Nanduru Anil 4
Research Summary
AI-generated summary
Genpact SVP Nanduru Anil Withholds 7,663 Shares for Taxes
What Happened
- Nanduru Anil, Senior Vice President at Genpact (G), had 7,663 shares disposed/withheld on March 10, 2026 to cover tax obligations tied to the vesting of performance share units. The shares are reported at $38.92 each, for a total value of $298,244. This was a tax-withholding disposition (routine), not a market sell intended as a directional trade.
Key Details
- Transaction date and price: March 10, 2026 — 7,663 shares at $38.92 per share.
- Transaction value: $298,244 (gross value of shares withheld).
- Shares owned after the transaction: Not specified in the Form 4 filing.
- Footnote: F1 — Shares were withheld to pay taxes upon vesting of performance share units granted on March 15, 2023 under the Genpact Limited 2017 Omnibus Incentive Compensation Plan.
- Filing timeliness: Form 4 was filed on March 12, 2026 (two days after the transaction), which is consistent with normal Form 4 timing.
Context
- This was a tax-withholding event tied to vested performance awards (a common administrative action). It reflects shares surrendered to cover tax liability rather than an open-market sale or a buy signal. Such withholdings are routine and generally not interpreted as a change in insider sentiment.