Van Wyk Steven C. 4
4 · GENWORTH FINANCIAL INC · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Genworth (GNW) Director Steven C. Van Wyk Receives RSU Award
What Happened Steven C. Van Wyk, a director of Genworth Financial, was granted 32,100 restricted stock units (RSUs) on May 20, 2026. The grant was recorded at a per-share valuation of $9.03, for a total value of $290,007. This is an award/grant (A) reported on the Form 4 and represents compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-20; Form filed: 2026-05-21 (timely filing).
- Transaction type/code: Award/Grant (A) — 32,100 RSUs acquired at $9.03 per share (total $290,007).
- Footnote F1: These RSUs were awarded as payment for part of Van Wyk’s annual director retainer; they vest on the one-year anniversary of the grant and convert to common shares on vesting unless the director elected to defer receipt.
- Footnote F2: The number of RSUs was determined using the 20-day average trading price per share.
- Shares owned after transaction: Not specified in the provided filing details.
- No 10b5-1 plan, tax-withholding sale, or sale-of-shares-on-exercise noted in the provided data.
Context RSU grants are a form of compensation and usually indicate ongoing director pay rather than a market signal of buying or selling. These RSUs will convert into actual Genworth shares only if/when they vest (one year after the grant) or per any deferral election; they were not sold or purchased in the open market at the time of the grant.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-05-20$9.03/sh+32,100$290,007→ 77,675.883 total
Footnotes (2)
- [F1]Reflects award of restricted stock units (RSUs) in payment of a portion of the reporting person's annual retainer fee. The RSUs vest on the one-year anniversary of the grant date, and convert to shares of Common Stock upon vesting (unless the reporting person elected to defer receipt of the shares until termination of service as a director or to a future specified year).
- [F2]Reflects the twenty-day average trading price per share of Common Stock, which was used to determine the number of RSUs granted.