Becker Scott E 4
4 · GENESCO INC · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
Genesco (GCO) SVP Scott E. Becker Withholds 1,946 Shares for Taxes
What Happened
Scott E. Becker, Senior Vice President, Secretary and General Counsel of Genesco Inc. (GCO), disposed of 1,946 shares on 2026-04-02 by withholding them to satisfy tax withholding obligations related to the vesting of restricted stock. The withholding was reported at $28.39 per share for a total value of $55,247. This was a tax-withholding disposition (routine), not an open-market sale intended to change his investment position.
Key Details
- Transaction date and price: 2026-04-02 at $28.39 per share; total value $55,247.
- Type: Shares withheld to satisfy tax liability upon vesting (transaction code F).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnote: F1 — Shares withheld to satisfy minimum tax withholding liability upon vesting of restricted stock under the Third Amended and Restated 2020 Equity Incentive Plan.
- Filing: Report filed 2026-04-06; appears to be filed timely per Form 4 reporting requirements.
Context
Withholding shares to cover tax obligations upon vesting is a common, administrative transaction and does not necessarily reflect a view on the company’s prospects. This is different from an open-market sale or a purchase — the insider did not receive cash proceeds from a deliberate sale; the shares were retained by the company/broker to meet taxes.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-04-02$28.39/sh−1,946$55,247→ 57,255 total
Footnotes (1)
- [F1]Shares withheld to satisfy minimum tax withholding liability upon the vesting of restricted stock granted under the Third Amended and Restated 2020 Equity Incentive Plan.