NETSCOUT CEO reports RSU vesting and tax withholding
NETSCOUT SYSTEMS INC President & CEO Anil K. Singhal reported routine equity compensation activity.
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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.
Insider Trade Summary
| 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 | -- | -- | -- |
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
Key Terms
Restricted Stock Unit financial
tax withholding obligation financial
beneficially owned financial
derivative exercise/conversion financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did NETSCOUT (NTCT) CEO Anil Singhal report?
Were the NETSCOUT (NTCT) CEO’s reported Form 4 transactions open-market sales or buys?
How were restricted stock units treated in the NETSCOUT (NTCT) CEO’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.