DERSE NATALIE MARIE 4
Research Summary
AI-generated summary
Gen Digital (GEN) CFO Natalie Derse Receives 135,118 RSUs
What Happened Natalie Derse, Chief Financial Officer of Gen Digital Inc. (GEN), received a grant of 135,118 restricted stock units (RSUs) on May 8, 2026. The RSUs were reported as an award (transaction code A) with a reported acquisition price of $0.00 (i.e., a compensation grant rather than a market purchase). Because this is an equity award, it is not a purchase or sale of existing shares but a compensation grant that will convert to shares only as it vests.
Key Details
- Transaction date: May 8, 2026; Form 4 filed May 12, 2026 (filed within the required two business days).
- Amount granted: 135,118 RSUs; reported acquisition price: $0.00.
- Shares owned after transaction: Not specified in the provided summary of the filing.
- Footnote: RSUs vest in three installments — 33% on May 1, 2027; 33% on May 1, 2028; and 34% on May 1, 2029 — contingent on continued service through each vesting date (per footnote F1).
- Transaction code: A (award/grant). No 10b5-1 plan, tax-withholding, or late filing indicated in the filing summary provided.
Context RSU grants are a routine form of executive compensation and do not represent an immediate buy or sell signal. The RSUs will only become actual shares (and potentially taxable) as they vest on the dates above, assuming continued employment. Because no sale or purchase occurred, this filing reflects compensation alignment with company incentives rather than an open-market insider transaction.