Gen Digital (GEN) Director Sue Barsamian Receives Award, Gifts Shares

What Happened
Sue Barsamian, a non-employee director of Gen Digital Inc. (GEN), was granted 9,072 restricted stock units (RSUs) on September 9, 2026, and on the same date transferred (gifted) 8,822 shares into a family trust. The RSUs were reported at $0 (standard for awards) and the gift transactions show $0 consideration — these were non-market transfers, not open-market buys or sales.

Key Details

• Transaction date: 2026-09-09; Form 4 filed 2026-09-11 (appears timely).
• Grant: 9,072 RSUs (code A) at $0.00. Vesting: 100% vest on the earlier of September 9, 2027 or the next annual meeting, subject to continued service (footnote F1).
• Gift/transfer: 8,822 shares reported as gifted/disposed by Barsamian and 8,822 shares reported as acquired by a family trust (code G) at $0.00 (footnote F2 indicates transfer to a family trust over which she retains voting power).
• Shares owned after transaction: not specified in the filing.
• Remarks: Exhibit 24 (Power of Attorney) included.

Context

• The RSU grant is a routine annual non-employee director equity award and will vest only if Barsamian remains in service through the vesting date.
• The transfer to a family trust is a non-cash gift/estate-planning move and should not be read as a market sentiment signal.