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Gen Digital Head of Products & Portfolio Sells $892K in Common Stock

Medium SignificanceNovember 4, 2026 at 7:21:24 PM EST

Gen Digital Inc.

$GEN4CIK: 0000849399

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Filing Summary

=== INSIDER TRANSACTION ALERT ===
Company: Gen Digital Inc. (GEN)
Insider: Travis Michael Witteveen
Title: Head of Products and Portfolio
Type: Open Market Sale (Code S)
Shares: 30,000
Price: $29.75
Total Value: $892,422.00
Remaining Direct Ownership: 466,545 shares
Significance: Medium

Comprehensive Analysis

Insider Transaction Analysis: Gen Digital Inc. (NASDAQ: GEN)

Overview

On November 2, 2026, Travis Michael Witteveen, Head of Products and Portfolio at Gen Digital Inc., executed an open-market sale of 30,000 shares of Common Stock at a weighted average price of $29.7474 per share, resulting in gross proceeds of approximately $892,422.

Key Transaction Details

  • Filing Date: November 4, 2026
  • Transaction Date: November 2, 2026
  • Transaction Code: S (Open-market sale)
  • Rule 10b5-1 Plan: The filing indicates that this transaction was not conducted under an affirmative Rule 10b5-1 trading plan (aff10b5One is marked 0).
  • Execution Pricing: Prices ranged from $29.6950 to $29.8305 per share.

Position and Ownership Context

  • Direct Ownership Post-Transaction: 466,545 shares
  • Indirect Ownership: 138,000 shares held via Lexington Holding S.A.R.L.
  • Transaction Impact: The disposition represented approximately 6.0% of his direct holdings prior to the sale (and ~4.7% of his combined direct and indirect holdings).

Trading Significance

This sale is assessed as having Medium trading significance. While the transaction volume is sizable at nearly $900K and occurred outside of a declared Rule 10b5-1 scheduled trading plan, the insider maintains a substantial direct and indirect holding of over 604,000 shares, demonstrating continued long-term equity alignment with the company.

Topics:#GEN#GenDigital#InsiderTrading#SECForm4#StockMarket

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