NetScout (NTCT) grants Chief Accounting Officer 10,000 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Watt Eric Todd reported acquisition or exercise transactions in this Form 4 filing.
NetScout Systems Chief Accounting Officer Eric Todd Watt reported a compensation-related grant of 10,000 restricted stock units, each tied to one share of common stock. The units were awarded at no cash cost to him.
The restricted stock units vest in four equal annual installments, with the first installment vesting on June 19, 2027. Following this grant, Watt directly holds 21,250 units/underlying shares. This is not an open-market purchase or sale, but part of his equity-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Watt Eric Todd
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 10,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 21,250 shares (Direct, null)
Footnotes (1)
- Price is N/A. The restricted stock units vest in four equal annual installments with the first installment vesting on June 19, 2027. Date is N/A.
Key Figures
RSUs granted: 10,000 units
Underlying shares: 10,000 shares
Post-transaction holdings: 21,250 units/shares
+3 more
6 metrics
RSUs granted
10,000 units
Restricted stock units awarded to CAO on June 19, 2026
Underlying shares
10,000 shares
Common stock underlying granted restricted stock units
Post-transaction holdings
21,250 units/shares
Total held directly after the RSU grant
Vesting installments
4 annual installments
Restricted stock units vest over four years
First vesting date
June 19, 2027
Initial installment vesting date for RSUs
Grant price
$0.00 per unit
Price is noted as N/A in the filing
Key Terms
Restricted Stock Unit, Common Stock, Chief Accounting Officer, vesting
4 terms
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit""
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.
Common Stock financial
"underlying_security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Chief Accounting Officer financial
"officer_title: "Chief Accounting Officer""
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
vesting financial
"The restricted stock units vest in four equal annual installments"
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.
FAQ
What insider transaction did NetScout (NTCT) report for Eric Todd Watt?
NetScout reported a grant of 10,000 restricted stock units to Chief Accounting Officer Eric Todd Watt. These RSUs are equity compensation, not an open-market trade, and each unit represents one share of NetScout common stock when it ultimately vests.
How many NetScout restricted stock units were granted to the CAO?
Eric Todd Watt received 10,000 restricted stock units from NetScout Systems as a grant. Each unit is linked to one share of common stock, increasing his potential future equity exposure as the units vest over time, subject to the vesting schedule disclosed.
What is the vesting schedule for Eric Todd Watt’s NetScout RSUs?
The 10,000 restricted stock units vest in four equal annual installments. The first installment vests on June 19, 2027, with the remaining installments vesting in subsequent years, aligning long-term incentives with NetScout’s multi‑year performance and retention goals.
What are Eric Todd Watt’s NetScout holdings after this RSU grant?
After the grant, Eric Todd Watt directly holds 21,250 restricted stock units or underlying shares reported in the filing. This figure reflects his post‑transaction position from this specific Form 4 and highlights his ongoing equity stake tied to NetScout’s performance.