Genworth EVP logs RSU vesting and tax share withholding
Genworth Financial executive vice president and general counsel Gregory S. Karawan reported equity award activity involving restricted stock units and common shares.
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
| 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 | 6,076 | $8.92 | $54K |
| 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
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What insider transactions did GNW executive Gregory S. Karawan report on this Form 4?
What was the size of the restricted stock unit vesting for GNW’s Gregory S. Karawan?
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