Miller Joycelyn Carter - Jul 9, 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
Jul 9, 2024
Transactions value $
-$295,024
Form type
4
Date filed
7/11/2024, 09:09 PM
Previous filing
Jul 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction ARLO Common Stock Sale -$295K -19.6K -13.94% $15.03 121K Jul 9, 2024 Direct F1, F2

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 $15.03. 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.