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

Goldman Sachs No. 2 John Waldron sells $13.6M in stock [https://invezz.com/wp-content/uploads/2025/07/goldman-sachs-1.png] 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…