STOCK TITAN

NETSCOUT (NASDAQ: NTCT) COO gets 2,880 RSU shares, 702 withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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  • None.
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)
  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.
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
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."
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Munshi Sanjay

(Last)(First)(Middle)
C/O NETSCOUT SYSTEMS, INC.
310 LITTLETON ROAD

(Street)
WESTFORD MASSACHUSETTS 01886

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NETSCOUT SYSTEMS INC [ NTCT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/06/2026M(1)2,880A(2)7,885D
Common Stock06/06/2026F(3)702D$40.59(4)7,183D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(2)06/06/2026M2,880 (5) (6)Common Stock2,880(2)39,810D
Explanation of Responses:
1. The shares of Common Stock were acquired upon the vesting of certain restricted stock units previously granted to the reporting person.
2. Price is N/A.
3. The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units.
4. Represents the closing price of the Company's Common Stock on June 5, 2026.
5. June 6, 2026
6. Date is N/A.
/s/ Jeff Levinson by Power of Attorney06/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many NTCT shares did Sanjay Munshi acquire and dispose of?

Sanjay Munshi acquired 2,880 shares of NETSCOUT Common Stock through restricted stock unit vesting and had 702 shares withheld to satisfy tax obligations. This left him with a net increase in directly held shares after the compensation-related transactions.

What is Sanjay Munshi’s NTCT share ownership after these transactions?

After the reported transactions, Sanjay Munshi directly holds 7,183 shares of NETSCOUT Common Stock and 39,810 restricted stock units. These figures show his continuing equity stake in the company following the vesting and related tax withholding.

Was the 702-share NTCT disposition an open-market sale?

The 702-share disposition was not an open-market sale. The shares were withheld by NETSCOUT to cover Sanjay Munshi’s tax withholding obligation arising from the vesting of restricted stock units, a common administrative feature of equity compensation.

At what price were NTCT shares valued for the tax withholding in this filing?

The 702 shares withheld for tax purposes were valued at $40.59 per share, which represents the closing price of NETSCOUT’s Common Stock on June 5, 2026, as disclosed in the Form 4 footnotes accompanying the transactions.