Goldman Sachs Director Kevin Johnson earned more than $1.48 million in Investing.com shares.

In a recent transaction, Director B Goldman Sachs Group Inc. (NYSE: ), acquired 2,400 shares of the company’s common stock. The shares were purchased at $619.02 each, for a total investment of approximately $1,485,648. This purchase was made on January 17, 2025 and was held in trust, with Johnson and his spouse as sole beneficiaries. Goldman Sachs stock has gained 9.5% in the past week and is trading near its current 52-week high of $627, so the timing appears favorable.

In addition, Johnson received 630 restricted stock units (RSUs) in his 2024 annual grant for his service on Goldman Sachs’ board of directors. These RSUs, which vest on January 16, 2025, will convert into common stock 90 days after Johnson retires from the Board. Following these transactions, Johnson now directly owns 2,462 shares of Goldman Sachs common stock. According to InvestingPro analysis, Goldman Sachs, with a market cap of $214.7 billion, currently offers a dividend yield of 1.92% and exhibits promising valuation metrics. Browse the comprehensive Pro Research report on InvestingPro for in-depth insights on Goldman Sachs’ valuation and 17+ additional ProTips.

In other recent news, Goldman Sachs has seen significant promotion and compensation adjustments. The firm announced the appointment of new co-heads of investment banking and heads of its fixed income, currencies and commodities (FICC) group and equities. The newly appointed executives will join Goldman Sachs’ management committee, marking a major transition to a new generation of leadership.

Regarding compensation, Goldman Sachs increased David Solomon’s annual compensation to $39 million for 2024, up from $31 million in 2023. The board approved grants of 130,508 restricted stock units (retention RSUs) to Solomon and John Waldron. President and Chief Operating Officer (COO). This move aims to ensure stability and continuity in the organization’s leadership over the next five years.

The firm awarded $80 million worth of high-retention restricted stock units (RSUs) to its chief executives. These RSUs are designed to align the interests of Solomon and Waldron with long-term shareholder value creation. The firm introduced a long-term executive vested interest incentive program.

Jefferies maintained a buy rating while analysts at Oppenheimer and Keefe, Bruyette & Woods (KBW) maintained an outperform rating for the company. Goldman Sachs reported earnings per share (EPS) of $11.95, beating both the Oppenheimer and consensus estimates. The company’s strong marketing performance and strong revenue win of $1.5 billion were key contributors to these recent changes.

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