Genworth (GNW) EVP Karawan reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Genworth Financial executive vice president and general counsel Gregory S. Karawan reported equity award activity involving restricted stock units and common shares. On February 13, 2026, 21,892 restricted stock units were exercised and converted to 21,892 shares of common stock at a stated price of $0.00 per share, reflecting a vesting event rather than an open-market purchase.
To cover related tax withholding on the vested units, 6,076 common shares were withheld at $8.92 per share. After these transactions, Karawan directly owned 317,816 shares of Genworth common stock and also had an additional 4,731.743 shares held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
21,892 shares exercised/converted
Mixed
4 txns
Insider
Karawan Gregory S.
Role
EVP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 21,892 | $0.00 | -- |
| Exercise | Common Stock | 21,892 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,076 | $8.92 | $54K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 323,892 shares (Direct);
Common Stock — 4,731.743 shares (Indirect, by 401(k))
Footnotes (1)
- Restricted Stock Units settle 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 Restricted Stock Units that vested on February 13, 2026. Restricted Stock Units vested and converted to Common Stock on February 13, 2026.
FAQ
What insider transactions did GNW executive Gregory S. Karawan report on this Form 4?
Gregory S. Karawan reported the vesting and exercise of 21,892 restricted stock units into 21,892 Genworth common shares. He also reported share withholding of 6,076 common shares at $8.92 per share to satisfy tax obligations related to that equity award vesting event.
What was the size of the restricted stock unit vesting for GNW’s Gregory S. Karawan?
The vesting event covered 21,892 restricted stock units, which settled into 21,892 Genworth common shares on a one-for-one basis. The units vested and converted on February 13, 2026, as part of Karawan’s existing equity compensation arrangement with Genworth Financial.