Form 4: MoneyLion Director Annette L. Nazareth Reports Conversion of Shares in Gen Digital Merger

Annette L. Nazareth, a director of MoneyLion Inc., reports the conversion of Class A Common Stock and restricted stock units into cash and contingent value rights following the merger with Gen Digital Inc.

Summary

• Annette L. Nazareth, a director at MoneyLion Inc., filed a Form 4 detailing changes in beneficial ownership due to the merger with Gen Digital Inc.
• The merger, effective April 17, 2025, involved the conversion of Class A Common Stock into \$82 in cash and one contingent value right (CVR) per share.
• Nazareth's directly held Class A Common Stock and restricted stock units were cancelled and converted into the right to receive the merger consideration.
• The contingent value right is issued by Parent in accordance with the Contingent Value Rights Agreement, dated April 17, 2025 by and among the Company and Computershare Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it primarily reports a transaction related to a merger. There are no explicit positive or negative implications for MoneyLion's future performance in this specific filing.

Future Outlook

The document does not contain specific forward-looking statements beyond the completion of the merger.

Industry Context

This announcement reflects the ongoing consolidation within the fintech and digital services industries, where companies seek to expand their market presence and capabilities through mergers and acquisitions.

Stakeholder Impact

• Shareholders of MoneyLion Inc. received \$82 in cash and one contingent value right for each share of Class A Common Stock.
• Non-employee directors received the merger consideration for their restricted stock units.

Key Dates

Keywords

MoneyLion, Gen Digital, Merger, Form 4, Beneficial Ownership, Annette L. Nazareth, Class A Common Stock, Contingent Value Right, CVR, Director