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Arlo Technologies CEO sold nearly $3.12 million worth of company stock, reducing his ownership by 8.09%.
Arlo Technologies CEO Matthew Blake McRae sold 259,227 shares of the company's stock on March 6th at an average price of $12.03, totaling $3.12 million.
This sale reduced his ownership by 8.09% to 2,945,905 shares, valued at $35.44 million.
McRae has made several other recent stock sales, including 200,000 shares on March 10th.
Arlo Technologies provides security cameras and has a market cap of $1.12 billion.
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Arlo Technologies CEO vendió casi $3,12 millones de acciones de la empresa, reduciendo su propiedad en un 8,09%.