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The following table summarizes the share repurchase activity for the quarter ended December 31, 2025.
−Removed: Total Number of Shares Purchased Average Price Paid Per Share (2)
+Added: Period Total Number of Shares Purchased Average Price Paid Per Share (2)
Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1)
1 unchanged sentence
September 29 - October 26, 2025 67,629 $16.69 67,629 $17,696,029
−Removed: October 28 - December 1, 2024 — — — —
+Added: October 27 - November 30, 2025 1,148,069 $15.37 1,148,069 $73,158
December 1 - December 31, 2025 — $— — $73,158
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_________________________
−Removed: (1) On September 24, 2024, we announced that our Board of Directors approved a stock repurchase program of up to an aggregate of $50 million of shares of Arlo’s common stock.
−Removed: The timing and actual number of shares repurchased depend on a variety of factors, including price, general business and market conditions, and other investment opportunities, and shares may be repurchased through open market purchases, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Exchange Act.
−Removed: The stock repurchase program is expected to continue through December 31, 2026 unless extended or shortened by our Board of Directors.
+Added: (1) On September 24, 2024, we announced that our Board of Directors approved a stock repurchase program of up to an aggregate of $50.0 million of shares of Arlo’s common stock through open market purchases in a manner deemed to be in the best interests of our company and stockholders, considering the economic cost and prevailing market conditions, including the relative trading prices and volumes of Arlo’s common stock.
+Added: As of December 31, 2025, the stock repurchase program of $50.0 million has been concluded.
(2) Average price paid per share includes commission costs, but excludes the 1% excise tax accrued on our share repurchases as a result of the Inflation Reduction Act of 2022.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.