NETSCOUT (NTCT) Chief Accounting Officer logs RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NETSCOUT SYSTEMS INC Chief Accounting Officer Eric Todd Watt reported routine equity compensation activity involving restricted stock units and common shares. On January 27, 2026, 3,750 restricted stock units vested and converted into 3,750 shares of common stock.
To cover tax withholding obligations related to this vesting, 1,304 common shares were withheld at a reference price of $27.87, which represents the closing price of the company’s common stock on January 26, 2026. After these transactions, Watt directly holds 2,446 common shares and 11,250 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,750 shares exercised/converted
Mixed
3 txns
Insider
Watt Eric Todd
Role
Chief Accounting 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 | 1,304 | $27.87 | $36K |
Holdings After Transaction:
Restricted Stock Unit — 11,250 shares (Direct);
Common Stock — 3,750 shares (Direct)
Footnotes (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 January 26, 2026. Date is N/A.
FAQ
What insider transaction did NTCT Chief Accounting Officer Eric Watt report?
Eric Watt reported the vesting of 3,750 restricted stock units into common shares and the related tax share withholding. This is a routine compensation event where stock units convert into stock as they vest under previously granted equity awards.
What do the RSU transactions mean in Eric Watt’s NTCT Form 4 filing?
The RSU transactions show previously granted restricted stock units vesting and turning into common shares. This reflects equity compensation being delivered, with a portion of the new shares withheld to cover income tax obligations rather than an open-market purchase or sale by the executive.
Was Eric Watt’s NETSCOUT (NTCT) Form 4 a discretionary stock sale?
The Form 4 describes RSU vesting and tax withholding, not a discretionary open-market sale. Shares were issued at no cost upon vesting, and 1,304 were withheld at the disclosed stock price to satisfy tax obligations associated with that equity compensation event.