Arlo Technologies (ARLO) CEO logs stock grant and tax sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arlo Technologies CEO Matthew Blake McRae reported two stock transactions. On February 27, he acquired 50,118 shares of common stock as a grant with a per-share value of $0.0000, increasing his direct holdings. On March 3, he sold 27,931 shares of common stock at a weighted average price of $14.9282, with prices ranging from $14.9045 to $14.9285, to satisfy estimated tax withholding obligations upon settlement of restricted stock units. After the March 3 sale, he directly owned 1,033,475 shares of Arlo common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 27,931 shares ($416,960)
Net Sell
2 txns
Insider
MCRAE MATTHEW BLAKE
Role
CEO
Sold
27,931 shs ($417K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 27,931 | $14.9282 | $417K |
| Grant/Award | Common Stock | 50,118 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,033,475 shares (Direct)
Footnotes (1)
- Represents shares sold to satisfy estimated tax withholding obligations upon the settlement of restricted stock units. The weighted average sale price for the transaction reported was $14.9282, and the range of prices were between $14.9045 and $14.9285. 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 insider transactions did Arlo (ARLO) CEO Matthew Blake McRae report?
Arlo CEO Matthew Blake McRae reported a stock grant and a tax-related sale. He received 50,118 common shares as a grant, then sold 27,931 shares to cover estimated tax withholding obligations related to restricted stock unit settlement.
What stock award did the Arlo (ARLO) CEO receive in this Form 4?
The CEO received a grant of 50,118 shares of Arlo common stock. The award is recorded at a per-share value of $0.0000, reflecting a grant or award rather than a market purchase, and increased his directly owned share count before the subsequent tax-related sale.