G Form 144: 25,539 Common Shares to Be Sold on NYSE via Morgan Stanley
Rhea-AI Filing Summary
Form 144 notice for Genpact Limited (symbol: G) discloses a proposed sale of 25,539 common shares through Morgan Stanley Smith Barney LLC on the NYSE with an aggregate market value of $1,164,468.47 and approximately 174,270,076 shares outstanding. The shares were acquired as performance shares: 17,608 on 01/10/2022 and 7,931 on 01/10/2023. No securities were reported sold by the selling person in the past three months. The filer certifies they are unaware of any undisclosed material adverse information and follows the Rule 144 disclosure process.
Positive
- Clear disclosure of planned sale details including broker, sale date, share count, and aggregate market value
- Securities were awarded as performance shares with acquisition dates provided, supporting transparency
- No reported sales in the prior three months, indicating this is not part of an ongoing rapid disposition
Negative
- None.
Insights
TL;DR: Routine Rule 144 filing disclosing an insider's planned sale of performance shares worth ~$1.16M; appears compliant and non-material.
The filing documents a standard Rule 144 notice: a sale of 25,539 common shares via Morgan Stanley Smith Barney on NYSE with an aggregate value of $1,164,468.47. The shares were awarded as performance shares in 2022 and 2023, which the filer discloses clearly. There are no sales in the prior three months, and the signature statement affirms no undisclosed material adverse information. From a compliance standpoint, the form supplies required acquisition dates, share counts, broker details, and planned sale date, supporting orderly, rule-based disposition of restricted or controlled shares.
TL;DR: The disclosed sale size (~$1.16M) is small relative to a large-cap issuer and unlikely to be market-moving.
The notice shows an insider intends to sell 25,539 common shares valued at about $1.16 million against ~174.27 million shares outstanding. Given those totals, the transaction represents a small fraction of outstanding equity and lacks other red flags such as recent accelerated sales. The classification of the shares as performance shares and the absence of recent sales suggest routine vesting and monetization rather than a liquidity-driven exit. Impact on the stock from this single filing is likely neutral.