NETSCOUT COO vests 2,400 RSUs, covers taxes in stock
NETSCOUT Systems Chief Operating Officer Sanjay Munshi reported routine equity compensation activity involving restricted stock units.
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Rhea-AI Filing Summary
NETSCOUT Systems Chief Operating Officer Sanjay Munshi reported routine equity compensation activity involving restricted stock units. On June 15, 2026, 2,400 restricted stock units vested and converted into the same number of shares of common stock at a price noted as not applicable.
Of these shares, 585 shares were withheld to cover his tax withholding obligation, based on the company’s common stock closing price of $41.42 on June 12, 2026. Following these transactions, Munshi holds 8,998 shares of common stock directly and 37,410 restricted stock units, reflecting a compensation-related update rather than an open-market trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,400 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,400 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 585 | $41.42 | $24K |
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 June 12, 2026.
- F5. June 15, 2026
- F6. Date is N/A.
Key Figures
Key Terms
Restricted Stock Unit financial
tax withholding obligation financial
derivative security financial
tax-withholding disposition financial
Exercise or conversion of derivative security financial
FAQ
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What did NETSCOUT (NTCT) COO Sanjay Munshi report in this Form 4?
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