NETGEAR (NTGR) CFO granted 37,861 performance RSUs, boosting holdings to 241,529 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Murray Bryan reported acquisition or exercise transactions in this Form 4 filing.
NETGEAR, INC. Chief Financial Officer Bryan Murray received new equity awards in the form of restricted and performance-based stock units. On April 2, 2026, he was granted 37,861 Performance Restricted Stock Units tied to an equal number of shares of common stock, bringing his direct common stock holdings to 241,529 shares.
The performance units can vest based on achieving specified performance criteria during the period from April 2, 2026 through December 31, 2028, with any eligible units vesting on the three-year anniversary of the grant date if he remains a service provider. A separate time-based restricted stock unit award vests one-third on April 30, 2027 and then in equal quarterly installments thereafter.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Murray Bryan
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Restricted Stock Units | 37,861 | $0.00 | -- |
| Grant/Award | Common Stock | 37,861 | $0.00 | -- |
Holdings After Transaction:
Performance Restricted Stock Units — 37,861 shares (Direct);
Common Stock — 241,529 shares (Direct)
Footnotes (1)
- One-third (1/3rd) of the restricted stock units will vest on April 30, 2027, and one-twelfth (1/12th) of the restricted stock units will vest in equal quarterly installments thereafter, provided that Participant (as defined in the 2025 Equity Incentive Plan, or the Plan) continues to be a Service Provider (as defined in the Plan) through such date. Shares owned reflects the transfer of 111 shares of common stock pursuant to a domestic relations order. Performance restricted stock units will become eligible to vest based upon the level of achievement of certain performance-based vesting criteria during the performance period beginning on April 2, 2026 and ending on December 31, 2028. 100% of the eligible performance restricted stock units (if any) will vest on the three-year anniversary of the grant date provided that Participant continues to be a Service Provider through the such date.
Key Figures
Performance RSU grant: 37,861 units
Common shares from grant: 37,861 shares
Post-transaction holdings: 241,529 shares
+4 more
7 metrics
Performance RSU grant
37,861 units
Performance Restricted Stock Units granted on April 2, 2026
Common shares from grant
37,861 shares
Underlying common stock tied to performance RSU grant
Post-transaction holdings
241,529 shares
CFO direct NETGEAR common stock after April 2, 2026 grant
Time-based RSU cliff vest
1/3 vests
One-third of restricted stock units vest on April 30, 2027
Performance period
April 2, 2026–December 31, 2028
Period for performance-based vesting criteria on performance RSUs
Performance RSU vest date
3-year anniversary
100% of eligible performance RSUs vest three years after grant
Domestic relations transfer
111 shares
Common stock transferred under a domestic relations order
Key Terms
Performance Restricted Stock Units, restricted stock units, domestic relations order, Service Provider, +1 more
5 terms
Performance Restricted Stock Units financial
"Performance restricted stock units will become eligible to vest based"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
restricted stock units financial
"One-third (1/3rd) of the restricted stock units 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.
domestic relations order financial
"transfer of 111 shares of common stock pursuant to a domestic relations order"
Service Provider financial
"continues to be a Service Provider (as defined in the Plan)"
2025 Equity Incentive Plan financial
"Participant (as defined in the 2025 Equity Incentive Plan, or the Plan)"
FAQ
What insider transaction did NETGEAR (NTGR) report for its CFO?
NETGEAR reported that CFO Bryan Murray received equity awards, including 37,861 Performance Restricted Stock Units on April 2, 2026. These awards are compensation grants at no cash cost per share and increased his direct common stock holdings to 241,529 shares following the transaction.
When do Bryan Murray’s performance stock units in NETGEAR (NTGR) vest?
The performance restricted stock units become eligible to vest based on performance from April 2, 2026 through December 31, 2028. One hundred percent of any eligible performance units then vest on the three-year anniversary of the grant date, if he continues as a service provider through that date.
What are the performance conditions for NETGEAR (NTGR) CFO’s Performance Restricted Stock Units?
The Performance Restricted Stock Units vest based on achieving certain performance-based vesting criteria during a period starting April 2, 2026 and ending December 31, 2028. Only the units deemed eligible under these criteria can vest, and all eligible units vest together on the three-year grant anniversary.
How do Bryan Murray’s time-based NETGEAR (NTGR) restricted stock units vest?
One-third of the time-based restricted stock units vest on April 30, 2027. The remaining two-thirds vest in equal quarterly installments thereafter, as long as the participant continues to be a service provider under the 2025 Equity Incentive Plan on each applicable vesting date.