Gen Digital Director Pavel Baudis Receives Annual Director Equity Grant
Gen Digital Inc.
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Filing Summary
š Form 4 Filing: Gen Digital Inc. ($GEN) š¤ Insider: Pavel Baudis (Director) š Transaction Date: 2026-09-09
Transactions: ā¢ Grant (Code A): 9,072 shares @ $0.00 ā¢ Tax Withholding (Code F): 2,647 shares @ $29.76 ($78,774.72)
Holdings Following Transactions: ā¢ Direct: 39,990 shares ā¢ Indirect (PaBa Software s.r.o.): 49,816,185 shares
Significance: Low (Routine annual director compensation and tax withholding)
Comprehensive Analysis
Executive Summary
On September 11, 2026, Gen Digital Inc. (NASDAQ: GEN) filed a Form 4 for Director Pavel Baudis reporting transactions that took place on September 9, 2026:
- Annual Equity Award (Code A): 9,072 Restricted Stock Units (RSUs) acquired at $0 per share as part of the company's annual non-employee director compensation program.
- Tax Withholding (Code F): 2,647 shares withheld at $29.76 per share (totaling approximately $78,775) to cover statutory tax obligations associated with RSU vesting.
Impact on Ownership
- Direct Ownership: Decreased to 39,990 shares of common stock following the grant and net share settlement for taxes.
- Indirect Ownership: Baudis retains indirect beneficial ownership of 49,816,185 shares through PaBa Software s.r.o.
Significance Assessment
This filing represents standard director compensation and routine tax withholding rather than discretionary open-market buying or selling. As such, the trading significance is Low.
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