[144] NETGEAR, Inc. SEC Filing

Rhea-AI Filing Summary

BJ’s Wholesale Club Holdings, Inc. (BJ) — Form 4 insider transaction

President & CEO Robert W. Eddy filed a Form 4 for trades executed on 1 July 2025. Mr. Eddy, who is also a director, sold a total of 17,900 BJ common shares in three market transactions:

• 7,308 shares at a weighted-average $106.73
• 9,894 shares at a weighted-average $107.27
• 698 shares at a weighted-average $108.03

The weighted-average sale price range spanned $105.98–$108.07. After the sales, the CEO retains 368,333 shares held directly and 2,000 shares held indirectly through dependent children, leaving him with roughly 370k shares in total. The disposition represents ≈4.6 % of his prior direct ownership.

No derivative securities were reported. The filing does not reference a Rule 10b5-1 trading plan, so the sales appear discretionary. Investors often watch C-suite sales for sentiment signals; however, the executive continues to hold a sizeable equity stake, which may temper negative interpretations.

Positive

• CEO retains a substantial direct holding of 368,333 shares, maintaining strong equity alignment with shareholders.
• Sale represents less than 5 % of prior holdings, suggesting routine diversification rather than a major reduction.

Negative

• President & CEO sold 17,900 shares (~$1.9 M), which can be perceived as a bearish sentiment signal.
• No disclosure of a Rule 10b5-1 trading plan, indicating the sales were discretionary and potentially timing-related.

Insights

Equity Analyst

TL;DR – Routine but sizeable CEO sale (~$1.9 M); sentiment mildly negative yet ownership remains strong.

The 17.9 k-share sale equates to about 4–5 % of Mr. Eddy’s position, generating roughly $1.9 million in proceeds. The absence of accompanying derivatives exercise or 10b5-1 plan suggests opportunistic profit-taking rather than pre-scheduled diversification. While single-day CEO disposals often draw scrutiny, his remaining 368 k shares (≈$39 M at filing price) demonstrate continued alignment with shareholders. Given the magnitude relative to float and average daily volume, the transaction is unlikely to affect market liquidity. Overall impact is neutral to slightly negative; investors should monitor for additional insider selling trends.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	50	1463.00	28783594	07/02/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/30/2025	Restricted Stock	Issuer			50	06/30/2025	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
GRAEME J MCLINDIN 350 East Plumeria Drive San Jose CA 95134	Common	06/13/2025	2377	67454.98

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many BJ shares did the CEO sell on 1 July 2025?

Robert W. Eddy sold 17,900 common shares of BJ’s Wholesale Club Holdings.

What prices did the BJ shares sell for in the Form 4 filing?

Shares were sold at weighted-average prices of $106.73, $107.27, and $108.03, covering a range of $105.98–$108.07.

How many BJ shares does the CEO still own after the sale?

He now owns 368,333 shares directly and 2,000 shares indirectly via dependent children.

Was the insider sale made under a Rule 10b5-1 plan?

The Form 4 does not indicate a Rule 10b5-1(c) trading plan; the corresponding checkbox is not marked.

What percentage of the CEO’s holdings were sold?

The sale represents approximately 4.6 % of his pre-transaction direct ownership.