NetScout director granted 7,000 RSUs, 7,000 vest
A NETSCOUT director received a 7,000-unit RSU grant and settled 7,000 RSUs into common stock, ending with 52,970 shares held directly.
Rhea-AI Filing Summary
NETSCOUT SYSTEMS INC (NTCT) director Vivian M. Vitale reported equity award activity involving 7,000 shares of common stock. On September 9, 2026, she received a grant of 7,000 Restricted Stock Units (RSUs), each representing one share of common stock, at a price of $0 per unit.
On September 10, 2026, 7,000 previously granted RSUs vested and were converted into 7,000 shares of common stock, leaving her with 52,970 common shares held directly after the transaction. The new 7,000-unit RSU grant will vest on the first anniversary of grant if specified Board and committee meeting attendance and continuous service conditions are met, or otherwise on September 9, 2029. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,000 shares exercised/converted
Exercise
3 txns
Insider
VITALE VIVIAN M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2, F5, F4 | 7,000 | -- | -- |
| Exercise | Common Stock F1, F2 | 7,000 | -- | -- |
| Grant/Award | Restricted Stock Unit F2, F3, F4 | 7,000 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 7,000 contracts (Direct);
Common Stock — 52,970 shares (Direct)
Footnotes (5)
- F1. The shares of Common Stock were acquired upon the vesting of certain restricted stock units previously granted to the reporting person.
- F2. Price is N/A.
- F3. All of the Restricted Stock Units vest on the first anniversary of the date of grant, provided that the reporting person attends at least 75% of the meetings, collectively, of the Board and any committee of the Board of which the reporting person is a member which are held during the corporation's 2027 fiscal year; provided that, in the event that the attendance requirements are not met, the Restricted Stock Units will not become vested until 09/09/2029; subject, in each case, to the reporting person's continuous service with the corporation through the applicable vesting date.
- F4. Date is N/A.
- F5. 09/10/2026
Key Figures
RSUs granted: 7,000 units
RSUs converted to common stock: 7,000 shares
Common shares held after transaction: 52,970 shares
+3 more
6 metrics
RSUs granted
7,000 units
Restricted Stock Units granted on September 9, 2026
RSUs converted to common stock
7,000 shares
RSUs vested and converted on September 10, 2026
Common shares held after transaction
52,970 shares
Direct holdings after September 10, 2026 conversion
RSU grant price
$0 per unit
Price for 7,000 RSUs granted on September 9, 2026
Meeting attendance threshold
75%
Required Board and committee meeting attendance during 2027 fiscal year for standard RSU vesting
Alternative vesting date
September 9, 2029
RSUs vest on this date if attendance condition is not met, subject to continuous service
Key Terms
Restricted Stock Unit, vesting, continuous service
3 terms
Restricted Stock Unit financial
"The shares of Common Stock were acquired upon the vesting of certain restricted stock units"
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.
vesting financial
"All of the Restricted Stock Units vest on the first anniversary of the date of grant"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continuous service financial
"subject, in each case, to the reporting person's continuous service with the corporation"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did NETSCOUT (NTCT) report for Vivian M. Vitale?
Vivian M. Vitale reported a grant of 7,000 RSUs on September 9, 2026 and the conversion of 7,000 RSUs into 7,000 common shares on September 10, 2026, related to previously granted restricted stock units.
What are the vesting conditions of the 7,000 RSUs granted by NETSCOUT (NTCT)?
All 7,000 RSUs vest on the first anniversary of the grant date if Ms. Vitale attends at least 75% of Board and relevant committee meetings during NETSCOUT's 2027 fiscal year and remains in continuous service; otherwise they vest on September 9, 2029 subject to continuous service.
Was a Rule 10b5-1 trading plan used for these NETSCOUT (NTCT) insider transactions?
No. The filing indicates that no Rule 10b5-1 trading plan is reported in connection with these transactions.
What was the price of the 7,000 NETSCOUT (NTCT) RSUs granted to Vivian M. Vitale?
The 7,000 RSUs granted on September 9, 2026 were reported at a price of $0 per unit, consistent with a stock-based compensation award.
AI-generated analysis. How Rhea-AI works. Not financial advice.
