Sheara J. Fredman - Apr 30, 2025 Form 4 Insider Report for GOLDMAN SACHS GROUP INC (GS)

Role: Chief Accounting Officer
Signature: /s/ Jamie A. Greenberg, Attorney-in-fact
Stock symbol: GS
Transactions as of: Apr 30, 2025
Transactions value $: -$6,995,436
Form type: 4
Date filed: 5/2/2025, 04:03 PM
Previous filing: Jan 23, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
FREDMAN SHEARA J	Chief Accounting Officer	C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK	/s/ Jamie A. Greenberg, Attorney-in-fact	2025-05-02	0001792653

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		+23K	+427.31%		28.4K	Apr 30, 2025	Direct	F1
transaction	GS	Common Stock, par value $0.01 per share	Tax liability	-$7M	-12.7K	-44.81%	$548.92	15.7K	Apr 30, 2025	Direct	F2

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		-23K	-100%		0	Apr 30, 2025	Common Stock, par value $0.01 per share	23K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	On April 30, 2025, shares of the Issuer's common stock underlying an award of Performance-based Restricted Stock Units ("PSUs") granted on January 19, 2022 in connection with 2021 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 2026.
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.