Insider Filing: Genpact CFO Klunk RSU Withholding and Sale Recorded
Rhea-AI Filing Summary
Donald J. Klunk, identified as Chief Accounting Officer, reported two non-derivative transactions in Genpact Limited (G). On 09/02/2025 1,468 shares were withheld for taxes upon vesting of restricted share units at a price of $45.34, leaving 10,135 shares beneficially owned after that transaction. On 09/03/2025 he sold 2,695 shares at $44.77, leaving 7,440 shares beneficially owned following the sale. The filing notes 252 shares were acquired under the Genpact Employee Stock Purchase Plan since his prior Form 4 on March 13, 2025, and he currently holds 673 ESPP shares. The form is signed by an attorney-in-fact on 09/04/2025.
Positive
- Timely disclosure of insider transactions on Form 4
- ESPP participation increased holdings by 252 shares since prior filing, with total ESPP shares reported as 673
- Withholding for taxes shows RSU vesting rather than opportunistic insider selling
Negative
- Open-market sale of 2,695 shares reduced beneficial ownership to 7,440 shares
- Withholding of 1,468 shares reduced outstanding direct holdings following vesting
Insights
TL;DR: Routine insider tax withholding and small open-market sale; no material change to control.
The transactions consist of tax withholding on vested restricted share units and a subsequent open-market sale of 2,695 shares. The withheld shares (1,468) reflect compensation settlement rather than a strategic disposition. The sale reduced reported holdings to 7,440 shares, a numeric decline but not indicative of loss of control or a material shift in ownership. For investors, these are standard insider liquidity and tax events rather than operational signals.
TL;DR: Disclosure appears complete and timely; transactions align with compensation mechanics.
The Form 4 documents withholding to satisfy tax obligations on vested RSUs and an open-market sale the next day. The filing includes ESPP activity reconciliation, enhancing transparency. There is no indication of rule 10b5-1 reliance or pre-arranged trading plan in the body of the form. From a governance perspective, the recordkeeping and signature by attorney-in-fact meet filing requirements.