Genesco (GCO) CFO Withholds 1,296 Shares at $29.83 for Taxes
Cassandra Harris, SVP Finance & CFO of Genesco Inc. (GCO), reported a non-derivative disposition on 10/01/2025.
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Rhea-AI Filing Summary
Cassandra Harris, SVP Finance & CFO of Genesco Inc. (GCO), reported a non-derivative disposition on 10/01/2025. The filing shows 1,296 shares of Common Stock were disposed of at a price of $29.83 per share. The filing explains the shares were withheld to satisfy minimum tax withholding liability upon the vesting of restricted stock granted under the company’s equity plan. After the transaction, the reporting person beneficially owned 24,308 shares. The Form 4 was signed by an attorney-in-fact on 10/02/2025.
Insights
Routine tax-withholding sale after RSU vesting; not an active market sale.
This Form 4 documents a share disposition of 1,296 shares at $29.83 to satisfy tax withholding when restricted stock vested under the 2020 Equity Incentive Plan. Such withholdings are administrative and do not necessarily indicate a voluntary sale for cash.
The filing reports the reporting person's post-transaction beneficial ownership as 24,308 shares, a factual balance figure investors can track in subsequent filings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,296 | $29.83 | $39K |
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did the Genesco (GCO) Form 4 report for Cassandra Harris?
When was the Form 4 signed and by whom?
Does the filing indicate an open-market sale or a tax withholding?
AI-generated analysis. How Rhea-AI works. Not financial advice.