NETGEAR (NTGR) CEO reports tax withholding of 18,394 shares, holds 430,892
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NETGEAR, INC. Chief Executive Officer Charles J. Prober reported a routine tax-related share disposition. On the vesting of previously reported restricted stock units, 18,394 shares of common stock were withheld by the company at $25.27 per share to cover his tax obligations. After this withholding, he directly holds 430,892 shares of NETGEAR common stock. He also has an indirect holding of 287,333 shares, which are held by the Prober 2026 NTGR GRAT. A footnote also notes that his holdings include 1,014 shares acquired through the employee stock purchase plan (ESPP).
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Prober Charles J.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 18,394 | $25.27 | $465K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 430,892 shares (Direct, null);
Common Stock — 287,333 shares (Indirect, See footnote)
Footnotes (1)
- 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. This includes 1,014 ESPP shares purchased. The shares are held by the Prober 2026 NTGR GRAT.
Key Figures
Tax withholding shares: 18,394 shares
Withholding price: $25.27 per share
Direct holdings after transaction: 430,892 shares
+2 more
5 metrics
Tax withholding shares
18,394 shares
Shares withheld to satisfy tax obligations on RSU vesting
Withholding price
$25.27 per share
Value used for NETGEAR shares withheld for taxes
Direct holdings after transaction
430,892 shares
NETGEAR common stock directly owned by CEO after withholding
Indirect GRAT holdings
287,333 shares
NETGEAR shares held by the Prober 2026 NTGR GRAT
ESPP shares included
1,014 shares
Employee Stock Purchase Plan shares included in reported holdings
Key Terms
restricted stock units, tax withholding obligations, ESPP, GRAT
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.
tax withholding obligations financial
"withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations"
ESPP financial
"This includes 1,014 ESPP shares purchased."
An Employee Stock Purchase Plan (ESPP) is a company program that lets employees buy the company’s shares at a reduced price, usually by setting aside a small portion of their pay over time. It matters to investors because it encourages employees to own part of the business—like giving staff a discounted membership— which can boost commitment and performance, while also potentially increasing the number of shares available and affecting shareholder value.
GRAT financial
"The shares are held by the Prober 2026 NTGR GRAT."