NTGR Form 4: Director Goli Shravan reports 11,757-share sale via 10b5-1

Rhea-AI Filing Summary

NETGEAR insider transactions disclosed on Form 4: Director Goli Shravan reported sales of common stock on 08/22/2025 executed under a Rule 10b5-1 plan. The filing shows two reported dispositions: 10,527 shares sold at a weighted average price of $26.07 (range $25.40–$26.39) and 1,230 shares sold at a weighted average price of $26.41 (range $26.40–$26.49). After these transactions the reporting person beneficially owned 31,285 shares (direct). The Form 4 was signed by an attorney-in-fact on 08/26/2025 and the filing states the plan was adopted on May 23, 2025, for purposes including covering expected tax liability.

Positive

• Transactions executed under a Rule 10b5-1 plan, indicating they were pre-planned and intended to meet affirmative-defense conditions
• Filing provides weighted-average prices and price ranges and commits to provide per-trade pricing on request, which increases transparency

Negative

• Insider sold a total of 11,757 shares, which reduces the reporting person’s direct ownership from prior levels to 31,285 shares
• Form 4 does not list per-trade quantities at each price; only weighted averages and ranges are provided

Insights

Securities Analyst

TL;DR: Routine insider share sales under a 10b5-1 plan; not an unscheduled or unexplained disposition.

The reported transactions are sales executed pursuant to a pre-established Rule 10b5-1 plan adopted May 23, 2025. The Form 4 discloses weighted-average sale prices and price ranges rather than single execution prices, and states the purpose includes covering expected tax liability. The disclosure is consistent with planned, non-discretionary sales and provides the issuer and SEC staff the ability to request per-trade pricing details. There is no additional financial or operational information in the filing.

Corporate Governance Expert

TL;DR: Governance disclosure appears complete for the transactions reported; plan and signature details are included.

The Form 4 identifies the reporting person as a Director, indicates a single reporting person filed, and includes an attorney-in-fact signature dated 08/26/2025. The filing explains the 10b5-1 plan adoption date and stated intent (including tax coverage). The explanation commits to furnish detailed per-price sales data upon request, which supports transparency. The form contains no other governance actions or changes.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Goli Shravan

(Last) (First) (Middle)

350 EAST PLUMERIA DRIVE

(Street)

SAN JOSE CA 95134

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NETGEAR, INC. [ NTGR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/22/2025		S(1)		10,527	D	$26.07(2)	32,515	D
Common Stock	08/22/2025		S(1)		1,230	D	$26.41(3)	31,285	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the reporting person on May 23, 2025 for purposes including covering expected tax liability.

2. 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 $25.40 to $26.39, 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.

3. 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 $26.40 to $26.49, 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.

	/s/ Kirsten Daru, Attorney-in-Fact	08/26/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did NETGEAR director Goli Shravan disclose on Form 4 (NTGR)?

The director reported sales on 08/22/2025 totalling 11,757 shares under a Rule 10b5-1 plan, with weighted-average prices of $26.07 and $26.41.

Were the share sales by Goli Shravan discretionary or planned?

The sales were executed pursuant to a Rule 10b5-1 plan adopted May 23, 2025, indicating they were pre-established (non-discretionary) transactions.

How many NETGEAR shares does the reporting person own after the transactions?

Following the reported sales, the filing shows the reporting person beneficially owned 31,285 shares (direct).

What price ranges were reported for the sales?

The filing reports price ranges of $25.40–$26.39 for one block (weighted avg $26.07) and $26.40–$26.49 for the other (weighted avg $26.41).

Who signed the Form 4 and when?

The Form 4 was signed by /s/ Kirsten Daru, Attorney-in-Fact on 08/26/2025.