Goldman Sachs COO Waldron sells over $13.6M worth of company stock

[Goldman Sachs Expected To Cut Hundreds Of Jobs This Month]
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* John Waldron, President and Chief Operating Officer of Goldman Sachs (NYSE:GS [https://seekingalpha.com/symbol/GS]), has disclosed the sale of more than $13.6M worth of company stock in a series of transactions this week, a regulatory filing indicated on Friday.
* Waldron, who also serves as a member of the U.S. banking giant’s board, sold 18,244 shares of Goldman Sachs (NYSE:GS [https://seekingalpha.com/symbol/GS]) on Wednesday and Thursday, according to the SEC Form 4 filing he has submitted.
* The transactions, conducted at prices ranging [https://www.sec.gov/Archives/edgar/data/886982/000175439925000012/xslF345X05/wk-form4_1756497865.xml] from $748.61 to $750.74, have reduced his stake in the company by 15%, as he continues to hold nearly 106.3K Goldman (NYSE:GS [https://seekingalpha.com/symbol/GS]) shares per the filing.
* Waldron, widely considered as CEO David Solomon’s successor, joined the company’s board in February. Both executives were offered stock awards worth $80M each early this year as retention bonuses. [https://seekingalpha.com/news/4396389-goldman-sachs-gives-ceo-80m-to-stay-put-for-another-five-years-raises-pay-by-26]

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