Martin Westhead - 16 Feb 2024 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Signature
/s/ Andrew Kim
Issuer symbol
NTGR
Transactions as of
16 Feb 2024
Net transactions value
-$22,512
Form type
4
Filing time
16 Feb 2024, 15:52:28 UTC
Previous filing
03 Jan 2024
Next filing
29 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTGR Common Stock Sale $22,512 -1,519 -2.9% $14.82 51,720 16 Feb 2024 Direct F1, F2
* 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).

Explanation of Responses:

Id Content
F1 The exercise and sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 28, 2023.
F2 This includes 1519 ESPP shares purchased.