Orvidas Laura 4
4 · NETGEAR, INC. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
NETGEAR Director Laura Orvidas Receives 7,779 RSUs
What Happened
Laura Orvidas, a member of NETGEAR's Board of Directors, was granted 7,779 restricted stock units (RSUs) on 2026-06-03. The grant was recorded at $0.00 per share (typical for RSU awards); there was no cash purchase or sale. This is an equity award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-03 (reported on Form 4 filed 2026-06-05, accession 0002030095-26-000002).
- Transaction type: A (award/grant) — 7,779 RSUs granted; acquisition price reported as $0.00.
- Shares owned after transaction: Not disclosed on the Form 4 provided.
- Vesting/conditions: Footnote F1 — 100% of the RSUs vest on the date of NETGEAR's 2027 Annual Meeting of Stockholders, provided Ms. Orvidas continues to serve on the Board through that date.
- Timeliness: Filing appears timely (transaction 2026-06-03, Form 4 filed 2026-06-05).
Context
RSU grants to non-employee directors are common compensation and do not reflect an immediate purchase or sale of stock. These units typically convert to shares (and may be taxable) only when they vest; here vesting is conditioned on continued board service through the 2027 annual meeting. This award increases the director’s potential future equity stake but does not represent an immediate cash transaction or market activity.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-03+7,779→ 25,690 total
Footnotes (1)
- [F1]Represents the grant of restricted stock units, 100% of which will vest on the date of the Company's 2027 Annual Meeting of Stockholders, provided that the Reporting Person continues to serve as a member of the Company's Board of Directors through such date.