Genpact (NYSE: G) CEO withholds 29,691 shares for taxes after RSU vesting
Rhea-AI Filing Summary
Genpact Ltd President and CEO Balkrishan Kalra reported a tax‑withholding transaction involving 29,691 common shares. On 01/10/2026, 29,691 Genpact common shares were withheld at a price of $48.24 per share to pay taxes due upon the vesting of restricted share units granted under the Genpact Limited 2017 Omnibus Incentive Compensation Plan, in a transaction coded "F" and exempt under Rule 16b-3.
After this withholding, Kalra directly holds 390,685 common shares of Genpact. This event reflects shares being retained by the company for tax purposes rather than an open-market sale.
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FAQ
What insider transaction did Genpact (G) report for Balkrishan Kalra?
Genpact President and CEO Balkrishan Kalra reported a transaction in which 29,691 common shares were withheld on 01/10/2026 to cover taxes related to vested restricted share units.
What does the Form 4 transaction code "F" mean for Genpact (G)?
The Form 4 shows transaction code "F", indicating shares were withheld by the issuer to pay tax obligations upon the vesting of equity awards, rather than an open-market buy or sell.
At what price were Genpact (G) shares withheld for the CEO's tax payment?
The 29,691 Genpact common shares withheld for taxes were valued at a price of $48.24 per share for this tax‑withholding transaction.
How many Genpact (G) shares does CEO Balkrishan Kalra own after this Form 4 transaction?
Following the reported tax‑withholding transaction, Balkrishan Kalra directly owns 390,685 Genpact common shares, as disclosed in the filing.
Was the Genpact (G) CEO’s Form 4 transaction an open-market sale?
No. The footnote explains that the 29,691 shares represent shares withheld for payment of taxes upon the vesting of restricted share units under Genpact’s 2017 Omnibus Incentive Compensation Plan.
What equity plan is referenced in the Genpact (G) CEO’s Form 4?
The Form 4 states the tax‑withheld shares relate to restricted share units granted under the Genpact Limited 2017 Omnibus Incentive Compensation Plan and notes the transaction is exempt under Rule 16b-3.