DAVID M. SOLOMON - 03 May 2023 Form 4 Insider Report for GOLDMAN SACHS GROUP INC (GS)

Role: Chairman of the Board and CEO, Director
Signature: /s/ Beverly L. O'Toole, Attorney-in-fact
Issuer symbol: GS
Transactions as of: 03 May 2023
Net transactions value: -$9,883,420
Form type: 4
Filing time: 04 May 2023, 16:30:37 UTC
Previous filing: 01 Nov 2022
Next filing: 21 Jul 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GS	Common Stock, par value $0.01 per share	Options Exercise		+53,610	+47%		168,629	03 May 2023	Direct	F1
transaction	GS	Common Stock, par value $0.01 per share	Tax liability	$9,883,420	-29,647	-18%	$333.37	138,982	03 May 2023	Direct	F2
holding	GS	Common Stock, par value $0.01 per share						15,899	03 May 2023	See footnote	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GS	Performance-based Restricted Stock Units	Options Exercise		-53,610	-100%		0	03 May 2023	Common Stock, par value $0.01 per share	53,610		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On May 3, 2023, shares of the Issuer's common stock underlying an award of Performance-based Restricted Stock Units ("PSUs") granted on January 16, 2020 in connection with 2019 year-end compensation were delivered to the Reporting Person without the payment of any consideration. These shares generally cannot be sold or transferred before January 2025.
F2	Represents shares of the Issuer's common stock withheld to satisfy withholding obligations in connection with the delivery of the common stock underlying the PSUs described in footnote 1 above.
F3	Held through a trust, the sole beneficiaries of which are immediate family members of the Reporting Person. The Reporting Person disclaims beneficial ownership of these shares.