Binder Kurtis Joseph 4

What Happened

• Kurtis Binder, Arlo Technologies' Chief Financial Officer, sold 25,000 shares on April 6, 2026. The weighted average sale price was $13.9856 (range $13.87–$14.15), producing gross proceeds of about $349,640. This was a sale (often routine) rather than a purchase.

Key Details

• Transaction date: 2026-04-06; Form 4 filed: 2026-04-07.
• Price: weighted average $13.9856; price range $13.87–$14.15. Total proceeds ≈ $349,640.
• Shares owned after the transaction: not reported in the provided excerpt of the filing.
• Footnotes: F1 — sale effected pursuant to a Rule 10b5-1 trading plan adopted Nov 28, 2025; F2 — weighted average and price range disclosed; more granular per-price info available upon SEC/issuer/holder request.
• Timeliness: filing appears timely (reported the next day); not marked late.

Context

• The sale was executed under a 10b5-1 plan, meaning it was part of a pre-established trading arrangement. Such planned sales are typically scheduled in advance and therefore may not reflect the insider’s current view of the company. For many retail investors, open-market purchases by insiders are more directly interpreted as bullish signals than routine sales.