Genworth EVP converts RSUs, withholds shares for tax
Genworth Financial executive Mark Blakeley Hodges reported equity compensation activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
Genworth Financial executive Mark Blakeley Hodges reported equity compensation activity involving restricted stock units and common shares. On February 13, 2026, 21,892 restricted stock units vested and were converted into 21,892 shares of common stock at no exercise price, increasing his direct holdings. The company then withheld 7,284 common shares, valued at $8.92 per share, to cover associated tax obligations. After these transactions, Hodges directly held 110,824 common shares, with an additional 4,526.476 shares held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 21,892 | $0.00 | $0.00 |
| Exercise | Common Stock | 21,892 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 7,284 | $8.92 | $65K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Restricted Stock Units settle 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 Restricted Stock Units that vested on February 13, 2026.
- F3. Restricted Stock Units vested and converted to Common Stock on February 13, 2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Genworth (GNW) executive Mark Blakeley Hodges report?
How many Genworth (GNW) restricted stock units vested for Mark Blakeley Hodges?
How do Genworth (GNW) restricted stock units convert into common stock for executives?
Does Mark Blakeley Hodges’ Genworth (GNW) Form 4 show any open-market stock sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.