Form 4: Genworth Financial EVP Upton Reports Stock Transactions

Jerome T. Upton, EVP & Chief Financial Officer of Genworth Financial, reports transactions involving restricted stock units and common stock on February 14, 2025.

Summary

• On February 14, 2025, Jerome T. Upton, EVP & Chief Financial Officer of Genworth Financial, engaged in transactions involving Genworth Financial's common stock.
• These transactions included the vesting and conversion of 36,486 and 20,576 Restricted Stock Units (RSUs) into common stock.
• The company withheld 9,768 and 5,509 shares of common stock to cover tax obligations related to the RSU vesting at a price of $7.3.
• Following these transactions, Upton directly owns 378,436 shares of Genworth Financial common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the executive's stock ownership.

Key Dates

Keywords

Genworth Financial, Jerome T. Upton, EVP, Chief Financial Officer, Stock Transactions, Restricted Stock Units, Common Stock, Vesting, Tax Withholding