Genesco SVP reports tax withholding on vested shares
GENESCO INC Senior VP Andrew Gray reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
GENESCO INC Senior VP Andrew Gray reported a routine tax-related share disposition. On the vesting of restricted stock granted under the Third Amended and Restated 2020 Equity Incentive Plan, 2,141 shares of common stock were withheld to cover minimum tax withholding liability at an implied value of $28.39 per share.
After this tax-withholding event, Gray directly holds 86,995 shares of GENESCO common stock. This was not an open-market sale but an automatic share withholding tied to equity compensation vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,141 | $28.39 | $61K |
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
Third Amended and Restated 2020 Equity Incentive Plan financial
tax withholding liability financial
tax-withholding disposition financial
FAQ
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What insider transaction did GENESCO (GCO) Senior VP Andrew Gray report?
What plan governed the restricted stock in Andrew Gray’s GENESCO (GCO) filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.