[Form 4] Netscout Systems Inc Insider Trading Activity
Rhea-AI Filing Summary
NetScout Systems insider transaction summary: The company's Chief Operating Officer acquired 3,000 shares of common stock upon the vesting of restricted stock units, increasing their beneficial ownership to 8,985 shares. To satisfy tax withholding on the vesting, 731 shares were withheld at a reported price of $23.505 per share, leaving 8,254 shares beneficially owned after the withholding. All transactions are reported as direct holdings and arise from compensation awards rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insights
TL;DR: Executive received vested RSUs and had shares withheld for taxes; a routine compensation-driven change in ownership.
This filing documents the mechanical vesting of previously granted restricted stock units to the Chief Operating Officer and the corresponding tax-withholding disposition. The net increase in direct holdings is consistent with executive compensation practices and does not indicate an open-market purchase or sale decision. The number of shares involved is modest and appears to be part of regular equity-based pay, suggesting limited immediate market impact.
TL;DR: Disclosure shows compliance with Section 16 reporting for RSU vesting and tax withholding; routine and procedural.
The report appropriately discloses the conversion of RSUs into common stock and the withholding of shares to meet tax obligations, with transactions reported as direct beneficial ownership. From a governance perspective, the form meets disclosure expectations for insider compensation events. There is no indication of unusual timing or derivative activity beyond the standard vesting and withholding mechanics.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,000 | $0.00 | -- |
| Exercise | Common Stock | 3,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 731 | $23.505 | $17K |
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 August 22, 2025. Date is N/A.