A Form 4 filed on September 11, 2026, reports that Sherrese M. Smith, a director of Gen Digital Inc. (NASDAQ:GEN), acquired two separate grants of restricted stock units on September 9, 2026, through annual non-employee director equity programs.

Key Highlights

  • Annual equity award: Smith acquired 9,072 RSUs at $0 on September 9, 2026, as an annual non-employee director equity award.
  • Retainer fee in stock: Smith acquired an additional 1,680 RSUs at $0 on September 9, 2026, representing the annual non-employee director retainer fee issued in stock.
  • Post-transaction ownership: Following both transactions, Smith directly beneficially owns 84,634 shares of common stock.
  • Vesting schedule - equity award: The 9,072 RSUs vest 100% on the earlier of September 9, 2027, or the next annual meeting, subject to service through the vesting date.
  • Vesting schedule - retainer RSUs: The 1,680 RSUs vest 25% each on December 1, 2026, March 1, 2027, June 1, 2027, and September 1, 2027, subject to service through the respective vesting dates.

Director Sherrese M. Smith Receives Dual RSU Grants at Gen Digital

According to the Form 4 filing, Sherrese M. Smith, identified as a director of Gen Digital Inc., received two separate restricted stock unit awards on September 9, 2026. Both transactions were coded "A" (acquired) and carried a price of $0, consistent with standard equity grant practices for non-employee directors. Prior to the first transaction, Smith's beneficial ownership is implied by the filing to have increased from a baseline to 82,954 shares of common stock following the first grant, and then to 84,634 shares following the second.

The first grant of 9,072 RSUs is described in the filing as the "Annual non-employee director equity award." According to the explanation of responses, these RSUs "will vest 100% on the earlier of September 9, 2027, or the next annual meeting," and are subject to Smith's continued service through the vesting date. The second grant of 1,680 RSUs represents the "Annual non-employee director retainer fee issued in stock," vesting in four equal installments of 25% on December 1, 2026, March 1, 2027, June 1, 2027, and September 1, 2027, each contingent on service through the respective vesting date.

The filing was signed on September 11, 2026, by Kathryn White as attorney-in-fact for Sherrese M. Smith, pursuant to an Exhibit 24 Power of Attorney. No derivative securities transactions were reported. Both transactions are recorded as direct ownership.

What Was Disclosed

The filing discloses two RSU grants totaling 10,752 shares awarded to Gen Digital director Sherrese M. Smith on September 9, 2026, comprising an annual equity award and a stock-based retainer fee, bringing her total direct beneficial ownership to 84,634 shares.