Oakes Jonathan Russell 4

What Happened

• Jonathan Russell Oakes, SVP and GM, Home Networking at NETGEAR (NTGR), had 10,601 shares disposed/withheld to satisfy tax withholding obligations tied to the vesting and settlement of previously awarded restricted stock units (RSUs). The withholding was reported as a disposal at $23.35 per share, totaling about $247,533 on June 30, 2026. This is a routine tax-withholding event rather than a voluntary open-market sale.

Key Details

• Transaction date: 2026-06-30; Price: $23.35 per share; Shares withheld/disposed: 10,601; Value: $247,533. (Transaction code F = tax withholding.)
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Withholding represents payment of tax obligations on RSUs previously reported on a Form 3 filed July 29, 2025. One-third of the RSUs vested on June 30, 2026; remaining RSUs vest one-twelfth each quarter thereafter, subject to continued service under the 2024 Inducement Equity Incentive Plan.
• Filing timeliness: Report filed 2026-07-02 for a 2026-06-30 transaction — appears to be filed within the standard 2-business-day window.

Context

• This was a tax-withholding disposition in connection with RSU vesting (a common administrative action), not an indication of a discretionary market sale or a change in ownership intent. For retail investors, routine withholding events generally do not signal insider conviction in the same way a voluntary purchase might.