Badjate Pramod 4
4 · NETGEAR, INC. · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
NETGEAR (NTGR) President Pramod Badjate Receives RSU & PRSU Award
What Happened Pramod Badjate, President & GM, NFB of NETGEAR (NTGR), was awarded two equity grants on April 2, 2026: 34,419 restricted stock units (RSUs) and 34,419 performance restricted stock units (PRSUs), for a total of 68,838 units. Both entries are recorded at $0.00 because these are compensatory grants, not open-market purchases.
Key Details
- Transaction date: April 2, 2026; Form 4 filed April 6, 2026 (reporting period April 2, 2026).
- Grant details: 34,419 RSUs (award) and 34,419 PRSUs (derivative award). Aggregate = 68,838 units. Reported price: $0.00 (compensation grant).
- Shares owned after the transaction: not specified in the filing.
- Plan: Awards governed by the 2025 Equity Incentive Plan (as referenced in footnotes).
- Vesting/conditions (from footnotes):
- RSUs: One‑third vests on April 30, 2027, then one‑twelfth vests in equal quarterly installments thereafter, contingent on continued service.
- PRSUs: Eligible to vest based on performance over the period Apr 2, 2026–Dec 31, 2028; up to 100% of eligible PRSUs (if any) vest on the three‑year anniversary of the grant, subject to continued service.
- No 10b5-1, tax‑withholding, or late‑filing notation is specified in the summary data provided here.
Context These are compensation grants (not purchases or sales). RSUs provide shares if the executive remains employed through the vesting dates; PRSUs add a performance condition that must be met before shares vest. Such awards are common executive compensation and do not by themselves indicate insider buying or selling intentions.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-02+34,419→ 179,005 total - Award
Performance Restricted Stock Units
[F2]2026-04-02+34,419→ 34,419 total→ Common Stock (34,419 underlying)
Footnotes (2)
- [F1]One-third (1/3rd) of the restricted stock units will vest on April 30, 2027, and one-twelfth (1/12th) of the restricted stock units will vest in equal quarterly installments thereafter, provided that Participant (as defined in the 2025 Equity Incentive Plan, or the Plan) continues to be a Service Provider (as defined in the Plan) through such date.
- [F2]Performance restricted stock units will become eligible to vest based upon the level of achievement of certain performance-based vesting criteria during the performance period beginning on April 2, 2026 and ending on December 31, 2028. 100% of the eligible performance restricted stock units (if any) will vest on the three-year anniversary of the grant date provided that Participant continues to be a Service Provider through the such date.