John E. Waldron, President and COO of Goldman Sachs Group Inc, filed a Form 4 on October 27, 2026, reporting the delivery of 73,265 shares of common stock on October 23, 2026, stemming from a performance-based Shareholder Value Creation Award originally granted in October 2021.

Key Highlights

  • SVC Award delivery: 73,265 shares of Goldman Sachs common stock were delivered to Waldron on October 23, 2026, without payment of any consideration, according to the filing.
  • Maximum performance achieved: The delivery reflects 150% achievement of pre-established absolute and relative total shareholder return-based performance goals set forth in the SVC Award, the filing states.
  • Original grant date: The Shareholder Value Creation Award was originally granted in October 2021 in the form of performance-based restricted stock units.
  • Shares withheld for taxes: 40,516 shares were withheld at $891.3 per share to satisfy tax withholding obligations connected to the delivery.
  • Lock-up restriction: According to the filing, the delivered shares "generally cannot be sold or transferred before October 2027."
  • Resulting ownership: Following these transactions, Waldron directly beneficially owned 151,285 shares of common stock.

Waldron's 2021 SVC Award Vests at Maximum Level in October 2026

According to the Form 4 filed with the SEC, John E. Waldron, who serves as President and Chief Operating Officer of Goldman Sachs Group Inc (NYSE:GS), received 73,265 shares of the company's common stock, par value $0.01 per share, on October 23, 2026. The filing indicates the shares were delivered pursuant to a Shareholder Value Creation Award granted in October 2021, structured as performance-based restricted stock units, and that no consideration was paid by Waldron to receive them.

The filing explains that the delivery reflects the maximum achievement level of 150% of pre-established absolute and relative total shareholder return-based performance goals embedded in the SVC Award. The performance-based restricted stock units shown in Table II were reduced to zero following the delivery, reflecting full vesting of that derivative security position. The filing also notes that the delivered shares are subject to a transfer restriction and "generally cannot be sold or transferred before October 2027."

In connection with the share delivery, the filing reports that 40,516 shares were withheld under transaction code F at a price of $891.3 per share to cover tax withholding obligations. After both the acquisition of 73,265 shares and the withholding of 40,516 shares, Waldron's direct beneficial ownership of Goldman Sachs common stock stood at 151,285 shares, per the filing. The Form 4 was signed by Jamie A. Greenberg as attorney-in-fact and filed on October 27, 2026.

What Was Disclosed

The filing disclosed the October 23, 2026, delivery of 73,265 Goldman Sachs shares to President and COO John E. Waldron from a 2021 performance-based SVC Award at maximum vesting, alongside the withholding of 40,516 shares at $891.3 each for tax purposes, leaving Waldron with direct ownership of 151,285 shares.