Gen Digital (GEN) Director Ondrej Vlcek Receives RSU Award

What Happened

• Ondrej Vlcek, a director of Gen Digital, was granted 9,072 restricted stock units (RSUs) on 2026-09-09 (award code A). Simultaneously, 2,647 shares were withheld to satisfy tax withholding obligations at a withholding value of $29.76 per share (code F), totaling approximately $78,775. The RSUs were granted at $0.00 (typical for equity awards).

Key Details

• Transaction dates: grant and withholding both dated 2026-09-09; Form 4 filed 2026-09-11.
• Award: 9,072 RSUs (acquisition code A), grant price $0.00.
• Tax withholding: 2,647 shares withheld at $29.76/share, value ≈ $78,775 (code F). This withholding is not a market sale but a remittance to cover taxes.
• Vesting: RSUs vest 100% on the earlier of September 9, 2027 or the next annual meeting, subject to continued service (footnote).
• Shares owned after the transaction: not specified in the provided filing details.
• Timeliness: filing date 2026-09-11; no late filing flag indicated in the provided information.

Context

• This was an equity award to a non-employee director (routine compensation), not an open-market purchase or a directional sale. The withholding is a standard net-settlement to cover tax liabilities and does not necessarily indicate a decision to sell shares for investment reasons.