Vlcek Ondrej 4
Research Summary
AI-generated summary
Gen Digital (GEN) Director Ondrej Vlcek Withholds 128 Shares for Taxes
What Happened Ondrej Vlcek, a director of Gen Digital Inc. (GEN), had 128 restricted stock units (RSU) shares withheld by the company on March 1, 2026 to satisfy income tax withholding obligations. The withholding was done at $22.57 per share for a total of $2,889. This was a tax-withholding/net-settlement of RSUs (transaction code F) and is not a market sale by the insider.
Key Details
- Transaction date: 2026-03-01; Filing date: 2026-03-03 (Form 4 accession 0000849399-26-000009).
- Shares withheld: 128; Price used for withholding: $22.57; Aggregate value: $2,889.
- Shares owned after transaction: Not specified in the provided filing.
- Transaction code/footnote: Code F — shares were withheld to satisfy income tax withholding on RSU net settlement; per footnote, this does not represent a sale.
- Timeliness: Filed on 2026-03-03 (report lists the transaction date as 2026-03-01).
Context Withholding shares to cover taxes on vested RSUs is a routine administrative action and does not necessarily signal insider sentiment about the company's stock. For retail investors, purchase transactions tend to be more informative than tax-withholding events like this one.