Butterfass Sarah 4

What Happened Sarah Butterfass, a member of NETGEAR's Board of Directors, was granted 7,779 restricted stock units (RSUs) on June 3, 2026. The Form 4 reports the grant at $0.00 per share (no cash exchanged at grant). These RSUs represent an award of future common stock rather than a purchase or sale.

Key Details

• Transaction date: 2026-06-03; Filing date: 2026-06-05 (timely filing).
• Transaction type/code: A — Award/Grant.
• Shares granted: 7,779 RSUs; reported acquisition price: $0.00.
• Vesting: Per the filing footnote, 100% of the RSUs vest on the date of the company's 2027 Annual Meeting of Stockholders, provided Butterfass remains a director through that date.
• Shares owned after transaction: not specified in the provided filing excerpt.
• No tax withholding, sale, or exercise reported in this transaction.

Context RSUs are equity awards that convert to shares when they vest; they do not represent immediate market purchases or sales. Board RSU grants are a common form of director compensation and do not, by themselves, indicate a buy or sell signal. The award vests only if Butterfass continues her board service through the 2027 annual meeting.