Genpact Form 144: 2,326 Restricted Shares Acquired 12/31/2019 to Be Sold via Morgan Stanley
Rhea-AI Filing Summary
Genpact Limited submitted a Form 144 notice for the proposed sale of 2,326 common shares, with an aggregate market value of $100,413.42. The shares represent a small fraction of the issuer's outstanding common stock (174,270,076 shares outstanding) and were acquired as restricted stock on 12/31/2019. The broker listed is Morgan Stanley Smith Barney LLC and the securities are designated for sale on the NYSE with an approximate sale date of 08/12/2025. The form indicates no securities sold in the past three months and includes the signer’s representation that they are not aware of undisclosed material adverse information about the issuer.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small, routine Form 144 notice; transaction size is immaterial to Genpact’s market capitalization.
The filing reports a proposed sale of 2,326 restricted shares valued at about $100k against 174.27 million shares outstanding, representing a de minimis percentage of equity and unlikely to move market prices or alter fundamentals. The use of a major broker and the absence of any sales in the prior three months suggest this is a controlled, compliance-driven disclosure rather than a signal of material change. Impact is neutral for investors.
TL;DR: Disclosure appears procedurally correct and non-material; signature attests to lack of undisclosed adverse information.
The notice documents acquisition as restricted stock and lists broker and exchange details, meeting Rule 144 disclosure norms. The filer’s representation regarding material information is standard and important for regulatory compliance. Given the small lot size and clear acquisition history, this filing raises no governance red flags or material control issues for shareholders.