| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ARLO | Common Stock | Sale | -$140K | -12.2K | -1.43% | $11.50 | 838K | Mar 4, 2025 | Direct | F1, F2 |
| transaction | ARLO | Common Stock | Sale | -$111K | -9.19K | -1.1% | $12.06 | 829K | Mar 5, 2025 | Direct | F3, F4 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Represents shares sold to satisfy estimated tax withholding obligations upon the settlement of Restricted Stock Units. |
| F2 | The weighted average sale price for the transaction reported was $11.5036 and the range of prices were between $11.4865 and $11.9014. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided. |
| F3 | The sales reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 29, 2024. |
| F4 | The weighted average sale price for the transaction reported was $12.0624, and the range of prices were between $11.73 and $12.33. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided. |