Netskope: ICONIQ partnership distributes 3.09M shares
The reported shares were held through the partnerships; the reporting person disclaimed beneficial ownership except to the extent of any pecuniary interest.
Rhea-AI Filing Summary
Netskope Inc (symbol: NTSK) is the issuer of record for a Form 4 filing submitted to the SEC. Griffith William J.G. reported disposition transactions in this Form 4 filing.
Netskope Inc (NTSK) reports that ICONIQ Strategic Partners II, L.P. distributed 3,085,037 shares and ICONIQ Strategic Partners II-B, L.P. distributed 2,414,963 shares of Class A Common Stock on September 22, 2026, for no consideration. The partnerships reported post-distribution holdings of 6,999,211 and 5,478,971 shares, respectively. William J.G. Griffith, a director and 10% owner, reported the transactions as indirect entity holdings and disclaimed beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 5,500,000 shares
Other
8 txns
Insider
Griffith William J.G.
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock F1, F2, F3 | 3,085,037 | -- | -- |
| Other | Class A Common Stock F4, F2, F3 | 2,414,963 | -- | -- |
| holding | Class A Common Stock F2, F3 | -- | -- | -- |
| holding | Class A Common Stock F2, F3 | -- | -- | -- |
| holding | Class A Common Stock F2, F3 | -- | -- | -- |
| holding | Class A Common Stock F2, F3 | -- | -- | -- |
| holding | Class A Common Stock F2, F3 | -- | -- | -- |
| holding | Class A Common Stock F5 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 6,999,211 shares (Indirect, ICONIQ Strategic Partners II, L.P.);
Class A Common Stock — 5,478,971 shares (Indirect, ICONIQ Strategic Partners II-B, L.P.);
Class A Common Stock — 2,339,380 shares (Indirect, ICONIQ Strategic Partners II Co-Invest, L.P. (Series NS));
Class A Common Stock — 8,723,318 shares (Indirect, ICONIQ Strategic Partners VI, L.P.);
Class A Common Stock — 12,854,199 shares (Indirect, ICONIQ Strategic Partners VI-B, L.P.);
Class A Common Stock — 18,872,434 shares (Indirect, ICONIQ Strategic Partners VI Co-Invest, L.P. (Series NS));
Class A Common Stock — 916,690 shares (Indirect, ICONIQ Strategic Partners VIII Holdings, L.P.);
Class A Common Stock — 1,167,726 shares (Direct)
Footnotes (5)
- F1. On September 22, 2026, ICONIQ Strategic Partners II, L.P. distributed, for no consideration, in the aggregate 3,085,037 shares of the Issuer's Class A Common Stock (the "ICONIQ II Shares") to its limited partners and to ICONIQ Strategic Partners II GP, L.P. ("ICONIQ GP II"), representing each such partner's pro rata interest in such ICONIQ II Shares. On the same date, ICONIQ GP II distributed, for no consideration, the ICONIQ II Shares it received in the distribution by ICONIQ II to its partners, representing each such partner's pro rata interest in such ICONIQ II Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
- F2. ICONIQ GP II is the sole general partner of ICONIQ Strategic Partners II, L.P., ICONIQ Strategic Partners II-B, L.P., and ICONIQ Strategic Partners II Co-Invest, L.P. (Series NS). ICONIQ Strategic Partners II TT GP, Ltd. ("ICONIQ Parent GP II") is the sole general partner of ICONIQ GP II. ICONIQ Strategic Partners VI GP, L.P. ("ICONIQ GP VI") is the sole general partner of ICONIQ Strategic Partners VI, L.P., ICONIQ Strategic Partners VI-B, L.P. and ICONIQ Strategic Partners VI Co-Invest, L.P. (Series NS). ICONIQ Strategic Partners VI TT GP, Ltd. ("ICONIQ Parent GP VI") is the sole general partner of ICONIQ GP VI. ICONIQ Strategic Partners VIII GP, L.P. ("ICONIQ GP VIII") is the sole general partner of ICONIQ Strategic Partners VIII Holdings, L.P. ICONIQ Strategic Partners VIII TT GP, LLC ("ICONIQ Parent GP VIII") is the sole general partner of ICONIQ GP VIII.
- F3. (continued) Divesh Makan and the Reporting Person are the sole equity holders of ICONIQ Parent GP II and the sole managing members of ICONIQ Parent GP VIII, and Divesh Makan, the Reporting Person and Matthew Jacobson are the sole equity holders of ICONIQ Parent GP VI. The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Exchange Act, except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
- F4. On September 22, 2026, ICONIQ Strategic Partners II-B, L.P. distributed, for no consideration, in the aggregate 2,414,963 shares of the Issuer's Class A Common Stock (the "ICONIQ II-B Shares") to its limited partners and to ICONIQ GP II, representing each such partner's pro rata interest in such ICONIQ II-B Shares. On the same date, ICONIQ GP II distributed, for no consideration, the ICONIQ II-B Shares it received in the distribution by ICONIQ II-B to its partners, representing each such partner's pro rata interest in such ICONIQ II-B Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Exchange Act.
- F5. The shares are held by the Reporting Person through his family trust of which he is a trustee and another estate planning trust having an independent trustee. Includes an aggregate of 583,863 ICONIQ II Shares and ICONIQ II-B Shares received in the distributions described herein. The Reporting Person disclaims beneficial ownership of the shares held by such trusts for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
Key Figures
Shares distributed by ICONIQ Strategic Partners II, L.P.: 3,085,037 shares
Shares distributed by ICONIQ Strategic Partners II-B, L.P.: 2,414,963 shares
Post-distribution holdings of ICONIQ Strategic Partners II, L.P.: 6,999,211 shares
+2 more
5 metrics
Shares distributed by ICONIQ Strategic Partners II, L.P.
3,085,037 shares
Class A Common Stock distributed September 22, 2026, for no consideration
Shares distributed by ICONIQ Strategic Partners II-B, L.P.
2,414,963 shares
Class A Common Stock distributed September 22, 2026, for no consideration
Post-distribution holdings of ICONIQ Strategic Partners II, L.P.
6,999,211 shares
After the September 22, 2026 distribution
Post-distribution holdings of ICONIQ Strategic Partners II-B, L.P.
5,478,971 shares
After the September 22, 2026 distribution
Shares held through trusts
1,167,726 shares
Reported after the transactions; includes 583,863 ICONIQ II and II-B shares received in the distributions
Key Terms
pro rata interest, pecuniary interest, beneficial ownership, Rules 16a-13 and 16a-9
4 terms
pro rata interest financial
"representing each such partner's pro rata interest"
pecuniary interest regulatory
"except to the extent of its or his pecuniary interest therein, if any"
beneficial ownership regulatory
"disclaims beneficial ownership of the securities reported herein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Rules 16a-13 and 16a-9 regulatory
"exemptions afforded by Rules 16a-13 and 16a-9"
FAQ
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Was the NTSK transaction reported under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported for these transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
