Form 4: MoneyLion Director Lisa Gersh Reports Share Cancellation and Conversion Following Gen Digital Merger

Lisa Gersh, a director at MoneyLion Inc., reports the cancellation and conversion of her Class A Common Stock and restricted stock units into cash and contingent value rights following the merger with Gen Digital Inc.

Summary

• This Form 4 filing reports changes in beneficial ownership for Lisa Gersh, a director at MoneyLion Inc.
• The changes are a result of the merger between MoneyLion Inc. and Gen Digital Inc., which became effective on April 17, 2025.
• Each share of Class A Common Stock held by Gersh was cancelled and converted into the right to receive $82 in cash and one contingent value right (CVR).
• Gersh's restricted stock units were also cancelled and converted into the right to receive the same merger consideration.
• The filing indicates that Gersh directly held 10,970 shares of Class A Common Stock and 417 restricted stock units which were converted as part of the merger.

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 in the financial technology sector, where consolidation and acquisitions are common strategies for growth and market expansion.

Stakeholder Impact

• Shareholders of MoneyLion received cash and contingent value rights as part of the merger consideration.
• The merger may impact employees of MoneyLion, although the specifics are not detailed in this filing.

Key Dates

Keywords

Form 4, Beneficial Ownership, MoneyLion, Gen Digital, Merger, Lisa Gersh, Class A Common Stock, Contingent Value Right, CVR, Restricted Stock Units