Denis P. Coleman, Chief Financial Officer of Goldman Sachs (GS), has demonstrated a consistent pattern of selling activity in the company’s stock over the past two years, with no recorded purchases. According to SEC Form 4 filings, Coleman has executed 24 transactions totaling over $40.8 million in sales since early 2024, all involving GS shares. His most concentrated selling occurred on February 9, 2026, when he offloaded 12 separate blocks of stock worth between $48,638 and $2.69 million, amounting to nearly $9.6 million in aggregate value. Earlier transactions included a $3.95 million sale on July 25, 2025, and a $5 million sale on February 23, 2024.
The filings also reveal that Coleman has periodically received shares through derivative transactions, including a $12.09 million award on January 27, 2026, and a $2.36 million grant on January 23, 2026, both classified as "F" (award, grant, or other acquisition). However, these holdings were not retained long-term, as subsequent sales—particularly the February 2026 disposals—indicate a steady reduction in his position. While the sales may reflect routine portfolio management, the absence of any buy transactions suggests a clear directional bias toward divestment rather than accumulation of GS shares.
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