Charles J. Prober, Chief Executive Officer and Director of NETGEAR, INC. (NASDAQ:NTGR), filed a Form 4 on November 3, 2026, disclosing that 4,598 shares of common stock were withheld on October 31, 2026, to cover tax obligations tied to the vesting of restricted stock units.

Key Highlights

  • Transaction type: 4,598 shares of common stock were disposed of under transaction code F (tax withholding) at $22.60 per share on October 31, 2026.
  • Direct ownership after transaction: Prober directly holds 421,696 shares of NETGEAR common stock following the reported transaction.
  • Indirect ownership - 2026 GRAT: 124,792 shares are held indirectly through the Prober 2026 NTGR GRAT.
  • Indirect ownership - 2025 GRAT: 162,541 shares are held indirectly through the Prober 2025 NTGR GRAT.
  • Nature of transaction: According to the filing, the shares represent withholding by the issuer to satisfy tax obligations connected with the vesting and settlement of previously reported restricted stock units.

Prober RSU Vesting Triggers Share Withholding at NETGEAR

According to the Form 4 filed with the SEC on November 3, 2026, Charles J. Prober, who serves as both Chief Executive Officer and Director of NETGEAR, INC. (NASDAQ:NTGR), reported a single disposition transaction dated October 31, 2026. The transaction involved 4,598 shares of common stock disposed of at a price of $22.60 per share. The filing states that this represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the vesting and settlement of previously reported restricted stock units.

Following the reported transaction, Prober directly owns 421,696 shares of NETGEAR common stock, the filing disclosed. In addition, the filing identifies two pools of indirectly held shares: 124,792 shares held by the Prober 2026 NTGR GRAT and 162,541 shares held by the Prober 2025 NTGR GRAT. No derivative securities transactions were reported in Table II of the filing.

The Form 4 was signed by Kirsten Daru as Attorney-in-Fact on November 3, 2026. The filing indicates that Prober filed individually as a single reporting person. No amendment date was listed, indicating this is an original filing covering transactions beginning October 31, 2026.

What Was Disclosed

Prober's Form 4 disclosed a single tax-withholding share disposition of 4,598 shares at $22.60 on October 31, 2026, in connection with RSU vesting, leaving him with 421,696 shares directly and 287,333 shares held indirectly through two grantor retained annuity trusts.