Chrystal John C 4
4 · Gen Digital Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Gen Digital Director John C. Chrystal Buys 3,000 Shares
What Happened John C. Chrystal, a director of Gen Digital Inc. (GEN), acquired 3,000 shares of GEN in an open-market purchase on June 4, 2026. The reported purchase price was $27.06 per share for a total reported value of $81,171. This was a buy (purchase) transaction rather than a sale.
Key Details
- Transaction date: 2026-06-04; Filing date: 2026-06-05 (timely filed).
- Price and size: 3,000 shares at $27.06 per share; total reported value $81,171.
- Shares owned after transaction: not specified in the provided filing.
- Footnote of note (F1): references a Contingent Value Rights Agreement (dated Apr 17, 2025) under which GENVR holders may be entitled to a conditional payment of $23.00 in GEN common stock if specified price or change-of-control conditions occur prior to Apr 17, 2027.
- Filing timeliness: No late filing flag—report appears timely.
Context This is a straightforward open-market purchase by a company director. Purchases by insiders are often watched by retail investors as one data point about insider sentiment, but they do not by themselves indicate future performance. The included footnote describes separate CVR mechanics and does not change the nature of this reported purchase.
Insider Transaction Report
- Purchase
Common Stock
2026-06-04$27.06/sh+3,000$81,171→ 31,419 total
- 51,140
GEN Contingent Value Rights
[F1]Exp: 2027-04-17→ Common Stock (51,140 underlying)
Footnotes (1)
- [F1]Pursuant to the Contingent Value Rights Agreement dated April 17, 2025, (the CVR Agreement"), each GENVR share entitles the holder a conditional payment of $23.00 in Gen Digital Inc.'s common stock (GEN), par value $0.01 per share, if, on any date prior to April 17, 2027, (i) each GEN share trades at an average volume-weighted price of at least $37,50 per share for more than 30 consecutive trading days within the period from December 10, 2024 to April 17, 2027 or (ii) Gen undergoes a change of control.