Arlo Technologies Grants $1M+ in Stock Awards to Board Director Aggarwal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arlo Technologies (ARLO) Director Prashant Aggarwal received a new equity grant of 10,520 restricted stock units (RSUs) on June 20, 2025. The RSUs were granted under the company's 2018 Equity Incentive Plan at $0 exercise price.
Key details of the transaction:
- The RSUs will vest at the 2026 annual stockholder meeting
- Each RSU converts to one share of common stock upon vesting
- Following this grant, Aggarwal directly owns 71,307 shares
- The grant appears to be part of standard director compensation
This Form 4 filing was signed by Brian Busse as attorney-in-fact on June 23, 2025, within the required reporting window. The transaction was reported as a direct ownership position with no indirect holdings disclosed.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Aggarwal Prashant
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,520 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 71,307 shares (Direct)
Footnotes (1)
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FAQ
What was the purchase price of ARLO RSUs granted to Prashant Aggarwal?
The RSUs were granted at $0 cost to Prashant Aggarwal as part of Arlo Technologies' 2018 Equity Incentive Plan. This was not a market purchase but rather an equity compensation grant.
When will Prashant Aggarwal's ARLO RSUs vest?
The RSUs will vest on the date of Arlo Technologies' 2026 annual meeting of stockholders. Each RSU represents the contingent right to receive one share of common stock upon vesting.
Was ARLO director Aggarwal's June 2025 stock acquisition made under Rule 10b5-1?
No, this transaction was not made pursuant to a Rule 10b5-1 trading plan. The shares were acquired as restricted stock units (RSUs) granted under Arlo's 2018 Equity Incentive Plan as part of director compensation.