NETGEAR (NTGR) board member receives 6,107 restricted stock units in equity grant
Rhea-AI Filing Summary
Murray Douglas Andrew reported acquisition or exercise transactions in this Form 4 filing.
NETGEAR, INC. director Douglas Andrew Murray received a grant of 6,107 restricted stock units representing common stock as equity compensation. According to the grant terms, 100% of these units will vest on the date of NETGEAR's 2027 Annual Meeting of Stockholders, provided he continues serving on the Board through that date. Following this award, he is reported as directly holding 6,107 common stock equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,107 shares
Net Buy
1 txn
Insider
Murray Douglas Andrew
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 6,107 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 6,107 shares (Direct)
Footnotes (1)
- F1. Represents the grant of restricted stock units, 100% of which will vest on the date of the Company's 2027 Annual Meeting of Stockholders, provided that the Reporting Person continues to serve as a member of the Company's Board of Directors through such date.
Key Figures
Restricted stock units granted: 6,107 units
Grant price: $0.0000 per share
Post-grant holdings: 6,107 shares/units
3 metrics
Restricted stock units granted
6,107 units
Equity award to director on 2026-08-04
Grant price
$0.0000 per share
Compensation-related RSU grant with no cash paid by director
Post-grant holdings
6,107 shares/units
Total NETGEAR common stock equivalents directly held after the grant
Key Terms
restricted stock units, Annual Meeting of Stockholders, Board of Directors
3 terms
restricted stock units financial
"Represents the grant of restricted stock units, 100% of which will vest"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Annual Meeting of Stockholders regulatory
"will vest on the date of the Company's 2027 Annual Meeting of Stockholders"
Board of Directors regulatory
"provided that the Reporting Person continues to serve as a member of the Company's Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did NETGEAR (NTGR) report for Douglas Andrew Murray?
NETGEAR reported that director Douglas Andrew Murray received a grant of 6,107 restricted stock units representing common stock. This is an equity compensation award, not an open-market purchase or sale of NETGEAR shares, and is contingent on future service on the Board.
What are the vesting terms of Douglas Andrew Murray’s NETGEAR (NTGR) equity grant?
The 6,107 restricted stock units granted to Douglas Andrew Murray will vest 100% on the date of NETGEAR’s 2027 Annual Meeting of Stockholders. Vesting is conditioned on his continued service as a member of the Board of Directors through that meeting date.
What is Douglas Andrew Murray’s reported NETGEAR (NTGR) holding after this Form 4 transaction?
After the grant, Douglas Andrew Murray is reported as directly holding 6,107 NETGEAR common stock equivalents. This total matches the number of restricted stock units granted, indicating the award accounts for his currently reported direct equity position in the company.
Is this NETGEAR (NTGR) Form 4 transaction under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan. The reported event is a board-related restricted stock unit grant to Douglas Andrew Murray, rather than a discretionary or pre-planned open-market trading transaction under a 10b5-1 plan.