Peter A. Feld - 10 Sep 2024 Form 4 Insider Report for Gen Digital Inc. (GEN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 Sep 2024, 18:46:25 UTC
Prior SEC filing
16 May 2024
Next SEC filing
15 Aug 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Peter A. Feld

Key filing fact

Peter A. Feld filed Form 4 for Gen Digital Inc. (GEN) on 12 Sep 2024.

Key facts

  • This page summarizes Peter A. Feld's Form 4 filing for Gen Digital Inc. (GEN).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 12 Sep 2024, 18:46.

Change

  • Previous filing in this sequence was filed on 16 May 2024.
  • Current net transaction value: +$49,987.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GEN transaction

Common Stock, $0.01 Par Value

Award

Transaction value
$0
Shares
+10,038
Change %
+11%
Price
$0.000000
Shares after
98,410
Date
10 Sep 2024
Ownership
Direct
Footnotes
F1
GEN transaction

Common Stock, $0.01 Par Value

Award

Transaction value
$49,987
Shares
+1,930
Change %
+2%
Price
$25.90
Shares after
100,340
Date
10 Sep 2024
Ownership
Direct
Footnotes
F2
GEN holding

Common Stock, $0.01 Par Value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
9,644,194
Date
10 Sep 2024
Ownership
By Starboard Value and Opportunity Master Fund Ltd
Footnotes
F3
GEN holding

Common Stock, $0.01 Par Value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,024,896
Date
10 Sep 2024
Ownership
By Starboard X Master Fund Ltd
Footnotes
F4
GEN holding

Common Stock, $0.01 Par Value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,444,314
Date
10 Sep 2024
Ownership
By Starboard Value and Opportunity S LLC
Footnotes
F5
GEN holding

Common Stock, $0.01 Par Value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
827,888
Date
10 Sep 2024
Ownership
By Starboard Value and Opportunity C LP
Footnotes
F6
GEN holding

Common Stock, $0.01 Par Value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
798,270
Date
10 Sep 2024
Ownership
By Starboard Value and Opportunity Master Fund L LP
Footnotes
F7
GEN holding

Common Stock, $0.01 Par Value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,777,042
Date
10 Sep 2024
Ownership
By Managed Account of Starboard Value LP
Footnotes
F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Annual non-employee director equity award. The RSUs will vest 100% on the earlier of September 10, 2025, or the next annual meeting, and subject to service through the respective vesting date.

Footnote F2

Annual non-employee director retainer fee issued in stock. The RSUs will vest 25% on December 1, 2024, March 1, 2025, June 1, 2025, and September 1, 2025, subject to service through the respective vesting dates.

Footnote F3

Securities owned directly by Starboard Value and Opportunity Master Fund Ltd ("Starboard V&O Fund"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP LLC ("Starboard Value GP"), the general partner of the investment manager of Starboard V&O Fund, and as a member of the Management Committee of Starboard Principal Co GP LLC ("Principal GP"), the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard V&O Fund for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"). The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Footnote F4

Securities beneficially owned by Starboard X Master Fund Ltd ("Starboard X Master"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the investment manager of Starboard X Master, and as a member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard X Master for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Footnote F5

Securities owned directly by Starboard Value and Opportunity S LLC ("Starboard S LLC"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the manager of Starboard S LLC, and as a member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard S LLC for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Footnote F6

Securities owned directly by Starboard Value and Opportunity C LP ("Starboard C LP"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the investment manager of Starboard C LP, and as a member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard C LP for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Footnote F7

Securities owned directly by Starboard Value and Opportunity Master Fund L LP ("Starboard L Master"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the investment manager of Starboard L Master, and as a member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard L Master for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Footnote F8

Securities held in a certain managed account by Starboard Value LP (the "Starboard Value LP Account"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of Starboard Value LP, and as a member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities held in the Starboard Value LP Account for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

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