Form 4: Peter Oppenheimer Reports Acquisition of Goldman Sachs Restricted Stock Units

Director Peter Oppenheimer acquired 142 Restricted Stock Units (RSUs) of Goldman Sachs Group Inc. on April 16, 2024, as part of his director compensation.

Summary

• Peter Oppenheimer, a director of Goldman Sachs Group Inc., filed a Form 4 on April 18, 2024, reporting a transaction.
• On April 16, 2024, Oppenheimer acquired 142 Restricted Stock Units (RSUs) as part of his compensation for serving on the Issuer's Board of Directors and the Board of Directors of Goldman Sachs Bank USA.
• These RSUs represent the first quarter 2024 Annual Retainer and Committee Chair Fee for service on the Issuer's Board of Directors and first 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 Oppenheimer's retirement from either board.
• Following the reported transaction, Oppenheimer directly owns 5,658 securities.
• The price of the derivative security is $0.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to director compensation, indicating a neutral sentiment.

Positives

• The acquisition of RSUs reflects ongoing compensation for Oppenheimer's role as a director.

Future Outlook

The shares of Goldman Sachs common stock underlying these RSUs will be delivered approximately 90 days after the retirement of the Reporting Person from the Issuer's Board of Directors or GS Bank Board of Directors, as applicable.

Industry Context

Form 4 filings are standard practice for corporate insiders and directors, providing transparency into their transactions in company stock. This filing indicates ongoing director compensation in the form of RSUs.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director compensation.

Key Dates