Vlcek Ondrej 4

What Happened

• Ondrej Vlcek, a director of Gen Digital Inc. (GEN), had 128 restricted stock unit (RSU) shares withheld by the issuer to satisfy tax withholding obligations in connection with RSU vesting. The withholding was reported as a disposition at $27.76 per share, totaling $3,553.
• This transaction reflects tax withholding on net-settled RSUs rather than an open-market sale.

Key Details

• Transaction date and price: June 1, 2026 — 128 shares at $27.76 each.
• Reported value: $3,553 (gross based on per-share price).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: F1 — shares were withheld by the issuer to satisfy the reporting person's income tax withholding and remittance obligations for net-settled RSUs; this does not represent a sale.
• Filing timeliness: Report filed June 3, 2026; appears timely (Form 4 is due within two business days of the transaction).

Context

• This is a routine tax-withholding event tied to RSU vesting (a form of compensation). Withholding reduces the insider’s net share delivery but is not a market sale and generally does not signal a change in the director’s view of the company.
• For retail investors: such withholdings are common after RSU vesting and typically reflect tax logistics rather than trading intent.