Gen digital director Ondrej Vlcek sells $6,000,000 in stock

Ondrej Vlcek, a director at Gen Digital Inc. (NASDAQ:GEN), sold 200,000 shares of the company’s common stock on August 27, 2026, according to a recent SEC filing. The shares were sold at a price of $30.00 per share, totaling $6,000,000. The stock has since climbed to $31.02, trading near its 52-week high of $31.29, following a strong 39% gain over the past six months.

Following this transaction, Mr. Vlcek directly holds 3,332,904 shares of Gen Digital common stock. Additionally, 302,000 shares are indirectly beneficially owned through the Vlcek Family Foundation. The transaction was signed by Kathryn White, as attorney-in-fact for Ondrej Vlcek, on August 28, 2026. According to InvestingPro analysis, Gen Digital appears undervalued based on its Fair Value assessment. Investors seeking deeper insights can access the comprehensive Pro Research Report, available for Gen Digital and 1,400+ other US equities.

In other recent news, Gen Digital exceeded Wall Street expectations for its fiscal first quarter. The company reported adjusted earnings of $0.71 per share, surpassing the anticipated $0.69 per share. Revenue also outperformed projections, coming in at $1.34 billion compared to the expected $1.27 billion. This marks an 11% increase in revenue, the fastest growth rate since the company’s inception. Bookings also rose by 11% from the previous year. These developments highlight Gen Digital’s strong financial performance in the recent quarter.