Netskope CFO converts stock grants into 15,625 shares
Netskope Inc's Chief Financial Officer Andrew H. del Matto reported that 15,625 Restricted Stock Units were converted into Class B Common Stock on October 1, 2026, and 15,625 Class B shares were converted into Class A Common Stock at a 1:1 ratio.
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Rhea-AI Filing Summary
Netskope Inc's Chief Financial Officer Andrew H. del Matto reported that 15,625 Restricted Stock Units were converted into Class B Common Stock on October 1, 2026, and 15,625 Class B shares were converted into Class A Common Stock at a 1:1 ratio. He also had 8,638 Class B shares withheld at a reported $17.44 per share to satisfy tax liability related to RSU vesting. Following the RSU transaction, 156,250 RSUs remained.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 15,625 | $0.00 | $0.00 |
| Exercise | Class B Common Stock F1, F3 | 15,625 | $0.00 | $0.00 |
| Tax Withholding | Class B Common Stock F1, F4, F3 | 8,638 | $17.44 | $151K |
Footnotes (4)
- F1. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder.
- F2. The remaining RSUs vest in 10 equal quarterly installments beginning on January 1, 2027.
- F3. The shares of Class B Common Stock automatically convert to shares of Class A Common Stock on a 1:1 basis on or prior to September 19, 2035 as set forth in the Issuer's amended and restated certificate of incorporation.
- F4. The shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of RSUs.
Key Figures
Key Terms
Restricted Stock Units financial
quarterly installments financial
automatically convert technical
FAQ
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When do Andrew H. del Matto's remaining NTSK RSUs vest?
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