Ruemmler Kathryn H. 4

What Happened

• Kathryn H. Ruemmler, Chief Legal Officer (General Counsel) of Goldman Sachs Group Inc. (GS), disposed of 9,589 shares in a series of open‑market sales on January 23, 2026.
• The trades occurred at prices ranging from $921.22 to $935.94 per share (reported grouped weighted average prices from $921.91 to $935.79), producing total proceeds of approximately $8.89 million.
• These were sales (transaction code S); sales are common insider activity and are generally considered routine disclosures rather than affirmative bullish signals.

Key Details

• Transaction date: January 23, 2026; Form 4 filed January 27, 2026. (Filing timeliness is not specified in the provided data.)
• Price range reported across transactions: ~$921.22 to $935.94 per share; grouped weighted averages per footnotes F1–F10 (e.g., $921.91, $922.92, ... , $935.79).
• Total shares sold: 9,589; approximate gross proceeds: $8,893,931.
• Shares owned after the transaction: not reported in the provided excerpt.
• Footnotes F1–F10: each sale line includes a weighted average price and a small price range; the reporting person offers to provide per‑price quantity details to the SEC, the issuer, or security holders upon request.
• No indication in the supplied data of a 10b5‑1 plan, tax withholding, option exercise, gift, or other special disposition code.

Context

• Transaction code S = Sale. There were no derivative exercises, grants, or purchases reported in this filing excerpt.
• Sales by executives can reflect routine portfolio/liquidity management; the filing itself does not state the reason for these disposals.
• For investors tracking insider activity, purchases typically carry more signal weight than routine sales; this filing documents disclosed sales only.