Genesco (GCO) counsel covers tax bill via 1,062-share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Genesco Inc. SVP, Secretary & General Counsel Scott E. Becker reported an automatic tax withholding of 1,062 shares of common stock on February 1, 2026. The shares were withheld at $28.93 each to cover minimum tax due on vesting of restricted stock under the company’s Second Amended and Restated 2020 Equity Incentive Plan. After this withholding, he directly holds 59,201 Genesco common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Becker Scott E
Role
SVP, Secretary & Gen Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,062 | $28.93 | $31K |
Holdings After Transaction:
Common Stock — 59,201 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Genesco (GCO) report for Scott E. Becker?
Genesco reported that Scott E. Becker had 1,062 common shares withheld to cover taxes. The withholding occurred on February 1, 2026, in connection with vesting of restricted stock granted under the Second Amended and Restated 2020 Equity Incentive Plan.
Was the Genesco (GCO) Scott E. Becker Form 4 a discretionary stock sale?
No, the Form 4 shows an automatic tax withholding transaction coded "F" rather than an open-market sale. Shares were retained by the company to satisfy minimum tax obligations tied to restricted stock vesting under Genesco’s 2020 equity incentive plan.
What role does Scott E. Becker hold at Genesco (GCO) in this Form 4 filing?
In this filing, Scott E. Becker is identified as an officer of Genesco, serving as SVP, Secretary & General Counsel. His status as an executive makes him a reporting person required to disclose equity-related transactions in company stock on Form 4.