GENWORTH FINANCIAL INC·4

Feb 27, 5:09 PM ET

Saltzgaber Kelly A 4

4 · GENWORTH FINANCIAL INC · Filed Feb 27, 2026

Research Summary

AI-generated summary of this filing

Updated

Genworth (GNW) EVP Kelly Saltzgaber Receives RSUs; Withholds 16,654 Shares

What Happened

  • Kelly A. Saltzgaber, EVP & Chief Investment Officer of Genworth Financial (GNW), had restricted stock units (RSUs) vest and convert into 57,445 shares of common stock on February 26, 2026. Of those, the company withheld 16,654 shares to satisfy tax-withholding obligations, valued at $8.62 per share for a total of about $143,557.
  • The filing reports conversion/settlement of RSUs (transaction code M) and the withholding/tax payment (transaction code F). This was a vesting/net-settlement event (award conversion and tax withholding), not an open-market sale or purchase.

Key Details

  • Transaction date: February 26, 2026; Form 4 filed February 27, 2026 (appears timely).
  • RSUs vested/converted: 29,316 and 28,129 shares = 57,445 total.
  • Shares withheld for taxes: 8,499 and 8,155 shares = 16,654 total; withholding price reported $8.62/share; totals $73,261 and $70,296 (combined ~$143,557).
  • Transaction codes: M = exercise/conversion of derivative (RSU conversion to common stock); F = payment of tax liability via share withholding.
  • Shares owned after the transaction: not specified in the provided filing.
  • Footnotes: RSUs settle 1:1 into common stock; withholding was done to satisfy tax liability for the RSUs that vested on Feb 26, 2026.

Context

  • This was a routine vesting and net-share settlement to cover taxes (company withheld shares), not an open-market sale or buy. Such withholding is common with RSU vesting and does not, by itself, indicate the insider is buying or selling shares on the market.

Insider Transaction Report

Form 4
Period: 2026-02-26
Saltzgaber Kelly A
EVP & Chief Investment Officer
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-26+29,31697,588 total
  • Tax Payment

    Common Stock

    [F2]
    2026-02-26$8.62/sh8,499$73,26189,089 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-26+28,129117,218 total
  • Tax Payment

    Common Stock

    [F2]
    2026-02-26$8.62/sh8,155$70,296109,063 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F3]
    2026-02-2629,31629,316 total
    Common Stock (29,316 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F3]
    2026-02-2628,12956,259 total
    Common Stock (28,129 underlying)
Footnotes (3)
  • [F1]Restricted Stock Units settle in Common Stock on a 1:1 basis.
  • [F2]The Company withheld shares of Common Stock to satisfy the tax withholding obligation for the Reporting Person's Restricted Stock Units that vested on February 26, 2026.
  • [F3]Restricted Stock Units vested and converted to Common Stock on February 26, 2026.
Signature
/s/ Jasmine E. Taylor, by power of attorney|2026-02-27

Documents

1 file
  • 4
    wk-form4_1772230151.xmlPrimary

    FORM 4