NetScout director reports 7,000 RSUs, 7,000 shares
Director Shannon Nash reported RSU grants and exercises at NETSCOUT, resulting in 25,085 common shares held indirectly in a trust.
Rhea-AI Filing Summary
NETSCOUT SYSTEMS INC (NTCT) director Shannon Nash reported equity-compensation activity involving 7,000 Restricted Stock Units and related common stock. On September 9, 2026, she received a grant of 7,000 RSUs for no cash consideration, each representing one share of common stock. On September 10, 2026, 7,000 RSUs were exercised or converted into 7,000 shares of common stock, which are held indirectly in a trust for which Ms. Nash and her spouse serve as co-trustees, resulting in 25,085 shares of common stock held indirectly after the transaction. The RSUs vest based on board and committee meeting attendance during the company’s 2027 fiscal year, with later vesting to September 9, 2029 if the attendance condition is not met. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,000 shares exercised/converted
Exercise
3 txns
Insider
Nash Shannon
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2, F6, F5 | 7,000 | -- | -- |
| Exercise | Common Stock F1, F2, F3 | 7,000 | -- | -- |
| Grant/Award | Restricted Stock Unit F2, F4, F5 | 7,000 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 7,000 contracts (Direct);
Common Stock — 25,085 shares (Indirect, See Footnote)
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 are held by trust for which Ms. Nash and her spouse serve as co-trustees.
- F4. 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.
- F5. Date is N/A.
- F6. 09/10/2026
Key Figures
RSUs granted: 7,000 Restricted Stock Units
RSUs exercised/converted: 7,000 Restricted Stock Units
Common shares acquired from RSUs: 7,000 shares of common stock
+4 more
7 metrics
RSUs granted
7,000 Restricted Stock Units
Grant to Shannon Nash on September 9, 2026 at $0.0000 per unit
RSUs exercised/converted
7,000 Restricted Stock Units
Exercised or converted into common stock on September 10, 2026
Common shares acquired from RSUs
7,000 shares of common stock
Acquired indirectly upon RSU vesting on September 10, 2026
Indirect common stock holdings after transaction
25,085 shares
Common stock held indirectly in a trust after September 10, 2026
RSU vesting attendance threshold
75% of meetings
Required Board and committee meeting attendance during 2027 fiscal year for RSU vesting
Alternative vesting date if attendance condition unmet
September 9, 2029
Deferred vesting date for the 7,000 RSUs if conditions are not satisfied
Rule 10b5-1 plan status
No Rule 10b5-1 plan reported
Form-level checkbox not marked for these transactions
Key Terms
Restricted Stock Unit, indirect, co-trustees, Rule 10b5-1, +1 more
5 terms
Restricted Stock Unit financial
"The shares of Common Stock were acquired upon the vesting of certain restricted stock units"
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.
indirect financial
"The shares are held by trust for which Ms. Nash and her spouse serve"
co-trustees financial
"held by trust for which Ms. Nash and her spouse serve as co-trustees"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
continuous service financial
"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 transactions did NETSCOUT (NTCT) director Shannon Nash report on this Form 4?
She reported a grant of 7,000 RSUs on September 9, 2026 and the exercise or conversion of 7,000 RSUs into 7,000 shares of common stock on September 10, 2026, tied to her equity compensation as a director.
What are the vesting conditions for Shannon Nash’s 7,000 RSU grant at NTCT?
All 7,000 Restricted Stock Units vest on the first anniversary of the grant date if she attends at least 75% of Board and applicable committee meetings during NETSCOUT’s 2027 fiscal year; otherwise, the RSUs vest on September 9, 2029, subject to continuous service.
Were Shannon Nash’s NETSCOUT (NTCT) Form 4 transactions under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported for these transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
