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AI English summary of an SEC filing — figures as filed

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Goldman Sachs said the Board of Directors, upon the recommendation of the Compensation Committee, has determined total annual compensation for David Solomon, Chairman and Chief Executive Officer, of $47 million for 2025. This compares to total annual compensation of $39 million for 2024.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Goldman Sachs said the Board of Directors, upon the recommendation of the Compensation Committee, has determined total annual compensation for David Solomon, Chairman and Chief Executive Officer, of $47 million for 2025. This compares to total annual compensation of $39 million for 2024.

  2. The company disclosed that David Solomon's compensation consists of base salary $2.0 million, PSUs $31.5 million (70%), CIP $3.4 million (7.5%), and cash $10.1 million (22.5%). It said base salary and PSU design are unchanged year-over-year.

  3. Goldman Sachs said the Compensation Committee considered total shareholder return of 57% for 2025, a 33% increase in the quarterly dividend, 6.2% book value per share growth, and approximately $17 billion of capital returned to common shareholders.

  4. The company said that for the year ended December 31, 2025, it reported full-year net revenues of $58.28 billion, net earnings of $17.18 billion, diluted EPS of $51.32, and ROE of 15.0%. It said the Compensation Committee also considered a 27% increase in diluted EPS and a 230 basis points improvement in ROE.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

David Solomon 2025 Total Annual Compensation $47 million

Goldman Sachs said the Board of Directors, upon the recommendation of the Compensation Committee, has determined total annual compensation for David Solomon, Chairman and Chief Executive Officer, of $47 million for 2025. This compares to total annual compensation of $39 million for 2024.

Source · Based on the filing body and exhibits

Compensation Components: Base Salary $2.0 million, PSUs 70%

The company disclosed that David Solomon's compensation consists of base salary $2.0 million, PSUs $31.5 million (70%), CIP $3.4 million (7.5%), and cash $10.1 million (22.5%). It said base salary and PSU design are unchanged year-over-year.

Source · Based on the filing body and exhibits

Shareholder Value Metrics Considered by Compensation Committee for 2025

Goldman Sachs said the Compensation Committee considered total shareholder return of 57% for 2025, a 33% increase in the quarterly dividend, 6.2% book value per share growth, and approximately $17 billion of capital returned to common shareholders.

Source · Based on the filing body and exhibits

2025 Full-Year Net Revenues, Net Earnings, Diluted EPS and ROE

The company said that for the year ended December 31, 2025, it reported full-year net revenues of $58.28 billion, net earnings of $17.18 billion, diluted EPS of $51.32, and ROE of 15.0%. It said the Compensation Committee also considered a 27% increase in diluted EPS and a 230 basis points improvement in ROE.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.