Gen Digital (GEN) director reports RSU tax-withholding of shares, retains over 3.9M
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gen Digital Inc. director Ondrej Vlcek reported routine equity activity involving company common stock. On June 1, 2026, 128 shares were disposed of at $27.76 per share to cover income tax withholding tied to the net settlement of vested Restricted Stock Units. A footnote clarifies this was a tax-withholding disposition and does not represent an open-market sale. After this event, Vlcek directly holds 3,932,724 shares of Gen Digital common stock and indirectly holds 302,000 shares through the Vlcek Family Foundation.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Vlcek Ondrej
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 128 | $27.76 | $4K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,932,724 shares (Direct, null);
Common Stock — 302,000 shares (Indirect, Vlcek Family Foundation)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 128 shares
Tax-withholding price: $27.76 per share
Direct holdings after transaction: 3,932,724 shares
+1 more
4 metrics
Tax-withheld shares
128 shares
Shares withheld for income tax obligations on RSU settlement at $27.76
Tax-withholding price
$27.76 per share
Value used for 128 shares withheld on June 1, 2026
Direct holdings after transaction
3,932,724 shares
Gen Digital common stock directly held by Ondrej Vlcek after withholding
Indirect holdings after transaction
302,000 shares
Gen Digital common stock held indirectly via Vlcek Family Foundation
Key Terms
Restricted Stock Units ("RSUs"), income tax withholding, net settlement, Vlcek Family Foundation
4 terms
Restricted Stock Units ("RSUs") financial
"in connection with the net settlement of the Restricted Stock Units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
income tax withholding financial
"shares withheld by the issuer to satisfy the reporting person's income tax withholding"
net settlement financial
"in connection with the net settlement of the Restricted Stock Units ("RSUs")"
Vlcek Family Foundation financial
"nature_of_ownership": "Vlcek Family Foundation""
FAQ
What insider transaction did Gen Digital (GEN) report for Ondrej Vlcek?
Gen Digital reported that director Ondrej Vlcek had 128 common shares withheld at $27.76 per share. This was done to satisfy income tax obligations related to vested Restricted Stock Units rather than an open-market sale of stock.
Was the Gen Digital (GEN) Form 4 transaction an actual stock sale?
No, the Form 4 states the 128 shares were withheld by Gen Digital to cover Ondrej Vlcek’s income tax obligations upon RSU net settlement. The footnote explicitly explains this withholding does not represent a market sale of shares.
What indirect Gen Digital (GEN) holdings are reported for Ondrej Vlcek?
The filing shows 302,000 Gen Digital common shares held indirectly through the Vlcek Family Foundation. This indirect ownership entry is listed separately from Vlcek’s 3,932,724 directly held shares and reflects holdings associated with the foundation entity.