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Netgear Director Lacy buys 27,700 shares of common stock

By Associated Press
May 5, 2008 | Comments (0)

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A director of Netgear Inc., which makes computer networking products, bought 27,700 shares of stock, according to a Securities and Exchange Commission filing Friday.

In a Form 4 filed with the SEC, Linwood A. Lacy Jr. reported he bought the shares for $16.15 and $16.75 apiece on Wednesday and Thursday.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Netgear is based in Santa Clara, Calif.

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