Genpact SVP has 7,663 shares withheld for taxes
Genpact LTD Senior Vice President Anil Nanduru reported a routine tax-withholding transaction related to equity compensation.
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Rhea-AI Filing Summary
Genpact LTD Senior Vice President Anil Nanduru reported a routine tax-withholding transaction related to equity compensation. On this Form 4, 7,663 common shares were withheld at a price of $38.92 per share to cover taxes due upon the vesting of performance share units granted on March 15, 2023 under Genpact’s 2017 Omnibus Incentive Compensation Plan. After this non-market disposition, Nanduru directly holds 105,539 common shares, indicating the filing reflects compensation-related tax settlement rather than an open-market sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 7,663 | $38.92 | $298K |
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) executive Anil Nanduru report?
What equity award triggered the tax-withholding in Genpact (G)’s Form 4?
What does transaction code "F" mean in the Genpact (G) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.