NetScout director granted 7,000 RSUs, 7,000 shares
NETSCOUT director John R. Egan received and vested equity awards totaling 7,000 shares, lifting his direct common stock holdings to 112,740 shares.
Rhea-AI Filing Summary
NETSCOUT SYSTEMS INC (NTCT) director John R. Egan reported compensation-related equity activity involving 7,000 Restricted Stock Units (RSUs) and an equivalent number of common shares. On September 9, 2026, he received a grant of 7,000 RSUs tied to future vesting and attendance conditions. On September 10, 2026, 7,000 RSUs previously granted vested and converted into 7,000 shares of common stock, bringing his directly held common stock to 112,740 shares. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,000 shares exercised/converted
Exercise
3 txns
Insider
EGAN JOHN R
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 — 112,740 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 granted: 7,000 Restricted Stock Units
RSUs vested and converted: 7,000 shares of common stock
Common stock holdings after transaction: 112,740 shares
+3 more
6 metrics
RSUs granted
7,000 Restricted Stock Units
Grant to John R. Egan on September 9, 2026
RSUs vested and converted
7,000 shares of common stock
Vesting and conversion of previously granted RSUs on September 10, 2026
Common stock holdings after transaction
112,740 shares
Directly held by John R. Egan after September 10, 2026 transaction
RSU grant price
$0.00 per RSU
Price for 7,000 RSUs granted on September 9, 2026
Attendance threshold for vesting
75% of meetings
Board and committee meetings during NETSCOUT’s 2027 fiscal year for RSU vesting
Deferred vesting date if attendance not met
September 9, 2029
Alternate vesting date for 7,000 RSUs if attendance condition not satisfied
Key Terms
Restricted Stock Unit, vesting, attendance requirements, continuous service
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
"The shares of Common Stock were acquired upon the vesting of certain Restricted Stock Units"
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.
attendance requirements financial
"provided that the reporting person attends at least 75% of the meetings"
continuous service financial
"subject, in each case, to the reporting person's continuous service with the corporation"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did NTCT director John R. Egan report?
He reported a grant of 7,000 Restricted Stock Units on September 9, 2026 and the vesting and conversion of 7,000 RSUs into 7,000 common shares on September 10, 2026, all held directly.
What equity award did NTCT grant to John R. Egan on September 9, 2026?
On September 9, 2026, John R. Egan received a grant of 7,000 Restricted Stock Units, each representing a right to receive one share of NTCT common stock at a per-share price of $0.00, subject to specified vesting conditions.
What are the vesting conditions for John R. Egan’s 7,000 NTCT RSUs?
All 7,000 RSUs vest on the first anniversary of the grant date if he attends at least 75% of Board and committee meetings held during NETSCOUT’s 2027 fiscal year; otherwise, vesting is deferred until September 9, 2029, subject to continuous service.
Were John R. Egan’s NTCT transactions made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates no Rule 10b5-1 trading plan for these transactions, so the reported grant, vesting, and share issuance are not identified as occurring under a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
