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NETSCOUT (NTCT) COO reports RSU vesting and tax withholding shares

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NETSCOUT SYSTEMS INC Chief Operating Officer Sanjay Munshi reported routine equity compensation activity. On May 6, 2026, previously granted restricted stock units vested into 3,750 shares of Common Stock. No open‑market buy or sell occurred; this was an automatic conversion of awards.

To cover associated tax obligations from the vesting, 1,014 shares of Common Stock were withheld based on a share value of $35.77, which reflects the May 5, 2026 closing price. After these transactions, Munshi directly holds 6,990 shares of Common Stock and 27,690 restricted stock units that remain outstanding.

Positive

  • None.

Negative

  • None.
Insider Munshi Sanjay
Role Chief Operating Officer
Type Security Shares Price Value
Exercise Restricted Stock Unit 3,750 $0.00 --
Exercise Common Stock 3,750 $0.00 --
Tax Withholding Common Stock 1,014 $35.77 $36K
Holdings After Transaction: Restricted Stock Unit — 27,690 shares (Direct, null); Common Stock — 8,004 shares (Direct, null)
Footnotes (1)
  1. The shares of Common Stock were acquired upon the vesting of certain restricted stock units previously granted to the reporting person. The price is N/A. The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units. Represents the closing price of the Company's Common Stock on May 5, 2026. May 6, 2026 Date is N/A.
RSU shares vested 3,750 shares Restricted stock units converted to Common Stock on May 6, 2026
Shares withheld for taxes 1,014 shares Withheld to satisfy tax obligation on RSU vesting
Reference share price $35.77 per share Closing price of Common Stock on May 5, 2026, used in filing
Common Stock held after 6,990 shares Direct Common Stock ownership following the transactions
RSUs outstanding after 27,690 units Restricted stock units remaining after the May 6, 2026 vesting
Restricted Stock Unit financial
"The shares of Common Stock were acquired upon the vesting of certain restricted stock units previously granted"
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
"shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the vesting"
derivative security financial
"transaction code description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"acquired upon the vesting of certain restricted stock units previously granted to the reporting person"
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.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Munshi Sanjay
(Last)(First)(Middle)
C/O NETSCOUT SYSTEMS, INC.
310 LITTLETON ROAD
(Street)
WESTFORD MASSACHUSETTS 01886
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
NETSCOUT SYSTEMS INC [ NTCT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/06/2026M(1)3,750A(2)8,004D
Common Stock05/06/2026F(3)1,014D$35.77(4)6,990D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(2)05/06/2026M3,750 (5) (6)Common Stock3,750(2)27,690D
Explanation of Responses:
1. The shares of Common Stock were acquired upon the vesting of certain restricted stock units previously granted to the reporting person.
2. The price is N/A.
3. The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units.
4. Represents the closing price of the Company's Common Stock on May 5, 2026.
5. May 6, 2026
6. Date is N/A.
/s/ Jeff Levinson by Power of Attorney05/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did NTCT COO Sanjay Munshi report on this Form 4?

Sanjay Munshi reported RSU vesting into 3,750 NETSCOUT (NTCT) Common Stock shares and a related tax withholding. The company withheld 1,014 shares to satisfy tax obligations, with no open-market buying or selling disclosed in these compensation-related transactions.

Did NETSCOUT (NTCT) COO Sanjay Munshi sell shares on the open market?

The filing shows no open-market sale by Sanjay Munshi. Shares were acquired through restricted stock unit vesting, and 1,014 shares were withheld solely to cover tax obligations. This withholding is a non-market disposition tied to compensation, not a discretionary stock sale.

How many NETSCOUT (NTCT) shares did Sanjay Munshi acquire through RSU vesting?

The Form 4 reports that 3,750 shares of NETSCOUT Common Stock were acquired when previously granted restricted stock units vested. These shares came from equity awards rather than a market purchase, reflecting a scheduled compensation event for the Chief Operating Officer.

What are Sanjay Munshi’s NETSCOUT (NTCT) holdings after these Form 4 transactions?

After the reported transactions, Sanjay Munshi directly holds 6,990 shares of NETSCOUT Common Stock and 27,690 restricted stock units. These figures reflect his equity position following the May 6, 2026 vesting event and related tax withholding arrangement.

What does transaction code F mean in the NTCT Form 4 for Sanjay Munshi?

Transaction code F indicates shares were disposed of to pay tax or exercise costs. In this case, 1,014 NETSCOUT shares were withheld to satisfy Sanjay Munshi’s tax withholding obligation upon RSU vesting, not sold through an open-market transaction.