GENESCO INC·4

Feb 2, 4:05 PM ET

VAUGHN MIMI ECKEL 4

Research Summary

AI-generated summary

Updated

Genesco (GCO) CEO Mimi Eckel Vaughn Sells 6,179 Shares (Tax Withholding)

What Happened
Mimi Eckel Vaughn, Genesco’s Board Chair, President & CEO, had 6,179 shares disposed on Feb 1, 2026 to satisfy tax withholding obligations related to vesting restricted stock. The withholding occurred at $28.93 per share for a total value of approximately $178,758. This transaction is a routine tax-withholding event (transaction code F), not an open-market sale initiated as a cash-generating trade.

Key Details

  • Transaction date: 2026-02-01; Form 4 filed 2026-02-02 (timely filing).
  • Price: $28.93 per share; Shares withheld/disposed: 6,179; Total value: ~$178,758.
  • Shares owned after transaction: not reported in this filing.
  • Footnote: F1 — shares were withheld to satisfy minimum tax withholding liability upon vesting of restricted stock under the company’s 2020 Equity Incentive Plan.
  • Transaction code: F (tax withholding to cover tax liability on vested awards).

Context
This was a withholding of vested restricted stock to cover taxes (a common administrative action), not a discretionary sale signaling insider sentiment. For retail investors, purchases are typically more informative than tax-withholding disposals.