Form 4: MoneyLion Director Dwight L. Bush Reports Conversion of Shares and Restricted Stock Units in Gen Digital Merger

Dwight L. Bush, a director at 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

• Dwight L. Bush, a director of MoneyLion Inc., filed a Form 4 detailing changes in beneficial ownership.
• The filing pertains to the merger between MoneyLion Inc. and Gen Digital Inc., which became effective on April 17, 2025.
• As a result of the merger, Bush's Class A Common Stock was converted into the right to receive $82 in cash per share and one contingent value right (CVR).
• Bush's restricted stock units were also converted into the right to receive the same merger consideration.
• The filing indicates that Bush directly held 10,970 shares of Class A Common Stock and 417 restricted stock units which are now converted.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing related to a merger. The sentiment is neutral as it simply reports the transaction.

Future Outlook

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

Industry Context

This announcement reflects the completion of a merger transaction, a common occurrence in the financial technology sector as companies seek to expand their market presence and capabilities.

Stakeholder Impact

• Shareholders of MoneyLion Inc. received cash and contingent value rights as part of the merger consideration.
• Non-employee directors holding restricted stock units also received the merger consideration.

Key Dates

Keywords

Form 4, MoneyLion, Gen Digital, Merger, Dwight L. Bush, Beneficial Ownership, Class A Common Stock, Contingent Value Right, CVR, Restricted Stock Units