logo
Plus   Neg
Share
Email
Comment

Goldman Sachs CFO Schwartz Granted 171,419 Restricted Shares Over 3-Yr Period

Goldman Sachs Group Inc. (GS) newly appointed chief financial officer or CFO Harvey Schwartz, owns 175,493 shares of the company and 171,419 restricted shares over a three-year period starting in 2011, according to a securities filing.

According to Securities and Exchange Commission filing, the restricted stock units can't be sold or transferred before dates ranging from January 2016 to January 2018.

The newly appointed CFO also has options to buy 302,888 shares at $78.78 that will expire in December 31, 2018. All of these stock options are vested and exercisable. If the stock options are exercised, the underlying shares of common stock generally cannot be sold or transferred before January 2014, the filing said.

Harvey Schwartz was one of three global co-heads of the sales and trading division before the New York-based firm announced in September that he would succeed David Viniar as CFO at the end of January.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Cannae Holdings, Inc. said Wednesday that its portfolio company, Ceridian HCM Holding Inc., has confidentially filed for an initial public offering. Ceridian HCM, a provider of human resources software and services, filed a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission relating to the proposed IPO of its common stock. Goldman Sachs Group Inc. on Wednesday reported a loss for the fourth quarter, reflecting lower trading revenue in fixed income, currencies and commodities as well as a charge related to the recent U.S. tax reform. However, both adjusted earnings per share and revenues for the quarter topped analysts' expectations. Bank of America Corp. (BAC) reported a profit for the fourth-quarter of 2017 that declined about 50 percent from last year, hurt by a charge of $2.9 billion or $0.27 per share, related to the Tax Cuts and Jobs Act.
comments powered by Disqus
Follow RTT