Gen Digital Inc. (GEN) SEC Filings, Jun-Aug 2026

Gen Digital Inc. reported solid Q1 fiscal 2027 results for the 13 weeks ended July 3, 2026. Net revenues were $1,336 million, up from $1,257 million despite one fewer week, driven mainly by a $102 million increase in Trust-Based Solutions revenue, partially offset by a $23 million decline in Cyber Safety Platform revenue. Operating income was $443 million, roughly flat year over year, while net income rose to $215 million and diluted EPS to $0.36 from $0.22, helped by lower interest and income tax expense.

Cash, cash equivalents and restricted cash increased to $564 million, with $8,156 million of total debt and $1,919 million of contract liabilities supporting a largely subscription-based model. The company continued to scale its MoneyLion-powered Instacash business, selling $1,193 million of Instacash Advances under its Sound Point facility and recognizing $147 million of related subscription and service revenue. An amendment expanded Instacash funding capacity to $300 million, allows a potential $100 million increase, and extended the scheduled termination date to July 30, 2028.

Management is executing a Fiscal 2027 restructuring plan totaling approximately $50 million, with $32 million incurred to date and $15 million accrued, mainly for workforce reductions. Gen Digital also disclosed significant legal matters, including an estimated $256 million accrual related to a Columbia University patent case and $67 million tied to MALKA seller litigation, while stating that other proceedings are not expected to be materially adverse in the aggregate.

State Street Corporation has filed a Schedule 13G reporting beneficial ownership of common stock of GEN DIGITAL INC. State Street reports beneficial ownership of 31,271,625 shares of common stock, representing 5.2% of the class as of June 30, 2026.

The filing states that State Street has 0 shares with sole voting power and 20,034,532 shares with shared voting power. It also reports 0 shares with sole dispositive power and 31,242,349 shares with shared dispositive power. The position is held through various investment adviser subsidiaries, including SSGA Funds Management, Inc. and multiple State Street Global Advisors entities across the U.S., Europe, Asia, Australia and Saudi Arabia.

Gen Digital Inc. reported first quarter fiscal 2027 revenue of $1.336 billion, up 6% on a GAAP basis, with operating income of $443 million and diluted EPS of $0.36, up 65% year over year. Operating cash flow was $434 million. On a non-GAAP basis, revenue was also $1.336 billion, up 11% after adjusting for the extra week in the prior-year quarter, with operating income of $668 million and diluted EPS of $0.71, up 19%. Free cash flow reached $430 million.

The Trust-Based Solutions segment generated $490 million of net revenues versus $846 million from Cyber Safety Platform, and total paid customers reached 81 million. Management issued non-GAAP guidance for Q2 FY27 revenue of $1.325–$1.350 billion and EPS of $0.71–$0.73, and raised full-year FY27 non-GAAP revenue guidance to $5.375–$5.475 billion and EPS to $2.87–$2.97. The board approved a quarterly cash dividend of $0.125 per share, payable September 9, 2026 to shareholders of record on August 17, 2026.

FMR LLC filed Amendment No. 2 reporting beneficial ownership of 46,348,313.16 shares of GEN DIGITAL INC common stock (CUSIP 668771108). This represents 7.7% of the outstanding common stock as of the reporting date.

FMR LLC reports 38,998,130.94 shares with sole voting power and 46,348,313.16 shares with sole dispositive power, with no shared voting or dispositive power. Abigail P. Johnson is also listed as a reporting person with sole dispositive power over the same 46,348,313.16 shares, but no sole or shared voting power. One or more other persons have rights to dividends or sale proceeds for these shares, but no single such person holds more than five percent of GEN DIGITAL INC’s common stock.

Gen Digital Inc. submitted an initial statement of beneficial ownership for officer Travis Michael Witteveen, Head of Products and Portfolio. As of July 24, 2026, he held 526,545.0000 common shares directly and 138,000.0000 common shares indirectly through Lexington Holding S.A.R.L. The report also references an Exhibit 24 Power of Attorney.

Gen Digital Inc. is soliciting proxies for its 2026 Annual Meeting, to be held virtually on September 9, 2026 at 9:00 a.m. Pacific Time, where stockholders will vote on electing nine directors, ratifying KPMG as auditor, and an advisory say‑on‑pay resolution.

The board is majority independent, uses a majority voting standard with a director resignation policy, offers proxy access for 3% holders, and has no dual‑class or multi‑class stock. Committees are fully independent, with an enhanced Lead Independent Director role after combining the Chair and CEO positions.

Executive pay is heavily performance‑based: annual cash incentives are 100% tied to bookings growth with a non‑GAAP operating income gate and a responsible‑business modifier, and long‑term equity is mainly PRUs linked to multi‑year revenue growth and relative TSR. For FY26, the EAIP paid 135% of target after meeting the income threshold, while a prior VCP I equity award paid 0%.

The proxy also describes director and executive stock‑ownership guidelines, a broad clawback policy covering restatements and misconduct, strict insider‑trading and anti‑hedging rules, and FY26 auditor fees, with KPMG billing $5.59 million in total services.

Gen Digital director Ondrej Vlcek reported an open-market sale of common stock. On June 10, 2026, he sold 100,000 shares of Gen Digital common stock at a weighted average price of $24.783 per share, in multiple trades between $24.765 and $24.825.

Following the sale, Vlcek directly holds 3,832,724 common shares. In addition, an indirect position of 302,000 shares is reported as owned through the Vlcek Family Foundation. The filing notes that detailed trade prices within the range are available upon request.