COLEMAN DENIS P. 4

What Happened
Denis P. Coleman, Chief Financial Officer of Goldman Sachs Group Inc. (GS), conducted a series of open-market sales on February 9, 2026, disposing of a total of 11,623 shares for aggregate proceeds of approximately $10,943,890. The transactions were executed in multiple blocks at prices ranging from roughly $933.03 to $945.99 per share, producing a weighted-average sale price of about $941.57 per share. These were sales (transaction code S), which are typically routine dispositions (not purchases).

Key Details

• Transaction date: February 9, 2026; Form 4 filed February 11, 2026 (appears timely under the 2-business-day Form 4 requirement).
• Shares sold: 11,623 total across multiple blocks.
• Aggregate proceeds: ~$10,943,890. Weighted-average price: ≈ $941.57 per share. Price range across blocks: $933.03 – $945.99.
• Footnotes: Each block lists a weighted-average price and price ranges (F1–F12). Footnote F13 notes some holdings are held through trusts for immediate family members and the reporting person disclaims beneficial ownership of those shares. The filer offers to provide a full per-price breakdown to the SEC or holders on request.
• Shares owned after transaction: Not specified in the provided excerpt.
• Transaction type: Open-market sales (S). No purchases, exercises, or awards reported here.

Context

• Sales by executives can reflect many reasons (diversification, tax planning, compensation management); they are routine and do not by themselves indicate company outlook. Purchases generally attract more attention as potential bullish signals.
• The filing’s footnotes provide detailed weighted averages and price ranges for each block; the reporting person has offered to supply the per-price breakdown if requested.