Gregory S. Karawan, Executive Vice President and General Counsel of Genworth Financial Inc (NYSE: GNW), sold 40,000 common shares on August 21, 2026, for a total consideration of $396,472. The weighted average sale price was $9.9118 per share, with individual transactions ranging from $9.89 to $9.925. The stock last traded at $9.89, below its 52-week high of $10.28.
Following the disposition, Karawan holds 343,121 shares directly and an additional 4,723.871 shares indirectly through a 401(k) plan. The transaction was disclosed in a regulatory filing and does not indicate a change in strategic direction.
Genworth reported adjusted operating earnings of $0.29 per share in the second quarter of 2026, exceeding Wall Street's forecast of $0.12 per share. Revenue from CareScout Services, a subsidiary, reached $6 million during the quarter. The company noted strong performance in its mortgage-insurance unit, which offset losses in the legacy long-term-care segment. Genworth's P/E ratio stands at 19.43, with a PEG ratio of 0.84.
