NETSCOUT (NTCT) Form 4: Director disposes 4,000 shares via 10b5-1 plan

Rhea-AI Filing Summary

Michael Szabados, a director of NETSCOUT SYSTEMS, INC. (NTCT), sold 4,000 shares of the company's common stock on 08/22/2025 at an average price of $22.91 per share under a previously adopted 10b5-1 trading plan. After the reported sale, the reporting person beneficially owned 38,939 shares, held directly. The Form 4 was signed by an attorney-in-fact on 08/26/2025 and notes the 10b5-1 plan was adopted on May 23, 2025. The filing documents a routine insider sale executed pursuant to a pre-established plan rather than an ad hoc transaction.

Positive

• Sale executed under a documented 10b5-1 plan, indicating pre-established trading terms
• Form 4 discloses post-transaction beneficial ownership (38,939 shares), supporting transparency

Negative

• Reporting person disposed of 4,000 shares, reducing insider holdings
• Transaction may be viewed as insider liquidity since shares were sold (4,000 shares at $22.91)

Insights

Financial Analyst

TL;DR: Insider sale of 4,000 NTCT shares under a 10b5-1 plan; remaining direct holdings 38,939 shares.

The transaction is a clear, documented disposal of 4,000 common shares at $22.91 per share on 08/22/2025 executed pursuant to a 10b5-1 plan adopted 05/23/2025. Because the sale was pre-planned and the Form 4 discloses the post-transaction beneficial ownership (38,939 shares), this filing provides transparency on insider liquidity without indicating contemporaneous trading intent. The disclosed details allow investors to update insider-holding metrics precisely.

Corporate Governance Expert

TL;DR: Filing documents compliance with Rule 10b5-1 by a company director for a planned sale.

The Form 4 explicitly states the shares were sold pursuant to a 10b5-1 plan adopted May 23, 2025, and includes signature by an attorney-in-fact dated 08/26/2025. This demonstrates procedural adherence to insider-trading controls and disclosure obligations under Section 16. The filing lists direct ownership and does not indicate any amendment or other compensatory transfers.

SEC Form 4

FORM 4

UNITED 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).

X

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^*

SZABADOS MICHAEL

(Last) (First) (Middle)

C/O NETSCOUT SYSTEMS, INC.

310 LITTLETON ROAD

(Street)

WESTFORD MA 01886

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NETSCOUT SYSTEMS INC [ NTCT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/22/2025		S(1)		4,000	D	$22.91	38,939	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares of Common Stock were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on May 23, 2025.

	/s/ Anthony Piazza, Attorney-in-Fact	08/26/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did Michael Szabados report on Form 4 for NTCT?

He reported the sale of 4,000 shares of NETSCOUT common stock on 08/22/2025 at an average price of $22.91 per share.

Was the NTCT sale by the director part of a 10b5-1 plan?

Yes. The Form 4 states the shares were sold pursuant to a 10b5-1 plan adopted on May 23, 2025.

How many NETSCOUT shares did the reporting person own after the transaction?

The Form 4 shows beneficial ownership of 38,939 shares following the reported sale.

Who signed the Form 4 for this NTCT filing and when?

The form was signed by /s/ Anthony Piazza, Attorney-in-Fact dated 08/26/2025.

Does the filing indicate an amendment or multiple reporting persons?

No. The filing indicates it is filed by one reporting person and shows no amendment date.