NetScout director gets 7,000 shares, 7,000 RSUs
A NETSCOUT Systems director reported RSU vesting into shares and a new RSU award with service- and attendance-based vesting conditions.
Rhea-AI Filing Summary
NETSCOUT SYSTEMS INC (NTCT) director Joseph G. Hadzima Jr. reported equity compensation activity. On September 10, 2026, 7,000 Restricted Stock Units converted into 7,000 shares of Common Stock, increasing his directly held common shares to 125,185. On September 9, 2026, he received a new grant of 7,000 Restricted Stock Units that vest based on future board-meeting attendance and continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,000 shares exercised/converted
Exercise
3 txns
Insider
HADZIMA JOSEPH G JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2, F5, F4 | 7,000 | -- | -- |
| Exercise | Common Stock F1, F2 | 7,000 | -- | -- |
| Grant/Award | Restricted Stock Unit F2, F3, F4 | 7,000 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 7,000 contracts (Direct);
Common Stock — 125,185 shares (Direct)
Footnotes (5)
- F1. The shares of Common Stock were acquired upon the vesting of certain restricted stock units previously granted to the reporting person.
- F2. Price is N/A.
- F3. All of the Restricted Stock Units vest on the first anniversary of the date of grant, provided that the reporting person attends at least 75% of the meetings, collectively, of the Board and any committee of the Board of which the reporting person is a member which are held during the corporation's 2027 fiscal year; provided that, in the event that the attendance requirements are not met, the Restricted Stock Units will not become vested until 09/09/2029; subject, in each case, to the reporting person's continuous service with the corporation through the applicable vesting date.
- F4. Date is N/A.
- F5. 09/10/2026
Key Figures
RSUs vested into Common Stock: 7,000 units/shares
Common Stock holdings after transaction: 125,185 shares
New Restricted Stock Unit grant: 7,000 units
+2 more
5 metrics
RSUs vested into Common Stock
7,000 units/shares
Restricted Stock Units converting into Common Stock on September 10, 2026
Common Stock holdings after transaction
125,185 shares
Directly held by the director after September 10, 2026 vesting
New Restricted Stock Unit grant
7,000 units
RSUs granted on September 9, 2026, with attendance- and service-based vesting
Attendance vesting threshold
75%
Required attendance at Board and committee meetings during the 2027 fiscal year for RSU vesting
Deferred vesting date if attendance unmet
September 9, 2029
Date RSUs may vest if the 75% attendance requirement is not met but service continues
Key Terms
Restricted Stock Unit, vesting, continuous service, attendance requirements
4 terms
Restricted Stock Unit financial
"The shares of Common Stock were acquired upon the vesting of certain restricted stock units"
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.
vesting financial
"All of the Restricted Stock Units vest on the first anniversary of the date of grant"
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.
continuous service financial
"subject, in each case, to the reporting person's continuous service with the corporation"
attendance requirements financial
"in the event that the attendance requirements are not met, the Restricted Stock Units will not"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did NTCT director Joseph G. Hadzima Jr. report?
He reported 7,000 Restricted Stock Units vesting into 7,000 shares of Common Stock on September 10, 2026, and a new grant of 7,000 Restricted Stock Units on September 9, 2026, subject to future vesting conditions.
What are the vesting conditions for the new 7,000 NTCT Restricted Stock Units?
All 7,000 Restricted Stock Units vest on the first anniversary of the September 9, 2026 grant if the director attends at least 75% of Board and committee meetings in the 2027 fiscal year, subject to continuous service.
What happens if the NTCT director does not meet the 75% meeting attendance requirement?
If the 75% attendance requirement is not met, the 7,000 Restricted Stock Units will not vest until September 9, 2029, provided the director continues to serve through that later vesting date.
Was a Rule 10b5-1 trading plan involved in these NTCT insider transactions?
No. The filing indicates that the Rule 10b5-1 checkbox was not selected, and there is no footnote stating that the transactions were made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
