Genworth (NYSE: GNW) exec sells stock, gifts 11,000 shares to charity
Rhea-AI Filing Summary
GENWORTH FINANCIAL INC (GNW) reported insider transactions by Melissa Hagerman, EVP and Chief HR Officer. On 2026-08-24 she sold 14,708 shares of Common Stock in a sale described as an open market or private transaction at $9.915 per share. On the same date she also disposed of 11,000 shares of Common Stock as a bona fide gift to a charitable organization at a reported price of $0.00 per share. The Rule 10b5-1 trading plan checkbox for this filing is not marked as being pursuant to such a plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 25,708 shares
Net Sell
2 txns
Insider
Hagerman Melissa
Role
EVP and Chief HR Officer
Sold
14,708 shs ($146K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 14,708 | $9.915 | $146K |
| Gift | Common Stock F1 | 11,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 181,539 shares (Direct)
Footnotes (1)
- F1. The shares reported in this transaction represent a gift to a charitable organization.
Key Figures
Shares sold: 14,708 shares of Common Stock
Sale price per share: $9.915 per share
Shares gifted: 11,000 shares of Common Stock
+1 more
4 metrics
Shares sold
14,708 shares of Common Stock
Sale in open market or private transaction on 2026-08-24
Sale price per share
$9.915 per share
Price for 14,708-share Common Stock sale on 2026-08-24
Shares gifted
11,000 shares of Common Stock
Bona fide gift to a charitable organization on 2026-08-24
Net buy/sell shares
-14,708 shares
Transaction summary net buy/sell direction classified as net-sell
Key Terms
bona fide gift, open market or private transaction, Common Stock
3 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
open market or private transaction financial
"transaction_code_description: "Sale in open market or private transaction""
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transactions did GNW executive Melissa Hagerman report on this Form 4?
Melissa Hagerman reported two transactions on 2026-08-24 involving GENWORTH FINANCIAL INC (GNW) Common Stock: a sale of 14,708 shares at $9.915 per share and a bona fide gift of 11,000 shares to a charitable organization.
Did the GNW insider transaction include any gifts of stock?
Yes. On 2026-08-24, Melissa Hagerman reported a bona fide gift of 11,000 shares of GENWORTH FINANCIAL INC (GNW) Common Stock. A footnote states these shares represent a gift to a charitable organization, with a reported per-share price of $0.00.
Was Melissa Hagerman’s GNW Form 4 filed under a Rule 10b5-1 trading plan?
The Form 4 for GENWORTH FINANCIAL INC (GNW) indicates the Rule 10b5-1 trading plan checkbox is not marked as being pursuant to such a plan, and there is no footnote stating that the reported transactions were executed under a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.