Gen Digital Head of Products & Portfolio Sells $892K in Common Stock
Gen Digital Inc.
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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 (
aff10b5Oneis marked0). - 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.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
