Kalra Balkrishan 4

What Happened
Kalra Balkrishan, President and CEO of Genpact Ltd (G), had 13,893 shares withheld to satisfy tax withholding associated with vested performance share units. The withholding was reported as a disposition (code F) at a per-share value of $38.92, for a total value of $540,716. This was a tax-withholding event tied to compensation vesting, not an open-market sale or purchase.

Key Details

• Transaction date and price: 2026-03-10; 13,893 shares at $38.92 per share (total ~$540,716).
• Transaction type/code: Tax withholding of shares upon vesting (Form 4 code F).
• Footnote: Shares were withheld to pay taxes upon vesting of performance share units granted March 15, 2023 under the Genpact Limited 2017 Omnibus Incentive Compensation Plan.
• Shares owned after transaction: Not specified in the reported Form 4.
• Filing timeliness: Report filed 2026-03-12 (two days after the transaction), consistent with typical Form 4 timing requirements.

Context
Withholding shares to cover taxes on vested equity awards is a routine corporate compensation event and does not necessarily signal the insider’s view on the company’s near-term prospects. This was not a market sale or a new purchase — it reduced outstanding shares held by the insider solely to meet tax obligations associated with PSU vesting.