4/A: NETGEAR SVP, SMB, Vikram Mehta Reports Amended Securities Transaction
SEC Form 4/A Filing
Vikram Mehta, SVP, SMB at NETGEAR, INC., filed an amendment to a previous Form 4 filing to correct a miscalculation regarding the sale of common stock.
Summary
- Vikram Mehta, a Senior Vice President at NETGEAR, filed an amended Form 4 with the SEC.
- The amendment corrects a miscalculation in a previous filing related to a transaction on February 5, 2024.
- On February 5, 2024, Mehta disposed of 1,844 shares of NETGEAR common stock at a price of $14.48 per share.
- Following the reported transaction, Mehta beneficially owns 51,720 shares of NETGEAR common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing (Form 4/A) regarding stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather reports factual information.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/05/2024 | Date of the original transaction (sale of common stock) and original filing. |
| 02/05/2024 | Deemed execution date of the transaction. |
| 04/02/2024 | Date of the amendment filing. |
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