Bryan Ko - Nov 26, 2024 Form 4 Insider Report for Gen Digital Inc. (GEN)

Role
CLO & Head Corp Aff
Signature
/s/ Whitney Clark, as attorney-in-fact for Bryan Ko
Stock symbol
GEN
Transactions as of
Nov 26, 2024
Transactions value $
-$1,476,601
Form type
4
Date filed
11/29/2024, 05:58 PM
Previous filing
May 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEN Common Stock Sale -$319K -10.4K -1.89% $30.58 542K Nov 26, 2024 Direct F1, F2
transaction GEN Common Stock Sale -$1.16M -37.8K -6.98% $30.58 505K Nov 26, 2024 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 was automatically effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 27, 2024.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.49 to $30.66, inclusive. The reporting person undertakes to provide to Gen Digital Inc., any security holder of Gen Digital Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.49 to $30.67, inclusive. The reporting person undertakes to provide to Gen Digital Inc., any security holder of Gen Digital Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.