Desai Parag 4

What Happened
Parag Desai, SVP and Chief Strategy & Digital Officer of Genesco (GCO), had 547 shares withheld on June 26, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock. The shares were valued at $36.18 each, totaling approximately $19,790. This is a tax-withholding disposition (not an open-market sale or a purchase).

Key Details

• Transaction date: 2026-06-26
• Transaction type/code: Shares withheld for tax withholding (Form 4 code F)
• Shares withheld/disposed: 547 shares at $36.18 per share; total ~$19,790
• Footnote: Shares were withheld to satisfy minimum tax withholding liability upon the vesting of restricted stock under the company's 2020 Equity Incentive Plan (F1).
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: No late-filing flag noted in the provided details.

Context
Withholding shares to cover taxes on vested awards is a routine administrative action and does not necessarily indicate a change in the insider's view of the company. It is distinct from an intentional sale (which may signal liquidity-taking) or a purchase (which can be a bullish signal).