Restricted Stock Units for Goldman Sachs Bank USA Board Service

Director Jan E Tighe received 32 Restricted Stock Units (RSUs) from Goldman Sachs Group Inc. for service on the Board of Directors of Goldman Sachs Bank USA.

Summary

• On April 16, 2024, Jan E Tighe, a director of Goldman Sachs Group Inc., was granted 32 Restricted Stock Units (RSUs).
• These RSUs were awarded as the first 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 Tighe's retirement from the GS Bank Board of Directors.
• Following the transaction, Tighe directly owns 4,603 shares.

Sentiment

Score: 7

Explanation: The document reflects a standard compensation practice, indicating stability and alignment of interests between the director and the company. It's a neutral to slightly positive event.

Positives

• The grant of RSUs indicates continued confidence in Tighe's contributions as a director.
• Tighe's continued service on the GS Bank Board is a positive sign for the bank's governance.

Future Outlook

The shares underlying the RSUs will be delivered approximately 90 days after the retirement of the Reporting Person from the GS Bank Board of Directors.

Industry Context

This Form 4 filing is a routine disclosure of equity compensation to a director, which is a common practice in publicly traded companies. It reflects standard corporate governance practices related to director compensation.

Stakeholder Impact

• The grant of RSUs aligns the director's interests with those of the shareholders, as the value of the RSUs is tied to the company's stock performance.

Key Dates