Binder Kurtis Joseph 4

What Happened
Kurtis Joseph Binder, Arlo Technologies' Chief Financial Officer, sold 16,507 shares in an open-market transaction on July 6, 2026. The reported price was $12.83 per share for a total proceeds of approximately $211,706. This was a sale (not a purchase); sales by insiders can be routine and do not necessarily indicate a change in outlook.

Key Details

• Transaction date: 2026-07-06 — open market sale (Transaction code: S)
• Reported price: $12.83 per share; reported total proceeds ≈ $211,706
• Filing footnote F2: weighted average price reported as $12.8252; price range $12.63–$12.98 (issuer can provide share counts by price on request)
• Filing footnote F1: sale was made pursuant to a Rule 10b5-1 trading plan adopted March 10, 2026
• Shares owned after transaction: not disclosed in the provided filing excerpt
• Timeliness: Form 4 filed with report date 2026-07-06; no late filing indicated in the provided data

Context
Trades under a 10b5-1 plan are prearranged and commonly used by executives to sell shares on a set schedule, which can limit the extent to which a sale signals insider sentiment. For retail investors, purchases by insiders tend to be more informative than routine sales, though all insider activity is useful to track.