Form 4: NETGEAR CFO Bryan Murray Reports Stock Transactions

Chief Financial Officer of NETGEAR, Bryan Murray, reports acquisition and disposal of company stock, including sales to cover tax obligations.

Summary

• Bryan Murray, the CFO of NETGEAR, filed a Form 4 detailing changes in his beneficial ownership of NETGEAR stock.
• On January 29, 2025, he acquired 6,671 shares of common stock.
• On April 30, 2025, 3,388 shares were disposed of to cover tax obligations related to vested Performance-Based Restricted Stock Units (PRSUs) at a price of $24.12.
• An additional 14,699 shares were disposed of on April 30, 2025, to cover tax obligations related to restricted stock units at a price of $24.12.
• On May 2, 2025, he sold 975 shares at a weighted average price of $27.52 and 1,696 shares at a weighted average price of $28.42.
• Following these transactions, Murray directly owns 178,945 shares of NETGEAR common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particularly positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider and doesn't necessarily reflect a broader industry trend.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the impact is likely minimal given the relatively small number of shares involved.

Key Dates

Keywords

Form 4, NETGEAR, Bryan Murray, Stock Transactions, Beneficial Ownership, CFO