OPPENHEIMER PETER 4

What Happened
Peter Oppenheimer, a director of Goldman Sachs Group Inc. (GS), was granted 50 restricted stock units (RSUs) on 2026-07-15. The Form 4 reports the award as a derivative acquisition (code A) at $0.00 (no cash paid). The RSUs were granted as compensation for his Q2 2026 annual retainer and committee chair fee for service on the Issuer’s Board and the Board of Goldman Sachs Bank USA.

Key Details

• Transaction date: 2026-07-15; Form 4 filed 2026-07-17.
• Grant: 50 RSUs; reported price $0.00 (derivative award).
• Shares underlying these RSUs will be delivered approximately 90 days after the Reporting Person’s retirement from the Issuer’s Board or GS Bank Board, as applicable (per footnote).
• Shares owned after the transaction: not disclosed in this filing.
• Transaction type: Award/Grant (routine director compensation), not an open-market purchase or sale.

Context
RSUs are a deferred-compensation award — they represent a promise to deliver shares later (here, contingent on retirement timing). Such grants are common for board retainers and do not by themselves indicate immediate buying or selling pressure. No late-filing flag was indicated in the filing.