NETSCOUT (NTCT) COO gets 2,400 shares from RSU vesting, 585 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,400 shares exercised/converted
Mixed
3 txns
Insider
Munshi Sanjay
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,400 | $0.00 | -- |
| Exercise | Common Stock | 2,400 | $0.00 | -- |
| Tax Withholding | Common Stock | 585 | $41.42 | $24K |
Holdings After Transaction:
Restricted Stock Unit — 37,410 shares (Direct, null);
Common Stock — 9,583 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 12, 2026. June 15, 2026 Date is N/A.
Key Figures
RSUs vested: 2,400 shares
Shares withheld for taxes: 585 shares
Closing price reference: $41.42 per share
+4 more
7 metrics
RSUs vested
2,400 shares
Restricted stock units converting to common stock on June 15, 2026
Shares withheld for taxes
585 shares
Withheld to satisfy tax withholding obligation on RSU vesting
Closing price reference
$41.42 per share
NETSCOUT common stock closing price on June 12, 2026
Common shares after transactions
8,998 shares
Direct ownership of NETSCOUT common stock following Form 4 events
RSU holdings after transactions
37,410 units
Restricted stock units remaining after 2,400-unit vesting
Tax-withholding disposition code
Code F
Payment of tax liability by delivering securities
Derivative exercise code
Code M
Exercise or conversion of derivative security (RSUs into common stock)
Key Terms
Restricted Stock Unit, tax withholding obligation, derivative security, tax-withholding disposition, +1 more
5 terms
Restricted Stock Unit financial
"The shares of Common Stock were acquired upon the vesting of certain restricted stock units previously granted"
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
"shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the vesting"
derivative security financial
"transaction code description 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.
tax-withholding disposition financial
"transaction_action tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Exercise or conversion of derivative security financial
"transaction_code_description Exercise or conversion of derivative security"
FAQ
What did NETSCOUT (NTCT) COO Sanjay Munshi report in this Form 4?
NETSCOUT COO Sanjay Munshi reported vesting of 2,400 restricted stock units that converted into common shares. A portion of the resulting shares was withheld to satisfy tax obligations, updating his equity compensation position without any open-market buying or selling.