NETSCOUT (NTCT) CFO reports RSU vesting and tax withholding, holds 27,754 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NETSCOUT Systems EVP & CFO Anthony John Piazza reported routine equity compensation activity. On June 15, 2026, 2,000 shares of Common Stock were acquired upon vesting of previously granted restricted stock units, with no exercise price. In connection with this vesting, 589 shares were withheld at $41.42 per share to cover tax obligations, rather than sold in the open market. After these transactions, Piazza directly holds 27,754 shares of NETSCOUT Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,000 shares exercised/converted
Mixed
3 txns
Insider
Piazza Anthony John
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,000 | $0.00 | -- |
| Exercise | Common Stock | 2,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 589 | $41.42 | $24K |
Holdings After Transaction:
Restricted Stock Unit — 40,800 shares (Direct, null);
Common Stock — 28,343 shares (Direct, null)
Footnotes (1)
- The shares of Common Stock were acquired upon the vesting of certain restricted stock units previously granted to the reporting person. 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 June 12, 2026. June 15, 2026 Date is N/A.
Key Figures
RSU vesting into common stock: 2,000 shares
Tax withholding shares: 589 shares
Withholding valuation price: $41.42 per share
+2 more
5 metrics
RSU vesting into common stock
2,000 shares
Common Stock acquired upon vesting of restricted stock units on June 15, 2026
Tax withholding shares
589 shares
Shares withheld to satisfy tax withholding obligation on RSU vesting
Withholding valuation price
$41.42 per share
Closing price of Common Stock on June 12, 2026 used for tax withholding
Post-transaction holdings
27,754 shares
Common Stock directly held by Anthony Piazza after transactions
Remaining RSUs
40,800 units
Restricted stock units remaining after 2,000-unit conversion
Key Terms
restricted stock units, tax withholding obligation, derivative security
3 terms
restricted stock units financial
"The shares of Common Stock were acquired upon the vesting of certain restricted stock units previously granted"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligation financial
"The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation"
derivative security financial
"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.
FAQ
What insider transactions did NETSCOUT (NTCT) CFO Anthony Piazza report?
Anthony Piazza reported RSU vesting into 2,000 NETSCOUT shares and a related tax withholding of 589 shares. These transactions are compensation-related, not open-market trades, and reflect routine equity award vesting for the company’s EVP & Chief Financial Officer.
What do the restricted stock unit transactions mean for NETSCOUT (NTCT) investors?
The transactions reflect routine equity compensation for NETSCOUT’s CFO, with RSUs converting into 2,000 Common shares. Because the only disposition was 589 shares withheld for taxes, the filing signals standard compensation mechanics rather than a discretionary insider sale in the market.