HESS JOHN B 4
Research Summary
AI-generated summary
Goldman Sachs (GS) Director John B. Hess Receives RSU Award
What Happened
John B. Hess, a director of Goldman Sachs Group, was granted 28 restricted stock units (RSUs) on April 14, 2026. The award is reported at $0.00 per share (no cash paid) and is recorded as a derivative grant. The RSUs represent compensation (annual retainer) rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-14; filing date: 2026-04-16 (timely filing).
- Grant: 28 RSUs @ $0.00 (derivative award).
- Shares owned after transaction: not specified in this report.
- Footnote: These RSUs were granted as Hess’s Q1 2026 annual retainer; the underlying common shares will be delivered approximately 90 days after the Reporting Person’s retirement from the Board.
- Transaction code: A (award/grant).
Context
RSU grants to directors are routine compensation and do not by themselves indicate a buy or sell signal. Because these are restricted units that convert to shares only after specified conditions (here, delivery after retirement), they are not immediately tradable stock.