Gen Digital Director Pavel Baudis Receives RSU Award

What Happened Pavel Baudis, a director of Gen Digital Inc. (GEN), received an annual non-employee director equity award of 9,072 restricted stock units (RSUs) on September 9, 2026. To satisfy income tax withholding associated with the net settlement of these RSUs, 2,647 shares were withheld by the issuer at a reported value/price of $29.76 per share, totaling $78,775. The RSUs were granted at $0.00 (typical for awards).

Key Details

• Transaction date(s): 2026-09-09 (grant and withholding). Filing date: 2026-09-11 (filed within the Form 4 reporting window).
• Grant: 9,072 RSUs acquired (reporting code A) at $0.00.
• Withholding: 2,647 shares withheld (reporting code F) at $29.76/share = $78,775 (this is a tax withholding, not an open-market sale).
• Vesting: Footnote F1 — RSUs vest 100% on the earlier of September 9, 2027 or the next annual meeting, subject to continued service.
• Post-transaction holdings: Not specified in the filing.
• Other: Exhibit 24 (Power of Attorney) attached.

Context This is an annual director RSU award (routine compensation), not a purchase or market sale. The withheld shares represent tax withholding on the award and do not indicate a directional trade by the director. Purchases by insiders typically carry more informational weight for investors than routine awards or tax withholdings.