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Genpact (NYSE: G) CHRO has 5,702 shares withheld for taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Genpact Limited reported a routine compensation-related share withholding for its Senior Vice President and CHRO, Piyush Mehta. On March 10, 5,702 common shares were withheld at $38.92 per share to cover taxes upon vesting of performance share units granted on March 15, 2023. Following this tax-withholding disposition, Mehta directly holds 156,485 common shares, reflecting his ongoing equity stake in the company rather than an open-market sale.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Mehta Piyush

(Last) (First) (Middle)
C/O GENPACT LLC
521 FIFTH AVENUE, 14TH FLOOR

(Street)
NEW YORK NY 10175

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Genpact LTD [ G ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice President and CHRO
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 03/10/2026 F 5,702(1) D $38.92 156,485 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
/s/ Thomas D. Scholtes, as Attorney-in-fact for Piyush Mehta 03/12/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Genpact (G) disclose about Piyush Mehta’s recent share transaction?

Genpact disclosed a tax-related share withholding for Senior Vice President and CHRO Piyush Mehta. On March 10, 5,702 common shares were withheld to cover taxes on vested performance share units, a standard compensation mechanism rather than an open-market sale.

How many Genpact (G) shares were withheld for Piyush Mehta’s taxes?

Genpact withheld 5,702 common shares from Piyush Mehta to satisfy tax obligations. The shares were valued at $38.92 each and relate to performance share units that vested from a grant dated March 15, 2023 under the company’s 2017 incentive plan.

Is Piyush Mehta’s Genpact (G) Form 4 transaction an open-market sale?

No, the transaction is not an open-market sale. The Form 4 shows a tax-withholding disposition, where 5,702 shares were retained by the company to pay taxes on vested performance share units, a common administrative step in equity compensation.

How many Genpact (G) shares does Piyush Mehta hold after this transaction?

After the tax-withholding transaction, Mehta holds 156,485 shares of Genpact common stock directly. This figure reflects his continuing equity position following the withholding of 5,702 shares for tax obligations tied to vesting performance share units.

What equity award triggered Piyush Mehta’s Genpact (G) tax withholding?

The withholding stems from performance share units granted on March 15, 2023. These units vested under the Genpact Limited 2017 Omnibus Incentive Compensation Plan, causing 5,702 shares to be withheld to cover associated tax liabilities for Piyush Mehta.

What does the F code mean in Piyush Mehta’s Genpact (G) Form 4?

The F code denotes a tax-withholding disposition rather than a market trade. In this case, 5,702 Genpact common shares were withheld to satisfy taxes when performance share units vested, a typical feature of stock-based executive compensation programs.
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