[Form 4] NETGEAR, INC. Insider Trading Activity

Rhea-AI Filing Summary

Badjate Pramod reported acquisition or exercise transactions in this Form 4 filing.

NETGEAR, INC. executive Pramod Badjate received equity awards tied to his role as President & GM, NFB. He was granted 34,419 Performance Restricted Stock Units, each representing a right to receive one share of common stock, and a separate grant of 34,419 shares of Common Stock at no cash cost.

Following the common stock grant, his direct common stock holdings increased to 179,005 shares. One-third of the time-based restricted stock units will vest on April 30, 2027, with the remaining two-thirds vesting in equal quarterly installments thereafter if he continues as a service provider. The performance units may vest based on performance criteria measured from April 2, 2026 through December 31, 2028, with any eligible units vesting on the third anniversary of the grant date, subject to continued service.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Badjate Pramod

Role President & GM, NFB

Type	Security	Shares	Price	Value
Grant/Award	Performance Restricted Stock Units	34,419	$0.00	--
Grant/Award	Common Stock	34,419	$0.00	--

Holdings After Transaction: Performance Restricted Stock Units — 34,419 shares (Direct); Common Stock — 179,005 shares (Direct)

Footnotes (1)

1. One-third (1/3rd) of the restricted stock units will vest on April 30, 2027, and one-twelfth (1/12th) of the restricted stock units will vest in equal quarterly installments thereafter, provided that Participant (as defined in the 2025 Equity Incentive Plan, or the Plan) continues to be a Service Provider (as defined in the Plan) through such date. Performance restricted stock units will become eligible to vest based upon the level of achievement of certain performance-based vesting criteria during the performance period beginning on April 2, 2026 and ending on December 31, 2028. 100% of the eligible performance restricted stock units (if any) will vest on the three-year anniversary of the grant date provided that Participant continues to be a Service Provider through the such date.

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
hours per response:			0.5

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

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^*

Badjate Pramod

(Last) (First) (Middle)

3553 N. FIRST STREET

(Street)

SAN JOSE CALIFORNIA 95134

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & GM, NFB

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

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

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

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

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	04/02/2026		A		34,419(1)	A	$0	179,005	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
Performance Restricted Stock Units	(2)	04/02/2026		A		34,419		(2)	(2)	Common Stock	34,419	$0	34,419	D

Explanation of Responses:

1. One-third (1/3rd) of the restricted stock units will vest on April 30, 2027, and one-twelfth (1/12th) of the restricted stock units will vest in equal quarterly installments thereafter, provided that Participant (as defined in the 2025 Equity Incentive Plan, or the Plan) continues to be a Service Provider (as defined in the Plan) through such date.

2. Performance restricted stock units will become eligible to vest based upon the level of achievement of certain performance-based vesting criteria during the performance period beginning on April 2, 2026 and ending on December 31, 2028. 100% of the eligible performance restricted stock units (if any) will vest on the three-year anniversary of the grant date provided that Participant continues to be a Service Provider through the such date.

	/s/ Kirsten Daru, Attorney-in-Fact	04/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What equity awards did NETGEAR (NTGR) grant to Pramod Badjate?

NETGEAR granted Pramod Badjate 34,419 Performance Restricted Stock Units and a separate grant of 34,419 shares of Common Stock. These awards are part of his compensation and are subject to time-based and performance-based vesting conditions over multiple years.

How do the time-based restricted stock units for NTGR’s Badjate vest?

One-third of the restricted stock units will vest on April 30, 2027. The remaining two-thirds will vest in equal quarterly installments thereafter, provided Badjate continues to be a “Service Provider” under NETGEAR’s 2025 Equity Incentive Plan during the vesting period.

What are the performance conditions for NETGEAR (NTGR) Performance Restricted Stock Units?

The Performance Restricted Stock Units can vest based on achieving performance criteria during a period from April 2, 2026 to December 31, 2028. If any units become eligible, 100% of those eligible units vest on the three-year anniversary of the grant date, subject to continued service.

How many NETGEAR (NTGR) shares does Pramod Badjate hold after this Form 4?

After the reported grant of 34,419 shares of Common Stock, Badjate directly holds 179,005 shares of NETGEAR common stock. This figure reflects his direct ownership position following the latest award reported in this insider filing.

Did Pramod Badjate buy or sell NETGEAR (NTGR) stock on the market?

No market buy or sell is reported. The Form 4 shows grant or award acquisitions of Performance Restricted Stock Units and Common Stock at a price of $0.00 per share, indicating compensation-related equity awards rather than open-market trading activity.