Genpact SVP has shares withheld for tax payment
Genpact Limited Senior Vice President Sameer Dewan reported a tax-related share disposition tied to equity compensation.
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Rhea-AI Filing Summary
Genpact Limited Senior Vice President Sameer Dewan reported a tax-related share disposition tied to equity compensation. On this Form 4, 3,542 common shares were withheld at a value of $38.92 per share to cover taxes upon vesting of performance share units granted on March 15, 2023.
After this withholding, Dewan directly holds 57,665 common shares. This transaction reflects routine tax withholding on vested performance-based awards under the Genpact Limited 2017 Omnibus Incentive Compensation Plan rather than an open-market purchase or sale decision.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 3,542 | $38.92 | $138K |
Footnotes (1)
- F1. Represents shares withheld for payment of taxes upon the vesting of performance share units granted on March 15, 2023 under the Genpact Limited 2017 Omnibus Incentive Compensation Plan.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Genpact (G) Senior Vice President Sameer Dewan report?
What equity plan is referenced in Sameer Dewan’s Genpact Form 4 tax-withholding transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.