NTCT (NTCT) CEO Anil Singhal nets RSU shares after tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NETSCOUT Systems President & CEO Anil K. Singhal reported routine equity compensation activity involving restricted stock units. On May 6, 2026, 10,800 restricted stock units converted into an equal number of shares of Common Stock. To cover related tax obligations, 3,181 of these shares were withheld, based on a reference price of $35.77 per share, with no open-market sale.
After these transactions, Singhal directly held 435,040 shares of Common Stock. In addition, 1,443,960 shares were beneficially owned indirectly through various trusts for the benefit of Singhal and his spouse, reflecting a substantial continuing equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,800 shares exercised/converted
Mixed
4 txns
Insider
SINGHAL ANIL K
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 10,800 | $0.00 | -- |
| Exercise | Common Stock | 10,800 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,181 | $35.77 | $114K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 99,900 shares (Direct, null);
Common Stock — 438,221 shares (Direct, null);
Common Stock — 1,443,960 shares (Indirect, See Footnote)
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 May 5, 2026. The shares of Common Stock are beneficially owned by various trusts for the benefit of the reporting person and his spouse. May 6, 2026 Date is N/A.
Key Figures
RSU shares vested: 10,800 shares
Shares withheld for tax: 3,181 shares
Reference share price: $35.77 per share
+3 more
6 metrics
RSU shares vested
10,800 shares
Restricted stock units converting to Common Stock on May 6, 2026
Shares withheld for tax
3,181 shares
Tax withholding disposition tied to RSU vesting on May 6, 2026
Reference share price
$35.77 per share
Closing price of Common Stock on May 5, 2026 used for tax withholding
Direct shares after transaction
435,040 shares
Direct ownership of Common Stock following reported transactions
Indirect shares via trusts
1,443,960 shares
Common Stock beneficially owned by various trusts for Singhal and spouse
RSU derivative position after
99,900 units
Restricted Stock Unit balance after 10,800-unit conversion
Key Terms
Restricted Stock Unit, tax withholding obligation, beneficially owned, derivative exercise/conversion
4 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
"The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the vesting"
beneficially owned financial
"The shares of Common Stock are beneficially owned by various trusts for the benefit of the reporting person and his spouse"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion for the RSU-to-Common Stock transaction"
FAQ
What did NTCT CEO Anil Singhal report in this Form 4 filing?
Anil Singhal reported the vesting of 10,800 restricted stock units into Common Stock and related tax withholding of 3,181 shares. These transactions reflect routine equity compensation events rather than open-market buying or selling of NETSCOUT SYSTEMS INC (NTCT) shares.
What is Anil Singhal’s direct ownership in NTCT after these transactions?
Following the RSU vesting and tax withholding, Anil Singhal directly held 435,040 shares of NETSCOUT SYSTEMS INC Common Stock. This direct stake represents his personal holdings after the compensation-related transactions reported in the Form 4 on May 6, 2026.