Gen Digital Inc.·4

Feb 19, 5:24 PM ET

DERSE NATALIE MARIE 4

4 · Gen Digital Inc. · Filed Feb 19, 2026

Research Summary

AI-generated summary of this filing

Updated

Gen Digital (GEN) CFO Natalie Derse Buys then Sells 794 Shares

What Happened Natalie Marie Derse, Chief Financial Officer of Gen Digital Inc., purchased 794 shares through the company's Employee Stock Purchase Plan (ESPP) on Feb 15, 2026 at an effective price of $20.16 per share (total ~$16,009). Two days later (Feb 17, 2026) those 794 shares were sold through an open-market/private sale (a predetermined quick‑sale program) at $23.62 per share (total ~$18,754). The sequence—ESPP purchase followed by an immediate predetermined sale—is a routine outcome of payroll/ESPP selling arrangements rather than an independent new investment decision.

Key Details

  • Purchase: 794 shares on 2026-02-15 at $20.16/share (total reported $16,009).
  • Sale: 794 shares on 2026-02-17 at $23.62/share (total reported $18,754).
  • Shares owned after these transactions: Not disclosed in the filing.
  • Footnotes: Purchase made under Gen Digital’s 2008 ESPP (Offering period Aug 16, 2025–Feb 15, 2026) at 85% of Feb 15 closing price; exempt under Rule 16b‑3(c). Sale executed via a predetermined quick‑sale program.
  • Filing timeliness: Form 4 filed Feb 19, 2026; filing appears timely relative to the reported transaction dates.

Context ESPP purchases are common employee participation events that allow buying company stock at a discounted price (here, 85% of the Feb 15 closing price). A predetermined quick‑sale program instructs a broker to immediately sell ESPP shares after purchase—often to cover the share cost, taxes, or to lock in the discount—so the subsequent sale is typically administrative rather than a market sentiment signal. The filing simply documents the acquisition and disposition; it does not disclose Derse’s broader holdings or intentions.

Insider Transaction Report

Form 4
Period: 2026-02-17
Transactions
  • Award

    Common Stock

    [F1][F2][F3]
    2026-02-15$20.16/sh+794$16,009457,472 total
  • Sale

    Common Stock

    [F4]
    2026-02-17$23.62/sh794$18,754456,678 total
Footnotes (4)
  • [F1]The reporting person is voluntarily reporting the acquisition of shares of the issuer's common stock pursuant to Gen Digital Inc. 2008 Employee Stock Purchase Plan ("ESPP"), for the ESPP Purchase Period (as defined in the ESPP) of August 16, 2025 through February 15, 2026. This transaction is also exempt under Rule 16b-3(c).
  • [F2]The Purchase Period ended February 15, 2026 and is the Purchase Period comprising the Offering Period (as defined in the ESPP) that began August 16, 2025.
  • [F3]In accordance with the ESPP, these shares were purchased based on 85% of the closing price on Feb 15, 2026.
  • [F4]Represents shares acquired through Gen Digital Inc. 2008 Employee Stock Purchase Plan and sold through a predetermined quick-sale program.
Signature
/s/ Kathryn White, as attorney-in-fact for Natalie Derse|2026-02-19

Documents

1 file
  • 4
    wk-form4_1771539883.xmlPrimary

    FORM 4