• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Stock

Goldman Sachs No. 2 just sold $13.6M in stock: here’s what it really means

by August 31, 2025
by August 31, 2025

Goldman Sachs President John Waldron just cashed in $13.6 million worth of company stock, selling 18,244 shares over a couple of days in late August.

The shares went for between $748 and $751 each, according to the regulatory filing that came out Friday.

This is pretty notable timing since Waldron is widely seen as the heir apparent to CEO David Solomon.

It could just be routine portfolio management or estate planning, but it also raises questions about his confidence in the company’s near-term prospects.

The sale happened over August 27-28, so it was planned and executed pretty quickly. At Goldman’s current stock price levels, $13.6 million represents a decent chunk of shares for even a senior executive to unload at once.

The filing breaks down exactly how Waldron did this – he spread the sale across six different trades to move all 18,244 shares. The average price worked out to about $749 per share, which got him to that $13.6 million total.

Strategic shuffle at Goldman

Waldron’s been at Goldman for over two decades now, starting there in 2000 and working his way up to President and COO in 2018.

So this isn’t some outsider making a quick move; he knows the company inside and out.

What’s important to note is that even after this big sale, Waldron still owns around 106,268 shares, which keeps him as one of Goldman’s biggest individual shareholders.

The sale represents maybe 6% of his total holdings, which puts it more in the category of portfolio management than any kind of panic move.

What makes this sale even more interesting is that Waldron and CEO Solomon both got massive share retention bonuses worth $80 million combined earlier this year.

That was Goldman’s way of keeping them locked in and aligned with shareholders, so selling stock just months later sends a bit of a mixed message.

Waldron’s leadership spans oversight of Goldman Sachs’ key divisions like investment banking, global markets, and asset and wealth management, and he is currently a member of Goldman’s board of directors.

Waldron’s stock sale sparks investor buzz

Goldman’s stock has been on a tear this year, hitting all-time highs thanks to strong revenue and profits from investment banking and trading.

So from a timing perspective, Waldron picked a pretty good moment to cash in some chips. His sale can be more to do with basic financial planning than any red flags about Goldman’s future.

Everyone’s keeping an eye on Waldron since he’s basically the consensus pick to eventually take over from Solomon as CEO.

When someone in that position makes any kind of move with their stock holdings, investors tend to read more into it than they probably should.

Sure, $13.6 million sounds like a lot of money, but when you look at his total stake in the company, it’s really just a small slice.

He still owns around 106,268 shares, so this sale doesn’t suggest he’s lost faith in Goldman’s game plan or where the company is headed.

The post Goldman Sachs No. 2 just sold $13.6M in stock: here’s what it really means appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Why Scott Mushkin doesn’t like anything in retail but Dollar Tree stock
next post
Weekly wrap: markets wobble, Trump battles Fed, Nvidia smashes records, Musk faces SEC heat

Related Posts

Cyberattack halts Asahi production, disrupts Japan’s beer supply

October 3, 2025

Europe markets open: Stoxx 600 rises 0.4%, extending...

October 3, 2025

Bitcoin ETFs see over $600M in inflows as...

October 3, 2025

Stockholm leads Europe in IPO activity with $6.8...

October 3, 2025

Indonesia suspends TikTok licence after data refusal during...

October 3, 2025

Why the Thai baht’s climb against US dollar...

October 3, 2025

OpenAI valuation hits $500 billion as employees sell...

October 2, 2025

Here’s why JPMorgan, Morningstar are bullish on Alibaba...

October 2, 2025

Europe markets open: Stoxx 600 jumps 0.6%, led...

October 2, 2025

Will the Tesco share price hit 500p as...

October 2, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • What I Saw in Milei’s Argentina

    October 3, 2025
  • Tariffs Rest on Distrust of Citizens

    October 3, 2025
  • Cyberattack halts Asahi production, disrupts Japan’s beer supply

    October 3, 2025
  • Europe markets open: Stoxx 600 rises 0.4%, extending its record-setting rally

    October 3, 2025
  • Bitcoin ETFs see over $600M in inflows as BTC price nears $120K

    October 3, 2025
  • Stockholm leads Europe in IPO activity with $6.8 billion raised

    October 3, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025
  • 5

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 6

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 7

    Pop Mart reports 188% profit surge, plans aggressive global expansion

    March 26, 2025

Categories

  • Economy (2,770)
  • Editor's Pick (279)
  • Investing (185)
  • Stock (1,885)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Volkswagen to make massive investments in US...

May 31, 2025

Google faces cease and desist in Japan...

April 15, 2025

Brazilian meat giant JBS clears path for...

May 24, 2025