NetScout director granted 7,000 RSUs, 7,000 vest
NETSCOUT director Marlene Pelage received 7,000 new RSUs and settled 7,000 RSUs into common stock, increasing her direct holdings to 25,085 shares.
Rhea-AI Filing Summary
NETSCOUT SYSTEMS INC (NTCT) director Marlene Pelage reported equity award and RSU vesting activity. On September 9, 2026, she received a grant of 7,000 Restricted Stock Units, each representing one share of Common Stock and granted at $0.00 per unit. These RSUs vest on the first anniversary of grant if she attends at least 75% of specified Board and committee meetings during the company’s 2027 fiscal year, or instead on September 9, 2029 if that attendance threshold is not met, in each case subject to continuous service. On September 10, 2026, 7,000 previously granted RSUs vested and were converted into 7,000 shares of Common Stock, bringing her directly held Common Stock position to 25,085 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
Pelage Marlene
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 — 25,085 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 units
RSUs vesting and converting: 7,000 shares
Common Stock held after transaction: 25,085 shares
+3 more
6 metrics
RSUs granted
7,000 units
Restricted Stock Units granted on September 9, 2026, each for one share of Common Stock
RSUs vesting and converting
7,000 shares
Previously granted RSUs vested and converted into Common Stock on September 10, 2026
Common Stock held after transaction
25,085 shares
Directly held by Marlene Pelage after September 10, 2026 conversion
RSU grant price
$0.00 per unit
Price for 7,000 Restricted Stock Units granted on September 9, 2026
Attendance vesting threshold
75%
Required Board and committee meeting attendance during NETSCOUT’s 2027 fiscal year for standard vesting
Alternative vesting date
September 9, 2029
Date RSUs vest if the 75% attendance requirement is not met, subject to continuous service
Key Terms
Restricted Stock Unit, vesting, continuous service, Board and any committee of the Board
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
"All of the Restricted Stock Units vest on the first anniversary of the date of grant"
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.
continuous service financial
"subject, in each case, to the reporting person's continuous service with the corporation"
Board and any committee of the Board financial
"provided that the reporting person attends at least 75% of the meetings, collectively, of the Board and any committee"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did NTCT director Marlene Pelage report?
Marlene Pelage 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 shares of Common Stock on September 10, 2026, increasing her directly held Common Stock to 25,085 shares.
What are the vesting conditions for the new 7,000 NTCT RSUs granted to Marlene Pelage?
All 7,000 RSUs vest on the first anniversary of grant if she attends at least 75% of Board and relevant committee meetings during NETSCOUT’s 2027 fiscal year. If that attendance requirement is not met, they vest on September 9, 2029, subject to continuous service.
At what price were the new NTCT Restricted Stock Units granted to Marlene Pelage?
The 7,000 Restricted Stock Units were granted at a price of $0.00 per unit, as part of her director equity compensation. A related footnote states that the price is N/A, consistent with a non-cash equity award.
Were Marlene Pelage’s NTCT transactions under a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not marked, and there is no footnote stating that the transactions were made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
