CFO Kurtis Binder sells Arlo (NYSE: ARLO) shares via 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arlo Technologies CFO Kurtis Binder sold 9,665 shares of common stock in an open-market transaction under a pre-arranged Rule 10b5-1 trading plan adopted on August 21, 2025. The weighted average sale price was $15.1141 per share, and he now directly owns 460,970 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,665 shares ($146,078)
Net Sell
1 txn
Insider
Binder Kurtis Joseph
Role
CHIEF FINANCIAL OFFICER
Sold
9,665 shs ($146K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,665 | $15.1141 | $146K |
Holdings After Transaction:
Common Stock — 460,970 shares (Direct)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 21, 2025. The weighted average sale price for the transaction reported was $15.1141, and the range of prices were between $14.82 and $15.55. 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.
FAQ
What did Arlo (ARLO) CFO Kurtis Binder report in this Form 4?
Arlo CFO Kurtis Binder reported selling 9,665 shares of common stock in an open-market transaction. The sale was executed under a Rule 10b5-1 trading plan and left him holding 460,970 shares directly after the transaction.
Was the Arlo (ARLO) CFO’s stock sale part of a 10b5-1 trading plan?
Yes, the reported sales were made under a Rule 10b5-1 trading plan adopted by Kurtis Binder on August 21, 2025. Such plans pre-schedule trades, helping insiders systematically diversify holdings while following regulatory guidelines and reducing the appearance of trading on nonpublic information.
What does the transaction code on the Arlo (ARLO) Form 4 indicate?
The Form 4 lists transaction code “S,” indicating an open-market or private sale of common stock. Combined with the description, it confirms the CFO’s 9,665-share transaction was a sale rather than a purchase or equity award.