Arland Jamala M. 4

What Happened

• Arland Jamala M., President & CEO, U.S. Life Insurance at Genworth Financial (GNW), had 10,946 restricted stock units (RSUs) vest and convert into common stock on February 13, 2026. The filing shows 10,946 shares were acquired via conversion (transaction code M).
• To cover the tax withholding obligation on the vested RSUs, the company withheld 3,843 shares at $8.92 per share, a withholding value of $34,280 (transaction code F). The withheld shares are reported as disposed solely to satisfy taxes.

Key Details

• Transaction date: February 13, 2026.
• RSUs converted to common stock on a 1:1 basis (Footnotes F1 and F3).
• Tax withholding: 3,843 shares withheld at $8.92/share for $34,280 (Footnote F2).
• Transaction codes: M = exercise/conversion of derivative (RSU vesting); F = shares withheld to satisfy tax withholding.
• Shares owned after the transaction: not specified in this Form 4 filing.
• Filing date: February 18, 2026 — appears to have been filed within the normal Form 4 reporting window.

Context

• This was not an open-market sale or purchase by the insider but a routine conversion of RSUs upon vesting and a cashless-type withholding to cover taxes. Such withholdings are common and generally reflect tax obligations rather than a discretionary sale or buy decision.
• For retail investors, note that receiving vested RSUs increases an insider’s equity stake before withholding; withheld shares reduce the net shares delivered to the insider.