Goldman's finance chief sells 20,000 shares

miércoles 31 de octubre de 2007 04:21 CET

NEW YORK Oct 30 (Reuters) - The chief financial officer of investment bank Goldman Sachs Group (GS.N: Cotización) said in U.S. regulatory filings on Tuesday that he has sold about $4.7 million in Goldman stock.

David Viniar said he sold 20,000 shares last Friday, for prices ranging from $234.31 to $234.94 per share, according to a U.S. Securities and Exchange Commission filing.

Viniar still holds more than 800,000 shares of the company, according to the filing.

Viniar had also sold about $6.8 million in Goldman stock in January.

The finance chief, was joined by the company's general counsel Gregory Palm in selling shares. Palm sold about 50,000 Goldman shares, worth about $11.6 million on Friday, according to separate regulatory filings on Tuesday.

Goldman shares closed at $240.33 on the New York Stock Exchange after hitting a 52-week high of $246.40 in earlier trading on Tuesday. The stock is up about 53 percent from an August low.

(Reporting by Emily Chasan)