RESTREPO ROBERT P JR 4

What Happened
Robert P. Restrepo Jr, a director of Genworth Financial, sold 50,000 shares in an open-market transaction on May 22, 2026. The weighted average sale price was $9.12 per share, generating total proceeds of approximately $456,055. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: 2026-05-22 (reported on Form 4 filed 2026-05-26).
• Transaction type: Open-market sale (code S).
• Shares sold: 50,000; weighted average price: $9.12; total proceeds reported: $456,055.
• Price range (footnote): broker-assisted trades ranged from $9.11 to $9.135; reporting person offers to provide per-price breakdown on request (Footnote F1).
• Shares owned after the transaction: not specified in the provided excerpt.
• No 10b5-1 plan, tax-withholding, or other special instruction noted in the excerpt.
• Filing appears timely (transaction 5/22, Form 4 filed 5/26).

Context
This was a director’s open-market sale. Sales by insiders can be routine (liquidity, portfolio rebalancing, taxes) and don't necessarily signal a change in company fundamentals. Purchases typically attract more attention from retail investors as a stronger potential signal of insider confidence.