secwatch.observer — SEC 8-K summary
======================================

Issuer:     Gen Digital Inc. (GEN)
CIK:        0000849399
Form:       8-K
Filed at:   2024-05-10T23:59:59+00:00
Accession:  0001104659-24-059909
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Gen Digital President Ondrej Vlcek to depart June 13; CEO Vincent Pilette to assume President role
--------------------------------------------------------------------------------

- Ondrej Vlcek will resign as President effective June 13, 2024, remaining as Board member and consultant for transition.
- CEO Vincent Pilette, already serving as Chief Executive, will also reassume the role of President as of June 13.
- Vlcek's time-based RSUs (excluding Holding RSUs) will continue vesting for one year post-departure; performance-based RSUs and other tranches forfeited.
- Holding RSUs linked to Avast transaction shares will continue vesting if Vlcek remains Board member or consultant and meets holding requirement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/849399/000110465924059909/0001104659-24-059909-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/849399/000110465924059909/tm2414061d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-059909

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer