Gen Digital (NASDAQ: GEN) director sells 100K shares at $28
Rhea-AI Filing Summary
Gen Digital Inc. (GEN) director Ondrej Vlcek reported selling 100,000 shares of common stock on 2026-08-19 in a sale described as an open-market or private transaction. The weighted average sale price was approximately $28.00 per share, with individual trades executed between $28.000 and $28.001 per share.
After this sale, Vlcek directly held 3,732,724 shares of Gen Digital common stock and indirectly held an additional 302,000 shares through the Vlcek Family Foundation. The Rule 10b5-1 checkbox was not marked as being pursuant to a trading plan.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 100,000 shares
Net Sell
2 txns
Insider
Vlcek Ondrej
Role
Director
Sold
100,000 shs ($2.80M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 100,000 | $28.00 | $2.80M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,732,724 shares (Direct);
Common Stock — 302,000 shares (Indirect, Vlcek Family Foundation)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.000 to $28.001, inclusive. The reporting person undertakes to provide Gen Digital Inc., any security holder of Gen Digital Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range reported in this footnote.
Key Figures
Shares sold: 100,000 shares of Common Stock
Weighted average sale price: $28.0000 per share
Direct holdings after transaction: 3,732,724 shares of Common Stock
+2 more
5 metrics
Shares sold
100,000 shares of Common Stock
Sale on 2026-08-19 coded as sale in open market or private transaction
Weighted average sale price
$28.0000 per share
Weighted average price for shares sold on 2026-08-19; trades ranged from $28.000 to $28.001
Direct holdings after transaction
3,732,724 shares of Common Stock
Direct ownership by Ondrej Vlcek following the 2026-08-19 sale
Indirect holdings after transaction
302,000 shares of Common Stock
Indirect ownership through Vlcek Family Foundation as of 2026-08-19
Net shares sold
100,000 shares
Net sell direction across reported transactions in this Form 4
Key Terms
weighted average price, indirect, open market or private transaction
3 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect financial
"total_shares_following_transaction ... ownership_type": "indirect""
open market or private transaction financial
"transaction_code_description": "Sale in open market or private transaction""
FAQ
What insider transaction did GEN director Ondrej Vlcek report?
Ondrej Vlcek reported a sale of 100,000 shares of Gen Digital Inc. common stock on 2026-08-19. The transaction was coded as a sale in an open-market or private transaction, with pricing disclosed as a weighted average.
AI-generated analysis. How Rhea-AI works. Not financial advice.