Insider trade

10% owner sold ~$11 of GS shares in the open market

Traded Nov 28, 2025 · Filed Feb 26, 2026

Goldman SachsGS

~$11
Reported value · 1 sh @ $10.74: 2.83M
Holds after · shares reported: +8.6%
stock since the trade · S&P 500 +11.8%, $826.04 → $896.67 on Oct 1

Why it stands out

A big owner of Goldman Sachs sold $11 of Goldman Sachs shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Nov 28, 2025
Reporting period: Not applicable
Filed with the SEC: Feb 26, 2026

10% ownerIndirect holding<$25K

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$11

Shares × reported transaction price

Timing vs results

45 days after results of Oct 14, 2025, 41 days before results of Jan 8, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $826.04 on Nov 28, 2025, within 2% of its 52-week high, after a 9% rise over the previous 30 trading days

52-week range $462.22 (Apr 8, 2025) to $838.97 (Nov 12, 2025), 97% of the way up, from 250 adjusted closes. 30 trading days earlier: $758.09 on Oct 16, 2025. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-4.4%	-2.0%	-2.5%
30 days	-6.0%	-7.9%	+1.8%
90 days	+17.3%	+10.0%	+7.3%
180 days	+21.0%	+11.7%	+9.4%

Past results only. Not a forecast.

Source receipt

Record ID: 0001193125-26-077683
Filed / recorded: Feb 26, 2026, 11:01 PM UTC
Added to OQRO: Oct 2, 2026, 3:52 AM UTC
Parser: form4-xml-v1
Data quality: Needs review
Issuer: INFLECTION POINT ACQUISITION CORP. IV
Issuer CIK: 2028707
Ticker: BACQ
Reporting person: GOLDMAN SACHS GROUP INC
Relationship: 10% owner
Security: Class A Common Stock, par value $0.0001 per share
Table: Non-derivative (Table I)
Transaction date: Nov 28, 2025
Transaction code: S
Shares / units: 1
Price per share: $10.74
Acquired / disposed: Disposed (D)
Shares owned after: 2,833,418
Ownership form: Indirect — See footnotes
Amendment: No

Footnotes from the filing

This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group") and Goldman Sachs & Co. LLC. ("Goldman Sachs" and, together with GS Group, the "Reporting Persons"). Goldman Sachs is a wholly-owned subsidiary of GS Group. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that any such Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose. On February 5, 2026, the Reporting Persons ceased to be a greater than 10% beneficial owner of Inflection Point Acquisition Corp. IV's (the "Issuer") Class A Common Stock (the "Common Stock").
These transactions in the Common Stock of the Issuer have not previously been reported and were effected by Goldman Sachs acting as a market maker in the ordinary course of business.
Without conceding market making trades in the ordinary course of business can result in liability under Section 16(b) of the Exchange Act, the amount of profit potentially recoverable by the Issuer from the reported transactions in the event that they were subject to Section 16(b) will be remitted to the Issuer.
The Common Stock of the Issuer reported herein as indirectly owned was beneficially owned directly by Goldman Sachs and indirectly by GS Group.