# EDGAR Filing Document

**Accession Number:** 0001122904
**File Stem:** 0000919574-26-000958
**Filing Date:** 2026-2
**Character Count:** 15682
**Document Hash:** 9ee7fc1fe4c0f600db45cb7cdb8a3def
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000919574-26-000958.hdr.sgml**: 20260213

**ACCESSION NUMBER**: 0000919574-26-000958

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13G

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20260213

**DATE AS OF CHANGE**: 20260213

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NETGEAR, INC.
- **CENTRAL INDEX KEY:** 0001122904
- **STANDARD INDUSTRIAL CLASSIFICATION:** TELEPHONE & TELEGRAPH APPARATUS [3661]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 770419172
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-79527
- **FILM NUMBER:** 26634359

**BUSINESS ADDRESS:**
- **STREET 1:** 3553 N. FIRST STREET
- **CITY:** SAN JOSE
- **STATE:** CA
- **ZIP:** 95134
- **BUSINESS PHONE:** 4089078000

**MAIL ADDRESS:**
- **STREET 1:** 3553 N. FIRST STREET
- **CITY:** SAN JOSE
- **STATE:** CA
- **ZIP:** 95134

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NETGEAR, INC
- **DATE OF NAME CHANGE:** 20060828

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NETGEAR INC
- **DATE OF NAME CHANGE:** 20000828
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Windward Management LP
- **CENTRAL INDEX KEY:** 0001880817

**ORGANIZATION NAME:**
- **EIN:** 872023623
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G

**BUSINESS ADDRESS:**
- **STREET 1:** C/O WINDWARD MANAGEMENT LLC
- **STREET 2:** 1691 MICHIGAN AVENUE, SUITE 510
- **CITY:** MIAMI BEACH
- **STATE:** FL
- **ZIP:** 33139
- **BUSINESS PHONE:** (786) 206-3126

**MAIL ADDRESS:**
- **STREET 1:** C/O WINDWARD MANAGEMENT LLC
- **STREET 2:** 1691 MICHIGAN AVENUE, SUITE 510
- **CITY:** MIAMI BEACH
- **STATE:** FL
- **ZIP:** 33139

## Ex-99

<u>Exhibit A</u>

<u>JOINT FILING AGREEMENT</u>

The undersigned agree that this Schedule 13G dated February 13, 2026 relating to the Common Stock, $0.001 par value, of NETGEAR, Inc. shall be filed on behalf of the undersigned.

---

| |
|:---|
| &nbsp;&nbsp; WINDWARD MANAGEMENT LP<br>By: Windward Management LLC, its general partner<br>By: /s/ Marc Chalfin |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Marc Chalfin |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Managing Member |

---

---

| |
|:---|
| &nbsp;&nbsp; WINDWARD MANAGEMENT LLC<br>By: /s/ Marc Chalfin |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Marc Chalfin |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Managing Member |

---

&nbsp;&nbsp; MARC CHALFIN<br>By: /s/ Marc Chalfin<br>

---

| |
|:---|
| &nbsp;&nbsp; <br> WINDWARD MANAGEMENT PARTNERS MASTER FUND LTD.<br>By: /s/ Marc Chalfin |
| &nbsp;&nbsp;&nbsp;&nbsp;Name: Marc Chalfin |
| &nbsp;&nbsp;&nbsp;&nbsp;Title: Authorized Signatory |

---

## Ex-99

<u>Exhibit B</u>

<u>CONTROL PERSON IDENTIFICATION</u>

Windward Management LP is the relevant entity for which Windward Management LLC and Marc Chalfin may be considered control persons.

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**Issuer:** NETGEAR, Inc.

**Title of Class of Securities:** Common Stock, $0.001 par value

**CUSIP Number:** 64111Q104

**Date of Event Which Requires Filing of this Statement:** 12/30/2025

**Check the appropriate box to designate the rule pursuant to which this Schedule is filed:**

- [ ] Rule 13d-1(b)

- [x] Rule 13d-1(c)

- [ ] Rule 13d-1(d)

---

| 1. | Names of Reporting Persons<br>Windward Management LP | Names of Reporting Persons<br>Windward Management LP |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1445914.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1445914.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1445914.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1445914.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>5.1% | Percent of Class Represented by Amount in Row (9)<br>5.1% |
| 12. | Type of Reporting Person (See Instructions)<br>IA, PN | Type of Reporting Person (See Instructions)<br>IA, PN |

---

| 1. | Names of Reporting Persons<br>Windward Management LLC | Names of Reporting Persons<br>Windward Management LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1445914.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1445914.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1445914.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1445914.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>5.1% | Percent of Class Represented by Amount in Row (9)<br>5.1% |
| 12. | Type of Reporting Person (See Instructions)<br>HC, OO | Type of Reporting Person (See Instructions)<br>HC, OO |

---

| 1. | Names of Reporting Persons<br>Marc Chalfin | Names of Reporting Persons<br>Marc Chalfin |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>X1 | Citizenship or Place of Organization<br>X1 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1445914.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1445914.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1445914.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1445914.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>5.1% | Percent of Class Represented by Amount in Row (9)<br>5.1% |
| 12. | Type of Reporting Person (See Instructions)<br>HC, IN | Type of Reporting Person (See Instructions)<br>HC, IN |

---

| 1. | Names of Reporting Persons<br>Windward Management Partners Master Fund Ltd. | Names of Reporting Persons<br>Windward Management Partners Master Fund Ltd. |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>E9 | Citizenship or Place of Organization<br>E9 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1445914.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1445914.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1445914.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1445914.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>5.1% | Percent of Class Represented by Amount in Row (9)<br>5.1% |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |

---

**Item 1(a). Name of Issuer:**
NETGEAR, Inc.

**Item 1(b). Address of Issuer's Principal Executive Offices:**
3553 N. First Street, San Jose, California 95134

**Item 2(a). Name of Person Filing:**
Windward Management LP
Windward Management LLC
Marc Chalfin
Windward Management Partners Master Fund Ltd.

**Item 2(b). Address of Principal Business Office:**
Windward Management LPc/o Windward Management LLC
1691 Michigan Avenue, Suite 510
Miami Beach, FL 33139

Windward Management LLC
1691 Michigan Avenue, Suite 510
Miami Beach, FL 33139

Marc Chalfinc/o Windward Management LLC
1691 Michigan Avenue, Suite 510
Miami Beach, FL 33139

Windward Management Partners Master Fund Ltd.c/o Windward Management LLC
1691 Michigan Avenue, Suite 510
Miami Beach, FL 33139

**Item 2(c). Citizenship:**
Windward Management LP - Delaware
Windward Management LLC - Delaware
Marc Chalfin - United States
Windward Management Partners Master Fund Ltd. - Cayman Islands

**Item 2(d). Title of Class of Securities:**
Common Stock, $0.001 par value

**Item 2(e). CUSIP Number:**
64111Q104

**Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) [ ] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) [ ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), if filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

(k) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

**Item 4. Ownership:**

**(a) Amount beneficially owned:**

Windward Management LP - 1,445,914
Windward Management LLC - 1,445,914
Marc Chalfin - 1,445,914
Windward Management Partners Master Fund Ltd. - 1,445,914

**(b) Percent of class:**

Windward Management LP - 5.1%
Windward Management LLC - 5.1%
Windward Management Partners Master Fund Ltd. - 5.1%
Marc Chalfin - 5.1%

**(c) Number of shares as to which the person has:**

**(i) Sole power to vote or to direct the vote:**

Windward Management LP - 0
Windward Management LLC - 0
Marc Chalfin - 0
Windward Management Partners Master Fund Ltd. - 0

**(ii) Shared power to vote or to direct the vote:**

Windward Management LP - 1,445,914
Windward Management LLC - 1,445,914
Marc Chalfin - 1,445,914
Windward Management Partners Master Fund Ltd. - 1,445,914

**(iii) Sole power to dispose or to direct the disposition of:**

Windward Management LP - 0
Windward Management LLC - 0
Marc Chalfin - 0
Windward Management Partners Master Fund Ltd. - 0

**(iv) Shared power to dispose or to direct the disposition of:**

Windward Management LP - 1,445,914
Windward Management LLC - 1,445,914
Marc Chalfin - 1,445,914
Windward Management Partners Master Fund Ltd. - 1,445,914

**Item 5. Ownership of Five Percent or Less of a Class.**

[x] If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

**Item 6. Ownership of More than 5 Percent on Behalf of Another Person.**

All of the securities reported in this Schedule 13G are directly owned by Windward Management Partners Master Fund Ltd., an advisory client of Windward Management LP, and accordingly Windward Management Partners Master Fund Ltd. may be deemed to beneficially own more than 5% of the Common Stock, $0.001 par value.

**Item 7. Identification and Classification of the Subsidiary**

Please see Exhibit B attached hereto.

**Item 8. Identification and Classification of Members of the Group**

Not Applicable

**Item 9. Notice of Dissolution of Group**

Not Applicable

**Item 10. Certification:**

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Windward Management LP**

**Date:** 02/13/2026

**By:** By: Windward Management LLC, its general partner, By: /s/ Marc Chalfin

**Name & Title:** Marc Chalfin, Managing Member

**Windward Management LLC**

**Date:** 02/13/2026

**By:** /s/ Marc Chalfin

**Name & Title:** Marc Chalfin, Managing Member

**Marc Chalfin**

**Date:** 02/13/2026

**By:** /s/ Marc Chalfin

**Name & Title:** Marc Chalfin

**Windward Management Partners Master Fund Ltd.**

**Date:** 02/13/2026

**By:** /s/ Marc Chalfin

**Name & Title:** Marc Chalfin, Authorized Signatory