Genesco SVP has shares withheld for tax payment
Genesco Inc. senior vice president Andrew Gray reported a routine tax-related share withholding.
Rhea-AI Filing Summary
Genesco Inc. senior vice president Andrew Gray reported a routine tax-related share withholding. On 02/01/2026, 3,854 shares of Genesco common stock were withheld at $28.93 per share to cover minimum tax obligations triggered by the vesting of restricted stock granted under the company’s 2020 equity incentive plan. After this transaction, he directly owned 54,557 Genesco shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 3,854 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 | 3,854 | $28.93 | $111K |
Holdings After Transaction:
Common Stock — 54,557 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 Genesco (GCO) insider transaction did Andrew Gray report?
Andrew Gray reported a tax-related share withholding, not an open-market trade. On February 1, 2026, 3,854 Genesco common shares were withheld to cover minimum tax obligations arising from vested restricted stock, as part of the company’s 2020 equity incentive plan.
Was Andrew Gray’s Genesco (GCO) Form 4 a market sale or tax withholding?
The Form 4 reflects tax withholding, not a discretionary market sale. Shares were withheld by Genesco to satisfy Andrew Gray’s minimum tax liability when restricted stock vested under the company’s equity incentive plan, a common administrative transaction for equity awards.
What equity plan is referenced in Andrew Gray’s Genesco (GCO) Form 4?
The transaction relates to the Second Amended and Restated 2020 Equity Incentive Plan. Under this plan, restricted stock vested for Andrew Gray and Genesco withheld 3,854 shares to cover required taxes instead of him paying the tax liability in cash.
AI-generated analysis. How Rhea-AI works. Not financial advice.