GENWORTH FINANCIAL INC·4

Feb 27, 5:09 PM ET

Shah Samir B. 4

Research Summary

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Updated

Genworth (GNW) Executive Samir B. Shah Receives RSU Award

What Happened

  • Samir B. Shah (President & CEO, CareScout Services) had restricted stock units (RSUs) vest and convert into common stock on February 26, 2026. A total of 80,937 shares were acquired on vesting. To cover tax withholding, the company withheld 29,227 of those shares, resulting in cashless tax withholding of approximately $251,936.74 (29,227 shares at $8.62 each). Net increase to his holdings from this vesting was 51,710 shares.

Key Details

  • Transaction date: February 26, 2026 (reported Feb 27, 2026).
  • What occurred: RSUs vested and converted to common stock (transaction code M); shares withheld to satisfy tax withholding (transaction code F).
  • Shares acquired on vesting: 80,937 (43,431 + 37,506).
  • Shares withheld for taxes (disposed): 29,227 (15,683 + 13,544) at $8.62 per share, totaling ~$251,937.
  • Shares owned after transaction: not disclosed in the provided excerpt of the Form 4.
  • Footnotes: F1–F3 confirm RSUs settle 1:1 into common stock, the RSUs vested and converted on Feb 26, 2026, and the company withheld shares to satisfy the tax withholding obligation.
  • Timeliness: Filing appears timely (transaction dated 2/26/2026; Form 4 filed 2/27/2026).

Context

  • This was not an open-market sale or purchase but routine RSU vesting with shares withheld to pay taxes (a cashless withholding). Such withholding is common and does not necessarily signal a buy or sell decision by the executive.

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