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NETSCOUT (NTCT) CEO Anil Singhal granted new PSU and RSU equity awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SINGHAL ANIL K reported acquisition or exercise transactions in this Form 4 filing.

NETSCOUT SYSTEMS INC President & CEO Anil K. Singhal received new equity awards in the form of performance stock units and restricted stock units. On May 28, 2026, he was granted 28,800 performance stock units tied to future company performance and 43,200 restricted stock units.

The restricted stock units vest in four equal annual installments, beginning on May 28, 2027. The performance stock units may vest from 0% to 100% based on relative total shareholder return over the 36‑month period from May 28, 2026 to May 27, 2029, as determined by the Compensation Committee. A prior grant of 36,000 performance stock units from 2022 ultimately vested at 0%, resulting in forfeiture.

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Insider SINGHAL ANIL K
Role President & CEO
Type Security Shares Price Value
Grant/Award Restricted Stock Unit 43,200 $0.00 --
Grant/Award Performance Stock Unit 28,800 $0.00 --
Holdings After Transaction: Restricted Stock Unit — 143,100 shares (Direct, null); Performance Stock Unit — 115,200 shares (Direct, null)
Footnotes (1)
  1. Price is N/A. The restricted stock units vest in four equal annual installments with the first installment vesting on May 28, 2027. Date is N/A. The performance stock units shall vest in a range of 0% to 100% upon the determination of the Compensation Committee of the Board of the attainment of the required relative total shareholder return over the 36-month period commencing on May 28, 2026, and ending on May 27, 2029. On October 26, 2022, the Reporting Person was granted 36,000 performance stock units (the "Prior PSUs"), which shall vest in a range of 0% to 100% upon the determination of the Compensation Committee of the Board of the attainment of the required relative total shareholder return over the 36-month period commencing on October 26, 2022, and ending on October 25, 2025. On November 3, 2025, the Compensation Committee of the Board determined that 0% of the Prior PSUs shall vest. Reflects the number of performance stock units ("PSUs") held by the Reporting Person after the forfeiture of unachieved PSUs.
Performance stock units granted 28,800 units Grant to CEO on May 28, 2026
Restricted stock units granted 43,200 units Grant to CEO on May 28, 2026
PSUs held after transaction 115,200 units Performance stock units after forfeiture and new grant
RSUs held after transaction 143,100 units Restricted stock units after new grant
Prior PSUs granted 36,000 units Grant on October 26, 2022 that ultimately vested at 0%
Prior PSU vesting outcome 0% vested Determined by Compensation Committee on November 3, 2025
PSU performance period 36 months From May 28, 2026 to May 27, 2029 based on relative TSR
RSU vesting schedule 4 annual installments First installment vests on May 28, 2027
Performance Stock Unit financial
"security_title: "Performance Stock Unit" with underlying Common Stock"
A performance stock unit is a type of reward companies give to employees, usually managers, that depends on how well the company performs over time. If the company hits specific goals, the employee earns shares of stock, like earning a prize for reaching certain levels in a game. It motivates employees to work hard because their rewards are tied to the company's success.
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit" granted to the reporting person"
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.
relative total shareholder return financial
"required relative total shareholder return over the 36-month period"
Relative total shareholder return measures how much an investor’s gain from a company — including stock price changes and dividends — beats or lags a chosen benchmark or peer group over a set time. Think of it as a race: it shows whether the company outpaced rivals or the market, which helps investors and boards judge performance, compare returns fairly, and link results to pay or investment decisions.
Compensation Committee of the Board financial
"upon the determination of the Compensation Committee of the Board"
forfeiture of unachieved PSUs financial
"Reflects the number of performance stock units held after the forfeiture of unachieved PSUs"
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)
05/28/2026
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
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(1)05/28/2026A43,200 (2) (3)Common Stock43,200(1)143,100D
Performance Stock Unit(1)05/28/2026A28,800 (4) (3)Common Stock28,800(1)115,200(5)(6)D
Explanation of Responses:
1. Price is N/A.
2. The restricted stock units vest in four equal annual installments with the first installment vesting on May 28, 2027.
3. Date is N/A.
4. The performance stock units shall vest in a range of 0% to 100% upon the determination of the Compensation Committee of the Board of the attainment of the required relative total shareholder return over the 36-month period commencing on May 28, 2026, and ending on May 27, 2029.
5. On October 26, 2022, the Reporting Person was granted 36,000 performance stock units (the "Prior PSUs"), which shall vest in a range of 0% to 100% upon the determination of the Compensation Committee of the Board of the attainment of the required relative total shareholder return over the 36-month period commencing on October 26, 2022, and ending on October 25, 2025. On November 3, 2025, the Compensation Committee of the Board determined that 0% of the Prior PSUs shall vest.
6. Reflects the number of performance stock units ("PSUs") held by the Reporting Person after the forfeiture of unachieved PSUs.
/s/ Jeff Levinson by Power of Attorney05/29/2026
** 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 equity awards did NETSCOUT (NTCT) CEO Anil Singhal receive?

Anil Singhal received 28,800 performance stock units and 43,200 restricted stock units on May 28, 2026. These awards are part of his compensation and are structured to vest over time and based on performance.

How do Anil Singhal’s new restricted stock units at NETSCOUT (NTCT) vest?

The 43,200 restricted stock units vest in four equal annual installments starting May 28, 2027. Each year, one quarter of the award converts into common stock, aligning compensation with multi‑year service at the company.

What performance conditions apply to NETSCOUT (NTCT) CEO’s new performance stock units?

The 28,800 performance stock units can vest between 0% and 100% based on relative total shareholder return. Performance is measured over a 36‑month period from May 28, 2026 to May 27, 2029, as determined by the Compensation Committee.

What happened to Anil Singhal’s prior performance stock units at NETSCOUT (NTCT)?

On October 26, 2022, he was granted 36,000 performance stock units tied to relative total shareholder return. On November 3, 2025, the Compensation Committee determined that 0% vested, and the units were forfeited as performance targets were not achieved.

How many performance stock units does NETSCOUT (NTCT) CEO hold after this Form 4?

After the May 28, 2026 grant and forfeiture of unachieved units, Anil Singhal holds 115,200 performance stock units. This figure reflects only performance stock units and does not include common shares or other equity he may own.

How many restricted stock units does NETSCOUT (NTCT) CEO hold after the latest grant?

Following the May 28, 2026 award, Anil Singhal holds 143,100 restricted stock units. These units will convert into common stock over time, subject to the four‑year vesting schedule beginning May 28, 2027.