NetScout (NASDAQ: NTCT) COO nets 3,000 shares after tax
Rhea-AI Filing Summary
NETSCOUT SYSTEMS INC (NTCT) reported that Chief Operating Officer Sanjay Munshi had 3,000 Restricted Stock Units vest on August 25, 2026, converting into 3,000 shares of Common Stock. Of these, 731 shares were withheld at a price of $37.81 per share to satisfy tax withholding obligations. Following these transactions, Munshi directly holds 34,410 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,269 shares
Net Buy
3 txns
Insider
Munshi Sanjay
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2, F5, F6 | 3,000 | -- | -- |
| Exercise | Common Stock F1, F2 | 3,000 | -- | -- |
| Tax Withholding | Common Stock F3, F4 | 731 | $37.81 | $28K |
Holdings After Transaction:
Restricted Stock Unit — 34,410 shares (Direct);
Common Stock — 8,998 shares (Direct)
Footnotes (6)
- F1. The shares of Common Stock were acquired upon the vesting of certain restricted stock units previously granted to the reporting person.
- F2. Price is N/A.
- F3. The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units.
- F4. Represents the closing price of the Company's Common Stock on August 24, 2026.
- F5. August 25, 2026
- F6. Date is N/A.
Key Figures
RSUs vested and converted: 3,000 shares of Common Stock
Shares withheld for taxes: 731 shares of Common Stock
Tax-withholding reference price: $37.81 per share
+1 more
4 metrics
RSUs vested and converted
3,000 shares of Common Stock
Restricted Stock Units vested for Sanjay Munshi on August 25, 2026
Shares withheld for taxes
731 shares of Common Stock
Withheld to satisfy tax withholding obligations upon RSU vesting
Tax-withholding reference price
$37.81 per share
Closing price of NETSCOUT Common Stock on August 24, 2026
Shares owned after transactions
34,410 shares of Common Stock
Direct holdings of Sanjay Munshi following the reported transactions
Key Terms
Restricted Stock Unit, withheld to satisfy the reporting person's tax withholding obligation, closing price
3 terms
Restricted Stock Unit financial
"The shares of Common Stock were acquired upon the vesting of certain restricted stock units"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
withheld to satisfy the reporting person's tax withholding obligation financial
"The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation"
closing price financial
"Represents the closing price of the Company's Common Stock on August 24, 2026."
FAQ
What transactions did NTCT executive Sanjay Munshi report on August 25, 2026?
On August 25, 2026, Sanjay Munshi had 3,000 Restricted Stock Units vest, converting into 3,000 shares of NETSCOUT Common Stock. Of these, 731 shares were withheld to cover tax obligations, and the remainder increased his directly held Common Stock position.
How many NETSCOUT (NTCT) Restricted Stock Units vested for Sanjay Munshi?
A total of 3,000 Restricted Stock Units previously granted to Sanjay Munshi vested on August 25, 2026. Upon vesting, these RSUs converted into 3,000 shares of NETSCOUT Common Stock, as reported in the Form 4 filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.