NETGEAR Elects New Director, Updates Executive Compensation
Ticker: NTGR · Form: 8-K · Filed: Mar 27, 2024 · CIK: 1122904
| Field | Detail |
|---|---|
| Company | Netgear, Inc. (NTGR) |
| Form Type | 8-K |
| Filed Date | Mar 27, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-of-directors
Related Tickers: NTGR
TL;DR
NETGEAR adds a director and tweaks exec pay. Board changes incoming.
AI Summary
NETGEAR, INC. announced on March 21, 2024, changes to its board of directors and executive compensation. Patrick T. Kaltenbach was elected as a Class II director, and the company also disclosed details regarding its compensatory arrangements for certain officers.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy and governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance changes and executive compensation updates, which typically carry low immediate risk.
Key Players & Entities
- NETGEAR, INC. (company) — Registrant
- Patrick T. Kaltenbach (person) — Elected Class II Director
- March 21, 2024 (date) — Date of earliest event reported
FAQ
Who was elected as a new director for NETGEAR, INC.?
Patrick T. Kaltenbach was elected as a Class II director.
What is the exact date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is March 21, 2024.
What is NETGEAR, INC.'s principal executive office address?
The principal executive offices are located at 350 East Plumeria Drive, San Jose, CA 95134.
What is NETGEAR, INC.'s telephone number?
The company's telephone number is (408) 907-8000.
What are the main topics covered in this 8-K filing?
This filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
Filing Stats: 441 words · 2 min read · ~1 pages · Grade level 10.6 · Accepted 2024-03-27 16:04:59
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value NTGR The Nasdaq Stock Mar
Filing Documents
- ntgr-20240321.htm (8-K) — 38KB
- 0000950170-24-037154.txt ( ) — 151KB
- ntgr-20240321.xsd (EX-101.SCH) — 29KB
- ntgr-20240321_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: March 27, 2024 NETGEAR, INC. By: /s/ Bryan D. Murray Bryan D. Murray Chief Financial Officer