Vikram Mehta - 05 Feb 2024 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role
SVP, SMB
Signature
/s/ Andrew Kim
Issuer symbol
NTGR
Transactions as of
05 Feb 2024
Net transactions value
-$26,701
Form type
4
Filing time
05 Feb 2024, 13:31:56 UTC
Previous filing
01 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTGR Common Stock Sale $26,701 -1,844 -6.7% $14.48 25,569 05 Feb 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).