Gen Digital Director Vlcek Withholds 128 Shares for Taxes

What Happened Ondrej Vlcek, a director of Gen Digital Inc. (GEN), had 128 restricted stock unit (RSU) shares withheld to satisfy income tax withholding following a net settlement. The withholding was recorded at $30.02 per share, totaling $3,843. This was a tax-withholding/net-settlement action, not an open-market sale.

Key Details

• Transaction date: 2026-09-01; Form 4 filed: 2026-09-03 (filed within the normal reporting window).
• Withheld: 128 shares at $30.02 per share, total value $3,843.
• Shares owned after transaction: Not disclosed in the provided filing details.
• Footnote: F1 — shares were withheld by the issuer to satisfy the reporting person's income tax withholding and remittance obligations in connection with the net settlement of RSUs; this does not represent a sale.
• Transaction code: F (tax withholding/net settlement).

Context This was a net settlement of RSUs where the company retained (withheld) a portion of shares to cover the tax bill—commonly done instead of paying cash. Such withholding reduces the number of shares the insider receives but is routine and not an indication of buying or selling sentiment.