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

Director Peter Oppenheimer reports the acquisition of 107 Restricted Stock Units (RSUs) in Goldman Sachs Group Inc. related to board service fees.

Summary

• Peter Oppenheimer, a director of Goldman Sachs Group Inc., filed a Form 4 with the SEC.
• The filing reports the acquisition of 107 Restricted Stock Units (RSUs) on October 16, 2024.
• These RSUs were granted as compensation for Oppenheimer's service on the Issuer's Board of Directors and Goldman Sachs Bank USA Board of Directors.
• The shares of Goldman Sachs common stock underlying these RSUs will be delivered approximately 90 days after Oppenheimer's retirement from the respective boards.
• Following the reported transaction, Oppenheimer beneficially owns 5,878 derivative securities directly.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and alignment of interests. There are no indications of negative events or concerns.

Positives

• The acquisition of RSUs reflects 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 director's retirement from the board.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director compensation with company performance.

Key Dates