Genworth EVP receives 68,571 RSUs, withholds shares
Genworth Financial executive Kelly A. Saltzgaber reported equity compensation and related share movements.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Genworth Financial executive Kelly A. Saltzgaber reported equity compensation and related share movements. On March 2, 2026, Saltzgaber received a grant of 68,571 Restricted Stock Units, which settle into common stock on a 1:1 basis and vest in three equal installments beginning on March 2, 2027.
On the same date, Performance Stock Units granted on February 16, 2023 fully vested and were settled into 49,918 shares of common stock. To cover tax withholding on the vested Performance Stock Units, the company withheld 23,133 shares at a price of $8.46 per share. Following these transactions, Saltzgaber directly owned 135,848 shares of common stock and 68,571 Restricted Stock Units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 68,571 | $0.00 | $0.00 |
| Exercise | Common Stock | 49,918 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 23,133 | $8.46 | $196K |
Footnotes (4)
- F1. Reflects Performance Stock Units that were granted on February 16, 2023 and fully vested on March 2, 2026, and settled in Common Stock on a 1:1 basis.
- F2. The Company withheld shares of Common Stock to satisfy the tax withholding obligation for the Reporting Person's Performance Stock Units that vested on March 2, 2026.
- F3. Restricted Stock Units settle in Common Stock on a 1:1 basis.
- F4. Restricted Stock Units vest and convert to Common Stock in three equal installments beginning on March 2, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.