Gen Digital Inc. Director Receives Annual Equity Grants
Gen Digital Inc.
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Filing Summary
📊 Form 4 Filing Alert: Gen Digital Inc. ($GEN) Insider: Sherrese M. Smith (Director) Transaction: Grant / Award of 10,752 shares of Common Stock (RSUs) at $0.00 Date: 2026-09-09 Post-Transaction Holdings: 84,634 shares Significance: Low (Routine annual non-employee director equity grant and retainer fee)
Comprehensive Analysis
Insider Transaction Analysis: Gen Digital Inc. ($GEN)
Summary
On September 9, 2026, Director Sherrese M. Smith received equity awards totaling 10,752 shares of Gen Digital Inc. Common Stock in the form of Restricted Stock Units (RSUs) at an exercise/acquisition price of $0.00 per share. Following these transactions, Smith directly holds 84,634 shares of common stock.
Details of the Transactions
- Annual Equity Award: 9,072 RSUs granted as part of the annual non-employee director equity compensation program. These RSUs vest 100% on the earlier of September 9, 2027, or the company's next annual meeting.
- Retainer Fee Grant: 1,680 RSUs granted in lieu of cash retainer fees. These RSUs vest in four equal quarterly installments (25% each) on December 1, 2026, March 1, 2027, June 1, 2027, and September 1, 2027.
Market Impact & Trading Significance
- Significance Level: Low
- Context: These transactions represent standard, non-discretionary annual compensation for board service rather than open-market purchases or sales. As routine director compensation, this filing conveys neutral sentiment and does not signal market-driven insider conviction.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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