4Accepted Sep 8, 4:15 PM ET
Genworth (GNW) CEO Thomas J. McInerney Sells 100,000 Shares
Accepted (ET)
4:15 PM
Sep 8, 2026
Filed
Sep 8, 2026
Documents
1
Size
5.8 KB
Summary
Genworth (GNW) CEO Thomas J. McInerney Sells 100,000 Shares
What Happened
- Thomas J. McInerney, President and CEO and a director of Genworth Financial, reported an open-market sale of 100,000 common shares on 2026-09-03. The weighted average sale price was $10.53 per share, for proceeds of approximately $1,052,600.
- This was a sale (disposition) — sales are often routine liquidity events and are generally less informative about future company performance than purchases.
Key Details
- Transaction date: 2026-09-03; Form 4 filed: 2026-09-08.
- Price: weighted average $10.53 per share; broker-assisted trades ranged from $10.495 to $10.54 (see footnote).
- Total proceeds: ~$1,052,600.
- Shares owned after transaction: not specified in the disclosed excerpt of the filing.
- Footnote: the reported price is a weighted average from a series of broker-assisted transactions; the reporting person has offered to provide the number of shares sold at each separate price on request by the SEC, the issuer, or any security holder.
- No 10b5-1 plan, tax-withholding, gift, or option-exercise notation is indicated in the provided details.
Context
- Sales by executives can reflect personal financial decisions (diversification, taxes, estate planning) and do not necessarily indicate a change in company outlook. Purchases tend to be more indicative of insider confidence.
- If you want the precise per-trade breakdown or the insider’s remaining holdings, you can request the additional detail referenced in the footnote or check the full Form 4 filing on the SEC EDGAR system.