secwatch.observer — SEC 8-K summary
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Issuer:     GENESCO INC (GCO)
CIK:        0000018498
Form:       8-K
Filed at:   2026-04-08T23:59:59+00:00
Accession:  0001193125-26-147591
Event type: other
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Genesco adopts new Short-Term Incentive Plan for FY2027, replacing EVA Plan
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- STIP effective FY2027; replaces Fourth Amended and Restated EVA Plan.
- Awards based on financial, operational, and strategic performance metrics set by Compensation Committee.
- Target awards as % of salary or fixed dollar; maximum payout 3x target.
- 75% of bonus tied to business-unit performance, 25% to individual goals; Committee may reduce payouts.
- Clawback and forfeiture provisions included; 120-day employment minimum for eligibility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/18498/000119312526147591/0001193125-26-147591-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/18498/000119312526147591/gco-20260408.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-147591

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer