Durr Laura 4
Research Summary
AI-generated summary
NETGEAR (NTGR) Director Laura Durr Receives Award of 7,779 RSUs
What Happened
- Laura Durr, a member of NETGEAR’s Board of Directors, was granted 7,779 restricted stock units (RSUs) on 2026-06-03. The award is reported at $0.00 per share in the Form 4 because it is an RSU grant (not an open-market purchase or sale) and has no immediate cash transaction value.
Key Details
- Transaction date: 2026-06-03; Filing date: 2026-06-05 (timely Form 4 filing).
- Transaction code: A (award/grant); Price: $0.00 (typical for RSU grants).
- Shares granted: 7,779 RSUs. Shares owned after the transaction: not disclosed in the filing.
- Footnote: The RSUs vest 100% on the date of NETGEAR’s 2027 Annual Meeting of Stockholders, contingent on Ms. Durr continuing to serve as a director through that date (per footnote F1).
- No 10b5-1 plan, tax withholding, or immediate sale was reported.
Context
- RSUs are a form of equity compensation that convert to common shares at vesting; this grant does not represent an open-market buy or sell. Because vesting is contingent on continued service, the award reflects standard director compensation rather than an immediate market transaction.