Becker Scott E 4
Research Summary
AI-generated summary
GENESCO (GCO) SVP Scott Becker Withholds 1,062 Shares for Taxes
What Happened
Scott E. Becker, SVP, Secretary & General Counsel of GENESCO (GCO), had 1,062 shares withheld to satisfy tax withholding upon the vesting of restricted stock. The shares were valued at $28.93 each, for a total withholding value of $30,724. This was a tax-withholding disposition, not an open-market sale.
Key Details
- Transaction date: 2026-02-01; Price per share: $28.93; Shares withheld/disposed: 1,062; Total value: $30,724.
- Transaction code: F (shares withheld to satisfy tax withholding).
- Footnote: Shares were withheld to satisfy minimum tax withholding liability upon the vesting of restricted stock granted under the Second Amended and Restated 2020 Equity Incentive Plan.
- Shares owned after transaction: Not reported on this Form 4.
- Filing: Form 4 filed 2026-02-02 for a 2026-02-01 transaction — appears to be filed timely.
Context
Tax-withholding events on vested restricted stock are administrative and do not necessarily signal insider sentiment; the company retains or cancels the withheld shares to cover tax obligations rather than the insider selling shares on the open market. Transaction code F denotes this routine tax withholding.