Form 4: Genpact Executive Anil Nanduru Reports Share Transactions
SEC Form 4 Filing
Senior Vice President Anil Nanduru reports acquisition of restricted share units and disposition of common shares.
Summary
- On March 13, 2024, Anil Nanduru, a Senior Vice President at Genpact LTD, reported transactions involving Genpact's securities.
- Nanduru acquired 58,301 common shares through an award of restricted share units (RSUs) at a price of $0.
- Nanduru also disposed of 124,755 common shares.
- Following these transactions, Nanduru beneficially owns 124,755 common shares.
- The RSUs were granted under the Genpact Limited 2017 Omnibus Incentive Compensation Plan and vest in three equal installments on January 10, 2025, January 10, 2026, and January 10, 2027, contingent upon continued service.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Future Outlook
The vesting of the RSUs is contingent upon the reporting person's continued service with Genpact through each vesting date.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of transaction: Acquisition of RSUs and disposition of common shares. |
| 03/15/2024 | Date of signature on the Form 4 filing. |
| 01/10/2025 | First vesting date for one-third of the RSU award. |
| 01/10/2026 | Second vesting date for one-third of the RSU award. |
| 01/10/2027 | Final vesting date for one-third of the RSU award. |
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