NETSCOUT (NTCT) CEO logs RSU vesting, tax share withholding and updated holdings
Rhea-AI Filing Summary
NETSCOUT SYSTEMS INC President & CEO Anil K. Singhal reported routine equity compensation activity. On June 6, 2026, restricted stock units covering 10,800 shares of Common Stock vested, and he acquired the same number of shares through a derivative exercise at a stated price of $0.00 per share, as is typical for RSU conversions.
To cover related tax obligations, 3,170 shares of Common Stock were withheld at $40.59 per share, which matches the closing price on June 5, 2026, rather than being sold in an open-market transaction. Following these transactions, Singhal directly holds 442,670 shares of Common Stock and indirectly holds 1,443,960 shares through various trusts for the benefit of him and his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,630 shares
Net Buy
4 txns
Insider
SINGHAL ANIL K
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 10,800 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,800 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,170 | $40.59 | $129K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 132,300 shares (Direct);
Common Stock — 442,670 shares (Direct);
Common Stock — 1,443,960 shares (Indirect, See Footnote)
Footnotes (7)
- 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. The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units.
- F4. Represents the closing price of the Company's Common Stock on June 5, 2026.
- F5. The shares of Common Stock are beneficially owned by various trusts for the benefit of the reporting person and his spouse.
- F6. June 6, 2026
- F7. Date is N/A.
Key Figures
RSU shares vested: 10,800 shares
Shares withheld for taxes: 3,170 shares
Tax withholding price: $40.59 per share
+3 more
6 metrics
RSU shares vested
10,800 shares
Restricted stock units converted to Common Stock on June 6, 2026
Shares withheld for taxes
3,170 shares
Withheld to satisfy tax obligations on RSU vesting
Tax withholding price
$40.59 per share
Closing price of Common Stock on June 5, 2026
Direct holdings after transaction
442,670 shares
Common Stock directly owned by CEO after June 6, 2026
Indirect trust holdings
1,443,960 shares
Common Stock beneficially owned via various trusts
Derivative exercise shares
10,800 shares
Common Stock acquired via derivative exercise/conversion
Key Terms
Restricted Stock Unit, tax withholding obligation, beneficially owned, derivative exercise/conversion
4 terms
Restricted Stock Unit financial
"The shares of Common Stock were acquired upon the vesting of certain restricted stock units previously 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.
tax withholding obligation financial
"The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units."
beneficially owned financial
"The shares of Common Stock are beneficially owned by various trusts for the benefit of the reporting person and his spouse."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion for the RSU and Common Stock entries."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did NETSCOUT (NTCT) CEO Anil Singhal report?
Anil Singhal reported RSU vesting and related tax withholding. 10,800 restricted stock units converted into Common Stock, and 3,170 shares were withheld to cover tax obligations, reflecting routine equity compensation rather than discretionary open-market buying or selling.
Were the NETSCOUT (NTCT) CEO’s reported Form 4 transactions open-market sales or buys?
The filing does not show open-market purchases or sales. Shares were acquired through RSU vesting and a derivative exercise, while 3,170 shares were withheld solely to satisfy tax obligations, a non-market disposition typically processed by the company or its administrator.
How were restricted stock units treated in the NETSCOUT (NTCT) CEO’s Form 4?
Restricted stock units covering 10,800 shares vested and were converted into Common Stock at a stated exercise or conversion price of $0.00. This reflects a standard RSU vesting event, where units settle into shares without a cash exercise by the insider.