Sarsynski Elaine A 4
Research Summary
AI-generated summary
Genworth (GNW) Director Elaine Sarsynski Receives RSU Award
What Happened
- Elaine A. Sarsynski, a director of Genworth Financial, was granted 32,100 restricted stock units (RSUs) on 2026-05-20. The award was valued at $9.03 per share for a total grant value of $290,007. This was an award/compensation grant (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-05-20; Form filed 2026-05-21 (timely).
- Transaction type/code: Grant/Award (A).
- Amount: 32,100 RSUs at $9.03 per share; total value $290,007.
- Shares owned after transaction: Not reported in this filing.
- Footnotes:
- F1: RSUs were granted as payment of part of the annual retainer; they vest one year after grant and convert to shares on vesting unless the director elected to defer receipt.
- F2: The $9.03 unit value reflects the 20‑day average trading price used to calculate the RSU count.
- Filing timeliness: No late filing indicated.
Context
- RSU grants are compensation and typically vest over time; they do not represent an immediate cash purchase by the insider. For retail investors, awards can signal standard board compensation and potential future share issuance upon vesting, but they are not direct indicators of the director buying or selling stock.