Gen Digital Officer Files Form 144 to Sell 30,000 Shares
Gen Digital Inc.
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Filing Summary
Form 144 Notice of Proposed Sale of Securities
Issuer: Gen Digital Inc. (NASDAQ: GEN) Insider: Travis Michael Witteveen (Officer) Shares to be Sold: 30,000 Aggregate Value: $892,422.00 Broker: Citigroup Global Markets Inc Approximate Date of Sale: November 2, 2026 Nature of Acquisition: Employee Stock Plan (Acquired 12/01/2021)
Comprehensive Analysis
Overview
On November 2, 2026, Travis Michael Witteveen, an Officer of Gen Digital Inc. (NASDAQ: GEN), filed a Form 144 notifying the SEC of an intent to sell 30,000 shares of common stock through Citigroup Global Markets Inc. The aggregate market value of the shares is estimated at $892,422.00, implying an average price per share of approximately $29.75.
Transaction Details
- Securities Class: Common Stock
- Amount Offered: 30,000 shares
- Aggregate Market Value: $892,422.00
- Acquisition Origin: Acquired on December 1, 2021, directly from the issuer via an Employee Stock Plan as compensation for services rendered.
- Past 3 Months Activity: The filer reported a prior sale of 30,000 shares on August 10, 2026, generating gross proceeds of $882,558.00.
Market and Trading Context
Gen Digital Inc. currently has 598,557,032 shares outstanding. The proposed sale of 30,000 shares represents less than 0.01% of total shares outstanding, indicating negligible dilution and minimal market impact. The sale appears to be routine liquidation of compensation equity.
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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.
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