NETGEAR executive sells 3,000 shares in Form 4
NETGEAR, INC. executive Pramod Badjate reported two recent share movements.
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Form Type
4
Rhea-AI Filing Summary
NETGEAR, INC. executive Pramod Badjate reported two recent share movements. On April 30, 2026, 11,506 shares of common stock were withheld at $25.27 per share to cover tax obligations tied to vesting of previously reported restricted stock units.
On May 1, 2026, he executed an open-market sale of 3,000 shares of common stock at a weighted average price of $25.47 per share under a pre-arranged Rule 10b5-1 Plan. After these transactions, he directly holds 165,513 shares of NETGEAR common stock.
Insider Trade Summary 10b5-1
Net Seller: 3,000 shares
Net Sell
2 txns
Insider
Badjate Pramod
Role
President & GM, NFB
Sold
3,000 shs ($76K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,000 | $25.47 | $76K |
| Exercise Price or Tax Liability | Common Stock | 11,506 | $25.27 | $291K |
Holdings After Transaction:
Common Stock — 165,513 shares (Direct)
Footnotes (4)
- F1. 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.
- F2. This includes 1,014 ESPP shares purchased.
- F3. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the reporting person on August 20, 2025.
- F4. 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 $24.95 to $25.78, 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.
Key Figures
Open-market sale: 3,000 shares at $25.47
Tax withholding shares: 11,506 shares at $25.27
Post-transaction holdings: 165,513 shares
+2 more
5 metrics
Open-market sale
3,000 shares at $25.47
Common Stock sold on May 1, 2026
Tax withholding shares
11,506 shares at $25.27
Withheld for RSU tax obligations on April 30, 2026
Post-transaction holdings
165,513 shares
Direct NETGEAR common stock after transactions
Sale price range
$24.95–$25.78 per share
Price range for May 1, 2026 sale trades
Tax-withheld transactions
11,506 shares
transactionSummary taxWithholdingShares
Key Terms
Rule 10b5-1 Plan, restricted stock units, weighted average price, ESPP, +1 more
5 terms
Rule 10b5-1 Plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
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.
weighted average price financial
"The price reported in Column 4 of Table I represents the weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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.
tax withholding obligations financial
"to satisfy the Reporting Person's tax withholding obligations in connection with the vesting"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did NETGEAR (NTGR) executive Pramod Badjate report?
Pramod Badjate reported two events: 11,506 NETGEAR shares were withheld to cover tax obligations from restricted stock unit vesting, and he sold 3,000 shares in an open-market transaction. Both are disclosed in his latest Form 4 filing.
What price range did the NETGEAR (NTGR) insider sale cover?
The weighted average sale price was $25.47, with individual trades executed between $24.95 and $25.78 per share. The insider undertook to provide full trade details upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
