$GS · GOLDMAN SACHS GROUP INC
Goldman Sachs CEO David Solomon exercised 109,896 options and disposed of 72,773 total shares across tax withholding (60,773 shares at $891.30) and open-market sales (12,000 shares at $910.46–$912.11). The open-market sales generated $10.9 million in proceeds. Solomon retains 159,180 shares following the transactions.
- CEO David Solomon exercised 109,896 options and sold 12,000 shares for $10,928,694.51 at prices between $910.46 and $912.11.
- An additional 60,773 shares were withheld at $891.30 to cover tax obligations on the option exercise.
- Post-transaction, Solomon holds 159,180 shares directly.
- The sales were not executed under a 10b5-1 trading plan.
- Total value of shares disposed (sold + tax withholding): $65,095,669.41.
Markets closed — no regular-session reaction yet; extended-hours move not captured here. CEO sales without a 10b5-1 plan can draw scrutiny, but the 12,000-share open-market sale is modest relative to Solomon's remaining 159,180-share stake and GS's $265.48B market cap.
A CEO selling without a 10b5-1 plan always merits attention, though the 12,000-share sale represents a small fraction of Solomon's remaining 159,180-share position.
_Not applicable._
No 10b5-1 plan was in place for these sales, meaning the CEO made an affirmative decision to sell at current levels rather than under a pre-scheduled arrangement.