Genesco SVP has 547 shares withheld for taxes
GENESCO INC senior vice president and Chief Strategy & Digital Officer Parag Desai reported a small tax-related share disposition.
Sentiment and the balance of points
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Rhea-AI Filing Summary
GENESCO INC senior vice president and Chief Strategy & Digital Officer Parag Desai reported a small tax-related share disposition. On June 26, 2026, 547 shares of common stock were withheld at $36.18 per share to cover minimum tax obligations upon vesting of restricted stock under the company’s 2020 equity incentive plan. After this withholding, Desai directly holds 97,450 common shares, indicating this was a routine compensation and tax-settlement event rather than an open-market trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 547 | $36.18 | $20K |
Footnotes (1)
- F1. Shares withheld to satisfy minimum tax withholding liability upon the vesting of restricted stock granted under the Third Amended and Restated 2020 Equity Incentive Plan.
Key Figures
Key Terms
restricted stock financial
tax withholding liability financial
non-derivative financial
Equity Incentive Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GENESCO (GCO) executive Parag Desai report?
Was Parag Desai’s GENESCO (GCO) Form 4 a stock sale in the market?
What equity plan is referenced in GENESCO (GCO) executive Parag Desai’s Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.