Goldman Sachs Group Inc Chief Financial Officer Denis P. Coleman filed a Form 4 on October 27, 2026, reporting the delivery of 36,633 shares of common stock on October 23, 2026, from a performance-based Shareholder Value Creation Award originally granted in January 2022.

Key Highlights

  • Shares delivered: 36,633 shares of Goldman Sachs common stock (par value $0.01 per share) were delivered to Coleman on October 23, 2026, at no cost to him.
  • Maximum performance achievement: According to the filing, the delivery reflects 150% achievement of pre-established absolute and relative total shareholder return-based performance goals.
  • Shares withheld for taxes: 20,259 shares were withheld to satisfy withholding obligations at a price of $891.3 per share.
  • Post-transaction direct holdings: Following the transactions, Coleman directly held 47,444 shares of common stock.
  • Transfer restriction: The filing states the delivered shares "generally cannot be sold or transferred before October 2027."
  • Indirect holdings: Coleman also holds 4,232 shares indirectly through trusts whose sole beneficiaries are immediate family members; he disclaims beneficial ownership of those shares.

Coleman's 2022 SVC Award Vests at Maximum Level for Goldman Sachs CFO

Goldman Sachs Group Inc (NYSE:GS) Chief Financial Officer Denis P. Coleman reported two transactions in Table I of his Form 4 filing, both dated October 23, 2026. The first was a code "M" transaction, reflecting the conversion of performance-based restricted stock units into 36,633 shares of common stock delivered without payment of any consideration. The award was originally granted in January 2022 as a Shareholder Value Creation Award ("SVC Award") structured as performance-based restricted stock units.

According to the filing, the delivery reflects the maximum achievement level of 150% against pre-established absolute and relative total shareholder return-based performance goals set forth in the SVC Award. The delivered shares carry a lock-up restriction, as the filing states they "generally cannot be sold or transferred before October 2027." Simultaneously, a code "F" transaction recorded the withholding of 20,259 shares at $891.3 per share to cover tax withholding obligations connected to the delivery.

After both transactions, Coleman's direct beneficial ownership stood at 47,444 shares of common stock. In addition, the filing reports 4,232 shares held indirectly through trusts whose sole beneficiaries are immediate family members of Coleman; the filing notes that Coleman "disclaims beneficial ownership of these shares." The Form 4 was signed by Jamie A. Greenberg as attorney-in-fact on October 27, 2026. The derivative securities table shows the performance-based restricted stock units now carry a remaining balance of 0 following the conversion.

What Was Disclosed

The filing discloses the October 23, 2026 delivery of 36,633 shares to Goldman Sachs CFO Denis P. Coleman from a January 2022 SVC Award vested at 150% of target, along with the withholding of 20,259 shares at $891.3 each for tax purposes, leaving Coleman with 47,444 directly held shares.