Netscout director gets 6,300 shares in RSU vesting

NETSCOUT SYSTEMS INC director Michael Szabados reported routine equity compensation activity tied to restricted stock units.

Rhea-AI Filing Summary

NETSCOUT SYSTEMS INC director Michael Szabados reported routine equity compensation activity tied to restricted stock units. On June 15, 2026, 6,300 restricted stock units vested and were exercised into 6,300 shares of Common Stock at a stated price of $0.00 per share.

To cover his tax obligations from this vesting, 1,856 Common Stock shares were withheld, using the Company’s closing share price of $41.42 on June 12, 2026 as a reference. After these transactions, Szabados directly held 41,388 shares of NETSCOUT Common Stock. The filing shows no remaining derivative securities for this grant.

Insider Trade Summary

6,300 shares exercised/converted

Exercise 3 txns

Insider SZABADOS MICHAEL

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	6,300	$0.00	$0.00
Exercise	Common Stock	6,300	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	1,856	$41.42	$77K

Holdings After Transaction: Restricted Stock Unit — 26,775 contracts (Direct); Common Stock — 41,388 shares (Direct)

Footnotes (6)

1. F1. The shares of Common Stock were acquired upon the vesting of certain restricted stock units previously granted to the reporting person.
2. F2. Price is N/A.
3. F3. The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units.
4. F4. Represents the closing price of the Company's Common Stock on June 12, 2026.
5. F5. June 15, 2026
6. F6. Date is N/A.

Key Figures

RSUs vested: 6,300 shares Shares withheld for taxes: 1,856 shares Reference share price: $41.42 per share +2 more

5 metrics

RSUs vested 6,300 shares Restricted Stock Units converted to Common Stock on June 15, 2026

Shares withheld for taxes 1,856 shares Withheld to satisfy tax obligations on RSU vesting

Reference share price $41.42 per share Closing price of Common Stock on June 12, 2026

Shares held after transactions 41,388 shares Direct Common Stock ownership following tax withholding disposition

Shares after RSU exercise 43,244 shares Direct Common Stock ownership immediately after 6,300-share RSU exercise

Key Terms

Restricted Stock Unit, tax withholding obligation, derivative security

3 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

"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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did NETSCOUT (NTCT) director Michael Szabados report in this Form 4?

Michael Szabados reported the vesting of 6,300 restricted stock units into Common Stock and related tax withholding. These transactions reflect routine equity compensation rather than open-market buying or selling activity, and adjust his direct ownership stake in NETSCOUT SYSTEMS INC.

How many NETSCOUT (NTCT) shares vested for Michael Szabados on June 15, 2026?

A total of 6,300 restricted stock units vested into 6,300 NETSCOUT Common Stock shares on June 15, 2026. This conversion was recorded at a stated exercise price of $0.00 per share, reflecting typical treatment of time-based restricted stock unit awards.

How many NETSCOUT (NTCT) shares were withheld for Michael Szabados’ taxes?

To satisfy tax withholding obligations from the RSU vesting, 1,856 NETSCOUT Common Stock shares were withheld. The filing notes that this withholding used the company’s $41.42 closing stock price from June 12, 2026, as the reference valuation for the withheld shares.

What is Michael Szabados’ NETSCOUT (NTCT) share ownership after these transactions?

Following the RSU vesting and tax withholding, Michael Szabados directly holds 41,388 NETSCOUT Common Stock shares. This post-transaction figure reflects the net impact of acquiring 6,300 shares from RSU vesting and the 1,856-share withholding for associated tax obligations.

Does this NETSCOUT (NTCT) Form 4 show an open-market stock sale by Michael Szabados?

The Form 4 does not show an open-market sale by Michael Szabados. It records a derivative exercise of 6,300 restricted stock units and a 1,856-share tax-withholding disposition, which is a non-market mechanism for paying taxes rather than a discretionary share sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/17/2026 - 04:15 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

SZABADOS MICHAEL

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/15/2026		M(1)		6,300	A	(2)	43,244	D
Common Stock	06/15/2026		F(3)		1,856	D	$41.42(4)	41,388	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(2)	06/15/2026		M			6,300	(5)	(6)	Common Stock	6,300	(2)	26,775	D

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 12, 2026.

5. June 15, 2026

6. Date is N/A.

	/s/ Jeff Levinson by Power of Attorney	06/17/2026
	** Signature of Reporting Person	Date
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)