BYON CFO sells 2,200 shares under 10b5-1 plan 鈥� Form 4 filing

Q: How many Beyond (BYON) shares did President & CFO Adrianne Lee sell?

She sold 2,200 common shares on 07/21/2025.

Q: At what price were the BYON shares sold?

The shares were sold at $10.00 per share.

Q: How many BYON shares does Adrianne Lee own after the transaction?

She now directly owns 60,434 shares.

Q: Was the transaction part of a trading plan?

Yes. The sale was executed under a Rule 10b5-1 plan adopted on 11/11/2024.

Q: Were any derivative securities involved in this Form 4 filing?

No . The filing reports no acquisitions or dispositions of derivative securities.

[8-K] Gen Digital Inc. Reports Material Event

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Beyond, Inc. (BYON) 鈥� Form 4 insider transaction

President & CFO Adrianne Lee sold 2,200 shares of Beyond common stock on 07/21/2025 at $10.00 per share (transaction code 鈥淪鈥�). The disposition was completed under a pre-arranged Rule 10b5-1 trading plan adopted on 11/11/2024.

After the sale, Lee directly owns 60,434 BYON shares. The total reflects 454 shares that were previously misreported as tax-withheld on a Form 4 filed 01/23/2025.

No derivative securities were acquired or disposed of. The filing was signed by attorney-in-fact Christina Wheeler on 07/22/2025.

Positive

Sale conducted under a pre-established Rule 10b5-1 plan, indicating compliance with insider-trading safeguards and reducing concerns over opportunistic timing.
Prior share-count error corrected, enhancing accuracy of insider ownership records.

Negative

President & CFO disposed of 2,200 common shares, which some investors may interpret as a mildly negative insider sentiment signal.

Insights

TL;DR: Modest 2,200-share sale under 10b5-1 plan; limited signal value, largely administrative.

The reported transaction equals roughly 3.6% of the executive鈥檚 60,434-share position, suggesting only a minor portfolio rebalancing. Because it was executed under a pre-established Rule 10b5-1 plan, the sale appears routine and reduces concerns about timing. No derivatives or additional dispositions were disclosed. From a valuation standpoint, the filing does not alter the investment thesis and is unlikely to move the stock materially.

TL;DR: Sale follows governance best practices; no red flags detected.

The use of a 10b5-1 plan demonstrates adherence to insider-trading safeguards and supports transparent corporate governance. The correction of the earlier 454-share misclassification improves record accuracy. With no indication of broader insider selling or strategic shifts, the event carries low governance risk.

07/22/2025 - 04:07 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): July 17, 2025

Gen Digital Inc.

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of

incorporation or organization)

000-17781

(Commission File Number)

77-0181864

(I.R.S. Employer Identification Number)

60 E. Rio Salado Parkway,

Suite 1000,

Tempe,

Arizona

85281

(Address of principal executive offices and zip code)

(650)

527-8000

(Registrant's telephone number, including area code)

___________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class		Trading Symbol	Name of each exchange on which registered
Common Stock,	par value $0.01 per share	GEN	The Nasdaq Stock Market LLC
Contingent Value Rights		GENVR	The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Resignation of Frank Dangeard from the Gen Board

On July 17, 2025 (the “Effective Date”), Frank Dangeard resigned from the Board of Directors (the “Board”) of Gen Digital Inc. (the “Company”), all committees thereof and from his position as Chair of the Board (“Chair”) for health reasons, effective immediately. Mr. Dangeard’s decision to resign from the Board was not a result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. The Company thanks Mr. Dangeard for his service as Chair and as a director of the Board.

Item 7.01 Regulation FD Disclosure.

A copy of the Company’s press release announcing Mr. Dangeard’s resignation and the Company’s Chair and Lead Independent Director appointments is attached as Exhibit 99.1 to this Current Report on Form 8-K.

The information disclosed under this Item 7.01, including Exhibit 99.1 hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. The information provided herein shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

Item 8.01 Other Events.

Chair and Lead Independent Director Appointments

On the Effective Date, in connection with Mr. Dangeard’s departure, at the recommendation of the Company’s Nominating and Governance Committee (the “NGC”), the Board approved combining the roles of Chief Executive Officer and Chair and appointed Vincent Pilette to serve as Gen’s Chair effective immediately. The Board simultaneously created a Lead Independent Director (“LID”) position on the Board and appointed Sue Barsamian, who is a current director and Chair of the NGC, to serve as its LID effective immediately. The duties of the LID role are broad, substantive, and overlap considerably with duties of an independent chair, promoting strong independent oversight over management and accountability to stockholders. In connection with the next chapter of the Company’s transformation, the Board appointed Mr. Pilette to Chair to leverage his deep understanding of the Company’s business to elevate the right strategic opportunities and identify key risks and mitigation approaches for the Board’s review.

The NGC and Board believe these appointments and corporate governance changes are in the best interests of the Company and its stockholders. This new Board leadership structure reflects the Board’s commitment to both strong, effective leadership and sound governance, which are essential to guiding Gen through its ongoing transformation and ensuring its long-term success.

Corporate Governance Guidelines Update

In connection with Mr. Pilette and Ms. Barsamian’s appointments, the Gen Board, at the recommendation of the NGC, amended Gen’s Corporate Governance Guidelines, in order to increase the robustness of the duties and responsibilities associated with the Lead Independent Director position and help ensure the exercise of independent judgment by the Board. Gen’s Corporate Governance Guidelines were also amended to provide the Board with the necessary flexibility to determine the appropriate leadership structure for the Company based on its evolving needs and what it determines to be in the best interests of its stockholders.

Item 9.01 - Financial Statements and Exhibits

(d) The following exhibits are being filed herewith:


Exhibit No.						Description
99.1						Press Release dated July 22, 2025
104						Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized on this 22nd day of July, 2025.


Gen Digital Inc.

By:			/s/ Bryan S. Ko
			Bryan S. Ko
			Chief Legal Officer and Secretary

Source:

FAQ

How many Beyond (BYON) shares did President & CFO Adrianne Lee sell?

She sold 2,200 common shares on 07/21/2025.

At what price were the BYON shares sold?

The shares were sold at $10.00 per share.

How many BYON shares does Adrianne Lee own after the transaction?

She now directly owns 60,434 shares.

Was the transaction part of a trading plan?

Yes. The sale was executed under a Rule 10b5-1 plan adopted on 11/11/2024.

Were any derivative securities involved in this Form 4 filing?

No. The filing reports no acquisitions or dispositions of derivative securities.

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[8-K] Gen Digital Inc. Reports Material Event

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FAQ

How many Beyond (BYON) shares did President & CFO Adrianne Lee sell?

At what price were the BYON shares sold?

How many BYON shares does Adrianne Lee own after the transaction?

Was the transaction part of a trading plan?

Were any derivative securities involved in this Form 4 filing?

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[8-K] Gen Digital Inc. Reports Material Event

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FAQ

How many Beyond (BYON) shares did President & CFO Adrianne Lee sell?

At what price were the BYON shares sold?

How many BYON shares does Adrianne Lee own after the transaction?

Was the transaction part of a trading plan?

Were any derivative securities involved in this Form 4 filing?

NASDAQ:GEN

GEN Rankings

GEN Latest News

GEN Latest SEC Filings

GEN Stock Data