Netscout CEO vests 10,368 PSUs, pays taxes in stock
NETSCOUT Systems President & CEO Anil K. Singhal reported equity compensation activity tied to performance stock units.
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Rhea-AI Filing Summary
NETSCOUT Systems President & CEO Anil K. Singhal reported equity compensation activity tied to performance stock units. On June 19, 2026, 10,368 performance stock units vested into an equal number of common shares, based on the Compensation Committee’s decision that 36% of a prior 28,800-unit award would vest.
To cover related taxes, 4,609 common shares were withheld at a reference price of $39.67 per share, described as the closing price on June 18, 2026. After these transactions, Singhal directly holds 455,034 common shares and indirectly holds 1,443,960 common shares through various trusts for the benefit of himself and his spouse.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 10,368 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,368 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,609 | $39.67 | $183K |
| holding | Common Stock | -- | -- | -- |
Footnotes (9)
- F1. The shares of Common Stock were acquired upon the vesting of certain performance stock units previously granted to the reporting person.
- F2. Price is N/A.
- F3. The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the vesting of performance stock units.
- F4. Represents the closing price of the Company's Common Stock on June 18, 2026.
- F5. The shares of Common Stock are beneficially owned by various trusts for the benefit of the reporting person and his spouse.
- F6. The performance stock units shall vest in a range of 0% to 100% upon the determination of the Compensation Committee of the Board of the attainment of the required relative total shareholder return over the 36-month period commencing on June 15, 2023, and ending on June 14, 2026.
- F7. Date is N/A.
- F8. On June 15, 2023, the Reporting Person was granted 28,800 performance stock units (the "Prior PSUs"), which shall vest in a range of 0% to 100% upon the determination of the Compensation Committee of the Board of the attainment of the required relative total shareholder return over the 36-month period commencing on June 15, 2023, and ending on June 14, 2026. On June 19, 2026, the Compensation Committee of the Board determined that 36% of the Prior PSUs shall vest.
- F9. Reflects the number of performance stock units ("PSUs") held by the Reporting Person after the forfeiture of unachieved PSUs.
Key Figures
Key Terms
performance stock units financial
tax withholding obligation financial
Compensation Committee financial
beneficially owned financial
FAQ
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What equity award changes did NETSCOUT (NTCT) CEO Anil Singhal report?
How was the NETSCOUT (NTCT) performance stock unit award structured for the CEO?
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