NETSCOUT (NTCT) director logs RSU vesting, tax withholding and updated holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NETSCOUT SYSTEMS INC director Michael Szabados reported routine equity compensation activity. On June 6, 2026, 6,300 shares of Common Stock were acquired upon vesting of previously granted restricted stock units. Of these, 1,850 shares were withheld to cover tax obligations, leaving Szabados with 38,794 Common shares directly held and 33,075 restricted stock units outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,300 shares exercised/converted
Mixed
3 txns
Insider
SZABADOS MICHAEL
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 6,300 | $0.00 | -- |
| Exercise | Common Stock | 6,300 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,850 | $40.59 | $75K |
Holdings After Transaction:
Restricted Stock Unit — 33,075 shares (Direct, null);
Common Stock — 38,794 shares (Direct, null)
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 June 5, 2026. June 6, 2026 Date is N/A.
Key Figures
RSU shares vested: 6,300 shares
Shares withheld for taxes: 1,850 shares
Price reference for tax withholding: $40.59 per share
+3 more
6 metrics
RSU shares vested
6,300 shares
Restricted stock units converting into NETSCOUT Common Stock on June 6, 2026
Shares withheld for taxes
1,850 shares
Common Stock withheld to satisfy tax withholding obligation on RSU vesting
Price reference for tax withholding
$40.59 per share
Closing price of NETSCOUT Common Stock on June 5, 2026
Common shares after transactions
38,794 shares
Direct NETSCOUT Common Stock holdings following June 6, 2026 transactions
Restricted stock units remaining
33,075 units
RSUs outstanding after the June 6, 2026 vesting event
Tax withholding transaction size
1,850 shares
Form 4 code F, payment of tax liability by delivering securities
Key Terms
Restricted Stock Unit, tax withholding obligation, derivative security, Form 4
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"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did NETSCOUT (NTCT) director Michael Szabados report in this Form 4?
Michael Szabados reported equity compensation activity, including vested restricted stock units converting into 6,300 NETSCOUT common shares, plus 1,850 shares withheld to cover taxes. These are routine, non‑market transactions rather than open‑market purchases or sales.
What are Michael Szabados’s NETSCOUT common stock holdings after these transactions?
Following the June 6, 2026 transactions, Michael Szabados holds 38,794 NETSCOUT common shares directly. This figure reflects the RSU vesting and related tax withholding and shows his ongoing equity stake after the compensation-related adjustments.
How many restricted stock units does Michael Szabados still hold in NETSCOUT?
After the June 6, 2026 vesting event, Szabados holds 33,075 restricted stock units in NETSCOUT. These RSUs represent additional potential future common shares, subject to their respective vesting conditions and any applicable withholding at future vest dates.
Were any open‑market buys or sells reported by Michael Szabados in this Form 4?
No open‑market buys or sells were reported. The filing shows RSU vesting, a derivative exercise, and tax withholding. All transactions are compensation‑related rather than discretionary trading in NETSCOUT shares on the open market.