Form 4: Jan E Tighe Reports Acquisition of Restricted Stock Units in Goldman Sachs Group Inc
SEC Form 4 Filing
Director Jan E Tighe acquired 25 Restricted Stock Units (RSUs) in Goldman Sachs Group Inc. on July 16, 2024, as part of their second quarter 2024 annual retainer for service on the Board of Directors of Goldman Sachs Bank USA.
Summary
- On July 16, 2024, Jan E Tighe, a director of Goldman Sachs Group Inc., acquired 25 Restricted Stock Units (RSUs).
- These RSUs were granted as part of the second quarter 2024 annual retainer for service on the Board of Directors of Goldman Sachs Bank USA.
- 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 reported transaction, Tighe beneficially owns 4,628 shares of Goldman Sachs Group Inc.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive as it reflects standard compensation practices and alignment of interests between the director and the company.
Positives
- The acquisition of RSUs indicates continued alignment of the director's interests with the company's performance.
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
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Stakeholder Impact
- The acquisition of RSUs by a director can positively influence shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 07/16/2024 | Date of transaction: Jan E Tighe acquired 25 Restricted Stock Units. |
| 07/18/2024 | Date of report filing. |
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