Genesco SVP has 486 shares withheld for taxes
GENESCO INC executive Scott E. Becker, SVP, Secretary & General Counsel, reported a routine share disposition related to equity compensation.
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Rhea-AI Filing Summary
GENESCO INC executive Scott E. Becker, SVP, Secretary & General Counsel, reported a routine share disposition related to equity compensation. 486 shares of common stock were withheld at $36.18 per share to cover minimum tax obligations when restricted stock vested under the Third Amended and Restated 2020 Equity Incentive Plan. After this tax-withholding event, Becker directly holds 66,672 shares of Genesco common stock. This was not an open-market purchase or sale but an administrative step tied to stock-based compensation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 486 | $36.18 | $18K |
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
minimum tax withholding liability financial
Third Amended and Restated 2020 Equity Incentive Plan financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Genesco (GCO) executive Scott E. Becker report in this Form 4?
Was the Genesco (GCO) Form 4 transaction a stock sale in the market?
What equity plan is referenced in Scott Becker’s Genesco (GCO) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.