Form 4: Genpact LTD Executive Sameer Dewan Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Senior Vice President Sameer Dewan reports a transaction involving the disposal of Genpact LTD common shares to cover tax obligations upon vesting of restricted share units and performance share units.
Summary
- On January 10, 2025, Sameer Dewan, a Senior Vice President at Genpact LTD, disposed of 13,377 common shares.
- The shares were disposed of at a price of $43.34 per share.
- This transaction was to cover tax obligations related to the vesting of restricted share units and performance share units under the Genpact Limited 2017 Omnibus Incentive Compensation Plan.
- Following the transaction, Dewan beneficially owns 98,467 common shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to insider transactions. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to insider transactions and is a standard practice for executives holding company stock. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes and does not indicate a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 01/10/2025 | Date of transaction: Disposal of 13,377 common shares. |
| 01/14/2025 | Date of signature for the Form 4 filing. |
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