Gen Digital (GEN) CFO awarded 135,118 RSUs in new stock grant
Rhea-AI Filing Summary
DERSE NATALIE MARIE reported acquisition or exercise transactions in this Form 4 filing.
Gen Digital Inc. Chief Financial Officer Natalie Marie Derse reported receiving a grant of 135,118 shares of common stock as a stock-based compensation award. The grant is in the form of restricted stock units that vest 33%, 33%, and 34% over three years on May 1, 2027, May 1, 2028, and May 1, 2029, subject to continued service. Following this award, she directly holds 661,591 shares of Gen Digital common stock.
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Insights
CFO received a sizable multi-year RSU grant as routine compensation.
The filing shows Gen Digital’s CFO, Natalie Marie Derse, received 135,118 restricted stock units of common stock as a compensation award, with no cash paid per share. This is coded as a grant/award rather than an open-market purchase.
The RSUs vest in three tranches of 33%, 33%, and 34% on May 1, 2027, May 1, 2028, and May 1, 2029, conditioned on continued service. Such multi-year vesting structures are typical for senior executives, aligning incentives with longer-term company performance.
After this grant, the CFO directly holds 661,591 shares of common stock according to the filing. There are no derivative positions listed in the derivative summary, and no indications of sales, tax-withholding dispositions, or 10b5-1 trading plans in this specific report.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 135,118 | $0.00 | -- |
Footnotes (1)
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