Gen Digital (GEN) Director Eric Brandt Receives Award, Transfers Shares

What Happened

• Eric Brandt, a director of Gen Digital Inc. (GEN), was granted 9,072 restricted stock units (RSUs) on 2026-09-09 (award, acquired at $0.00). On the same date he transferred 8,822 shares via a gift disposition to a family trust (the filing records both the disposition by Brandt and the acquisition by the trust at $0.00).
• The RSU grant is an annual non-employee director equity award; the filing lists the grant price as $0.00 (standard for RSU grants) and does not state a dollar value. The 8,822-share movement reflects a transfer to a family trust over which Brandt retains voting power.

Key Details

• Transaction date: 2026-09-09; Form 4 filed: 2026-09-11 (timely filing).
• Award: 9,072 RSUs granted (Acquisition code A) at $0.00; vesting: 100% on earlier of Sept 9, 2027 or next annual meeting, subject to continued service (Footnote F1).
• Transfer: 8,822 shares moved by gift to a family trust (Disposition code G and corresponding Acquisition code G for the trust); reporting person retains voting power over the trust (Footnote F2).
• Shares owned after transaction: not specified in this Form 4; see the company’s filings for total beneficial ownership.
• Exhibit: Power of Attorney referenced (Exhibit 24).

Context

• RSU grants are standard compensation for non-employee directors and vest in the future; they are awards, not open‑market purchases. Gifts/transfers to a family trust are typically estate or ownership-structure moves and do not necessarily signal a view on the company’s stock price.