NetScout (NASDAQ: NTCT) COO stock sale follows 10b5-1 plan
Rhea-AI Filing Summary
NETSCOUT SYSTEMS INC (NTCT) reported that Chief Operating Officer Sanjay Munshi sold 2,269 shares of common stock on 2026-08-17 in an open-market or private transaction at $39.27 per share. After this sale, Munshi directly holds 6,729 shares of NETSCOUT common stock. The sale was executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted by Munshi on 2025-09-03, which means the trade followed a pre-set schedule rather than discretionary timing.
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Insider Trade Summary 10b5-1
Net Seller: 2,269 shares
Net Sell
1 txn
Insider
Munshi Sanjay
Role
Chief Operating Officer
Sold
2,269 shs ($89K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 2,269 | $39.27 | $89K |
Holdings After Transaction:
Common Stock — 6,729 shares (Direct)
Footnotes (1)
- F1. The shares of Common Stock were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on September 3, 2025.
Key Figures
Shares sold: 2,269 shares
Sale price per share: $39.27 per share
Shares owned after transaction: 6,729 shares
+1 more
4 metrics
Shares sold
2,269 shares
Common stock sale by COO Sanjay Munshi on 2026-08-17
Sale price per share
$39.27 per share
Reported price for the 2,269-share sale on 2026-08-17
Shares owned after transaction
6,729 shares
Direct NTCT common stock holdings of COO Sanjay Munshi after the sale
10b5-1 plan adoption date
2025-09-03
Date Munshi adopted the Rule 10b5-1 trading plan governing this sale
Key Terms
Rule 10b5-1 plan, Form 4, non-derivative
3 terms
Rule 10b5-1 plan regulatory
"The shares of Common Stock were sold pursuant to a 10b5-1 plan adopted"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
Form 4 regulatory
"reported on a Form 4 insider transaction report for NETSCOUT"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-derivative financial
"transaction_type was classified as non-derivative common stock"
FAQ
What insider transaction did NTCT report for executive Sanjay Munshi on August 17, 2026?
NETSCOUT (NTCT) disclosed that COO Sanjay Munshi sold 2,269 shares of common stock on 2026-08-17 at $39.27 per share. The transaction was a routine open-market or private sale reported on a Form 4.
Was Sanjay Munshi’s NTCT stock sale executed under a Rule 10b5-1 trading plan?
Yes. The Form 4 states the NTCT shares were sold under a Rule 10b5-1 plan adopted by COO Sanjay Munshi on 2025-09-03. Such plans pre-schedule trades, limiting the insider’s ability to time sales based on new information.
AI-generated analysis. How Rhea-AI works. Not financial advice.