Netgear Grants Equity Awards to New Employees Under Inducement Plan

Reuters11-01
Netgear Grants Equity Awards to New Employees Under Inducement Plan

Netgear Inc. has announced the grant of inducement equity awards to new employees who recently joined the company. The awards include time-based restricted stock units (RSUs) covering 50,142 shares of Netgear common stock, with one-third of each RSU award vesting after one year and the remaining shares vesting in equal quarterly installments over the following two years, contingent on continued employment. Additionally, one new employee received a performance-based RSU award with a target of 10,417 shares, which will vest based on Netgear's total shareholder return compared to the Nasdaq Telecommunications Index from April 23, 2025, to December 31, 2027, provided the employee remains with the company through the vesting date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Netgear Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251031347697) on November 01, 2025, and is solely responsible for the information contained therein.
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