---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-002826"
form_type: "8-K"
ticker: "NTGR"
cik: "0001122904"
company_name: "NETGEAR, INC."
filed_at: "2025-01-07T23:59:59+00:00"
generated_at: "2026-05-28T07:45:43.426663+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# NETGEAR President David J. Henry departs Dec 31, 2024; receives $550K severance

## Summary
- David J. Henry, President & GM of Connected Home Products, separated on Dec 31, 2024.
- Severance includes $550,000 lump sum (12 months base salary) plus COBRA reimbursement for 12 months.
- Unvested time-based RSUs accelerate as if employment continued 12 months; performance-based RSUs vest if metrics met.
- Henry eligible for 2H 2024 bonus at company's discretion, paid with other qualifying employees.
- Separation was previously announced; terms consistent with 2018 Severance Agreement.

## SEC filing metadata
- accession: 0000950170-25-002826
- form_type: 8-K
- ticker: NTGR
- cik: 0001122904
- company_name: NETGEAR, INC.
- filed_at: 2025-01-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1122904/000095017025002826/0000950170-25-002826-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1122904/000095017025002826/ntgr-20241231.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-002826
- JSON: https://secwatch.observer/filing/0000950170-25-002826.json
- Plain text: https://secwatch.observer/filing/0000950170-25-002826.txt

## Key facts
- Executive change
  David J. Henry departed as President and General Manager of Connected Home Products and Services at NETGEAR, INC..
  - Action: separated
  - Role: President and General Manager of Connected Home Products and Services
  source text: David J. Henry, President and General Manager of Connected Home Products and Services of NETGEAR, Inc. (the “Company”), separated from employment with the Company on December 31, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1122904/000095017025002826/0000950170-25-002826-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.