Goldman Sachs CEO David Solomon Discloses $10.9M Share Sale After Major RSU Vesting

Executive Summary

On October 27, 2026, Goldman Sachs Group Inc (NYSE: GS) Chairman and CEO David M. Solomon filed a Form 4 detailing significant transaction activity comprising a major performance share award settlement, statutory tax withholding, and subsequent open-market stock sales totaling approximately $10.93 million.

Transaction Breakdown

1. Performance Unit Settlement (October 23, 2026):

   • Award: 109,896 shares acquired via the settlement of a Shareholder Value Creation Award (granted October 2021) at maximum (150%) performance attainment.
   • Tax Withholding (Code F): 60,773 shares withheld at $891.30 per share ($54,166,975 total value) to satisfy tax withholding requirements.

2. Open-Market Sales (October 27, 2026):

   • Sold 9,181 shares at a weighted average price of $910.46 (range: $910.04 to $911.03).
   • Sold 2,382 shares at a weighted average price of $911.49 (range: $911.04 to $912.00).
   • Sold 437 shares at a weighted average price of $912.11 (range: $912.06 to $912.18).
   • Total Sold: 12,000 shares generating gross proceeds of $10,928,694.51.

Post-Transaction Holdings

Following the transactions, David Solomon directly holds 159,180 shares of Goldman Sachs common stock. He additionally retains indirect beneficial ownership of 31,376 shares held across family trusts and a grantor retained annuity trust (GRAT).