Kullman Ellen Jamison 4

What Happened Ellen Jamison Kullman, a director of Goldman Sachs Group Inc. (GS), received an award of 364 restricted stock units (RSUs) on January 16, 2026. The Form 4 reports the grant as 364 shares at $0.00 (derivative award). These RSUs represent a grant (compensation), not a market purchase or sale.

Key Details

• Transaction date: 2026-01-16; Form 4 filed: 2026-01-21 (filed one business day after the usual 2-business-day reporting window).
• Transaction type/code: A = Award/Grant; 364 RSUs granted @ $0.00 (derivative).
• Shares owned after transaction: Not specified in the filing.
• Footnote: The RSUs are the Reporting Person's 2025 Annual Grant; shares underlying these RSUs will be delivered approximately 90 days after the Reporting Person retires from the Issuer's Board of Directors.
• Filing timeliness: This Form 4 was filed after the typical 2-business-day deadline (appears to be late by one business day).

Context RSU grants to non-employee directors are common as part of annual compensation and do not represent an immediate cash investment or open-market signal. These RSUs are a deferred right to receive common stock in the future (here, conditioned on retirement timing), so the reported award does not increase immediate tradable share holdings.