Sarah Butterfass - 29 May 2025 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role
Director
Signature
/s/ Kirsten Daru
Issuer symbol
NTGR
Transactions as of
29 May 2025
Net transactions value
-$168,949
Form type
4
Filing time
02 Jun 2025, 20:04:17 UTC
Previous filing
05 Jun 2024
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Butterfass Sarah Director 350 EAST PLUMERIA DRIVE, SAN JOSE /s/ Kirsten Daru 02 Jun 2025 0001826252

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTGR Common Stock Award $0 +6,761 +17% $0.000000 47,505 29 May 2025 Direct F1
transaction NTGR Common Stock Sale $168,949 -5,848 -12% $28.89 41,657 29 May 2025 Direct F2, F3
* 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 Represents the grant of restricted stock units, 100% of which will vest on the date of the Company's 2026 Annual Meeting of Stockholders, provided that the individual continues to serve as a member of the Company's Board of Directors until such date.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the reporting person on November 14, 2024 to cover expected tax liability associated with the vesting of restricted stock units granted on May 30, 2024.
F3 These shares were sold in multiple transactions at prices ranging from $28.62 to $29.48, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.