Form 4: Gen Digital CFO Natalie Derse Reports Stock Transaction
SEC Form 4 Filing
Natalie Derse, CFO of Gen Digital Inc., reports the withholding of shares to cover income tax obligations related to the settlement of Restricted Stock Units (RSUs).
Summary
- On May 1, 2025, Natalie Derse, CFO of Gen Digital Inc., reported a transaction involving common stock.
- The transaction involved the withholding of 35,302 shares to cover income tax obligations related to the net settlement of Restricted Stock Units (RSUs).
- The price per share was $25.6.
- Following the transaction, Derse directly owns 298,366 shares of Gen Digital Inc.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reflects a routine transaction related to tax obligations on vested equity. It doesn't indicate any significant positive or negative development for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax obligation fulfillment related to equity compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax-related share withholding.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of stock transaction (share withholding for tax obligations). |
| 05/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Gen Digital Inc., Natalie Derse, CFO, Stock Transaction, Restricted Stock Units, RSUs, Beneficial Ownership, SEC Filing
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