Netgear executive sells 3,000 shares in plan trade
NETGEAR, Inc. executive Pramod Badjate reported routine share transactions.
Sentiment and the balance of points
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Rhea-AI Filing Summary
NETGEAR, Inc. executive Pramod Badjate reported routine share transactions. On January 31, 2026, the company withheld 7,775 shares of common stock at $20.91 to cover his tax obligations from vesting restricted stock units. On February 2, 2026, he sold 3,000 shares of common stock at a weighted average price of $20.97 under a pre-arranged Rule 10b5-1 trading plan adopted on August 20, 2025. After these transactions, he directly owned 144,586 shares of NETGEAR common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,000 | $20.97 | $63K |
| Exercise Price or Tax Liability | Common Stock | 7,775 | $20.91 | $163K |
Footnotes (3)
- 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. 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.
- F3. 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 $20.71 to $21.41, 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.
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