Arlo Technologies CFO Kurtis Joseph Binder sells $630K in stock under 10b5‑1 plan

Arlo Technologies CFO Kurtis Joseph Binder sold 13,971 shares on August 3 for $209,704 and 27,297 shares on August 4 for $423,649, both under a pre‑arranged Rule 10b5‑1 trading plan. Earlier sales included 16,507 shares on July 6 for $211,784 and 65,000 shares on May 8 for $1,020,500. The transactions reduced his stake by roughly 5.8%, leaving him with 469,407 shares valued at about $7.05 million.

Arlo reported quarterly earnings of $0.28 per share, beating analysts’ $0.19 estimate, and revenue of $150.38 million, up 26.3% year‑over‑year. The stock traded around $15.93 during the reporting period.