McGinnis John T 4
Research Summary
AI-generated summary
ManpowerGroup CFO John McGinnis Withholds 4,943 Shares for Taxes
What Happened
- John T. McGinnis, EVP and Chief Financial Officer of ManpowerGroup (MAN), had 4,943 shares withheld by the company on Feb 19, 2026 to satisfy tax withholding related to performance share units that vested. The filing reports a per-share amount of $29.48, for a total value of $145,720 (disposition code F — payment of tax liability).
Key Details
- Transaction date: 2026-02-19; Form 4 filed: 2026-02-20 (timely).
- Price used: $29.48 (footnote notes this represents the NYSE closing price on Feb 18, 2026).
- Shares involved: 4,943 shares withheld (disposed) to cover taxes on PSUs that vested Feb 13, 2026.
- Footnotes: F1 — issuer withheld shares to satisfy tax withholding on PSUs settled Feb 19, 2026; F2 — price equals NYSE close on Feb 18, 2026.
- Shares owned after transaction: not specified in the information provided.
- Transaction code: F (payment of exercise price or tax liability) — a withholding, not an open-market sale.
Context
- This was a routine tax-withholding/net settlement following PSU vesting, not an open-market sale or purchase. Withheld shares are commonly used to cover withholding obligations and typically do not signal the insider’s view of the company.