Insider Trading January 29, 2026

Goldman Sachs Global Treasurer Halio Carey Disposes of 2,836 Shares; Transaction Totals $2.64M

SEC filing shows sale on Jan. 27, 2026 as Carey retains a direct stake of 2,017 shares; broader dealmaking and compensation items also noted

By Derek Hwang GS
Goldman Sachs Global Treasurer Halio Carey Disposes of 2,836 Shares; Transaction Totals $2.64M
GS

Halio Carey, Goldman Sachs' Global Treasurer, sold 2,836 shares of the bank's common stock on January 27, 2026, in a transaction disclosed on an SEC Form 4. The shares traded between $921.25 and $932.81, producing proceeds of $2,638,716. After the sales Carey directly holds 2,017 shares. The filing appears alongside a string of separate industry items, including IPO preparations and an executive pay increase disclosed by Goldman Sachs.

Key Points

  • Halio Carey sold 2,836 Goldman Sachs shares on January 27, 2026, according to an SEC Form 4.
  • The shares sold ranged from $921.25 to $932.81, producing $2,638,716 in proceeds; Carey now directly owns 2,017 shares.
  • Other reported items include IPO preparations for Entrata and RAC, JPMorgan urging bankers to pursue more M&A work, Verition closing a trading team, and Goldman Sachs increasing CEO David Solomon's 2025 pay to $47 million.

Halio Carey, who serves as Global Treasurer at GOLDMAN SACHS GROUP INC (NYSE:GS), reported the sale of 2,836 shares of Goldman Sachs common stock on January 27, 2026, according to a Form 4 filed with the U.S. Securities and Exchange Commission. The shares were sold across price points ranging from $921.25 to $932.81, yielding total gross proceeds of $2,638,716.

The SEC filing indicates that, following those dispositions, Carey retains direct ownership of 2,017 shares of the company. The transaction details are limited to the numbers and dates reported on the Form 4 and do not include additional commentary from the insider or the firm.


Related industry and firm developments

The Form 4 filing appeared alongside a cluster of separate items involving Goldman Sachs and other market participants. Entrata is working with Goldman Sachs and JPMorgan Chase on preparations for an initial public offering that could raise roughly $500 million.

Separately, RAC is close to choosing banks to lead its proposed London IPO, and the shortlist includes Goldman Sachs, Bank of America, and Barclays. The potential offering could value RAC at about a35 billion, which is approximately $6.9 billion.

Within the investment-banking community, JPMorgan Chase has reportedly urged its dealmakers to step up efforts to capture more mergers and acquisitions activity after falling behind competitors such as Goldman Sachs.

In another development cited in the same disclosure set, Verition Fund Management has closed a trading team led by former Goldman Sachs executives. That team, which concentrated on index rebalancing strategies, was shut down due to poor performance.

Finally, a separate filing noted that Goldman Sachs increased CEO David Solomon's 2025 compensation to $47 million, up from $39 million in 2024, as disclosed in a submission to the Securities and Exchange Commission.


Summary

The Form 4 shows Halio Carey sold 2,836 Goldman Sachs shares on January 27, 2026, for total proceeds of $2,638,716 at prices between $921.25 and $932.81. Carey now directly holds 2,017 shares. The filing was published amid several unrelated item-level developments involving IPO work, bank selection for offerings, internal pressures at rival banks to win deal flow, a fund manager's team closure, and an increase in Goldman Sachs' CEO pay for 2025.

Key points

  • Insider sale: Halio Carey sold 2,836 Goldman Sachs shares on January 27, 2026, for $2,638,716 per the SEC Form 4.
  • Ongoing capital markets activity: Entrata and RAC are pursuing IPO processes involving Goldman Sachs and other banks, potentially raising significant capital.
  • Firm-level matters: JPMorgan Chase is pushing bankers to win more M&A business, Verition closed a trading team, and Goldman Sachs raised CEO David Solomon's 2025 compensation to $47 million.

Risks and uncertainties

  • Limited disclosure: The Form 4 provides transaction figures but offers no explanation of motive, leaving interpretation of the insider sale open.
  • Deal execution uncertainty: IPO plans referenced for Entrata and RAC are in preparatory stages and could change, affecting capital markets and banking fees.
  • Performance-driven restructuring: The closure of Verition's trading team underscores operational risk for active trading strategies and potential human capital shifts in asset management.

Risks

  • The SEC Form 4 shows sale details but does not state the reason for the transaction, leaving the motivation unclear - impacting investor interpretation in the banking sector.
  • IPO plans for Entrata and RAC are described as preparatory and could be altered or delayed, creating uncertainty for equity capital markets and investment banking fees.
  • The shutdown of Verition's trading team due to poor performance highlights execution and performance risk within asset management operations.

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