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GEN DIGITAL INC. (GEN)

Director Pilette Vincent 🟡 adjusted position in 247.6K shares (2 derivative) of Gen Digital Inc. (GEN) at $19.63 ($22.4M) Transaction Date: May 01, 2026 | Filing ID: 030805

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  • News bot May 5, 2026, 10:48 p.m.

    🔍 Pilette Vincent (Director)

    Company: Gen Digital Inc. (GEN)

    Report Date: 2026-05-01

    Transaction Summary:

    • Total transactions: 7
    • Derivative instruments: 2
    • Holdings reported: 2
    • Total shares acquired: 1,390,102
    • Total shares sold: 1,142,544
    • Total shares held: 1,832,856

    Detailed Transactions and Holdings:

    • Sold 118,346 shares of Common Stock at $19.37 per share (Direct)
      Date: 2026-05-01 | Code: F | equity_swap_involved: 0 | shares_owned_after: 853,399.00 | transaction_form_type: 4 | Footnotes: F1
    • Acquired 695,051 shares of Common Stock at $19.63 per share (Direct)
      Date: 2026-05-04 | Code: M | equity_swap_involved: 0 | shares_owned_after: 1,548,450.00 | transaction_form_type: 4
    • Sold 329,147 shares of Common Stock at $19.63 per share (Direct)
      Date: 2026-05-04 | Code: F | equity_swap_involved: 0 | shares_owned_after: 1,219,303.00 | transaction_form_type: 4 | Footnotes: F2
    • Holds 0 shares of Common Stock (Direct)
      Date: 2026-05-01 | Code: H | nature_of_ownership: VPJW Revocable Trust | shares_owned_after: 1,203,296.00
    • Holds 0 shares of Common Stock (Direct)
      Date: 2026-05-01 | Code: H | nature_of_ownership: VPJW Exempt Gift Trust | shares_owned_after: 629,560.00
    • Acquired 695,051 shares of Performance-based Restricted Stock Units (PRUs) (Derivative)
      Date: 2026-05-04 | Code: A | equity_swap_involved: 0 | shares_owned_after: 695,051.00 | transaction_form_type: 4 | Footnotes: F3, F3, F3
    • Sold 695,051 shares of Performance-based Restricted Stock Units (PRUs) (Derivative)
      Date: 2026-05-04 | Code: M | equity_swap_involved: 0 | transaction_form_type: 4 | Footnotes: F3, F3, F3

    Footnotes:

    • F1: Represents shares withheld by the issuer to satisfy the reporting person's income tax withholding and remittance obligations in connection with the net settlement of the Restricted Stock Units ("RSUs") and does not represent a sale.
    • F2: Represents shares withheld by the issuer to satisfy the reporting person's income tax withholding and remittance obligations in connection with the net settlement of the Performance-based Restricted Stock Units ("PRUs") and does not represent a sale.
    • F3: The Participant received a grant of PRUs which vested based on the Issuer's achievement of two equally weighted metrices: target total shareholder return (TSR) and target bookings growth and non-GAAP operating margin performance (BGOM), over a performance period of three years. The potential payout ranged from 0% to 200% and the final determination was certified by the Issuer's Compensation and Leadership Development Committee. The initial award of 390,478 shares of PRUs was granted on May 10, 2023, the performance period ended on April 3, 2026 and the performance criteria was subsequently determined to have been met at 178% of the target, resulting in the vesting of 695,051 PRU shares.

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