Aggarwal Prashant 4
Research Summary
AI-generated summary
Arlo (ARLO) Director Prashant Aggarwal Receives RSU Award
What Happened
Prashant Aggarwal, a director of Arlo Technologies, was granted 14,931 restricted stock units (RSUs) on 2026-06-18. The RSUs were issued at $0.00 per unit (no cash paid) and therefore show $0 in immediate transaction value. These RSUs represent the contingent right to receive one share of common stock per RSU upon vesting.
Key Details
- Transaction date: 2026-06-18 (Form 4 filed 2026-06-22). Filing appears to be within the usual two-business-day window.
- Transaction type: Award/Grant (code A). Price: $0.00 per RSU; total immediate cash value reported: $0.
- Number of RSUs: 14,931.
- Vesting: RSUs vest on the date of the 2027 annual meeting of stockholders (per footnote).
- Plan: Granted under the Issuer's 2018 Equity Incentive Plan.
- Shares owned after transaction: Not specified in the provided filing.
Context
RSU awards are a common form of compensation for executives and directors; they do not represent immediate share ownership until they vest and convert into shares. Such grants are routine and primarily reflect compensation decisions rather than open-market buying or selling.