Genworth (NYSE: GNW) EVP awarded RSUs, withholds 23,133 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Saltzgaber Kelly A
Role
EVP & Chief Investment Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 68,571 | $0.00 | -- |
| Exercise | Common Stock | 49,918 | $0.00 | -- |
| Tax Withholding | Common Stock | 23,133 | $8.46 | $196K |
Holdings After Transaction:
Restricted Stock Units — 68,571 shares (Direct);
Common Stock — 158,981 shares (Direct)
Footnotes (1)
- 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. 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. Restricted Stock Units settle in Common Stock on a 1:1 basis. Restricted Stock Units vest and convert to Common Stock in three equal installments beginning on March 2, 2027.