Gen Digital (NASDAQ: GEN) director adds 3,000 shares in open-market buy

Filing Impact

(Neutral)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

Gen Digital Inc. director Chrystal John C bought 3,000 shares of common stock in an open-market transaction at $27.057 per share. After this purchase, his direct holdings increased to 31,419 common shares. He also directly holds GEN Contingent Value Rights tied to 51,140 underlying common shares.

Under the Contingent Value Rights Agreement dated April 17, 2025, each GENVR share can provide a conditional $23.00 payment in Gen Digital common stock if the shares trade at an average volume-weighted price of at least $37,50 for more than 30 consecutive trading days within the specified period or if the company undergoes a change of control before April 17, 2027.

Insider Trade Summary

Net Buyer: 3,000 shares ($81,171)

Net Buy 2 txns

Insider Chrystal John C

Role null

Bought 3,000 shs ($81K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	3,000	$27.057	$81K
holding	GEN Contingent Value Rights	--	--	--

Holdings After Transaction: Common Stock — 31,419 shares (Direct, null); GEN Contingent Value Rights — 51,140 shares (Direct, null)

Footnotes (1)

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Key Figures

Open-market purchase: 3,000 shares Purchase price: $27.057/share Post-transaction holdings: 31,419 shares +4 more

7 metrics

Open-market purchase 3,000 shares Common Stock bought on 2026-06-04

Purchase price $27.057/share Price paid for Gen Digital common stock

Post-transaction holdings 31,419 shares Direct Gen Digital common stock after purchase

Underlying CVR shares 51,140 shares Common stock underlying GEN Contingent Value Rights

Conditional CVR payment $23.00 per GENVR share Payable in Gen Digital common stock if conditions met

Share price condition $37,50 average VWAP Required for more than 30 consecutive trading days

CVR expiration date April 17, 2027 GEN Contingent Value Rights expiration

Key Terms

GEN Contingent Value Rights, Contingent Value Rights Agreement, volume-weighted price, change of control, +1 more

5 terms

GEN Contingent Value Rights financial

"security_title: "GEN Contingent Value Rights" tied to underlying common stock"

Contingent Value Rights Agreement financial

"Pursuant to the Contingent Value Rights Agreement dated April 17, 2025"

volume-weighted price financial

"each GEN share trades at an average volume-weighted price of at least $37,50 per share"

change of control financial

"or (ii) Gen undergoes a change of control"

A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.

conditional payment financial

"each GENVR share entitles the holder a conditional payment of $23.00 in Gen Digital Inc.'s common stock"

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Form 4 Insider Transactions: What Each Field Means →

06/05/2026 - 05:40 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Chrystal John C

(Last)

(First)

(Middle)

60 E. RIO SALADO PARKWAY

SUITE 1000

(Street)

TEMPE

ARIZONA

85281

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Gen Digital Inc. [ GEN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/04/2026		P		3,000	A	$27.057	31,419	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
GEN Contingent Value Rights	⁽¹⁾							⁽¹⁾	04/17/2027	Common Stock	51,140		51,140	D

Explanation of Responses:

1. Pursuant to the Contingent Value Rights Agreement dated April 17, 2025, (the CVR Agreement"), each GENVR share entitles the holder a conditional payment of $23.00 in Gen Digital Inc.'s common stock (GEN), par value $0.01 per share, if, on any date prior to April 17, 2027, (i) each GEN share trades at an average volume-weighted price of at least $37,50 per share for more than 30 consecutive trading days within the period from December 10, 2024 to April 17, 2027 or (ii) Gen undergoes a change of control.

Remarks:

	/s/ Kathryn White, as attorney-in-fact for John Chrystal	06/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Gen Digital (GEN) report for Chrystal John C?

Gen Digital reported that director Chrystal John C bought 3,000 shares of common stock. The open-market purchase was executed at $27.057 per share, increasing his direct ownership to 31,419 Gen Digital common shares according to the Form 4 filing data.

At what price did the Gen Digital (GEN) director buy new shares?

The Gen Digital director bought 3,000 common shares at $27.057 per share. This was an open-market purchase, meaning shares were acquired on the market rather than via an option exercise or grant, and it raised his directly held position in the company.

How many Gen Digital (GEN) shares does the director own after this Form 4?

Following the reported transaction, the director directly owns 31,419 Gen Digital common shares. This reflects the addition of 3,000 shares purchased in the open market, as disclosed in the Form 4, and shows his current direct equity stake in the company.

What are GEN Contingent Value Rights disclosed in the Gen Digital Form 4?

GEN Contingent Value Rights are instruments tied to Gen Digital’s common stock. Each GENVR share can entitle the holder to a conditional $23.00 payment in Gen Digital stock, subject to specific share price performance conditions or a change of control before April 17, 2027.

What price condition must Gen Digital (GEN) meet for CVRs to pay $23?

The Contingent Value Rights pay $23.00 in Gen Digital common stock per GENVR share if each GEN share trades at an average volume-weighted price of at least $37,50 per share for more than 30 consecutive trading days within the defined period in the agreement.

How many shares underlie the Gen Digital contingent value rights held by the director?

The director’s GEN Contingent Value Rights are tied to 51,140 underlying Gen Digital common shares. These rights have an exercise price of $0.0000 and expire on April 17, 2027, with potential stock payments triggered by price performance or a change of control.