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Radoff and Jumana Capital (GCO) form group with 7.6% Genesco stake

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

Genesco Inc. is the target of a new activist group holding 7.6% of its common stock. Bradley L. Radoff owns 400,000 shares, or about 3.7% of shares outstanding, and Jumana Capital Investments LLC, managed by Christopher R. Martin, owns 430,000 shares, or about 4.0%.

The investors say they bought Genesco shares because they viewed them as undervalued and see the position as an attractive opportunity. They have formed a formal group agreement to coordinate actions, share expenses, and jointly file ownership reports. They plan to engage with Genesco’s board and management on ways to “unlock value,” including potential changes to board composition, capital allocation, ownership structure, or even a possible sale of the company in whole or in parts.

Positive

  • None.

Negative

  • None.

Insights

Activist group discloses 7.6% Genesco stake with intent to push for changes.

Bradley Radoff and Jumana Capital, led by Christopher Martin, jointly report owning 830,000 Genesco shares, or about 7.6% of the company. They describe the stock as undervalued and have formalized a Group Agreement to coordinate their actions.

The filing outlines potential steps including engaging the board, proposing changes to capital allocation and board composition, and considering transactions affecting Genesco’s ownership structure, including a possible sale of the business in whole or in parts. These are possibilities, not firm plans, but they signal an activist posture.

The impact will depend on how Genesco’s board responds and whether the group expands its stake or advances specific proposals after the April 8, 2026 event date. Subsequent company and investor communications will clarify whether this escalates into a contested situation or results in negotiated changes.

Radoff shares owned 400,000 shares Beneficial ownership, approximately 3.7% of shares outstanding
Jumana Capital shares owned 430,000 shares Beneficial ownership, approximately 4.0% of shares outstanding
Group aggregate ownership 830,000 shares Approx. 7.6% of Genesco shares outstanding as of March 13, 2026
Shares outstanding 10,858,224 shares Genesco common shares outstanding as of March 13, 2026
Radoff purchase cost $11,092,760 Aggregate purchase price for 400,000 Genesco shares, including commissions
Jumana Capital purchase cost $12,930,891 Aggregate purchase price for 430,000 Genesco shares, including commissions
Event date April 8, 2026 Date of event triggering the Schedule 13D filing
Radoff voting power 400,000 shares Sole voting and dispositive power reported for Radoff
Schedule 13D regulatory
"If the filing person has previously filed a statement on Schedule 13G to report the acquisition"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficially owned financial
"Mr. Radoff directly beneficially owned 400,000 Shares, constituting approximately 3.7% of the Shares outstanding."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power financial
"Sole Dispositive Power 400,000.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Group Agreement regulatory
"the Reporting Persons entered into a Group Agreement (the "Group Agreement")"
margin loans financial
"may, at any given time, include margin loans made by brokerage firms in the ordinary course"
Margin loans are loans from a brokerage that let an investor borrow money using their existing stocks, bonds or cash as collateral to buy more securities. They matter because borrowing magnifies both gains and losses—like using a lever to move a heavier load—so small market moves can have outsized effects on your returns; investors also pay interest and risk a margin call, where the broker may force sales if collateral falls below required levels.
capital allocation strategy financial
"making proposals to the Issuer concerning changes to the capital allocation strategy, capitalization, ownership structure"
A capital allocation strategy is a plan for deciding how a company distributes its financial resources among various needs, such as investing in growth, paying dividends, or reducing debt. For investors, it signals how effectively a company manages its money to create value and sustain long-term success, much like a person deciding how to divide their budget for savings, expenses, and investments.





If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


Radoff Bradley Louis
Signature:/s/ Bradley L. Radoff
Name/Title:Bradley L. Radoff
Date:04/15/2026
Jumana Capital Investments LLC
Signature:/s/ Christopher R. Martin
Name/Title:Christopher R. Martin, Manager
Date:04/15/2026
Martin Christopher Ross
Signature:/s/ Christopher R. Martin
Name/Title:Christopher R. Martin
Date:04/15/2026

FAQ

What stake in Genesco Inc. (GCO) did Bradley Radoff and Jumana Capital report?

They jointly reported beneficial ownership of 830,000 Genesco shares, about 7.6% of shares outstanding. Radoff directly owns 400,000 shares (3.7%), while Jumana Capital owns 430,000 shares (4.0%), based on 10,858,224 shares outstanding as of March 13, 2026.

Why did the Radoff and Jumana group file a Schedule 13D on Genesco (GCO)?

They filed a Schedule 13D because their coordinated holdings exceed 5% and they may influence company strategy. The investors consider Genesco shares undervalued and intend to engage the board and management regarding ways to unlock shareholder value.

How much did the Genesco (GCO) activist group pay for its shares?

Radoff’s 400,000 Genesco shares cost about $11,092,760, including commissions. Jumana Capital’s 430,000 shares cost about $12,930,891. Purchases used personal funds or working capital, which can include margin loans from brokerage firms in the ordinary course.

What changes might the Genesco (GCO) activists seek at the company?

The group may seek board composition changes, adjustments to capital allocation and capitalization, or shifts in ownership structure. They also mention the possibility of a sale of Genesco, in whole or in parts, as one of several potential value-unlocking options.

What is the Group Agreement mentioned in the Genesco (GCO) Schedule 13D?

The Group Agreement, dated April 15, 2026, formalizes joint filings and coordinated activities regarding Genesco. It also provides that expenses related to the group’s activities are split evenly, with Radoff and Jumana each paying 50%, underscoring a structured activist partnership.

How many Genesco (GCO) shares are outstanding according to the filing?

The filing states that Genesco had 10,858,224 shares outstanding as of March 13, 2026. This figure comes from the company’s Form 10‑K and is used to calculate that the activist group’s 830,000 shares represent approximately 7.6% of the total.