Genesco (GCO) CEO Mimi Vaughn settles tax liability with 4,847 withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GENESCO INC Board Chair, President & CEO Mimi Eckel Vaughn reported a routine tax-related share disposition. On June 26, 2026, 4,847 shares of common stock were withheld at $36.18 per share to cover minimum tax withholding upon the vesting of restricted stock granted under the Third Amended and Restated 2020 Equity Incentive Plan. After this withholding, she directly holds 445,481 shares of GENESCO common stock. This event reflects compensation-related tax settlement rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
VAUGHN MIMI ECKEL
Role
Board Chair, President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,847 | $36.18 | $175K |
Holdings After Transaction:
Common Stock — 445,481 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for tax: 4,847 shares
Tax withholding share value: $36.18 per share
Shares held after transaction: 445,481 shares
+1 more
4 metrics
Shares withheld for tax
4,847 shares
Withheld to satisfy minimum tax withholding on restricted stock vesting
Tax withholding share value
$36.18 per share
Valuation used for 4,847 withheld shares
Shares held after transaction
445,481 shares
Direct GENESCO common stock holdings after tax-withholding disposition
Tax-withholding shares count (summary)
4,847 shares
Reported as taxWithholdingShares in transaction summary
Key Terms
restricted stock, minimum tax withholding liability, Third Amended and Restated 2020 Equity Incentive Plan, tax-withholding disposition
4 terms
restricted stock financial
"upon the vesting of restricted stock granted under the Third Amended"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
minimum tax withholding liability financial
"Shares withheld to satisfy minimum tax withholding liability upon the vesting"
Third Amended and Restated 2020 Equity Incentive Plan financial
"granted under the Third Amended and Restated 2020 Equity Incentive Plan"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did GENESCO (GCO) report for Mimi Eckel Vaughn?
GENESCO reported that Board Chair, President & CEO Mimi Eckel Vaughn had 4,847 shares of common stock withheld. The shares were used to satisfy minimum tax withholding obligations triggered by the vesting of restricted stock granted under the company’s Third Amended and Restated 2020 Equity Incentive Plan.
What plan governed the restricted stock in this GENESCO (GCO) Form 4 filing?
The restricted stock that vested, triggering the tax withholding, was granted under GENESCO’s Third Amended and Restated 2020 Equity Incentive Plan. This plan provides equity-based compensation, such as restricted stock, to executives and other participants as part of their overall compensation package.