[Form 4] NETGEAR, INC. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NETGEAR, INC. senior vice president Jonathan Russell Oakes reported a routine tax-related share disposition tied to equity compensation. On the vesting of previously granted restricted stock units, 10,601 shares of common stock were withheld by the company to satisfy his tax withholding obligations at $23.35 per share. This was not an open-market sale. After this withholding, he directly holds 74,845 NETGEAR shares. One-third of the restricted stock units vested on June 30, 2026, with the remaining units scheduled to vest in equal quarterly installments, subject to his continued service under the 2024 Inducement Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Oakes Jonathan Russell
Role
SVP and GM, Home Networking
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 10,601 | $23.35 | $248K |
Holdings After Transaction:
Common Stock — 74,845 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 10,601 shares
Withholding price per share: $23.35 per share
Shares owned after transaction: 74,845 shares
+2 more
5 metrics
Shares withheld for taxes
10,601 shares
Tax-withholding disposition on June 30, 2026
Withholding price per share
$23.35 per share
Value used for tax-withholding shares
Shares owned after transaction
74,845 shares
Direct ownership after June 30, 2026 disposition
Initial RSU vesting portion
One-third (1/3)
Restricted stock units vested on June 30, 2026
Ongoing RSU vesting rate
One-twelfth (1/12) quarterly
Future RSU vesting installments after June 30, 2026
Key Terms
restricted stock units, tax withholding obligations, vesting, 2024 Inducement Equity Incentive Plan, +1 more
5 terms
restricted stock units financial
"vesting and settlement of previously reported restricted stock units, as reported on the Form 3"
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
"to satisfy the Reporting Person's tax withholding obligations in connection with the vesting"
vesting financial
"One-third (1/3rd) of the restricted stock units vested on June 30, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
2024 Inducement Equity Incentive Plan financial
"Participant (as defined in the 2024 Inducement Equity Incentive Plan, or the Plan)"
A 2024 inducement equity incentive plan is a program that grants stock, options, or similar ownership-based pay to new hires as a hiring incentive under the company’s current rules. Think of it as a sign-on bonus paid in company shares instead of cash; it aims to attract and motivate talent but can dilute existing shareholders and change executive incentives, so investors watch it for potential impact on share value and management behavior.
Service Provider financial
"continues to be a Service Provider (as defined in the Plan) through such date"