Miller Joycelyn Carter - Feb 1, 2024 Form 4 Insider Report for Arlo Technologies, Inc. (ARLO)

Role
Director
Signature
/s/ Brian Busse, Attorney-in-Fact
Stock symbol
ARLO
Transactions as of
Feb 1, 2024
Transactions value $
-$289,434
Form type
4
Date filed
2/2/2024, 06:17 PM
Previous filing
Dec 22, 2023
Next filing
Apr 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARLO Common Stock Sale -$289K -32K -20.12% $9.04 127K Feb 1, 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 sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 30, 2023.
F2 The weighted average sale price for the transaction reported was $9.0448, and the range of prices were between $9.00 and $9.115. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided.