NETGEAR (NASDAQ: NTGR) insider sells 3,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
NETGEAR executive Pramod Badjate, President & GM, NFB, reported on 2026-07-31 the withholding of 8,440 common shares at $24.16 per share to cover tax obligations on RSU vesting, plus open-market sales of 3,000 shares at weighted-average prices of $23.45 and $24.09 under a Rule 10b5-1 plan.
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Insider Trade Summary 10b5-1
Net Seller: 11,440 shares
Net Sell
3 txns
Insider
Badjate Pramod
Role
President & GM, NFB
Sold
3,000 shs ($72K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 8,440 | $24.16 | $204K |
| Sale | Common Stock F2, F3 | 1,000 | $23.45 | $23K |
| Sale | Common Stock F2, F4 | 2,000 | $24.09 | $48K |
Holdings After Transaction:
Common Stock — 154,073 shares (Direct)
Footnotes (4)
- F1. Represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of previously reported restricted stock units.
- F2. The sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 20, 2025.
- F3. The price reported in Column 4 of Table I represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $22.91 to $23.89, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
- F4. The price reported in Column 4 of Table I represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $23.91 to $24.22, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
Key Figures
Shares withheld for RSU taxes: 8,440 shares
Tax withholding reference price: $24.16 per share
First open-market sale: 1,000 shares at $23.45
+2 more
5 metrics
Shares withheld for RSU taxes
8,440 shares
Common stock withheld on 2026-07-31 to satisfy tax withholding obligations on RSU vesting
Tax withholding reference price
$24.16 per share
Per-share value used for 8,440-share tax-withholding transaction on 2026-07-31
First open-market sale
1,000 shares at $23.45
Weighted-average price; trades ranged from $22.91 to $23.89 on 2026-07-31
Second open-market sale
2,000 shares at $24.09
Weighted-average price; trades ranged from $23.91 to $24.22 on 2026-07-31
Total shares sold in market
3,000 shares
Aggregate NETGEAR common shares sold in open-market transactions reported for 2026-07-31
Key Terms
restricted stock units, Rule 10b5-1 trading plan, weighted average price, tax withholding obligations
4 terms
restricted stock units financial
"in connection with the vesting and settlement of previously reported restricted stock units"
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.
Rule 10b5-1 trading plan financial
"The sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 of Table I represents the weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
tax withholding obligations financial
"to satisfy the Reporting Person's tax withholding obligations in connection with the vesting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did NETGEAR (NTGR) executive Pramod Badjate report?
Pramod Badjate reported three transactions on July 31, 2026. These included 8,440 NETGEAR common shares withheld to satisfy RSU tax obligations and open-market sales of a total of 3,000 shares executed at weighted-average prices of $23.45 and $24.09 per share.
Were Pramod Badjate’s NETGEAR (NTGR) stock sales made under a Rule 10b5-1 plan?
Yes, the reported sales were made under a Rule 10b5-1 trading plan. A footnote states the sales were effected pursuant to a Rule 10b5-1 plan adopted on August 20, 2025, and the filing affirms use of a 10b5-1 arrangement for these transactions.