NETSCOUT (NTCT) CFO updates holdings after RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NETSCOUT SYSTEMS INC executive Anthony John Piazza reported routine equity compensation activity. On May 6, 2026, he acquired 4,500 shares of Common Stock upon vesting of restricted stock units and had 1,423 shares withheld to cover his tax withholding obligation. These transactions were not open-market trades. After the transactions, he directly held 24,648 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,500 shares exercised/converted
Mixed
3 txns
Insider
Piazza Anthony John
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 4,500 | $0.00 | -- |
| Exercise | Common Stock | 4,500 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,423 | $35.77 | $51K |
Holdings After Transaction:
Restricted Stock Unit — 27,200 shares (Direct, null);
Common Stock — 26,071 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. 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 May 5, 2026. May 6, 2026 Date is N/A.
Key Figures
RSU vesting: 4,500 shares
Tax withholding shares: 1,423 shares
Closing price reference: $35.77 per share
+1 more
4 metrics
RSU vesting
4,500 shares
Common Stock acquired upon restricted stock unit vesting on May 6, 2026
Tax withholding shares
1,423 shares
Shares withheld to satisfy tax withholding obligation on RSU vesting
Closing price reference
$35.77 per share
Closing price of Common Stock on May 5, 2026, referenced in footnote
Post-transaction holdings
24,648 shares
Common Stock directly held by Anthony John Piazza after transactions
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 did NETSCOUT (NTCT) CFO Anthony John Piazza report in this Form 4?
Anthony John Piazza reported routine equity compensation activity, not an open-market trade. Restricted stock units vested into 4,500 NETSCOUT shares, with a portion withheld to cover taxes, updating his direct ownership position in the company’s common stock.