NTGR.NASDAQNetgear, INC

Form 4: NETGEAR Director Laura Durr Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director Laura Durr reports acquisition and disposal of NETGEAR common stock on May 30, 2024.

Summary

  • On May 30, 2024, Laura Durr, a director of NETGEAR, Inc., reported changes in her beneficial ownership of the company's common stock.
  • She acquired 14,619 shares of common stock.
  • She disposed of 47,073 shares of common stock.
  • Following these transactions, Durr beneficially owns 47,073 shares of NETGEAR common stock.
  • 100% of the restricted stock units will vest on the date of the Company's 2025 Annual Meeting of Stockholders, provided that the individual continues to serve as a member of the NETGEAR, Inc. Board of Directors until such date.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.

Future Outlook

100% of the restricted stock units will vest on the date of the Company's 2025 Annual Meeting of Stockholders, provided that the individual continues to serve as a member of the NETGEAR, Inc. Board of Directors until such date.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.

Key Dates

DateDescription
05/30/2024Date of transaction: acquisition and disposal of NETGEAR common stock
05/31/2024Date of signature for the report

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