Genesco SVP covers taxes with share withholding
Genesco Inc. executive Andrew Gray reported a routine tax-related share withholding.
Rhea-AI Filing Summary
Genesco Inc. executive Andrew Gray reported a routine tax-related share withholding. On January 12, 2026, 2,060 shares of Genesco common stock were withheld at $32.43 per share to cover minimum tax obligations triggered by the vesting of restricted stock under the Second Amended and Restated 2020 Equity Incentive Plan.
After this withholding, Gray beneficially owned 58,411 shares of Genesco common stock, held directly. This event reflects administrative settlement of taxes on equity compensation rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 2,060 shares
Exercise Price or Tax Liability
1 txn
Insider
Gray Andrew
Role
Senior VP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,060 | $32.43 | $67K |
Holdings After Transaction:
Common Stock — 58,411 shares (Direct)
Footnotes (1)
- F1. Shares withheld to satisfy minimum tax withholding liability upon the vesting of restricted stock granted under the Second Amended and Restated 2020 Equity Incentive Plan.
FAQ
What insider transaction did Genesco (GCO) report for Andrew Gray?
Andrew Gray, a Senior VP of Genesco Inc., reported a Form 4 transaction where 2,060 shares of common stock were withheld on January 12, 2026 to cover tax obligations related to vesting restricted stock.
Was the Genesco (GCO) Andrew Gray Form 4 an open-market sale?
No. The Form 4 shows shares were withheld (transaction code F) to satisfy minimum tax withholding liability upon the vesting of restricted stock, not an open-market sale.
What equity plan is referenced in Andrew Gray’s Genesco (GCO) Form 4?
The transaction relates to restricted stock granted under the Second Amended and Restated 2020 Equity Incentive Plan, which provided the shares that vested and triggered the tax withholding.
What does transaction code F mean in the Genesco (GCO) Form 4?
Transaction code F indicates shares were withheld by the issuer to pay taxes due upon the vesting or exercise of equity awards, rather than a discretionary market sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.