G Form 144 Filing — Insider Plans to Sell 18,218 Genpact Shares
Rhea-AI Filing Summary
Genpact Limited (G) filing a Form 144 notifies the proposed sale of 18,218 common shares through Morgan Stanley Smith Barney LLC on the NYSE with an aggregate market value of $810,701.00. The shares were granted as performance shares and were acquired in two tranches: 11,351 on 01/10/2022 and 6,867 on 01/10/2023. The filing lists 174,270,076 shares outstanding for the class and indicates no reported sales by the seller in the past three months. The notice includes the seller’s representation that they are not aware of undisclosed material adverse information.
Positive
- Regulatory compliance: The filer provided required Rule 144 disclosure including broker, share count, and acquisition details
- Transparency: The filing states the seller has no undisclosed material adverse information and reports no sales in the past three months
Negative
- Insider sale: A proposed disposition of 18,218 common shares valued at $810,701 is reported
Insights
TL;DR: A routine insider notice to sell a small block of performance shares, disclosed pursuant to Rule 144.
The Form 144 reports a proposed sale of 18,218 shares valued at $810,701 via Morgan Stanley Smith Barney on the NYSE. The shares originated from performance awards granted in 2022 and 2023. Given the reported class outstanding of 174,270,076 shares, the proposed sale represents a de minimis fraction of the outstanding common stock. The filing follows disclosure requirements and includes the standard representation about lack of undisclosed material adverse information.
TL;DR: Compliance-focused disclosure of planned insider sale; procedural, not materially transformative.
The document is a procedural Rule 144 notice specifying the broker, number of shares, acquisition dates, and nature of acquisition (performance shares). It confirms no aggregated sales by the seller in the prior three months and includes the statutory signature attestations. There is no indication of any change in control, governance action, or material operational development disclosed here.