NetScout director awarded 7,000 RSUs; 7,000 vest
Director Alfred Grasso reported a 7,000-share RSU grant and a 7,000-share RSU vesting into Common Stock at NETSCOUT SYSTEMS INC, lifting his direct holdings to 42,000 shares.
Rhea-AI Filing Summary
NETSCOUT SYSTEMS INC (NTCT) reported that director Alfred Grasso received and exercised equity awards. On September 9, 2026, he was granted 7,000 Restricted Stock Units, each representing 1 share of Common Stock, with vesting tied to board and committee meeting attendance during the 2027 fiscal year and continued service. On September 10, 2026, 7,000 previously granted RSUs vested, converting into 7,000 shares of Common Stock, bringing his directly held Common Stock position to 42,000 shares. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,000 shares exercised/converted
Exercise
3 txns
Insider
Grasso Alfred
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2, F5, F4 | 7,000 | -- | -- |
| Exercise | Common Stock F1, F2 | 7,000 | -- | -- |
| Grant/Award | Restricted Stock Unit F2, F3, F4 | 7,000 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 7,000 contracts (Direct);
Common Stock — 42,000 shares (Direct)
Footnotes (5)
- 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. All of the Restricted Stock Units vest on the first anniversary of the date of grant, provided that the reporting person attends at least 75% of the meetings, collectively, of the Board and any committee of the Board of which the reporting person is a member which are held during the corporation's 2027 fiscal year; provided that, in the event that the attendance requirements are not met, the Restricted Stock Units will not become vested until 09/09/2029; subject, in each case, to the reporting person's continuous service with the corporation through the applicable vesting date.
- F4. Date is N/A.
- F5. 09/10/2026
Key Figures
RSUs granted: 7,000 Restricted Stock Units
RSUs vested: 7,000 Restricted Stock Units
Common Stock acquired from vesting: 7,000 shares
+4 more
7 metrics
RSUs granted
7,000 Restricted Stock Units
Grant to Alfred Grasso on September 9, 2026
RSUs vested
7,000 Restricted Stock Units
Converted into Common Stock on September 10, 2026
Common Stock acquired from vesting
7,000 shares
Shares received upon RSU vesting on September 10, 2026
Common Stock holdings after transaction
42,000 shares
Direct holdings of Alfred Grasso after September 10, 2026 vesting
Attendance requirement
75%
Minimum Board and committee meeting attendance during 2027 fiscal year for one-year RSU vesting
Alternative vesting date
September 9, 2029
Vesting date if attendance requirement for 2027 fiscal year is not met
RSU grant price
$0.00 per RSU
Restricted Stock Unit grant to Alfred Grasso on September 9, 2026
Key Terms
Restricted Stock Units, Common Stock, vesting, continuous service
4 terms
Restricted Stock Units financial
"All of the Restricted Stock Units vest on the first anniversary of the date of grant"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Common Stock financial
"The shares of Common Stock were acquired upon the vesting of certain restricted stock units"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vesting financial
"All of the Restricted Stock Units vest on the first anniversary of the date of grant"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continuous service other
"subject, in each case, to the reporting person's continuous service with the corporation"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did NETSCOUT (NTCT) director Alfred Grasso receive in this Form 4?
Alfred Grasso was granted 7,000 Restricted Stock Units on September 9, 2026. Each RSU represents one share of NETSCOUT Common Stock and vests based on attendance and service conditions described in the award terms.
What are Alfred Grasso’s NETSCOUT (NTCT) Common Stock holdings after these transactions?
After the September 10, 2026 RSU vesting, Alfred Grasso directly holds 42,000 shares of NETSCOUT Common Stock, according to the reported post-transaction balance.
What are the vesting conditions for Alfred Grasso’s new NETSCOUT RSU grant?
All 7,000 RSUs vest on the first anniversary of grant if he attends at least 75% of Board and committee meetings during NETSCOUT’s 2027 fiscal year; otherwise they vest on September 9, 2029, in each case requiring continuous service through vesting.
Was Alfred Grasso’s NETSCOUT (NTCT) Form 4 filed under a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 trading plan applies to these transactions, meaning they were not reported as executed under a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
