NETSCOUT (NTCT) CFO awarded 30,000 RSUs and performance stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NETSCOUT Systems Executive Vice President and Chief Financial Officer Anthony John Piazza reported compensation-related equity grants rather than market trades. He received 12,000 performance stock units and 18,000 restricted stock units, each representing rights to NETSCOUT common stock at no cash exercise price.
The restricted stock units vest in four equal annual installments, starting on May 28, 2027. The performance stock units can vest from 0% to 100% based on the Compensation Committee’s assessment of relative total shareholder return over a 36‑month period from May 28, 2026 through May 27, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Piazza Anthony John
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 18,000 | $0.00 | -- |
| Grant/Award | Performance Stock Unit | 12,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 45,200 shares (Direct, null);
Performance Stock Unit — 24,000 shares (Direct, null)
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.
Key Figures
Performance stock units granted: 12,000 units
Restricted stock units granted: 18,000 units
Performance stock units after grant: 24,000 units
+4 more
7 metrics
Performance stock units granted
12,000 units
Grant to CFO on May 28, 2026
Restricted stock units granted
18,000 units
Grant to CFO on May 28, 2026
Performance stock units after grant
24,000 units
Holdings following transaction
Restricted stock units after grant
45,200 units
Holdings following transaction
RSU vesting schedule
4 equal annual installments
First installment vests May 28, 2027
PSU performance period
36-month period
From May 28, 2026 to May 27, 2029
PSU vesting range
0% to 100%
Based on relative total shareholder return
Key Terms
Performance Stock Unit, Restricted Stock Unit, relative total shareholder return, Compensation Committee
4 terms
Performance Stock Unit financial
"security_title: "Performance Stock Unit"; underlying security is 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"; vests in four equal annual installments"
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.
Compensation Committee financial
"determination of the Compensation Committee of the Board"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.