Netskope director receives 16,778 RSU equity grant
Salem Enrique T reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Salem Enrique T reported acquisition or exercise transactions in this Form 4 filing.
Netskope Inc director Enrique T. Salem reported receiving a grant of 16,778 Restricted Stock Units (RSUs), each representing one share of Class A Common Stock. The RSUs vest on the earlier of July 8, 2027 or the date of Netskope’s next annual meeting of stockholders, and Salem now holds 16,778 RSUs directly.
Positive
- None.
Negative
- None.
Insights
Routine director RSU grant with time-based vesting.
Director Enrique T. Salem received 16,778 Restricted Stock Units as an equity award, with no cash paid per unit. Each RSU corresponds to one share of Class A Common Stock, aligning the director’s incentives with long-term shareholder value.
The RSUs vest on the earlier of July 8, 2027 or the company’s next annual meeting of stockholders, creating a service- and tenure-based retention mechanism. This appears to be standard board compensation rather than a discretionary market transaction, so it carries limited signaling about the company’s near-term prospects.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 16,778 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit, or RSU, represents a contingent right to receive one share of Issuer Class A Common Stock.
- F2. The RSUs vest on the earlier of (i) July 8, 2027 or (ii) the date of the Issuer's next annual meeting of stockholders.
Key Figures
Key Terms
Restricted Stock Units financial
Class A Common Stock financial
annual meeting of stockholders financial
FAQ
What insider transaction did Netskope Inc (NTSK) director Enrique T. Salem report?
How many Restricted Stock Units did Enrique T. Salem receive at Netskope Inc (NTSK)?
What is the vesting schedule for Enrique T. Salem’s RSUs at Netskope Inc (NTSK)?
How many Netskope Inc (NTSK) RSUs does Enrique T. Salem hold after this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.