Oakes Jonathan Russell 4
4 · NETGEAR, INC. · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
NETGEAR SVP Jonathan Oakes Receives Restricted Stock Award
What Happened
Jonathan Oakes, SVP and GM of Home Networking at NETGEAR (NTGR), was granted two awards on April 2, 2026: 22,946 time‑based restricted stock units (RSUs) and 22,946 performance‑based RSUs, for a total of 45,892 units. Both awards were granted at $0.00 (no cash paid). These are grants/awards (A) rather than open‑market purchases or sales.
Key Details
- Transaction date: April 2, 2026; Form 4 filed April 6, 2026 (filed within the required reporting window).
- Award amounts and price: 22,946 RSUs (time‑based) @ $0.00 and 22,946 performance RSUs (derivative) @ $0.00; total 45,892 units.
- Shares owned after transaction: Not disclosed in the filing.
- Vesting / conditions:
- Time‑based RSUs (F1): 1/3 vest on April 30, 2027, then 1/12 vest in equal quarterly installments thereafter, subject to continued service.
- Performance RSUs (F2): Eligible to vest based on performance over the period April 2, 2026–December 31, 2028; if eligible, 100% vests on the three‑year anniversary of the grant (subject to continued service).
- Transaction code: A = Award/Grant; second line is a derivative award (performance RSUs).
Context
These grants are awards, not sales or exercises—they represent future compensation that vests over time and/or upon achievement of performance goals. Performance RSUs may never vest if targets aren’t met; time‑based RSUs will vest only with continued service per the stated schedule. No immediate sale or cashless exercise occurred.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-02+22,946→ 85,446 total - Award
Performance Restricted Stock Units
[F2]2026-04-02+22,946→ 22,946 total→ Common Stock (22,946 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.