NETSCOUT (NASDAQ: NTCT) COO gets 2,880 RSU shares, 702 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NETSCOUT SYSTEMS INC Chief Operating Officer Sanjay Munshi reported routine equity compensation activity. On June 6, 2026, 2,880 shares of Common Stock were acquired upon vesting of previously granted restricted stock units, at a stated price of $0.00 per share. To cover the related tax withholding obligation, 702 shares of Common Stock were withheld using $40.59 per share, the closing price on June 5, 2026. After these transactions, Munshi directly holds 7,183 shares of Common Stock and 39,810 restricted stock units, reflecting a net increase in his equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,880 shares exercised/converted
Mixed
3 txns
Insider
Munshi Sanjay
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,880 | $0.00 | -- |
| Exercise | Common Stock | 2,880 | $0.00 | -- |
| Tax Withholding | Common Stock | 702 | $40.59 | $28K |
Holdings After Transaction:
Restricted Stock Unit — 39,810 shares (Direct, null);
Common Stock — 7,885 shares (Direct, null)
Footnotes (1)
- The shares of Common Stock were acquired upon the vesting of certain restricted stock units previously granted to the reporting person. Price is N/A. The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units. Represents the closing price of the Company's Common Stock on June 5, 2026. June 6, 2026 Date is N/A.
Key Figures
RSU shares vested: 2,880 shares
Shares withheld for taxes: 702 shares at $40.59
Direct Common shares after transactions: 7,183 shares
+2 more
5 metrics
RSU shares vested
2,880 shares
Common Stock acquired upon restricted stock unit vesting on June 6, 2026
Shares withheld for taxes
702 shares at $40.59
Common Stock withheld to satisfy tax obligation using June 5, 2026 closing price
Direct Common shares after transactions
7,183 shares
Direct ownership of Common Stock following reported transactions
Restricted stock units remaining
39,810 units
RSU balance after 2,880 units converted into Common Stock
Closing price reference
$40.59 per share
Closing price of Common Stock on June 5, 2026 used for tax withholding
Key Terms
Restricted Stock Unit, tax withholding obligation, derivative security, closing price
4 terms
Restricted Stock Unit financial
"The shares of Common Stock were acquired upon the vesting of certain restricted stock units previously granted to the reporting person."
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.
tax withholding obligation financial
"The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units."
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
closing price financial
"Represents the closing price of the Company's Common Stock on June 5, 2026."
FAQ
What did NTCT COO Sanjay Munshi report in this Form 4 filing?
COO Sanjay Munshi reported vesting of 2,880 restricted stock units that converted into Common Stock and a related tax share withholding of 702 shares. These actions are routine equity compensation events rather than open-market purchases or sales.