[Form 4] Netscout Systems Inc Insider Trading Activity
Rhea-AI Filing Summary
Joseph G. Hadzima Jr., a director of NETSCOUT SYSTEMS, INC. (NTCT), reported the sale of 3,500 shares of the issuer's common stock on 08/12/2025 at a price of $22.03 per share. After this transaction he beneficially owned 124,298 shares, held directly. The filing indicates the sale was executed pursuant to a 10b5-1 trading plan adopted by the reporting person on December 11, 2024. The Form 4 was signed by an attorney-in-fact on 08/14/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider sold a small block under a pre-established 10b5-1 plan; holdings remain substantial at 124,298 shares.
The reported disposition of 3,500 shares at $22.03 appears to be a routine sale under a 10b5-1 plan, which establishes an affirmative defense for planned insider trades. The report shows the transaction reduced the reporting person’s direct beneficial holdings to 124,298 shares. There is no additional information in this filing about other contemporaneous transactions or changes in role. For investors, this filing documents an executed planned sale but does not by itself indicate a change in company operations or governance.
TL;DR: The trade was pre-scheduled under a 10b5-1 plan, consistent with governance best practices for avoiding unlawful insider trading.
The disclosure states the 10b5-1 plan was adopted on December 11, 2024, and the sale occurred on August 12, 2025. Use of a 10b5-1 plan typically signals the insider followed a pre-established framework for sales. The Form 4 is complete for this transaction: it lists the reporter, relationship (director), transaction details, post-transaction holdings, and the explanatory note. No material departures, option exercises, or derivative transactions are reported.