[SCHEDULE 13G/A] Genesco Inc. SEC Filing
Nomura Holdings, Inc. and its subsidiary Nomura Global Financial Products, Inc. report beneficial ownership of Genesco Inc. common stock totaling 422,732 shares (Nomura Holdings) and 422,678 shares (NGFP) with shared voting and dispositive power. The reported holdings represent 3.9% of Genesco's outstanding shares, calculated on a base of 10,778,805 shares as disclosed in the issuer's quarterly report as of May 30, 2025. The filing indicates the shares are held in the ordinary course of business and were not acquired to influence control of the issuer. Exhibits include a joint filing agreement and a list of subsidiaries.
- Transparent disclosure of beneficial ownership amounts and the basis for the percentage calculation
- Holdings are below 5%, indicating no current intention to influence control according to the filing
- None.
Insights
TL;DR: Nomura reports a modest 3.9% position in Genesco held with shared voting and dispositive power; impact is neutral.
The disclosed stake of 422,732 shares is below the typical 5% reporting threshold for substantial influence, indicating a non-controlling economic exposure. Shared voting and dispositive power suggests the position may be held through affiliated trading or structured products rather than direct long-term strategic ownership. For investors, this filing documents ownership concentration but does not signal a change in control or a material shift in governance.
TL;DR: Reporting shows shared authority over a sub-5% stake; governance implications are limited and routine.
The form states the holdings are not intended to influence control and are held in the ordinary course of business. Because voting and dispositive power are shared and the percentage of class is 3.9%, there is no immediate governance risk or activist signal evident from this disclosure. Exhibits identifying subsidiaries and a joint filing agreement are standard for parent-subsidiary reporting.