Genworth (GNW) EVP Melissa Hagerman Sells 14,708 Shares, Gifts 11,000

What Happened

• Melissa Hagerman, EVP and Chief Human Resources Officer of Genworth Financial, reported two transactions on 2026-08-24: an open-market sale of 14,708 shares at $9.91 each for proceeds of $145,830, and a gift of 11,000 shares. The gift was reported with a footnote indicating it was made to a charitable organization. The filings were submitted on 2026-08-25.

Key Details

• Transaction dates and prices: 2026-08-24 — Sale: 14,708 shares @ $9.91 ($145,830); Gift: 11,000 shares @ $0.00 (charitable gift).
• Transaction types: S = Sale (open market); G = Gift (charitable donation per footnote F1).
• Shares owned after transaction: Not disclosed in the Form 4 provided.
• Filing timeliness: Report filed 2026-08-25 for 2026-08-24 transactions — appears to have been filed promptly (not marked late).
• Footnote: F1 — the 11,000 shares were gifted to a charitable organization.

Context

• Sales reduce insider holdings and are common for liquidity or diversification; a sale alone is not conclusive evidence of sentiment.
• Gifts to charity are not a market-sentiment signal and can reflect personal philanthropic or tax-planning decisions.