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NTCT (NTCT) CEO Anil Singhal nets RSU shares after tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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"
SEC Form 4
FORM 4UNITED 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*
SINGHAL ANIL K

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/06/2026M(1)10,800A(2)438,221D
Common Stock05/06/2026F(3)3,181D$35.77(4)435,040D
Common Stock1,443,960ISee Footnote(5)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(2)05/06/2026M10,800 (6) (7)Common Stock10,800(2)99,900D
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 May 5, 2026.
5. The shares of Common Stock are beneficially owned by various trusts for the benefit of the reporting person and his spouse.
6. May 6, 2026
7. Date is N/A.
/s/ Jeff Levinson by Power of Attorney05/08/2026
** Signature of Reporting PersonDate
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)

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.

How many NTCT shares did Anil Singhal acquire through RSU vesting?

He acquired 10,800 shares of NETSCOUT SYSTEMS INC Common Stock upon vesting of previously granted restricted stock units. These shares came from the conversion of equity awards, not open-market purchases, and represent part of his ongoing compensation as President & CEO of NTCT.

Were any NTCT shares sold by Anil Singhal in the market?

The filing shows 3,181 shares were disposed of to satisfy tax withholding obligations tied to RSU vesting. This F-code transaction is a tax-related share withholding, not an open-market sale, and does not reflect a discretionary decision to sell 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.

How many NTCT shares are indirectly owned through trusts for Anil Singhal?

The Form 4 reports 1,443,960 NETSCOUT SYSTEMS INC Common Stock shares beneficially owned indirectly by various trusts for the benefit of Anil Singhal and his spouse. These indirect holdings are in addition to his directly held 435,040 shares following the reported transactions.

What price was used for the NTCT tax withholding shares in this Form 4?

The 3,181 shares withheld for taxes were valued using $35.77 per share, representing the closing price of NETSCOUT SYSTEMS INC Common Stock on May 5, 2026. This reference price was used solely to measure the value of shares applied to satisfy tax obligations.