Overview of the insider transactions
Goldman Sachs Group Inc. Chief Accounting Officer Sheara J. Fredman reported the sale of 4,800 shares of the firm's common stock on January 23, 2026, generating total proceeds of $4,492,188, according to a Form 4 filed with the U.S. Securities and Exchange Commission. The individual trades recorded in the filing show sale prices ranging from $917.88 to $935.96 per share across multiple executions.
Breakdown of the sales
The filing details the volume and prices of the separate transactions. The sales listed in the filing include, at weighted average prices, the following lots:
- 295 shares at $917.88
- 875 shares at $918.88
- 653 shares at $919.83
- 272 shares at $920.77
- 144 shares at $922.04
- 208 shares at $923.07
- 316 shares at $924.15
- 124 shares at $925.19
- 276 shares at $926.23
- 505 shares at $927.34
- 512 shares at $928.18
- 291 shares at $929.19
- 167 shares at $930.22
- 87 shares at $931.56
- 76 shares at $932.71
- 40 shares at $933.69
- 12 shares at $934.50
- 10 shares at $935.96
In addition to the sales, the filing shows Fredman disposed of 530 shares as a gift. After accounting for the transactions, Fredman is reported to directly own 10,311 shares of Goldman Sachs Group Inc.
Related disclosures in the same filing
The Form 4 that recorded Fredman’s transactions was filed alongside other corporate disclosures. Those filings noted that Goldman Sachs raised the total compensation package for CEO David Solomon to $47 million for 2025, a 21% increase from the prior year. The disclosed pay package comprises a $2 million base salary plus $45 million in bonuses, which include performance stock units and cash.
Other industry developments noted in filings and reports
The disclosure package also referenced several separate industry updates. JPMorgan Chase & Co. reportedly has urged its investment banking staff to intensify efforts in mergers and acquisitions after underperforming in 2025, a message conveyed by global banking co-heads John Simmons and Filippo Gori during an internal meeting. Separately, Verition Fund Management has closed a trading desk led by former Goldman Sachs executives, citing poor performance for the team.
Outside the banks, the filings and related reports mention that Cubby, a self-storage property management platform, raised $63 million in Series A financing. That round was led by Growth Equity at Goldman Sachs Alternatives and is intended to support enhancements to software and artificial intelligence products among other initiatives.
Full facts preserved
All numerical details, participant names, transaction counts, prices, compensation figures and subsequent ownership totals included in this article are drawn directly from the regulatory filing and the related disclosures cited in the filing. The scope of the article is limited to the information contained in those documents and associated reports; no additional claims or inferences are made beyond what the filings state.