NETGEAR (NTGR) director gets 7,779 RSUs vesting at 2027 meeting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Goli Shravan reported acquisition or exercise transactions in this Form 4 filing.
NETGEAR director Shravan Goli received a grant of 7,779 shares of common stock in the form of restricted stock units. The units were granted at no cash cost per share as part of director compensation. All of these RSUs will vest on the date of NETGEAR's 2027 Annual Meeting of Stockholders, provided he continues to serve on the Board through that date. After this award, Goli directly holds a total of 33,636 shares of NETGEAR common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Goli Shravan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,779 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 33,636 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 7,779 shares
Grant price per share: $0.00 per share
Total shares after grant: 33,636 shares
+1 more
4 metrics
RSU grant size
7,779 shares
Restricted stock units granted to director on 2026-06-03
Grant price per share
$0.00 per share
Equity award, not an open-market purchase
Total shares after grant
33,636 shares
Director’s direct holdings of NETGEAR common stock
Vesting timing
2027 Annual Meeting
RSUs vest 100% at 2027 Annual Meeting of Stockholders
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 on the date of the Company's 2027 Annual Meeting"
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 through such date"
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.
FAQ
What insider transaction did NETGEAR (NTGR) director Shravan Goli report?
Shravan Goli reported receiving 7,779 restricted stock units of NETGEAR common stock. The grant was recorded at a price of $0.00 per share, reflecting a compensation award rather than a market purchase, and increased his direct holdings to 33,636 shares.
What are the vesting terms of Shravan Goli’s 7,779 NETGEAR restricted stock units?
All 7,779 restricted stock units will vest 100% on the date of NETGEAR’s 2027 Annual Meeting of Stockholders. Vesting is conditioned on Goli continuing to serve as a member of the company’s Board of Directors through that meeting date.
Was Shravan Goli’s NETGEAR Form 4 transaction a market purchase or a grant?
The Form 4 shows a grant of 7,779 restricted stock units to Shravan Goli, not a market purchase. The transaction code is “A” for award, and the price per share is listed as $0.00, indicating equity-based compensation rather than open-market buying.
What does transaction code "A" mean in NETGEAR director Shravan Goli’s Form 4?
Transaction code "A" on Shravan Goli’s Form 4 indicates a grant, award, or other acquisition of shares. In this case, it refers to 7,779 restricted stock units of NETGEAR common stock granted as director compensation, subject to vesting at the 2027 annual meeting.