Netskope insider-linked funds buy 306,399 shares
Entities affiliated with William J.G.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Entities affiliated with William J.G. Griffith, a director and more than 10% owner of Netskope Inc (NTSK), reported open-market purchases of 306,399 shares of Class A Common Stock at weighted average prices of $12.2550 and $12.4214. These shares are held indirectly through ICONIQ Strategic Partners VIII Holdings, L.P., which held 916,690 shares after the latest purchase. The filing also lists substantial indirect holdings in several other ICONIQ Strategic Partners funds and states that Griffith disclaims beneficial ownership except to the extent of any pecuniary interest.
Insights
Analyzing...
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock F4, F2, F3 | 64,771 | $12.4214 | $805K |
| Purchase | Class A Common Stock F1, F2, F3 | 241,628 | $12.255 | $2.96M |
| 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 F2, F3 | -- | -- | -- |
Footnotes (4)
- F1. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $12.17 to $12.30. Full information regarding the number of shares purchased at each separate price can be furnished to the SEC staff upon request.
- F2. ICONIQ Strategic Partners II GP, L.P. ("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 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 Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.
- F4. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $12.35 to $12.50. Full information regarding the number of shares purchased at each separate price can be furnished to the SEC staff upon request.
Key Figures
Key Terms
weighted average price financial
beneficial ownership regulatory
pecuniary interest financial
Section 16 of the Exchange Act regulatory
indirect ownership financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What total net insider buying does the Netskope Inc (NTSK) Form 4 disclose?
AI-generated analysis. How Rhea-AI works. Not financial advice.