STOCK TITAN

NETSCOUT (NTCT) director logs RSU vesting, tax withholding and updated holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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.
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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*
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/06/2026
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 Stock06/06/2026M(1)6,300A(2)38,794D
Common Stock06/06/2026F(3)1,850D$40.59(4)36,944D
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)06/06/2026M6,300 (5) (6)Common Stock6,300(2)33,075D
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 5, 2026.
5. June 6, 2026
6. Date is N/A.
/s/ Jeff Levinson by Power of Attorney06/09/2026
** 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 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.

How many NETSCOUT shares did Michael Szabados acquire through RSU vesting?

Szabados acquired 6,300 NETSCOUT common shares when previously granted restricted stock units vested on June 6, 2026. These came from compensation awards, not open‑market purchases, and increased his direct share ownership before tax withholding adjustments.

How many NETSCOUT shares were withheld for Michael Szabados’s taxes?

NETSCOUT withheld 1,850 common shares from Michael Szabados to satisfy tax obligations triggered by RSU vesting. This F‑code disposition is a tax payment mechanism, not an open‑market sale, and occurs automatically under the company’s equity compensation procedures.

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.