Carey Halio - 23 Jan 2026 Form 4 Insider Report for GOLDMAN SACHS GROUP INC (GS)

Role: Global Treasurer
Signature: /s/ Jamie A. Greenberg, Attorney-in-fact
Issuer symbol: GS
Transactions as of: 23 Jan 2026
Net transactions value: -$3,494,372
Form type: 4
Filing time: 27 Jan 2026, 16:02:37 UTC
Previous filing: 21 Jan 2026
Next filing: 29 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
HALIO CAREY	Global Treasurer	C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK	/s/ Jamie A. Greenberg, Attorney-in-fact	27 Jan 2026	0002021544

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		+4,034	+89%		8,586	23 Jan 2026	Direct	F1
transaction	GS	Common Stock, par value $0.01 per share	Tax liability	$1,876,842	-1,966	-23%	$954.65	6,620	23 Jan 2026	Direct	F2
transaction	GS	Common Stock, par value $0.01 per share	Sale	$171,625	-187	-2.8%	$917.78	6,433	23 Jan 2026	Direct	F3
transaction	GS	Common Stock, par value $0.01 per share	Sale	$281,156	-306	-4.8%	$918.81	6,127	23 Jan 2026	Direct	F4
transaction	GS	Common Stock, par value $0.01 per share	Sale	$430,518	-468	-7.6%	$919.91	5,659	23 Jan 2026	Direct	F5
transaction	GS	Common Stock, par value $0.01 per share	Sale	$241,231	-262	-4.6%	$920.73	5,397	23 Jan 2026	Direct	F6
transaction	GS	Common Stock, par value $0.01 per share	Sale	$134,602	-146	-2.7%	$921.93	5,251	23 Jan 2026	Direct	F7
transaction	GS	Common Stock, par value $0.01 per share	Sale	$125,531	-136	-2.6%	$923.02	5,115	23 Jan 2026	Direct	F8
transaction	GS	Common Stock, par value $0.01 per share	Sale	$232,868	-252	-4.9%	$924.08	4,863	23 Jan 2026	Direct	F9

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	Restricted Stock Units	Options Exercise		-4,034	-100%		0	23 Jan 2026	Common Stock, par value $0.01 per share	4,034		Direct	F1

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

Explanation of Responses:

Id	Content
F1	On January 23, 2026, shares of the Issuer's common stock underlying Restricted Stock Units ("RSUs") that had been awarded in connection with compensation prior to 2025 were delivered to the Reporting Person without the payment of any consideration. These shares are not related to 2025 compensation.
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 RSUs described in footnote 1 above.
F3	Reflects a weighted average sale price of $917.78 per share, at prices ranging from $917.29 to $918.25 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F4	Reflects a weighted average sale price of $918.81 per share, at prices ranging from $918.37 to $919.20 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F5	Reflects a weighted average sale price of $919.91 per share, at prices ranging from $919.39 to $920.38 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F6	Reflects a weighted average sale price of $920.73 per share, at prices ranging from $920.44 to $921.31 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F7	Reflects a weighted average sale price of $921.93 per share, at prices ranging from $921.51 to $922.46 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F8	Reflects a weighted average sale price of $923.02 per share, at prices ranging from $922.56 to $923.45 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F9	Reflects a weighted average sale price of $924.08 per share, at prices ranging from $923.59 to $924.43 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.