Conrad G Kent 4
Research Summary
AI-generated summary
Genworth (GNW) Director Conrad G. Kent Receives RSU Award
What Happened Conrad G. Kent, a director of Genworth Financial, was granted 18,264 restricted stock units (RSUs) on 2026-05-20. The filing lists the award at $9.03 per share for a total value of $165,006. This was an award/grant (transaction code A) issued as part of director compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-20; Form 4 filed: 2026-05-21 (no late filing indicated).
- Award: 18,264 RSUs at $9.03 per share, total value $165,006. Footnote indicates $9.03 is the 20-day average trading price used to determine the grant size.
- Vesting: RSUs vest on the one-year anniversary of the grant and convert to common stock upon vesting (unless the director elected to defer receipt until termination of service or a future year).
- Post-transaction holdings: Not specified in the provided filing.
- No 10b5-1 plan, tax-withholding sale, or other special conditions were reported in the filing.
Context This is a compensation award (not a purchase or sale). RSU grants to non-employee directors are common and reflect routine compensation; they do not necessarily indicate a change in insider sentiment. The shares will only become actual common stock if and when the RSUs vest or are distributed under any deferral election.