Genworth executive reports RSU grant and share tax sale
Genworth Financial executive Jamala M. Arland, President & CEO of U.S. Life Insurance, reported several equity-related transactions.
Rhea-AI Filing Summary
Genworth Financial executive Jamala M. Arland, President & CEO of U.S. Life Insurance, reported several equity-related transactions. She acquired 82,286 Restricted Stock Units at no cost, which settle into common stock on a 1:1 basis and vest in three equal installments beginning on March 2, 2027. She also acquired 24,959 shares of common stock through the exercise or conversion of a derivative security, and then disposed of 11,257 shares of common stock to cover tax withholding obligations tied to Performance Stock Units that vested on March 2, 2026. After these transactions, she directly owned 101,657 shares of Genworth common stock.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 82,286 | $0.00 | $0.00 |
| Exercise | Common Stock | 24,959 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 11,257 | $8.46 | $95K |
Footnotes (4)
- F1. 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.
- F2. 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.
- F3. Restricted Stock Units settle in Common Stock on a 1:1 basis.
- F4. Restricted Stock Units vest and convert to Common Stock in three equal installments beginning on March 2, 2027.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Jamala M. Arland report for Genworth Financial (GNW)?
How many Restricted Stock Units did Jamala M. Arland receive from Genworth Financial (GNW)?
What common stock did Jamala M. Arland acquire in the latest Genworth (GNW) Form 4?
How do Jamala M. Arland’s Restricted Stock Units in Genworth (GNW) convert to common stock?
What are the Performance Stock Units mentioned in Genworth (GNW) insider filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.