NETSCOUT (NTCT) CEO Anil Singhal granted new PSU and RSU equity awards
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 43,200 | $0.00 | -- |
| Grant/Award | Performance Stock Unit | 28,800 | $0.00 | -- |
Footnotes (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.