Genpact (G) CFO Sumita Pandit Receives RSU Award (76,713 shares)
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Genpact (G) CFO Sumita Pandit Receives RSU Award (76,713 shares)
What Happened
Sumita Pandit, Chief Financial Officer of Genpact Limited (ticker: G), was granted 76,713 restricted share units (RSUs) on September 9, 2026. The Form 4 reports the grant as an award (transaction code A) at $0.00 per share (typical for equity compensation grants); the filing shows acquisition of 76,713 RSUs rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-09-09; Form 4 filed: 2026-09-11 (appears timely; Form 4s are generally due within 2 business days).
- Transaction type/code: Award/Grant (A). Price reported: $0.00. Quantity: 76,713 RSUs.
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnote: RSUs granted under the Genpact Limited 2017 Omnibus Incentive Compensation Plan. Vesting: one‑third on each of Sept 9, 2027, 2028 and 2029, subject to continued service (see footnote F1).
- No 10b5-1 plan, tax‑withholding sale, or immediate sale noted in the filing.
Context
RSUs are a form of equity compensation that convert into common shares upon vesting; they are awarded as part of compensation and do not represent an open‑market purchase signal. Because these RSUs vest over three years, they indicate future potential share issuance to the insider contingent on continued employment rather than an immediate change in beneficial ownership.