Genpact (NYSE: G) director receives 6,521 RSU equity award grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gangestad Nicholas C reported acquisition or exercise transactions in this Form 4 filing.
Genpact LTD director Nicholas C. Gangestad received an equity grant in the form of restricted share units. He was awarded 6,521 unvested RSUs, each representing one common share at a future date, increasing his direct holdings to 15,334 common shares after the award.
The RSUs were granted under the Genpact Limited 2017 Omnibus Incentive Compensation Plan. Subject to his continued service, the entire RSU award will vest on December 31, 2026 and will be settled in common shares on December 31, 2027, aligning his compensation further with long-term shareholder interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gangestad Nicholas C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 6,521 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 15,334 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU award size: 6,521 RSUs
Post-award holdings: 15,334 shares
Grant price per RSU: $0.0000 per unit
+2 more
5 metrics
RSU award size
6,521 RSUs
Unvested restricted share units granted to director
Post-award holdings
15,334 shares
Common shares held directly after the RSU grant
Grant price per RSU
$0.0000 per unit
Indicates compensation award, not a cash purchase
Vesting date
December 31, 2026
RSUs fully vest subject to continued service
Settlement date
December 31, 2027
RSUs settled in Genpact common shares
Key Terms
restricted share units (RSUs), Genpact Limited 2017 Omnibus Incentive Compensation Plan, unvested restricted share units, settled in common shares
4 terms
Genpact Limited 2017 Omnibus Incentive Compensation Plan financial
"Represents an award of unvested restricted share units (RSUs) granted under the Genpact Limited 2017 Omnibus Incentive Compensation Plan."
FAQ
What did Genpact (G) director Nicholas C. Gangestad receive in this transaction?
Nicholas C. Gangestad received an award of 6,521 unvested restricted share units. Each RSU represents the right to receive one Genpact common share in the future, providing equity-based compensation tied to his continued service with the company.
When do Nicholas C. Gangestad’s Genpact RSUs vest and settle?
The 6,521 restricted share units fully vest on December 31, 2026, assuming continued service. They are then scheduled to be settled in Genpact common shares on December 31, 2027, creating a one-year gap between vesting and share delivery for the director.
What plan governs the RSU grant to Genpact (G) director Nicholas C. Gangestad?
The restricted share units were granted under the Genpact Limited 2017 Omnibus Incentive Compensation Plan. This plan provides equity-based awards, such as RSUs, to align participants’ interests with the long-term performance and value of Genpact’s common shares.
Does Nicholas C. Gangestad pay a purchase price for these Genpact RSUs?
The RSUs were granted with a transaction price of $0.0000 per unit, indicating no cash purchase price. They function as a compensation award, delivering Genpact common shares at future dates if the director continues his service through the vesting schedule.