Genworth (GNW) EVP & CIO reports 64,563 RSUs with 2026–2028 vesting
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Genworth Financial executive Taylor Morris, EVP & CIO, reported beneficial ownership of 64,563 Restricted Stock Units (RSUs) on an initial Form 3. These RSUs vest and convert into common stock in equal parts on May 21, 2026, May 21, 2027, and May 21, 2028, settling into common shares on a 1:1 basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Taylor Morris C.
Role
EVP & CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units (RSUs) | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 64,563 shares (Direct)
Footnotes (1)
- Vests and converts to Common Stock in equal installments on each of 05/21/2026, 05/21/2027, and 05/21/2028. RSUs settle in Common Stock on a 1:1 basis.
FAQ
What insider position is reported in Genworth (GNW) Form 3 for Taylor Morris?
The Form 3 reports 64,563 Restricted Stock Units (RSUs) beneficially owned by EVP & CIO Taylor Morris. These RSUs represent rights to receive Genworth common stock in the future, subject to the specified vesting schedule and settlement terms.
How do the RSUs reported by Genworth (GNW) EVP Taylor Morris vest?
The reported RSUs vest in three equal installments on May 21, 2026, May 21, 2027, and May 21, 2028. Each installment converts into Genworth common stock as it vests, following the terms outlined for these equity awards.
What is the settlement ratio for Taylor Morris’s RSUs at Genworth (GNW)?
The RSUs settle in Genworth common stock on a 1:1 basis, meaning each vested RSU converts into one share of common stock. This creates a direct link between the RSU count and potential future common share ownership.
Is Genworth (GNW) EVP Taylor Morris’s Form 3 a buy or sell transaction?
The Form 3 reflects an initial statement of beneficial ownership, not a buy or sell transaction. It records Taylor Morris’s existing holding of 64,563 RSUs and discloses their vesting and settlement terms for transparency to investors.
What role does Taylor Morris hold at Genworth (GNW) in this Form 3 filing?
Taylor Morris is identified as Executive Vice President (EVP) & Chief Investment Officer (CIO) of Genworth Financial Inc. The Form 3 links this officer role to the reported holding of 64,563 RSUs subject to the disclosed vesting schedule.