NETGEAR Officer Updates Initial Ownership Filing to 17,762 Shares

Rhea-AI Filing Summary

NETGEAR, Inc. (NTGR) – Amended Form 3 filing discloses the initial beneficial ownership position of Vice-President, Mobile, Graeme McLindin. The officer now reports 17,762 shares of common stock held directly; no derivative securities are listed.

The amendment, filed 07/09/2025, corrects share-count errors contained in the original Form 3 (02/06/2025), a prior Form 3/A (04/23/2025) and two subsequent Form 4s (06/06/2025 & 06/17/2025). Aside from the corrected number, no new acquisitions, dispositions or option grants are disclosed.

This is a routine compliance update. While insider ownership can signal alignment with shareholders, the modest stake and lack of transaction detail mean limited strategic or valuation impact for investors.

Insights

Corporate Governance Analyst

TL;DR – Routine correction; 17,762 shares; neutral market impact.

The filing simply fixes clerical errors in earlier ownership reports by VP Graeme McLindin. It reconfirms a small direct stake (~17.8k shares) and shows no derivative positions. No purchase or sale occurred, so there is no signal regarding insider sentiment. From a governance standpoint, timely correction is positive, but the event is non-material for valuation or risk assessments.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

McLindin Graeme

(Last) (First) (Middle)

350 EAST PLUMERIA DRIVE

(Street)

SAN JOSE CA 95134

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/30/2025

3. Issuer Name and Ticker or Trading Symbol
NETGEAR, INC. [ NTGR ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, Mobile

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	17,762(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This amendment is being filed solely to correct the inadvertent errors in the amount of securities beneficially owned as reported in the original Form 3 filed with the SEC on February 6, 2025 and the Form 3/A filed with the SEC on April 23, 2025, which were also incorrectly reported on the two Forms 4s filed by the reporting person on June 6, 2025 and June 17, 2025.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Kirsten Daru, Attorney-in-Fact	07/09/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many NTGR shares does VP Graeme McLindin now report owning?

The amended Form 3 shows 17,762 shares of NETGEAR common stock held directly.

Why was this Form 3 amendment filed by NETGEAR?

It was filed to correct inadvertent errors in share counts reported on the original Form 3, a prior amendment and two Form 4 filings.

Does the filing disclose any derivative securities or new insider transactions?

No. No options, warrants or other derivatives are listed, and there are no new purchases or sales.

What is the filing date and event date of the amended Form 3?

The amendment was filed on 07/09/2025, covering an event date of 01/30/2025.

Is this ownership update likely to affect NTGR’s stock price?

Given its corrective nature and small scale, the update is unlikely to have a material impact on NTGR’s valuation.