HARRIS KIMBERLEY D. 4

What Happened

• Kimberley D. Harris, a director of Goldman Sachs Group, was granted 364 restricted stock units (RSUs) on January 16, 2026. The award is reported as a derivative acquisition (code A) with an acquisition price of $0.00 (i.e., a grant, not a cash purchase). No immediate cash value is reported in the filing because value will depend on the company's stock price when shares are delivered.

Key Details

• Transaction date: 2026-01-16; Filing date: 2026-01-21 (filed 5 days after the transaction).
• Amount: 364 RSUs; reported acquisition price: $0.00 (grant).
• Shares owned after transaction: Not reported in the Form 4 filing.
• Footnote: These RSUs are the Reporting Person's 2025 Annual Grant. The underlying common shares will be delivered approximately 90 days after the Reporting Person retires from the Issuer's Board of Directors.
• Filing timeliness: The Form 4 was filed five days after the transaction date (later than the typical two-business-day reporting window for Form 4s).

Context

• RSU grants are deferred equity awards, not open-market purchases or immediate sales. The RSUs will convert to actual shares only after vesting/delivery conditions (here, delivery is tied to board retirement and occurs ~90 days afterward). Such awards are routine compensation/retention arrangements for directors and do not by themselves indicate a buy/sell market signal.