Murray Bryan 4

What Happened
Murray Bryan, Chief Financial Officer of NETGEAR (NTGR), had 2,985 shares withheld by the company on January 31, 2026 to satisfy tax withholding obligations related to the vesting and settlement of previously granted restricted stock units (RSUs). The shares were valued at $20.91 each for a total of $62,416. This was a withholding/cashless settlement to cover taxes, not an open-market sale.

Key Details

• Transaction date: 2026-01-31; price: $20.91 per share; total value: $62,416.
• Shares involved: 2,985 withheld (reported as disposition under code F for tax withholding).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: F1 — issuer withheld shares to satisfy the reporting person’s tax withholding obligations on vested RSUs.
• Filing: Report filed 2026-02-03; appears timely (within the standard two-business-day Form 4 window). No 10b5-1 plan or gift noted.

Context
Withholdings to cover taxes on vested RSUs are common and are treated as routine compensation-related dispositions rather than indicative of a decision to sell shares on the open market. Such transactions typically provide limited information about the insider’s view of the company’s prospects.