FREDMAN SHEARA J 4

What happened Sheara J. Fredman, Chief Accounting Officer of Goldman Sachs (GS), disposed of 4,863 shares in a series of open‑market sales on January 23, 2026 and also gifted 530 shares the same day. The open‑market sales totaled about $4,492,190 (roughly $923.75 per share on average across the blocks). The gift produced no proceeds.

Key details

• Transaction date: January 23, 2026; Form 4 filed January 27, 2026 (filed within the required reporting window).
• Sales: 4,863 shares sold in multiple blocks at prices ranging roughly from $917.30 to $935.96 per share; total proceeds ≈ $4,492,190.
• Gift: 530 shares transferred as a gift (no proceeds).
• Reported weighted‑average prices: the filing includes footnotes reporting weighted averages for multiple sale blocks (see F1–F16 for per‑block averages and price ranges); the filer offers to provide per‑price breakdowns to SEC staff, the issuer, or a security holder on request.
• Shares owned after the transactions: not provided in the information you supplied.

Context

• These were outright sales and a gift—sales are generally considered routine insider liquidity while gifts do not necessarily indicate a view on the stock’s prospects.
• No options were exercised and no purchase/award activity was reported in this filing.
• The filing appears timely (within the standard two business‑day Form 4 reporting window).