Form 4: Genesco Inc. Executive Scott E. Becker Reports Stock Grant and Tax Withholding

Scott E. Becker, SVP, Secretary & General Counsel of Genesco Inc., reports the acquisition of 8,594 shares of common stock through a restricted stock grant and the disposal of 1,248 shares to cover tax obligations.

Summary

• On April 4, 2025, Scott E. Becker, SVP, Secretary & General Counsel of Genesco Inc. (GCO), acquired 8,594 shares of common stock due to a restricted stock grant under the company's 2020 Equity Incentive Plan.
• On the same day, Becker disposed of 1,248 shares of common stock to satisfy minimum tax withholding liabilities related to the vesting of restricted stock.
• Following these transactions, Becker beneficially owns 61,354 shares of Genesco Inc. common stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing reflects standard executive compensation practices and tax obligations.

Positives

• The grant of restricted stock to a key executive suggests the company's commitment to aligning management's interests with those of shareholders.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates stock-based compensation and tax-related transactions, which are common practices.

Stakeholder Impact

• The stock grant aligns executive compensation with company performance, potentially benefiting shareholders.

Key Dates

Keywords

Form 4, Beneficial Ownership, Genesco Inc, GCO, Scott E. Becker, Restricted Stock, Tax Withholding, Equity Incentive Plan